NOT LISTED FOR SALE

512 E Bank St Salisbury, NC 28144

Estimated Value: $168,000 - $209,000

3 Beds
1 Bath
1,179 Sq Ft
$158/Sq Ft Est. Value

Last Sold July 07, 2020

Last sale price $65,000 $55 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $1,134/month

About This Home

As of October 2023

Cozy three bedroom bungalow in Salisbury. Freshly painted ready to move in. Just minutes to shopping, dining, and I 85.

Please note Renters Insurance is required. Pet Fee is per pet that does not exceed 35 lbs.

Last Agent to Rent the Property

Dottie Ciarrocchi

T. R. Lawing Realty, Inc. License #267720 Listed on: 09/25/2023

Last Renter's Agent

Dottie Ciarrocchi

T. R. Lawing Realty, Inc. License #267720 Listed on: 09/25/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 10,019

Interior Spaces

  • 1,179 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Carbon Monoxide Detectors

Kitchen

  • Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Security Deposit $1,200
  • Property Available on 9/25/23
  • Tenant pays for all utilities

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Available Date: 2023-09-25
  • Pet Deposit: 300
  • Security Deposit: 1200

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Unit Levels: One
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.02
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Other - See Remarks
  • Main Level Sq Ft: 1179
  • Sq Ft Unheated Total: 0
  • Appliances: Electric Range, Microwave, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 1179
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other - See Remarks
  • Living Area: 1179
  • Bedroom Main: 3

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Security: Carbon Monoxide Detector(s)
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2022
Sold by
Wealth Cap Holdings Llc
Bought by
Malhotra Megha
Current Estimated Value
$186,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Outstanding Balance
$110,434
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$76,000

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 25, 2020
Sold by
Wealth Cap Funds Llc
Bought by
Wealth Cap Holdings Llc
Seller's Agent
Susanna Hollingsworth
Keller Williams Premier
Buyer's Agent
Non Member
Canopy Administration
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.91%
Original Mortgage
$75,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 25, 2020
Closed on
Jul 7, 2020
Sold by
Reeder Sara Z and Reeder Michael A
Bought by
Wealth Cap Funds Llc
Seller's Agent
Susanna Hollingsworth
Keller Williams Premier
Buyer's Agent
Non Member
Canopy Administration
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2012
Sold by
Reeder Sara M and Reeder Michael A
Bought by
Reeder Sara M and Zeth Samuel M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malhotra Megha $149,900 None Available
Wealth Cap Holdings Llc $75,000 None Available
Wealth Cap Funds Llc $65,000 None Available
Reeder Sara M -- None Available
Zeth Samuel M -- None Available
Zeth Samuel $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malhotra Megha $119,920
Previous Owner Wealth Cap Holdings Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Rented $1,200 0.0% --
09/25/2023 09/25/23 For Rent $1,200 0.0% --
07/07/2020 07/07/20 Sold $65,000 0.0% $55 / Sq Ft View Prior Sale
06/30/2020 06/30/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $65,000 -- $55 / 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 $2,030 $169,754 $15,950 $153,804
2024 $2,030 $169,754 $15,950 $153,804
2023 $2,030 $169,754 $15,950 $153,804
2022 $613 $44,539 $12,100 $32,439
2021 $613 $44,539 $12,100 $32,439
2020 $613 $44,539 $12,100 $32,439
2019 $613 $44,539 $12,100 $32,439
2018 $572 $42,122 $12,100 $30,022
2017 $569 $42,122 $12,100 $30,022
2016 $554 $42,122 $12,100 $30,022
2015 $557 $42,122 $12,100 $30,022
2014 $549 $42,011 $10,450 $31,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4072706

Canopy MLS (Canopy Realtor® Association)

APN: 019-134