NOT LISTED FOR SALE

1106 Gum Branch Rd Jacksonville, NC 28540

Estimated Value: $507,365

-- Bed
-- Bath
500 Sq Ft
$1,015/Sq Ft Est. Value

Last Sold September 28, 2017

Last sale price $250,000 $500 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,043/month

Highlights

  • No HOA
  • Brick Exterior Construction
  • Carpet

About This Home

As of March 2019

Professional Office spaces available for lease. The lease will include electric, water and shared wi-fi. Shared Kitchen, Lobby and a Conference Room equipped with basic necessities. This executive office park will allow signage on the group sign as well as on the face of the building. Traffic on Gum Branch rd is about 30,000 cars a day. Located right across the street from the Chamber of Commerce.

Last Agent to Rent the Property

Reva Sullivan

Realty ONE Group Affinity License #227229 Listed on: 09/18/2017

Last Renter's Agent

Reva Sullivan

HomeSmart Connections License #227229

HomeSmart Connections

Property Details

Property Type

  • Other

Year Built

  • Built in 1989

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 65x85
  • Property is zoned B-1

Home Design

  • 500 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Membrane Roofing

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • Public Parking
  • Driveway
  • Paved Parking

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for advertising, janitorial service, liability insurance
  • The owner pays for building insurance, cable TV, electricity, exterior building maintenance, int bldg maint, pest control, sewer, taxes, trash removal, water, yard maint
  • 12 Month Lease Term
  • Assessor Parcel Number 442-50

Property Details

Property Type

Other

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Owner Pays: Building Insurance, Cable TV, Electricity, Ext Bldg Maint, Int Bldg Maint, Pest Control, Sewer, Taxes, Trash Removal, Water, Yard Maint
  • Lease Frequency: Annually
  • Lease Rate: 500
  • Lease Terms: 1 Year or More
  • Tenant Pays: Advertising, Janitorial Service, Liability Insurance

Listing Details

  • Property Type: G
  • Sub Type: Improved
  • Sub Type2: Business Flex, Mixed Use, Office, Retail
  • Cobra Zone: No
  • Construction: Block, Brick/Stone
  • New Construction: No
  • Year Built: 1989
  • Definition: RE W/O Business
  • Space: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Attic: None
  • Basement: None
  • Flooring: Carpet, Laminate, Vinyl
  • List Price per Sq Ft: 1.00
  • Sq Ft Heated: 500.00

Exterior Features

  • Exterior Finish: Brick Veneer
  • Foundation: Slab
  • Road Type Frontage: 4+ Lanes, Public (City/Cty/St)
  • Roof: Membrane

Garage/Parking

  • Parking Driveway: Paved, Public
  • Garage: No

Utilities

  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Sewer Provider: City of Jacksonville
  • Service Providers Water Provider: City of Jacksonville
  • Utilities: City Water, Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA Amenities: See Remarks

Lot Info

  • Deed Book: 1075
  • Deed Page: 113.00
  • Lot Acres: 0.23
  • Lot Dimensions: 65X85
  • Lot Sq Ft: 10019.00
  • Zoning: B-1

Tax Info

  • Tax Identifier: 442-50
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Mar 15, 2019
Sold by
Terrell William S and Terrell Susan B
Bought by
Sullivan Reva
Seller's Agent
Reva Sullivan
Realty ONE Group Affinity
Buyer's Agent
Reva Sullivan
HomeSmart Connections
Sold Price
$600
Current Estimated Value
$507,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,765
Original Mortgage
$225,600
Outstanding Balance
$198,341
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$309,024

Purchase Details

Listed on
Sep 18, 2017
Closed on
Aug 18, 2017
Sold by
Wallace James Q and Wallace Betty W
Bought by
Terrell William S and Terrell Susan B
Seller's Agent
Reva Sullivan
Realty ONE Group Affinity
Buyer's Agent
Reva Sullivan
HomeSmart Connections
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$225,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 1992
Bought by
Wallace James Q and Wallace Betty W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sullivan Reva $282,500 None Available
Terrell William S $250,000 None Available
Wallace James Q $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Reva $225,600
Previous Owner Terrell William S $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2019 03/24/19 Rented $600 -99.8% --
03/14/2019 03/14/19 Under Contract -- -- --
09/28/2017 09/28/17 Sold $250,000 0.0% $37 / Sq Ft View Prior Sale
09/18/2017 09/18/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $250,000 0.0% $37 / Sq Ft
09/18/2017 09/18/17 For Rent $1,500 -- --
Source: Hive 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
2025 $4,485 $357,400 $65,120 $292,280
2024 $4,485 $357,400 $65,120 $292,280
2023 $4,485 $357,400 $65,120 $292,280
2022 $4,485 $357,400 $65,120 $292,280
2021 $3,805 $282,500 $65,120 $217,380
2020 $3,805 $282,500 $65,120 $217,380
2019 $3,805 $282,500 $65,120 $217,380
2018 $6,809 $505,496 $65,120 $440,376
2017 $6,022 $457,260 $65,120 $392,140
2016 $6,022 $457,260 $0 $0
2015 $6,022 $457,260 $0 $0
2014 $6,022 $457,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100082680

Hive MLS

APN: 002011