NOT LISTED FOR SALE

506 Andrews St Salisbury, NC 28144

Estimated Value: $188,841 - $212,000

2 Beds
2 Baths
1,330 Sq Ft
$153/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $39,900 $30 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $1,179/month

91 Days on Market

Highlights

  • Screened Porch
  • Patio
  • Baseboard Heating
  • Elevator
  • Four Sided Brick Exterior Elevation
  • 2 Car Garage

About This Home

As of October 2013

Close to I-85. Great investment. Screened porch. Some wood floors, under carpet, per seller. Large double attached garage. Additional block storage building. Rear of property in East Spencer city limits. Third room used as bedroom/access is through bedroom 2.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1949

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 150x200
  • Property fronts an interstate
  • Possible uses of the property include Recreational

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,330 Sq Ft Home
  • Screened Porch
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Dole Elementary School
  • North Rowan Middle School
  • North Rowan High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 076

Home Details

Home Type

Single Family

Est. Annual Taxes

$852

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1949
  • Inclusions: Business
  • Restrictions: No Restrictions
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Attic Stairs Pulldown
  • Sq Ft Unheated Basement: 0
  • Possible Use: Recreational
  • Appliances: Microwave, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1330
  • Room Count: 5

Exterior Features

  • Roof: Composition
  • Road Frontage: 150
  • Construction Type: Aluminum, Brick Full
  • Patio And Porch Features: Patio, Screened

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Public Sewer, None
  • Green Building Features: Elevator
  • Cooling: Window Unit(s)
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Rowan

Lot Info

  • Lot Features: Flood Plain/Bottom Land
  • Lot Size Area: 0.65
  • Lot Size Units: Acres
  • Parcel Number: 076
  • Lot Size Acres: 0.65
  • Lot Size: 150x200
  • Lot Size Sq Ft: 28314
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Dole
  • High School: North Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2011
Closed on
Sep 6, 2013
Sold by
Coates Terry R and Coates Joan K
Bought by
Alexander Andrae and Alexander Joyce J
List Price
$50,000
Sold Price
$39,900
Premium/Discount to List
-$10,100
-20.2%
Current Estimated Value
$203,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,810
Avg. Annual Appreciation
13.70%
Original Mortgage
$31,001
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
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
Alexander Andrae $39,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Alexander Andrae $31,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2014 01/12/14 Off Market $39,900 -- --
10/11/2013 10/11/13 Sold $39,900 -20.2% $30 / Sq Ft
07/10/2011 07/10/11 Pending -- -- --
04/10/2011 04/10/11 For Sale $50,000 -- $38 / 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 $852 $127,645 $9,800 $117,845
2024 $852 $127,645 $9,800 $117,845
2023 $852 $127,645 $9,800 $117,845
2022 $487 $65,338 $9,800 $55,538
2021 $482 $65,338 $9,800 $55,538
2020 $482 $65,338 $9,800 $55,538
2019 $482 $65,338 $9,800 $55,538
2018 $397 $54,322 $9,800 $44,522
2017 $397 $54,322 $9,800 $44,522
2016 $397 $54,322 $9,800 $44,522
2015 $403 $54,322 $9,800 $44,522
2014 $404 $56,076 $9,800 $46,276
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R52152

Canopy MLS (Canopy Realtor® Association)

APN: 0290760000002