$50,000
SOLD JUL 16, 2015 RENTED AUG 16, 2024
-- Bed
-- Bath
6,000 Sq Ft
0.5 Acres

Recently Sold

$8 Per Sq Ft

58% Below List Price

19 Days on Market

Highlights

  • 0.5 Acre Lot
  • No HOA
  • Vinyl Flooring

About This Home

As of July 2015

Six units, each containing 3 BR, 1 bath.

Last Agent to Sell the Property

Dot Elliott

Conrad, Realtors License #9829 Listed on: 03/07/2015

Last Buyer's Agent

Dot Elliott

Conrad, Realtors License #9829 Listed on: 03/07/2015

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1988

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 140.12 x 155.53 x 140.26 x 150.7

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Vinyl Flooring

Schools

  • Southwest Middle School
  • Southwest High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Water Heater

Listing and Financial Details

  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 6,000 Sq Ft Building

Building Details

  • 4 Leased Units

Property Details

Home Type

Apartment

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Lot Size: 140.12 x 155.53 x 140.26 x 150.7
  • Directions: From Main St., east on Green.
  • Building Stories: 1
  • Year Built: 1988
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Vinyl
  • TRIADMLS_ApproxSqFtRange: 5400 - 6300
  • TRIADMLS_Storage: Closet

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Triangle Lake Montessori
  • High School: Southwest
  • Middle Or Junior School: Southwest

Lot Info

  • Zoning: RM8
  • TRIADMLS_DeedPage: 2451
  • TRIADMLS_DeedBook: 7663

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 6
  • Number Of Units Furnished: None
  • Number Of Units Leased: 4

Tax Info

  • Tax Annual Amount: 1335.06
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2015
Closed on
Jul 16, 2015
Sold by
Friends Homes Inc
Bought by
Real Estate Investors Of The Triad Llc
Seller's Agent
Dot Elliott
Conrad, Realtors
Buyer's Agent
Dot Elliott
Conrad, Realtors
List Price
$120,000
Sold Price
$50,000
Premium/Discount to List
-$70,000
-58.33%
Current Estimated Value
$347,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,564
Avg. Annual Appreciation
21.81%
Original Mortgage
$100,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2014
Sold by
Rihp Llc
Bought by
Friends Homes Inc

Purchase Details

Closed on
Mar 13, 1998
Bought by
Rihp Llc
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 $50,000 None Available
Gift Deed -- None Available
Warranty Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Commercial
Closed $100,000 New Conventional
Closed $50,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Rented $995 0.0% --
07/08/2024 07/08/24 For Rent $995 +17.1% --
01/09/2024 01/09/24 Rented $850 0.0% --
12/05/2023 12/05/23 For Rent $850 +6.9% --
04/01/2023 04/01/23 Rented $795 0.0% --
03/11/2023 03/11/23 For Rent $795 0.0% --
07/16/2015 07/16/15 Sold $50,000 -58.3% $8 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
03/07/2015 03/07/15 For Sale $120,000 -- $20 / 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
2023 $2,392 $173,600 $10,000 $163,600
2022 $2,340 $173,600 $10,000 $163,600
2021 $1,790 $129,900 $5,000 $124,900
2020 $1,790 $129,900 $5,000 $124,900
2019 $1,790 $129,900 $0 $0
2018 $1,781 $129,900 $0 $0
2017 $1,790 $129,900 $0 $0
2016 $840 $59,900 $0 $0
2015 $845 $59,900 $0 $0
2014 -- $59,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 733055

Triad MLS

APN: 0174693