April 03, 2020

Another vintage home sold by Realtor® Greg Rapp | Wallace Realty!

How cute is this circa 1905 home in the West Square Neighborhood of Salisbury, North Carolina? Too cute! In fact so cute that when Realtor® Greg Rapp of Wallace Realty was sought out to help a client find a new home, he knew this would be the one . . . and the client snatched this one up in a heartbeat! Another vintage home sold by Greg Rapp!

This amazing 1,682 square foot, 2-story home has the best of old and new: a spacious open floor plan on main level let's folks move freely within the kitchen, dining, and living rooms with great views of the open kitchen with granite countertops, pantry, and all modern appliances. The living room with cozy fireplace is just perfect for chilly evenings.

The home's 3 spacious bedrooms are on the 2nd floor, including the master suite with walk-in closet and tile bathroom.

A beautiful deck overlooks the deep back yard.

The best part? The new home owner can now easily walk just a couple of blocks to Historic Downtown Salisbury and all of its unique shops, local restaurants, the fantastic farmers' market during the summer, top notch entertainment at the Meroney and Norvell Theaters, and so much more.

Are you ready to find that new home of your own? Give Greg Rapp a call with your wish list: 704.213.6846. Let's do this!

Photos: Mechelle Kuld / TMR Realty Inc.

Greg Rapp 
Wallace Realty Co. 
704 213 6846 Mobile 
704 636 2021 Office 

March 24, 2020

SOLD ~ in the beautiful Oakview Commons Neighborhood ~ by Greg Rapp

Oakview Commons in Salisbury, North Carolina is a neighborhood development that delights the senses with rolling, hilly streets, luscious terrains, and beautiful higher-end homes. Realtor® Greg Rapp with Wallace Realty recently listed one Oakview Commons home ~ the beautifully appointed ranch-style home at 105 Oakview Drive. Greg listed this all-brick home on January 14th, 2020 . . . and by Valentine's Day it was under contract . . . and by March 19th, this gorgeous property is home to new owners! That's how it's done with Greg Rapp!

The 2,406 square foot home's interior is bathed in warm neutral shades with a sprawling living room a vaulted ceiling and fireplace and mega-room for plush furniture, an open and airy kitchen with breakfast room, and large picture window filling the spaces with natural light. Who could resist?

Oakview Commons is located convenient to shopping, I-85 access, and Salisbury's downtown amenities such as theaters, unique shops, restaurants, galleries, and nightlife. Ready for Greg Rapp to find you your dream home in Salisbury NC? Let's get the ball rolling by calling Greg Rapp with your wish list: (704) 213-6846. Salisbury is sure to have the beautiful home that is YOURS to love!

Greg Rapp 
Wallace Realty Co. 
704 213 6846 Mobile 
704 636 2021 Office 

March 12, 2020

Sold by Greg Rapp ~ Someone's Dream Home near the Stanback Educational Park!

Greg Rapp with Wallace Realty closes the deal this fabulous circa 1976 single-story three-bedroom ranch. brick ranch with 3 bedrooms/2 baths 1810 sf fireplace in family room.

This wonderful brick ranch in the North Main Neighborhood of Salisbury, North Carolina sits on nearly half and acre with a 185' depth and beautiful mature trees.

The home's interior was in wont of some cosmetic updating . . . so keep your eyes on the market because the new owner has every intention of sprucing the place up for re-sale!

This heavily treed neighborhood leads right to the Spencer Woods with its wonderful Stanback Trail for hiking and outdoor activities. The Spencer Woods were saved from being leveled by contractors by an active community just a few years ago and, with the generous donation of the Stanback Family, was outfitted with nature trails and picnic areas.

The moral of the story: Find YOUR new home with Greg Rapp / Wallace Realty. He can find what you're looking for! 704.213.6846.

Greg Rapp 
Wallace Realty Co. 
704 213 6846 Mobile 
704 636 2021 Office 

Mortgage Rates lowest now since December 2012!

While a possible pandemic is causing alarm (and fear mongering) throughout the U.S. - not all news is bad news!

As economic uncertainty about the coronavirus drives down interest rates, house hunters are applying for mortgages at a level not seen in more than a decade. U.S. mortgage rates fell to the lowest levels in eight years last week, according to official data published Wednesday, while refinancing spiked following the Federal Reserve's emergency interest rate cut.

The Fed slashed its benchmark lending rate by 50 basis points, to a range of 1% to 1.25%, on March 3, citing "evolving risks to economic activity" from the coronavirus.

For the week ending March 6, mortgage loan applications rose 55.4% as compared to a week earlier, reaching their highest number since April 2009, according to the Mortgage Bankers Association's weekly survey.

Homeowners are flocking to take advantage of lower interest rates. Refinancing applications jumped 79% week over week, the biggest weekly jump since November, 2008. The volume of refinance applications was also the highest in nearly 11 years.


As the mortgage business continues to try to deal with the repercussions of interest rates hitting an all-time low last week, it appears that some lenders are inflating their advertised mortgage rates to try to stem the tidal wave of mortgage applications they’re receiving. 

A review of the top mortgage rate comparison sites (LendingTree, Bankrate, Zillow, Credit Karma and several others) shows lenders advertising rates well above the all-time low that rates fell to just last week. 

Some lenders may be keeping their mortgage rates above where they could be in an effort to control the demand for mortgages.

Put simply, many lenders are so busy right now trying to process the loan applications they’ve already received that they’re pushing their interest rates well above the prevailing market rate so they can actually deliver on the loans they already have in their pipeline. 

What does this mean?

The timing, with the annual Spring housing market literally opening its doors right now, could not be better to list your home for sale. List with Real Estate expert Greg Rapp, and get the ball rolling in the right direction. Call 704.213.6846.





Greg Rapp Realtor®
Wallace Realty

January 18, 2020

Ranch Living at its Best! 2400+ Square Foot Brick Ranch for Sale!

This is ranch living at its very best in a pretty, rolling neighborhood with winding roads and gorgeous homes! This beautiful brick ranch offers a fantastic floor plan that makes its 2,406 square feet feel even more spacious! Welcome to 105 Oakview Drive, in Salisbury, North Carolina ~ offered by Greg Rapp with Wallace Realty!

Bathed in warm neutral shades, the sprawling living room has room for plush furniture and more, featuring a vaulted ceiling and fireplace, with large picture window filling the space with natural light.

French doors off the entry hall lead to the attractive dining room, again in soothing neutrals, complete with crown molding and chair rail trim. Handsome wood floors connect the spaces.

The kitchen's sophisticated neutral beige colors help to create a warm, welcoming feeling. Plenty of cabinets extend to the work peninsula that overlooks a breakfast room where another large picture window continues that natural daylight feel. A large laundry room with utility sink completes the efficiency of this fine home.

105 Oakview Drive, located in a quiet subdivision yet close to thriving Salisbury North Carolina shopping areas, offers 3 bedrooms on its main level with 2 full bathrooms. A new owner's suite includes private shower and large dual closets. But wait, you say . . . this is a ranch! Isn't it all 'main level'? Surprise! A small staircase hidden behind a doorway leads to a bonus room over the garage, set up as its own suite complete with full bath.

Master Suite

Master Suite

Bonus Room over Garage
Outdoor enjoyment areas include a deep rocking chair front porch at the home's welcoming entry, and a small rear deck off the living room. 

The over-sized side-load garage, accessed via a concrete drive, provides a nice storage closet.

A 12' x 20' storage shed conveys.The brick and vinyl siding translate to low maintenance here!

105 Oakview Drive is located convenient to shopping, I-85 access, and Salisbury's downtown amenities such as theaters, restaurants, galleries, and nightlife. See this wonderful home for yourself by calling Greg Rapp for your private showing: (704) 213-6846. This pretty ranch can be YOURS to love!

105 Oakview Drive
Salisbury NC 28146

Greg Rapp 
Wallace Realty Co. 
704 213 6846 Mobile 
704 636 2021 Office 

January 15, 2020

1920's Bungalow Charm ~ Close to Everything!

You're looking for that quaint and charming house that has all of the 1920's charm one can think of: oak floors, the cozy kitchen that quickly fills with cooking aromas, large sun-bathed windows, butler's pantry, and spacious rooms. The typical charming bungalow - the perfect palette to add your own unique style to make it more 'you'. Look no further!

Greg Rapp with Wallace Realty has just listed this spacious 2-story Arts and Crafts bungalow in the West Square Historic District of Salisbury, North Carolina, and just a stone's throw from the vibrant downtown shops and restaurants! Wait until you see what is in store in this wonderful 2,546 square-foot home!

Welcome to 115 W. Thomas Street!

Right off the bat - your favorite room might be the living room. It’s the space you will relax on your giant comfy couch and to simply live your best life. This room has nearly floor-to-ceiling windows that frame the fireplace - the room's focal point - giving you that ideal natural light we love so much. This might be everyone’s favorite room! Beautiful narrow-strip oak flooring unite the living and dining rooms. Those floors are gorgeous!

The kitchen is updated with tons of warm honey-hued cabinets and a pretty tiled floor. The adjacent butler's pantry with built-in china cabinet could be a cozy breakfast room. You'll find a laundry room conveniently located off the kitchen.

115 W. Thomas Street may look like a compact bungalow, but within its +2450 square feet, this circa 1922 home offers 5 - yes FIVE!! - bedrooms and 3 full bathrooms! No early morning fighting over sink and mirror space in this home! And . . . you will be even more delighted with the plethora of storage space and closets this home provides!

In true Arts and Crafts style, 115 W. Thomas Street is graced with a deep rocking-chair front porch. Picture your rocking chairs and summer flowers spilling over this welcoming entryway.  Your mint julep is calling!

A small back porch leads to nice level yard perfectly suited for gardening, entertaining, and recreation ~ wonderfully surrounded with privacy fencing.

Conveniently located in a central neighborhood of Salisbury NC ~ this home has close proximity to Salisbury's award winning downtown,  where you will find yourself delightfully close to a town center chock full of restaurants, breweries, small shops and more. Easy access to Interstate-85 and the beautiful historic Amtrak station at the Salisbury Depot make the location of this home just perfect for the travel-minded.

Photograph by Larry Braun

The original state of the house is very basic - a perfect canvas for your mind to run wild and your design concepts to become a reality. This house is in good general repair, yet needing some light TLC ~ mostly in the repainting of both exterior and interior spaces. (This house will likely not qualify for FHA or VA loans because of needed paint.) The front roof was replaced in 2015 and the rear roof in 2019.

Homes such as 115 W. Thomas Street located in the West Square Historic District are subject to City oversight and guidelines for exterior improvements, and are eligible for grant monies. Information can be found on the City of Salisbury's website at https://salisburync.gov/Government/City-Council/Boards-and-Commissions/Historic-Preservation-Commission.

Come see this circa 1922 Arts and Crafts home for yourself! Call Realtor® Greg Rapp at 704.213.6846 to take the steps toward making this YOUR charming house with all the 1920's charm one can think of! 115 W. Thomas Street in beautiful historic Salisbury, North Carolina.

115 W Thomas Street
Salisbury NC 28144
CMLS #3582250

Greg Rapp 
Wallace Realty Co. 
704 213 6846 Mobile 
704 636 2021 Office 

#OldHouseGuy #RealEstateSalisbury #SellingSalisbury #HomesForSale #GregRappRealtor #RealEstate #ListWithMe #SalisburyNC #LoveMyJob #OldHouses #HistoricHouses

January 02, 2020

The Cutest NOMA Home ~ SOLD by Greg Rapp

In the North Main Neighborhood of Salisbury, North Carolina, you'll find this charmer on a nearly .5 acre (.43) fenced lot!!!  This 1,893 square foot, circa 1948, 1.5 story brick home offered features galore!  Realtor Greg Rapp listed this home for sale in October 2019 . . . and now it is home to new owners!

The buyers were most impressed by the open floor plan, natural light, and spacious rooms at 215 W. 12th Street.  The large dining room and living room flow into one another with attractive arched doorways with bright hardwood moldings and beautiful hardwood floors, glossed to a high sheen!  A picture window in the living room streams natural daylight, while a beautiful gas fireplace in the connected dining area enhances these open and airy rooms.

215 W. 12th Street is just blocks from downtown Salisbury's unique shopping, fun and varied restaurants (Italian, Thai, Vietnamese, Pizza, and sandwich shops!), two community theaters, and soon to come . . . a downtown central park! Closer to the home, the beautiful Hurley Park and City Park are great for leisurely walks. Greg Rapp listed this NOMA home on October 10th, 2019 . . . and by November 1st, it was under contract!

Is it time to put your house on the market?  Call Realtor® Greg Rapp to learn about his excellent services in the Salisbury/Rowan County area! 704.213.6846 - call or text today!

215 W. 12th Street
Salisbury NC 28144
CMLS #3558852

Greg Rapp 
Wallace Realty Co. 
704 213 6846 Mobile 
704 636 2021 Office 

#OldHouseGuy #SellingSalisbury #SalisburyNC #RealEstateSalisbury #LoveMyJob #ListWithMe #GregRappRealtor #HomesForSale #RealEstate #ListWithGregRapp

December 31, 2019

Showcase ca. 1912 Queen Anne in Spencer NC ~ Sold by Realtor Greg Rapp!

The beautiful Queen Ann style home, originally built in the heart of the Spencer North Carolina Historical District for banker J.K. Dorsett, has long been a jewel along the sidewalks of Spencer, North Carolina. Featured as a show-case home in the Historic Salisbury Foundation annual OctoberTour of historic homes in 2018, this home is full of character and unique charm, taking you back in time.

When this immaculately kept home hit the market this fall, Realtor Greg Rapp knew just the buyer who would appreciate this circa 1912 homes many original features: The covered, wrap around porch, the double oak doors that lead into two beautiful parlors, (5) original fireplaces and original pocket doors, and restored heartwood pine floors throughout. This stately home has been featured in Spencer's Christmas Home Tours and over looks Spencer's Historic Library and Library Park, where many cultural community events are held.

Today this wonderful home is sold, right in time for the Christmas holidays!

Greg Rapp, with Wallace Realty, is known as the area's premiere agent for the sales and marketing of historic and older properties. If a glorious Queen Anne style home is on your wish list, contact Greg at 704.213.6846 to make it happen for YOU in 2020! Have an older home you are considering selling? Greg Rapp is the agent to call!

Greg Rapp 
Wallace Realty Co. 
704 213 6846 Mobile 
704 636 2021 Office