NOT LISTED FOR SALE

528 N Martin Luther King jr Ave Salisbury, NC 28144

Estimated Value: $92,000 - $163,000

2 Beds
1 Bath
844 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $38,500 $46 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $806/month

6 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • 4-minute walk to Cannon Park

About This Home

As of February 2019

Clean, 2 bedroom home. New paint, level lot. currently rented. Electric baseboard heat. Range and refrigerator are included in the sale. Kesler Mfg. Co - Cannon Mills Historic Subdivision

Last Agent to Sell the Property

Terry Francis

Wallace Realty License #192185 Listed on: 01/25/2019

Last Buyer's Agent

DeeAnn Crawson

Premier Real Estate Team Inc. License #293835

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 8,712

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 016 404

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.85556
  • Ratio Close Price By Original Li: 0.85556
  • Ratio Current Price By Acre: 192500.00
  • Ratio Current Price By Sq Ft: 45.62
  • Year Built: 1910
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic Other
  • Laundry Location: Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 844
  • Total Sq Ft: 844

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Utilities

  • Heating: No A/C
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 45x201x45x200
  • Lot Size Area: 0.200
  • Parcel Number: 016 404
  • Plat Reference Section Pages: 549
  • Zoning Specification: Historic

Tax Info

  • Tax Value: 39020.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2019
Closed on
Feb 11, 2019
Sold by
Cornerstone Cabarrus Llc
Bought by
Twum Barimah Richard and Twum Yaa Antwiaa
Seller's Agent
Terry Francis
Wallace Realty
Buyer's Agent
DeeAnn Crawson
Premier Real Estate Team Inc.
List Price
$45,000
Sold Price
$38,500
Premium/Discount to List
-$6,500
-14.44%
Current Estimated Value
$136,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,781
Avg. Annual Appreciation
21.10%

Purchase Details

Closed on
May 26, 2005
Sold by
Carter Jimmy W and Carter Pamela C
Bought by
Cornerstone Cabarrus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,948
Interest Rate
5.51%
Mortgage Type
Unknown
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
Twum Barimah Richard $38,500 None Available
Cornerstone Cabarrus Llc $761,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barimah Richard Twum $97,500
Previous Owner Cornerstone Cabarrus Llc $25,000
Previous Owner Cornerstone Cabarrus Llc $385,948
Previous Owner Cornerstone Cabarrus Llc $1,077,497
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2019 02/11/19 Sold $38,500 -14.4% $46 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $45,000 -- $53 / 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 $959 $80,153 $21,780 $58,373
2024 $959 $80,153 $21,780 $58,373
2023 $959 $80,153 $21,780 $58,373
2022 $583 $42,371 $19,800 $22,571
2021 $583 $42,371 $19,800 $22,571
2020 $545 $39,551 $19,800 $19,751
2019 $583 $42,371 $19,800 $22,571
2018 $530 $39,020 $19,800 $19,220
2017 $527 $39,020 $19,800 $19,220
2016 $513 $39,020 $19,800 $19,220
2015 $516 $39,020 $19,800 $19,220
2014 $419 $32,086 $11,880 $20,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3468598

Canopy MLS (Canopy Realtor® Association)

APN: 016-404