NOT LISTED FOR SALE

10908 Rail Tye Place Pineville, NC 28134

Estimated Value: $216,000 - $271,000

2 Beds
2.5 Baths
1,321 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $128,000 $97 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,473/month

28 Days on Market

About This Home

As of March 2018

Great investment/income opportunity in this townhome. Lease in place through September with wonderful tenants. Spacious townhome with 2 beds/ 2 baths upstairs, lower level in great condition with huge private fenced back yard. No HOA. HVAC/ roof/ water heater all new in 2011. Culdesac lot. Close to 51/ 485/ CMC/ Carolina Place.

Lease in place through Sept. 2018.

Last Agent to Sell the Property

Jayme Downey

NextHome Paramount License #235833 Listed on: 01/31/2018

NextHome Paramount

Co-Listed By

Bobby Downey

NextHome Paramount License #280811

Last Buyer's Agent

Rhonda Copp

RPMS Realty Corp License #263097

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 4,792

Home Design

  • Duplex
  • Slab Foundation

Bedrooms and Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 221-421-36

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.98462
  • Ratio Close Price By Original Li: 0.98462
  • Ratio Current Price By Acre: 1163636.36
  • Ratio Current Price By Sq Ft: 96.90
  • Unit Floor Level: 1
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 645
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cooktop Electric, Electric Dryer Hookup
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Main Level Sq Ft: 676
  • Total Sq Ft: 1321
  • Sq Ft Unheated Main: 24
  • Sq Ft Unheated Total: 24

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Complex Name: The Tyes

Schools

  • Elementary School: Pineville
  • Middle School: Quail Hollow
  • High School: South Mecklenburg

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Cul-de-sac Lot
  • Lot Size Area: 0.110
  • Parcel Number: 221-421-36
  • Zoning Specification: RMF

Tax Info

  • Tax Value: 98700.00
  • Tax Location: Pineville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
Mar 15, 2018
Sold by
Shelton Timothy and Shelton Virginia
Bought by
Peng Jufeng and Xiang Zhi
Seller's Agent
Jayme Downey
NextHome Paramount
Buyer's Agent
Rhonda Copp
RPMS Realty Corp
List Price
$130,000
Sold Price
$128,000
Premium/Discount to List
-$2,000
-1.54%
Current Estimated Value
$244,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,393
Avg. Annual Appreciation
9.02%
Original Mortgage
$96,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2007
Sold by
Buttrey Daniel A and Buttrey Robin L
Bought by
Shelton Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Buttrey Douglas and Buttrey Donna
Bought by
Buttrey Daniel A and Buttrey Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
1.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1999
Sold by
Dubois Thomas D and Dubois Faithel T
Bought by
Buttrey Douglas A and Buttrey Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,150
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Peng Jufeng $128,000 None Available
Shelton Timothy $97,000 None Available
Buttrey Daniel A $94,000 --
Buttrey Douglas A $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peng Jufeng $131,000
Closed Peng Jufeng $96,000
Previous Owner Shelton Timothy $97,000
Previous Owner Buttrey Daniel A $75,200
Previous Owner Buttrey Douglas A $82,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $128,000 -1.5% $97 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $130,000 -- $98 / 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
2024 $1,808 $229,000 $50,000 $179,000
2023 $1,781 $229,000 $50,000 $179,000
2022 $1,301 $133,200 $35,000 $98,200
2021 $1,301 $133,200 $35,000 $98,200
2020 $1,301 $133,200 $35,000 $98,200
2019 $1,295 $133,200 $35,000 $98,200
2018 $1,215 $98,700 $25,000 $73,700
2017 $1,204 $98,700 $25,000 $73,700
2016 $1,171 $98,700 $25,000 $73,700
2015 $1,168 $98,700 $25,000 $73,700
2014 $1,188 $103,300 $25,000 $78,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3353800

Canopy MLS (Canopy Realtor® Association)

APN: 221-421-36