NOT LISTED FOR SALE

1215 State St Mount Airy, NC 27030

Estimated Value: $3,932,052

-- Bed
-- Bath
-- Sq Ft
2.05 Acres

Last Sold October 27, 2017

Last sale price $1,200,000

Est. 228% increase in value since last sale

Current estimated payment $21,745/month

71 Days on Market

About This Home

As of October 2017

A Rare Find on Hwy 601(Rockford St) in Mt Airy, NC. Restaurants, Banks and Hotels surround this 6000 sq ft bldg. on 2 Acres! Previous Restaurant/Cafeteria. Large Dining area, private room for parties, Large Kitchen. This property will not last!

Last Agent to Sell the Property

Susan Holder

Rogers Realty & Auction Co., Inc. License #174668 Listed on: 01/04/2017

Last Buyer's Agent

Susan Holder

Rogers Realty & Auction Co., Inc. License #174668 Listed on: 01/04/2017

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,962

Year Built

  • Built in 1984

Lot Details

  • Cleared Lot
  • Property is zoned B4

Interior Spaces

  • 1-Story Property

Community Details

  • No Home Owners Association
  • 6,000 Sq Ft Building

Listing and Financial Details

  • Legal Lot and Block 36 / 10
  • Assessor Parcel Number 8114

Property Details

Property Type

Other

Est. Annual Taxes

$13,962

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Commercial
  • Business Type: Remarks
  • Lot Size: 2.00
  • Directions: From Hwy 601 (Rockford St) turn beside KFC and 1215 State St is behind it. Signs Posted!
  • Building Stories: 1
  • Year Built: 1984
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None
  • Stories: 1

Exterior Features

  • Lot Features: City Lot, Cleared

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 8114
  • Zoning: B4
  • TRIADMLS_AcresRange: -

Rental Info

  • Land Lease Amount: 1

Tax Info

  • Tax Block: 10
  • Tax Lot: 36
  • Tax Map Number: 5929

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2018
Sold by
State Street Dev Group
Bought by
M & S Real Estate Gmnh & Co
Current Estimated Value
$3,932,052

Purchase Details

Listed on
Jan 4, 2017
Closed on
Oct 25, 2017
Sold by
Torres Enterprises Llc
Bought by
State Street Development Group Llc
Seller's Agent
Susan Holder
Rogers Realty & Auction Co., Inc.
Buyer's Agent
Susan Holder
Rogers Realty & Auction Co., Inc.
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%
Original Mortgage
$1,248,225
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2011
Sold by
Torres Deborah D and Torres Venancio
Bought by
Torres Enterprises Llc
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
M & S Real Estate Gmnh & Co $2,079,500 --
State Street Development Group Llc $1,200,000 None Available
Torres Enterprises Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner State Street Development Group Llc $1,248,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $1,200,000 -20.0% --
03/17/2017 03/17/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $1,500,000 -- --
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
2025 $13,962 $2,777,140 $1,687,730 $1,089,410
2024 $18,876 $3,419,570 $1,607,360 $1,812,210
2023 $18,499 $3,419,570 $1,607,360 $1,812,210
2022 $18,499 $3,419,570 $1,607,360 $1,812,210
2021 $18,876 $3,419,570 $1,607,360 $1,812,210
2020 $18,636 $3,202,110 $1,339,470 $1,862,640
2019 $18,636 $3,202,110 $0 $0
2018 $4,858 $3,202,110 $0 $0
2017 $4,642 $797,540 $0 $0
2016 $4,642 $797,540 $0 $0
2013 -- $878,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Holder

    Seller's Agent in 2017

    Susan Holder

    Rogers Realty & Auction Co., Inc.

    (336) 789-2926

    54 Total Sales

    Susan Holder
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Map

Source: Triad MLS

MLS Number: 816996

Triad MLS

APN: 5929-10-36-8114

North Carolina Surry County Mount Airy 27030

1215 State St, Mount Airy, NC

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