NOT LISTED FOR SALE

602 W Franklin St Unit NULL Salisbury, NC 28144

Estimated Value: $127,000 - $185,702

Studio
-- Bath
1,440 Sq Ft
$111/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $39,502 $27 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $978/month

61 Days on Market

Highlights

  • 1 Detached Carport Space
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2018

NULL

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • Property fronts an interstate
  • Level Lot
  • Possible uses of the property include Multi-Family

Parking

  • 1 Detached Carport Space

Home Design

  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • Crawl Space

Kitchen

  • Dishwasher
  • Trash Compactor

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 457

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

10,062 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Year Built: 1938
  • Road Frontage Type: Interstate
  • Road Surface Type: Paved
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12

Interior Features

  • Foundation Details: Crawl Space
  • Possible Use: Multi-Family
  • Appliances: Dishwasher, Trash Compactor
  • Fireplace Features: Other - See Remarks
  • Living Area: 1440

Exterior Features

  • Roof: Composition
  • Construction Type: Other - See Remarks

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Carport, Other - See Remarks

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Knox

Lot Info

  • Lot Features: Level
  • Parcel Number: 457

MLS Schools

  • Elementary School: Overton
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2020
Sold by
Serendipity Homes Llc
Bought by
Protea Holdings Llc
Current Estimated Value
$160,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Outstanding Balance
$54,167
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$106,259

Purchase Details

Listed on
Jan 29, 2018
Closed on
Apr 30, 2018
Sold by
Starburst Properties Llc
Bought by
Serendipity Homes Llc
List Price
$39,502
Sold Price
$39,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.49%
Original Mortgage
$52,939
Interest Rate
4.44%
Mortgage Type
Unknown

Purchase Details

Closed on
May 23, 2011
Sold by
Marsh Patricia T
Bought by
Starburst Properties Llc

Purchase Details

Closed on
Nov 10, 2008
Sold by
Starburst Properties Llc
Bought by
Marsh Patricia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.11%
Mortgage Type
Seller Take Back
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
Protea Holdings Llc $77,000 None Available
Serendipity Homes Llc $39,502 Meridian Title Company
Starburst Properties Llc -- None Available
Marsh Patricia T $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Protea Holdings Llc $61,600
Previous Owner Serendipity Homes Llc $52,939
Previous Owner Serendipity Homes Llc $14,000
Previous Owner Marsh Patricia T $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Off Market $39,502 -- --
04/30/2018 04/30/18 Sold $39,502 0.0% $27 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $39,502 -- $27 / 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 $1,523 $127,374 $25,376 $101,998
2024 $1,523 $127,374 $25,376 $101,998
2023 $1,523 $127,374 $25,376 $101,998
2022 $946 $68,674 $19,032 $49,642
2021 $946 $68,674 $19,032 $49,642
2020 $946 $68,674 $19,032 $49,642
2019 $946 $68,674 $19,032 $49,642
2018 $790 $58,173 $19,032 $39,141
2017 $786 $58,173 $19,032 $39,141
2016 $765 $58,173 $19,032 $39,141
2015 $769 $58,173 $19,032 $39,141
2014 $759 $58,059 $17,128 $40,931
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R60001

Canopy MLS (Canopy Realtor® Association)

APN: 006-457

North Carolina Rowan County Salisbury 28144

602 W Franklin St Unit NULL, Salisbury, NC

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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