NOT LISTED FOR SALE

1005 Town Branch Rd Graham, NC 27253

Estimated Value: $204,000 - $276,000

4 Beds
2 Baths
-- Sq Ft
0.58 Acres

Last Sold October 01, 2020

Last sale price $107,000

Est. 120% increase in value since last sale

Current estimated payment $1,298/month

4 Days on Market

Highlights

  • Cooling Available
  • 1-Story Property
  • 1-minute walk to Bill Cooke Park
  • Forced Air Heating System

About This Home

As of October 2020

Rare investment opportunity with this duplex. Two bedrooms & one bathroom on each side. Conveniently located with quick access to I-40. Hardwood Floors. New roof in 2013. Duplex is being sold AS IS. Weekend appointments for showings are preferred. Owner & tenants will be present for showings. All appliances at 1007 DO NOT CONVEY, they belong to the tenant. Both units are currently being rented on a month to month basis. Verify school district.

Last Agent to Sell the Property

Hannah Bason

NorthGroup Real Estate, Inc. License #315292 Listed on: 08/05/2020

NorthGroup Real Estate, Inc.

Last Buyer's Agent

Susan Hester

EXP REALTY OF PIEDMONT NC LLC License #318052

EXP REALTY OF PIEDMONT NC LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $811

Year Built

  • 1950

Lot Details

  • 0.58

Home Design

  • Duplex
  • Aluminum Siding

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 1-Story Property
  • 0.58 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 8884754572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$811

Year Built

1950

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.58
  • Directions: From I-40- Turn right onto NC-54/E Harden St- Turn right onto Riverbend Rd- Turn left onto Teer Rd- Turn left onto Town Branch Rd- Duplex is on the left.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Construction Type: Aluminum Siding

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 25091.0
  • Parcel #: 8884754572
  • Zoning Description: RES

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Pareek Abhishek and Pareek Renuka
Bought by
Elmay Properties Llc
Current Estimated Value
$235,000

Purchase Details

Listed on
Aug 5, 2020
Closed on
Oct 1, 2020
Sold by
Aibright Donald Alexander and Aibright Elizabeth Edgerton
Bought by
Pareek Abhishek and Pareek Renuka
Seller's Agent
Hannah Bason
NorthGroup Real Estate, Inc.
Buyer's Agent
Susan Hester
EXP REALTY OF PIEDMONT NC LLC
List Price
$120,000
Sold Price
$107,000
Premium/Discount to List
-$13,000
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%
Original Mortgage
$80,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1990
Bought by
Albright Donald Alexander
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
Elmay Properties Llc $160,000 None Available
Pareek Abhishek $107,000 None Available
Albright Donald Alexander -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pareek Abhishek $80,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $107,000 -10.8% --
08/09/2020 08/09/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $120,000 -- --
Source: Alamance Multiple Listing Service

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
2025 $811 $164,172 $34,464 $129,708
2024 $770 $164,172 $34,464 $129,708
2023 $709 $164,172 $34,464 $129,708
2022 $857 $77,744 $23,640 $54,104
2021 $863 $77,744 $23,640 $54,104
2020 $872 $77,744 $23,640 $54,104
2019 $875 $77,744 $23,640 $54,104
2018 $0 $77,744 $23,640 $54,104
2017 $449 $77,744 $23,640 $54,104
2016 $864 $83,482 $23,640 $59,842
2015 $482 $83,482 $23,640 $59,842
2014 -- $83,482 $23,640 $59,842
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Hannah Bason

    NorthGroup Real Estate, Inc.

    (336) 269-0629

    7 in this area

    74 Total Sales

    Hannah Bason
    Section Image

  • S

    Buyer's Agent in 2020

    Susan Hester

    EXP REALTY OF PIEDMONT NC LLC

    (336) 260-0051

    1 in this area

    8 Total Sales

    Susan Hester
    Section Image
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Map

Source: Alamance Multiple Listing Service

MLS Number: 109493

APN: 147564

North Carolina Alamance County Graham 27253

1005 Town Branch Rd, Graham, NC

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