NOT LISTED FOR SALE

502 Mitchell Ave Salisbury, NC 28144

Estimated Value: $258,000 - $272,398

2 Beds
1.5 Baths
1,578 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 02, 2024

Last sale price $260,000 $165 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,627/month

14 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Patio
  • Workshop
  • Front Porch
  • Laundry Room

About This Home

As of December 2024

Nestled on a deep .20-acre lot, this 2-bedroom,1.5-bathroom home offers an inviting blend of classic character & comfort. You’ll be greeted by beautifully preserved wood floors that flow throughout the main floor. The cozy sunroom invites natural light to pour in, creating a perfect spot for coffee. The built-ins in both the breakfast room & dining room showcase the home's unique craftsmanship and provide ample storage for all your essentials. Retreat to the 2nd floor, primary bedroom, with an attached room that can easily serve as a dressing area, home office, or reading nook. The second bedroom is equally charming. The basement offers an additional 700+ sq ft of non-HLA with access to a patio, providing endless possibilities for customization—think home gym, art studio or workshop! Located in the highly sought-after Fulton Heights neighborhood, you’ll be just moments away from an array of restaurants, shops, and local amenities. This is a home steeped in history and charm!

Last Agent to Sell the Property

Jen Huskey

Coldwell Banker Realty Brokerage Email: jen.huskey@cbcarolinas.com License #314205 Listed on: 10/01/2024

Coldwell Banker Realty

Last Buyer's Agent

Susanna Hollingsworth

Keller Williams Premier License #298288

Keller Williams Premier

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • Fenced Front Yard
  • Wood Fence
  • Property is zoned HR

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • French Doors
  • Sliding Doors
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Gas Water Heater

Community Details

  • Fulton Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 013349

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1935
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 164.77
  • Geocode Confidence: High
  • Attribution Contact: jen.huskey@cbcarolinas.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 884
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 884
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 884
  • Sq Ft Upper: 694
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Above Grade Finished Sq Ft: 1578
  • Has Basement: Basement Shop, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors, Sliding Doors
  • Living Area: 1578
  • Bedroom Main: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Front Yard, Wood
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Knox
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 013349
  • ResoLotSizeUnits: Acres
  • Zoning Specification: HR

MLS Schools

  • Elementary School: Elizabeth Koontz
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Nov 26, 2024
Sold by
502 Mitchell Avenue Llc
Bought by
Hill Elaine C
Seller's Agent
Jen Huskey
Coldwell Banker Realty
Buyer's Agent
Susanna Hollingsworth
Keller Williams Premier
List Price
$260,000
Sold Price
$260,000
Views
44
Current Estimated Value
$264,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,100
Avg. Annual Appreciation
1.47%
Original Mortgage
$221,000
Outstanding Balance
$219,141
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$44,959

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jan 22, 2021
Sold by
Alexander Persse Lauren and Alexander Persse Wendy
Bought by
502 Mitchell Avenue Llc
Seller's Agent
Greg Rapp
Salisbury Real Estate LLC
Buyer's Agent
Jen Huskey
Coldwell Banker Realty
List Price
$164,900
Sold Price
$170,000
Premium/Discount to List
$5,100
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jan 13, 2021
Sold by
Alexander Persse Lauren and Alexander Persse Wendy
Bought by
Mcgee Stephanie
Seller's Agent
Greg Rapp
Salisbury Real Estate LLC
Buyer's Agent
Jen Huskey
Coldwell Banker Realty
List Price
$164,900
Sold Price
$170,000
Premium/Discount to List
$5,100
3.09%

Purchase Details

Listed on
Sep 26, 2018
Closed on
Nov 14, 2018
Sold by
Holmes Stephenson Iii Lucius and Meados Stephenson Carolyn
Bought by
Alexander Laruen Frances
Seller's Agent
Jayne Land
Century 21 Towne and Country
Buyer's Agent
Greg Rapp
Salisbury Real Estate LLC
List Price
$134,900
Sold Price
$129,000
Premium/Discount to List
-$5,900
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%
Original Mortgage
$119,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1984
Bought by
Stephenson Lucius Holmes
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Hill Elaine C $260,000 None Listed On Document
Hill Elaine C $260,000 None Listed On Document
502 Mitchell Avenue Llc $170,000 Morehead Title
Mcgee Stephanie -- None Available
Kirk Ellen -- None Available
Alexander Persse Lauren -- None Available
Alexander Laruen Frances $129,000 None Available
Stephenson Lucius Holmes $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Elaine C $221,000
Closed Hill Elaine C $221,000
Previous Owner Alexander Laruen Frances $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2024 12/02/24 Sold $260,000 0.0% $165 / Sq Ft
10/01/2024 10/01/24 For Sale $260,000 +52.9% $165 / Sq Ft
01/22/2021 01/22/21 Sold $170,000 +3.1% $89 / Sq Ft View Prior Sale
12/04/2020 12/04/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $164,900 0.0% $87 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/09/2020 11/09/20 Price Changed $164,900 +0.5% $87 / Sq Ft
11/09/2020 11/09/20 For Sale $164,000 +27.1% $86 / Sq Ft
11/14/2018 11/14/18 Sold $129,000 -4.4% $86 / Sq Ft View Prior Sale
10/05/2018 10/05/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $134,900 -- $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 $2,979 $249,056 $18,207 $230,849
2024 $1,969 $164,654 $18,207 $146,447
2023 $1,969 $164,654 $18,207 $146,447
2022 $1,443 $104,807 $14,994 $89,813
2021 $1,443 $104,807 $14,994 $89,813
2020 $1,443 $104,807 $14,994 $89,813
2019 $1,443 $104,807 $14,994 $89,813
2018 $1,193 $87,793 $14,994 $72,799
2017 $1,187 $87,793 $14,994 $72,799
2016 $1,134 $86,253 $14,994 $71,259
2015 $1,141 $86,253 $14,994 $71,259
2014 $1,163 $88,973 $14,994 $73,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4185367

Canopy MLS (Canopy Realtor® Association)

APN: 013-349