$425,000
SOLD OCT 24, 2024

123 Silversteen Dr Brevard, NC 28712

6 Beds
2 Baths
1,022 Sq Ft
0.28 Acres

Recently Sold

$416 Per Sq Ft

14% Below List Price

69 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Walk-Up Access
  • Laundry Room

About This Home

As of October 2024

Motivated Seller!! Located in walking distance to downtown Brevard, this fully renovated duplex offers modern upgrades throughout. Both units feature new flooring, new windows, enhanced insulation, and central heat and air. The upper unit has an open floor plan, brand new kitchen and bath, and 4 bedrooms. It is currently occupied with tenants paying $1,800/month on a year lease and they wish to stay. The lower unit, with 2 bedrooms and 1 bath, boasts new tile flooring, a updated kitchen, and bath. It is also currently occupied renting $1,500/month on a month to month basis. This property is a fantastic income opportunity in a prime location—don’t miss out!

Last Agent to Sell the Property

Megan Sotirakopulos

Witherspoon Platt Associates Brokerage Email: megan@wpanc.com License #340915 Listed on: 08/09/2024

Last Buyer's Agent

Debbie Wiggins

Berkshire Hathaway HomeServices License #300029

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,745

Year Built

  • Built in 1950

Home Design

  • 1,022 Sq Ft Home
  • Duplex
  • Metal Roof
  • Vinyl Siding

Kitchen

  • Electric Range
  • Range Hood

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Basement

  • Walk-Up Access
  • Apartment Living Space in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 8585-39-3187-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,745

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Road Surface Type: None, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: megan@wpanc.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Tile, Wood
  • Appliances: Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 439
  • Has Basement: Apartment, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 583
  • Living Area: 1022
  • Unit Type Features: Open Floorplan

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Ductless, Electric, Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
  • Cooling: Central Air, Ductless
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.28
  • Lot Size Units: Acres
  • Parcel Number: 8585-39-3187-000
  • Zoning: GR8
  • Plat Book Slide: 1/67
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR8

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: No

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

Listed on
Aug 9, 2024
Closed on
Oct 21, 2024
Sold by
Villafranca Jenry Omar
Bought by
Harmon Mark
Seller's Agent
Megan Sotirakopulos
Witherspoon Platt Associates
Buyer's Agent
Debbie Wiggins
Berkshire Hathaway HomeServices
List Price
$495,000
Sold Price
$425,000
Premium/Discount to List
-$70,000
-14.14%
Views
24
Current Estimated Value
$489,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,348
Avg. Annual Appreciation
18.25%

Purchase Details

Listed on
Jun 26, 2022
Closed on
Oct 4, 2022
Sold by
Stoneburner Elizabeth L and Stoneburner Harvey
Bought by
Villafranca Jenry Omar
Seller's Agent
Jake Tibstra
Looking Glass Realty, Connestee Falls
Buyer's Agent
Hunter Reese
Petit Properties Inc
List Price
$335,000
Sold Price
$255,000
Premium/Discount to List
-$80,000
-23.88%
Views
134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.30%

Purchase Details

Closed on
Feb 7, 2006
Sold by
Mcelory James N and Mcelroy Janice M
Bought by
Stoneburner Harvey and Stoneburner Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
6.19%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $425,000 None Listed On Document
Warranty Deed $255,000 --
Warranty Deed $77,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $405,000 New Conventional
Previous Owner $73,000 New Conventional
Previous Owner $57,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $425,000 -6.6% $416 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
09/19/2024 09/19/24 Price Changed $455,000 -4.2% $445 / Sq Ft
08/30/2024 08/30/24 Price Changed $475,000 -4.0% $465 / Sq Ft
08/09/2024 08/09/24 For Sale $495,000 +94.1% $484 / Sq Ft
10/07/2022 10/07/22 Sold $255,000 -7.2% $161 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/14/2022 09/14/22 Price Changed $274,900 -1.5% $174 / Sq Ft
09/02/2022 09/02/22 Price Changed $279,000 -3.5% $176 / Sq Ft
08/26/2022 08/26/22 Price Changed $289,000 -3.3% $182 / Sq Ft
07/19/2022 07/19/22 Price Changed $299,000 -10.7% $189 / Sq Ft
06/26/2022 06/26/22 For Sale $335,000 -- $211 / 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 $1,745 $425,010 $75,000 $350,010
2024 $1,614 $267,580 $60,000 $207,580
2023 $1,029 $170,580 $60,000 $110,580
2022 $1,029 $170,580 $60,000 $110,580
2021 $1,029 $170,580 $60,000 $110,580
2020 $550 $86,480 $0 $0
2019 $550 $86,480 $0 $0
2018 $883 $86,480 $0 $0
2017 $870 $86,480 $0 $0
2016 $857 $86,480 $0 $0
2015 $780 $93,800 $30,000 $63,800
2014 $780 $93,800 $30,000 $63,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4170438

Canopy MLS (Canopy Realtor® Association)

APN: 8585-39-3187-000