1748 S Martin Luther King Jr Ave, Salisbury, NC, 28144

$3,299,999

36 Bedrooms
24 Full Baths, 12 Partial
17,280 SqFt
$191/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

ParkingParking Lot, Parking Space(s)
Year BuiltNew Const., 2023
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #4084962
StatusActive

About 1748 S Martin Luther King Jr Ave

Don't Miss This Rare Opportunity! Located close to Salisbury's famous historic district and convenient to downtown, shopping, I-85 and several highways. A total of 12 new spacious townhomes, each comes with it's own lot and deed. Almost complete! Don’t miss your opportunity to own. Each unit is about 1440 sq ft, 2 stories, priced to sell and features granite countertops and shaker cabinets with soft close drawers in the kitchen and bathrooms, plus you'll find the laundry smartly located near the bedrooms on the 2nd level. Each unit has a wall dividing the back patios for added privacy. There are 3 buildings with 4 units each. You can buy anywhere from one unit up to all twelve. The individual units may be listed at a later date. Total sq ft and price will adjust as units sell. *Please note the HOA fees/CCRs are still being finalized and the HOA fee is estimated. Expected completion by the end of the year. Call and make your appointment today! More pictures to come

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 2
  • Living Area: 17,280 SqFt

Listing Office:

  • Office Name: Lantern Realty & Development LLC

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Water Heater
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 12
  • Full Bathrooms: 24
  • Total Bedroom Count: 36

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot, Parking Space(s)

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Salisbury High School, Public District Grades 9-12
  • Rowan County Early College, Public District Grades 9-12
  • Knox Middle School, Public District Grades 6-8
  • Koontz Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,299,999
  • Price Per SqFt: $191/SqFt

HOA Fees:

  • Amount: $65
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Salisbury, NC.

Med. Sold Price

$274.9K

Med. Price/SqFt

$169

Avg. Days On Market

48

# of Sold Homes

87

1748 S Martin Luther King Jr Ave vs Salisbury

151 DAYS ON ROCKET

+103 Days

$3,299,999

+$3.0M More

$191/SqFt

+$22 More

KEY TAKEAWAY

This property is $3.0M more than the Median Sold Price and $22/SqFt more than other homes in Salisbury, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4084962

Listing Office:

  • Office Name: Lantern Realty & Development LLC

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$16.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,960

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5947194
2
/10
  • Koontz Elementary School

  • 685 E Ritchie Rd

  • 1.83 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5947195
1
/10
  • Knox Middle School

  • 1625 W Park Rd

  • 2.41 miles

  • Public District Grades 6-8

High School

school-card-donut-5947196
1
/10
  • Salisbury High School

  • 500 Lincolnton Rd

  • 0.88 miles

  • Public District Grades 9-12

school-card-donut-5947197
6
/10
  • Rowan County Early College

  • 1333 Jake Alexander Blvd S

  • 0.94 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,633. The most common annual income of people living in Salisbury, NC is less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1748 S Martin Luther King Jr Ave

What is the listing price of this property?

The listing price of 1748 S Martin Luther King Jr Ave property is $3,299,999.

What type of property is this?

The property 1748 S Martin Luther King Jr Ave is a house located in Salisbury, North Carolina, 28144.

Is this property for sale now?

Active Listing: 1748 S Martin Luther King Jr Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1748 S Martin Luther King Jr Ave are:
Koontz Elementary School: GreatSchools Rating 2/10
Knox Middle School: GreatSchools Rating 1/10
Salisbury High School: GreatSchools Rating 1/10
Rowan County Early College: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 1748 S Martin Luther King Jr Ave has 36 bedrooms and 24 full and 12 half bathrooms.

What is the square footage of this property?

The property 1748 S Martin Luther King Jr Ave is 17,280 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1748 S Martin Luther King Jr Ave is 2023.
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Rocket HomesNorth CarolinaRowan CountySalisbury281441748 S Martin Luther King Jr Ave

This home is located at 1748 S Martin Luther King Jr Ave in Salisbury, NC and zip code 28144. This 17,280 square foot home was built in 2023. Features: 36 bedrooms, 36 bathrooms. It has been listed on Rocket Homes since December 05, 2023 and is currently priced at $3,299,999.

In April 2024 more than 19 listings in Salisbury, NC were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 40 were sold below. The number of homes for sale in Salisbury, NC increased by 8.4% between March 2024 and April 2024. Listings spent 48 days on the market in April 2024, and had a median list price of $274,966 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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