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625 North Main Street

625 North Main Street, Salisbury, NC 28144
625 North Main Street in Salisbury, NC was first built in 1967 and is 57 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. It is a single story home. 625 North Main Street has 4,964 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 132 ft and the linear feet between the front and back of the lot is 235. In total, the area measurement of the land is 31,015 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 wood. 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 central 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, 625 North Main Street was last sold in Jul 31, 2020 for $160,000. According to our calculations, that's $23.77 per sqft. Prior to that sales transaction, the property was sold for $165,000 in Oct 20, 2005. Current property owners are expected to pay $2,001 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 625 North Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $167,306. To break that down further, the land itself was valued at $96,307. While improvements to the property were assessed at a total of $70,999. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Building Quality: C+
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,015
  • Lot Size Depth Feet: 235
  • Lot Size Frontage Feet: 132
  • Total Building Area: 6,732
  • Gross Building Area: 6,732
  • Building Area: 6,732
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 4,964
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.712
  • Standard Land Use Code: Auto repair, auto parts, garage
  • Legal Description 1: MRS. R. R. WILIAMS DEC'D .68AC

Ownership

  • Current Owner : LAZO JOSE A MARTINEZ
  • Current Owner 2: LAZO KIM MARTINEZ
  • Previous Owner : SALISBURY TRANSMISSION SERVICES INC
  • Owner Before Previous Owner: WILLIAMS DANNY R
  • Owner Before Previous Owner 2: WILLIAMS SARAH D
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: CITY OF SALISBU
  • Census Tract: 052000

Zoning

  • Zoning: HB:HIGHWAY

Geography

  • District: 1
  • Parcel: 011 206
  • Municipality: CITY OF SALISBURY
  • Latitude: 35.6721
  • Longitude: -80.4631

    Address

  • Full Address: 625 N Main St
  • Address - House Number: 625
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NC
  • City Name: Salisbury
  • Carrier Code: C007
  • 4-Digit Zip Code: 3643
  • Zip Code: 28144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,001
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101:SALISB

    Market Valuation

  • Market Total Value: $167,306
  • Market Land Value: $96,307
  • Market Improvement Value: $70,999

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,306
  • Assessed Land Value: $96,307
  • Assessed Improvements Value: $70,999

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Transaction ID: 11776598018
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 20, 2005
  • Previous Sale Contract Date: Oct 20, 2005
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SALISBURY TRANMISSION SERVICE
  • First Mortgage Transaction Date: Aug 03, 2020
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 21
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 30, 2022

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CHARTER BANK
  • Previous Mortgage Transaction Date: Oct 20, 2005
  • Previous Mortgage Loan Amount: $212,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Downtown Salisbury



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Frequently Asked Questions

What neighborhood is 625 North Main Street located in?
The 625 North Main Street is a located in the neighborhood of Downtown Salisbury in Downtown Salisbury, Salisbury.
What is the average sales price for listings in 625 North Main Street?
The average sales price for units in 625 North Main Street is $0 currently.

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