NOT LISTED FOR SALE

203 W Main St Spring Hope, NC 27882

Estimated Value: $104,856

-- Bed
-- Bath
801 Sq Ft
$131/Sq Ft Est. Value

Last Sold February 02, 2023

Last sale price $95,000 $119 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $664/month

9 Days on Market

Highlights

  • Corner Lot
  • Concrete Flooring
  • Heating Available
  • No HOA

About This Home

As of February 2023

Masonry building in the Spring Hope Central Business District with the potential for three or four independent businesses. Formerly used as an auto parts store with warehouse, a beauty shop, and a pet groomer. Most recently, it was serving as the warehouse for Faith Christian Ministries Thrift Store, while the portions facing Main St. generated $1,000 per month in rental revenue from a pet groomer and a beauty shop. Building is being sold ''as is''

Last Agent to Sell the Property

Kay Mitchell

Stone Auction & Realty License #216183 Listed on: 12/21/2022

Last Buyer's Agent

Tyler Carter

Carter & CO. Realty LLC License #314029

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $330

Year Built

  • Built in 1930

Lot Details

  • 7,148 Sq Ft Lot
  • Lot Dimensions are 65' x 110'
  • Corner Lot
  • Property is zoned CB

Parking

  • On-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 801 Sq Ft Home
  • Concrete Flooring

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 276906297310

Property Details

Property Type

Other

Est. Annual Taxes

$330

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: G
  • Sub Type: Improved
  • Sub Type2: Commercial, Mixed Use, Office, Retail
  • Cobra Zone: No
  • Construction: Block
  • New Construction: No
  • Year Built: 1930
  • Definition: RE w/Business
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Attic: None
  • Basement: None
  • Flooring: Concrete
  • List Price per Sq Ft: 118.60
  • Sq Ft Heated: 801.00
  • Sq Ft Apx Total: 3970.00

Exterior Features

  • Foundation: Slab
  • Road Type Frontage: Paved, Public (City/Cty/St)

Garage/Parking

  • Parking Driveway: Street Only
  • Garage: Yes
  • Number Of Parking Spaces: 3

Utilities

  • Federal Flood Ins Avlbl: No
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Internet Service Provider: Spectrum
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA Amenities: No Amenities

Lot Info

  • Deed Book: 2644
  • Deed Page: 747.00
  • Lot Acres: 0.16
  • Lot Description: Corner Lot
  • Lot Dimensions: 65' x 110'
  • Lot Sq Ft: 7148.00
  • Lot Water Features: None
  • Zoning: CB

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 276906297310
  • Tax Year: 2022
  • Total City Real Estate Property Tax: 157.00
  • Total Real Estate Property Taxes: 330.00

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Shearin Danielle D
Bought by
Dara Properties Inc
Current Estimated Value
$104,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Outstanding Balance
$71,882
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$32,044

Purchase Details

Listed on
Dec 21, 2022
Closed on
Feb 1, 2023
Sold by
Faith Christian Ministries Of Spring Hop
Bought by
Shearin Danielle D
Seller's Agent
Kay Mitchell
Stone Auction & Realty
Buyer's Agent
Tyler Carter
Carter & CO. Realty LLC
List Price
$95,000
Sold Price
$95,000
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$45,000
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 2, 2012
Sold by
Ellis Idalyne B
Bought by
Faith Christian Ministries Of Spring Hop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.43%
Mortgage Type
Commercial
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Dara Properties Inc $105,000 None Listed On Document
Shearin Danielle D $95,000 --
Faith Christian Ministries Of Spring Hop $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dara Properties Inc $84,000
Previous Owner Shearin Danielle D $45,000
Previous Owner Faith Christian Ministries Of Spring Hop $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2023 02/02/23 Sold $95,000 0.0% $119 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/21/2022 12/21/22 For Sale $95,000 -- $119 / Sq Ft
Source: Hive MLS

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 $1,277 $24,900 $16,770 $8,130
2023 $38 $24,900 $0 $0
2022 $38 $24,900 $16,770 $8,130
2021 $38 $24,900 $16,770 $8,130
2020 $55 $35,670 $16,770 $18,900
2019 $55 $35,670 $16,770 $18,900
2018 $55 $7,134 $0 $0
2017 $271 $35,670 $0 $0
2015 $296 $38,950 $0 $0
2014 $296 $38,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100362362

Hive MLS

APN: 2769-06-29-7310