NOT LISTED FOR SALE

1401 Washington St E Wilson, NC 27893

Estimated Value: $162,002 - $200,000

4 Beds
2 Baths
1,620 Sq Ft
$110/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $122,500 $76 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,057/month

4 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Central Air
  • No HOA
  • Brick Exterior Construction
  • 1-Story Property

About This Home

As of September 2021

Perfect for the investor! Rehabbed 2019-2020. New HVAC, water heaters, laminate, vinyl, light fixtures, toilet, vanity, plumbing fixtures! One of the sellers is a NC licensed real estate broker.

Last Agent to Sell the Property

Jay Forbes

The Forbes Real Estate Group License #206433 Listed on: 07/15/2021

Last Buyer's Agent

Anne Brice

First Wilson Properties License #241825

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $579

Year Built

  • Built in 1960

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 105 x 50 x 105
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Vick Elementary School
  • Toisnot Middle School
  • Fike High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 3721-77-8932.000

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$579

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Brick/Stone
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Interior Amenities: Smoke Detectors
  • List Price per Sq Ft: 77.16
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 4
  • Total Heated Sq Ft: 1620.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump

Association/Amenities

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

Lot Info

  • Deed Book: 2800
  • Deed Page: 1.00
  • Lot Acres: 0.12
  • Lot Description: Corner Lot
  • Lot Dimensions: 50 x 105 x 50 x 105
  • Lot Sq Ft: 5227.00
  • Zoning: SFR-DUPLEX/TRI

Rental Info

  • Rental Income Gross Rental Income: 1190.00
  • Annual Gross Rental Income Collected: 14280
  • Pets: No

Tax Info

  • Tax Identifier: 3721-77-8932.000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 579.31

MLS Schools

  • Elementary School: Vick
  • High School: Fike
  • Middle School: Toisnot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 14, 2021
Sold by
Wilson Byron and Wilson Aleah Richardson
Bought by
Salazar Arlene
Seller's Agent
Jay Forbes
The Forbes Real Estate Group
Buyer's Agent
Anne Brice
First Wilson Properties
List Price
$125,000
Sold Price
$122,500
Premium/Discount to List
-$2,500
-2%
Current Estimated Value
$178,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,251
Avg. Annual Appreciation
9.32%
Original Mortgage
$89,625
Outstanding Balance
$81,552
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$97,199

Purchase Details

Closed on
Aug 13, 2010
Sold by
Lane Delaney Mary Frances
Bought by
Hussey Willie J and Hussey Angela Rene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salazar Arlene $123,000 None Available
Hussey Willie J $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Arlene $89,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $122,500 -2.0% $76 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $125,000 -- $77 / 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 $1,441 $128,650 $10,000 $118,650
2024 $1,441 $128,650 $10,000 $118,650
2023 $579 $44,392 $8,000 $36,392
2022 $579 $44,392 $8,000 $36,392
2021 $0 $44,392 $8,000 $36,392
2020 $579 $44,392 $8,000 $36,392
2019 $579 $44,392 $8,000 $36,392
2018 $579 $44,392 $8,000 $36,392
2017 $570 $44,392 $8,000 $36,392
2016 $570 $44,392 $8,000 $36,392
2014 $801 $64,297 $8,000 $56,297
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100281244

Hive MLS

APN: 3721-77-8932.000