NOT LISTED FOR SALE

100 Excelsior Dr Connelly Springs, NC 28612

Estimated Value: $558,000 - $611,719

4 Beds
2 Baths
4,692 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $365,000 $78 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,233/month

127 Days on Market

About This Home

As of July 2020

ATTENTION INVESTORS: Wonderful opportunity to own two duplexes in Rutherford College. Located moments from Carolina Healthcare System Blue Ridge-Valdese, and the wonderful town of Valdese with great restaurants and local amenities just minutes away. One unit was owner occupied and upgraded with fireplace, custom features including hardwood floors, and granite tops. Two units have sunrooms. Ideal for living or renting, each residence boasts two bedrooms, one bath, living room, kitchen, bonus room, and laundry. Enjoy privacy with fenced back yard. It is occupied with long time tenants. All leases are month to month.

Last Agent to Sell the Property

Debbie Wilson

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #148316 Listed on: 02/04/2020

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Last Buyer's Agent

Jon Boyles

Boyles Realty Group License #284908

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • 0.32

Basement

  • Crawl Space

Listing and Financial Details

  • Tenant pays for cable, electricity, water
  • Assessor Parcel Number 2753080924

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Fourplex
  • Ratio Close Price By List Price: 0.91273
  • Ratio Close Price By Original Li: 0.91273
  • Ratio Current Price By Acre: 1140625.00
  • Ratio Current Price By Sq Ft: 77.79
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Laundry Location: Main
  • Total Sq Ft: 4692

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Valdese
  • Middle School: Heritage
  • High School: Jimmy C Draughn

Lot Info

  • Lot Size Area: 0.320
  • Parcel Number: 2753080924
  • Zoning Specification: RC

Rental Info

  • Tenant Pays: Cable, Electricity, Water

Tax Info

  • Tax Value: 274651.00
  • Tax Location: Burke

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Jul 20, 2020
Sold by
Adams Donald and Adams Helly
Bought by
Hagy Christopher Matthew and Hagy Michelle Patton
Seller's Agent
Debbie Wilson
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
Jon Boyles
Boyles Realty Group
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%
Current Estimated Value
$543,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,900
Avg. Annual Appreciation
8.64%
Original Mortgage
$273,750
Outstanding Balance
$245,965
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$309,544
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hagy Christopher Matthew $365,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagy Christopher Matthew $273,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $365,000 -8.7% $78 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $399,900 0.0% $85 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $399,900 -- $85 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,056 $406,556 $12,800 $393,756
2023 $2,968 $406,556 $12,800 $393,756
2022 $2,443 $274,651 $9,600 $265,051
2021 $2,425 $274,651 $9,600 $265,051
2020 $2,413 $274,651 $9,600 $265,051
2019 $2,413 $274,651 $9,600 $265,051
2018 $2,390 $271,709 $9,600 $262,109
2017 $2,466 $282,046 $9,600 $272,446
2016 $2,381 $282,046 $9,600 $272,446
2015 $2,372 $282,046 $9,600 $272,446
2013 $2,387 $255,080 $9,600 $245,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3589030

Canopy MLS (Canopy Realtor® Association)

APN: 9890