NOT LISTED FOR SALE

802 S Long St Salisbury, NC 28144

Estimated Value: $275,253

8 Beds
4 Baths
3,120 Sq Ft
$88/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $160,000 $51 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,701/month

184 Days on Market

About This Home

As of October 2019

Income producing Fourplex with consistent tenant history. Roof and Windows (2010), Vapor Barrier, Insulation, Exterior Painting, Front Stair System and Deck (2017). Current Termite Contract.

Last Agent to Sell the Property

James Glover

Midtown Properties, LLC License #254571 Listed on: 03/05/2019

Last Buyer's Agent

Freddy Karmatz

FK and Associates Real Estate Firm License #282367

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.29

Additional Features

  • 4 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance
  • Assessor Parcel Number 024099

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Fourplex
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.06738
  • Ratio Close Price By Original Li: 1.10345
  • Ratio Current Price By Acre: 551724.14
  • Ratio Current Price By Sq Ft: 51.28
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Equipment: Electric Dryer Hookup, Electric Range, Refrigerator, Electric Oven
  • Laundry Location: Main, Closet, Kitchen
  • Total Sq Ft: 3120

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Lot, Parking Space - 4+

Utilities

  • Heating: Electric Baseboard Heat, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 88x147x85x142
  • Lot Size Area: 0.290
  • Parcel Number: 024099
  • Zoning Specification: R4

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 125846.00
  • Tax Location: Salisbury

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
Oct 11, 2019
Sold by
Midtown Properties Llc
Bought by
Duffield James and Duffield Dana
Seller's Agent
James Glover
Midtown Properties, LLC
Buyer's Agent
Freddy Karmatz
FK and Associates Real Estate Firm
List Price
$149,900
Sold Price
$160,000
Premium/Discount to List
$10,100
6.74%
Current Estimated Value
$275,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,253
Avg. Annual Appreciation
9.48%
Original Mortgage
$128,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2019
Sold by
Dong Tieliang and Chen Aiqun
Bought by
Midtown Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2016
Closed on
Nov 7, 2016
Sold by
Carolina Res Llc
Bought by
Dong Tieliang and Zhang Jiong
Seller's Agent
David Spurrier
David Realty LLC
Buyer's Agent
Jeff Steup
Midtown Properties, LLC
List Price
$109,900
Sold Price
$67,000
Premium/Discount to List
-$42,900
-39.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.31%

Purchase Details

Listed on
Apr 3, 2013
Closed on
Apr 23, 2014
Sold by
Rra Properties Llc
Bought by
Carter Gerren D and Carter Tori Sims
Seller's Agent
Sean Langston
Langston Realty Group LLC
Buyer's Agent
David Spurrier
David Realty LLC
List Price
$139,000
Sold Price
$80,500
Premium/Discount to List
-$58,500
-42.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.95%
Original Mortgage
$60,375
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2011
Sold by
Adkins Reginald S and Adkins Rubie Lee
Bought by
Rra Properties Llc

Purchase Details

Closed on
Jan 10, 2011
Sold by
Suntrust Mortgage Inc
Bought by
Adkins Reginald S and Adkins Rubie Lee

Purchase Details

Closed on
Aug 11, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sun Trust Mortgage

Purchase Details

Closed on
Dec 17, 2009
Sold by
Hicks Charla Wood and Hicks Brian D
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 22, 2008
Sold by
Beattie Eric James
Bought by
Hicks Charla Wood and Hicks Brian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 2008
Sold by
Vue Nengtou and Vue Mary
Bought by
Hicks Charla Wood and Beattie Eric James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2007
Sold by
Suntrust Bank
Bought by
Vue Nengtou

Purchase Details

Closed on
May 12, 2007
Sold by
Jackson Donald L and Jackson Wanda F
Bought by
Suntrust Bank
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
Duffield James $160,000 Investors Title
Midtown Properties Llc $100,000 None Available
Dong Tieliang $75,000 None Available
Carolina Res Llc $67,000 None Available
Carter Gerren D $80,500 None Available
Rra Properties Llc -- None Available
Adkins Reginald S $40,000 None Available
Sun Trust Mortgage -- None Available
Federal Home Loan Mortgage Corporation $115,900 None Available
Hicks Charla Wood -- None Available
Hicks Charla Wood $95,000 None Available
Vue Nengtou $44,000 None Available
Suntrust Bank $62,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duffield James $199,500
Closed Duffield James $128,000
Previous Owner Midtown Properties Llc $120,000
Previous Owner Carter Gerren D $60,375
Previous Owner Hicks Charla Wood $127,500
Previous Owner Hicks Charla Wood $117,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $160,000 0.0% $51 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/31/2019 08/31/19 Off Market $160,000 -- --
05/27/2019 05/27/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $149,900 -6.3% $48 / Sq Ft
03/18/2019 03/18/19 Off Market $160,000 -- --
03/06/2019 03/06/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $145,000 +116.4% $46 / Sq Ft
11/07/2016 11/07/16 Sold $67,000 -39.0% $19 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $109,900 +36.5% $31 / Sq Ft
04/23/2014 04/23/14 Sold $80,500 -42.1% $22 / Sq Ft
01/18/2014 01/18/14 Pending -- -- --
04/03/2013 04/03/13 For Sale $139,000 -- $39 / 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 $2,425 $195,534 $15,000 $180,534
2024 $2,425 $195,534 $15,000 $180,534
2023 $2,425 $195,534 $15,000 $180,534
2022 $1,898 $144,056 $12,750 $131,306
2021 $1,898 $144,056 $12,750 $131,306
2020 $1,898 $144,056 $12,750 $131,306
2019 $1,898 $144,056 $12,750 $131,306
2018 $1,639 $125,846 $12,750 $113,096
2017 $1,606 $126,170 $12,750 $113,420
2016 $1,606 $126,170 $12,750 $113,420
2015 $1,631 $126,170 $12,750 $113,420
2014 $1,761 $137,553 $12,500 $125,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3480939

Canopy MLS (Canopy Realtor® Association)

APN: 024-099