NOT LISTED FOR SALE

503 E Franklin St Salisbury, NC 28144

Estimated Value: $87,000 - $159,730

1 Bed
1 Bath
944 Sq Ft
$147/Sq Ft Est. Value

Last Sold March 05, 2020

Last sale price $43,000 $46 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $853/month

111 Days on Market

Highlights

  • Cottage
  • 1-Story Property
  • Carpet
  • Shed
  • Level Lot

About This Home

As of March 2020

ATTENTION INVESTORS - Spacious home with 1 bedroom, 1 bath, dining room could be 2nd bedroom. Carport off back of home. Several outside storage buildings. Large bow window in living room. Needs some TLC. Great rental history. Home has lots of character. Convenient location. Seller says sell. MAKE OFFER!!

Last Agent to Sell the Property

Barbara Lomax

Wallace Realty License #198935 Listed on: 10/16/2019

Last Buyer's Agent

Burley Bardney

Bardney Realty LLC License #194518

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 6,970

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Carpet
  • Crawl Space
  • Oven

Additional Features

  • Shed
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 016 035

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.86172
  • Ratio Close Price By Original Li: 0.69132
  • Ratio Current Price By Acre: 268750.00
  • Ratio Current Price By Sq Ft: 45.55
  • Year Built: 1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Equipment: Cooktop Gas, Oven, Refrigerator, Wall Oven
  • Flooring: Carpet
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 944
  • Total Sq Ft: 944
  • Sq Ft Unheated Main: 211
  • Sq Ft Unheated Total: 211

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car, Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 50x145
  • Lot Features: Level, Paved Frontage
  • Parcel Number: 016 035
  • Zoning Specification: UR12

Tax Info

  • Tax Value: 60505.00
  • Tax Location: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Mar 2, 2020
Sold by
Kc And Sons Llc
Bought by
Martinez Arnold and Martinez Wendy N
Seller's Agent
Barbara Lomax
Wallace Realty
Buyer's Agent
Burley Bardney
Bardney Realty LLC
List Price
$49,900
Sold Price
$43,000
Premium/Discount to List
-$6,900
-13.83%
Current Estimated Value
$138,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,683
Avg. Annual Appreciation
23.03%

Purchase Details

Listed on
Dec 13, 2017
Closed on
May 1, 2018
Sold by
Corriher Ann Williams and Corriher Anne Williams
Bought by
Kd And Sons Llc
Seller's Agent
Donna Sintay
Keller Williams Unified
Buyer's Agent
Ryan MacLamroc
AL MAC REALTY LLC
List Price
$56,000
Sold Price
$35,000
Premium/Discount to List
-$21,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.77%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martinez Arnold $43,000 None Available
Kd And Sons Llc $35,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2020 03/05/20 Sold $43,000 -13.8% $46 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
02/02/2020 02/02/20 For Sale $49,900 0.0% $53 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
11/25/2019 11/25/19 Price Changed $49,900 -10.5% $53 / Sq Ft
11/08/2019 11/08/19 Price Changed $55,770 0.0% $59 / Sq Ft
11/08/2019 11/08/19 For Sale $55,770 +29.7% $59 / Sq Ft
11/05/2019 11/05/19 Off Market $43,000 -- --
10/29/2019 10/29/19 Price Changed $57,200 -8.0% $61 / Sq Ft
10/16/2019 10/16/19 For Sale $62,200 +77.7% $66 / Sq Ft
05/01/2018 05/01/18 Sold $35,000 -37.5% $37 / Sq Ft View Prior Sale
04/16/2018 04/16/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $56,000 -- $59 / 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 $1,470 $122,897 $14,500 $108,397
2024 $1,470 $122,897 $14,500 $108,397
2023 $1,470 $122,897 $14,500 $108,397
2022 $833 $60,505 $11,000 $49,505
2021 $833 $60,505 $11,000 $49,505
2020 $833 $60,505 $11,000 $49,505
2019 $833 $60,505 $11,000 $49,505
2018 $387 $56,917 $11,000 $45,917
2017 $385 $56,917 $11,000 $45,917
2016 $374 $56,917 $11,000 $45,917
2015 $376 $56,917 $11,000 $45,917
2014 $387 $59,267 $11,250 $48,017
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3560067

Canopy MLS (Canopy Realtor® Association)

APN: 016-035