NOT LISTED FOR SALE

1561 Henson Cove Rd Canton, NC 28716

Estimated Value: $156,000 - $331,000

3 Beds
2 Baths
1,360 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $120,000 $88 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,202/month

99 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Living Room
  • Bethel Elementary Rated A-
  • No HOA
  • Laundry Room

About This Home

As of February 2023

Check out this great turnkey investment opportunity! Cute duplex on a level corner lot nestled in a country setting with beautiful scenic views, just minutes from downtown Canton, Lake Junaluska, Woodrow and Waynesville. One side is a cute 1 bedroom and the other a more spacious 2 bedroom, both occupied with tenants that have great payment history and hope to stay when the property sells. Gross rental income is currently at $1,050/month with room for improvement to create your perfect ROI. Pre-listing inspection report available for interested buyers. Don't miss this easy cash flow opportunity! BACK ON MARKET DUE TO BUYERS LOAN FALLING THROUGH AT LAST MINUTE!!

Last Agent to Sell the Property

Al Sartorelli

Sartorelli Real Estate Brokerage Email: a.sartorelli30@gmail.com License #296694 Listed on: 04/22/2022

Last Buyer's Agent

Al Sartorelli

Sartorelli Real Estate Brokerage Email: a.sartorelli30@gmail.com License #296694 Listed on: 04/22/2022

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1945

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 3 Open Parking Spaces

Home Design

  • Metal Roof
  • Stone Siding

Interior Spaces

  • 1,360 Sq Ft Home
  • Living Room
  • Dining Area
  • Vinyl Flooring
  • Mountain Views
  • Crawl Space
  • Electric Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Bethel Elementary And Middle School
  • Pisgah High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for exterior maintenance, - see remarks
  • Assessor Parcel Number 8655-54-8265

Property Details

Home Type

Apartment

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1945
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt, Paved
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: a.sartorelli30@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Sq Ft Unheated Basement: 0
  • Room Other: Primary Bedroom,Bathroom(s),Kitchen,Living Room,Dining Area
  • Appliances: Electric Oven, Electric Water Heater, Refrigerator
  • Owner Pays: Exterior Maintenance, Other - See Remarks
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1360
  • Room Count: 0
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Mountain(s)
  • Construction Type: Stone

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Septic Installed
  • Laundry Features: In Kitchen, Main Level
  • Cooling: None
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Parcel Number: 8655-54-8265
  • Zoning: R-1
  • Development Status: Completed
  • Lot Size Acres: 0.19
  • Lot Size: 0
  • Lot Size Sq Ft: 8276
  • ResoLotSizeUnits: Acres
  • Zoning Specification: res

Rental Info

  • Tenant Pays: Electricity
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bethel
  • High School: Pisgah

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jan 31, 2023
Sold by
Carolina Rental Group Llc
Bought by
Frazier Stacy
Seller's Agent
Al Sartorelli
Sartorelli Real Estate
Buyer's Agent
Al Sartorelli
Sartorelli Real Estate
List Price
$139,000
Sold Price
$120,000
Premium/Discount to List
-$19,000
-13.67%
Views
38
Current Estimated Value
$211,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,896
Avg. Annual Appreciation
23.64%

Purchase Details

Closed on
Nov 14, 2017
Sold by
Motter Lewis E
Bought by
Carolina Rental Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 30, 2007
Sold by
Putnam Joseph L and Putnam Judith
Bought by
Motter Lewis E
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Frazier Stacy $120,000 --
Carolina Rental Group Llc $75,000 Attorney
Motter Lewis E $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carolina Rental Group Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $120,000 -13.7% $88 / Sq Ft
01/11/2023 01/11/23 For Sale $139,000 0.0% $102 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $139,000 -4.1% $102 / Sq Ft
07/08/2022 07/08/22 For Sale $145,000 0.0% $107 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $145,000 -- $107 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 -- $97,500 $22,300 $75,200
2024 $947 $97,500 $22,300 $75,200
2023 $937 $97,500 $22,300 $75,200
2022 $908 $95,200 $20,000 $75,200
2021 $908 $95,200 $20,000 $75,200
2020 $774 $68,000 $20,000 $48,000
2019 $784 $68,000 $20,000 $48,000
2018 $784 $68,000 $20,000 $48,000
2017 $777 $68,000 $0 $0
2016 $732 $63,000 $0 $0
2015 $732 $63,000 $0 $0
2014 $572 $63,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3850830

Canopy MLS (Canopy Realtor® Association)

APN: 8655-54-8265