NOT LISTED FOR SALE

138 Fire Tower Rd Unit 138 & 140 Richlands, NC 28574

Estimated Value: $256,000 - $269,000

4 Beds
4 Baths
1,740 Sq Ft
$151/Sq Ft Est. Value

Last Sold January 29, 2019

Last sale price $121,500 $70 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,476/month

42 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Central Air
  • Covered Patio or Porch
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of January 2019

Don't Pass on this Amazing Passive Income Opportunity! A fully Renovated Duplex with 2 Beds & 2 Full Baths with a Laundry Room! Enjoy the Open Floor Concept with an Updated Kitchen Cabinets, Lighting & Appliances, Open and Accessible to the Living Room! All Laminate and Vinyl Flooring Throughout each Unit Makes It Easy to Have Tenants with Pets! The Back Yard is Nicely Fenced In with a Tall Chain Link Fence, Plus, a Wooden Privacy Fence Separates the Two Units! The Crawl Space was Completely Renovated in 2012 and Has an Active Contract to Honor the Space through Crawlspace Specialists that will Convey to the New Owner! An Active Termite Contract will Also Convey to the New Owner! Septic Tank was New in 2012 and Is Permitted to Effectively and Legally Accommodate the Duplex!

Last Agent to Sell the Property

Donna Chase

Coldwell Banker Sea Coast Advantage - Jacksonville License #272215 Listed on: 11/05/2018

Last Buyer's Agent

Chasity Debarber

Century 21 American Properties, Inc License #265967

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,029

Year Built

  • Built in 1940

Lot Details

  • 0.91 Acre Lot
  • Fenced Yard
  • Chain Link Fence

Home Design

  • Duplex
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bathrooms
  • 1-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • On-Site Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Meadow View Elementary School
  • Southwest Middle School
  • Southwest High School

Utilities

  • Central Air
  • Heat Pump System
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 100-13

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,029

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, Vinyl
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Smoke Detectors, Wash/Dry Connect
  • Laundry Location: Room
  • List Price per Sq Ft: 74.66
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 4

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard, Chain Link
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: On Site, Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: County Water
  • Sewer: Septic On Site

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: Yes

Lot Info

  • Deed Page: 851.00
  • Lot Acres: 0.91
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 39640.00
  • Plat Book: 0000
  • Plat Page: 00
  • Zoning: R-15

Rental Info

  • Rental Income Gross Rental Income: 750.00
  • Annual Gross Rental Income Collected: 16560

Tax Info

  • Tax Identifier: 100-13
  • Tax Year: 2018

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Meadow View
  • High School: Southwest
  • Middle School: Southwest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Anthony Truong
Bought by
Coleman Phillip Wayne and Coleman Taylor Lynn
Current Estimated Value
$262,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$140,522
Interest Rate
4.16%
Mortgage Type
Balloon
Estimated Equity
$121,593

Purchase Details

Closed on
Sep 12, 2014
Sold by
Dayer William and Dayer Robert
Bought by
Dayer Robert J and Dayer Madeline E

Purchase Details

Closed on
Mar 6, 2008
Sold by
Gandy Obed L and Gandy Carolyn
Bought by
Dayer Robert and Dayer William
Source: Public Records

Range of Values:

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Average Value
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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
Coleman Phillip Wayne $200,000 None Listed On Document
Dayer Robert J -- None Available
Dayer Robert $39,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Phillip Wayne $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2019 01/29/19 Sold $121,500 -6.5% $70 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $129,900 -- $75 / 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 $1,029 $157,136 $37,860 $119,276
2024 $1,029 $157,136 $37,860 $119,276
2023 $1,029 $157,136 $37,860 $119,276
2022 $1,029 $157,136 $37,860 $119,276
2021 $559 $79,240 $26,500 $52,740
2020 $559 $79,240 $26,500 $52,740
2019 $559 $79,240 $26,500 $52,740
2018 $559 $79,240 $26,500 $52,740
2017 $569 $84,270 $26,500 $57,770
2016 $569 $84,270 $0 $0
2015 $569 $84,270 $0 $0
2014 $569 $84,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100139197

Hive MLS

APN: 004817