NOT LISTED FOR SALE

514 S Main St Salisbury, NC 28144

Estimated Value: $235,000 - $292,000

3 Beds
2 Baths
1,174 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $112,500 $96 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,538/month

21 Days on Market

Highlights

  • Front Porch
  • Forced Air Heating and Cooling System
  • Lot Has A Rolling Slope
  • Home Security System
  • 1 Car Garage

About This Home

As of June 2016

Very cute home, and well maintained. Close to shopping. Kitchen has lots of cabinets. All appliances are remaining, including stack washer/dryer unit. Home has a freshly painted attached 1 car garage which is accessed by Hill Street. A great little package!

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.3 Acre Lot
  • Property fronts an interstate
  • Lot Has A Rolling Slope
  • Possible uses of the property include Gardening

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,174 Sq Ft Home
  • Crawl Space
  • Home Security System

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Front Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 047

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Other
  • Year Built: 2001
  • Inclusions: Building
  • Road Frontage Type: Interstate
  • 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: Gardening
  • Appliances: Dishwasher, Exhaust Hood, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1174

Exterior Features

  • Roof: Composition
  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Public Sewer, None
  • Security: Security System
  • Cooling: Central Air
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: C.C. Erwin

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Units: Acres
  • Parcel Number: 047
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jun 23, 2016
Sold by
Morehead Jonathan Cooper and Morehead Krystle C
Bought by
Hightower Brian R and Hightower Addison H
List Price
$11,490
Sold Price
$112,500
Premium/Discount to List
$101,010
879.11%
Current Estimated Value
$263,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,237
Avg. Annual Appreciation
9.30%
Original Mortgage
$100,000
Outstanding Balance
$44,748
Interest Rate
3.57%
Mortgage Type
Farmers Home Administration
Estimated Equity
$218,989

Purchase Details

Closed on
Mar 29, 2012
Sold by
Misenheimer Tracy Lynn
Bought by
Morehead Jonathan Cooper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
4.75%
Mortgage Type
Assumption

Purchase Details

Closed on
Jul 31, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Misenheimer Tracy

Purchase Details

Closed on
Mar 3, 2008
Sold by
Walker Daniel L and Walker Nicole K
Bought by
Deutsche Bank National Trust Co and Hsi Asset Securitization Corp Trust 2007

Purchase Details

Closed on
Sep 29, 2006
Sold by
Medley Terry W and Medley Susan W
Bought by
Walker Daniel L and Walker Nicole K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
10.39%
Mortgage Type
Commercial
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
Hightower Brian R $112,500 None Available
Morehead Jonathan Cooper $107,000 None Available
Misenheimer Tracy $82,000 None Available
Deutsche Bank National Trust Co $103,508 None Available
Walker Daniel L $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hightower Brian R $100,000
Previous Owner Morehead Jonathan Cooper $107,000
Previous Owner Walker Daniel L $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2016 09/26/16 Off Market $112,500 -- --
06/27/2016 06/27/16 Sold $112,500 +879.1% $96 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $11,490 -- $10 / 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 $1,667 $163,412 $31,350 $132,062
2024 $1,667 $163,412 $31,350 $132,062
2023 $1,667 $163,412 $31,350 $132,062
2022 $1,233 $111,540 $24,750 $86,790
2021 $1,199 $111,540 $24,750 $86,790
2020 $1,199 $111,540 $24,750 $86,790
2019 $1,199 $111,540 $24,750 $86,790
2018 $1,027 $96,584 $24,750 $71,834
2017 $1,027 $96,584 $24,750 $71,834
2016 $1,027 $96,584 $24,750 $71,834
2015 $1,046 $96,584 $24,750 $71,834
2014 $1,063 $99,312 $24,750 $74,562
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R58663

Canopy MLS (Canopy Realtor® Association)

APN: 352-047