NOT LISTED FOR SALE

1908 Cardinal Dr Mount Airy, NC 27030

Estimated Value: $615,000 - $1,053,000

-- Bed
-- Bath
-- Sq Ft
0.91 Acres

Last Sold September 21, 2021

Last sale price $720,000

Est. 24% increase in value since last sale

Current estimated payment $5,158/month

6 Days on Market

Highlights

  • No HOA
  • Central Air
  • Carpet
  • Mount Airy Middle School Rated 9+

About This Home

As of September 2021

Broker is related to the owner. 10 apartments. 9 apartments are 2 BR/1.5 BA. 1 apartment is 3 BR/2 BA. Any Information about Financials, Requires confidentiality agreement in zipForms 511. No Sign in yard. (No Drive-Bys Please, without notifying Listing Agent). Reference also Listed under C & I MLS # 1036421. Please submit all offers in writing and send prequalification letter from Lender, or proof of funds letter, with ALL offers for the Sellers to review.

Last Agent to Sell the Property

Eric Hodges

Hodges Realty License #233824 Listed on: 08/05/2021

Last Buyer's Agent

Scott McHone

The Granite City Group License #305538

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,960

Year Built

  • Built in 1978

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 392 x 97 x 391 x 108

Home Design

  • Brick Exterior Construction
  • Masonite

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Carpet
  • Washer and Dryer Hookup

Community Details

  • No Home Owners Association
  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 502116932075
  • 1% Total Tax Rate

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,960

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.91
  • Lot Size: 392 x 97 x 391 x 108
  • Directions: Follow North Main Street to Hylton Street, T/R, then T/L at the 1st Cross Street onto Cardinal Drive, Property will be down Cardinal on the Right.
  • Year Built: 1978
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick, Masonite
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 502116932075
  • Zoning: R6
  • TRIADMLS_PricePerAcre: 851648.3516
  • TRIADMLS_DeedPage: 829
  • TRIADMLS_DeedBook: 1607
  • TRIADMLS_AcresRange: 1 - 1

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 2959.75
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 21, 2021
Sold by
Harold Hodges Invst Llc
Bought by
Redoak Development Llc
Seller's Agent
Eric Hodges
Hodges Realty
Buyer's Agent
Scott McHone
The Granite City Group
Sold Price
$720,000
Current Estimated Value
$892,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,563
Avg. Annual Appreciation
5.60%

Purchase Details

Closed on
Sep 19, 2017
Sold by
A And L Inc
Bought by
Harold Hodges Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 1977
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Redoak Development Llc $720,000 None Available
Harold Hodges Investments Llc $427,500 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harold Hodges Investments Llc $300,000
Previous Owner Hicks Ii James Ray $205,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $720,000 -- --
Source: Triad 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
2024 $3,655 $479,460 $22,000 $457,460
2023 $3,602 $479,460 $22,000 $457,460
2022 $3,602 $479,460 $22,000 $457,460
2021 $3,655 $479,460 $22,000 $457,460
2020 $2,960 $362,680 $22,000 $340,680
2019 $2,930 $362,680 $0 $0
2018 $2,888 $362,680 $0 $0
2017 $2,900 $362,680 $0 $0
2016 $2,863 $362,680 $0 $0
2013 -- $364,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1035143

Triad MLS

APN: 5021-16-93-2075