NOT LISTED FOR SALE

716 E Franklin St Salisbury, NC 28144

Estimated Value: $122,000 - $180,000

Studio
1 Bath
1,301 Sq Ft
$118/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $79,900 $61 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $943/month

117 Days on Market

Highlights

  • Laundry Room
  • Baseboard Heating
  • Asbestos

About This Home

As of March 2022

Seller will consider all offers. Sold as-is no repairs.Home was a long term rental. Located in the "Park Avenue Housing Rehabilitation Program." This home offers the owner or investor grants for the exterior of the home. https://salisburync.gov/Government/Community-Planning-Services/Grants-and-Incentives/Park-Avenue-Housing-Rehabilitation-Program. Also attached is the Nomination form of the National Register of Historic Places. Subject could easily be a four bedroom home but only 2 have closets.

Last Agent to Sell the Property

William Barbee

S and B Real Estate LLC License #171309 Listed on: 09/06/2021

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 7,492

Parking

  • Driveway

Home Design

  • Asbestos

Interior Spaces

  • 1 Full Bathroom
  • 1,301 Sq Ft Home
  • Crawl Space
  • Electric Range
  • Laundry Room

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 016181

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1923
  • Ratio Current Price By Acre: 470000.00
  • Road Surface Type: Dirt
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 450
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1301
  • 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: 0
  • Appliances: Electric Range
  • Full Bathrooms: 1
  • Living Area: 1301
  • Full Bathrooms: 1
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Salisbury
  • Construction Type: Site Built
  • Construction Type: Asbestos

Garage/Parking

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

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 016181
  • Zoning Description: SFR

Tax Info

  • RATIO List Price By Tax Amount: 1.86395

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
Sep 6, 2021
Closed on
Feb 7, 2022
Sold by
Aroy Dee Thai Llc
Bought by
Peacock Nicile M
Seller's Agent
William Barbee
S and B Real Estate LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$89,000
Sold Price
$79,900
Premium/Discount to List
-$9,100
-10.22%
Current Estimated Value
$152,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,994
Avg. Annual Appreciation
18.10%
Original Mortgage
$58,650
Outstanding Balance
$54,468
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$98,426

Purchase Details

Closed on
Jun 2, 2014
Sold by
Heidel Carl John and Yamngam Niramon
Bought by
Aroy Dee Thai Llc

Purchase Details

Listed on
Sep 17, 2013
Closed on
Dec 6, 2013
Sold by
Fannie Mae
Bought by
Heidel Carl John and Yamngam Niramon
Seller's Agent
Janet Petrozelle
Oak Leaf Properties of NC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$28,000
Sold Price
$17,000
Premium/Discount to List
-$11,000
-39.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.78%

Purchase Details

Closed on
Sep 18, 2013
Sold by
Mcneely Richard and Mcneely Nanette
Bought by
Federal National Mortgage Association
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
Peacock Nicile M $69,000 None Listed On Document
Aroy Dee Thai Llc -- None Available
Heidel Carl John -- None Available
Federal National Mortgage Association $79,551 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peacock Nicile M $58,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $79,900 -10.2% $61 / Sq Ft
01/14/2022 01/14/22 For Sale $89,000 0.0% $68 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
11/23/2021 11/23/21 Price Changed $89,000 0.0% $68 / Sq Ft
11/23/2021 11/23/21 For Sale $89,000 -6.3% $68 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/28/2021 10/28/21 Price Changed $95,000 -9.5% $73 / Sq Ft
10/27/2021 10/27/21 For Sale $105,000 0.0% $81 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/26/2021 09/26/21 Price Changed $105,000 -89.6% $81 / Sq Ft
09/26/2021 09/26/21 Price Changed $1,005,000 +813.6% $772 / Sq Ft
09/16/2021 09/16/21 Price Changed $110,000 -7.6% $85 / Sq Ft
09/12/2021 09/12/21 Price Changed $119,000 -4.8% $91 / Sq Ft
09/06/2021 09/06/21 For Sale $125,000 +635.3% $96 / Sq Ft
12/17/2013 12/17/13 Sold $17,000 -39.3% $10 / Sq Ft View Prior Sale
11/27/2013 11/27/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $28,000 -- $16 / 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 $1,571 $131,321 $14,645 $116,676
2024 $1,571 $131,321 $14,645 $116,676
2023 $1,571 $131,321 $14,645 $116,676
2022 $658 $47,748 $11,110 $36,638
2021 $658 $47,748 $11,110 $36,638
2020 $658 $47,748 $11,110 $36,638
2019 $658 $47,748 $11,110 $36,638
2018 $590 $43,412 $11,110 $32,302
2017 $587 $43,412 $11,110 $32,302
2016 $571 $43,412 $11,110 $32,302
2015 $574 $43,412 $11,110 $32,302
2014 $591 $45,239 $11,362 $33,877
Source: Public Records

Agents Affiliated with this Home

  • William Barbee

    Seller's Agent in 2022

    William Barbee

    S and B Real Estate LLC

    (704) 533-2385

    3 in this area

    91 Total Sales

    William Barbee
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    NC_CanopyMLS

  • J

    Seller's Agent in 2013

    Janet Petrozelle

    Oak Leaf Properties of NC

    (336) 239-4107

    41 Total Sales

    Janet Petrozelle
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3783087

Canopy MLS (Canopy Realtor® Association)

APN: 016-181

North Carolina Rowan County Salisbury 28144

716 E Franklin St, Salisbury, NC

Not Listed for Sale

Detached

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