Seller's Agent in 2022
Heather Reagor
Real Broker, LLC
(704) 776-0346
1 in this area
29 Total Sales
105 W Elm St Wingate, NC 28174
Estimated Value: $317,000 - $420,000
6
Beds
4
Baths
2,646
Sq Ft
$145/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Laundry Room
- Central Heating
About This Home
As of May 2022This property is an excellent investment opportunity directly across the street from Wingate University, with over 200' of combined frontage along Main St and Elm Street. It consists of 1.2 acres of land and two three-bed, two-bath homes. One is 1062 sq ft, and the other is 1584 sq ft, and both have been rental properties for many years. Possibilities include continued rental, using one as a residence and leasing the other, or even tear-down/redevelopment for multi-family/graduate student housing. The town of Wingate is in the process of adopting a Unified Development Ordinance. According to the planning department, community feedback has been that area residents desire projects with a higher density, such as townhomes or condominiums.
Last Agent to Sell the Property
Real Broker, LLC License #302487 Listed on: 03/24/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,849
Year Built
- Built in 1958
Lot Details
- 1.29
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- 2,646 Sq Ft Home
- Family Room with Fireplace
- Crawl Space
- Laundry Room
Kitchen
- Electric Oven
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Schools
- Wingate Elementary School
- East Union Middle School
- Forest Hills High School
Additional Features
- Property is zoned AH6
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 09-019-065
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 29, 2023
Sold by
Wingate University
Bought by
True Sfr 3 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,973,327
Outstanding Balance
$4,893,052
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$4,515,765
Purchase Details
Listed on
Mar 24, 2022
Closed on
May 25, 2022
Sold by
Karim Properties Llc
Bought by
Wingate University
Seller's Agent
Heather Reagor
Real Broker, LLC
Buyer's Agent
Dennis Moser
Moser Group, Inc., The
List Price
$500,000
Sold Price
$410,000
Premium/Discount to List
-$90,000
-18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.50%
Purchase Details
Closed on
Jun 12, 2019
Sold by
Karim Ana Y and Karim Rosa I
Bought by
Karim Properties Llc
Purchase Details
Closed on
Jul 15, 1998
Sold by
Hargette William S and Hargette Karen E
Bought by
Karim Emma Arguelles and Karim Gerardon Luis
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| True Sfr 3 Llc | $700,000 | None Listed On Document | |
| Wingate University | $410,000 | Faulk Hinson | |
| Karim Properties Llc | -- | Faulk Hinson | |
| Karim Properties Llc | -- | None Available | |
| Karim Emma Arguelles | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | True Sfr 3 Llc | $555,000 | |
| Open | True Sfr 3 Llc | $4,973,327 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $410,000 | -18.0% | $155 / Sq Ft |
| 03/24/2022 03/24/22 | For Sale | $500,000 | -- | $189 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $2,849 | $281,100 | $26,600 | $254,500 |
| 2023 | $2,797 | $281,100 | $26,600 | $254,500 |
| 2022 | $2,797 | $281,100 | $26,600 | $254,500 |
| 2021 | $2,795 | $281,100 | $26,600 | $254,500 |
| 2020 | $2,275 | $196,020 | $21,020 | $175,000 |
| 2019 | $2,275 | $196,020 | $21,020 | $175,000 |
| 2018 | $0 | $196,020 | $21,020 | $175,000 |
| 2017 | $2,374 | $196,000 | $21,000 | $175,000 |
| 2016 | $2,326 | $196,020 | $21,020 | $175,000 |
| 2015 | $2,345 | $196,020 | $21,020 | $175,000 |
| 2014 | $1,730 | $169,770 | $21,470 | $148,300 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Reagor
-
Richard Price
R
Seller Co-Listing Agent in 2022
Richard Price
R.W Price Realty LLC
(704) 989-5995
2 in this area
141 Total Sales
-
Dennis Moser
Buyer's Agent in 2022
Dennis Moser
Moser Group, Inc., The
(704) 280-4649
5 in this area
14 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3839111
APN: 09-019-065
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