NOT LISTED FOR SALE

306 Orchard St Mount Airy, NC 27030

Estimated Value: $147,000 - $177,000

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold March 15, 2024

Last sale price $152,000

Est. 5% increase in value since last sale

Current estimated payment $897/month

18 Days on Market

Highlights

  • No HOA
  • Mount Airy Middle School Rated 9+
  • Forced Air Heating System

About This Home

As of March 2024

All brick duplex in the heart of Mount Airy just across from Mount Airy High School! Currently rented by long term renters at $600 a side. Each side has two beds and one bath. Each unit metered separately. These dont come available very often!

Last Agent to Sell the Property

Erik Bruce

Foothill Homes and Land LLC License #305592 Listed on: 01/04/2024

Last Buyer's Agent

Sharon Robertson

Grae Tree Realty LLC License #290905

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $629

Year Built

  • Built in 1954

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Duplex

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 502007583831
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$629

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Directions: From Lebanon St go South on North South St approx 1/4 mi. Orchard St is across from Mount Airy High School, property is on left
  • Year Built: 1954
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: Yes

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Forced Air, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 502007583831
  • Zoning: r6
  • TRIADMLS_PricePerAcre: 950000
  • TRIADMLS_DeedPage: 1064
  • TRIADMLS_DeedBook: 1815
  • TRIADMLS_AcresRange: 0 - 0

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 629
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Mar 15, 2024
Sold by
Alexander Charles Matthew
Bought by
Lambert James B and Lambert Shawna J
Seller's Agent
Erik Bruce
Foothill Homes and Land LLC
Buyer's Agent
Sharon Robertson
Grae Tree Realty LLC
List Price
$152,000
Sold Price
$152,000
Views
63
Current Estimated Value
$160,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,037
Avg. Annual Appreciation
3.27%
Original Mortgage
$106,400
Outstanding Balance
$103,878
Interest Rate
5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$56,159

Purchase Details

Closed on
May 27, 2022
Sold by
Cail Alene C and Cail William C
Bought by
Alexander Charles Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2007
Sold by
The Holder Family Lp
Bought by
Cail Alene C

Purchase Details

Closed on
Jun 1, 1998
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
Lambert James B $152,000 None Listed On Document
Alexander Charles Matthew $110,000 Faw Folger & Johnson Pc
Cail Alene C $230,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert James B $106,400
Previous Owner Alexander Charles Matthew $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $152,000 0.0% --
01/23/2024 01/23/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $152,000 -- --
Source: Triad 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
2025 $690 $98,460 $11,550 $86,910
2024 $638 $86,140 $11,000 $75,140
2023 $451 $81,750 $11,000 $70,750
2022 $546 $81,750 $11,000 $70,750
2021 $554 $68,920 $11,000 $57,920
2020 $576 $70,300 $11,000 $59,300
2019 $570 $70,300 $11,000 $59,300
2018 $562 $70,300 $0 $0
2017 $564 $70,300 $0 $0
2016 $557 $70,300 $0 $0
2013 -- $70,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1129100

Triad MLS

APN: 5020-07-58-3831