$167,500
SOLD AUG 18, 2025
-- Bed
-- Bath
1,625 Sq Ft
1978 Built

Recently Sold

$103 Per Sq Ft

3% Below List Price

6 Days on Market

About This Home

As of August 2025

Investor Alert! Discover this solid duplex opportunity at 1029 Pegram Avenue in High Point. Each unit offers a spacious open floor plan with 2 bedrooms and 1 bathroom. Key improvements include a brand-new roof, helping ensure long-term durability and peace of mind. Ideal for investors or those looking to live in one unit while renting the other, this property has excellent income potential. Conveniently located with easy access to major roads, shopping, and job centers. While the neighborhood is continuing to evolve, this property represents a smart buy in an up-and-coming area. Don't miss your chance to secure a versatile investment with strong upside!

Last Agent to Sell the Property

Leslie Stainback

Tyler Redhead & McAlister Real Estate, LLC License #277755 Listed on: 07/02/2025

Last Buyer's Agent

Savannah Cline

Keller Williams Realty License #335529

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 55 x 154 x 57 x 154

Parking

  • Driveway

Home Design

  • Duplex

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0196032
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,251

Year Built

Built in 1978

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 55 x 154 x 57 x 154
  • Directions: Use GPS.
  • Year Built: 1978
  • Idx Status: Sold
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: None, Window Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0196032
  • Zoning: RM8

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 1

Tax Info

  • Tax Annual Amount: 1251
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 1.378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2025
Closed on
Aug 12, 2025
Sold by
Butler Investments Llc
Bought by
Sheikh Muhammad
Seller's Agent
Leslie Stainback
Tyler Redhead & McAlister Real Estate, LLC
Buyer's Agent
Savannah Cline
Keller Williams Realty
List Price
$173,500
Sold Price
$167,500
Premium/Discount to List
-$6,000
-3.46%
Views
22
Current Estimated Value
$165,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,866
Avg. Annual Appreciation
-2.22%
Original Mortgage
$125,625
Outstanding Balance
$125,515
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$40,119

Purchase Details

Closed on
Mar 7, 2024
Sold by
Butler Stanley E
Bought by
Butler Investments Llc

Purchase Details

Listed on
Sep 26, 2022
Closed on
Nov 1, 2022
Sold by
Cheves Robert M
Bought by
Butler Stanley E
Seller's Agent
Myra Krebs
Real Broker LLC
Buyer's Agent
Leslie Stainback
Tyler Redhead & McAlister Real Estate, LLC
List Price
$125,000
Sold Price
$125,500
Premium/Discount to List
$500
0.4%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$100,400
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2007
Sold by
Cheves Joann L
Bought by
Cheves Robert M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $167,500 None Listed On Document
Warranty Deed $167,500 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $125,500 --
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,625 New Conventional
Closed $125,625 New Conventional
Previous Owner $100,400 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2025 08/18/25 Sold $167,500 -3.5% $103 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $173,500 +38.2% $107 / Sq Ft
11/02/2022 11/02/22 Sold $125,500 +0.4% $77 / Sq Ft View Prior Sale
09/30/2022 09/30/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $125,000 -- $77 / Sq Ft
Source: Triad MLS

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 $1,251 $90,800 $9,000 $81,800
2024 $1,251 $83,300 $9,000 $74,300
2023 $1,251 $83,300 $9,000 $74,300
2022 $931 $69,100 $9,000 $60,100
2021 $809 $58,700 $8,000 $50,700
2020 $809 $58,700 $8,000 $50,700
2019 $809 $58,700 $0 $0
2018 $805 $58,700 $0 $0
2017 $805 $58,700 $0 $0
2016 $832 $59,300 $0 $0
2015 $836 $59,300 $0 $0
2014 $850 $59,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1186443

Triad MLS

APN: 0196032

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