NOT LISTED FOR SALE

1221 Franklin Ave High Point, NC 27260

Greater High Point Neighborhood

Estimated Value: $83,000 - $218,000

4 Beds
2 Baths
1,836 Sq Ft
$76/Sq Ft Est. Value

Last Sold July 24, 2019

Last sale price $21,000 $11 Per Sq Ft

Est. 561% increase in value since last sale

Current estimated payment $749/month

170 Days on Market

About This Home

As of July 2019

The is a great income property opportunity. This duplex consists of two, 2 bedroom, one bath units. Large lot. Located just east of downtown and minutes from HPU.

Last Agent to Sell the Property

Sherkica McIntyre

Carod Properties LLC License #230151 Listed on: 01/05/2019

Last Buyer's Agent

David Recendez

Cloud Realty LLC License #289444

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $206

Year Built

  • Built in 1964

Lot Details

  • 7,405

Home Design

  • Duplex

Additional Features

  • 7,405 Sq Ft Lot
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0174656
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$206

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Directions: From S.University Parkway, Left on E. Green St., Left on Meredith St., Left on Franklin St. Unit on the right.
  • Year Built: 1964
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None, See Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0174656
  • Zoning: RM-8
  • TRIADMLS_AcresRange: 0 - 0

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 206
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2019
Closed on
Jul 24, 2019
Sold by
Parker Octavius and Parker Jasmine
Bought by
Tejada Eddys Joel and Tejada Arelis
Seller's Agent
Sherkica McIntyre
Carod Properties LLC
Buyer's Agent
David Recendez
Cloud Realty LLC
List Price
$29,500
Sold Price
$21,000
Premium/Discount to List
-$8,500
-28.81%
Current Estimated Value
$138,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,890
Avg. Annual Appreciation
34.59%

Purchase Details

Listed on
Jul 16, 2018
Closed on
Oct 11, 2018
Sold by
Aes Premium Financing Llc
Bought by
Parker Octavius and Parker Jasmine
Seller's Agent
Scott Myers
Price REALTORS
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$32,900
Sold Price
$11,500
Premium/Discount to List
-$21,400
-65.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
123.20%

Purchase Details

Closed on
Mar 2, 2005
Sold by
Omni National Bank
Bought by
Schwarz Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 16, 2004
Sold by
Tickle Stacy C and Tickle Candice H
Bought by
Omni National Bank

Purchase Details

Closed on
Jan 23, 2003
Sold by
Norwest Bank Minnesota Na
Bought by
Brown Garland and Brown Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
12%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2002
Sold by
Rease James R
Bought by
Norwest Bank Minnesota Na and Salomon Brothers Mtg Securities Vii Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tejada Eddys Joel $21,000 None Available
Parker Octavius $11,500 None Available
Schwarz Properties Llc $34,000 --
Omni National Bank -- --
Brown Garland $20,000 --
Norwest Bank Minnesota Na $32,434 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwarz Properties Llc $34,500
Previous Owner Brown Garland $40,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2019 07/24/19 Sold $21,000 -28.8% $11 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
01/05/2019 01/05/19 For Sale $29,500 +156.5% $16 / Sq Ft
10/25/2018 10/25/18 Sold $11,500 -65.0% $10 / Sq Ft View Prior Sale
10/01/2018 10/01/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $32,900 -- $27 / 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
2025 $207 $15,000 $15,000 --
2024 $207 $15,000 $15,000 --
2023 $207 $15,000 $15,000 $11,800
2022 $361 $26,800 $15,000 $11,800
2021 $207 $15,000 $5,000 $10,000
2020 $207 $15,000 $5,000 $10,000
2019 $207 $15,000 $0 $0
2018 $206 $15,000 $0 $0
2017 $207 $15,000 $0 $0
2016 $210 $15,000 $0 $0
2015 $212 $15,000 $0 $0
2014 $215 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherkica McIntyre

    Seller's Agent in 2019

    Sherkica McIntyre

    Carod Properties LLC

    (704) 944-5501

    3 in this area

    56 Total Sales

    Sherkica McIntyre
    Section Image
  • David Recendez

    Buyer's Agent in 2019

    David Recendez

    Cloud Realty LLC

    (336) 963-9741

    15 in this area

    167 Total Sales

    David Recendez
    Section Image
  • Scott Myers

    Seller's Agent in 2018

    Scott Myers

    Price REALTORS

    (336) 906-4069

    26 in this area

    83 Total Sales

    Scott Myers
    Section Image
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Map

Source: Triad MLS

MLS Number: 913535

Triad MLS

APN: 0174656

North Carolina Guilford County High Point 27260 Greater High Point

1221 Franklin Ave, High Point, NC

Not Listed for Sale

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