NOT LISTED FOR SALE

2015 Lance Ln Vale, NC 28168

Estimated Value: $317,000

-- Bed
-- Bath
-- Sq Ft
6.76 Acres

Last Sold March 13, 2023

Last sale price $370,000

Est. 14% decrease in value since last sale

Current estimated payment $2,007/month

10 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Open Lot
  • Union Elementary School Rated A-

About This Home

As of March 2023

MONEY MAKER INVESTMENT on 6.75AC. 12 park owned mobile homes, 10 of them are 1994-1995 models, 1 is 1982 and 1 is 1987.
10 of the homes are rented ( Could be around $950 at todays rate) 1 is being remodeled and 1 needs to be remodeled.
13th lot is rented at $200/mth and occupant owns the mobile home. ( Se attached)
JUST LOOK AT THE POTENTIAL INCOME.
Seller has title to mobile homes
Bring OFFERS
Per planning you can replace the current mobile homes but not allowed to add any additional ones.

Last Listed By

Leslie Harrison

Team Thomas & Associates Realty Inc. License #218724 Listed on: 01/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,993

Year Built

  • Built in 1994

Lot Details

  • 6.76 Acre Lot
  • Open Lot

Parking

  • Driveway

Laundry

  • Laundry Room

Schools

  • Union Elementary School
  • West Lincoln Middle School
  • West Lincoln High School

Utilities

  • Shared Well
  • Electric Water Heater
  • Shared Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for all except water
  • Assessor Parcel Number 12977

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,993

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Year Built: 1994
  • Road Surface Type: Gravel
  • ResoPropertyType: ResidentialIncome
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Appliances: Electric Water Heater
  • Other Equipment: Other - See Remarks
  • Room Count: 0

Exterior Features

  • New Construction: No
  • Construction Type: Manufactured
  • Construction Type: Aluminum

Garage/Parking

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

Utilities

  • Heating: Other - See Remarks
  • Sewer: Shared Septic
  • Laundry Features: Main Level
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: West Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Features: Open Lot
  • Lot Size Area: 6.76
  • Lot Size Units: Acres
  • Parcel Number: 12977
  • Plat Reference Section Pages: 756-757
  • Lot Size Acres: 6.76
  • Lot Size Sq Ft: 294465
  • Additional Parcels Description: 2685364435
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-S

Rental Info

  • Tenant Pays: All except water
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 12

MLS Schools

  • Elementary School: Union
  • High School: West Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 13, 2023
Sold by
Nexjen Home Solutions Llc
Bought by
Huss Kenneth Grier and Huss Angela T
Seller's Agent
Leslie Harrison
Team Thomas & Associates Realty Inc.
Buyer's Agent
Leslie Harrison
Team Thomas & Associates Realty Inc.
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Total Days on Market
10
Views
150
Current Estimated Value
$317,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,000
Original Mortgage
$370,000
Outstanding Balance
$361,255
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 3, 2023
Sold by
Willis Lance William and Willis Jennifer M
Bought by
Nexjen Home Solutions Llc
Seller's Agent
Leslie Harrison
Team Thomas & Associates Realty Inc.
Buyer's Agent
Leslie Harrison
Team Thomas & Associates Realty Inc.
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Views
150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$361,255
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2016
Sold by
Willis Jill C
Bought by
Willis Lance William

Purchase Details

Closed on
Oct 13, 2015
Sold by
Willis Gary William
Bought by
Willis Gary W and Willis Jill C

Purchase Details

Closed on
Mar 18, 1994
Bought by
Willis Gary W and Wllis Lance W

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
Huss Kenneth Grier $370,000 --
Nexjen Home Solutions Llc $275,000 --
Willis Lance William -- None Available
Willis Gary W -- None Available
Willis Gary W $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huss Kenneth Grier $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $370,000 -12.9% --
01/13/2023 01/13/23 For Sale $425,000 -- --
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 $2,993 $229,589 $228,996 $593
2023 $2,928 $229,589 $228,996 $593
2022 $2,870 $184,817 $184,633 $184
2021 $2,870 $184,817 $184,633 $184
2020 $1,338 $184,817 $184,633 $184
2019 $1,338 $184,817 $184,633 $184
2018 $3,006 $113,261 $89,677 $23,584
2017 $834 $113,261 $89,677 $23,584
2016 $794 $0 $0 $0
2015 $1,896 $113,261 $89,677 $23,584
2014 -- $118,140 $94,556 $23,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3934786

Canopy MLS (Canopy Realtor® Association)

APN: 12977