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316 Adams Street

316 Adams Street, Salisbury, NC 28144
Property in Rowan
Sold Jun 25, 2021
$127,000
$128,282 by Lender Select Mortgage Group
Mortgage Due Jul 01, 2051
Sold Apr 14, 2021
$92,000
316 Adams Street in Salisbury, NC was first built in 1979 and is 45 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 316 Adams Street has 928 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 800 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 6,098 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 364 sqft. 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 brick. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 316 Adams Street sold most recently in Jun 25, 2021 for a total of $127,000. If you work out the math, that's approximately a cost of $136.85 per sqft. Before that, the property was also sold for $92,000 in Apr 14, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,514 in taxes each year. 316 Adams Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $122,095. If we break it down further, the land itself was valued at $9,000. Improvements to the property, however, were assessed at a total of $113,095. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C+
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 364
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 800
  • Total Building Area: 928
  • Building Area: 928
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 928
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF EAST SPENCER
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L1 .14AC

Ownership

  • Current Owner : FOUR HENRY
  • Current Owner 2: FOUR DIANNE
  • Previous Owner : MELENDEZ JOSE A
  • Previous Owner 2: DE AREVALO NORMA
  • Owner Before Previous Owner: RUSTIN RYAN
  • Owner Before Previous Owner 2: RUSTIN APRIL M
  • Ownership Rights Codes: Et ux (and wife)
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: TOWN OF EAST SP
  • Census Tract: 050800

Zoning

  • Zoning: R1:SINGLE

Geography

  • District: 1
  • Parcel: 026 194
  • Municipality: TOWN OF EAST SPENCER
  • Latitude: 35.6787
  • Longitude: -80.4349

    Address

  • Full Address: 316 Adam St
  • Address - House Number: 316
  • Address - Street Name: Adam
  • Address - Suffix Type: St
  • State: NC
  • City Name: Salisbury
  • Carrier Code: R025
  • 4-Digit Zip Code: 9501
  • Zip Code: 28144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,514
  • Tax Rate Code Area: 104:EAST S

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 347,273
  • High Value: 470,246
  • Low Value: 224,299

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,282
  • First Open Lien Mortgage Lender: LENDER SELECT MORTGAGE GROUP
  • First Open Lien Mortgage Recording Date: Jun 25, 2021
  • First Open Lien Mortgage Loan Amount: $128,282
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: USDA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $122,095
  • Market Land Value: $9,000
  • Market Improvement Value: $113,095

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,095
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $113,095

    Sales

  • Current Sale Contract Date: Jun 25, 2021
  • Current Sale Recording Date: Jun 25, 2021
  • Current Sale Transaction ID: 11841154641
  • Current Sale Price: $127,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 14, 2021
  • Previous Sale Contract Date: Apr 14, 2021
  • Previous Sale Amount: $92,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDER SELECT MORTGAGE GROUP
  • First Mortgage Transaction Date: Jun 25, 2021
  • First Mortgage Loan Amount: $128,282
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: USDA
  • First Mortgage Loan Due Date: Jul 01, 2051

About East Spencer



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Frequently Asked Questions

What neighborhood is 316 Adams Street located in?
The 316 Adams Street is a located in the neighborhood of Rowan in East Spencer, Salisbury.
What is the average sales price for listings in 316 Adams Street?
The average sales price for units in 316 Adams Street is $0 currently.

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