NOT LISTED FOR SALE

500 Mahaley Ave Salisbury, NC 28144

4 Beds
2 Baths
2,618 Sq Ft
0.31 Acres

Last Sold March 16, 2020

Last sale price $160,000 $61 Per Sq Ft

88 Days on Market

Highlights

  • Ranch Style House
  • Lawn
  • High Speed Internet
  • Wood Flooring

About This Home

As of March 2020

LOCATION LOCATION! Great investment opportunity located near public park, hospital, schools shopping and dining. Roof less than 4 years old. Hardwood floors. All appliances convey including stackable washers and dryers. Gas Ranges. Large rear deck common to both units. Both units have long term established tenants on month to month lease. $700/month and $650/month rents. The $650 tenant does the lawn maintenance. Tenants pay their on utilities.

Last Agent to Sell the Property

John Walser

Home Realty and Mortgage LLC License #274087 Listed on: 11/08/2019

Co-Listed By

Terlin Johnson

Home Realty and Mortgage LLC License #201287

Last Buyer's Agent

Tom Fisher

Corcoran HM Properties License #281148

Corcoran HM Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 94x148x88x150
  • Lawn

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction

Flooring

  • Wood
  • Tile

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 002 04601

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.91481
  • Ratio Close Price By Original Li: 0.91481
  • Ratio Current Price By Acre: 516129.03
  • Ratio Current Price By Sq Ft: 61.12
  • Year Built: 1948
  • Property Features: Dishwasher, Range/Oven, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Dryer, Dishwasher, Gas Range, Refrigerator, Washer, Gas Oven
  • Flooring: Tile, Wood
  • Laundry Location: Main
  • Total Sq Ft: 2618

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Wired Internet Available

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Lot

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric, Gas

Lot Info

  • Lot Dimension: 94x148x88x150
  • Lot Features: Sloping
  • Parcel Number: 002 04601
  • Zoning Specification: Res

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 154282.00
  • Tax Location: Rowan

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2020 03/16/20 Sold $160,000 -8.5% $61 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
12/10/2019 12/10/19 For Sale $174,900 +9.3% $67 / Sq Ft
11/20/2019 11/20/19 Off Market $160,000 -- --
11/08/2019 11/08/19 For Sale $174,900 -- $67 / 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 $1,609 $134,494 $36,360 $98,134
2024 $1,609 $134,494 $36,360 $98,134
2023 $1,609 $134,494 $36,360 $98,134
2022 $1,590 $115,468 $31,815 $83,653
2021 $1,590 $115,468 $31,815 $83,653
2020 $1,590 $115,468 $31,815 $83,653
2019 $1,590 $115,468 $31,815 $83,653
2018 $1,451 $106,806 $31,815 $74,991
2017 $1,444 $106,806 $31,815 $74,991
2016 $1,404 $106,806 $31,815 $74,991
2015 $1,413 $106,806 $31,815 $74,991
2014 $1,218 $93,210 $31,815 $61,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3567474

Canopy MLS (Canopy Realtor® Association)

APN: 002 04601