NOT LISTED FOR SALE

Estimated Value: $239,000 - $337,823

4 Beds
2 Baths
1,612 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $315,000 $195 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,695/month

30 Days on Market

Highlights

  • Great Room
  • Four Sided Brick Exterior Elevation
  • Central Heating and Cooling System
  • Laundry Room

About This Home

As of May 2023

Priced below FHA appraisal on 4/11/23 of $310,000. Great investor opportunity for a duplex in Washington Heights. Each unit has 2 bedrooms and 1 bath, all upstairs. Flooring throughout the units and bathrooms in both units have recently been updated and new HVAC for both units. ***This is an AS IS sale only! Seller will not make any repairs.*** Do not disturb tenants. Do not walk the property. Per previous buyer's structural engineering inspection, it was recommended that post-installed deep foundation system such as helical piers be installed.

Last Agent to Sell the Property

Kimberly Anton

Allen Tate Lake Norman License #330994 Listed on: 03/25/2023

Allen Tate Lake Norman

Last Buyer's Agent

Michael Guerra

Lifestyle International Realty License #308998

Lifestyle International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,544

Year Built

  • Built in 1954

Lot Details

  • 7,405

Home Design

  • Duplex
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,612 Sq Ft Home
  • Property has 2 Levels
  • Great Room
  • Crawl Space
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Washington Heights Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 06909611

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,544

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1954
  • Road Surface Type: Dirt
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Great Room,Laundry
  • Appliances: Electric Range
  • Owner Pays: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1612
  • Building Stories: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Other - See Remarks

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 06909611
  • Zoning: R-5
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
May 16, 2023
Sold by
On Wendy and On Lei
Bought by
Ross Frankie
Seller's Agent
Kimberly Anton
Allen Tate Lake Norman
Buyer's Agent
Michael Guerra
Lifestyle International Realty
List Price
$299,000
Sold Price
$315,000
Premium/Discount to List
$16,000
5.35%
Views
144
Current Estimated Value
$287,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,726
Avg. Annual Appreciation
-4.03%
Original Mortgage
$283,500
Outstanding Balance
$274,120
Interest Rate
5.2%
Mortgage Type
New Conventional
Estimated Equity
$13,154

Purchase Details

Listed on
Oct 25, 2017
Closed on
Nov 9, 2017
Sold by
Kj Reality Llc
Bought by
On Wendy
Seller's Agent
Sheri Davis
Connect Realty of the Carolinas
Buyer's Agent
George Joseph
KJ Realty LLC
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.67%

Purchase Details

Closed on
Feb 23, 2006
Sold by
Fraley Clarence E
Bought by
Frazier Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
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
Ross Frankie $315,000 None Listed On Document
On Wendy $100,000 None Available
Kj Realty Llc $85,000 None Available
Frazier Michelle $58,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Frankie $283,500
Previous Owner Frazier Michelle $52,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $315,000 +5.4% $195 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $299,000 0.0% $185 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $299,000 +251.8% $185 / Sq Ft
11/09/2017 11/09/17 Sold $85,000 0.0% $53 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $85,000 -- $53 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,544 $163,300 $26,100 $137,200
2023 $1,476 $163,300 $26,100 $137,200
2022 $901 $93,400 $19,000 $74,400
2021 $901 $93,400 $19,000 $74,400
2020 $901 $93,400 $19,000 $74,400
2019 $1,084 $93,400 $19,000 $74,400
2018 $0 $35,400 $6,300 $29,100
2017 $584 $35,400 $6,300 $29,100
2016 $565 $35,400 $6,300 $29,100
2015 $542 $35,400 $6,300 $29,100
2014 $607 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4012265

Canopy MLS (Canopy Realtor® Association)

APN: 069-096-11