NOT LISTED FOR SALE

131 Preston Rd Jacksonville, NC 28540

Estimated Value: $250,000 - $303,000

4 Beds
2 Baths
30,013 Sq Ft
$9/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $275,000 $9 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,715/month

35 Days on Market

About This Home

As of April 2023

Rental investment opportunity! Six total units, including house with upstairs and downstairs apartments, separate single apartment unit, and 3-unit triplex building. Total .44 acre lot, centrally located in Jacksonville city limits. All units are currently vacant.

Last Agent to Sell the Property

Matthew Ray

Ray Properties, INC License #266827 Listed on: 10/03/2022

Co-Listed By

Melissa Kepes

Ray Properties, INC License #145288

Last Buyer's Agent

Raymond Evans III

RE/MAX Elite Realty Group License #237044

RE/MAX Elite Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,378

Year Built

  • Built in 1948

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 130x149

Parking

  • On-Site Parking
  • Off-Street Parking

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • 6 Units
  • Elizabeth Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 425-130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,378

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: G
  • Sub Type: Multi-Family
  • Sub Type2: Other
  • Cobra Zone: No
  • New Construction: No
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Road Type Frontage: 2 - 3 Lanes, Maintained, Paved, Public (City/Cty/St)

Garage/Parking

  • Parking Driveway: Off Street, On Site

Utilities

  • Utilities: City Water, Municipal Sewer
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Book: 5311
  • Deed Page: 384.00
  • Lot Acres: 0.69
  • Lot Dimensions: 130x149
  • Lot Sq Ft: 30013.00
  • Plat Book: 02
  • Plat Page: 185
  • Special Assessments: None known
  • Zoning: RSF-5

Tax Info

  • Tax Identifier: 425-130
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 2377.93

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Apr 5, 2023
Sold by
Stallings J M
Bought by
Js Enterprises Of Swansboro Ll
Seller's Agent
Matthew Ray
Ray Properties, INC
Buyer's Agent
Raymond Evans III
RE/MAX Elite Realty Group
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Views
124
Current Estimated Value
$278,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,902
Avg. Annual Appreciation
0.16%
Original Mortgage
$125,000
Outstanding Balance
$121,593
Interest Rate
6.5%
Estimated Equity
$154,482

Purchase Details

Closed on
Dec 14, 2022
Sold by
Js Enterprises Of Swansboro Ll
Bought by
Re Iii Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2020
Sold by
Stohr C K and Preston 1117 Trust
Bought by
J S Enterprises Of Swansboro Llc

Purchase Details

Closed on
Nov 13, 1981
Bought by
Morton Gary R
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 Buyer Sale Price Title Company
Js Enterprises Of Swansboro Ll -- --
Js Enterprises Of Swansboro Ll -- None Listed On Document
Re Iii Properties Llc $275,000 --
Re Iii Properties Llc $275,000 None Listed On Document
J S Enterprises Of Swansboro Llc -- None Available
Morton Gary R $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Re Iii Properties Llc $125,000
Previous Owner Re Iii Properties Llc $200,000
Closed Re Iii Properties Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $275,000 -15.4% $9 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $325,000 -- $11 / Sq Ft
Source: Hive 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
2025 $2,378 $189,477 $25,000 $164,477
2024 $2,378 $189,477 $25,000 $164,477
2023 $2,378 $189,477 $25,000 $164,477
2022 $2,378 $189,477 $25,000 $164,477
2021 $2,069 $153,620 $20,000 $133,620
2020 $2,069 $153,620 $20,000 $133,620
2019 $2,069 $153,620 $20,000 $133,620
2018 $2,069 $153,620 $20,000 $133,620
2017 $2,104 $159,790 $22,500 $137,290
2016 $2,104 $159,790 $0 $0
2015 $2,104 $159,790 $0 $0
2014 $2,104 $159,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Ray

    Seller's Agent in 2023

    Matthew Ray

    Ray Properties, INC

    (910) 330-0914

    59 Total Sales

    Matthew Ray
    Section Image
  • Melissa Kepes

    Seller Co-Listing Agent in 2023

    Melissa Kepes

    Ray Properties, INC

    (910) 330-0914

    92 Total Sales

    Melissa Kepes
    Section Image
  • Raymond Evans III

    Buyer's Agent in 2023

    Raymond Evans III

    RE/MAX

    (910) 381-4632

    367 Total Sales

    Raymond Evans III
    Section Image

  • R

    Buyer's Agent in 2023

    Raymond Evans

    RE/MAX Elite Realty Group

  • R

    Buyer's Agent in 2023

    Ray Evans

    HOMETEAM REAL ESTATE

    Section Image
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Map

Source: Hive MLS

MLS Number: 100352002

Hive MLS

APN: 014028

North Carolina Onslow County Jacksonville 28540

131 Preston Rd, Jacksonville, NC

This home is located at 131 Preston Rd, Jacksonville, NC 28540 since 03 October 2022 and is currently estimated at $278,902, approximately $9 per square foot. This property was built in 1948. 131 Preston Rd is a home located in Onslow County with nearby schools including Clyde Erwin Elementary School, Northwoods Park Middle School, and Jacksonville High School.

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.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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