NOT LISTED FOR SALE

501 Mitchell Ave Salisbury, NC 28144

Estimated Value: $327,000 - $372,000

3 Beds
2.5 Baths
2,029 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $280,000 $138 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,189/month

1 Day on Market

Highlights

  • Spa
  • Wood Flooring
  • Fire Pit
  • Colonial Architecture
  • Separate Outdoor Workshop
  • Level Lot

About This Home

As of July 2021

This beautiful home with character, charm and updates provides the perfect blend of indoor and outdoor spaces. A wonderful place to entertain with an outdoor deck, fire pit area, covered patio and green spaces. With 3 bedrooms, 2 1/2 baths, inviting foyer, large formal dining room and family room, updated kitchen with breakfast area, coupled with built in seating, large mudroom, custom built ins and a garage with a workshop area, this home is a MUST SEE home. Per previous owner, Roof and HVAC replaced in 2008. Home has replacement windows and insulation under the home, making the home more energy efficient. Come and see today!!
The hot tub has not been used and the hot tub will be sold as is.

Last Agent to Sell the Property

Vanessa Miles

Allen Tate Concord License #298718 Listed on: 06/18/2021

Allen Tate Concord

Last Buyer's Agent

Pamala Guthmiller

Puma & Associates Realty, Inc. License #281193

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.3

Parking

  • Workshop in Garage

Home Design

  • Colonial Architecture

Flooring

  • Wood
  • Tile

Outdoor Features

  • Spa
  • Fire Pit
  • Separate Outdoor Workshop

Additional Features

  • Oven
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 013393

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Colonial
  • Ratio Close Price By List Price: 1.02377
  • Ratio Close Price By Original Li: 1.02377
  • Ratio Current Price By Acre: 933333.33
  • Ratio Current Price By Sq Ft: 138.00
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1005
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Microwave, Oven, Refrigerator
  • Fireplace Description: Living Room, Primary Bedroom
  • Flooring: Tile, Wood
  • Interior Amenities: Built-Ins, Garage Shop, Hot Tub
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 745
  • Main Level Sq Ft: 1024
  • Total Sq Ft: 2029
  • Sq Ft Unheated Main: 160
  • Sq Ft Unheated Total: 160

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, Hot Tub, Rooftop Terrace, Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Garage - 1 Car

Utilities

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

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.300
  • Parcel Number: 013393
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 187806.00
  • Tax Location: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 21, 2021
Sold by
Denton Kaleb James and Kluttz Loren Mcjkaylan
Bought by
Tretow Kyle and Toth Samantha
Seller's Agent
Vanessa Miles
Allen Tate Concord
Buyer's Agent
Pamala Guthmiller
Puma & Associates Realty, Inc.
List Price
$273,500
Sold Price
$280,000
Premium/Discount to List
$6,500
2.38%
Current Estimated Value
$348,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,649
Avg. Annual Appreciation
5.25%
Original Mortgage
$266,000
Outstanding Balance
$244,667
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$100,144

Purchase Details

Closed on
Oct 30, 2019
Sold by
Alexander Michael Clay
Bought by
Denton Kaleb James and Kluttz Loren Mckayla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2015
Closed on
Dec 11, 2015
Sold by
Haynie Charles J and Haynie Amy L
Bought by
Alexander Michael Clay
List Price
$200,000
Sold Price
$192,000
Premium/Discount to List
-$8,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$148,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2012
Closed on
Jul 16, 2013
Sold by
Smith George Benjamin and Smith Sabrina Turner
Bought by
Haynie Charles J and Haynie Amy L
List Price
$194,500
Sold Price
$178,000
Premium/Discount to List
-$16,500
-8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$174,775
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2009
Sold by
Julian Jeffrey R and Julian Dawn S
Bought by
Smith George Benjamin and Smith Sabrina Turner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2008
Sold by
Us Bank Na
Bought by
Julian Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 2007
Sold by
Smith Sharon H
Bought by
U S Bank Na and Wachovia Bank Na

Purchase Details

Closed on
Jul 20, 2005
Sold by
Smith Michael Keven
Bought by
Smith Sharon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
9.86%
Mortgage Type
Fannie Mae Freddie Mac
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
Tretow Kyle $280,000 Fortified Title Llc
Denton Kaleb James $228,000 None Available
Alexander Michael Clay $192,000 None Available
Haynie Charles J $178,000 None Available
Smith George Benjamin $175,000 None Available
Julian Jeffrey $68,000 None Available
U S Bank Na $106,250 None Available
Smith Sharon H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tretow Kyle $266,000
Previous Owner Denton Kaleb James $228,000
Previous Owner Alexander Michael Clay $148,000
Previous Owner Haynie Charles J $174,775
Previous Owner Smith George Benjamin $171,830
Previous Owner Julian Jeffrey $54,000
Previous Owner Smith Sharon H $112,500
Previous Owner Smith Sharon H $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $280,000 +2.4% $138 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $273,500 +42.4% $135 / Sq Ft
03/15/2016 03/15/16 Off Market $192,000 -- --
12/15/2015 12/15/15 Sold $192,000 -4.0% $89 / Sq Ft
11/03/2015 11/03/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $200,000 +12.4% $93 / Sq Ft
10/16/2013 10/16/13 Off Market $178,000 -- --
07/17/2013 07/17/13 Sold $178,000 -8.5% $82 / Sq Ft
06/29/2013 06/29/13 Pending -- -- --
06/04/2012 06/04/12 For Sale $194,500 -- $90 / 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 $3,354 $280,430 $26,775 $253,655
2024 $3,354 $280,430 $26,775 $253,655
2023 $3,354 $280,430 $26,775 $253,655
2022 $2,586 $187,806 $22,050 $165,756
2021 $2,586 $187,806 $22,050 $165,756
2020 $2,586 $187,806 $22,050 $165,756
2019 $2,586 $187,806 $22,050 $165,756
2018 $2,160 $158,976 $22,050 $136,926
2017 $1,998 $147,801 $22,050 $125,751
2016 $1,943 $147,801 $22,050 $125,751
2015 $1,929 $145,835 $22,050 $123,785
2014 $1,798 $137,570 $22,050 $115,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3753071

Canopy MLS (Canopy Realtor® Association)

APN: 013-393