NOT LISTED FOR SALE

631 N Martin Luther King jr Ave Salisbury, NC 28144

Estimated Value: $361,000 - $503,000

5 Beds
3 Baths
3,534 Sq Ft
$127/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $380,000 $108 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,722/month

38 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Corner Lot
  • Separate Outdoor Workshop
  • Wood Flooring
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of July 2022

Grand archways, detailed woodwork, 8 ft windows and so much charm await you in this historic Victorian era home! Situated on 1.4 acres, this home was built by D.M Arey in 1900 and housed his family for many years. The main level has 12 ft ceilings and the upper level boasts 10 ft ceilings giving the entire house a grand feel. There are 7 fireplaces. Although all are non-functional, they add a touch of warmth to each room. The detailed craftsmanship will leave you in awe! The massive archways on both levels, the coffered wood design on the backside of the stairs and the wood wainscotting are just a few examples. The kitchen has a pantry that is a showpiece as is the artwork which shows the layers of construction in the house. The front and rear porches are a great place to sit with neighbors and guests. Kessler Mill is a historic district and the old mill site is currently undergoing a revitalization project. Don't miss your opportunity to own this wonderful piece of history!

Last Agent to Sell the Property

Kellie Fischer

Main Realty LLC License #137782 Listed on: 06/20/2022

Last Buyer's Agent

Nicole Sherrill-Jamison

Keller Williams Premier License #332638

Keller Williams Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,406

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 191 x 325
  • Corner Lot
  • Property is zoned UR12-3

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • Living Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 016177

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,406

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Ratio Current Price By Acre: 263888.89
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1767
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1767
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Back,Covered,Front
  • Appliances: Dishwasher, Gas Range
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Primary Bedroom
  • Living Area: 3534
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Workshop
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Salisbury
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 016177
  • Lot Size: 191 x 325
  • Zoning Description: Resident

Tax Info

  • RATIO List Price By Tax Amount: 3.11835

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 21, 2022
Sold by
Paul King Phillip
Bought by
Oehmen Nicole Marie and Bouxsein Stephen Shaun
Seller's Agent
Kellie Fischer
Main Realty LLC
Buyer's Agent
Nicole Sherrill-Jamison
Keller Williams Premier
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Current Estimated Value
$449,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,943
Avg. Annual Appreciation
5.34%
Original Mortgage
$368,600
Outstanding Balance
$352,685
Interest Rate
5.78%
Mortgage Type
Balloon
Estimated Equity
$97,258

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jun 30, 2022
Sold by
Paul King Phillip and Paul Dorothy
Bought by
King Phillip Paul and Lefever-King Dorothy
Seller's Agent
Kellie Fischer
Main Realty LLC
Buyer's Agent
Nicole Sherrill-Jamison
Keller Williams Premier
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,600
Outstanding Balance
$352,685
Interest Rate
5.78%
Mortgage Type
Balloon
Estimated Equity
$97,258

Purchase Details

Closed on
Jun 27, 2012
Sold by
King Phillip Paul
Bought by
King Phillip Paul and King Nicholas

Purchase Details

Closed on
Mar 20, 2012
Sold by
Fannie Mae
Bought by
King Phillip Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,520
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2012
Sold by
Vue Nengtou and Vue Mary
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,520
Interest Rate
3.76%
Mortgage Type
New Conventional
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
Oehmen Nicole Marie $380,000 Koontz And Smith
King Phillip Paul $40,000 Short Carl M
King Phillip Paul -- None Available
King Phillip Paul -- None Available
Federal National Mortgage Association $96,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oehmen Nicole Marie $368,600
Previous Owner King Phillip Paul $53,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $380,000 +1.3% $108 / Sq Ft
06/20/2022 06/20/22 For Sale $375,000 -- $106 / 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 $4,406 $368,430 $66,816 $301,614
2024 $4,406 $368,430 $66,816 $301,614
2023 $4,406 $368,430 $66,816 $301,614
2022 $1,650 $119,795 $38,016 $81,779
2021 $1,650 $119,795 $38,016 $81,779
2020 $1,656 $119,795 $38,016 $81,779
2019 $1,656 $120,256 $38,477 $81,779
2018 $1,632 $120,088 $38,522 $81,566
2017 $1,623 $120,088 $38,522 $81,566
2016 $1,579 $120,088 $38,522 $81,566
2015 $1,588 $120,088 $38,522 $81,566
2014 $1,625 $124,308 $39,398 $84,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3874611

Canopy MLS (Canopy Realtor® Association)

APN: 016-177