NOT LISTED FOR SALE

947 Fairmont Ave Salisbury, NC 28144

Estimated Value: $174,000 - $208,000

2 Beds
1 Bath
1,122 Sq Ft
$169/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $175,000 $156 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,177/month

33 Days on Market

Highlights

  • Private Lot
  • Enclosed Glass Porch
  • More Than Two Accessible Exits
  • Wood Flooring
  • Laundry Room
  • 1-Story Property

About This Home

As of December 2023

Come look at this charming home! This home is perfect for investors or first time home buyers! Fully fenced in back yard, walk out basement, and huge attic that has endless possibilities! Offering a 1 yr warranty with acceptable offer! New roof in Nov 2022 and new gutters after that. French drains were also installed! Please submit all offers!

Last Agent to Sell the Property

Amanda McKinnon

Mark Spain Real Estate Brokerage Email: AmandaMcKinnon@MarkSpain.com License #323972 Listed on: 10/11/2023

Mark Spain Real Estate

Last Buyer's Agent

Corey Gaskins

Mark Spain Real Estate License #341060

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 1947

Lot Details

  • Back Yard Fenced
  • Private Lot
  • Level Lot
  • Irrigation
  • Property is zoned GR6

Home Design

  • Asbestos

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Detached Carport Space
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Enclosed Glass Porch

Community Details

  • Eaman Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 013053

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,058

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1947
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 155.97
  • Geocode Confidence: High
  • Attribution Contact: AmandaMcKinnon@MarkSpain.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Linoleum, Tile, Wood
  • Interior Amenities: Attic Stairs Fixed
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1122
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 574
  • Sq Ft Unheated Total: 574
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven
  • Above Grade Finished Sq Ft: 1122
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1122
  • Bedroom Main: 2
  • Room Count: 6
  • Sq Ft Other: 638

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Full
  • Construction Type: Asbestos
  • Patio And Porch Features: Glass Enclosed, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Detached Carport, Driveway

Utilities

  • Heating: Electric, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Utilities: Cable Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level, Private
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Parcel Number: 013053
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR6

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Dec 19, 2023
Sold by
Herman Sherran E
Bought by
Spada Josephine
Seller's Agent
Amanda McKinnon
Mark Spain Real Estate
Buyer's Agent
Corey Gaskins
Mark Spain Real Estate
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%
Views
159
Current Estimated Value
$190,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,087
Avg. Annual Appreciation
4.60%
Original Mortgage
$165,700
Outstanding Balance
$163,084
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$27,003

Purchase Details

Closed on
Nov 24, 2020
Sold by
Herman Sherran E and Beshears Sherran H
Bought by
Herman Sherran E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 21, 2005
Sold by
Wagoner Walter Price
Bought by
Beshears Sherran H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac
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
Spada Josephine $175,000 Evergreen Title
Herman Sherran E -- None Available
Beshears Sherran H $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannamela David B $165,700
Closed Cannamela David B $15,000
Previous Owner Herman Sherran E $25,000
Previous Owner Beshears Sherran H $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2023 12/19/23 Sold $175,000 -5.4% $156 / Sq Ft
10/25/2023 10/25/23 Price Changed $185,000 -7.5% $165 / Sq Ft
10/11/2023 10/11/23 For Sale $200,000 -- $178 / 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 $2,058 $172,075 $21,824 $150,251
2024 $2,058 $172,075 $21,824 $150,251
2023 $736 $123,080 $21,824 $101,256
2022 $586 $85,090 $18,304 $66,786
2021 $1,172 $85,090 $18,304 $66,786
2020 $586 $85,090 $18,304 $66,786
2019 $586 $85,090 $18,304 $66,786
2018 $572 $84,160 $18,304 $65,856
2017 $569 $84,160 $18,304 $65,856
2016 $524 $79,795 $17,409 $62,386
2015 $528 $79,795 $17,409 $62,386
2014 $541 $82,719 $17,409 $65,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4075060

Canopy MLS (Canopy Realtor® Association)

APN: 013-053