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507 Park Ave, Salisbury, NC, 28144

4beds
1baths
0sqft
$127,500
--price/sqft
$1,072/moest. monthly cost
$42,880/yrincome needed

About This Home

The 1907 Fisher-Tutterow House is the perfect project for a historic home lover! The home features 4 fireplaces, 10' ceilings, hardwood floors, and double-dutch wood siding. Currently owned by Historic Salisbury Foundation, a 2024 stabilization included wood-siding restoration, new roof, exterior paint, foundation repairs, and more. As a part of the North Long-Park Avenue National Historic District, this property is eligible for State Historic Preservation Tax Credits, which enables the new owner to recoup 15%+ of renovation costs. Easy walk to historic and thriving downtown Salisbury NC, you'll find breweries, coffee shops & bakeries, fabulous restaurants ranging from taquerias to fine dining, and shopping! Extensive renovation is required, including HVAC, electrical, plumbing, flooring, kitchen & bath. 2132 sq. ft (no HVAC). Home protected by Historic Salisbury Foundation's covenants.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

--
Knox Middle SchoolGrades 6-81.6 mi
3/10
Salisbury High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Crawl Space
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None
  • Laundry features: Inside,Main Level

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Features

  • Attic Other
  • Flooring: Tile,Linoleum,Wood
  • Fireplace features: Living Room,Primary Bedroom,Other - See Remarks
  • Attic: Other
  • Finished area below ground: 0
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 0

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Property

Accessibility

  • Accessibility features: Two or More Access Exits,Accessible Hallway(s)

Details

  • Parcel number: 016072
  • Zoning: sfr
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Front Porch,Wrap Around

Lot

  • Lot size: 0.25 Acres

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Rowan County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $644$7,728
Home Insurance *$76$912
Property Taxes $152$1,824
Electricity $200$2,405
Total$1,072$12,864
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$36,754/yr
40% on housing$32,160/yr
45% on housing$28,586/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 6.8%
6.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 28144$131
Rowan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 28144$171
Rowan County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-21Listed for sale$127,500
2026-01-13Listing removed$139,900
2025-09-30Price change$139,900
2025-08-15Price change$144,900
2025-05-30Price change$149,900
2025-01-31Listed for sale$160,000
2024-05-14Sold$92,500
2023-10-13Sold$87,270

For Sale by Agent

AgentStephen Scott
BrokerageRealty Dynamics Inc.

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