NOT LISTED FOR SALE

Estimated Value: $106,500

-- Bed
8 Baths
800 Sq Ft
$133/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $64,000 $80 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $603/month

57 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 1 Level
  • Cooling System Mounted To A Wall/Window
  • Carpet

About This Home

As of February 2020

GREAT INVESTMENT OPPORTUNITY!!! If you are looking to invest in rentals then this is the one for you!!! 5 Mobile Homes on City Sewer with a Monthly income of $1625

Last Listed By

Wendy Dickens

Gene Carman Real Estate & Auctions License #281545 Listed on: 11/20/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1970

Lot Details

  • 1

Interior Spaces

  • 800 Sq Ft Home
  • Property has 1 Level
  • Carpet

Schools

  • Red Boiling Springs Elementary And Middle School
  • Red Boiling Springs High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,300
  • Assessor Parcel Number 046H C 00902 000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $1
  • Gross Income $1,625
  • Net Operating Income $1,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$500

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1970
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: MODEL
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Above Grade Finished Sq Ft: 800
  • Building Area Units: Square Feet
  • Living Area: 800
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Res. / Com
  • Lot Size Units: Acres
  • Parcel #: 046H C 00902 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 1625
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 1624
  • Number Of Units Total: 5
  • Annual Operating Expense: 1
  • Total Actual Rent: 1300

Tax Info

  • Tax Annual Amount: 500

MLS Schools

  • Elementary School: Red Boiling Springs School
  • High School: Red Boiling Springs School
  • Middle Or Junior School: Red Boiling Springs School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2022
Sold by
Misty Carrick
Bought by
Smith Todd
Total Days on Market
57
Current Estimated Value
$106,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2019
Closed on
Feb 28, 2020
Sold by
Brown Hershel Junior and Brown Brenda K
Bought by
Carrick Misty and Carrick Kurt
Seller's Agent
Wendy Dickens
Gene Carman Real Estate & Auctions
Buyer's Agent
Wendy Dickens
Gene Carman Real Estate & Auctions
List Price
$74,900
Sold Price
$64,000
Premium/Discount to List
-$10,900
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 2, 2017
Sold by
Brown Jonathan and Brown Sonya
Bought by
Brown Hurshel Junior

Purchase Details

Closed on
Aug 30, 2010
Sold by
Bowen Kenny J
Bought by
Brown Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2005
Sold by
Joyce Thurman
Bought by
Bowen Kenny J

Purchase Details

Closed on
Oct 27, 2005
Sold by
Dwight Munday
Bought by
Joyce Munday

Purchase Details

Closed on
Aug 4, 1999
Sold by
Crawford John M
Bought by
Munday Dwight and Munday Joyce

Purchase Details

Closed on
Apr 4, 1996
Sold by
Strack Paul
Bought by
Hollis Kenneth and Hollis Anita

Purchase Details

Closed on
May 13, 1988
Bought by
Strack Paul and Strack Susie

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
Smith Todd $200,000 Andrew A Stanford Attorney At
Carrick Misty $350,000 None Available
Brown Hurshel Junior $55,000 None Available
Brown Jonathan $50,000 --
Bowen Kenny J $39,900 --
Joyce Munday -- --
Munday Dwight $6,000 --
Hollis Kenneth $5,000 --
Strack Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Smith Todd $160,000
Previous Owner Carrick Misty $266,500
Previous Owner Strack Paul $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $64,000 -14.6% $80 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $74,900 -- $94 / Sq Ft
Source: Realtracs

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 $161 $7,080 $3,600 $3,480
2023 $161 $7,080 $0 $0
2022 $289 $7,520 $3,600 $3,920
2021 $289 $7,520 $3,600 $3,920
2020 $282 $7,520 $3,600 $3,920
2019 $282 $7,520 $3,600 $3,920
2018 $268 $7,520 $3,600 $3,920
2017 $298 $7,680 $3,400 $4,280
2016 $288 $7,680 $3,400 $4,280
2015 $288 $7,680 $3,400 $4,280
2014 $279 $7,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2101610

Realtracs

APN: 046H-C-009.02