NOT LISTED FOR SALE

2344 Gordon Rd High Point, NC 27265

Festival Park Neighborhood

Estimated Value: $548,000 - $1,477,952

95 Beds
31 Baths
15,864 Sq Ft
$64/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $1,500,000 $95 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $6,427/month

132 Days on Market

Highlights

  • Barn
  • Partially Wooded Lot
  • Lot Has A Rolling Slope
  • 16.52 Acre Lot
  • No HOA

About This Home

As of July 2014

RENTAL HOMES INVESTMENT OPPORTUNITY!!! This investment opportunity consists of three housing plots that are to be sold together - Plots 2344, 2406 and 2335 Gordon Road are the three properties. Consolidated, these three properties total 34 rental homes and associated service buildings. The occupancy rate has been in excess of 90% and the total annual Net Income from these homes is in excess of $160,000., in each of the last two years. The Cap Rate is in excess of 10%! SHOWING APPOINTMENT REQUIRED.

Co-Listed By

Joe Tomlinson

Berkshire Hathaway HomeServices Yost & Little Realty License #263654

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,267

Year Built

  • Built in 1980

Lot Details

  • 16.52 Acre Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Property is zoned RS-12

Parking

  • No Garage

Interior Spaces

  • 15,864 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 95 Bedrooms
  • 31 Full Bathrooms

Additional Features

  • Barn
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0177272
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,267

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 16.52
  • Lot Size: MULTIPLE
  • Co List Office Mls Id: GYLR01
  • Co List Office Phone: 336-272-0151
  • Directions: - NO SIGNAGE - DO NOT DRIVE INTO COMMUNITY WITHOUT AN APPOINTMENT - OWNER DOES NOT WANT TO ADVERTISE SALE TO TENNANTS. PLEASE CALL TOM HESLIN 336-456-0810 FOR SHOWING APPOINTMENT.
  • Above Grade Finished Sq Ft: 15864
  • Unit Levels: One
  • Year Built: 1980
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 15864
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 31
  • Total Bedrooms: 95
  • Living Area: 15864
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot, Rolling Slope, Partially Wooded
  • Construction Type: See Remarks
  • Other Structures: Barn(s)
  • Flood Zone: Partial

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Cooling: Remarks
  • Heating: See Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0177272
  • Zoning: RS-12
  • TRIADMLS_PlatPage: 140
  • TRIADMLS_DeedPage: 1992,
  • TRIADMLS_DeedBook: 4302, 6007
  • TRIADMLS_PlatBook: 154

Multi Family

  • Existing Lease Type: Lease Information Available For Review.

Tax Info

  • Tax Annual Amount: 24267
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 1.445

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2014 07/01/14 Sold $1,500,000 -9.1% $95 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $1,650,000 -- $104 / Sq Ft
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
2025 $12,424 $901,600 $199,200 $702,400
2024 $12,424 $901,600 $199,200 $702,400
2023 $12,424 $901,600 $199,200 $702,400
2022 $12,154 $901,600 $199,200 $702,400
2021 $8,333 $604,700 $71,900 $532,800
2020 $8,333 $604,700 $71,900 $532,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller Co-Listing Agent in 2014

    Joe Tomlinson

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 362-9336

    36 Total Sales

    Joe Tomlinson
    Section Image
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Map

Source: Triad MLS

MLS Number: 695068

Triad MLS

APN: 0177272

North Carolina Guilford County High Point 27265 Festival Park

2344 Gordon Rd, High Point, NC

This home is located at 2344 Gordon Rd, High Point, NC 27265 since 20 January 2014 and is currently estimated at $1,012,976, approximately $63 per square foot. This property was built in 1980. 2344 Gordon Rd is a home located in Guilford County with nearby schools including Montlieu Academy of Technology, Welborn Academy of Science & Technology, and T.W. Andrews High School.

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