Andrew Greenberg
EXP Realty LLC Ballantyne
(980) 326-4196
112 Total Sales
1 in Lowesville
$270,000 Price
2027 Cabin Ln Stanley, NC 28164
Lowesville Area
--
Beds
--
Baths
4,592
Sq Ft
1984
Built
About This Home
As of June 2022Purchase Price: $685,000
Value Add Opportunity
+/-4,592 total Sq. Ft.
.75 Acres, room for expansion
Water (separately metered)
sewer access (County tap paid)
This investment multi-family opportunity is located in Lowesville, near Lake Norman and the rapidly growing Denver sub-market. Less than 3 miles from Walmart, Publix, Lowes, Harris Teeter, Food Lion, medical offices, banks, retail centers, gyms, and much more. Close proximity to the new Hwy 16 that allows a convenient, low traffic drive into Charlotte. All existing tenants are on month to month leases, providing flexibility to achieve higher profitability by re-tenanting the property at market rents.
Last Agent to Sell the Property
New Branch Real Estate Advisor License #295051 Listed on: 04/18/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Parking
- 1 to 5 Parking Spaces
Home Design
- 4,592 Sq Ft Home
- Slab Foundation
- Shingle Siding
- Hardboard
Kitchen
- Oven
Laundry
- Laundry Room
- Laundry on main level
Utilities
- Heat Pump System
- Septic Tank
Listing and Financial Details
- Tenant pays for all utilities
- Rent includes exterior maintenance
- Assessor Parcel Number 86948
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2022
Closed on
Jun 15, 2022
Sold by
Lee Kinney David
Bought by
Seller's Agent
Ryan Kinney, CCIM
New Branch Real Estate Advisor
Buyer's Agent
Gina Fritz
SECU*RE Inc.
List Price
$685,000
Sold Price
$685,000
Purchase Details
Closed on
Aug 15, 2013
Sold by
Kinney Jan A
Bought by
Kinney David Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.29%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Stanley, NC
-
Andrew Greenberg
-
Nancy Lewis
Nancy Lewis
EXP Realty LLC Mooresville
(980) 890-9321
67 Total Sales
2 in Lowesville
$485K - $530K Price Range
-
Don Anthony Gomez
Don Anthony Gomez
C-A-RE Realty
(980) 580-7563
636 Total Sales
1 in Lowesville
$530,000 Price
-
Josh Burnett
Josh Burnett
EXP Realty LLC Ballantyne
(980) 399-4700
84 Total Sales
1 in Lowesville
$425,700 Price
-
Kristen Dibble
Kristen Dibble
Berkshire Hathaway HomeServices Carolinas Realty
(980) 890-9089
62 Total Sales
1 in Lowesville
$499,999 Price
-
Andie Taylor
Andie Taylor
Fit Realty LLC
(980) 446-2388
64 Total Sales
2 in Lowesville
$520K - $570K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,370 | Wilson Thomas J | ||
| Kinney David Lee | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $850,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2022 06/15/22 | Sold | $685,000 | 0.0% | $149 / Sq Ft |
| 04/18/2022 04/18/22 | For Sale | $685,000 | -- | $149 / Sq Ft |
Source: Canopy MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,480 | $271,519 | $46,438 | $225,081 |
| 2025 | $2,480 | $271,519 | $46,438 | $225,081 |
| 2024 | $2,353 | $271,519 | $46,438 | $225,081 |
| 2023 | $2,323 | $271,519 | $46,438 | $225,081 |
| 2022 | $2,269 | $213,717 | $34,235 | $179,482 |
| 2021 | $2,280 | $213,717 | $34,235 | $179,482 |
| 2020 | $1,490 | $213,717 | $34,235 | $179,482 |
| 2019 | $1,490 | $213,717 | $34,235 | $179,482 |
| 2018 | $1,930 | $189,088 | $32,235 | $156,853 |
| 2017 | $1,324 | $189,088 | $32,235 | $156,853 |
| 2016 | $1,318 | $189,088 | $32,235 | $156,853 |
| 2015 | $1,290 | $189,088 | $32,235 | $156,853 |
| 2014 | $1,302 | $195,536 | $26,235 | $169,301 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Kinney, CCIM
Seller's Agent in 2022
Ryan Kinney, CCIM
New Branch Real Estate Advisor
(704) 778-6100
15 Total Sales
-
Gina Fritz
GF
Buyer's Agent in 2022
Gina Fritz
SECU*RE Inc.
(919) 614-8258
55 Total Sales
Map
Source: Canopy MLS
MLS Number: 3848641
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
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