NOT LISTED FOR SALE

400&406 Mahaley Ave Unit NULL Salisbury, NC 28144

Estimated Value: $539,526

-- Bed
-- Bath
4,800 Sq Ft
$112/Sq Ft Est. Value

Last Sold September 09, 2015

Last sale price $230,000 $48 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,300/month

263 Days on Market

Highlights

  • Cathedral Ceiling
  • Detached Carport Space
  • 5-minute walk to Forest Hill Park
  • Machine Shed
  • Four Sided Brick Exterior Elevation

About This Home

As of September 2015

This home is located at 400&406 Mahaley Ave Unit NULL, Salisbury, NC 28144 since 20 November 2014 and is currently estimated at $539,526, approximately $112 per square foot. This property was built in 1951. 400&406 Mahaley Ave Unit NULL is a home located in Rowan County with nearby schools including Carroll T Overton Elementary School, Knox Middle School, and North Rowan Middle School.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,398

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 250.75x199.49x252.49x191.08
  • Property fronts an interstate
  • Possible uses of the property include Recreational, Residential

Parking

  • Detached Carport Space

Home Design

  • Composition Roof
  • Log Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,800 Sq Ft Home
  • Cathedral Ceiling

Kitchen

  • Dishwasher
  • Trash Compactor

Schools

  • Overton Elementary School
  • Knox Middle School
  • Salisbury High School

Additional Features

  • Machine Shed
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,398

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Year Built: 1951
  • Road Frontage Type: City Street, Interstate
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12

Interior Features

  • Foundation Details: Other - See Remarks
  • Interior Amenities: Cathedral Ceiling(s)
  • Possible Use: Recreational, Residential
  • Appliances: Dishwasher, Trash Compactor
  • Fireplace Features: Gas Log
  • Living Area: 4800
  • Room Count: 0

Exterior Features

  • Roof: Composition
  • Road Frontage: 250
  • Construction Type: Aluminum, Brick Full, Concrete Block, Log
  • Other Structures: Tractor Shed

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Carport

Utilities

  • Heating: Other - See Remarks
  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Knox

Lot Info

  • Lot Features: Other - See Remarks
  • Parcel Number: 052
  • Lot Size: 250.75x199.49x252.49x191.08

MLS Schools

  • Elementary School: Overton
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2020
Sold by
Jankowski Walter and Jankowski Laura
Bought by
Janski Eight Llc
Total Days on Market
263
Current Estimated Value
$539,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,587
Outstanding Balance
$235,788
Interest Rate
3%
Estimated Equity
$326,109

Purchase Details

Closed on
Jul 27, 2020
Sold by
Attorney Properties Llc
Bought by
Jankowski Walter and Jankowski Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,587
Outstanding Balance
$235,788
Interest Rate
3%
Estimated Equity
$326,109

Purchase Details

Listed on
Nov 20, 2014
Closed on
Sep 9, 2015
Sold by
Timberlake Properties Llc
Bought by
Attorney Properties Llc
List Price
$295,000
Sold Price
$230,000
Premium/Discount to List
-$65,000
-22.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$569,535
Interest Rate
4.02%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Janski Eight Llc -- None Available
Jankowski Walter $347,500 None Available
Attorney Properties Llc $460,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jankowski Walter $260,587
Previous Owner Attorney Properties Llc $1,060,000
Previous Owner Attorney Properties Llc $569,535
Previous Owner Timberlake Properties Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2015 12/10/15 Off Market $230,000 -- --
09/09/2015 09/09/15 Sold $230,000 -22.0% $48 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
11/20/2014 11/20/14 For Sale $295,000 -- $61 / 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
2024 $3,398 $284,128 $48,400 $235,728
2023 $3,398 $284,128 $48,400 $235,728
2022 $2,789 $202,494 $42,350 $160,144
2021 $2,789 $202,494 $42,350 $160,144
2020 $2,789 $202,494 $42,350 $160,144
2019 $2,789 $202,494 $42,350 $160,144
2018 $2,564 $188,737 $42,350 $146,387
2017 $2,522 $186,636 $42,350 $144,286
2016 $2,453 $186,636 $42,350 $144,286
2015 $2,468 $186,636 $42,350 $144,286
2014 $1,503 $114,993 $42,350 $72,643
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R57149

Canopy MLS (Canopy Realtor® Association)

APN: 002-052