NOT LISTED FOR SALE

1211 W Front St Statesville, NC 28677

Estimated Value: $200,165

-- Bed
-- Bath
-- Sq Ft
0.52 Acres

Last Sold June 19, 2020

Last sale price $125,000

Est. 60% increase in value since last sale

Current estimated payment $1,214/month

690 Days on Market

About This Home

As of June 2020

Six (6) bay self serve car wash on W Front Street in Statesville NC. Features five vacuum islands, change machines, one vending island and various towels, soap and fragrance dispensers. Located on 0.52 acres. 2016 NCDOT AADT Maps illustrate 9,100 vehicles per day, an increase of 4,400 over three years (2013 NCDOT AADT Map was 4,700) Gross sales from 2018 was $47,849, 2017 was $43,438, 2016 was $40,911.

Last Agent to Sell the Property

Robert Ball

Underdown, Ball & Associates, LLC License #184573 Listed on: 05/18/2018

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,903

Year Built

  • Built in 1981

Lot Details

  • Property is zoned B5

Community Details

  • No Home Owners Association
  • 3,300 Sq Ft Building
  • Ride W/ Pride Community

Listing and Financial Details

  • Assessor Parcel Number 4734347975000

Property Details

Property Type

Other

Est. Annual Taxes

$1,903

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Business Type: Investment
  • Directions: 1211 W Front Street Statesville NC
  • Building Name: Ride W/ Pride
  • Year Built: 1981
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4734347975000
  • Zoning: B5
  • TRIADMLS_AcresRange: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Jun 17, 2020
Sold by
Rwp 4 Llc
Bought by
Pr Management Llc
Seller's Agent
Robert Ball
Underdown, Ball & Associates, LLC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$179,000
Sold Price
$125,000
Premium/Discount to List
-$54,000
-30.17%
Current Estimated Value
$200,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,165
Avg. Annual Appreciation
9.08%
Original Mortgage
$118,750
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2018
Sold by
Brookshire Barney L
Bought by
Rwp 4 Llc

Purchase Details

Closed on
Sep 1, 1984

Purchase Details

Closed on
Jun 1, 1981

Purchase Details

Closed on
Jun 1, 1977

Purchase Details

Closed on
Jun 1, 1956
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
Pr Management Llc $125,000 None Available
Rwp 4 Llc -- None Available
-- -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pr Management Llc $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $125,000 -30.2% --
04/08/2020 04/08/20 Pending -- -- --
05/18/2018 05/18/18 For Sale $179,000 -- --
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 $1,903 $187,010 $62,400 $124,610
2023 $1,903 $187,010 $62,400 $124,610
2022 $1,614 $148,730 $62,400 $86,330
2021 $1,614 $148,730 $62,400 $86,330
2020 $1,614 $148,730 $62,400 $86,330
2019 $1,599 $148,730 $62,400 $86,330
2018 $1,489 $147,610 $67,950 $79,660
2017 $1,458 $147,610 $67,950 $79,660
2016 $1,458 $147,610 $67,950 $79,660
2015 $1,384 $147,610 $67,950 $79,660
2014 $1,314 $146,860 $90,600 $56,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 887745

Triad MLS

APN: 4734-34-7975.000