NOT LISTED FOR SALE

2870 Fay Jones Rd Denver, NC 28037

Estimated Value: $522,000 - $650,112

6 Beds
6 Baths
2,962 Sq Ft
$197/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $520,000 $176 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,369/month

55 Days on Market

Highlights

  • New Construction
  • Transitional Architecture
  • Breakfast Room
  • North Lincoln Middle School Rated A-
  • Great Room
  • 2 Car Attached Garage

About This Home

As of February 2024

Tucked away in peaceful area but minutes from Denver and Lincolnton. 2-3bdrm townhouse units in one building for sale! Each 3 bed/2.5 bath home features a living room, an open concept kitchen, a half bath on the main level, and 3 bedrooms with a 2 full bath upstairs. Natural lighting fills the home throughout. Great investment potential to live in one side and rent the other. The finished kitchen offers white cabinets, granite countertops, stainless steel appliances, bar seating, and dining area. Great location with gorgeous finishing through out. Large flat lot!

Last Agent to Sell the Property

Cherie Loftin

Howard Hanna Allen Tate Mooresville/LKN Brokerage Email: cherie.loftin@allentate.com License #249987 Listed on: 12/07/2023

Howard Hanna Allen Tate Mooresville/LKN

Last Buyer's Agent

Taylor Brown

Keller Williams Ballantyne Area License #350199

Keller Williams Ballantyne Area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,424

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,962 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Great Room
  • Breakfast Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all except water
  • Assessor Parcel Number 90331

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,424

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Transitional
  • Year Built: 2023
  • Road Surface Type: Concrete, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: Low
  • Attribution Contact: cherie.loftin@allentate.com
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Laminate
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Breakfast,Great Room,Laundry
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 2962
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2962
  • Building Stories: 2
  • Window Features: Insulated Window(s)

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Upper Level
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.85
  • Lot Size Units: Acres
  • Parcel Number: 90331
  • Plat Reference Section Pages: 329
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-T

Rental Info

  • Tenant Pays: All except water
  • 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

Closed on
Mar 18, 2022
Sold by
Ryan Hoke James and Lynn Julie
Bought by
Koli Propertics Llc
Current Estimated Value
$583,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$231,822
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$351,706

Purchase Details

Closed on
Jul 1, 2014
Sold by
Gregory Dorothy Hoke
Bought by
Hoke James Ryan
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 Buyer Sale Price Title Company
Koli Propertics Llc $160 None Listed On Document
Hoke James Ryan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koli Propertics Llc $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $520,000 -1.9% $176 / Sq Ft
12/07/2023 12/07/23 For Sale $530,000 -- $179 / 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
2025 $3,424 $511,992 $39,046 $472,946
2024 $3,343 $511,992 $39,046 $472,946
2023 $188 $31,046 $31,046 $0
2022 $266 $36,060 $36,060 $0
2021 $266 $36,060 $36,060 $0
2020 $259 $36,060 $36,060 $0
2019 $251 $36,060 $36,060 $0
2018 $257 $36,242 $36,242 $0
2017 $257 $36,242 $36,242 $0
2016 $257 $0 $0 $0
2015 $251 $36,242 $36,242 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4092472

Canopy MLS (Canopy Realtor® Association)

APN: 90331