NOT LISTED FOR SALE

322 E Council St Unit 2B Salisbury, NC 28144

Estimated Value: $203,912 - $352,000

2 Beds
1 Bath
1,800 Sq Ft
$148/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2020

Last sale price $160,000 $89 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,750 / mo

1 Day on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Salisbury Station
  • Ceiling Fan
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of December 2020

Rare two-bedroom, one-bathroom condo in the Historic Cheerwine Building is waiting for new owners! You don't want to miss this condo in the heart of Downtown Salisbury with shopping, restaurants, and breweries just steps outside your front door. This home features two oversized bedrooms and a spacious open concept living/dining area. Spend these fall evenings cooking dinner in your dream kitchen then head just outside your door for dessert. Secured entrance and garage parking are just a few of the other perks. Brand new roof and HOA covers water, sewer, and trash! Look no further, this IS the one and won't last long!

Last Agent to Sell the Property

Joshua Hester

Mungo Homes License #298148 Listed on: 09/17/2020

Mungo Homes

Co-Listed By

Becca Thomason

Mungo Homes License #295829

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 1999

Lot Details

  • Level Lot
  • Property is zoned RS

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • On-Street Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,638 Sq Ft Home
  • 1,400-1,800 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010B010
  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,296

Year Built

Built in 1999

Lot Details

741 Sq Ft Lot

HOA Fees

$245 per month

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: Condominium
  • Co List Office Mls Id: WCOL02
  • Co List Office Phone: 336-725-0506
  • Subdivision Name: None
  • Directions: Take I85 South to exit 76. Turn right onto E Innes Street. Right onto N Long Street. Turn left onto East Council Street and the Cheerwine Building will be immediately on your right.
  • Above Grade Finished Sq Ft: 1638
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1999
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1800
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Separate Shower
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1638
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Level
  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Garage, On Street, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 245
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 010B010
  • Zoning: RS
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 1296.22
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Dec 1, 2020
Sold by
Leino Austin M
Bought by
Hochuli Malinda Jean and Hochuli Jeffrey Robert
Seller's Agent
Joshua Hester
Mungo Homes
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$160,000
Current Estimated Value
$267,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,228
Avg. Annual Appreciation
10.00%
Original Mortgage
$128,000
Outstanding Balance
$115,281
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$151,947

Purchase Details

Closed on
Jul 19, 2019
Sold by
Lahrmer Robert T and Lahrmer Deanna G
Bought by
Leino Austin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,075
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2016
Sold by
Shelton Eugene and Shelton Melanie R
Bought by
Lahrmer Robert T and Lahrmer Deanna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.46%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 30, 2015
Sold by
Freeman Steven A
Bought by
Shelton Eugene and Shelton Melanie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 12, 2014
Sold by
Leinonen Megan
Bought by
Freeman Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,625
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2010
Sold by
Halton Luke
Bought by
Leinonen Megan

Purchase Details

Closed on
Jan 19, 2007
Sold by
Council Street Historic Restoration Llc
Bought by
Halton Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
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
Hochuli Malinda Jean $160,000 Chicago Title
Leino Austin M $128,500 None Available
Lahrmer Robert T $101,000 None Available
Shelton Eugene $87,000 None Available
Freeman Steven A $77,500 None Available
Leinonen Megan $123,000 None Available
Halton Luke $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hochuli Malinda Jean $128,000
Previous Owner Leino Austin M $122,075
Previous Owner Lahrmer Robert T $80,000
Previous Owner Shelton Eugene $69,600
Previous Owner Freeman Steven A $73,625
Previous Owner Halton Luke $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2020 12/01/20 Sold $160,000 -- $114 / Sq Ft
Source: Triad MLS

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 $1,059 $143,835 $0 $143,835
2024 $1,059 $143,835 $0 $143,835
2023 $1,945 $143,835 $0 $143,835
2022 $1,296 $83,460 $0 $83,460
2021 $1,296 $83,460 $0 $83,460
2020 $1,296 $83,460 $0 $83,460
2019 $1,296 $83,460 $0 $83,460
2018 $1,521 $99,245 $0 $99,245
2017 $1,513 $99,245 $0 $99,245
2016 $1,477 $99,245 $0 $99,245
2015 $1,487 $99,245 $0 $99,245
2014 $1,795 $121,154 $0 $121,154
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joshua Hester

    Mungo Homes

    (662) 419-7478

    137 Total Sales

    Joshua Hester
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Becca Thomason

    Mungo Homes

    (336) 596-6099

    211 Total Sales

    Becca Thomason
    Section Image
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Map

Source: Triad MLS

MLS Number: 994585

Triad MLS

APN: 010-B010

North Carolina Rowan County Salisbury 28144

322 E Council St Unit 2B, Salisbury, NC

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