NOT LISTED FOR SALE

5570 S Main St Salisbury, NC 28147

Estimated Value: $330,000 - $344,282

3 Beds
2 Baths
2,265 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $165,000 $73 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,930/month

13 Days on Market

About This Home

As of April 2019

Great opportunity to take this home and make it your own with a little TLC. This large ranch style home sits on Hwy 29 with quick, easy access to I-85. Large lot with beautiful mature trees. Circular driveway present on side street. All bedrooms and spacious front living room have beautiful hardwoods. Two fireplaces on main floor, one in basement. Large kitchen with island and plenty of storage. New roof in 2014. Huge unfinished basement with a 3rd bathroom and shower area, as well as an office space. Piano in photo will be removed prior to closing. SOLD AS-IS.

Disclosure: Recent termite inspection found active termites along the front basement wall and have been treated with warranty. During hurricanes this past fall, there was a small amount of water puddling in the basement in corners where the roof gutters were clogged and not draining properly and dumping water into these areas. This has been remedied and Drylock applied to walls where problem areas were identified.

Last Agent to Sell the Property

Mitch Mimier

Jones Property Management & Realty, Inc. License #304502 Listed on: 02/20/2019

Last Buyer's Agent

Sharon Dunaway

NorthGroup Real Estate LLC License #267292

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.47

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 480 005

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.99458
  • Ratio Close Price By Original Li: 0.99458
  • Ratio Current Price By Acre: 351063.83
  • Ratio Current Price By Sq Ft: 72.85
  • Year Built: 1952
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Electric Range, Electric Oven
  • Laundry Location: Basement
  • Room Count: 1
  • Main Level Sq Ft: 2265
  • Total Sq Ft: 2265
  • Sq Ft Unheated Basement: 1925
  • Sq Ft Unheated Total: 1925

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Carport - 2 Car

Utilities

  • Heating: Central Air, Electric Baseboard Heat, Heat Pump - Heat, Propane
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 0.470
  • Parcel Number: 480 005
  • Zoning Specification: CBI

Tax Info

  • Tax Value: 145750.00
  • Tax Location: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Apr 5, 2019
Sold by
Trexler Stephen Craige
Bought by
Lewis David L and Lewis Vickie P
Seller's Agent
Mitch Mimier
Jones Property Management & Realty, Inc.
Buyer's Agent
Sharon Dunaway
NorthGroup Real Estate LLC
List Price
$165,900
Sold Price
$165,000
Premium/Discount to List
-$900
-0.54%
Current Estimated Value
$337,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,071
Avg. Annual Appreciation
11.50%
Original Mortgage
$162,011
Outstanding Balance
$144,031
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$193,040
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
Lewis David L $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis David L $162,011
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2019 04/08/19 Sold $165,000 -0.5% $73 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $165,900 -- $73 / 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 $1,943 $286,819 $36,480 $250,339
2024 $1,943 $286,819 $36,480 $250,339
2023 $1,943 $286,819 $36,480 $250,339
2022 $1,186 $157,124 $23,347 $133,777
2021 $1,175 $157,124 $23,347 $133,777
2020 $1,175 $157,124 $23,347 $133,777
2019 $1,175 $157,124 $23,347 $133,777
2018 $1,080 $145,750 $27,724 $118,026
2017 $1,080 $145,750 $27,724 $118,026
2016 $1,080 $145,750 $27,724 $118,026
2015 $1,093 $145,750 $27,724 $118,026
2014 $1,119 $156,551 $20,837 $135,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3476721

Canopy MLS (Canopy Realtor® Association)

APN: 480-005