NOT LISTED FOR SALE

1512 Atlantic St E Wilson, NC 27893

Estimated Value: $82,000 - $123,000

2 Beds
2 Baths
925 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $55,000 $59 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $536/month

91 Days on Market

Highlights

  • No HOA
  • Storm Doors
  • 1-Story Property
  • Covered Patio or Porch

About This Home

As of October 2018

This property is being sold along with the lot in the rear (Lot size 50 x 90). Great investment opportunity. Two apartments with one bedroom each. Located on 301 Hwy.

Last Agent to Sell the Property

Lafan Forbes

The Forbes Real Estate Group License #135511 Listed on: 05/22/2018

Last Buyer's Agent

Lovie Mitchell

The Forbes Real Estate Group License #244484

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,667 Sq Ft Lot
  • Lot Dimensions are 66.2x115x66.2x115

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Storm Doors

Outdoor Features

  • Covered Patio or Porch

Schools

  • Barnes Elementary School
  • Darden Middle School
  • Beddingfield High School

Community Details

  • No Home Owners Association
  • Wilson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3721-87-0318.000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Auction: No
  • Cobra Zone: No
  • Construction: Block, Concrete
  • Cooling System: None
  • Deed Page: 218.00
  • Directions To Property: Hwy 301 N to right on Atlantic St.
  • Document Count: 3
  • Elementary School: Barnes
  • Fencing: None
  • Fireplace: None
  • Foundation: Slab
  • Fuel Tank: None
  • High School: Beddingfield
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100117365
  • List Priceper Sq Ft: 64.86
  • Location Type: Mainland
  • Lot Acres: 0.18
  • Lot Dimensions: 66.2x115x66.2x115
  • Lot Sq Ft: 7667.00
  • Marketing City: Wilson
  • Middle School: Darden
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered
  • Post Direction: E
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: 1st Floor
  • Subdivision: Wilson
  • Tax Identifier: 3721-87-0318.000
  • Tax Year: 2017
  • Waterview: No
  • Year Built: 1950
  • Zoning: B4
  • Financials Available: No
  • Property Mgmt Company: No
  • Cooling: None
  • Occupied: Yes
  • Rent Frequency: 125.00
  • Rent Frequency: Monthly
  • Side Unit2 Cooling: None
  • Side Unit2 Heating: None
  • Side Unit2 Occupied: Yes
  • Side Unit2 Rent: 125.00
  • Side Unit2 Rent Frequency: Monthly
  • Sewer: Sewer Tap Available
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: See Remarks
  • Interior Amenities: None
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 2

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Block
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Heating System: None
  • Utilities: Municipal Sewer, Municipal Water
  • Heating: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
Oct 31, 2018
Sold by
Edmondson Argusta and Edmondson Katherine
Bought by
Murphy Johnson Real Estate Development L
Seller's Agent
Lafan Forbes
The Forbes Real Estate Group
Buyer's Agent
Lovie Mitchell
The Forbes Real Estate Group
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Current Estimated Value
$94,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,708
Avg. Annual Appreciation
7.85%
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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Purchase History

Date Buyer Sale Price Title Company
Murphy Johnson Real Estate Development L $55,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $55,000 -8.3% $59 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $60,000 -- $65 / 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 $494 $44,077 $23,750 $20,327
2024 $494 $44,077 $23,750 $20,327
2023 $386 $29,607 $20,000 $9,607
2022 $386 $29,607 $20,000 $9,607
2021 $386 $29,607 $20,000 $9,607
2020 $386 $29,607 $20,000 $9,607
2019 $386 $29,607 $20,000 $9,607
2018 $0 $29,607 $20,000 $9,607
2017 $380 $29,607 $20,000 $9,607
2016 $380 $29,607 $20,000 $9,607
2014 $380 $30,512 $20,000 $10,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100117365

Hive MLS

APN: 3721-87-0318.000