NOT LISTED FOR SALE

413 N Salisbury Ave Spencer, NC 28159

Estimated Value: $104,000 - $163,769

2 Beds
1 Bath
1,245 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $67,000 $54 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $790/month

5 Days on Market

About This Home

As of March 2021

The ever classic American Arts & Crafts bungalow awaits your restoration. Handsome pink granite foundation and porch pillars frame the large L-shaped front porch. Perched high above the street with matching granite retaining wall. Formal living room with a (closed) fireplace & formal dining room with the traditional craftsman style window arrangement for buffet or server. Back alley access to property and a driveway off N. Salisbury Ave. Overall this home is in good condition but is due for some needed repairs. Sold as is with no repairs made. Perfect for the investor or hands-on homeowner. Newer 200 Amp electrical service entering home, but appears some older wire is still present. It is believed this home has been in the same family since it was built.

Last Agent to Sell the Property

Greg Rapp

Salisbury Real Estate LLC License #210485 Listed on: 02/18/2021

Last Buyer's Agent

Maricela Carias

Lake Norman Realty, Inc. License #323279

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 9,583

Parking

  • 1

Additional Features

  • Wood Flooring
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 036073

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.11667
  • Ratio Close Price By Original Li: 1.11667
  • Ratio Current Price By Acre: 304545.45
  • Ratio Current Price By Sq Ft: 53.82
  • Year Built: 1923
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Pier & Beam
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Electric Oven
  • Fireplace Description: Living Room
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1245
  • Total Sq Ft: 1245

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Garage - 1 Car, Parking Space - 4+

Utilities

  • Heating: Electric Baseboard Heat
  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Sidewalk

Schools

  • Elementary School: North Rowan
  • Middle School: North Rowan
  • High School: North Rowan

Lot Info

  • Lot Dimension: 65x142x65x155
  • Lot Size Area: 0.220
  • Parcel Number: 036073
  • Zoning Specification: R6

Tax Info

  • Tax Value: 57687.00
  • Tax Location: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 25, 2021
Sold by
Beck Cambron Shelton and Beck Kelli Heustess
Bought by
Membreno Oswaldo J
Seller's Agent
Greg Rapp
Salisbury Real Estate LLC
Buyer's Agent
Maricela Carias
Lake Norman Realty, Inc.
List Price
$60,000
Sold Price
$67,000
Premium/Discount to List
$7,000
11.67%
Current Estimated Value
$127,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,692
Avg. Annual Appreciation
16.08%
Original Mortgage
$64,990
Outstanding Balance
$59,074
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$70,264
Source: Public Records

Range of Values:

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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
Membreno Oswaldo J $67,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Membreno Oswaldo J $64,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $67,000 +11.7% $54 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $60,000 -- $48 / 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 $1,133 $100,224 $12,000 $88,224
2024 $1,133 $100,224 $12,000 $88,224
2023 $1,133 $100,224 $12,000 $88,224
2022 $757 $57,687 $9,900 $47,787
2021 $757 $57,687 $9,900 $47,787
2020 $757 $57,687 $9,900 $47,787
2019 $757 $57,687 $9,900 $47,787
2018 $651 $50,163 $9,900 $40,263
2017 $651 $50,163 $9,900 $40,263
2016 $651 $50,163 $9,900 $40,263
2015 $661 $50,163 $9,900 $40,263
2014 $664 $51,985 $9,900 $42,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3709902

Canopy MLS (Canopy Realtor® Association)

APN: 036-073