NOT LISTED FOR SALE

1037 N Justice St Hendersonville, NC 28791

Estimated Value: $307,000 - $392,000

3 Beds
3 Baths
1,668 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $378,000 $227 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,088/month

1 Day on Market

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Hendersonville High School Rated A-
  • Traditional Architecture
  • Front Porch

About This Home

As of May 2024

TRIPLEX - A rare investment opportunity in downtown Hendersonville. Low maintenance brick
triplex with highly desirable rental location and fully rented with great tenants . Short distance to bus stop, hospital, schools, shops, and restaurants. Ample parking and great existing tenants. Three 1-bedroom, 1-bath units. All units
metered separately. Recent, thorough update of interiors including fresh paint and refinished floors in 2 units.City water, sewer, and natural gas. Zoning - R-15. Convenient location!

Last Agent to Sell the Property

Margo Barbee

Howard Hanna Beverly-Hanks Brokerage Phone: 828-329-9201 License #138514 Listed on: 04/23/2024

Howard Hanna Beverly-Hanks

Last Buyer's Agent

Karen Millar

Redfin Corporation License #320341

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,282

Year Built

  • Built in 1952

Lot Details

  • Level Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Triplex
  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3 Full Bathrooms
  • 1,668 Sq Ft Home
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Bruce Drysdale Elementary School
  • Hendersonville Middle School
  • Hendersonville High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for exterior maintenance, sewer, trash collection, water
  • Assessor Parcel Number 116043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,282

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Year Built: 1952
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: 828-329-9201
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Fireplace: No
  • Flooring: Tile, Vinyl, Wood
  • Sq Ft Unheated Basement: 1667
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Owner Pays: Exterior Maintenance, Sewer, Trash Collection, Water
  • Above Grade Finished Sq Ft: 1668
  • Has Basement: Exterior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Living Area: 1668

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Deck, Front Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: None
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level, Rolling Slope, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 116043
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-15

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Bruce Drysdale
  • High School: Hendersonville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 13, 2024
Sold by
Franks Craig Thomas and Franks Elsa S
Bought by
Parrish Charity Potter and Parrish Joseph Christopher
Seller's Agent
Margo Barbee
Howard Hanna Beverly-Hanks
Buyer's Agent
Karen Millar
Redfin Corporation
List Price
$386,500
Sold Price
$378,000
Premium/Discount to List
-$8,500
-2.2%
Views
20
Current Estimated Value
$362,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,443
Avg. Annual Appreciation
-2.84%

Purchase Details

Closed on
Dec 17, 2021
Sold by
Thomas Franks Craig
Bought by
Strauss Andrea Franks and Volbeda Michael Bruce

Purchase Details

Closed on
Jan 24, 2014
Sold by
Franks Craig T
Bought by
Franks Stephen F
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 Buyer Sale Price Title Company
Parrish Charity Potter $378,000 None Listed On Document
Strauss Andrea Franks -- Bridget Dswing Pllc
Franks Stephen F $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $378,000 -2.2% $227 / Sq Ft
04/29/2024 04/29/24 For Sale $386,500 -- $232 / 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
2025 $2,282 $240,000 $82,400 $157,600
2024 $2,210 $240,000 $82,400 $157,600
2023 $2,210 $240,000 $82,400 $157,600
2022 $1,726 $159,700 $46,300 $113,400
2021 $1,726 $159,700 $46,300 $113,400
2020 $1,678 $159,700 $0 $0
2019 $1,678 $159,700 $0 $0
2018 $707 $125,100 $0 $0
2017 $707 $125,100 $0 $0
2016 $707 $125,100 $0 $0
2015 -- $125,100 $0 $0
2014 -- $124,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4131730

Canopy MLS (Canopy Realtor® Association)

APN: 0116043