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380 Apple Road

380 Apple Road, Salisbury, NC 28147
Commercial in Rowan
380 Apple Road has been categorized by the local assessors in Salisbury, NC as a industrial type of property. The building on the property was first built in 1968 and is 56 years old. However, we must point out that the home was most recently renovated and altered in 1983. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 380 Apple Road has 21,257 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,614,907 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The exterior walls of the building are made of concrete. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 380 Apple Road sold most recently in May 8, 2023 for a total of $695,000. If you work out the math, that's approximately a cost of $30.51 per sqft. Before that, the property was also sold for $430,000 in Jan 27, 2020. 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 $3,460 in taxes each year. The initial year of tax delinquency occurred in 2022. 380 Apple Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $516,452. If we break it down further, the land itself was valued at $443,366. Improvements to the property, however, were assessed at a total of $73,086. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1983
  • Building Count: 2
  • Bedroom Count: 0
  • Building Quality: C+
  • Exterior Walls Type: Concrete
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614,907
  • Total Building Area: 22,778
  • Gross Building Area: 22,778
  • Building Area: 22,778
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 21,257
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Land Acres: 60.03
  • Standard Land Use Code: Industrial (general)
  • Legal Description 1: 60.03AC

Ownership

  • Current Owner : JOHN AND MEENA SMITH FAMILY TRUST
  • Previous Owner : CHAMPION RYAN
  • Owner Before Previous Owner: APPLE BAKING COMPANY INC
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: FRANKLIN
  • Census Tract: 051301

Geography

  • District: 14
  • Parcel: 314 036
  • Municipality: FRANKLIN FIRE DISTRICT
  • Latitude: 35.7319
  • Longitude: -80.5525

    Address

  • Full Address: 380 Apple Rd
  • Address - House Number: 380
  • Address - Street Name: Apple
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Salisbury
  • Carrier Code: R001
  • 4-Digit Zip Code: 9402
  • Zip Code: 28147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,460
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 119:FRANKL

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $521,250
  • First Open Lien Mortgage Lender: PINNACLE BANK
  • First Open Lien Mortgage Recording Date: May 09, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $521,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $516,452
  • Market Land Value: $443,366
  • Market Improvement Value: $73,086

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $516,452
  • Assessed Land Value: $443,366
  • Assessed Improvements Value: $73,086

    Sales

  • Current Sale Contract Date: May 08, 2023
  • Current Sale Recording Date: May 09, 2023
  • Current Sale Transaction ID: 11906229107
  • Current Sale Price: $695,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Jan 30, 2020
  • Previous Sale Contract Date: Jan 27, 2020
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: May 09, 2023
  • First Mortgage Loan Amount: $521,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS & MERCHANTS BANK
  • Previous Mortgage Transaction Date: Jan 30, 2020
  • Previous Mortgage Loan Amount: $344,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Rowan



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Frequently Asked Questions

What neighborhood is 380 Apple Road located in?
The 380 Apple Road is a commercial located in the neighborhood of Rowan in Rowan, Salisbury.
What is the average sales price for listings in 380 Apple Road?
The average sales price for units in 380 Apple Road is $0 currently.

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