NOT LISTED FOR SALE

516 Park Ave Salisbury, NC 28144

Estimated Value: $193,000 - $235,000

3 Beds
2.5 Baths
1,872 Sq Ft
$115/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $175,000 $93 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,285/month

99 Days on Market

Highlights

  • Farmhouse Style Home
  • Walk-In Pantry
  • Tile Flooring
  • Covered Patio or Porch
  • Laundry Room
  • 2-minute walk to Cannon Park

About This Home

As of March 2022

Farmhouse in the city! City parks, sidewalks, history, and charm is what this neighborhood has to offer the new owner os this charming home. Built in 1913, this home has been renovated to retain its original character while offering updates that make sense for a new century. New kitchen, new flooring, new paint thru-out, new plumbing, new electrical. Master down floor plan with generous en suite, 2 spacious bedrooms upstairs and redesigned hall bath. Separate dining and living spaces, kitchen storage galore! Move in and enjoy!

Last Agent to Sell the Property

Claudia Roberts

Real Broker, LLC License #238644 Listed on: 01/21/2021

Real Broker, LLC

Last Buyer's Agent

Tim Walker

RE/MAX Impact Realty License #296075

RE/MAX Impact Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 8,538

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Walk-In Pantry
  • Electric Range
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Driveway
  • On-Street Parking

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 45x188

Listing and Financial Details

  • Assessor Parcel Number 016063

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 1913
  • Ratio Current Price By Acre: 875000.00
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Walk-In Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1246
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 65
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 65
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 626
  • Porch: Covered,Front
  • Appliances: Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Dryer Hookup, Electric Range, Exhaust Hood, Plumbed For Ice Maker
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1872
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Tax Location: Spencer
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, On Street

Utilities

  • Heating: Ductless
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 016063
  • Lot Size: 45x188
  • Zoning Description: SFR

Tax Info

  • RATIO List Price By Tax Amount: 1.70999

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 25, 2022
Sold by
Legacy Investments Of Matthews Llc
Bought by
Alston Gabriel S and Alston Stephanie D
Seller's Agent
Claudia Roberts
Real Broker, LLC
Buyer's Agent
Tim Walker
RE/MAX Impact Realty
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$215,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,076
Avg. Annual Appreciation
5.62%
Original Mortgage
$177,000
Outstanding Balance
$166,279
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$48,797

Purchase Details

Closed on
Aug 20, 2020
Sold by
Martin Michael Alexander and Martin Angela Carver
Bought by
Legacy Investment Of Matthews Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,709
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2011
Sold by
Branch Banking & Trust Company
Bought by
Martin Michael A

Purchase Details

Closed on
May 18, 2010
Sold by
Strider Tamara Rae
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Jan 27, 2010
Sold by
Strider Investments Ii Llc
Bought by
Meyers Maudie L

Purchase Details

Closed on
Sep 12, 2007
Sold by
Graham Johnny and Graham Margaret L
Bought by
Federal National Mortgage Association
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
Alston Gabriel S $175,000 Pethel Branson A
Alston Gabriel S $175,000 Pethel Branson A
Legacy Investment Of Matthews Llc $82,000 None Available
Martin Michael A $20,000 None Available
Branch Banking & Trust Company $34,450 None Available
Meyers Maudie L -- None Available
Federal National Mortgage Association $65,614 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alston Gabriel S $177,000
Closed Alston Gabriel S $177,000
Previous Owner Legacy Investment Of Matthews Llc $120,709
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $175,000 -2.8% $93 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $180,000 0.0% $96 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/04/2021 04/04/21 For Sale $180,000 0.0% $96 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/21/2021 02/21/21 Price Changed $180,000 -2.7% $96 / Sq Ft
01/21/2021 01/21/21 For Sale $185,000 0.0% $99 / Sq Ft
06/23/2012 06/23/12 Rented $700 0.0% --
05/24/2012 05/24/12 Under Contract -- -- --
05/22/2012 05/22/12 For Rent $700 -- --
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 $1,946 $162,722 $14,580 $148,142
2024 $1,946 $162,722 $14,580 $148,142
2023 $1,946 $162,722 $14,580 $148,142
2022 $1,450 $105,264 $11,664 $93,600
2021 $1,450 $105,264 $11,664 $93,600
2020 $1,450 $105,264 $11,664 $93,600
2019 $1,450 $105,264 $11,664 $93,600
2018 $1,202 $88,496 $11,664 $76,832
2017 $1,196 $88,496 $11,664 $76,832
2016 $1,163 $88,496 $11,664 $76,832
2015 $1,170 $88,496 $11,664 $76,832
2014 $1,137 $86,987 $10,206 $76,781
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3700775

Canopy MLS (Canopy Realtor® Association)

APN: 016-063