NOT LISTED FOR SALE

425 E Bank St Salisbury, NC 28144

Estimated Value: $172,000 - $254,000

3 Beds
3 Baths
2,100 Sq Ft
$98/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $59,000 $28 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $1,220/month

104 Days on Market

Highlights

  • Living Room with Fireplace
  • Patio
  • Asbestos
  • Front Porch
  • Forced Air Heating and Cooling System
  • 4-minute walk to Lincoln Park

About This Home

As of May 2016

New Roof! Huge kitchen with large center island leads to glass enclosed side porch overlooking deck. A very private yard features goldfish pond, patio, natural areas and a roofed section off the deck. Master suite on main level with large 6x9 walk thru closet/dressing area and its own full bath. Formal dining room, 3 full bathrooms. This home is centrally located in the Brooklyn South Square Historic District is close to all amenities. While it went through an extensive renovation 20 years ago, it's time to spruce it back up with a little TLC and mostly paint! Very walkable to Downtown entertainment area as well as our emerging Art District. Taxes approx 940 per

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 69.5x200
  • Property fronts an interstate
  • Level Lot
  • Possible uses of the property include Residential

Home Design

  • Composition Roof
  • Metal Roof
  • Asbestos

Interior Spaces

  • 2,100 Sq Ft Home
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Elizabeth Duncan-Koontz Elementary School
  • Knox Middle School
  • Salisbury High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Historic Salisbury Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Inclusions: Building
  • Restrictions: Other - See Remarks
  • Road Frontage Type: County Road, Interstate 1 mile or Less, Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Residential
  • Appliances: Dishwasher, Exhaust Hood, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 2100

Exterior Features

  • Roof: Composition, Metal
  • Road Frontage: 69
  • Construction Type: Asbestos, Other - See Remarks
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Garage Yn: No

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer, Other - See Remarks
  • Cooling: Central Air
  • Water Source: Public, None

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Knox

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 059
  • Lot Size Acres: 0.31
  • Lot Size: 69.5x200
  • Lot Size Sq Ft: 13503
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Elizabeth Duncan-Koontz
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2016
Closed on
May 16, 2016
Sold by
Hammond Robert Gregory
Bought by
Brogan Lily K
List Price
$89,000
Sold Price
$59,000
Premium/Discount to List
-$30,000
-33.71%
Current Estimated Value
$205,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,454
Avg. Annual Appreciation
13.73%

Purchase Details

Closed on
Sep 12, 2002
Bought by
Hammond Robert Gregory
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brogan Lily K $59,000 None Available
Hammond Robert Gregory $80,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Off Market $59,000 -- --
05/16/2016 05/16/16 Sold $59,000 -33.7% $28 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $89,000 -- $42 / 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 $1,866 $155,988 $22,011 $133,977
2024 $1,866 $155,988 $22,011 $133,977
2023 $1,866 $155,988 $22,011 $133,977
2022 $1,132 $82,216 $16,698 $65,518
2021 $1,132 $82,216 $16,698 $65,518
2020 $1,132 $82,216 $16,698 $65,518
2019 $1,132 $82,216 $16,698 $65,518
2018 $1,052 $77,436 $16,698 $60,738
2017 $1,047 $77,436 $16,698 $60,738
2016 $1,018 $77,436 $16,698 $60,738
2015 $1,024 $77,436 $16,698 $60,738
2014 $1,016 $77,733 $14,421 $63,312
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R58424

Canopy MLS (Canopy Realtor® Association)

APN: 019-059