NOT LISTED FOR SALE

1132 N Bridge St Elkin, NC 28621

Estimated Value: $382,113

-- Bed
-- Bath
-- Sq Ft
1.32 Acres

Last Sold March 28, 2018

Last sale price $200,000

Est. 91% increase in value since last sale

Current estimated payment $2,158/month

30 Days on Market

Highlights

  • Corner Lot
  • Elkin Middle School Rated A
  • No HOA

About This Home

As of March 2018

Great investment opportunity to own a car wash. Located on a corner lot lot totaling 1.32+/- acres of prime commercial property. Walgreens, CVS, and gas station are on the opposing corners.

Last Agent to Sell the Property

Taylor Coalson

The Granite City Group License #296530 Listed on: 01/31/2018

Last Buyer's Agent

Samuel Holder

Rogers Realty & Auction Co., Inc. License #291255

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,562

Lot Details

  • Corner Lot
  • Cleared Lot
  • Property is zoned B2

Community Details

  • No Home Owners Association
  • 1,200 Sq Ft Building

Property Details

Property Type

Other

Est. Annual Taxes

$1,562

Lot Details

0

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Business Type: Investment
  • Directions: Take exit 85 off of I-77. Go towards Elkin on CC Camp Rd. Turn left Onto N Bridge St. Property will be on your left at the intersection of N Bridge St and Claremont Dr.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Corner Lot

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: B2
  • TRIADMLS_AcresRange: -

Rental Info

  • Land Lease Amount: 249900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
Mar 27, 2018
Sold by
Old School Ventures Llc
Bought by
Bridge 1132 Llc
Seller's Agent
Taylor Coalson
The Granite City Group
Buyer's Agent
Samuel Holder
Rogers Realty & Auction Co., Inc.
List Price
$249,900
Sold Price
$200,000
Premium/Discount to List
-$49,900
-19.97%
Current Estimated Value
$382,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,113
Avg. Annual Appreciation
8.98%

Purchase Details

Closed on
Sep 20, 2010
Sold by
Shepherd Dana H and Shepherd David R
Bought by
Old School Ventures Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End 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
Bridge 1132 Llc $200,000 --
Old School Ventures Ii Llc $110,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Old School Ventures Ii Llc $242,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2018 03/28/18 Sold $200,000 -20.0% --
03/03/2018 03/03/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $249,900 -- --
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
2024 $1,562 $230,410 $126,500 $103,910
2023 $1,514 $230,410 $126,500 $103,910
2022 $1,537 $230,410 $126,500 $103,910
2021 $1,416 $230,410 $126,500 $103,910
2020 $1,460 $204,450 $126,500 $77,950
2019 $1,460 $204,450 $126,500 $77,950
2018 $1,436 $204,450 $0 $0
2017 $1,460 $204,450 $0 $0
2016 $1,439 $204,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 872325

Triad MLS

APN: 4952-18-40-5272