NOT LISTED FOR SALE

Estimated Value: $1,282,455 - $1,369,000

6 Beds
3 Baths
2,742 Sq Ft
$485/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2022

Last sale price $950,000 $346 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,603 / mo

60 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • 1-minute walk to Cannon Park
  • Forced Air Heating System
  • Wood Siding

About This Home

As of March 2022

Welcome to 125 Ashley Ave, a great investment property with a long, successful and lucrative rental history! Home sits on a large corner lot and includes off street parking for at least 5 vehicles. Property has tons of historic character and features high ceilings throughout + gorgeous wood floors and many doors and trim work that is believed to be original to the home! This property offers 3 apartments totalling 6 bedrooms/6 tenants. There are 2 apartments downstairs both offering a 1 bed, 1 bath set up. Upstairs you will find the 3rd apartment featuring 4 bedrooms and 1 bathroom. This property has been lovingly cared for and well maintained with tremendous attention to tenants' comfort and well-being.Some recent improvements include a recoating of the roof in 2018 and 3 new HVAC units in 2016, 2017 & 2018 respectively! Come see why this listing has so much to offer!

Last Agent to Sell the Property

Nathan Naylor

Carolina One Real Estate License #96476 Listed on: 12/12/2021

Carolina One Real Estate

Last Buyer's Agent

Chris Eller

The Cassina Group License #46054

The Cassina Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Triplex
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 6 Bedrooms
  • 2,742 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Crawl Space
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Memminger Elementary School
  • Courtenay Middle School
  • Burke High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System

Community Details

  • 3 Units
  • Gross Income $80,040

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1895
  • Lot Size Acres: 0.12
  • Inclusions: Some Furniture
  • Subdivision Name: None
  • Directions: 2 Blocks South Of Calhoun St On The Corner Of Bennett & Ashley Ave.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Total Bedrooms: 6
  • Entry Location: Ground Level
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Metal
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other (Use Remarks)

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Memminger
  • High School: Burke
  • Middle Or Junior School: Courtenay

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 80040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2025
Sold by
Hughes Garland L
Bought by
Smalley Marvin
Current Estimated Value
$1,328,614

Purchase Details

Listed on
Dec 12, 2021
Closed on
Mar 21, 2022
Sold by
Moore Sheila C and Moore Stephen E
Bought by
Hughes Garland L
Seller's Agent
Nathan Naylor
Carolina One Real Estate
Buyer's Agent
Chris Eller
The Cassina Group
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$902,500
Interest Rate
3.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smalley Marvin $1,250,000 None Listed On Document
Hughes Garland L $950,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Garland L $902,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $950,000 -4.9% $346 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
12/12/2021 12/12/21 For Sale $999,000 -- $364 / Sq Ft
Source: CHS Regional MLS

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 $18,125 $57,000 $0 $0
2023 $16,480 $57,000 $0 $0
2022 $9,336 $34,560 $0 $0
2021 $9,222 $34,560 $0 $0
2020 $9,155 $34,560 $0 $0
2019 $8,374 $30,060 $0 $0
2017 $8,004 $30,060 $0 $0
2016 $7,746 $30,060 $0 $0
2015 $10,257 $30,060 $0 $0
2014 $8,824 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 21032284

CHS Regional MLS

APN: 457-03-01-029

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