NOT LISTED FOR SALE

1003 Timber Dr Garner, NC 27529

Garner Area

Estimated Value: $346,000 - $409,000

Studio
3 Baths
2,016 Sq Ft
$188/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2022

Last sale price $380,000 $188 Per Sq Ft

Current estimated payment $2,421 / mo

4 Days on Market

About This Home

As of September 2022

Well-maintained duplex to be sold with a triplex two doors down (5 units altogether). See MLS # 2468632 for info on the triplex. Fully leased with long-term tenants. Ideal for investment portfolios and 1031 tax exchange. Serious inquiries only; showings will be limited due to tenants. Please do not disturb tenants; reach out to the listing broker for showing information. Lease info available upon request.

Last Agent to Sell the Property

Joel Tate

Tate & Company, Inc. License #167577 Listed on: 08/15/2022

Last Buyer's Agent

Jill Flink

Berkshire Hathaway HomeService License #104314

Berkshire Hathaway HomeService

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,585

Year Built

  • Built in 1984

Lot Details

  • 12,000 Sq Ft Lot
  • Lot Dimensions are 80' x 172.32' x 84.91' x 143.86'

Parking

  • 3 Parking Spaces

Home Design

  • Slab Foundation
  • Masonite

Flooring

  • Carpet
  • Vinyl

Schools

  • Aversboro Elementary School
  • East Garner Middle School
  • Garner High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

Overview

  • 2 Units
  • Heather Ridge Subdivision

Building Details

  • Gross Income $1,970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,585

Year Built

Built in 1984

Lot Details

0.28 Acres

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Income
  • Subdivision Name: Heather Ridge
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Lot Size Dimensions: 80' x 172.32' x 84.91' x 143.86'
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Well-maintained duplex to be sold with a triplex two doors down (5 units altogether). See MLS # 2468632 for info on the triplex. Fully leased with long-term tenants. Ideal for investment portfolios and 1031 tax exchange. Serious inquiries only; showings will be limited due to tenants. Please do not disturb tenants; reach out to the listing broker for showing information.
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • General Property Information Lot Size Square Feet2: 12000.0
  • General Property Information Lot Size Acres: 0.2755
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl

Exterior Features

  • Acres: 0.28
  • Construction Type: Masonite
  • Foundation Details: Slab
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Information:Parking Total: 3.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes

Schools

  • Ninth Grade High School: Wake - Garner
  • Middle Or Junior School: Wake - East Garner

Lot Info

  • Zoning: MF-1
  • Lot Dimensions: 80' x 172.32' x 84.91' x 143.86'
  • Lot Size Sq Ft: 12000.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2585.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1970.0

MLS Schools

  • Elementary School: Wake - Aversboro

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Flink Jill
Bought by
Current Estimated Value
$379,683

Purchase Details

Listed on
Aug 15, 2022
Closed on
Sep 19, 2022
Sold by
Blanton Thomas A and Blanton Katharine J
Bought by
Luviano Izcander Flores and Flink Jill
Seller's Agent
Joel Tate
Tate & Company, Inc.
Buyer's Agent
Jill Flink
Berkshire Hathaway HomeService
List Price
$370,000
Sold Price
$380,000
Premium/Discount to List
$10,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.02%
Original Mortgage
$304,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 1983
Bought by
James Arthur A and James Elsie T
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Garner, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Luviano Izcander Flores $380,000 --
James Arthur A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $304,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $380,000 -- --
09/20/2022 09/20/22 Sold $380,000 +2.7% $188 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $370,000 -- $184 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,913 $373,451 $120,000 $253,451
2024 $3,900 $373,451 $120,000 $253,451
2023 $2,830 $217,256 $50,000 $167,256
2022 $2,585 $217,256 $50,000 $167,256
2021 $2,456 $217,256 $50,000 $167,256
2020 $2,424 $217,256 $50,000 $167,256
2019 $2,215 $169,797 $40,000 $129,797
2018 $2,055 $169,797 $40,000 $129,797
2017 $1,988 $169,797 $40,000 $129,797
2016 $1,964 $169,797 $40,000 $129,797
2015 $2,059 $178,392 $48,000 $130,392
2014 $1,963 $178,392 $48,000 $130,392
Source: Public Records

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Map

Source: Doorify MLS

MLS Number: 2468628

Doorify MLS

APN: 1710.14-24-5563-000

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