NOT LISTED FOR SALE

322 E Council St Unit 2E Salisbury, NC 28144

Estimated Value: $208,000 - $287,000

2 Beds
2 Baths
1,370 Sq Ft
$259/ mo HOA Fee

Last Sold October 28, 2021

Last sale price $201,711 $147 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,680/month

6 Days on Market

Highlights

  • Open Floorplan
  • 4-minute walk to Salisbury Station
  • End Unit
  • Vaulted Ceiling
  • Wood Flooring
  • Corner Lot

About This Home

As of October 2021

Don’t miss your opportunity to own a unique piece of urban living in the heart of downtown Salisbury! Once home to Cheerwine Bottling Co., remodeled in 1999, this historic building was converted into condos and offices.This 2 Bedroom/2 Bath END UNIT on the 2nd floor features a “wall of windows” with nice views of the Depot. Large dining area along with a large living room to sit and relax. TWO walk-in closets off Primary bedroom. Open concept allows for lots of furniture placement & decorating options. Beautiful warm brick walls, wood floors and exposed industrial ductwork & beams along with industrial fixtures give this unit great architectural interest. Floors and large beams are all original to the bldg. New $12K HVAC. Bldg has secured entrance in addition to a private GARAGE. Private storage closet in garage is also included with this unit. Your mailbox is located in the lobby where you will also enjoy a nice common space. Great for urban living for yourself or as an investment!

Last Agent to Sell the Property

Emilie Davis

EXP Realty LLC Mooresville License #130965 Listed on: 09/30/2021

EXP Realty LLC Mooresville

Last Buyer's Agent

Kim Newton

Bestway Realty License #291924

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • End Unit

HOA Fees

  • $259 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Community Details

  • Historic Cheerwine Condo Assoc Association, Phone Number (704) 579-1287
  • Mid-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 010B013

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

741 Sq Ft Lot

HOA Fees

$259 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.90979
  • Ratio Close Price By Original Li: 0.90979
  • Ratio Current Price By Sq Ft: 147.23
  • Unit Floor Level: 2
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Exhaust Hood, Gas Range, Refrigerator
  • Flooring: Tile, Vinyl Plank, Wood
  • H O A Management Phone: 704-579-1287
  • Interior Amenities: Garden Tub, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1370
  • Total Sq Ft: 1370

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Parking: Keypad Entry, On-Street Parking, Parking Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 258.75
  • Association Fee Frequency: Monthly
  • Complex Name: Cheerwine Building
  • HOA Management Company: Historic Cheerwine Condo Assoc
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Corner Lot, End Unit
  • Parcel Number: 010B013
  • Zoning Specification: MIXED

Tax Info

  • Tax Value: 97559.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Oct 13, 2021
Sold by
Overcash Angela Dawn
Bought by
Preciado Jaime and Preciado Marccia L
Seller's Agent
Emilie Davis
EXP Realty LLC Mooresville
Buyer's Agent
Kim Newton
Bestway Realty
List Price
$221,711
Sold Price
$201,711
Premium/Discount to List
-$20,000
-9.02%
Current Estimated Value
$256,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,841
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Feb 22, 2019
Sold by
Basinger Richard C
Bought by
Overcash Angela Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 23, 2014
Sold by
Estate Of Celia L Goin and Holmes Terrance C
Bought by
Basinger Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 11, 2006
Sold by
Council Street Historic Restoration Llc
Bought by
Goin Celia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Preciado Jaime $202,000 None Available
Overcash Angela Dawn $82,000 None Available
Basinger Richard C $83,000 None Available
Goin Celia L $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Overcash Angela Dawn $65,600
Previous Owner Basinger Richard C $66,400
Previous Owner Goin Celia L $80,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $201,711 -9.0% $147 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $221,711 -- $162 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,241 $168,588 $0 $168,588
2024 $1,241 $168,588 $0 $168,588
2023 $2,279 $168,588 $0 $168,588
2022 $1,515 $97,559 $0 $97,559
2021 $1,515 $97,559 $0 $97,559
2020 $1,515 $97,559 $0 $97,559
2019 $1,515 $97,559 $0 $97,559
2018 $1,597 $104,237 $0 $104,237
2017 $1,589 $104,237 $0 $104,237
2016 $1,551 $104,237 $0 $104,237
2015 $1,562 $104,237 $0 $104,237
2014 $1,606 $108,351 $0 $108,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3790543

Canopy MLS (Canopy Realtor® Association)

APN: 010-B013

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