NOT LISTED FOR SALE

302 Martin St Morven, NC 28119

Estimated Value: $88,000 - $139,000

4 Beds
2 Baths
2,809 Sq Ft
$38/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $84,000 $30 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $554/month

31 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Balcony
  • Bonus Room
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of October 2022

Fantastic investment opportunity! Large, two-story home split into an upper unit and a lower unit. Each unit has it's own entrance as well as separate power and water meters. Both units are two bedroom/one bath, and both are currently tenant occupied on a month-to-month basis. Interior pictures are from the downstairs unit. The property is being sold as-is.

Last Agent to Sell the Property

Caty Edwards

Plank Road Realty License #316463 Listed on: 03/30/2022

Last Buyer's Agent

Caty Edwards

Plank Road Realty License #316463 Listed on: 03/30/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • Lot Dimensions are 107x200
  • Corner Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,809 Sq Ft Home
  • Ceiling Fan
  • Bonus Room
  • Crawl Space
  • Electric Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 7400-09-06-9075-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Year Built: 1908
  • Ratio Current Price By Acre: 178723.40
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Structure Type: Duplex
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Linoleum
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Sq Ft Unheated Basement: 0
  • Porch: Back,Balcony,Covered,Deck,Front
  • Room Other: Bed/Bonus,Laundry
  • Appliances: Ceiling Fan(s), Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2809
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2
  • Total Sq Ft: 1569
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2
  • Total Sq Ft: 1240

Exterior Features

  • New Construction: No
  • Tax Location: Morven
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Baseboard, None
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 7400-09-06-9075-00
  • Lot Size: 107x200
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Rent Includes: None
  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 1.44302

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Oct 13, 2022
Sold by
Byron G Carr Llc
Bought by
Jampacproperties Llc
Seller's Agent
Caty Edwards
Plank Road Realty
Buyer's Agent
Caty Edwards
Plank Road Realty
List Price
$89,900
Sold Price
$84,000
Premium/Discount to List
-$5,900
-6.56%
Current Estimated Value
$106,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,562
Avg. Annual Appreciation
7.50%
Original Mortgage
$14,000
Outstanding Balance
$3,515
Interest Rate
6.09%
Estimated Equity
$103,047

Purchase Details

Closed on
Feb 10, 2005
Sold by
Scott Roland J and Alphin Anita Louise
Bought by
Carr Theodore R and Carr Marie T

Purchase Details

Closed on
Jan 19, 2005
Sold by
Scott Ronald J and Alphin Anita Louise
Bought by
Carr Theodore R and Carr Marie T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Jampacproperties Llc $84,000 --
Carr Theodore R $23,000 None Available
Carr Theodore R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jampacproperties Llc $14,000
Open Jampacproperties Llc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $84,000 -6.6% $30 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $89,900 0.0% $32 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $89,900 -- $32 / 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
2024 $8 $62,300 $0 $0
2023 $837 $62,300 $6,400 $55,900
2022 $837 $62,300 $6,400 $55,900
2021 $837 $62,300 $0 $0
2018 $837 $62,300 $0 $0
2017 $823 $60,800 $0 $0
2016 $801 $60,800 $0 $0
2015 $801 $60,800 $0 $0
2011 -- $60,800 $6,400 $54,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3843527

Canopy MLS (Canopy Realtor® Association)

APN: 7400-09-06-9075-00