NOT LISTED FOR SALE

225 Lodge St Teachey, NC 28464

Estimated Value: $189,000 - $382,602

2 Beds
1 Bath
900 Sq Ft
$351/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $360,000 $400 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,270/month

49 Days on Market

Highlights

  • 1.55 Acre Lot
  • Patio
  • 1-Story Property
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2022

Calling all investors!! Duplex investment opportunity with current tenants in place. Close to I-40. 1.55 acres with 4 rental units and 1 single family home. This is a great opportunity to own two duplex's totaling 4 units, 2 bedroom/1 bathroom and a singled family home consisting of 3 bedrooms and 2 bathrooms.There is also an additional hookup that includes a water and sewer tap for future expansion if owner would like to add 4 more units.

Last Agent to Sell the Property

Teresa Dixon

Realty ONE Group Affinity License #327400 Listed on: 08/22/2022

Last Buyer's Agent

Teresa Dixon

Relentless Ventures Realty Group License #327400

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,440

Year Built

  • Built in 2009

Lot Details

  • 1.55

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1 Bathroom
  • 1-Story Property

Parking

  • Dirt Driveway
  • Assigned Parking

Schools

  • Wallace Elementary And Middle School
  • Wallace-Rose Hill High School

Additional Features

  • Patio
  • 1.55 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 09-5385

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,440

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Interior Amenities: None
  • List Price per Sq Ft: 498.89
  • Total Bathrooms: 1.00
  • Number Bedrooms Total: 2
  • Total Heated Sq Ft: 900.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Patio
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Assigned, Dirt

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: Yes

Lot Info

  • Deed Book: 1584
  • Deed Page: 234.00
  • Lot Acres: 1.55
  • Lot Sq Ft: 67518.00
  • Zoning: RA

Rental Info

  • Pets: No

Tax Info

  • Tax Identifier: 09-5385
  • Tax Year: 2021

Multi Family

  • Number Total Units: 4

MLS Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Middle School: Wallace

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2025
Sold by
Lambert Chad
Bought by
Lambert Properties Of Enc Llc
Current Estimated Value
$362,168

Purchase Details

Listed on
Aug 22, 2022
Closed on
Nov 21, 2022
Sold by
Faison Properies Llc
Bought by
Lambert Chad
Seller's Agent
Teresa Dixon
Realty ONE Group Affinity
Buyer's Agent
Teresa Dixon
Relentless Ventures Realty Group
List Price
$449,000
Sold Price
$360,000
Premium/Discount to List
-$89,000
-19.82%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.56%
Source: Public Records

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
Lambert Properties Of Enc Llc -- None Listed On Document
Lambert Chad $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dohan Kenneth J $39,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $360,000 -19.8% $400 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $449,000 -- $499 / 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 $3,440 $290,300 $28,800 $261,500
2023 $2,134 $290,300 $28,800 $261,500
2022 $2,091 $290,300 $28,800 $261,500
2021 $2,134 $290,300 $28,800 $261,500
2020 $2,134 $290,300 $28,800 $261,500
2019 $2,076 $290,300 $28,800 $261,500
2018 $0 $290,300 $28,800 $261,500
2016 $1,824 $249,800 $25,100 $224,700
2013 $10,033 $249,800 $25,100 $224,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100345663

Hive MLS

APN: 09-5385