$40,000
SOLD MAY 24, 2016
2 Beds
2 Baths
1,300 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

18% Below List Price

56 Days on Market

Highlights

  • Partially Wooded Lot
  • Forced Air Heating System
  • Carpet
  • No HOA

About This Home

As of February 2025

Tremendous investment opportunity with this 2 bed/2 bath duplex located in central High Point, convenient to everything. Each side is 1 bedroom, 1 bathroom, with a living room and kitchen. New roof in 2015, replacement windows in 2010, furnace and AC replaced in 2008, and water heater 2007. Units A & B are currently rented for $275 each ($550 total) with long term tenants in place. Could potentially be converted to a large single family home. Possible seller financing with acceptable offer!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $593

Year Built

  • Built in 1961

Lot Details

  • 6,970 Sq Ft Lot
  • Partially Wooded Lot
  • Property is zoned RS-7

Parking

  • No Garage

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,176 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Ferndale Middle School
  • High Point Central

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0187766
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$593

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: None
  • Directions: Eastchester to Westchester, left on Chestnut, right on Allred, right on Adams, property is on the right.
  • Above Grade Finished Sq Ft: 1176
  • Unit Levels: One
  • Year Built: 1961
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1176
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot, Near Public Transit, Partially Wooded
  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Forced Air, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Northwood
  • High School: High Point Central
  • Middle Or Junior School: Ferndale

Lot Info

  • Parcel #: 0187766
  • Zoning: RS-7
  • TRIADMLS_PricePerAcre: 306250
  • TRIADMLS_DeedPage: 1845
  • TRIADMLS_DeedBook: 5034
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 593
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Feb 18, 2025
Sold by
Jessee Re Investments & More Llc and Jessee Re Investments And More Llc
Bought by
Mead Erin and Mead Andrew
Seller's Agent
Bryan Colquitt
Coldwell Banker Advantage
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$200,000
Sold Price
$200,000
Views
22
Current Estimated Value
$199,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$613
Avg. Annual Appreciation
-11.11%
Original Mortgage
$150,000
Outstanding Balance
$149,875
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$39,800

Purchase Details

Closed on
Aug 9, 2022
Sold by
Green Street Home Buyers Llc
Bought by
Jessee Re Investments & More Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 3, 2022
Sold by
L3 Investment Properties Inc
Bought by
Green Street Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Closed on
May 31, 2017
Sold by
Poljo Inc
Bought by
L3 Investment Properties Inc

Purchase Details

Listed on
Mar 12, 2016
Closed on
May 24, 2016
Bought by
Poljo Inc
List Price
$49,000
Sold Price
$40,000
Premium/Discount to List
-$9,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.45%
Source: Public Records

Similar Home in High Point, NC

  • 502 Academy St, High Point, NC 27260

    $40,000

    • 2 Beds
    • 1 Bath
    • 1,008 Sq Ft
    • 502 Academy St
    • High Point, NC

    Attention All Investors! This is a great investment opportunity for a multi-family property on .38 acres of land that's zoned light industrial with an additional adjacent lot for sale that is also zoned industrial. This property is positioned with access to public water, sewer, and electricity. Located within walking distance of a nearby school and apartment complex, it offers the convenience and

    Marcus Lane Lane Real Estate Agency LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 None Listed On Document
Warranty Deed $73,000 None Listed On Document
Warranty Deed $62,500 None Listed On Document
Warranty Deed -- None Available
Warranty Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $105,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $200,000 0.0% $170 / Sq Ft
01/11/2025 01/11/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $200,000 +400.0% $170 / Sq Ft
05/24/2016 05/24/16 Sold $40,000 -18.4% $40 / Sq Ft
05/08/2016 05/08/16 Pending -- -- --
03/12/2016 03/12/16 For Sale $49,000 -- $49 / Sq Ft
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
2023 $718 $45,800 $12,000 $33,800
2022 $702 $52,100 $12,000 $40,100
2021 $561 $40,700 $8,000 $32,700
2020 $561 $40,700 $8,000 $32,700
2019 $561 $40,700 $0 $0
2018 $558 $40,700 $0 $0
2017 $561 $40,700 $0 $0
2016 $593 $42,300 $0 $0
2015 $596 $42,300 $0 $0
2014 $607 $42,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Triad MLS

MLS Number: 786874

Triad MLS

APN: 0187766