See Home Value
$529,087*
House - Off Market

217 S Ellis Street

Salisbury, NC 28144
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4495 Sqft
$473,000 - $577,000
Reference Base Price*
0.78%
Since Jun 1, 2022
National-US
Primary Model
Sold May 05, 2022
$525,000
$493,500 by Better Mortgage Corporation
Mortgage Due Jun 01, 2052
Sold Jul 16, 2020
$388,000
$329,702 by Quicken Loans Llc
Mortgage Due Aug 01, 2050

About This Property

This beautiful home, located in the Historic West Square of Salisbury, is bursting with character and is a short walk to shops, dining and a new park. It is a 3-bedroom, 3.5 bath home with six wood burning fireplaces, an oversized detached garage and a large concrete driveway, unusual for a historic home. The second floor contains 3 spacious bedrooms and 2 bathrooms; the master bathroom is absolutely stunning. The main floor, both unique and functional, has a kitchen with chef grade equipment such as a Viking range and commercial refrigerator, a library, two dining areas, a living room, half bath and an amazing sunroom. The basement is one of a kind. It is a perfect space for entertaining or to use as an air BNB.  It has a full bath, W/D hook up, kitchen and separate entrance. The architecture was modeled after a bar/restaurant called Ratskeller in Munich Germany. This home has been updated both cosmetically and functionally but has maintained its historic charm throughout.

The manager has listed the unit size as 4495 square feet.
Unit Size
4,495Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$117
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992

Price History

Date / Event Date Event Price
May 7, 2022 No longer available -
No longer available
May 5, 2022 Sold to Jeffrey Richen, Nori Eileen... $525,000
Sold to Jeffrey Richen, Nori Eileen...
Apr 6, 2022 Listed $525,000
Listed
Oct 6, 2021 No longer available -
No longer available
Jul 16, 2020 Sold to Meredith Williams, Ryan Wil... $388,000
Sold to Meredith Williams, Ryan Wil...
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A+
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,406
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,776
  • Lot Size Depth Feet: 200
  • Lot Size Frontage Feet: 99
  • Total Building Area: 2,533
  • Building Area: 2,533
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,533
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: W C ZIMMERMAN PROPERTY
  • Land Acres: 0.454
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RICHEN JEFFREY
  • Current Owner 2: RICHEN NORI EILEEN
  • Previous Owner : WILLIAMS
  • Previous Owner 2: MEREDITH
  • Owner Before Previous Owner: STEPHEN GRASSO C
  • Owner Before Previous Owner 2: STEPHEN WARREN R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: CITY OF SALISBU
  • Census Tract: 050300

Geography

  • District: 1
  • Parcel: 010 032
  • Municipality: CITY OF SALISBURY
  • Latitude: 35.6694
  • Longitude: -80.4757

    Address

  • Full Address: 217 S Ellis St
  • Address - House Number: 217
  • Street Direction: S
  • Address - Street Name: Ellis
  • Address - Suffix Type: St
  • State: NC
  • City Name: Salisbury
  • Carrier Code: C010
  • 4-Digit Zip Code: 4815
  • Zip Code: 28144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,428
  • Tax Rate Code Area: 101:SALISB

    Appraisal Valuation

  • Standard Deviation: 0.2509
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 64
  • Final Value: 444,847
  • High Value: 556,475
  • Low Value: 333,219

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $493,500
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: May 05, 2022
  • First Open Lien Mortgage Loan Amount: $493,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $537,493
  • Market Land Value: $51,728
  • Market Improvement Value: $485,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $537,493
  • Assessed Land Value: $51,728
  • Assessed Improvements Value: $485,765

    Sales

  • Current Sale Contract Date: May 04, 2022
  • Current Sale Recording Date: May 05, 2022
  • Current Sale Transaction ID: 11887236915
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 16, 2020
  • Previous Sale Contract Date: Jul 07, 2020
  • Previous Sale Amount: $388,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: May 05, 2022
  • First Mortgage Loan Amount: $493,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS LLC
  • Previous Mortgage Transaction Date: Jul 16, 2020
  • Previous Mortgage Loan Amount: $329,702
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
3,599 ft²
$153/ft²
$549,900 Jun 2, 2023
-
-
Land
Loft
-
-
$530,000 Jun 9, 2023
-
-
Commercial
Loft
-
-
$549,000 Jul 13, 2023
-
-

About Downtown Salisbury


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Frequently Asked Questions

When was property at 217 South Ellis Street built and last sold?
The property at 217 South Ellis Street was built in 1992 and last sold on May 4, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 217 South Ellis Street is $544,930.
What are some comparable homes to 217 South Ellis Street?
There are currently no comparable homes to 217 South Ellis Street.

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