$237,500
SOLD NOV 24, 2015 RENTED MAY 15, 2025

1520 N Main Ave Newton, NC 28658

8 Beds
-- Bath
884 Sq Ft
1.85 Acres

Recently Sold

$269 Per Sq Ft

5% Below List Price

16 Days on Market

About This Home

As of November 2015

Great investment opportunity in Newton, NC . 8 unit complex built in 2003. Currently 5 are rented at approx. $500 per month. Tenants pay their own water, electric, and sewer. Each unit includes range and fridge. Once units are fixed up seller has no problem getting them rented.

Last Agent to Sell the Property

Mike Kelly Jr.

Better Homes and Gardens Real Estate Foothills License #249439 Listed on: 09/16/2015

Better Homes and Gardens Real Estate Foothills

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Home Design

  • Slab Foundation

Listing and Financial Details

  • Assessor Parcel Number 374005095047

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.95000
  • Ratio Close Price By Original Li: 0.95000
  • Ratio Current Price By Acre: 128378.38
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Room Count: 4
  • Sq Ft Additional: 500

Garage/Parking

  • Parking: Driveway, Lot

Utilities

  • Heating: Central Air
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Schools

  • Elementary School: Thornton
  • Middle School: Newton Conover
  • High School: Newton Conover

Lot Info

  • Lot Size Area: 1.850
  • Parcel Number: 374005095047
  • Zoning Specification: R-9

Tax Info

  • Tax Location: Newton

Multi Family

  • Number Of Units Total: 8

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Rented $1,100 0.0% --
05/02/2025 05/02/25 For Rent $1,100 +58.3% --
04/18/2018 04/18/18 Rented $695 0.0% --
04/02/2018 04/02/18 For Rent $695 0.0% --
10/12/2017 10/12/17 Rented $695 0.0% --
09/12/2017 09/12/17 Under Contract -- -- --
09/05/2017 09/05/17 For Rent $695 +3.0% --
07/25/2017 07/25/17 Rented $675 0.0% --
07/25/2017 07/25/17 For Rent $675 +3.8% --
03/07/2017 03/07/17 Rented $650 0.0% --
03/07/2017 03/07/17 For Rent $650 0.0% --
02/28/2017 02/28/17 Rented $650 0.0% --
01/30/2017 01/30/17 Rented $650 -6.5% --
01/30/2017 01/30/17 For Rent $695 0.0% --
01/29/2017 01/29/17 Under Contract -- -- --
01/10/2017 01/10/17 For Rent $695 0.0% --
11/24/2015 11/24/15 Sold $237,500 -5.0% $269 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $250,000 -- $283 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR9584353

Canopy MLS (Canopy Realtor® Association)