Salisbury · Salisbury, NC
514 Idlewood Drive
Salisbury, NC · 2,320 sqft
$315,000
Reduced from $410,000
- 3Beds
- 2Baths
- 2,320SqFt
- 1972Year
- 127Days on market
About this home
ATTENTION INVESTORS & BUILDERS: Rare opportunity to acquire an all-brick ranch in a high-demand pocket where new homes are fetching $500k+. This property offers the perfect 'bones' for a luxury renovation or an addition. Situated on a prime lot with significant ARV (After Repair Value) potential. The seller’s financial situation requires a price that reflects the neighborhood ceiling rather than current condition. Bring your contractors and see the vision!
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 2,320
- Lot
- —
- Year built
- 1972
- Type
- Single Family
- Days on market
- 127
- Heating
- Forced Air
- Cooling
- Central Air
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,318/ month
- Principal & interest
- $1,950
- Property tax (~1.05%)
- $275
- Homeowners insurance
- $91
- HOA dues
- —
Down payment
$15,750 down · $299,250 financed
Income to qualify (28% rule)
~$99,360 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.