NOT LISTED FOR SALE

506 Carolina Blvd Salisbury, NC 28146

Estimated Value: $173,000 - $223,000

2 Beds
1.5 Baths
1,082 Sq Ft
$185/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $135,000 $125 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,217/month

Highlights

  • 0.69 Acre Lot
  • Ranch Style House
  • Covered Patio or Porch
  • Wooded Lot
  • No HOA
  • Laundry Room

About This Home

As of December 2022

Adorable 2 bedroom 1.5 bathroom home on a large lot. This home features a large eat in kitchen with updated cabinets & counter tops, refrigerator included. Drop zone are and washer dryer hook up. Lovely living room with fireplace. Nice size primary bedroom with 1/2 bath attached. Nice size secondary bedroom & updated hall bathroom. The home sits on a huge lot and has a storage shed. The home is only minutes away from shopping, dining and entertainment. Only 5 minutes away from I-85 make this one home you don't want to miss. One small dog under 50lbs allowed, breed restrictions do apply.

Last Agent to Rent the Property

Jennifer Mech

Keller Williams Lake Norman License #282447 Listed on: 10/29/2022

Keller Williams Lake Norman

Last Renter's Agent

Jennifer Mech

Keller Williams Lake Norman License #282447 Listed on: 10/29/2022

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,512

Year Built

  • Built in 1948

Lot Details

  • 0.69 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 1,082 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Crawl Space
  • Electric Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Granite Quarry Elementary School
  • C.C. Erwin Middle School
  • East Rowan High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Morlan Park Subdivision

Listing and Financial Details

  • Security Deposit $1,200
  • Property Available on 12/2/22
  • Tenant pays for all utilities, cable TV, electricity, exterior maintenance, interior common lights, outdoor lighting, water
  • Assessor Parcel Number 069076

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,512

Year Built

Built in 1948

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Exterior Maintenance, Interior Common Lights, Outdoor Lighting, Water
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Available Date: 2022-12-02
  • Pet Deposit: 300
  • Security Deposit: 1200

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1948
  • Road Surface Type: Gravel
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Entry Level: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1082
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Water Heater
  • Above Grade Finished Sq Ft: 1082
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Living Area: 1082
  • Window Features: Window Treatments
  • Bedroom Main: 2
  • Room Count: 7
  • Sq Ft Other: 0

Exterior Features

  • Roof: Shingle
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s)
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: C.C. Erwin
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 0.69
  • Lot Size Units: Acres
  • Parcel Number: 069076
  • Lot Size Acres: 0.69
  • Lot Size Sq Ft: 30056
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Granite Quarry
  • High School: East Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 10, 2022
Sold by
Inflection Point Ventures Revocable Trus
Bought by
Fuoco Scott Christopher and Fuoco Michelle Ann
Seller's Agent
Holly Kimsey Evans
EXP Realty LLC Ballantyne
Buyer's Agent
Jennifer Mech
Keller Williams Lake Norman
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$200,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,621
Avg. Annual Appreciation
11.48%

Purchase Details

Closed on
Jun 19, 2019
Sold by
Steadfast Capital Management Llc
Bought by
Njendu Charles Kamau and Njendu Aini Nur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,319
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2014
Closed on
Dec 19, 2014
Sold by
Hofmann Bernd H and Hofmann Mary K
Bought by
Steadfast Capital Management Llc
List Price
$69,500
Sold Price
$42,000
Premium/Discount to List
-$27,500
-39.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%
Original Mortgage
$33,600
Interest Rate
4.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 8, 2009
Sold by
Butler Robert L
Bought by
Hofmann Bernd H and Hofmann Mary K
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
Fuoco Scott Christopher $135,000 Matheson Law Firm Pa
Njendu Charles Kamau $80,500 None Available
Steadfast Capital Management Llc $42,000 None Available
Hofmann Bernd H $47,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Njendu Charles Kamau $64,319
Previous Owner Steadfast Capital Management Llc $1,875,147
Previous Owner Steadfast Capital Management Llc $33,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Rented $1,200 0.0% --
10/29/2022 10/29/22 For Rent $1,200 0.0% --
02/10/2022 02/10/22 Sold $135,000 -3.6% $125 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $140,000 0.0% $129 / Sq Ft
11/12/2021 11/12/21 Rented $950 0.0% --
10/15/2021 10/15/21 For Rent $950 0.0% --
05/10/2021 05/10/21 Rented $950 0.0% --
03/15/2021 03/15/21 For Rent $950 0.0% --
03/19/2015 03/19/15 Off Market $42,000 -- --
12/19/2014 12/19/14 Sold $42,000 -39.6% $40 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $69,500 -- $67 / 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 $1,512 $126,410 $33,413 $92,997
2024 $1,512 $126,410 $33,413 $92,997
2023 $1,512 $126,410 $33,413 $92,997
2022 $851 $61,785 $23,389 $38,396
2021 $851 $61,785 $23,389 $38,396
2020 $851 $61,785 $23,389 $38,396
2019 $851 $61,785 $23,389 $38,396
2018 $769 $56,611 $23,413 $33,198
2017 $765 $56,611 $23,413 $33,198
2016 $744 $56,611 $23,413 $33,198
2015 $749 $56,611 $23,413 $33,198
2014 $731 $55,965 $21,285 $34,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3917419

Canopy MLS (Canopy Realtor® Association)

APN: 069-076