NOT LISTED FOR SALE

Estimated Value: $308,000 - $442,000

6 Beds
3 Baths
1,950 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 08, 2014

Last sale price $105,000 $54 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $2,176/month

11 Days on Market

About This Home

As of May 2014

WOW great Cash flow. All 3 units are on 1 year leases with each paying $550 a month. Annual income of $19,800

Last Agent to Sell the Property

Amir Behdani

Behdani Realty Company License #224513 Listed on: 02/07/2014

Last Buyer's Agent

James Chandless

TriStone Group Inc License #275113

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,841

Home Design

  • Triplex

Interior Spaces

  • 3 Bathrooms
  • Fireplace

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 075-037-08

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ratio Close Price By List Price: 0.96330
  • Ratio Close Price By Original Li: 0.96330
  • Ratio Current Price By Acre: 583333.33
  • Ratio Current Price By Sq Ft: 53.85
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Total Bathrooms: 3.00
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Laundry Location: Kitchen
  • Total Sq Ft: 1950

Exterior Features

  • Construction: Brick Full

Garage/Parking

  • Parking: Driveway

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 7,841 sqft
  • Lot Size Area: 0.180
  • Lot Size Units: Acres
  • Parcel Number: 075-037-08
  • Zoning Specification: UR2

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 70200.00
  • Tax Location: Mecklenburg

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2018
Sold by
Hoover Legacy Trust
Bought by
Mansa Musa Llc
Current Estimated Value
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,360
Interest Rate
4.8%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 7, 2014
Closed on
May 8, 2014
Sold by
Ghatani David Joshua and Ghatani Razan
Bought by
Hoover Legacy Trust
Seller's Agent
Amir Behdani
Behdani Realty Company
Buyer's Agent
James Chandless
TriStone Group Inc
List Price
$109,000
Sold Price
$105,000
Premium/Discount to List
-$4,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%

Purchase Details

Listed on
Feb 5, 2013
Closed on
May 2, 2013
Sold by
Northwest Corridor Community Development
Bought by
Ghatani David Joshua
Seller's Agent
J Cousar
The Ceasar Corporation Inc
Buyer's Agent
Amir Behdani
Behdani Realty Company
List Price
$60,000
Sold Price
$53,000
Premium/Discount to List
-$7,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.78%

Purchase Details

Closed on
Jun 26, 2002
Sold by
Northwest Corridor Community Real Estate
Bought by
Northwest Corridor Community Development

Purchase Details

Closed on
Dec 31, 1998
Sold by
Furr L R L and Furr Wilma
Bought by
Northwest Corridor Community Real Estate
Source: Public Records

Range of Values:

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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
Mansa Musa Llc $114,000 Investors Title Insurance Co
Hoover Legacy Trust $105,000 None Available
Ghatani David Joshua $53,000 None Available
Northwest Corridor Community Development -- --
Northwest Corridor Community Real Estate $49,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mansa Musa Llc $160,000
Closed Mansa Musa Llc $160,000
Closed Mansa Musa Llc $158,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2014 05/08/14 Sold $105,000 -3.7% $54 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $109,000 +105.7% $56 / Sq Ft
05/03/2013 05/03/13 Sold $53,000 -11.7% $27 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $60,000 -- $31 / 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
2024 $1,793 $175,900 $46,600 $129,300
2023 $1,793 $175,900 $46,600 $129,300
2022 $1,292 $94,900 $10,000 $84,900
2021 $1,259 $94,900 $10,000 $84,900
2020 $1,237 $94,900 $10,000 $84,900
2019 $1,190 $94,900 $10,000 $84,900
2018 $1,142 $70,200 $10,000 $60,200
2017 $1,098 $70,200 $10,000 $60,200
2016 $1,069 $70,200 $10,000 $60,200
2015 $1,035 $70,200 $10,000 $60,200
2014 $1,019 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR2206400

Canopy MLS (Canopy Realtor® Association)

APN: 075-037-08