NOT LISTED FOR SALE

Estimated Value: $247,000 - $346,000

5 Beds
4 Baths
3,345 Sq Ft
$86/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $230,000 $69 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,694/month

21 Days on Market

Highlights

  • Wood Flooring
  • More Than Two Accessible Exits
  • Forced Air Heating and Cooling System
  • No HOA
  • Attached Carport

About This Home

As of February 2023

Seller working to sign an offer - Show ONLY for backups - Has been a Boarding house with 13 bedrooms and 4 baths (with option of 14th room). Gas heat throughout w/ one room as electric baseboard. 2022 Plumbing updates completed. Needs cosmetic work such as sheetrock work, painting, and refinishing flooring. Floors are mostly wood throughout! Kitchens and Baths are ready for your renovations. Owner says the house was typically rented at full capacity. During Covid the owners shut it down and planned to remodel but have decided to sell. This can be a major money maker! Seller believes Roof replaced within the last 10 years. Also listed in Residential MLS # 1089860. Seller is a NC licensed agent and list agent related to seller. Tax Card shows 5 Bed 4 baths - see agent only

Last Agent to Sell the Property

Kriston Ashley

360 Realty License #264979 Listed on: 11/17/2022

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,632

Year Built

  • Built in 1925

Lot Details

  • 1,699

Home Design

  • Stone

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • Attached Carport
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • More Than Two Accessible Exits
  • 1,699 Sq Ft Lot
  • Basement

Community Details

  • No Home Owners Association
  • 13 Units
  • 3,345 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 0187929
  • 1060% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,632

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Rooming House
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.039
  • Subdivision Name: None
  • Directions: Main street to, English St to Oakwood. Turn left. House on left.
  • Architectural Style: Two Story
  • Year Built: 1925
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Accessibility Features: 2 or more Access Exits
  • TRIADMLS_ApproxSqFtRange: 3000 - 3600
  • Basement YN: Yes

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Stone
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup
  • Cooling: Central Air
  • Heating: Baseboard, Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0187929
  • Zoning: MX-D
  • TRIADMLS_PricePerAcre: 5897435.8974
  • TRIADMLS_DeedPage: 0832
  • TRIADMLS_DeedBook: 4235
  • TRIADMLS_PlatBook: 3-157
  • TRIADMLS_AcresRange: 0 - 0

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units Total: 13

Tax Info

  • Tax Annual Amount: 1632
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Feb 3, 2023
Sold by
Gallop Steven F and Gallop Karen M
Bought by
Caring Services Inc
Seller's Agent
Kriston Ashley
360 Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Views
186
Current Estimated Value
$283,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,854
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Aug 26, 1994
Bought by
Gallop Steven 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
Caring Services Inc $230,000 --
Gallop Steven F $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallop Steven F $47,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $230,000 -8.0% $69 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $250,000 -- $75 / 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
2023 $1,680 $106,300 $28,000 $78,300
2022 $1,638 $121,500 $28,000 $93,500
2021 $1,632 $118,400 $28,000 $90,400
2020 $1,632 $118,400 $28,000 $90,400
2019 $1,632 $118,400 $0 $0
2018 $1,623 $118,400 $0 $0
2017 $1,632 $118,400 $0 $0
2016 $1,680 $119,800 $0 $0
2015 $1,689 $119,800 $0 $0
2014 $1,718 $119,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1090297

Triad MLS

APN: 0187929