NOT LISTED FOR SALE

201 N Grove St Lincolnton, NC 28092

Estimated Value: $242,000 - $354,776

1 Bed
2 Baths
1,996 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $205,000 $103 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,892/month

129 Days on Market

Highlights

  • Corner Lot
  • Enclosed Patio or Porch
  • Entrance Foyer
  • No HOA
  • Laundry Room
  • Wood Siding

About This Home

As of April 2023

Investors welcome! Perfect opportunity to take advantage of the downtown Lincolnton revitalization with this 1912 restoration project, full of historical charm. Unlimited potential awaits someone with the right eye for projects of this nature. Currently zoned as an apartment conversion, this home is split into 2 units. Unit 201 offers 1 bedroom, 1 bath with a foyer, living room and kitchen. Unit 203 offers a large living room, formal dining, kitchen & 1 bathroom with a beautiful staircase leading to the unfinished second level. Great location on a corner lot, all within walking distance of many shops and local restaurants! The home is being sold AS-IS!

Last Agent to Sell the Property

Vicki Dalton

Southern Homes of the Carolinas, Inc License #284952 Listed on: 10/15/2022

Last Buyer's Agent

John DiCristo

Ivester Jackson Christie's License #220207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,697

Year Built

  • Built in 1912

Lot Details

  • 0.26 Acre Lot
  • Corner Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,996 Sq Ft Home
  • Entrance Foyer
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Additional Features

  • Enclosed Patio or Porch
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20997

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,697

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1912
  • Road Surface Type: Concrete, Dirt
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Interior Amenities: Entrance Foyer
  • Sq Ft Unheated Basement: 0
  • Appliances: Electric Water Heater
  • Owner Pays: None
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Living Area: 1996
  • Room Count: 0
  • Sq Ft Other: 1484

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Wood
  • Patio And Porch Features: Enclosed, Patio, Rear Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.26
  • Lot Size Units: Acres
  • Parcel Number: 20997
  • Plat Book Slide: 23/43
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11325
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-10

Rental Info

  • Tenant Pays: None
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
Tnc Investment Group Inc and Tnc Investment Group Llc
Bought by
Tnc Investment Group Llc
Current Estimated Value
$298,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$252,389
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$46,305

Purchase Details

Listed on
Oct 15, 2022
Closed on
Apr 25, 2023
Sold by
Burger Jr John L and Madrigal Rosa
Bought by
Tnc Investment Group Inc
Seller's Agent
Vicki Dalton
Southern Homes of the Carolinas, Inc
Buyer's Agent
John DiCristo
Ivester Jackson Christie's
List Price
$209,000
Sold Price
$205,000
Premium/Discount to List
-$4,000
-1.91%
Views
247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%
Original Mortgage
$275,000
Interest Rate
6.73%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 16, 2007
Sold by
Burgin Kay C and Burgin John L
Bought by
Burgin John L and Burgin Jeffrey Todd

Purchase Details

Closed on
Mar 6, 2007
Sold by
Burgin John L
Bought by
Burgin Kay C
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
Tnc Investment Group Llc -- None Listed On Document
Tnc Investment Group Llc -- None Listed On Document
Tnc Investment Group Inc $205,000 None Listed On Document
Burgin John L -- None Available
Burgin Kay C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tnc Investment Group Llc $255,000
Closed Tnc Investment Group Llc $255,000
Previous Owner Tnc Investment Group Inc $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $205,000 +17.1% $103 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/08/2023 02/08/23 Price Changed $175,000 -16.3% $88 / Sq Ft
02/02/2023 02/02/23 For Sale $209,000 +2.0% $105 / Sq Ft
01/31/2023 01/31/23 Off Market $205,000 -- --
11/14/2022 11/14/22 Price Changed $209,000 -4.6% $105 / Sq Ft
10/15/2022 10/15/22 For Sale $219,000 -- $110 / 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 $3,697 $342,026 $31,000 $311,026
2024 $2,392 $215,387 $31,000 $184,387
2023 $2,382 $215,387 $31,000 $184,387
2022 $2,013 $121,078 $27,000 $94,078
2021 $2,003 $121,078 $27,000 $94,078
2020 $1,403 $121,078 $27,000 $94,078
2019 $1,222 $105,398 $27,000 $78,398
2018 $2,642 $175,586 $35,742 $139,844
2017 $2,056 $175,586 $35,742 $139,844
2016 $2,056 $175,586 $35,742 $139,844
2015 $2,524 $175,586 $35,742 $139,844
2014 $2,478 $178,275 $35,742 $142,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3913705

Canopy MLS (Canopy Realtor® Association)

APN: 20997