NOT LISTED FOR SALE

Estimated Value: $448,000 - $531,000

-- Bed
4 Baths
2,775 Sq Ft
$182/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $500,000 $180 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,033/month

5 Days on Market

Highlights

  • 0.32 Acre Lot
  • Colonial Architecture
  • Main Floor Bedroom
  • Open Floorplan
  • Deck
  • Combination Kitchen and Living

About This Home

As of August 2024

Don't miss the opportunity to own this well-maintained, turn-key multi-family property in Boxwood. This property was renovated extensively by the current owner upon purchase in 2014. The property features two 2-bedroom apartments, one bonus room with full bathroom and wet bar, and a separate storage room/office with a wall AC unit. The units are set up for separate utilities and include off-street parking. All units have washers & dryers and low-maintenance ceramic tile flooring throughout. The first floor, 2-bedroom apartment has 9' ceilings and is handicapped accessible with an entrance ramp, roll-in shower (plus tub), lowered light switches. and wide doorways. This property shows beautifully - it is rare to find a multi-family property in such excellent condition. - even the basement is impressive with recessed lighting, a sink and toilet. This property would be amazing for an owner-occupant with income property, or for an investor looking for rental income with no renovations required.

Last Agent to Sell the Property

Mike Porro

Long & Foster Real Estate, Inc. License #R1-0001780 Listed on: 07/27/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jack Keating

RE/MAX Elite License #R3-0010278

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,982

Year Built

  • Built in 1930

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100.10 x 142.00

Parking

  • Parking Lot

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 2,775 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Combination Kitchen and Living
  • Partial Basement
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Dishwasher

Accessible Home Design

  • Halls are 36 inches wide or more
  • Lowered Light Switches
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Ramp on the main level

Outdoor Features

  • Deck
  • Shed
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • Boxwood Subdivision

Listing and Financial Details

  • Tax Lot 187
  • Assessor Parcel Number 07-042.40-187

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,982

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Accessible Switches/Outlets, Ramp - Main Level, 32"+ Wide Doors, 2+ Access Exits, 36"+ Wide Halls
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-07-27
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: Don't miss the opportunity to own this well-maintained, turn-key multi-family property in Boxwood. This property was renovated extensively by the current owner upon purchase in 2014. The property features two 2-bedroom apartments, one bonus room with full bathroom and wet bar, and a separate storage room/office with a wall AC unit. The units are set up for separate utilities and include off-street parking. All units have washers & dryers and low-maintenance ceramic tile flooring throughout. The first floor, 2-bedroom apartment has 9' ceilings and is handicapped accessible with an entrance ramp, roll-in shower (plus tub), lowered light switches. and wide doorways. This property shows beautifully - it is rare to find a multi-family property in such excellent condition. - even the basement is impressive with recessed lighting, a sink and toilet. This property would be amazing for an owner-occupant with income property, or for an investor looking for rental income with no renovations required.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater, Water Heater - Tankless
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Recessed Lighting
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2775
  • Living Area Sq Ft: 2775
  • Price Per Sq Ft: 194.23
  • Above Grade Finished Sq Ft: 2775
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 301

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Vinyl Siding, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.32
  • Lot Dimensions: 100.10 x 142.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13939.00
  • Outdoor Living Structures: Porch(es), Deck(s), Wrap Around
  • Year Assessed: 2022
  • Zoning: NC5
  • In City Limits: No

Rental Info

  • Number Of Units Month To Month: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 2235.00
  • Tax Annual Amount: 2982.00
  • Assessor Parcel Number: 07-042.40-187
  • Tax Lot: 187
  • Tax Total Finished Sq Ft: 2775
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/14/2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2024
Closed on
Aug 14, 2024
Sold by
Clark Contracting Company Inc
Bought by
Seven Lakes Properties Llc
Seller's Agent
Mike Porro
Long & Foster Real Estate, Inc.
Buyer's Agent
Jack Keating
RE/MAX Elite
List Price
$539,000
Sold Price
$500,000
Premium/Discount to List
-$39,000
-7.24%
Views
51
Current Estimated Value
$504,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,213
Avg. Annual Appreciation
0.81%

Purchase Details

Listed on
Oct 31, 2013
Closed on
Jun 27, 2014
Sold by
Hall Stella B and Riello Emilia
Bought by
Clark Contracting Company Inc
Seller's Agent
Jeff Stape
Compass
Buyer's Agent
Mike Porro
Long & Foster Real Estate, Inc.
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.43%
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
Seven Lakes Properties Llc -- None Listed On Document
Clark Contracting Company Inc $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Contracting Company Inc $190,000
Previous Owner Clark Contracting Company Inc $145,000
Previous Owner Belardinelli Pedro $10,000
Previous Owner Belardinelli Pedro $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $500,000 -7.2% $180 / Sq Ft
08/03/2024 08/03/24 Off Market $539,000 -- --
08/02/2024 08/02/24 Pending -- -- --
07/27/2024 07/27/24 For Sale $539,000 +498.9% $194 / Sq Ft
06/27/2014 06/27/14 Sold $90,000 -9.9% $35 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $99,900 0.0% $39 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
11/19/2013 11/19/13 For Sale $99,900 0.0% $39 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
10/31/2013 10/31/13 For Sale $99,900 -- $39 / Sq Ft
Source: Bright 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
2024 $3,429 $90,400 $9,900 $80,500
2023 $3,429 $90,400 $9,900 $80,500
2022 $3,055 $90,400 $9,900 $80,500
2021 $3,053 $90,400 $9,900 $80,500
2020 $3,061 $90,400 $9,900 $80,500
2019 $3,156 $90,400 $9,900 $80,500
2018 $2,998 $90,400 $9,900 $80,500
2017 $2,963 $90,400 $9,900 $80,500
2016 $2,828 $90,400 $9,900 $80,500
2015 $2,107 $90,400 $9,900 $80,500
2014 $1,939 $71,800 $9,900 $61,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2064106

Bright MLS

APN: 07-042.40-187