NOT LISTED FOR SALE

1185 Newton Ln Granite Falls, NC 28630

14 Beds
14 Baths
8,327 Sq Ft
2.42 Acres

Last Sold December 05, 2019

Last sale price $395,000 $47 Per Sq Ft

35 Days on Market

Highlights

  • Transitional Architecture
  • Level Lot
  • Vinyl Flooring

About This Home

As of December 2019

Wonderful investment opportunity! 10 unit apartment complex consisting of 2 buildings located on 2.42 acres within a quiet country setting in Granite Falls, NC. One building has four 2 bedroom apartments. The 2nd building has six 1 bedroom apartments. Excellent tenant history. The apartments feature covered porches, back patios, spacious floor plans with open living room/kitchens, laundry rooms and spacious bedrooms. Water, trash and garbage pick-up are included in the rent. The tenants are responsible for their own electric bills. Low maintenance brick/vinyl exteriors. Easy commute to Hickory, Lenoir or Morganton.

Last Agent to Sell the Property

Marianna Geyer

828 Real Estate Services License #189433 Listed on: 09/23/2019

Last Buyer's Agent

Ann Means

Realty Executives of Hickory License #245687

Realty Executives of Hickory

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • Level Lot
  • Open Lot

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Flooring

  • Laminate
  • Vinyl

Additional Features

  • Septic Tank

Listing and Financial Details

  • Tenant pays for electric heat, electricity
  • Rent includes garbage pick-up, sewer, water
  • Assessor Parcel Number 2755057047 & 2755049878

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.92941
  • Ratio Close Price By Original Li: 0.92941
  • Ratio Current Price By Acre: 163223.14
  • Ratio Current Price By Sq Ft: 47.44
  • Year Built: 1988
  • Property Features: Porch/Patio, Range/Oven, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 10
  • Half Bathrooms: 4
  • Total Bedrooms: 14
  • Equipment: Electric Range, Refrigerator, Exhaust Hood, Electric Oven
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Laundry Location: Main
  • Total Sq Ft: 8327

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Parking Space - 2

Utilities

  • Heating: Electric Baseboard Heat
  • Sewer: Septic Installed
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level, Open Lot
  • Lot Size Area: 2.420
  • Parcel Number: 2755057047 & 2755049878
  • Zoning Specification: Res

Rental Info

  • Rent Includes: Garbage Pick-up, Sewer, Water
  • Tenant Pays: Electric Heat, Electricity

Tax Info

  • Tax Value: 371100.00
  • Tax Location: Caldwell

Multi Family

  • Unit Count: 10
  • Number Of Units Total: 10

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

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2019 12/05/19 Sold $395,000 -7.1% $47 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $425,000 -- $51 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3553449

Canopy MLS (Canopy Realtor® Association)

APN: 11 29 1 49