NOT LISTED FOR SALE

Estimated Value: $478,000 - $623,000

4 Beds
2 Baths
-- Sq Ft
0.26 Acres

Last Sold March 26, 2021

Last sale price $327,000

Est. 64% increase in value since last sale

Current estimated payment $3,316/month

3 Days on Market

Highlights

  • No HOA
  • Community Playground
  • Central Air
  • McDougle Middle School Rated A
  • Tile Flooring
  • Wood Siding

About This Home

As of March 2021

Well maintained, one-level duplex within walking distance to downtown Franklin St. and UNC campus.
A & B each have 2 BR, 1 BA
GREAT Investment opportunity: The tenants have been there for years which means they currently have below market $700/mo rent. Rent both OR occupy one and rent out the other.
24 hour notice. Only showing Saturdays and Sundays from 1pm-4pm.

Last Agent to Sell the Property

Rachel Zamorski

Keller Williams Central License #260479 Listed on: 02/11/2021

Keller Williams Central

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,172

Year Built

  • Built in 1985

Lot Details

  • 0.26

Parking

  • Driveway

Home Design

  • Duplex
  • Wood Siding

Flooring

  • Carpet
  • Tile

Laundry

  • Washer and Dryer Hookup

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9788041067000
  • 0% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Community Playground

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,172

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: IRR
  • Directions: Take W. Franklin St to S. Merritt Mill Rd. Right on Grant St. Left on Crest, Right on Johnson. Duplex on right.
  • Year Built: 1985
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Tile
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground
  • Association: No

Lot Info

  • Parcel #: 9788041067000
  • Zoning: Res
  • TRIADMLS_DeedPage: 336
  • TRIADMLS_DeedBook: 603
  • TRIADMLS_PlatBook: 33-59
  • TRIADMLS_AcresRange: -

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4172
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.1432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 22, 2021
Sold by
Knight Don and Knight Marylu
Bought by
Bultman Lisa T and Bultman Ian Daniel
Seller's Agent
Rachel Zamorski
Keller Williams Central
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$290,000
Sold Price
$327,000
Premium/Discount to List
$37,000
12.76%
Current Estimated Value
$535,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,797
Avg. Annual Appreciation
10.17%
Original Mortgage
$244,500
Outstanding Balance
$220,278
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$281,479

Purchase Details

Closed on
Sep 22, 1986
Bought by
Knight and Henderson
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bultman Lisa T $327,000 None Available
Knight $111,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bultman Lisa T $244,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $327,000 +12.8% --
02/15/2021 02/15/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $290,000 -- --
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
2024 $4,757 $273,100 $101,200 $171,900
2023 $4,631 $273,100 $101,200 $171,900
2022 $4,442 $273,100 $101,200 $171,900
2021 $4,026 $249,100 $101,200 $147,900
2020 $4,172 $243,000 $105,000 $138,000
2018 $4,072 $243,000 $105,000 $138,000
2017 $3,527 $243,000 $105,000 $138,000
2016 $3,527 $207,300 $67,300 $140,000
2015 $3,527 $207,300 $67,300 $140,000
2014 $3,482 $207,300 $67,300 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1012316

Triad MLS

APN: 9788041067