NOT LISTED FOR SALE

1400 Dallas Cherryville Hwy Dallas, NC 28034

14 Beds
7 Baths
5,479 Sq Ft
2.13 Acres

Last Sold May 03, 2022

Last sale price $1,000,000 $183 Per Sq Ft

37 Days on Market

Highlights

  • Wooded Lot
  • Laundry Room
  • Forced Air Heating System
  • Ranch Style House
  • Shed
  • 4-minute walk to Dallas Park

About This Home

As of May 2022

Portfolio of six homes and one commercial garage available for sale in Dallas; ideally situated off Hwy 321 near Gaston College. The package sale consists of 8 income producing units. Seven of the eight units span across six homes and one unit is an unheated 954 sqft garage being rented as a storage facility to a local business. Two homes are not rented but will be available for rent upon the sale of the portfolio. There is an immediate value add opportunity as current rents are approximately $200 below market rent. Moreover, all homes have been well maintained and have undergone updates under the current ownership so CAPEX should continue to remain low in the short term. The best part from a management perspective is that all homes are collocated on one lot with two homes facing Dallas Cherryville Hwy and the remaining units positioned along a private road (Finger Lane) off Dallas Cherryville Hwy.

Last Agent to Sell the Property

Jose Sanchez

Keller Williams Premier License #282609 Listed on: 03/07/2022

Keller Williams Premier

Last Buyer's Agent

Jose Sanchez

Keller Williams Premier License #282609 Listed on: 03/07/2022

Keller Williams Premier

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • Level Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 5,479 Sq Ft Home
  • Dining Area
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Range

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Full Bathrooms

Outdoor Features

  • Shed

Schools

  • Costner Elementary School
  • W.C. Friday Middle School
  • North Gaston High School

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Shared Well
  • Septic Tank
  • Shared Septic

Community Details

  • 8 Units

Listing and Financial Details

  • Tenant pays for exterior maintenance, garbage pick-up, all utilities
  • Assessor Parcel Number 219406

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Architectural Style: Ranch
  • Year Built: 1955
  • Ratio Current Price By Acre: 454545.45
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt
  • Structure Type: Other
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: No
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 1432
  • Sq Ft Unheated Basement: 0
  • Room Other: Bathroom(s),Bedroom(s),Dining Area,Kitchen
  • Appliances: Electric Oven, Electric Range, Gas Range, Natural Gas, Oven, Refrigerator
  • Full Bathrooms: 7
  • Total Bedrooms: 14
  • Below Grade Sq Ft: 1000
  • Living Area: 5479
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 1162
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 1000
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 855
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 893
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 893
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 862
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 814
  • Total Sq Ft: 0

Exterior Features

  • Exterior Features: Shed(s)
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Dallas
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Concrete, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Forced Air, Gas Hot Air Furnace
  • Sewer: Septic Installed, Shared Septic
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public, Shared Well

Condo/Co-op/Association

  • Community Features: None

Schools

  • Middle Or Junior School: W.C. Friday
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Sloped, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 219406
  • Plat Book Slide: 4-143
  • Plat Reference Section Pages: 4-143
  • Lot Size: (173.4+62.22)'x496.98'x(15.86+151.13)'x465.91'
  • Zoning Description: R-10

Rental Info

  • Rent Includes: See Remarks
  • Tenant Pays: Exterior Maintenance, Garbage Pick-up, All Utilities
  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 2.89110

Multi Family

  • Number Of Units Total: 8
  • Unit Count: 8

MLS Schools

  • Elementary School: Costner
  • High School: North Gaston

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2022 05/03/22 Sold $1,000,000 -2.3% $183 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $1,024,000 -- $187 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jose Sanchez

    Seller's Agent in 2022

    Jose Sanchez

    Keller Williams Premier

    (980) 285-8093

    5 in this area

    253 Total Sales

    Jose Sanchez
    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3835391

Canopy MLS (Canopy Realtor® Association)

APN: 219406

North Carolina Gaston County Dallas 28034

1400 Dallas Cherryville Hwy, Dallas, NC

Not Listed for Sale

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.

Canopy MLS (Canopy Realtor® Association) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes