NOT LISTED FOR SALE

121 Eastview Dr Unit 1 Lincolnton, NC 28092

Estimated Value: $426,000 - $507,000

6 Beds
6 Baths
2,500 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $360,000 $144 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,871/month

5 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Covered Patio or Porch
  • Wooded Lot
  • No HOA
  • Cul-De-Sac

About This Home

As of May 2021

NEW DUPLEX WITH TWO FULL LIVING UNITS. RENT BOTH OUT AND ENJOY SUBSTANTIAL INCOME OR LIVE IN ONE AND RENT THE OTHER, LET YOUR TENANT HELP PAY OR COMPLETELY PAY YOUR MORTGAGE (SUBJECT TO THE AMOUT BORROWED AND AT WHAT % RATE). MAINTENANCE FREE EXTERIOR WITH .41 ACRES OF LAND TO ENJOY OUTDOOR LIVING. COUNTY WATER AND SEWER ON SEPARATE METERS AND SEPARATE ELECTRIC FOR EACH UNIT.ADDITIONAL DUPLEX AVAILABLE NEXT DOOR TO THIS ONE AS WELL AS TWO MORE TO BE BUILT ON ADJACENT LOTS. GREAT INVESTMENT OPPORTUNITY. PROJECTED RETURN OF 7.5% CAP RATE WITH $1300 / MOS PROJECTED RENT PER UNIT. RETURNS SUBJECT TO LEASE RATES AND CASH PURCHASE OF PROPERTY.

Last Agent to Sell the Property

James Soderberg

The Lake Team LLC Brokerage Email: James.Soderberg@thelaketeam1.com License #274774 Listed on: 04/09/2021

Last Buyer's Agent

Jeff Arzonico

EXP Realty LLC Mooresville License #281291

EXP Realty LLC Mooresville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,651

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Insulated Windows
  • Living Room
  • Dining Area
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 4 Parking Spaces
  • 4 Open Parking Spaces

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by ONYX

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 21608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,651

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Year Built: 2021
  • Proposed Completion Date: 2021-04-09
  • Road Surface Type: Concrete, Paved
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: James.Soderberg@thelaketeam1.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Pantry, Other - See Remarks
  • Sq Ft Unheated Basement: 0
  • Room Other: Bathroom(s),Bedroom(s),Dining Area,Kitchen,Laundry,Living Room
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Oven
  • Owner Pays: None
  • Accessibility Features: Other - See Remarks
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Insulated Door(s)
  • Living Area: 2500
  • Window Features: Insulated Window(s)
  • Room Count: 0
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Total Parking Spaces: 4
  • Main Level Garage YN: 0
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: County Sewer
  • Laundry Features: Dryer Hookup, Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Utilities: Cable Available
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Cul-De-Sac, Level, Wooded
  • Lot Size Area: 0.41
  • Lot Size Units: Acres
  • Parcel Number: 21608
  • Zoning: R2 FL
  • Plat Reference Section Pages: 138
  • Development Status: Completed
  • Lot Size Acres: 0.41
  • Lot Size: IRREGULAR
  • Lot Size Sq Ft: 17859
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RMF

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: ONYX

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Franklin Evan R
Bought by
Escobar Carlos Anthony
Current Estimated Value
$468,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,044
Outstanding Balance
$389,045
Interest Rate
6.61%
Mortgage Type
VA
Estimated Equity
$79,208

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 14, 2021
Sold by
Onyx Development Llc
Bought by
Franklin Evan R
Seller's Agent
James Soderberg
The Lake Team LLC
Buyer's Agent
Jeff Arzonico
EXP Realty LLC Mooresville
List Price
$359,900
Sold Price
$360,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$360,000
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
Nov 9, 2020
Sold by
Grooms Darin and Martin Tammy Lynn
Bought by
Onyx Development Llc

Purchase Details

Closed on
Jan 6, 2015
Sold by
Carpenter Amanda Cagle
Bought by
Carpenter Property Group Llc

Purchase Details

Closed on
Jul 10, 2002
Bought by
Carpenter Claude Ralph
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
Escobar Carlos Anthony $396,000 None Listed On Document
Escobar Carlos Anthony $396,000 None Listed On Document
Franklin Evan R $360,000 None Available
Onyx Development Llc $65,000 None Available
Carpenter Property Group Llc -- None Available
Carpenter Claude Ralph $164,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Carlos Anthony $396,044
Closed Escobar Carlos Anthony $396,044
Previous Owner Franklin Evan R $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2021 05/18/21 Sold $360,000 0.0% $144 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $359,900 -- $144 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,651 $437,526 $24,267 $413,259
2024 $4,611 $437,526 $24,267 $413,259
2023 $4,151 $437,526 $24,267 $413,259
2022 $3,066 $240,584 $18,861 $221,723
2021 $222 $18,953 $18,861 $92
2020 $246 $21,259 $21,167 $92
2019 $246 $21,259 $21,167 $92
2018 $223 $19,051 $18,655 $396
2017 $223 $19,051 $18,655 $396
2016 $223 $19,051 $18,655 $396
2015 $219 $19,051 $18,655 $396
2014 $637 $47,855 $20,170 $27,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3725264

Canopy MLS (Canopy Realtor® Association)

APN: 21608