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111 South Main Street

111 South Main Street, Salisbury, NC 28144
Commercial in Downtown Salisbury
111 South Main Street in Salisbury, NC was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a commercial property type. There are a total of 2 floors. 111 South Main Street has 42,603 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 79 ft and the linear feet between the front and back of the lot is 191. In total, the area measurement of the land is 15,072 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 111 South Main Street was last sold in May 5, 2023 for $630,000. According to our calculations, that's $21.37 per sqft. Prior to that sales transaction, the property was sold for $434,371 in Oct 14, 2021. Current property owners are expected to pay $6,196 in taxes per year. The property on 111 South Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $841,862. To break that down further, the land itself was valued at $172,220. While improvements to the property were assessed at a total of $669,642. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200421
04/21/2020
Loft
-
-
$785,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Building Quality: C+
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,072
  • Lot Size Depth Feet: 191
  • Lot Size Frontage Feet: 79
  • Total Building Area: 29,483
  • Gross Building Area: 29,483
  • Building Area: 29,483
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 42,603
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.346
  • Standard Land Use Code: Department store (apparel, household goods, furniture)
  • County Land Use Code: Sub-surface rights (mineral)
  • Legal Description 1: - 717-042

Ownership

  • Current Owner : SANCHEZ EDMUNDO
  • Current Owner 2: SANCHEZ MARTHA
  • Previous Owner : LP COMMERCIAL PROPERTIES LLC
  • Owner Before Previous Owner: NCFC SERVICES LLC

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: SALISBURY DOWNT
  • Census Tract: 052000

Geography

  • District: 1
  • Parcel: 0105515
  • Municipality: SALISBURY DOWNTOWN
  • Latitude: 35.6668
  • Longitude: -80.47

    Address

  • Full Address: 111 S Main St
  • Address - House Number: 111
  • Street Direction: S
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NC
  • City Name: Salisbury
  • Carrier Code: C018
  • 4-Digit Zip Code: 4941
  • Zip Code: 28144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,196

    Market Valuation

  • Market Total Value: $841,862
  • Market Land Value: $172,220
  • Market Improvement Value: $669,642

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $841,862
  • Assessed Land Value: $172,220
  • Assessed Improvements Value: $669,642

    Sales

  • Current Sale Contract Date: May 05, 2023
  • Current Sale Recording Date: May 09, 2023
  • Current Sale Transaction ID: 11906231701
  • Current Sale Price: $630,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Nov 17, 2021
  • Previous Sale Contract Date: Oct 14, 2021
  • Previous Sale Amount: $434,371
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

About Downtown Salisbury



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Frequently Asked Questions

What neighborhood is 111 South Main Street located in?
The 111 South Main Street is a commercial located in the neighborhood of Downtown Salisbury in Downtown Salisbury, Salisbury.
What is the average sales price for listings in 111 South Main Street?
The average sales price for units in 111 South Main Street is $0 currently.

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