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Sold on 07/05/2023

312 Barbour St, Salisbury, NC 28144

$126,000

Last sold 07/05/2023 for $110K

  • 3

    bed

  • 2

    bath

  • 1,222

    Sqft ($90/Sqft)

House not for sale
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About 312 Barbour St

Property type House
Year built 1956
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Charming As-Is Investment Opportunity: Traditional 3-Bedroom Ranch with a Proven Cash Flow Discover this hidden gem nestled on a .14-acre lot, boasting a quaint 1,222 sqft traditional ranch-style home built in 1956. This 3-bedroom, 1.5-bathroom property offers a proven track record of generating a steady cash flow of $1,000 per month over the past three years. Featuring a cozy backyard that is perfect for relaxation or entertaining guests, the home sits on a decently sized lot with a nice lawn. While this home requires some TLC, the foundation is solid, and the potential for improvement is limitless. Recommended upgrades include a fresh coat of paint, roof replacement, and attention to uneven flooring. This property presents an excellent opportunity for investors or DIY enthusiasts looking to transform a house into a dream home. Its potential and proven cash flow make it a unique and valuable find. Don't miss out on the chance to capitalize on this promising investment opportunity!
Listed by
Listing Agent - Matt Stevens
Listing Agent Contact: Matt@stalwartandwise.com
Listing Office - Stalwart & Wise Real Estate Group
Source: Canopy MLS mls logo
MLS#4022594 • last updated 3 years ago
Movoto checked Canopy MLS for data 20 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating Central
Levels/Style One, Traditional
SubType Single Family Residence
MLS # 4022594
Status Closed
SqFt 1222
Interior
Total # of Bathrooms 2
# Full Baths 1
# Half Baths 1
Total # of Bedrooms 3
Laundry In Kitchen
Exterior
Foundation Crawl Space
Construction Site Built, Asbestos
Parking Driveway
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source City
Location
Waterfront None
County Rowan
Subdivision None
Middle School Unspecified
Elementary School Unspecified
High School Unspecified
APN 25 29
Lot/ Land Details
Road Responsibility Publicly Maintained Road
$126K
Range: $109K-$142K
Last 30 days 
Rental est.: $1,406/month
Gross rent multiplier: 6.5 - Great
Powered By Movoto
  • Jul 2023
    MLS # 4022594
  • Jul 5, 2023 Sold
    $110,000
  • May 19, 2023 Active
    —
  • May 17, 2023 Price Change
    $109,997 (-8.3%)
  • Apr 21, 2023 Listed
    $119,997 (+700.0%)
  • Jun 2023
    Public Records
  • Jun 20, 2023 Sold
    $110,000
  • Nov 2016
    MLS # 3223405
  • Nov 14, 2016 Sold
    $15,000 (+50.0%)
  • Oct 19, 2016 Under Contract-No Show
    —
  • Oct 14, 2016 Listed
    $10,000
  • Year Property taxes Tax assessment
  • 2025
    $435
    $68,516
  • 2024
    $435
    $68,516
  • 2023
    $435 +53.1%
    $68,516 +66.99%
  • 2022
    $284
    $41,029
  • 2021
    $284 +3.9%
    $41,029 +3.92%
  • 2020
    $273 -3.8%
    $39,482 -3.77%
  • 2019
    $284 +7.6%
    $41,029 +8.39%
  • 2018
    $264 +1.5%
    $37,852
  • 2016
    $260 -1.6%
    $37,852
  • 2015
    $264
    —
  • 312 Barbour St
    $110K
  • —
  • 28144
    $280K -4% y/y
  • Salisbury
    $328K -2% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
310 Barbour St, Salisbury, NC 28144 $184,000 —/1 798 0.01
1216 Butler St, Salisbury, NC 28144 $230,000 3/2 1,350 0.03
1210 Butler St, Salisbury, NC 28144 $186,000 3/1 1,087 0.03
1140 Butler St, Salisbury, NC 28144 $176,000 —/1 664 0.04
1200 Butler St, Salisbury, NC 28144 $195,000 —/1 1,088 0.04
1143 Barbour St, Salisbury, NC 28144 $112,000 —/1 752 0.04
1215 Butler St, Salisbury, NC 28144 $45,000 —/— — 0.05
305 Barbour St, Salisbury, NC 28144 $119,000 2/1 650 0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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1/10
E Hanford Dole Elementary School
public Grades PK, K-5
Rowan-Salisbury School District
4/10
North Rowan Middle School
public Grades 6-8
Rowan-Salisbury School District
2/10
North Rowan High School
public Grades 9-12
Rowan-Salisbury School District
Source: GreatSchools.org © 2026. All rights reserved.

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