Seller's Agent in 2025
Thomas Iuliucci
Northside Realty Inc.
(910) 527-0948
2 in this area
292 Total Sales
225 Douglas St Holly Springs, NC 27540
--
Bed
--
Bath
7,040
Sq Ft
0.46
Acres
About This Home
As of July 2023ATTENTION INVESTORS! Rare opportunity to own a triplex in Holly Springs, named one of the best and safest towns in NC. The property has been renovated from top to bottom and no HOA! Prime location close to downtown, shopping, dining, and major highways. With 7264sf total, these are probably the largest townhomes you’ll ever find. This 12 bed, 10 bath income producing property is priced lower per square foot than any other in Holly Springs. All 3 units are tenant occupied. Sales price is based on market rent, not current rent. At $980K you have a 7% return on your investment now and with market rent that return will be closer to 12%. Better than the stock market with zero risk. Turn one unit into an Airbnb or move into one while renting out the other two and live mortgage free with rental income to spare. So many possibilities! Pre-qualified buyers only please. See agent remarks for more details. You might never see property like this in Holly Springs again. A truly a unique investment opportunity so hurry before it’s gone!
Last Agent to Sell the Property
Carolina's Choice Real Estate License #158379 Listed on: 04/18/2023
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,342
Year Built
- Built in 1961
Parking
- Off-Street Parking
Home Design
- Vinyl Siding
Schools
- Oakview Elementary School
- Apex Middle School
- Holly Springs High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Laminate Flooring
- Crawl Space
Community Details
- 3 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 16, 2018
Sold by
Kelley Alicia A
Bought by
Kelley Alicia A and Schifano John P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 10, 2018
Sold by
Trusteee Services Of Carolina Llc
Bought by
Kelley Alicia A
Purchase Details
Closed on
Jul 21, 2005
Sold by
Perkins Edison Lee
Bought by
Perkins Edison Lee and Perkins Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
8.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 1987
Bought by
Perkins Patricia Heirs
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Trustee Deed | $320,500 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $1,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $423,000 | New Conventional | |
| Closed | $325,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $80,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $325,000 | New Conventional | |
| Previous Owner | $265,000 | Unknown | |
| Previous Owner | $128,000 | Unknown | |
| Previous Owner | $27,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | For Sale | $1,475,000 | +58.6% | $178 / Sq Ft |
| 12/14/2023 12/14/23 | Off Market | $930,000 | -- | -- |
| 07/27/2023 07/27/23 | Sold | $930,000 | -5.1% | $132 / Sq Ft |
| 06/21/2023 06/21/23 | Pending | -- | -- | -- |
| 06/12/2023 06/12/23 | For Sale | $980,000 | +5.4% | $139 / Sq Ft |
| 04/26/2023 04/26/23 | Off Market | $930,000 | -- | -- |
| 04/26/2023 04/26/23 | Pending | -- | -- | -- |
| 04/17/2023 04/17/23 | For Sale | $980,000 | -- | $139 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $7,993 | $925,711 | $135,000 | $790,711 |
| 2023 | $4,497 | $411,339 | $72,000 | $339,339 |
| 2022 | $4,342 | $411,339 | $72,000 | $339,339 |
| 2021 | $4,262 | $411,339 | $72,000 | $339,339 |
| 2020 | $4,262 | $411,339 | $72,000 | $339,339 |
| 2019 | $5,193 | $426,644 | $64,000 | $362,644 |
| 2018 | $4,697 | $426,644 | $64,000 | $362,644 |
| 2017 | $4,529 | $426,644 | $64,000 | $362,644 |
| 2016 | $4,467 | $426,644 | $64,000 | $362,644 |
| 2015 | $4,370 | $410,685 | $60,000 | $350,685 |
| 2014 | $4,194 | $408,124 | $60,000 | $348,124 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Iuliucci
-
Rebecca Dougherty
R
Seller Co-Listing Agent in 2025
Rebecca Dougherty
Northside Realty Inc.
(910) 366-4362
1 in this area
66 Total Sales
-
David Wilson
Seller's Agent in 2023
David Wilson
Carolina's Choice Real Estate
(919) 412-9350
33 in this area
859 Total Sales
-
Shelley Buffaloe
Seller Co-Listing Agent in 2023
Shelley Buffaloe
Carolina's Choice Real Estate
(919) 325-1334
33 in this area
894 Total Sales
-
N
Buyer's Agent in 2023
Non Member
Non Member Office
Map
Source: Doorify MLS
MLS Number: 2505988
APN: 0649.15-73-2380-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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