$150,400
SOLD MAY 7, 2025

1008 Morven Rd Wadesboro, NC 28170

-- Bed
-- Bath
2,371 Sq Ft
0.36 Acres

Recently Sold

$63 Per Sq Ft

9% Below List Price

95 Days on Market

Highlights

  • Corner Lot
  • Laundry closet
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch
  • Detached Carport Space
  • Privacy Fence

About This Home

As of May 2025

This well-maintained, turn-key duplex offers a fantastic investment opportunity with tenants already in place. Both units are fully furnished for added convenience. Unit 1 features a 1-bedroom, 1-bath layout with a 2015 gas pack HVAC, a laundry room with washer and dryer, a fully equipped kitchen, refinished hardwood floors, and high ceilings. The unit also includes a private covered front porch. Unit 2 offers 2 bedrooms and 1 bath, with a 1996 gas pack HVAC, a laundry closet with washer and dryer, a spacious eat-in kitchen, and a large living room with high ceilings. Both units enjoy covered parking and separate storage in an outbuilding. The property is ideally located within walking distance to Wadesboro City Park and is close to grocery stores, restaurants, and pharmacies, making it a great choice for investors seeking a low-maintenance, income-producing property.

Last Agent to Sell the Property

Dru Anderson

Anderson Real Estate Brokerage Email: dru@andersonrealestate.org License #289625 Listed on: 12/30/2024

Co-Listed By

Carroll Anderson

Anderson Real Estate Brokerage Email: dru@andersonrealestate.org License #100968

Last Buyer's Agent

Dru Anderson

Anderson Real Estate Brokerage Email: dru@andersonrealestate.org License #289625 Listed on: 12/30/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11

Year Built

  • Built in 1950

Lot Details

  • Privacy Fence
  • Corner Lot

Parking

  • Detached Carport Space

Home Design

  • Duplex
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,371 Sq Ft Home
  • Crawl Space
  • Electric Range
  • Laundry closet

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance
  • Assessor Parcel Number 647420809795

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Road Surface Type: Asphalt, Dirt, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: dru@andersonrealestate.org
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Appliances: Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
  • Owner Pays: Exterior Maintenance
  • Above Grade Finished Sq Ft: 2371
  • Basement YN: No
  • Living Area: 2371

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Fencing: Privacy
  • Construction Type: Vinyl
  • Other Structures: Other - See Remarks
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Detached Carport

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet, Laundry Room
  • Cooling: Central Air, Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.36
  • Lot Size Units: Acres
  • Parcel Number: 647420809795
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-10

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
May 7, 2025
Sold by
Seigler William Wyatt and Seigler Deborah Ann
Bought by
Anderson Real Estate Llc
Seller's Agent
Dru Anderson
Anderson Real Estate
Buyer's Agent
Dru Anderson
Anderson Real Estate
List Price
$165,000
Sold Price
$150,400
Premium/Discount to List
-$14,600
-8.85%
Views
83
Current Estimated Value
$153,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,335
Avg. Annual Appreciation
1.93%

Purchase Details

Closed on
Dec 6, 2017
Sold by
Seigler William Wyatt and Parks Seigler Deborah Ann
Bought by
Seigler William Wyatt and Seigler David Lee

Purchase Details

Closed on
Aug 27, 2014
Sold by
Seiger William Wyatt and Seigler Geraldine W
Bought by
Seigler William Wyatt and Seigler William Wyatt

Purchase Details

Closed on
Aug 14, 2014
Sold by
Seigler William Wyatt and Seigler Deborah Ann
Bought by
Seigler William Wyatt and Seigler Geraldine W
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $150,500 None Listed On Document
Gift Deed -- None Available
Warranty Deed $1,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $150,400 -8.8% $63 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
12/30/2024 12/30/24 For Sale $165,000 -- $70 / 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 $11 $86,200 $0 $0
2023 $1,149 $86,200 $9,500 $76,700
2022 $1,149 $86,200 $9,500 $76,700
2021 $1,149 $86,200 $0 $0
2020 $1,149 $86,200 $0 $0
2018 $1,149 $86,200 $0 $0
2017 $1,087 $80,100 $0 $0
2016 $1,079 $80,100 $0 $0
2015 $1,079 $80,100 $0 $0
2011 -- $80,100 $9,500 $70,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4208055

Canopy MLS (Canopy Realtor® Association)

APN: 6474-20-80-9795-00