$160,000
SOLD NOV 17, 2016
4 Beds
2 Baths
1,600 Sq Ft
5,662 Sq Ft Lot

Recently Sold

$100 Per Sq Ft

3% Below List Price

7 Days on Market

Highlights

  • A-Frame Home
  • Wood Flooring
  • Side Porch
  • Living Room with Fireplace
  • No HOA
  • Four Sided Brick Exterior Elevation

About This Home

As of August 2020

1600 ft brick duplex in Villa Heights offers an excellent rehab opportunity, especially if able/willing to convert to SFR. Unit has tree damage to one side: Property needs complete rehab as a result. Selling as is.

Last Agent to Sell the Property

Galen Massey

Galen Massey Brokerage Email: charlottebuyer@gmail.com License #138818 Listed on: 10/27/2016

Last Buyer's Agent

Bobby Horne

EXP Realty LLC Mooresville License #288579

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,605

Year Built

  • Built in 1942

Lot Details

  • 5,662 Sq Ft Lot
  • Lot Dimensions are 50x102x60x135

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,600 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Shared Driveway
  • On-Street Parking

Outdoor Features

  • Side Porch

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Villa Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083-149-02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,605

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: A-Frame
  • Year Built: 1942
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: charlottebuyer@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Flooring: Wood
  • Sq Ft Unheated Basement: 0
  • Appliances: Electric Water Heater
  • Owner Pays: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Living Area: 1600
  • Room Count: 0
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Side Porch

Garage/Parking

  • Total Parking Spaces: 2
  • Main Level Garage YN: 0
  • Parking Features: Driveway, On Street, Shared Driveway

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: None
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Parcel Number: 083-149-02
  • Development Status: Completed
  • Lot Size Acres: 0.13
  • Lot Size: 50x102x60x135
  • Lot Size Sq Ft: 5662
  • Zoning Description: Duplex
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R22MF

Green Features

  • Green Verification Count: 1

Rental Info

  • Tenant Pays: None
  • Pets Allowed: Yes

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
Jul 3, 2020
Closed on
Aug 24, 2020
Sold by
Lyon Wesley W
Bought by
May Joseph
Seller's Agent
Matthew Means
COMPASS
Buyer's Agent
Lauren Lowery
COMPASS
List Price
$500,000
Sold Price
$480,500
Premium/Discount to List
-$19,500
-3.9%
Current Estimated Value
$751,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,719
Avg. Annual Appreciation
9.59%
Original Mortgage
$432,450
Outstanding Balance
$388,754
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$362,465

Purchase Details

Listed on
Mar 23, 2017
Closed on
Jun 6, 2017
Sold by
Tpm Properties Limited Partnership
Bought by
Lyon Ii Wesley W
Seller's Agent
Martha Mendoza Borgese
ERA Live Moore
Buyer's Agent
Michael Laine
Real Broker, LLC
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$363,750
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2016
Closed on
Nov 16, 2016
Sold by
Starnes Residntial Properties Llc
Bought by
Tpm Propertes Limited Partnersihip
Seller's Agent
Galen Massey
Galen Massey
Buyer's Agent
Bobby Horne
EXP Realty LLC Mooresville
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
357.67%

Purchase Details

Listed on
Oct 27, 2016
Closed on
Oct 26, 2016
Sold by
Keller Capital Re Investments Llc
Bought by
Starnes Residential Properties Llc
Seller's Agent
Galen Massey
Galen Massey
Buyer's Agent
Bobby Horne
EXP Realty LLC Mooresville
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Purchase Details

Listed on
Oct 27, 2016
Closed on
Oct 21, 2016
Sold by
Myers Myers R and Myers Lucinda S
Bought by
Keller Capital Re Investments Llc
Seller's Agent
Galen Massey
Galen Massey
Buyer's Agent
Bobby Horne
EXP Realty LLC Mooresville
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Purchase Details

Closed on
Jan 9, 1980
Bought by
Myers Myers R and Myers Lucinda S
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $480,500 None Available
Warranty Deed $375,000 None Available
Warranty Deed $160,000 None Available
Warranty Deed $135,000 None Available
Warranty Deed $135,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $432,450 New Conventional
Previous Owner $40,000 Credit Line Revolving
Previous Owner $348,800 New Conventional
Previous Owner $363,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $480,500 +1.2% $294 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/15/2020 07/15/20 Price Changed $475,000 -5.0% $291 / Sq Ft
07/03/2020 07/03/20 For Sale $500,000 +33.3% $306 / Sq Ft
06/08/2017 06/08/17 Sold $375,000 -2.6% $230 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $385,000 +140.6% $236 / Sq Ft
11/17/2016 11/17/16 Sold $160,000 -3.0% $100 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $165,000 -- $103 / 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
2023 $4,605 $621,800 $380,000 $241,800
2022 $3,778 $387,400 $157,500 $229,900
2021 $3,778 $387,400 $157,500 $229,900
2020 $3,738 $387,400 $157,500 $229,900
2019 $3,830 $387,400 $157,500 $229,900
2018 $2,566 $107,900 $24,000 $83,900
2017 $1,460 $107,900 $24,000 $83,900
2016 $1,174 $82,400 $24,000 $58,400
2015 -- $82,400 $24,000 $58,400
2014 $1,213 $88,400 $30,000 $58,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3227106

Canopy MLS (Canopy Realtor® Association)

APN: 083-149-02