NOT LISTED FOR SALE

225 Lodge St Teachey, NC 28464

Estimated Value: $255,000 - $601,409

2 Beds
1 Bath
900 Sq Ft
$445/Sq Ft Est. Value

Last Sold November 23, 2022

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

Est. 11% increase in value since last sale

Current estimated payment $2,702/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

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

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • List Priceper Sq Ft: 498.89
  • New Construction: No
  • Secondary Subdivision: N/A
  • Waterview: No
  • Year Built: 2009
  • Cooling: Central
  • Occupied: Yes
  • Rent Frequency: 650.00
  • Rent Frequency: Monthly
  • Side Unit2 Cooling: Central
  • Side Unit2 Heating: Electric, Forced Air
  • Side Unit2 Occupied: Yes
  • Side Unit2 Rent: 650.00
  • Side Unit2 Rent Frequency: Monthly
  • Side Unit3 Avg Sq Ft: 900
  • Side Unit3 Cooling: Central
  • Side Unit3 Heating: Electric, Forced Air
  • Side Unit3 Occupied: Yes
  • Side Unit3 Rent: 650.00
  • Side Unit3 Rent Frequency: Monthly
  • Side Unit3 Total Rooms: 4
  • Side Unit4 Avg Sq Ft: 900
  • Side Unit4 Cooling: Central
  • Side Unit4 Heating: Electric, Forced Air
  • Side Unit4 Occupied: Yes
  • Side Unit4 Rent: 650.00
  • Side Unit4 Rent Frequency: Monthly
  • Side Unit4 Total Rooms: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Interior Amenities: None
  • Total Bathrooms: 1.00
  • Stories: 1.0
  • Stories Levels: One
  • Number Bedrooms Total: 2
  • Furnished: No
  • Bedrooms: 2
  • Side Unit2 Furnished: No
  • Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Side Unit3 Furnished: No
  • Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Side Unit4 Furnished: No
  • Numberof Bedrooms: 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

Garage/Parking

  • Parking Driveway: Assigned, Dirt

Utilities

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

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Fee Information

  • Property Mgmt Company: Yes

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Book: 1584
  • Deed Page: 234.00
  • Lot Acres: 1.55
  • Lot Sq Ft: 67518.00
  • Zoning: RA

Rental Info

  • Appointment Center Phone: 1111111
  • Pets: No

Tax Info

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

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
$400,803

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
3.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lambert Properties Of Enc Llc -- None Listed On Document
Lambert Chad $360,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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
2025 $6,895 $669,400 $26,500 $642,900
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

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