NOT LISTED FOR SALE

Estimated Value: $237,000 - $389,000

4 Beds
2 Baths
1,300 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 07, 2013

Last sale price $26,000 $20 Per Sq Ft

Est. 1,104% increase in value since last sale

Current estimated payment $1,913/month

123 Days on Market

Highlights

  • Second Kitchen
  • 0.3 Acre Lot
  • No HOA
  • Myers Park High Rated A
  • Wood Flooring
  • Laundry Room

About This Home

As of June 2013

Investors!! Solid investment property close to uptown that backs up to Southside Park. Priced 20K+ below tax value. Both of these units can rent for $450 to $550 each per month. Great cash flow opportunity.

Last Agent to Sell the Property

John Turner

Venture Realty, LLC Brokerage Email: John@VentureNC.com License #245005 Listed on: 01/31/2013

Last Buyer's Agent

Julie Tache

Homes With Cachet LLC License #210325

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot

Parking

  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 1,300 Sq Ft Home
  • Insulated Windows
  • Crawl Space
  • Laundry Room

Kitchen

  • Second Kitchen
  • Electric Cooktop

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 145-017-04

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,142

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Road Surface Type: Concrete
  • ResoPropertyType: ResidentialIncome
  • Primary Residence Yn: 0
  • Attribution Contact: John@VentureNC.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Room Other: 2nd Kitchen,Bedroom(s),Primary Bedroom
  • Appliances: Electric Cooktop, Electric Water Heater, Refrigerator
  • Owner Pays: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1300
  • Window Features: Insulated Window(s)
  • Room Count: 0
  • Sq Ft Other: 45

Exterior Features

  • New Construction: No
  • Construction Type: Brick Partial, Hard Stucco

Garage/Parking

  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Cooling: Window Unit(s)
  • 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: 0.3
  • Lot Size Units: Acres
  • Parcel Number: 145-017-04
  • Lot Size Acres: 0.3
  • Lot Size: .129
  • Lot Size Sq Ft: 13068
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R22mf

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: NA

Rental Info

  • Tenant Pays: None

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
Jan 31, 2013
Closed on
Jun 7, 2013
Sold by
American Ira Llc
Bought by
Sgt Homes Llc
Seller's Agent
John Turner
Venture Realty, LLC
Buyer's Agent
Julie Tache
Homes With Cachet LLC
List Price
$36,900
Sold Price
$26,000
Premium/Discount to List
-$10,900
-29.54%
Current Estimated Value
$313,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,000
Avg. Annual Appreciation
22.77%

Purchase Details

Closed on
Aug 10, 2012
Sold by
Bfour Investments Llc
Bought by
American Ira Llc and Kenneth Glidden Ira

Purchase Details

Closed on
Dec 12, 2008
Sold by
Hill Valley Homes Llc
Bought by
Odle Bruce and Odle Jamie

Purchase Details

Closed on
Aug 28, 2008
Sold by
Consumer Solutions Reo Llc
Bought by
Hill Valley Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,128
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2008
Sold by
Davis Shiree and Davis Larry
Bought by
Consumer Solutions Reo Llc

Purchase Details

Closed on
Nov 22, 2006
Sold by
Davis Shiree
Bought by
Davis Larry and Davis Shiree
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
Sgt Homes Llc $26,000 None Available
American Ira Llc $21,000 None Available
Odle Bruce -- None Available
Bfour Investments Llc $34,000 Investors Title Insurance Co
Hill Valley Homes Llc $30,000 None Available
Consumer Solutions Reo Llc $65,000 None Available
Davis Larry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Valley Homes Llc $29,128
Previous Owner Davis Shiree G $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2013 06/07/13 Sold $26,000 -29.5% $20 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $36,900 -- $28 / 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 $2,142 $254,100 $242,300 $11,800
2022 $1,314 $110,100 $27,000 $83,100
2021 $1,292 $110,100 $27,000 $83,100
2020 $1,277 $110,100 $27,000 $83,100
2019 $1,246 $110,100 $27,000 $83,100
2018 $862 $54,500 $15,000 $39,500
2017 $831 $54,500 $15,000 $39,500
2016 $812 $54,500 $15,000 $39,500
2015 $789 $54,500 $15,000 $39,500
2014 $778 $58,900 $15,000 $43,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 2129625

Canopy MLS (Canopy Realtor® Association)

APN: 145-017-04