Stacy Slone
Keller Williams Elite Realty
(888) 411-8902
225 Total Sales
1 in Willow Spring
$380,000 Price
12600 Old Stage Rd Willow Spring, NC 27592
Willow Spring AreaEstimated Value: $608,000 - $821,000
20
Beds
12
Baths
10,823
Sq Ft
$68/Sq Ft
Est. Value
Highlights
- 8.61 Acre Lot
- No HOA
- 1-Story Property
- Willow Springs Elementary School Rated A
- Vinyl Flooring
About This Home
As of July 2025A rare opportunity to acquire a high-performing rental portfolio generating over $100,000 in annual rental income with a 10% CAP rate. This 8.6-acre property includes 5 single-family homes and 4 duplexes (12 doors total)—most of the homes have been extensively renovated and are leased through February 2026, with just one unit currently on a month-to-month lease. The homes are in move-in ready condition, offering a turnkey solution for investors seeking immediate cash flow. Strategically located near Panther Lake, this property also provides potential for creative long-term exit strategies, future development, or value-add opportunities. A vacant duplex on-site presents the possibility to increase the portfolio to 14 total units, further enhancing returns. With room to raise rents and long-term growth potential, this property offers both stability and upside for savvy investors.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,474
Year Built
- Built in 1920
Lot Details
- 8.61 Acre Lot
Home Design
- Concrete Foundation
- Slab Foundation
- Shingle Roof
Interior Spaces
- 10,823 Sq Ft Home
- 1-Story Property
- Vinyl Flooring
Bedrooms and Bathrooms
- 20 Bedrooms
- 12 Full Bathrooms
Parking
- 20 Parking Spaces
- 20 Open Parking Spaces
Schools
- Willow Springs Elementary School
- Herbert Akins Road Middle School
- Willow Spring High School
Utilities
- Cooling Available
- Shared Well
- Septic Tank
- Shared Septic
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0696109576
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2025
Closed on
Jul 9, 2025
Sold by
Villa Casa Llc
Bought by
Seller's Agent
Robert Buesser
DASH Carolina
Buyer's Agent
Kevin Van Zyl
Kevin Van Zyl
List Price
$835,000
Sold Price
$775,000
Premium/Discount to List
-$60,000
-7.19%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,333
Avg. Annual Appreciation
-4.61%
Purchase Details
Closed on
Dec 2, 2021
Sold by
Lucas Melinda Mitchiner and Lucas Jonathan Carl
Bought by
Zenith Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.14%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 1, 2021
Sold by
Zenith Trust Llc
Bought by
Villa Casa Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.14%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 27, 2005
Sold by
Schaler Raymond T and Schaler Vivian L
Bought by
Mitchiner Eugene Hoke
Purchase Details
Closed on
Nov 30, 2004
Sold by
Bunn Wilton Leroy and Bunn Pamela Edwards
Bought by
Schaler Raymond T and Schaler Karen C
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Willow Spring, NC
-
Stacy Slone
-
Jackie Force
Jackie Force
Real Broker, LLC
(984) 205-8871
78 Total Sales
1 in Willow Spring
$612,000 Price
-
Shirley Brett
Shirley Brett
HomeTowne Realty
(888) 292-0682
28 Total Sales
1 in Willow Spring
$499,000 Price
-
Nicholas Yarrington
Nicholas Yarrington
Grow Local Realty, LLC
(910) 684-3156
485 Total Sales
1 in Willow Spring
$214,000 Price
-
Lee Goldstein
Lee Goldstein
Intrust Realty, Inc.
(984) 789-3355
112 Total Sales
1 in Willow Spring
$345,000 Price
-
Tanya Ireland
Tanya Ireland
Hodge & Kittrell Sothebys INTE
(984) 368-5279
70 Total Sales
4 in Willow Spring
$537K - $650K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $775,000 | None Listed On Document | ||
| Zenith Trust | $180,000 | None Listed On Document | |
| Villa Casa Llc | $350,000 | None Listed On Document | |
| Mitchiner Eugene Hoke | $325,000 | -- | |
| Schaler Raymond T | $271,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $250,000 | ||
| Previous Owner | Villa Casa Llc | $100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Sold | $775,000 | -7.2% | $72 / Sq Ft |
| 06/16/2025 06/16/25 | Pending | -- | -- | -- |
| 06/12/2025 06/12/25 | For Sale | $835,000 | -- | $77 / Sq Ft |
Source: Doorify MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | -- | $350,129 | $109,788 | $240,341 |
| 2024 | $2,474 | $350,129 | $109,788 | $240,341 |
| 2023 | $4,176 | $497,102 | $167,942 | $329,160 |
| 2022 | $3,890 | $497,102 | $167,942 | $329,160 |
| 2021 | $3,793 | $497,102 | $167,942 | $329,160 |
| 2020 | $3,735 | $497,102 | $167,942 | $329,160 |
| 2019 | $4,056 | $459,953 | $208,050 | $251,903 |
| 2018 | $3,751 | $459,953 | $208,050 | $251,903 |
| 2017 | $3,570 | $459,953 | $208,050 | $251,903 |
| 2016 | $3,511 | $460,953 | $209,050 | $251,903 |
| 2015 | $3,720 | $492,457 | $222,860 | $269,597 |
| 2014 | -- | $492,457 | $222,860 | $269,597 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Buesser
Seller's Agent in 2025
Robert Buesser
DASH Carolina
(201) 675-6780
76 Total Sales
-
Kevin Van Zyl
KV
Buyer's Agent in 2025
Kevin Van Zyl
Kevin Van Zyl
(919) 608-1306
66 Total Sales
Map
Source: Doorify MLS
MLS Number: 10102712
APN: 0696.03-10-9576-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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