NOT LISTED FOR SALE

322 E Council St Unit 2A Salisbury, NC 28144

Estimated Value: $252,000 - $333,000

1 Bed
1 Bath
1,706 Sq Ft
$183/mo HOA Fee

Last Sold August 09, 2022

Last sale price $225,000 $132 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,722/month

56 Days on Market

Highlights

  • Open Floorplan
  • 4-minute walk to Salisbury Station
  • End Unit
  • Wooded Lot
  • Wood Flooring
  • Built-In Features

About This Home

As of August 2022

Downtown urban loft! Own a piece of history full of original details that was once home to Salisbury's Cheerwine Bottling Co. Remodeled 1999, this historical building houses downstairs office spaces & 5 upstairs condominiums for residential living.Desirable front facing end unit features the primier high ceilings of all the units, and is the only unit that has its own upstairs loft space.Original owner showcased this open floor plan beautifully with multiple living spaces. You won't be disappointed with the brick walls, wood floors, over-sized windows, exposed duct-work, & rafters, allowing this loft to retain it's original historical charm. Downstairs common area offers cozy seating, your mailbox, & the original vault that held Cheerwine's secret recipe. Bldg has secured entrance & private garage for parking + storage unit in garage. All the downtown perks are in walking distance, including the new 3 acre Bell Tower Park. Great investment opportunity! Urban living at its finest!

Last Agent to Sell the Property

John Walser

Home Realty and Mortgage LLC License #274087 Listed on: 06/13/2022

Last Buyer's Agent

Nicole Colon

Coldwell Banker Realty License #327611

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • End Unit
  • Wooded Lot

HOA Fees

  • $183 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Storage Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Additional Features

  • Grab Bar In Bathroom
  • Central Heating

Community Details

  • Historic Cheerwine Condo HOA, Phone Number (336) 688-0645
  • Cheerwine Building Condos
  • Cheerwine Building Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 010B009

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1999
  • Restrictions: Other - See Media/Remarks
  • Unit Floor Level: 2
  • Road Surface Type: Concrete
  • Structure Type: Loft
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 131.89
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Built Ins, Open Floorplan, Storage Unit, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1106
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 600
  • Appliances: Dishwasher, Electric Dryer Hookup, Gas Oven, Gas Range, Refrigerator
  • Accessibility Features: Bath Grab Bars
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 1706
  • Full Bathrooms: 1
  • Total Bedrooms: 0
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Tax Location: Salisbury
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Assigned, Parking Garage, Parking Space, Other

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: g-On-Demand Water Heater
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 182.85
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Cheerwine Building
  • Association Name: Historic Cheerwine Condo HOA
  • Phone: 336-688-0645
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 2194.20

Lot Info

  • Lot Features: End Unit, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 010B009
  • Plat Book Slide: 9999/137
  • Plat Reference Section Pages: 137
  • Land Included Yn: 0
  • Zoning Description: DMX

Tax Info

  • RATIO List Price By Tax Amount: 3.25340

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Aug 8, 2022
Sold by
Moore Fuller Janice
Bought by
Bratton Reginald Bernard and Bratton Nichelle Nicole
Seller's Agent
John Walser
Home Realty and Mortgage LLC
Buyer's Agent
Nicole Colon
Coldwell Banker Realty
List Price
$244,900
Sold Price
$225,000
Premium/Discount to List
-$19,900
-8.13%
Views
1
Current Estimated Value
$281,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,087
Avg. Annual Appreciation
6.64%
Original Mortgage
$225,000
Outstanding Balance
$213,067
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$68,020
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bratton Reginald Bernard $225,000 Hejirika Law Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bratton Reginald Bernard $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $225,000 -8.1% $132 / Sq Ft
06/13/2022 06/13/22 For Sale $244,900 -- $144 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $955 $129,709 $0 $129,709
2024 $955 $129,709 $0 $129,709
2023 $1,754 $129,709 $0 $129,709
2022 $1,169 $75,275 $0 $75,275
2021 $1,169 $75,275 $0 $75,275
2020 $1,169 $75,275 $0 $75,275
2019 $1,169 $75,275 $0 $75,275
2018 $1,561 $100,387 $0 $100,387
2017 $1,531 $100,387 $0 $100,387
2016 $1,494 $100,387 $0 $100,387
2015 $1,504 $100,387 $0 $100,387
2014 $1,537 $103,740 $0 $103,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3870428

Canopy MLS (Canopy Realtor® Association)

APN: 010-B009