NOT LISTED FOR SALE

202 W D St Newton, NC 28658

Estimated Value: $187,000 - $260,000

2 Beds
2 Baths
1,752 Sq Ft
$136/Sq Ft Est. Value

Last Sold February 05, 2015

Last sale price $35,000 $20 Per Sq Ft

Est. 578% increase in value since last sale

Current estimated payment $1,450/month

374 Days on Market

About This Home

As of February 2015

Investment opportunity priced below tax value! Brick duplex with vinyl trim located in downtown Newton beside Apple Tree Apartments and one block from the Catawba County Library. Each unit has one bedroom, one full bath, a spacious kitchen with wood cabinets, living room with masonry fireplace and dining room or den. Neutral decor throughout. One unit includes several ceiling fans. Two convenient paved parking spaces in rear. Very motivated Sellers!

Last Agent to Sell the Property

Nancy Henline

Keller Williams Realty Mooresville/Lake Norman License #171913 Listed on: 01/08/2014

Keller Williams Realty Mooresville/Lake Norman

Last Buyer's Agent

Robbin Osborne

License #187260

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1938

Lot Details

  • 10,019

Home Design

  • Duplex

Flooring

  • Tile
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 373016829930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,398

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.73684
  • Ratio Close Price By Original Li: 0.43805
  • Ratio Current Price By Acre: 152173.91
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Foundation Details: Basement Inside Entrance
  • Total Bedrooms: 2
  • Equipment: Refrigerator
  • Flooring: Carpet, Tile, Vinyl
  • Room Count: 5

Exterior Features

  • Construction: Brick Partial

Garage/Parking

  • Parking: Assigned Parking Space - 1, Driveway

Utilities

  • Heating: Central Air, Heat Pump - AC, Multizone A/C
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Schools

  • Elementary School: South Newton
  • Middle School: Newton Conover
  • High School: Newton Conover

Lot Info

  • Lot Dimension: 0.23 Acres
  • Lot Size Area: 0.230
  • Parcel Number: 373016829930
  • Zoning Specification: P-1

Tax Info

  • Tax Location: Newton

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Robert Nieman James and Robert Elizabeth
Bought by
Miller Nieman Properties Llc
Total Days on Market
374
Current Estimated Value
$237,443

Purchase Details

Closed on
Apr 6, 2021
Sold by
Town Creek Investments Llc
Bought by
Nieman James Robert and Nieman Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2020
Sold by
Setzer Brandon Dennis
Bought by
Town Creek Invstments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,050
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 8, 2014
Closed on
Feb 1, 2015
Sold by
The Trustees Of Marvin United Methodist
Bought by
Setzer Brandon Dennis
Seller's Agent
Nancy Henline
Keller Williams Realty Mooresville/Lake Norman
Buyer's Agent
Robbin Osborne
List Price
$79,900
Sold Price
$35,000
Premium/Discount to List
-$44,900
-56.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.66%

Purchase Details

Closed on
Jan 4, 1999

Purchase Details

Closed on
Dec 14, 1998

Purchase Details

Closed on
Mar 27, 1951
Bought by
Propst Lester Julius and Propst Wand
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
Miller Nieman Properties Llc -- None Listed On Document
Nieman James Robert $175,000 Chicago Title Insurance Co
Town Creek Invstments Llc $73,000 None Available
Setzer Brandon Dennis $35,000 None Available
-- -- --
-- -- --
Propst Lester Julius $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nieman James Robert $131,250
Previous Owner Town Creek Invstments Llc $62,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2015 02/05/15 Sold $35,000 -56.2% $20 / Sq Ft
01/17/2015 01/17/15 Pending -- -- --
01/08/2014 01/08/14 For Sale $79,900 -- $46 / 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 $1,398 $164,800 $28,100 $136,700
2023 $1,398 $164,800 $28,100 $136,700
2022 $977 $87,600 $28,100 $59,500
2021 $977 $87,600 $28,100 $59,500
2020 $890 $79,800 $28,100 $51,700
2019 $890 $79,800 $0 $0
2018 $847 $76,000 $28,100 $47,900
2017 $847 $0 $0 $0
2016 $847 $0 $0 $0
2015 $864 $76,000 $28,100 $47,900
2014 $864 $84,400 $35,100 $49,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR9573937

Canopy MLS (Canopy Realtor® Association)

APN: 3730168299300000