NOT LISTED FOR SALE

1611 Washington St E Wilson, NC 27893

Estimated Value: $69,000 - $108,000

3 Beds
2 Baths
1,186 Sq Ft
$70/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $42,000 $35 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $477/month

13 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 1-Story Property
  • No HOA
  • Wood Siding

About This Home

As of March 2023

Duplex-vacant at this time. Ready for renovations. Good rental property. Good value.

Last Agent to Sell the Property

Johnson Bissette

First Wilson Properties License #90909 Listed on: 01/03/2023

Last Buyer's Agent

Garry Powell

D.R. Horton, Inc. License #338354

D.R. Horton, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x105

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Wood Flooring
  • Attic Access Panel

Parking

  • Dirt Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Wilson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3721-87-6523.000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Wood
  • Interior Amenities: None
  • Laundry Location: None
  • List Price per Sq Ft: 46.37
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 3

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Block, Wood Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Dirt, Off Street

Utilities

  • Appliances Equipment: None
  • Cooling System: None
  • Fuel Tank: None
  • Heating System: Baseboard
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric
  • Sewer: Connected
  • Water Source: Water Connected

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: Yes

Lot Info

  • Deed Page: 783.00
  • Lot Acres: 0.12
  • Lot Dimensions: 50x105
  • Lot Sq Ft: 5227.00
  • Zoning: GR6

Tax Info

  • Tax Identifier: 3721-87-6523.000
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Feb 17, 2023
Sold by
Bap Investments Llc
Bought by
Copper Spoons Holdings Llc
Seller's Agent
Johnson Bissette
First Wilson Properties
Buyer's Agent
Garry Powell
D.R. Horton, Inc.
List Price
$55,000
Sold Price
$42,000
Premium/Discount to List
-$13,000
-23.64%
Views
141
Current Estimated Value
$82,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,925
Avg. Annual Appreciation
27.39%
Original Mortgage
$100,100
Outstanding Balance
$96,959
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
-$14,034
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Copper Spoons Holdings Llc $48,000 --
Bap Investments Llc $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bap Investments Llc $100,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2023 03/02/23 Sold $42,000 -23.6% $35 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $55,000 -- $46 / 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 $527 $47,046 $10,000 $37,046
2024 $527 $47,046 $10,000 $37,046
2023 $232 $17,741 $8,000 $9,741
2022 $232 $17,741 $8,000 $9,741
2021 $232 $17,741 $8,000 $9,741
2020 $232 $17,741 $8,000 $9,741
2019 $232 $17,741 $8,000 $9,741
2018 $232 $17,741 $8,000 $9,741
2017 $228 $17,741 $8,000 $9,741
2016 $228 $17,741 $8,000 $9,741
2014 $257 $20,663 $8,000 $12,663
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100363240

Hive MLS

APN: 3721-87-6523.000