NOT LISTED FOR SALE

151 Cresent Dr Forest City, NC 28043

Estimated Value: $299,000

8 Beds
4 Baths
2,688 Sq Ft
$111/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $282,000 $105 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,855/month

49 Days on Market

Highlights

  • Ranch Style House
  • More Than Two Accessible Exits
  • Level Lot
  • Laundry Room
  • Tile Flooring

About This Home

As of September 2022

This one level 4 unit building currently at 100% capacity. Would be great investment or for an onsite owner to live in a unit or two while renting out the others. Some units have carpet, others may have laminate. All tenants are currently month-to-month. Electric wall unit heaters heat the entire apartment. Windows and siding replaced approximately 8 years ago; roof replaced 5 years ago. All tenants have been in place for at least 4 years. Laundry facility in back contains coin-operated washer and dryer. This location is within walking distance to Hardin Drugs and Ingles grocery store.

Last Agent to Sell the Property

Beth Helton

Beth Helton and Associates, LL License #274790 Listed on: 05/04/2022

Last Buyer's Agent

Reymon Morgan

NorthGroup Real Estate LLC License #223020

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 0.52

Parking

  • 1 to 5 Parking Spaces

Home Design

  • 2,688 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Forest City-Dunbar Elementary School
  • East Middle School
  • East High School

Additional Features

  • Oven
  • Laundry Room
  • More Than Two Accessible Exits
  • Level Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity
  • Rent includes sewer, water
  • Assessor Parcel Number 428448

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Architectural Style: Ranch
  • Year Built: 1969
  • Ratio Current Price By Acre: 542307.69
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Structure Type: Apartments
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Tile
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Sq Ft Unheated Basement: 0
  • Appliances: Oven, Refrigerator
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 2688
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • New Construction: No
  • Tax Location: Forest City
  • Construction Type: Site Built
  • Property Features: Range/Oven,Refrigerator
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Space - 4+

Utilities

  • Heating: Wall Unit(s)
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Laundry Room

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 428448
  • Additional Parcels Description: 428449
  • Zoning Description: R8
  • ResoLotSizeUnits: Acres

Rental Info

  • Rent Includes: Sewer, Water
  • Tenant Pays: Electricity
  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 2.86344

Multi Family

  • Number Of Units Total: 4
  • Unit Count: 4

MLS Schools

  • Elementary School: Forest City-Dunbar
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Aug 12, 2022
Sold by
Pliska Mary E
Bought by
Austin Raymond
Seller's Agent
Beth Helton
Beth Helton and Associates, LL
Buyer's Agent
Reymon Morgan
NorthGroup Real Estate LLC
List Price
$325,000
Sold Price
$282,000
Premium/Discount to List
-$43,000
-13.23%
Current Estimated Value
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,000
Original Mortgage
$211,500
Outstanding Balance
$201,339
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2012
Sold by
Kreeger Ronald L and Kreeger Maria
Bought by
Pliska Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Austin Raymond $282,000 --
Pliska Mary E $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin Raymond $211,500
Previous Owner Pliska Mary E $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2022 09/16/22 Sold $282,000 -13.2% $105 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $325,000 -- $121 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,379 $113,500 $5,100 $108,400
2022 $103 $113,500 $5,100 $108,400
2021 $103 $113,500 $5,100 $108,400
2020 $1,022 $113,500 $5,100 $108,400
2019 $990 $113,500 $5,100 $108,400
2018 $590 $66,100 $7,900 $58,200
2016 $591 $66,100 $7,900 $58,200
2013 -- $66,100 $7,900 $58,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3857634

Canopy MLS (Canopy Realtor® Association)

APN: 428448