NOT LISTED FOR SALE

202 Bell Ave East Flat Rock, NC 28726

Estimated Value: $131,646 - $247,000

2 Beds
1 Bath
600 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 09, 2020

Last sale price $119,000 $198 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,091/month

161 Days on Market

About This Home

As of April 2020

2 Small Homes on 1/3 of an Acre in Ultra Convenient In-Town Location make this a Great Investment Opportunity! First home is a cute site built farmhouse styled home and 2nd home is a manufactured home, both on the same parcel. The farmhouse is a 2 bedroom 1 bathroom and the manufactured home is 1 bedroom 1 bathroom for a combined annual income of 14,000 dollars which is a 8%+ capitalization rate at listing price. Seller says that both tenants have lived here for 5+ years and are hoping to stay in place if the new owner agrees as both tenants are currently month to month. The convenient location and proximity to downtown Hendersonville makes this a great place to have an income producing property. Come see all this has to offer.

Last Agent to Sell the Property

Andrew Casoria

Eclat Realty + Co License #292713 Listed on: 09/26/2019

Last Buyer's Agent

Jay S Marlow

Marlow Real Estate & Appraisal License #135964

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.29

Parking

  • Gravel Driveway

Home Design

  • Cottage

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 112405

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.95200
  • Ratio Close Price By Original Li: 0.79866
  • Ratio Current Price By Acre: 410344.83
  • Ratio Current Price By Sq Ft: 198.33
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Room Count: 2
  • Main Level Sq Ft: 600
  • Total Sq Ft: 600

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Gas Hot Air Furnace, Propane, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 0.290
  • Parcel Number: 112405
  • Zoning Specification: R1

Tax Info

  • Tax Value: 41800.00
  • Tax Location: FLATROCK

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
04/09/2020 04/09/20 Sold $119,000 -4.8% $198 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
11/12/2019 11/12/19 Price Changed $125,000 -7.4% $208 / Sq Ft
10/01/2019 10/01/19 Price Changed $135,000 -9.4% $225 / Sq Ft
09/26/2019 09/26/19 For Sale $149,000 -- $248 / 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 $485 $85,100 $34,300 $50,800
2024 $485 $86,500 $34,800 $51,700
2023 $485 $86,500 $34,800 $51,700
2022 $433 $62,700 $23,200 $39,500
2021 $433 $41,800 $23,200 $18,600
2020 $289 $41,800 $0 $0
2019 $289 $41,800 $0 $0
2018 $149 $21,800 $0 $0
2017 $149 $21,800 $0 $0
2016 $149 $21,800 $0 $0
2015 -- $21,800 $0 $0
2014 -- $24,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3552810

Canopy MLS (Canopy Realtor® Association)

APN: 0112405