NOT LISTED FOR SALE

11 Gotham Dr Arden, NC 28704

Estimated Value: $718,000 - $949,000

8 Beds
4 Baths
3,776 Sq Ft
$221/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $710,000 $188 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,894/month

7 Days on Market

Highlights

  • No HOA
  • Covered patio or porch
  • Laundry Room
  • T.C. Roberson High School Rated A
  • Cul-De-Sac
  • Ceiling Fan

About This Home

As of February 2023

4 units with 100% occupancy in a great location! Outstanding long-term rental property. Two buildings with one unit down and one unit up in each building. All 4 units have 2 bedrooms, 1 bath and a large kitchen and living room. One unit on the bottom right has a fenced in side yard and large outbuilding. There is good size parking lot for the 4 units as well. Sale includes two parcels to make up the property. The 2nd parcel is 9635-40-4784-00000. Add this to your investment portfolio.

Last Agent to Sell the Property

Aaron Kraft

WEICHERT, Realtors - Unlimited License #241085 Listed on: 01/08/2023

WEICHERT, Realtors - Unlimited

Last Buyer's Agent

Kyle Brady

Asheville Realty Group License #295709

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,585

Year Built

  • Built in 2008

Lot Details

  • 0.4 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Level Lot

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,776 Sq Ft Home
  • Ceiling Fan
  • Laminate Flooring
  • Crawl Space
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Outbuilding

Schools

  • Avery's Creek/Koontz Elementary School
  • Valley Springs Middle School
  • T.C. Roberson High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for trash collection, water
  • Assessor Parcel Number 9635-40-4890-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,585

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fourplex
  • Year Built: 2008
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Cable Prewire
  • Appliances: Dishwasher, Electric Water Heater, Refrigerator
  • Owner Pays: Trash Collection, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3776
  • Room Count: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Vinyl
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: None

Lot Info

  • Lot Features: Cul-De-Sac, Level
  • Lot Size Area: 0.4
  • Lot Size Units: Acres
  • Parcel Number: 9635-40-4890-00000
  • Zoning: R3-MH
  • Lot Size Acres: 0.4
  • Lot Size Sq Ft: 17424
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-3

Rental Info

  • Tenant Pays: Cable TV, Electricity
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Avery's Creek/Koontz
  • High School: T.C. Roberson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2023
Closed on
Feb 27, 2023
Sold by
Cura Llc
Bought by
Eagle Island Properties Llc
Seller's Agent
Aaron Kraft
WEICHERT, Realtors - Unlimited
Buyer's Agent
Kyle Brady
Asheville Realty Group
List Price
$720,000
Sold Price
$710,000
Premium/Discount to List
-$10,000
-1.39%
Total Days on Market
7
Views
58
Current Estimated Value
$833,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,500
Avg. Annual Appreciation
7.32%
Original Mortgage
$426,000
Outstanding Balance
$415,394
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$418,106

Purchase Details

Closed on
Mar 10, 2021
Sold by
Dehkordi Parastoo Moghim
Bought by
Cura Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2018
Sold by
Dehkordi Saeid
Bought by
Dehkordi Parastoo Moghimi

Purchase Details

Closed on
Dec 10, 2015
Bought by
Dehkordi Saeid and Abyaneh Fantaneh

Purchase Details

Closed on
Oct 27, 1997
Sold by
Mills Eva
Bought by
Associates Financial Serv Of Americ
Source: Public Records

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Range of Values:

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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
Eagle Island Properties Llc $710,000 --
Cura Llc $425,000 None Available
Dehkordi Parastoo Moghim -- None Available
Dehkordi Parastoo Moghimi -- None Available
Dehkordi Saeid -- --
Associates Financial Serv Of Americ -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eagle Island Properties Llc $426,000
Previous Owner Dehkordi Parastoo Moghim $294,000
Previous Owner Dehkordi Saeid Moghim $32,670
Previous Owner Dehkordi Saeid Moghim $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $710,000 -1.4% $188 / Sq Ft
01/08/2023 01/08/23 For Sale $720,000 -- $191 / 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
2023 $2,585 $221,400 $31,700 $189,700
2022 $1,297 $221,400 $0 $0
2021 $1,297 $221,400 $0 $0
2020 $1,272 $201,900 $0 $0
2019 $1,272 $201,900 $0 $0
2018 $1,272 $201,900 $0 $0
2017 $137 $180,200 $0 $0
2016 $1,252 $180,200 $0 $0
2015 $1,152 $180,200 $0 $0
2014 $1,252 $180,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3933486

Canopy MLS (Canopy Realtor® Association)

APN: 9635-40-4890-00000