$88,500
SOLD DEC 9, 2024

530 W Franklin St Salisbury, NC 28144

3 Beds
1.5 Baths
1,400 Sq Ft
0.28 Acres

Recently Sold

$63 Per Sq Ft

74% Above List Price

13 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Wood Siding
  • Laundry Room
  • Forced Air Heating System

About This Home

As of December 2024

BACK ON MARKET BY NO FAULT OF SELLEER.......CALLING INVESTORS!!/HANDYMAN SPECIAL! Embrace the opportunity to complete renovations on this 3-bedroom, 1.5-bath home nestled on a 0.28-acre corner lot. Freshly painted, with wood flooring throughout much of the home, it’s an ideal canvas for investors or those ready to create their dream space. Situated close to hospitals, popular restaurants, shopping, and other conveniences, this property has great potential for rental income or a rewarding renovation project. Don’t miss out on this diamond in the rough—schedule your showing today!

Last Agent to Sell the Property

Mechelle Kuld

TMR Realty, Inc. Brokerage Email: mechelle.kuld@gmail.com License #280063 Listed on: 11/06/2024

Last Buyer's Agent

Yetta Taylor-Bailey

Signified Properties LLC License #261611

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1900

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Schools

  • Overton Elementary School
  • Knox Middle School
  • Salisbury High School

Additional Features

  • Property is zoned GR6
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 006272

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 63.21
  • Geocode Confidence: High
  • Attribution Contact: mechelle.kuld@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Linoleum, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1400
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: None
  • Above Grade Finished Sq Ft: 1400
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 1400
  • Bedroom Main: 3
  • Room Count: 8

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Wood

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Inside
  • Cooling: None
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.28
  • Lot Size Units: Acres
  • Parcel Number: 006272
  • Zoning: GR6
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Overton
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Dec 4, 2024
Sold by
Huffman Dale Palmer and Tarte Marsha Huffman
Bought by
Baileys Nextlevel Llc
Seller's Agent
Mechelle Kuld
TMR Realty, Inc.
Buyer's Agent
Yetta Taylor-Bailey
Signified Properties LLC
List Price
$51,000
Sold Price
$88,500
Premium/Discount to List
$37,500
73.53%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
525.08%
Original Mortgage
$133,000
Outstanding Balance
$132,519
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$119,032

Purchase Details

Listed on
Nov 6, 2024
Closed on
Oct 30, 2024
Sold by
Fulman Company Llc
Bought by
Huffman Tarte Marsha and Palmer Huffman Dale
Seller's Agent
Mechelle Kuld
TMR Realty, Inc.
Buyer's Agent
Yetta Taylor-Bailey
Signified Properties LLC
List Price
$51,000
Sold Price
$88,500
Premium/Discount to List
$37,500
73.53%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Outstanding Balance
$132,519
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$119,032

Purchase Details

Closed on
Jul 30, 1999
Bought by
Fulman Company Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $88,500 None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $42,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2025 06/08/25 Price Changed $249,900 -3.5% $164 / Sq Ft
05/27/2025 05/27/25 Price Changed $259,000 -2.2% $170 / Sq Ft
05/13/2025 05/13/25 Price Changed $264,900 -3.7% $173 / Sq Ft
05/07/2025 05/07/25 Price Changed $275,000 -1.4% $180 / Sq Ft
04/23/2025 04/23/25 Price Changed $279,000 -10.0% $183 / Sq Ft
04/19/2025 04/19/25 For Sale $310,000 +250.3% $203 / Sq Ft
12/09/2024 12/09/24 Sold $88,500 +73.5% $63 / Sq Ft
11/06/2024 11/06/24 For Sale $51,000 -- $36 / 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
2024 $1,400 $117,084 $39,688 $77,396
2023 $1,400 $117,084 $39,688 $77,396
2022 $1,107 $80,374 $27,583 $52,791
2021 $1,107 $80,374 $27,583 $52,791
2020 $1,107 $80,374 $27,583 $52,791
2019 $1,107 $80,374 $27,583 $52,791
2018 $994 $73,180 $27,533 $45,647
2017 $989 $73,180 $27,533 $45,647
2016 $962 $73,180 $27,533 $45,647
2015 $968 $73,180 $27,533 $45,647
2014 $973 $74,463 $27,533 $46,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4197971

Canopy MLS (Canopy Realtor® Association)

APN: 006-272