NOT LISTED FOR SALE

501 N Salisbury St Lexington, NC 27292

Estimated Value: $79,000 - $108,000

2 Beds
1 Bath
1,800 Sq Ft
$52/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $20,000 $11 Per Sq Ft

Est. 366% increase in value since last sale

Current estimated payment $539/month

48 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding

About This Home

As of September 2020

Investors!!!!! This is a large home in the city ready to be put back together! great corner lot. zoned for mixed use, could be a great duplex. AS-IS Make an offer!

Last Agent to Sell the Property

Amy Jarvis

Hepler Realty License #302782 Listed on: 07/03/2020

Last Buyer's Agent

Kelly Leak

Realty Professionals Inc. License #189924

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $445

Year Built

  • Built in 1922

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 98 x 95
  • Property is zoned MU

Parking

  • Driveway

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 1,500-1,800 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11049000D0001
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$445

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: 98 x 95
  • Subdivision Name: None
  • Directions: south Main st right on E 5th st. left on salisbury st.
  • Above Grade Finished Sq Ft: 1700
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1922
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1800
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1700
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Remarks
  • Heating: Forced Air, Natural Gas, See Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas, Remarks
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 11049000D0001
  • Zoning: MU
  • TRIADMLS_PricePerAcre: 157894.7368
  • TRIADMLS_DeedPage: 0066
  • TRIADMLS_DeedBook: 2377
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 445.28
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Sep 21, 2020
Sold by
Leiva Walter G
Bought by
Williams Cory A
Seller's Agent
Amy Jarvis
Hepler Realty
Buyer's Agent
Kelly Leak
Realty Professionals Inc.
Sold Price
$20,000
Current Estimated Value
$93,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,275
Avg. Annual Appreciation
37.53%

Purchase Details

Listed on
Sep 7, 2019
Closed on
Oct 1, 2019
Sold by
Byerly Shoaf & Co Llc
Bought by
Leiva Walter G
Seller's Agent
Reynolds Shoaf
Byerly, Shoaf & Co.,LLC
Buyer's Agent
Reynolds Shoaf
Byerly, Shoaf & Co.,LLC
Sold Price
$15,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.52%

Purchase Details

Closed on
Jun 18, 2008
Sold by
C F Marketing Llc
Bought by
Byerly Shoaf & Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 2005
Sold by
Shoaf Properties Llc
Bought by
C F Marketing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
5.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 13, 2004
Sold by
Shoaf Properties Llc
Bought by
Shoaf Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
5.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 25, 2002

Purchase Details

Closed on
Jun 22, 2001
Bought by
Shoaf Geoffrey Reynolds
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Williams Cory A $20,000 None Available
Leiva Walter G $15,000 None Available
Byerly Shoaf & Co Llc -- Chicago Title Insurance Co
C F Marketing Llc $40,000 Chicago Title Insurance Co
Shoaf Properties Llc -- --
-- -- --
Shoaf Geoffrey Reynolds $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Byerly Shoaf & Co Llc $124,000
Previous Owner C F Marketing Llc $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $20,000 +33.3% $13 / Sq Ft
10/03/2019 10/03/19 Sold $15,000 -- $11 / Sq Ft
Source: Triad MLS

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
2024 $375 $28,830 $0 $0
2023 $378 $28,830 $0 $0
2022 $375 $28,830 $0 $0
2021 $375 $28,830 $0 $0
2020 $347 $26,900 $0 $0
2019 $445 $33,990 $0 $0
2018 $445 $33,990 $0 $0
2017 $445 $33,990 $0 $0
2016 $445 $33,990 $0 $0
2015 $428 $33,990 $0 $0
2014 $504 $40,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amy Jarvis

    Hepler Realty

    3 in this area

    18 Total Sales

    Amy Jarvis
    Section Image

  • K

    Buyer's Agent in 2020

    Kelly Leak

    Realty Professionals Inc.

    (336) 406-0585

    2 in this area

    7 Total Sales

    Kelly Leak
    Section Image
  • Reynolds Shoaf

    Seller's Agent in 2019

    Reynolds Shoaf

    Byerly, Shoaf & Co.,LLC

    (336) 248-2579

    4 in this area

    7 Total Sales

    Reynolds Shoaf
    Section Image
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Map

Source: Triad MLS

MLS Number: 984252

Triad MLS

APN: 11-049-0-00D-0001-0-0-0

North Carolina Davidson County Lexington 27292

501 N Salisbury St, Lexington, NC

This home is located at 501 N Salisbury St, Lexington, NC 27292 since 03 July 2020 and is currently estimated at $93,275, approximately $51 per square foot. This property was built in 1922. 501 N Salisbury St is a home located in Davidson County with nearby schools including South Lexington School, Lexington Middle School, and Lexington Senior High School.

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