NOT LISTED FOR SALE

230 Standard St Elkin, NC 28621

Estimated Value: $94,706

-- Bed
-- Bath
-- Sq Ft
0.4 Acres

Last Sold August 14, 2020

Last sale price $60,000

Est. 58% increase in value since last sale

Current estimated payment $553/month

1,915 Days on Market

About This Home

As of August 2020

Reduced again! Motivated seller wants an offer. 2018 Gross income was reported at $40,264. Those numbers work for a strong investment. Take out 50% for expenses and you have a 20% Cap Rate! 7 bay self serve carwash built in the early 1980's. 3 vacuum islands, change machines, vending and carwash equip included with purchase. Natural gas for hot water. Reported gross income from owner over last 3 years has been in the low mid $30ks.

Last Agent to Sell the Property

Robert Ball

Underdown, Ball & Associates, LLC License #184573 Listed on: 04/24/2015

Last Buyer's Agent

Jamie Roberts

Premier Property, LLC License #204451

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $638

Year Built

  • Built in 1981

Lot Details

  • Property is zoned B1

Community Details

  • No Home Owners Association
  • 2,790 Sq Ft Building
  • Ride W/ Pride Carwas Community

Listing and Financial Details

  • Assessor Parcel Number 495118318985

Property Details

Property Type

Other

Est. Annual Taxes

$638

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Business Type: Investment
  • Directions: N Bridge Street (US 21) to Standard Street in Historic downtown Elkin across from the proposed Heritage and Trails Center
  • Building Name: Ride w/ Pride Carwas
  • Year Built: 1981
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 495118318985
  • Zoning: B1
  • TRIADMLS_DeedPage: 488
  • TRIADMLS_DeedBook: 630
  • TRIADMLS_AcresRange: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2015
Closed on
Aug 14, 2020
Sold by
Rwp 5 Llc
Bought by
Premier Property Llc
Seller's Agent
Robert Ball
Underdown, Ball & Associates, LLC
Buyer's Agent
Jamie Roberts
Premier Property, LLC
List Price
$185,000
Sold Price
$60,000
Premium/Discount to List
-$125,000
-67.57%
Current Estimated Value
$94,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,706
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Apr 27, 2018
Sold by
Brookshire Barney L
Bought by
Rwp 5 Llc

Purchase Details

Closed on
Nov 1, 1996

Purchase Details

Closed on
Feb 1, 1982

Purchase Details

Closed on
Nov 1, 1980

Purchase Details

Closed on
Feb 1, 1966
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
Premier Property Llc $60,000 None Available
Rwp 5 Llc -- --
-- -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $60,000 -67.6% --
07/22/2020 07/22/20 Pending -- -- --
04/24/2015 04/24/15 For Sale $185,000 -- --
Source: Triad 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 $638 $94,150 $31,880 $62,270
2023 $444 $67,550 $31,880 $35,670
2022 $451 $67,550 $31,880 $35,670
2021 $458 $67,550 $31,880 $35,670
2020 $464 $64,940 $31,880 $33,060
2019 $464 $64,940 $0 $0
2018 $456 $64,940 $0 $0
2017 $464 $64,940 $0 $0
2016 $457 $64,940 $0 $0
2013 -- $68,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Ball

    Seller's Agent in 2020

    Robert Ball

    Underdown, Ball & Associates, LLC

    (336) 366-9212

    49 in this area

    128 Total Sales

    Robert Ball
    Section Image

  • J

    Buyer's Agent in 2020

    Jamie Roberts

    Premier Property, LLC

    (336) 902-3108

    21 in this area

    71 Total Sales

    Jamie Roberts
    Section Image
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Map

Source: Triad MLS

MLS Number: 755084

Triad MLS

APN: 4951-18-31-8985

North Carolina Surry County Elkin 28621

230 Standard St, Elkin, NC

This home is located at 230 Standard St, Elkin, NC 28621 since 24 April 2015 and is currently estimated at $94,706. This property was built in 1981. 230 Standard St is a home located in Surry County with nearby schools including Elkin Elementary School, Elkin Middle School, and Elkin High School.

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