NOT LISTED FOR SALE

1012 Chisholm Rd Ramseur, NC 27316

Estimated Value: $287,801 - $420,000

-- Bed
2 Baths
694 Sq Ft
$501/Sq Ft Est. Value

Last Sold April 07, 2014

Last sale price $153,500 $221 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,368/month

54 Days on Market

About This Home

As of April 2014

7 UNITS CONSIST OF 1 DUPLEX 2BR-1BATH PER UNIT AND 1 BUILDING CONSISTING OF 5 2BR-1BATH UNITS. ALL UNITS HAVE W & D CONNECTIONS. TENANTS RESPONSIBLE FOR ALL UTILITIES. 100% OCCUPANCY AS OF 2/3/14. CALL HOMELAND FOR RENT ROLLS, GROSS INCOME.

Last Agent to Sell the Property

NormaJean Auman

Homeland Realty Listed on: 02/04/2014

Last Buyer's Agent

NormaJean Auman

Homeland Realty Listed on: 02/04/2014

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1960

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 150 x 300 x 149.99 x 309.48

Parking

  • 14 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Schools

  • Southeastern Randolph Middle School
  • Eastern Randolph High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 3431 / 89
  • Assessor Parcel Number 8701893431
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 694 Sq Ft Building

Building Details

  • 7 Leased Units
  • New Taxes Expense $2,231

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,232

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.89
  • Lot Size: 150 x 300 x 149.99 x 309.48
  • Directions: US HWY. 64 EAST TO RAMSEUR,RIGHT ON HWY. 22 SOUTH, BEAR RIGHT ON CHISHOLM ROAD, PROPERTY ON RIGHT. NO SIGN ON UNITS
  • Architectural Style: Garden
  • Building Stories: 1
  • Year Built: 1960
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • TRIADMLS_ApproxSqFtRange: 694
  • TRIADMLS_Storage: Closet

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: On Site
  • Total Parking Spaces: 14

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Ramseur
  • High School: Eastern Randolph
  • Middle Or Junior School: Southeastern Randolph

Lot Info

  • Parcel #: 8701893431
  • Zoning: MULTIFAMILY

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 7
  • Number Of Units Furnished: None
  • Number Of Units Leased: 7

Tax Info

  • New Taxes Expense: 2231
  • Tax Annual Amount: 2231.74
  • Tax Block: 89
  • Tax Lot: 3431
  • Tax Map Number: 8701
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 1.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2014
Closed on
May 23, 2014
Sold by
Ivy South Llc and Hayes Timothy
Bought by
Hayes Property & Investment Llc
Seller's Agent
NormaJean Auman
Homeland Realty
Buyer's Agent
NormaJean Auman
Homeland Realty
List Price
$186,900
Sold Price
$153,500
Premium/Discount to List
-$33,400
-17.87%
Current Estimated Value
$347,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,200
Avg. Annual Appreciation
7.26%

Purchase Details

Listed on
Feb 4, 2014
Closed on
Apr 7, 2014
Sold by
North Car Properties Llc
Bought by
Ivy South Llc and Hayes Timothy
Seller's Agent
NormaJean Auman
Homeland Realty
Buyer's Agent
NormaJean Auman
Homeland Realty
List Price
$186,900
Sold Price
$153,500
Premium/Discount to List
-$33,400
-17.87%
Source: Public Records

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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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
Hayes Property & Investment Llc -- None Available
Ivy South Llc $153,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2014 04/07/14 Sold $153,500 -17.9% $221 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $186,900 -- $269 / Sq Ft
Source: Triad MLS

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 $6,533 $253,170 $70,000 $183,170
2024 $6,533 $253,170 $70,000 $183,170
2023 $6,265 $253,170 $70,000 $183,170
2022 $1,791 $137,490 $42,000 $95,490
2021 $1,791 $137,490 $42,000 $95,490
2020 $1,791 $137,490 $42,000 $95,490
2019 $1,791 $137,490 $42,000 $95,490
2018 $2,022 $152,900 $42,000 $110,900
2016 $2,022 $152,892 $42,000 $110,892
2015 $2,026 $152,891 $42,000 $110,891
2014 -- $152,891 $42,000 $110,891
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 696579

Triad MLS

APN: 8701-89-3431