NOT LISTED FOR SALE

355 Galloway St Mount Airy, NC 27030

Estimated Value: $119,000 - $177,000

1 Bed
1 Bath
750 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $90,000 $120 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $819/month

56 Days on Market

About This Home

As of October 2020

An old brick facade houses a boutique style office that is near the Historic District, Riverside Park and the financial district of Mt. Airy. A garage building provides storage or other uses on the same site. Make your appointment to see this fine property soon. New roofs, new security system, new porches on both, new kitchette in brick building. Office and storage at one location. Galloway connects to Main Street and Riverside Drive. 973 SF in garage and 727 SF in office. $99,900.

Last Agent to Sell the Property

Mark Rogers

Rogers Realty & Auction Co., Inc. License #67378 Listed on: 07/29/2020

Last Buyer's Agent

Teresa Martin

Land Pro Real Estate, Inc License #305380

Property Details

Property Type

  • Other

Year Built

  • Built in 1960

Lot Details

  • 0.3

Additional Features

  • 1-Story Property
  • Property is zoned M1

Community Details

  • No Home Owners Association
  • 1,700 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 502012873245

Property Details

Property Type

Other

Year Built

Built in 1960

Lot Details

0.3 Acres

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Business Type: Investment
  • Directions: From Riverside Drive, turn left on Galloway Street, property on right. From N. Main Street follow Galloway to the property on the left.
  • Building Stories: 1
  • Year Built: 1960
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None
  • Stories: 1

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 502012873245
  • Zoning: M1
  • TRIADMLS_AcresRange: -

Rental Info

  • Land Lease Amount: 99900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Johnson Jerry R and Johnson Betty Boswell
Bought by
Byrnes Joseph
Current Estimated Value
$148,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$90,989
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$57,207

Purchase Details

Listed on
Jul 29, 2020
Closed on
Oct 28, 2020
Sold by
Crgl Llc
Bought by
Johnson Jerry R and Boswell-Johnson Betty
Seller's Agent
Mark Rogers
Rogers Realty & Auction Co., Inc.
Buyer's Agent
Teresa Martin
Land Pro Real Estate, Inc
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Jan 4, 2019
Sold by
Tidd Charles R and Fowler-Tidd Sara R
Bought by
Crgl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2017
Sold by
Hpr & Ac Liquidation Inc
Bought by
Tidd Charles R and Tidd Sara Reagan Fowler

Purchase Details

Closed on
Oct 1, 2000

Purchase Details

Closed on
Nov 1, 1999

Purchase Details

Closed on
Sep 1, 1995

Purchase Details

Closed on
Aug 1, 1989

Purchase Details

Closed on
Dec 1, 1987
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Byrnes Joseph $150,000 None Listed On Document
Johnson Jerry R $90,000 None Available
Crgl Llc -- --
Tidd Charles R $30,000 None Available
-- $38,000 --
-- $38,000 --
-- $19,000 --
-- $14,000 --
-- $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrnes Joseph $100,000
Previous Owner Crgl Llc $59,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2020 10/28/20 Sold $90,000 -9.9% $120 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $99,900 -- $133 / 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 $666 $100,300 $15,750 $84,550
2024 $643 $92,330 $15,000 $77,330
2023 $633 $90,140 $15,000 $75,140
2022 $633 $90,140 $15,000 $75,140
2021 $643 $90,140 $15,000 $75,140
2020 $260 $37,600 $15,000 $22,600
2019 $260 $37,600 $0 $0
2018 $256 $37,600 $0 $0
2017 $257 $37,120 $0 $0
2016 $253 $37,120 $0 $0
2013 -- $39,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 987932

Triad MLS

APN: 5020-12-87-3245

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