NOT LISTED FOR SALE

1373 S Aspen St Lincolnton, NC 28092

Estimated Value: $147,000 - $195,000

2 Beds
2 Baths
960 Sq Ft
$172/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $140,000 $146 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $969/month

6 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Level Lot
  • More Than Two Accessible Exits
  • Baseboard Heating
  • Wood Siding

About This Home

As of October 2022

This is a great investment opportunity!! 2 unit duplex on a large lot close to downtown Lincolnton. Each unit is 1 bedroom, 1 bath. Bottom unit is rented month to month for 550.00 monthly, top unit is vacant at this time but was previously rented for 525.00. The top unit is available for viewing please do not disturb tenant in lower unit. It will be available for viewing with an accepted offer. Top unit has central heat and air, bottom unit is window air and baseboard heat.

Last Agent to Sell the Property

Susan Poteat

Gilleland Realty Inc License #262987 Listed on: 09/01/2022

Last Buyer's Agent

Kristie McBride

Copper Creek Realty LLC License #250574

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,122

Year Built

  • Built in 1950

Lot Details

  • 0.57

Home Design

  • 960 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Wood Siding

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Septic Tank

Additional Features

  • Electric Oven
  • More Than Two Accessible Exits
  • Shed
  • Level Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Rent includes sewer, water
  • Assessor Parcel Number 16320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,122

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Year Built: 1950
  • Ratio Current Price By Acre: 245614.04
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt
  • Structure Type: Duplex
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Tile, Vinyl, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Sq Ft Unheated Basement: 0
  • Porch: Covered,Front
  • Appliances: Electric Oven, Refrigerator
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 960
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1
  • Total Sq Ft: 480
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Sq Ft: 480

Exterior Features

  • Exterior Features: Shed(s)
  • New Construction: No
  • Tax Location: Lincolnton
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Space - 2

Utilities

  • Heating: Baseboard, Heat Pump, Heat Pump, Wall Unit(s), See Remarks
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: None
  • Water Source: Public

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.57
  • Lot Size Units: Acres
  • Parcel Number: 16320
  • Zoning Description: R-8
  • ResoLotSizeUnits: Acres

Rental Info

  • Rent Includes: Sewer, Water
  • Tenant Pays: Cable TV, Electricity
  • Pets Allowed: Yes

Tax Info

  • RATIO List Price By Tax Amount: 2.94164

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 21, 2022
Sold by
Beutel William D
Bought by
Gahrmann John and Gahrmann Allison
Seller's Agent
Susan Poteat
Gilleland Realty Inc
Buyer's Agent
Kristie McBride
Copper Creek Realty LLC
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Views
29
Current Estimated Value
$165,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,066
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Sep 18, 1992
Bought by
Beutel William D and Beutel Nancy A
Source: Public Records

Range of Values:

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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
Gahrmann John $140,000 --
Beutel William D $22,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $140,000 -6.7% $146 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $150,000 -- $156 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,122 $84,234 $17,000 $67,234
2024 $1,082 $84,234 $17,000 $67,234
2023 $1,072 $84,234 $17,000 $67,234
2022 $831 $50,992 $16,000 $34,992
2021 $831 $50,992 $16,000 $34,992
2020 $591 $50,992 $16,000 $34,992
2019 $591 $50,992 $16,000 $34,992
2018 $721 $44,303 $15,490 $28,813
2017 $519 $44,303 $15,490 $28,813
2016 $519 $44,303 $15,490 $28,813
2015 $680 $44,303 $15,490 $28,813
2014 $767 $51,926 $18,088 $33,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3875081

Canopy MLS (Canopy Realtor® Association)

APN: 16320