520 Faith Road

520 Faith Road has been categorized by the local assessors in Salisbury, NC as a office type of property. The building on the property was first built in 1929 and is 95 years old. However, we must point out that the home was most recently renovated and altered in 2000. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 520 Faith Road has 1,519 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 200 ft and across the front of the lot is 110 ft. The area measurement of the land has been determined as 21,998 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 wood. 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, 520 Faith Road sold most recently in Nov 18, 2022 for a total of $350,000. If you work out the math, that's approximately a cost of $232.71 per sqft. 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 $2,878 in taxes each year. The initial year of tax delinquency occurred in 2018. 520 Faith Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $240,661. If we break it down further, the land itself was valued at $127,050. Improvements to the property, however, were assessed at a total of $113,611. 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.