NOT LISTED FOR SALE

17 Bailey St Canton, NC 28716

Estimated Value: $379,548 - $548,000

5 Beds
3.5 Baths
3,656 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $200,000 $55 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,380/month

89 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Fireplace
  • Wood Flooring
  • Recreation Facilities
  • Attached Garage

About This Home

As of January 2017

Classic 1930s construction which blends 3 separate living quarters under one roof. New owner has several options, one could be open a few doors & make a 5BD/3.5BA classic home or rent one apartment & make a 4BD/2.5BA home. The 3rd option would be rent 2 apartments & keep a lovely living space of 3BD/1.5BA for yourself. Fourth would be to rent all 3 apartments and have a desirable income producing property. Wood flrs, 2 FPs, 2-car garage. (3rd apt is almost finished) Priced to buy.

Last Agent to Sell the Property

Bruce McGovern

McGovern Property Management, Inc. License #72954 Listed on: 07/29/2016

Last Buyer's Agent

Josh Meduri

Keller Williams Professionals License #276400

Keller Williams Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Fireplace

Flooring

  • Wood
  • Tile
  • Vinyl

Community Details

  • Recreation Facilities
  • Community Pool
  • Trails

Listing and Financial Details

  • Tenant pays for all utilities, cable
  • Assessor Parcel Number 8656-99-3994

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.87336
  • Ratio Close Price By Original Li: 0.87336
  • Ratio Current Price By Acre: 1307189.54
  • Ratio Current Price By Sq Ft: 54.70
  • Year Built: 1930
  • Property Features: Cable Available, Porch/Patio, Range/Oven, Refrigerator, Second Living Quarters, Shop - Garage, Storage Room
  • Special Features: None

Interior Features

  • Foundation Details: Brick
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Dryer, Refrigerator, Washer
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Laundry Location: Upper, Basement
  • Sq Ft Basement: 488
  • Total Sq Ft: 3656

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, On-Street Parking, Parking Space - 4+

Utilities

  • Heating: Oil Steam Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Recreation Area, Walking Trails

Lot Info

  • Lot Features: Level, Paved Frontage
  • Parcel Number: 8656-99-3994
  • Zoning: Multi Family 0 Units Plus
  • Zoning Specification: Multi

Rental Info

  • Tenant Pays: All Utilities, Cable

Tax Info

  • Tax Value: 169700.00
  • Tax Amount Ncm: 2800.00
  • Tax Location: Canton

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Meduri Emily and Meduri Joshua
Bought by
Meduri Emily
Current Estimated Value
$421,087

Purchase Details

Listed on
Jul 29, 2016
Closed on
Jan 3, 2017
Sold by
Jl Realty Investments Llc
Bought by
Meduri Emily and Meduri Joshua
Seller's Agent
Bruce McGovern
McGovern Property Management, Inc.
Buyer's Agent
Josh Meduri
Keller Williams Professionals
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$150,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2001
Bought by
Jl Realty Investments Llc
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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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
Meduri Emily -- None Available
Meduri Emily -- None Listed On Document
Meduri Emily $200,000 None Available
Jl Realty Investments Llc $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meduri Emily $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2017 01/13/17 Sold $200,000 -12.7% $55 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $229,000 -- $63 / 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 -- $293,000 $20,100 $272,900
2024 $2,089 $293,000 $20,100 $272,900
2023 $2,089 $293,000 $20,100 $272,900
2022 $2,045 $293,000 $20,100 $272,900
2021 $2,045 $293,000 $20,100 $272,900
2020 $1,692 $207,700 $17,200 $190,500
2019 $1,537 $206,600 $17,200 $189,400
2018 $1,537 $206,600 $17,200 $189,400
2017 $1,537 $206,600 $0 $0
2016 $1,289 $169,700 $0 $0
2015 $1,289 $169,700 $0 $0
2014 $1,103 $169,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3201674

Canopy MLS (Canopy Realtor® Association)

APN: 8656-99-3994