NOT LISTED FOR SALE

416 Elm St Salisbury, NC 28144

Estimated Value: $165,802 - $204,000

2 Beds
1 Bath
1,500 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2020

Last sale price $115,000 $77 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,108 / mo

2 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Detached Carport Space
  • No HOA
  • Kitchen Island
  • Outdoor Storage

About This Home

As of December 2020

Charming craftsman style cottage in the Fulton Heights area. It offers a welcoming covered front porch, along with a covered patio and fenced yard. Inside, you'll find beautiful wood flooring throughout most of this home, except kitchen and bath... the generous sunroom has a tiled floor. The laundry room is large enough to remodel for a stacked washer/dryer and make it a half bath, too. The unique kitchen boasts a "cooking room" for the gas range with an efficient exhaust hood. No point heating up the rest of the kitchen! You will appreciate the newly installed HVAC system, too. Water heater is relatively new. Being a vintage home, some work remains to be done and awaits your touch to update to suit your needs and taste. To that end, it is being sold "As Is". Don't miss the VisualTour: https://view.paradym.com/idx/416-Elm-Street-Salisbury-NC-28144/4565297 . The home was recently purchased through a family transaction, the price of which had nothing to do with market value.

Last Agent to Sell the Property

Mary Arey

Arey Realty License #56214 Listed on: 11/02/2020

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,125

Year Built

  • Built in 1925

Lot Details

  • 7,405

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,390 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement
  • Crawl Space
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Range
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Knox Middle School
  • Salisbury High School

Utilities

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

Additional Features

  • 7,405 Sq Ft Lot
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 013197
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,125

Year Built

Built in 1925

Lot Details

7,405 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: None
  • Directions: GPS
  • Above Grade Finished Sq Ft: 1390
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1925
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Exhaust Fan, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen Island
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1390
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Aluminum Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, 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: No

Schools

  • Elementary School: Koontz
  • High School: Salisbury
  • Middle Or Junior School: Knox

Lot Info

  • Parcel #: 013197
  • Zoning: SFR
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1124.71
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.377

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Dec 15, 2020
Sold by
Arey Mary K and Arey Steven Reid
Bought by
Dilts Katlyn Marie
Seller's Agent
Mary Arey
Arey Realty
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$115,000
Current Estimated Value
$185,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,201
Avg. Annual Appreciation
9.35%
Original Mortgage
$115,000
Outstanding Balance
$102,384
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$82,817

Purchase Details

Closed on
Aug 21, 2020
Sold by
Kearns Jo T
Bought by
Arey Mark L

Purchase Details

Closed on
Oct 17, 2003
Sold by
Thornton Dan M and Thornton Betty B
Bought by
Kearns Jo T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
7%
Mortgage Type
Unknown
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
Dilts Katlyn Marie $115,000 None Available
Arey Mark L $55,000 None Available
Kearns Jo T $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dilts Katlyn Marie $115,000
Previous Owner Kearns Jo T $68,400
Closed Kearns Jo T $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $115,000 -- $96 / 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 $1,592 $133,128 $17,000 $116,128
2024 $1,592 $133,128 $17,000 $116,128
2023 $1,592 $133,128 $17,000 $116,128
2022 $1,125 $81,672 $14,000 $67,672
2021 $1,125 $81,672 $14,000 $67,672
2020 $1,125 $81,672 $14,000 $67,672
2019 $1,125 $81,672 $14,000 $67,672
2018 $977 $71,927 $14,000 $57,927
2017 $972 $71,927 $14,000 $57,927
2016 $945 $71,927 $14,000 $57,927
2015 $951 $71,927 $14,000 $57,927
2014 $971 $74,284 $14,000 $60,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 001493

Triad MLS

APN: 013-197

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