NOT LISTED FOR SALE

Estimated Value: $181,000 - $358,000

8 Beds
4 Baths
2,884 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $75,000 $26 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $1,458/month

231 Days on Market

Highlights

  • 1.61 Acre Lot
  • Wood Flooring
  • Forced Air Heating System
  • Kernersville Middle Rated 9+
  • No HOA
  • Laundry Facilities

About This Home

As of August 2015

There are 4 units in this complex. One on the second level, two units on the main level, and one more unit on the basement level. One unit has almost 1500 sq. ft. Being sold "As Is" Income analysis available from listing agent upon request. Owner pays all utilities.

Last Agent to Sell the Property

Lynn Christensen

Berkshire Hathaway HomeServices Yost & Little Realty License #55961 Listed on: 12/16/2014

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Tabitha Westmoreland

RE/MAX Preferred Properties License #209762

RE/MAX Preferred Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $790

Year Built

  • Built in 1950

Lot Details

  • 1.61 Acre Lot
  • Lot Dimensions are 176.11 x 220.47 x 330.43 x 207.14 x 183.02

Parking

  • Carport

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6886946364
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2,884 Sq Ft Building

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$790

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.61
  • Lot Size: 176.11 x 220.47 x 330.43 x 207.14 x 183.02
  • Directions: Business 40 E to Kernersville, bear left on Colfax exit (just past Hwy 66 exit); go to traffic circle and bear right onto Graves Street, the Right onto Berry Garden Rd. Go to end of Berry Garden Rd., property on left.
  • Building Stories: 2
  • Year Built: 1950
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate, Wood
  • TRIADMLS_ApproxSqFtRange: 2500 - 3100
  • TRIADMLS_Storage: Common Storage Area

Exterior Features

  • Construction Type: Block
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Common Area, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 6886946364
  • Zoning: RM18
  • TRIADMLS_PricePerAcre: 46583.8509
  • TRIADMLS_PlatPage: 189
  • TRIADMLS_DeedPage: 1061
  • TRIADMLS_DeedBook: 2009
  • TRIADMLS_PlatBook: 60

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Furnished: None
  • Number Of Units Leased: 4

Tax Info

  • Tax Annual Amount: 790.21
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.8318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2014
Closed on
Aug 27, 2015
Sold by
Lefever George Wyatt and Lefever Dolores K
Bought by
Graham James E and Graham Carolyn C
Seller's Agent
Lynn Christensen
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Tabitha Westmoreland
RE/MAX Preferred Properties
List Price
$99,000
Sold Price
$75,000
Premium/Discount to List
-$24,000
-24.24%
Current Estimated Value
$263,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,093
Avg. Annual Appreciation
13.15%
Original Mortgage
$45,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
Lefever Randall W and Lefever Karen I
Bought by
Lefever Properties Of Kernersville Llc

Purchase Details

Closed on
May 12, 2005
Sold by
Dickson Patricia Ann
Bought by
Lefever Randall W and Lefever Karen I
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
Graham James E $75,000 Attorney
Lefever Properties Of Kernersville Llc $500 --
Lefever Randall W $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Graham James E $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $75,000 -24.2% $26 / Sq Ft
08/05/2015 08/05/15 Pending -- -- --
12/16/2014 12/16/14 For Sale $99,000 -- $34 / Sq Ft
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 $933 $148,800 $78,100 $70,700
2024 $933 $113,500 $66,100 $47,400
2023 $933 $113,500 $66,100 $47,400
2022 $933 $113,500 $66,100 $47,400
2021 $933 $113,500 $66,100 $47,400
2020 $871 $97,800 $58,400 $39,400
2019 $881 $97,800 $58,400 $39,400
2018 $848 $97,800 $58,400 $39,400
2016 $818 $95,002 $74,351 $20,651
2015 $818 $95,002 $74,351 $20,651
2014 $790 $95,002 $74,351 $20,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 726524

Triad MLS

APN: 6886-94-6364