NOT LISTED FOR SALE

207 Mill St Unit A & B Creedmoor, NC 27522

Creedmoor Area
6 Beds
4 Baths
2,476 Sq Ft
0.57 Acre Lot

Sale Details

Date Sold: May 29, 2025

Last sale price $379,900 $153 Per Sq Ft

20 Days on Market

Highlights

  • Deck
  • No HOA
  • Living Room
  • Traditional Architecture
  • Front Porch
  • Entrance Foyer

About This Home

As of May 2025

ATTENTION INVESTORS! Rare Duplex (1of 5 being offered by this seller) in Creedmoor at an in place Cap Rate of 7% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Creedmoor is a convenient small town to live in close to everything in downtown or a quick drive down HWY 50 to North Raleigh or out to HWY 85 and over to Durham or Chapel Hill. Being offered 100% occupied with substantially below market rents. New owners could do minor CAP X improvements like flooring and paint and push rents, or remodel the kitchen and bathrooms as well and push rents even higher and realize up to a 9.8% cap rate at the market rent of $1795 per side (estimate) fully upgraded. The current owners have made significant upgrades over the last 5 yeas with over $25K in renovations including refinished decks 2024, New HVAC systems 2020 and some new appliances. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors.

Last Agent to Sell the Property

Matt Perry

Keller Williams Elite Realty License #234841 Listed on: 04/03/2025

Keller Williams Elite Realty

Last Buyer's Agent

Emilee Carraway

Compass -- Raleigh License #286915

Compass -- Raleigh
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,248

Year Built

  • Built in 2003

Lot Details

  • 24,829 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,476 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Basement
  • Crawl Space

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 4 Parking Spaces
  • 4 Open Parking Spaces

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Mount Energy Elementary School
  • Hawley Middle School
  • S Granville High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08961842024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,248

Year Built

Built in 2003

Lot Details

0.57 Acres

Listing Details

  • Year Built: 2003
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2476.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Room Types Living Room2: Yes
  • Remarks and Miscellaneous Syndication Remarks2: ATTENTION INVESTORS! Rare Duplex (1of 5 being offered by this seller) in Creedmoor at an in place Cap Rate of 7% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Creedmoor is a convenient small town to live in close to everything in downtown or a quick drive down HWY 50 to North Raleigh or out to HWY 85 and over to Durham or Chapel Hill. Being offered 100% occupied with substantially below market rents. New owners could do minor CAP X improvements like flooring and paint and push rents, or remodel the kitchen and bathrooms as well and push rents even higher and realize up to a 9.8% cap rate at the market rent of $1795 per side (estimate) fully upgraded. The current owners have made significant upgrades over the last 5 yeas with over $25K in renovations including refinished decks 2024, New HVAC systems 2020 and some new appliances. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors.
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Room Types Entrance Hall: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 2476.0
  • General Property Information Lot Size Square Feet2: 24829.0
  • General Property Information Lot Size Acres: 0.57
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 2476.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Luxury Vinyl, Tile
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.57
  • Construction Type: Vinyl Siding
  • Foundation Details: Other
  • Patio And Porch Features: Deck, Front Porch
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Granville - S Granville
  • Middle Or Junior School: Granville - Hawley

Lot Info

  • Lot Size Sq Ft: 24829.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 08961842024
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Annual Amount: 4248.2
  • Tax Year: 2024

MLS Schools

  • Elementary School: Granville - Mount Energy

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
05/29/2025 05/29/25 Sold $379,900 0.0% $153 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $379,900 -- $153 / Sq Ft
Source: Doorify 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 $4,151 $405,799 $84,579 $321,220
2025 $4,166 $397,843 $82,921 $314,922
2023 $4,166 $382,397 $79,702 $302,695
2022 $4,056 $374,900 $78,140 $296,760
2021 $3,948 $367,550 $76,608 $290,942
2020 $3,901 $363,782 $75,823 $287,959
2019 $3,828 $356,650 $74,337 $282,313
2018 $3,623 $349,658 $72,880 $276,778
2017 $3,556 $342,802 $71,451 $271,351
2016 $3,480 $336,081 $70,050 $266,031
2015 $3,395 $331,033 $68,998 $262,035
2014 $3,341 $324,550 $67,647 $256,903
Source: Public Records

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Map

Source: Doorify MLS

MLS Number: 10086710

Doorify MLS
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