T
Seller's Agent in 2023
Tarah Burke
EXP Realty LLC Mooresville
(480) 395-9810
3 in this area
24 Total Sales
501 E Franklin St Salisbury, NC 28144
Estimated Value: $110,000 - $172,996
2
Beds
2
Baths
1,278
Sq Ft
$117/Sq Ft
Est. Value
About This Home
As of December 2023Quaint bungalow home just minutes from Main Street, Salisbury and downtown area. Close-knit community with sidewalks easily accessible from the covered front porch. Convenient to 29, 601, and I-85 for an easy commute. Investors welcome! Amazing opportunity for income building property, with tenant already in place. Come see all the potential this home has to offer!
Last Agent to Sell the Property
EXP Realty LLC Mooresville Brokerage Email: TarahBurke419@gmail.com License #339331 Listed on: 10/24/2023
Last Buyer's Agent
EXP Realty LLC Mooresville Brokerage Email: TarahBurke419@gmail.com License #339331 Listed on: 10/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,355
Year Built
- Built in 1925
Lot Details
- 7,405
Home Design
- Bungalow
Interior Spaces
- 1,278 Sq Ft Home
- 1-Story Property
- Washer Hookup
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Additional Features
- Property is zoned 16-16
- Heat Pump System
Community Details
- Central Subdivision
Listing and Financial Details
- Assessor Parcel Number 016034
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2023
Closed on
Nov 29, 2023
Sold by
Hopson Cedron J and Hopson Jennifer M
Bought by
Investear Llc
Seller's Agent
Tarah Burke
EXP Realty LLC Mooresville
Buyer's Agent
Tarah Burke
EXP Realty LLC Mooresville
List Price
$150,000
Sold Price
$93,000
Premium/Discount to List
-$57,000
-38%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,499
Avg. Annual Appreciation
28.38%
Original Mortgage
$112,700
Interest Rate
7.63%
Mortgage Type
Construction
Purchase Details
Listed on
Oct 24, 2023
Closed on
Nov 20, 2023
Sold by
Investcar Llc
Bought by
Salisbury Homesteads Llc
Seller's Agent
Tarah Burke
EXP Realty LLC Mooresville
Buyer's Agent
Tarah Burke
EXP Realty LLC Mooresville
List Price
$150,000
Sold Price
$93,000
Premium/Discount to List
-$57,000
-38%
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,700
Interest Rate
7.63%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 26, 2021
Sold by
Cedifer Property Management Llc
Bought by
Hopson Cedron J and Hopson Jennifer M
Purchase Details
Listed on
Nov 4, 2020
Closed on
Feb 11, 2021
Sold by
Hopson Cedron J and Hopson Jennifer M
Bought by
Cedifer Property Management Llc
Seller's Agent
Jerry Davis
Century 21 Towne and Country
Buyer's Agent
Charles Snipes
DASH Carolina
List Price
$85,000
Sold Price
$240,000
Premium/Discount to List
$155,000
182.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.47%
Original Mortgage
$64,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 4, 2020
Closed on
Jan 22, 2021
Sold by
Pal Co Inc
Bought by
Hopson Cedron J and Hopson Jennifer M
Seller's Agent
Jerry Davis
Century 21 Towne and Country
Buyer's Agent
Charles Snipes
DASH Carolina
List Price
$85,000
Sold Price
$240,000
Premium/Discount to List
$155,000
182.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2018
Sold by
Whitley Cecil L and Whitley Nanette S
Bought by
Gantt Adrian Whitley
Purchase Details
Closed on
Jan 26, 2009
Sold by
Boucher Andre J and Boucher Alice M
Bought by
Pal Co Inc
Purchase Details
Closed on
May 8, 2007
Sold by
Pal & Co Inc
Bought by
Boucher Andre J and Boucher Alice M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Investear Llc | $280,000 | None Listed On Document | |
| Investear Llc | $280,000 | None Listed On Document | |
| Salisbury Homesteads Llc | $330,000 | None Listed On Document | |
| Salisbury Homesteads Llc | $330,000 | None Listed On Document | |
| Hopson Cedron J | -- | None Available | |
| Cedifer Property Management Llc | -- | None Available | |
| Hopson Cedron J | $80,000 | Fortified Title Llc | |
| Gantt Adrian Whitley | -- | None Available | |
| Pal Co Inc | -- | None Available | |
| Boucher Andre J | $40,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Salisbury Homesteads Llc | $112,700 | |
| Previous Owner | Hopson Cedron J | $64,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/04/2023 12/04/23 | Sold | $93,000 | -38.0% | $73 / Sq Ft | |
| 11/01/2023 11/01/23 | Pending | -- | -- | -- | |
| 10/24/2023 10/24/23 | For Sale | $150,000 | -37.5% | $117 / Sq Ft | |
| 01/25/2021 01/25/21 | Sold | $240,000 | -5.9% | $186 / Sq Ft | View Prior Sale |
| 12/02/2020 12/02/20 | Pending | -- | -- | -- | |
| 12/02/2020 12/02/20 | Price Changed | $255,000 | +200.0% | $198 / Sq Ft | |
| 11/04/2020 11/04/20 | For Sale | $85,000 | -- | $66 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,355 | $113,279 | $14,500 | $98,779 |
| 2024 | $1,355 | $113,279 | $14,500 | $98,779 |
| 2023 | $1,355 | $113,279 | $14,500 | $98,779 |
| 2022 | $763 | $55,406 | $11,000 | $44,406 |
| 2021 | $763 | $55,406 | $11,000 | $44,406 |
| 2020 | $763 | $55,406 | $11,000 | $44,406 |
| 2019 | $763 | $55,406 | $11,000 | $44,406 |
| 2018 | $694 | $51,084 | $11,000 | $40,084 |
| 2017 | $690 | $51,084 | $11,000 | $40,084 |
| 2016 | $671 | $51,084 | $11,000 | $40,084 |
| 2015 | $676 | $51,084 | $11,000 | $40,084 |
| 2014 | $694 | $53,122 | $11,250 | $41,872 |
Source: Public Records
Agents Affiliated with this Home
-
Tarah Burke
-
Jerry Davis
Seller's Agent in 2021
Jerry Davis
Century 21 Towne and Country
(704) 213-0826
14 in this area
43 Total Sales
-
Jayne Land
Seller Co-Listing Agent in 2021
Jayne Land
Century 21 Towne and Country
(704) 433-6621
19 in this area
48 Total Sales
-
Charles Snipes
C
Buyer's Agent in 2021
Charles Snipes
DASH Carolina
(704) 340-5087
1 in this area
27 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4081708
APN: 016-034
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