NOT LISTED FOR SALE

14 Sweet Pea Dr Alexander, NC 28701

3 Beds
7 Baths
1,272 Sq Ft
2.43 Acre Lot

Sale Details

Date Sold: April 25, 2024

Last sale price $326,000 $256 Per Sq Ft

4 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Living Room
  • North Buncombe Middle Rated A-
  • Front Porch
  • Laundry Room

About This Home

As of April 2024

This is an incredible investment opportunity!
This MH park includes an unoccupied 2/2 mobile an occupied 2/2 mobile and an abandoned mobile home conversion. There are three rented lots with tenant owned units and a vacant lot that is not rented.
Currently the rents are considerably under market, the seller wishes for 6 month leases at current rates to be signed for the current tenants.

In conservative speculation, not including any potential income from the abandoned home this park could cash flow at $3,800 a month. That's $1,100 monthly per each park owned 2/2 and $400 monthly for each
lot.

This property could easily deliver a return well past the 1% rule.

Last Agent to Sell the Property

Zach Penland

NextHome Partners Brokerage Email: zach@dwellavl.com License #329299 Listed on: 11/03/2023

Last Buyer's Agent

Karen Svites

Karen Svites Realty Inc. License #259985

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020

Lot Details

  • Level Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,272 Sq Ft Home
  • Living Room
  • Mountain Views
  • Crawl Space
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 7 Full Bathrooms

Outdoor Features

  • Shed
  • Outbuilding
  • Front Porch

Utilities

  • Heat Pump System
  • Shared Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for management, sewer, trash collection, water
  • Assessor Parcel Number 9722-38-5436-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 2020

Lot Details

2.43 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 2020
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: zach@dwellavl.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Crawl Space, Pillar/Post/Pier
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Room Other: Bedroom(s),Bathroom(s),Living Room,Laundry
  • Appliances: Other
  • Owner Pays: Management, Sewer, Trash Collection, Water
  • Basement YN: No
  • Full Bathrooms: 7
  • Total Bedrooms: 3
  • Living Area: 1272

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Manufactured
  • View: Mountain(s), Winter
  • Exclusions: N/A
  • Construction Type: Vinyl
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Main Level, Other - See Remarks
  • Cooling: Heat Pump
  • Utilities: Cable Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Complex Name: None
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level, Rolling Slope, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 9722-38-5436-00000
  • Zoning: OU
  • Plat Book Slide: 0000/0000
  • Development Status: Completed
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

Rental Info

  • Tenant Pays: Electricity
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
04/25/2024 04/25/24 Sold $326,000 +8.7% $256 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $300,000 -- $236 / 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 -- $283,500 $82,600 $200,900
2024 -- $192,800 $40,800 $152,000
2023 $334 $165,200 $40,800 $124,400
2022 $1,090 $165,200 $0 $0
2021 $314 $165,200 $0 $0
2020 $1,275 $154,000 $0 $0
2019 $1,248 $154,000 $0 $0
2018 $1,197 $151,800 $0 $0
2017 $397 $94,800 $0 $0
2016 $1,102 $94,800 $0 $0
2015 $1,103 $94,800 $0 $0
2014 $1,144 $94,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 4084708

Canopy MLS
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