Seller's Agent in 2026
Erika McNew
The Virtual Realty Group
(704) 602-0400
10 Total Sales
1554 Barringer St Mount Pleasant, NC 28124
Estimated Value: $363,000 - $550,881
11
Beds
5
Baths
4,784
Sq Ft
$95/Sq Ft
Est. Value
About This Home
As of August 2024This stabilized 5-unit multifamily portfolio includes one single-family residence (1554 Barringer) plus a fourplex (1558, 1562, 1566, 1568 Barringer). Each unit is separately metered for water and electricity, with tenants responsible for their own utilities. Property Highlights: 1554 Barringer (SFR): Completely converted to a 3BR/2BA home with full plumbing rehabilitation, an added bathroom with high ceiling, and a vacuum barrier. Certificate of Completion on file. Fourplex Improvements: Roof replaced; brand-new gutter system; newly extended concrete driveway; new centralized mailbox bank. Interior Upgrades (1566 & 1568): Units fully redone with LVP flooring, new appliances (stove and washer) and new window units in 1568, freshly painted interiors and cabinets, updated switches/fixtures, and added washer/dryer connections. Additional Updates: New lighting fixtures throughout rehabbed units Lawn maintenance: $20 per month (the SFR tenant has to do lawn as part of their lease agreement) With updated systems, durable LVP flooring, in-unit laundry connections, and tenants covering all utilities, this package offers strong cash flow with minimal landlord responsibility. Professional management is currently in place at 8%. Located in the growing Mount Pleasant submarket of Cabarrus County, this property benefits from convenient access to Concord, Kannapolis, and the Charlotte metro, supporting ongoing rental demand.
Last Agent to Sell the Property
Lantern Realty & Development, LLC Brokerage Email: lizphallman@gmail.com License #281082 Listed on: 05/28/2024
Co-Listed By
Lantern Realty & Development, LLC Brokerage Email: lizphallman@gmail.com License #293117
Property Details
Home Type
- Apartment
Year Built
- Built in 1980
Lot Details
- 0.41
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 4,784 Sq Ft Home
- Laminate Flooring
- Electric Oven
- Laundry Room
Bedrooms and Bathrooms
- 11 Bedrooms
- 5 Full Bathrooms
Parking
- Shared Driveway
- Parking Lot
Schools
- Mount Pleasant Elementary And Middle School
- Mount Pleasant High School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 56703232560000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2024
Closed on
Aug 6, 2024
Sold by
Bought by
Seller's Agent
Liz Hallman
Lantern Realty & Development, LLC
Buyer's Agent
Steven Tice, CCIM
Mortice Commercial Real Estate
List Price
$595,000
Sold Price
$560,200
Premium/Discount to List
-$34,800
-5.85%
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$107,480
Avg. Annual Appreciation
-11.05%
Original Mortgage
$480,000
Outstanding Balance
$474,134
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
-$21,414
Purchase Details
Closed on
Apr 1, 1983
Bought by
Purchase Details
Closed on
May 1, 1980
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $21,500 | -- | ||
| $47,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $480,000 | ||
| Closed | $120,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/02/2026 04/02/26 | Price Changed | $775,000 | -2.5% | $172 / Sq Ft |
| 01/06/2026 01/06/26 | For Sale | $795,000 | +41.9% | $177 / Sq Ft |
| 08/06/2024 08/06/24 | Sold | $560,200 | -5.8% | $117 / Sq Ft |
| 05/28/2024 05/28/24 | For Sale | $595,000 | -- | $124 / Sq Ft |
Source: Canopy MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,654 | $481,810 | $75,000 | $406,810 |
| 2024 | $4,395 | $455,010 | $75,000 | $380,010 |
| 2023 | $3,195 | $256,620 | $25,000 | $231,620 |
| 2022 | $3,195 | $256,620 | $25,000 | $231,620 |
| 2021 | $3,195 | $256,620 | $25,000 | $231,620 |
| 2020 | $3,195 | $256,620 | $25,000 | $231,620 |
| 2019 | $2,781 | $223,350 | $22,000 | $201,350 |
| 2018 | $2,736 | $223,350 | $22,000 | $201,350 |
| 2017 | $2,691 | $223,350 | $22,000 | $201,350 |
| 2016 | $2,691 | $225,540 | $22,000 | $203,540 |
| 2015 | $2,718 | $225,540 | $22,000 | $203,540 |
| 2014 | $2,718 | $225,540 | $22,000 | $203,540 |
Source: Public Records
Agents Affiliated with this Home
-
Erika McNew
-
Liz Hallman
Seller's Agent in 2024
Liz Hallman
Lantern Realty & Development, LLC
(980) 621-9575
19 in this area
139 Total Sales
-
Jenna Cook
Seller Co-Listing Agent in 2024
Jenna Cook
Lantern Realty & Development, LLC
(704) 960-5591
17 in this area
143 Total Sales
-
Steven Tice, CCIM
Buyer's Agent in 2024
Steven Tice, CCIM
Mortice Commercial Real Estate
(704) 794-2294
1 in this area
22 Total Sales
Map
Source: Canopy MLS
MLS Number: 4144525
APN: 5670-32-3256-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
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