NOT LISTED FOR SALE

112 Belmont Ave SW Wilson, NC 27893

Estimated Value: $150,000 - $183,129

4 Beds
2 Baths
1,912 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $120,000 $63 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $927/month

4 Days on Market

Highlights

  • No HOA
  • Central Air
  • Wood Siding
  • Winstead Elementary School Rated 9+
  • Storm Doors
  • Heating Available

About This Home

As of July 2022

Great Investment Opportunity! 2 Bedroom, 1 bath Duplex! Long term (20 yrs. +) tenant on one side. New Paint, New Flooring, some replaced windows on the vacant side. New HVAC gong in for both sides! Potential to move new tenant in at a higher rate.

Last Agent to Sell the Property

Jay Forbes

The Forbes Real Estate Group License #206433 Listed on: 03/14/2022

Last Buyer's Agent

Toni Brown

Home Team Of The Carolinas License #263892

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $461

Year Built

  • Built in 1957

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55x 125.7 x 55 x 125.7

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Crawl Space
  • Storm Doors
  • Washer and Dryer Hookup

Parking

  • Dirt Driveway
  • Off-Street Parking

Schools

  • Winstead Elementary School
  • Darden Middle School
  • Beddingfield High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 3711-88-4701.000

Community Details

Overview

  • No Home Owners Association
  • Five Points Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$461

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Interior Amenities: 1st Floor Master
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 54.92
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 4
  • Total Heated Sq Ft: 1912.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: None
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Dirt, Off Street

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: Yes

Lot Info

  • Deed Book: 1399
  • Deed Page: 891.00
  • Lot Acres: 0.16
  • Lot Dimensions: 55x 125.7 x 55 x 125.7
  • Lot Sq Ft: 6970.00
  • Zoning: SFR

Rental Info

  • Pets: No

Tax Info

  • Tax Identifier: 3711-88-4701.000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 461.25

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Winstead
  • High School: Beddingfield
  • Middle School: Darden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2022
Sold by
Fulford Properties
Bought by
Daniels Investment Group Llc
Current Estimated Value
$162,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Interest Rate
5.78%
Mortgage Type
Construction
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
Daniels Investment Group Llc $120,000 Lowry Stephen D
Daniels Investment Group Llc $120,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniels Investment Group Llc $85,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2022 07/27/22 Sold $120,000 +14.3% $63 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $105,000 -- $55 / Sq Ft
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 $750 $125,991 $16,875 $109,116
2024 $750 $125,991 $16,875 $109,116
2023 $461 $35,345 $9,000 $26,345
2022 $461 $35,345 $9,000 $26,345
2021 $461 $35,345 $9,000 $26,345
2020 $461 $35,345 $9,000 $26,345
2019 $461 $35,345 $9,000 $26,345
2018 $461 $35,345 $9,000 $26,345
2017 $454 $35,345 $9,000 $26,345
2016 $454 $35,345 $9,000 $26,345
2014 $707 $56,759 $10,000 $46,759
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100316828

Hive MLS

APN: 3711-88-4701.000