NOT LISTED FOR SALE

1280 S Hayne St Monroe, NC 28112

Monroe Area
2 Beds
1 Bath
16,608 Sq Ft
1.4 Acre Lot

Sale Details

Date Sold: June 7, 2017

Last sale price $1,625,000 $98 Per Sq Ft

6 Days on Market

Highlights

  • Storm Doors
  • Carpet
  • Garden Home

About This Home

As of June 2017

Income producing multifamily consisting of two complexes totaling 24 units. All are in fantastic condition with 2 bedrooms and 1 bath. Owner has taking in pride in keeping units updated replaced several stair cases this year , newer roofs and HVAC in tip top shape.and 100% occupied.
16 units on one property 8 on other must sell together. Tenants pay own utilities except owner provides garbage and outside lighting. Close proximity to hospitals and shopping. Great location.

Last Agent to Sell the Property

Janice Fay

Century 21 Providence Realty License #237453 Listed on: 02/28/2017

Last Buyer's Agent

myron williams

Myron Williams Real Estate, LLC License #187726

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 1.4

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Full Bathroom

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes garbage pick-up, outdoor lighting, snow removal
  • Assessor Parcel Number 09-237-056-A&09238148

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

1.4 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Architectural Style: Garden
  • Ratio Close Price By List Price: 0.81250
  • Ratio Close Price By Original Li: 0.81250
  • Ratio Current Price By Acre: 1160714.29
  • Ratio Current Price By Sq Ft: 97.84
  • Year Built: 1989
  • Property Features: Cable Available, Dishwasher, Porch/Patio, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Dryer Hookup, Electric Range, Refrigerator, Electric Oven
  • Flooring: Carpet, Vinyl
  • Laundry Location: Closet
  • Total Sq Ft: 16608

Exterior Features

  • Construction: Brick Full, Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Lot

Utilities

  • Heating: Heat Pump - AC
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 09-237-056-A&09238148
  • Zoning Specification: AW7

Rental Info

  • Rent Includes: Garbage Pick-up, Outdoor Lighting, Snow Removal
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 402000.00
  • Tax Location: Monroe

Multi Family

  • Number Of Units Total: 24

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
Feb 28, 2017
Closed on
Jun 7, 2017
Sold by
Bought by
Seller's Agent
Janice Fay
Century 21 Providence Realty
Buyer's Agent
myron williams
Myron Williams Real Estate, LLC
List Price
$2,000,000
Sold Price
$1,625,000
Premium/Discount to List
-$375,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,207,000
Interest Rate
0.0403%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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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
$16,250 None Available
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
Open $1,207,000
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
06/07/2017 06/07/17 Sold $1,625,000 -18.8% $98 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $2,000,000 -- $120 / Sq Ft
Source: Canopy 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 $6,666 $762,500 $0 $762,500
2024 $4,982 $456,900 $28,800 $428,100
2023 $4,982 $456,900 $28,800 $428,100
2022 $4,982 $456,900 $28,800 $428,100
2021 $4,982 $456,900 $28,800 $428,100
2020 $5,416 $402,020 $18,020 $384,000
2019 $5,416 $402,020 $18,020 $384,000
2018 $2,478 $402,020 $18,020 $384,000
2017 $5,497 $402,000 $18,000 $384,000
2016 $3,081 $402,020 $18,020 $384,000
2015 $3,122 $402,020 $18,020 $384,000
2014 $4,932 $404,250 $21,310 $382,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3255656

Canopy MLS
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