NOT LISTED FOR SALE

1401 Brevard Rd Hendersonville, NC 28791

Estimated Value: $322,000

4 Beds
2 Baths
925 Sq Ft
$348/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $120,000 $130 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,740/month

5 Days on Market

About This Home

As of April 2019

Great Investment Potential! Upper/lower level duplex in convenient location. Each unit features 2 bedrooms, 1 bathroom with private carport. City water, natural gas, conventional septic system. Outstanding capitalization rate potential.

Last Agent to Sell the Property

Hunter Donaldson

Apple Country Realty LLC License #281231 Listed on: 03/04/2019

Last Buyer's Agent

Alice Lance

BluAxis Realty License #221613

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes water
  • Assessor Parcel Number 108239

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.96000
  • Ratio Close Price By Original Li: 0.96000
  • Ratio Current Price By Acre: 800000.00
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Foundation Details: Concrete, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Electric Range, Refrigerator, Natural Gas, Electric Oven
  • Sq Ft Additional: 1850

Exterior Features

  • Construction: Concrete Block
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car

Utilities

  • Heating: Electric Baseboard Heat, Natural Gas
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Corner Lot, Level
  • Parcel Number: 108239
  • Plat Reference Section Pages: 680
  • Zoning Specification: R-20

Rental Info

  • Rent Includes: Water
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 102400.00
  • Tax Location: Hendersonville

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2022
Sold by
Owen Timothy and Owen Paige
Bought by
Department Of Transportation
Current Estimated Value
$322,000

Purchase Details

Listed on
Mar 4, 2019
Closed on
Apr 4, 2019
Sold by
Duncan Coy M
Bought by
Owen Timothy Michael and Owen Paige
Seller's Agent
Hunter Donaldson
Apple Country Realty LLC
Buyer's Agent
Alice Lance
BluAxis Realty
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.3%
Mortgage Type
Commercial
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
Department Of Transportation $2,000 None Listed On Document
Owen Timothy Michael $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owen Timothy Michael $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2019 04/09/19 Sold $120,000 -4.0% $130 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $125,000 -- $135 / 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
2023 $557 $128,800 $27,100 $101,700
2022 $0 $84,300 $14,900 $69,400
2021 $0 $84,300 $14,900 $69,400
2020 $557 $84,300 $0 $0
2019 $677 $102,400 $0 $0
2018 $519 $78,700 $0 $0
2017 $519 $78,700 $0 $0
2016 $519 $78,700 $0 $0
2015 -- $78,700 $0 $0
2014 -- $74,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3479234

Canopy MLS (Canopy Realtor® Association)

APN: 0108239