NOT LISTED FOR SALE

616 E Lafayette St Salisbury, NC 28144

Estimated Value: $136,000 - $168,830

3 Beds
1.5 Baths
1,200 Sq Ft
$127/Sq Ft Est. Value

Last Sold January 09, 2018

Last sale price $46,500 $39 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $929/month

54 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bungalow
  • Attic
  • Porch
  • Kitchen Island

About This Home

As of January 2018

RENTAL INVESTORS or FIRST TIME BUYERS. The seller has updated this home all around: newer roof, vinyl siding, blown insulation, updated doors and windows, and flooring throughout. The kitchen was completely renovated in 2009. New Water heater. Updated HVAC. If you are looking for a great property where the work has been done for you, this is the house for you! This home is currently tenant occupied, 24 Hour Noticed required for showings. Call for more information today!

Last Agent to Sell the Property

Shaunna Overman

Allen Tate Oak Ridge Commons License #277559 Listed on: 10/25/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $724

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Bungalow
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,059 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Storm Doors
  • Dryer Hookup
  • Attic

Kitchen

  • Free-Standing Range
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Porch

Schools

  • Knox Middle School
  • Salisbury High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 012 186
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$724

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Subdivision Name: None
  • Directions: Take W Innes, L on Long, R on E Lafayette, Home on Left.
  • Above Grade Finished Sq Ft: 1059
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1900
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Living Area: 1059
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: City Lot, Near Public Transit, Cleared, Level
  • Pool Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hanford Dole
  • High School: Salisbury
  • Middle Or Junior School: Knox

Lot Info

  • Parcel #: 012 186
  • Zoning: Res
  • TRIADMLS_PricePerAcre: 208333.3333
  • TRIADMLS_DeedPage: 646
  • TRIADMLS_DeedBook: 1240
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 724.46
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.377

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Jan 5, 2018
Sold by
Brooks Rodney R
Bought by
Starr Todd and Starr Amy
Seller's Agent
Shaunna Overman
Allen Tate Oak Ridge Commons
List Price
$50,000
Sold Price
$46,500
Premium/Discount to List
-$3,500
-7%
Current Estimated Value
$152,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,958
Avg. Annual Appreciation
16.29%

Purchase Details

Closed on
Aug 21, 2014
Sold by
Sorrow Taylor Elizabeth and Brooks Taylor S
Bought by
Brooks Rodney R

Purchase Details

Closed on
Feb 26, 2010
Sold by
Lemmon Michael R and Lemmon Kelly
Bought by
Brooks Rodney R and Brooks Taylor S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,094
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2006
Sold by
Cain Bobby J and Cain Faye Elizabeth
Bought by
Deutsche Bank Trust Co Americas and Bankers Trust Co
Source: Public Records

Range of Values:

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Average Value
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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
Starr Todd $46,500 None Available
Brooks Rodney R -- None Available
Brooks Rodney R $50,000 None Available
Deutsche Bank Trust Co Americas $37,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Rodney R $49,094
Previous Owner Lemmon Michael $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2018 01/09/18 Sold $46,500 -7.0% $52 / Sq Ft
12/19/2017 12/19/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $50,000 -- $56 / Sq Ft
Source: Triad MLS

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 $1,190 $99,532 $14,850 $84,682
2024 $1,190 $99,532 $14,850 $84,682
2023 $1,190 $99,532 $14,850 $84,682
2022 $868 $63,005 $12,474 $50,531
2021 $868 $63,005 $12,474 $50,531
2020 $868 $63,005 $12,474 $50,531
2019 $868 $63,005 $12,474 $50,531
2018 $728 $53,603 $12,474 $41,129
2017 $724 $53,603 $12,474 $41,129
2016 $759 $53,603 $12,474 $41,129
2015 $763 $53,603 $12,474 $41,129
2014 $710 $54,295 $11,286 $43,009
Source: Public Records

Agents Affiliated with this Home

  • Shaunna Overman

    Seller's Agent in 2018

    Shaunna Overman

    Allen Tate Oak Ridge Commons

    (336) 618-7564

    299 Total Sales

    Shaunna Overman
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Map

Source: Triad MLS

MLS Number: 854585

Triad MLS

APN: 012-186

North Carolina Rowan County Salisbury 28144

616 E Lafayette St, Salisbury, NC

This home is located at 616 E Lafayette St, Salisbury, NC 28144 since 25 October 2017 and is currently estimated at $152,458, approximately $127 per square foot. This property was built in 1900. 616 E Lafayette St is a home located in Rowan County with nearby schools including Elizabeth Duncan Koontz Elementary School, Knox Middle School, and North Rowan Middle School.

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