NOT LISTED FOR SALE

511 Park Ave Salisbury, NC 28144

Estimated Value: $185,000 - $266,000

4 Beds
2 Baths
2,300 Sq Ft
$97/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $32,000 $14 Per Sq Ft

Est. 599% increase in value since last sale

Current estimated payment $1,399/month

87 Days on Market

Highlights

  • Front Porch
  • Central Air
  • 2-minute walk to Cannon Park
  • Storm Windows
  • Wood Siding

About This Home

As of January 2016

HOME WILL NEED SOME REMODELING, APPEARS TO HAVE GOOD ROOF, CENTRAL A/C UNIT, SOME UPDATED PLUMBING. LARGE ROOMS WITH HARDWOOD FLOORS.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 9,845

Home Design

  • Wood Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • Crawl Space
  • Storm Windows
  • Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Front Porch
  • Possible uses of the property include Horses
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 073

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

9,845 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Other
  • Year Built: 1900
  • Inclusions: Building
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Horses
  • Appliances: Exhaust Hood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Other - See Remarks
  • Living Area: 2300
  • Window Features: Storm Window(s)

Exterior Features

  • Construction Type: Wood
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Garage Yn: No

Utilities

  • Heating: Other - See Remarks
  • Sewer: Public Sewer, Other - See Remarks
  • Cooling: Central Air
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Knox

Lot Info

  • Lot Features: Other - See Remarks
  • Lot Size Units: Acres
  • Parcel Number: 073
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Elizabeth Duncan-Koontz
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Palmore Dick
Bought by
Graham Erica L
Current Estimated Value
$223,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$91,255
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$132,371

Purchase Details

Listed on
Sep 24, 2015
Closed on
Dec 30, 2015
Sold by
511 Park Ave Land Trust
Bought by
Palmore Dick
List Price
$38,000
Sold Price
$32,000
Premium/Discount to List
-$6,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.98%
Original Mortgage
$27,000
Interest Rate
3.98%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 24, 2015
Closed on
Dec 1, 2015
Sold by
Quick Fix Real Estate Llc
Bought by
Cox Michael and 511 Park Ave Land Trust
List Price
$38,000
Sold Price
$32,000
Premium/Discount to List
-$6,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
3.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 10, 2015
Sold by
Durr Barbara L
Bought by
Quick Fix Real Estate Llc

Purchase Details

Closed on
Aug 29, 2012
Sold by
Self Help Cu
Bought by
Durr Barbara L

Purchase Details

Closed on
May 30, 2012
Sold by
Burch Raymond Lee and Burch Sonia Danyalle
Bought by
Self Help Cu

Purchase Details

Closed on
Oct 16, 2006
Sold by
Salisbury Community Development Corp
Bought by
Burch Raymond L and Burch Sonia Danyalle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 19, 2006
Sold by
City Of Salisbury
Bought by
Salisbury Community Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.36%
Mortgage Type
Unknown
Source: Public Records
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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
Graham Erica L $110,000 None Available
Graham Eric L $110,000 Nance Brad
Palmore Dick $32,000 None Available
Cox Michael -- None Available
Quick Fix Real Estate Llc $19,000 None Available
Durr Barbara L $43,000 None Available
Self Help Cu $35,615 None Available
Burch Raymond L $85,000 None Available
Salisbury Community Development Corp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Eric L $110,000
Closed Graham Eric L $110,000
Previous Owner Palmore Dick $27,000
Previous Owner Cox Michael $27,000
Previous Owner Burch Raymond L $76,500
Previous Owner Salisbury Community Development Corp $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2016 04/08/16 Off Market $32,000 -- --
01/06/2016 01/06/16 Sold $32,000 -15.8% $14 / Sq Ft
12/20/2015 12/20/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $38,000 -- $17 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,680 $224,094 $16,500 $207,594
2024 $2,680 $224,094 $16,500 $207,594
2023 $2,680 $224,094 $16,500 $207,594
2022 $1,737 $126,126 $13,200 $112,926
2021 $1,737 $126,126 $13,200 $112,926
2020 $1,737 $126,126 $13,200 $112,926
2019 $1,737 $126,126 $13,200 $112,926
2018 $1,379 $101,471 $13,200 $88,271
2017 $1,371 $101,471 $13,200 $88,271
2016 $1,334 $101,471 $13,200 $88,271
2015 $1,342 $101,471 $13,200 $88,271
2014 $1,351 $103,338 $11,550 $91,788
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R58194

Canopy MLS (Canopy Realtor® Association)

APN: 016-073

North Carolina Rowan County Salisbury 28144

511 Park Ave, Salisbury, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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