$434,900
$64K PRICE DROP

316 N Government St Lincolnton, NC 28092

Estimated payment $2,642/month

Total Views 23,373
5 Beds
5 Baths
3,380 Sq Ft
$129 Price per Sq Ft

Highlights

  • Lawn
  • Living Room
  • Dining Room
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

Fully occupied, Apartment A, 2 levels 2 bedrooms, 1.5 bathrooms $950.00 / month. This is approximately 1453 S.F.
Apartment B, 2 levels, 2 bedrooms, 1.5 bathrooms $1025.00 per month. This is approximately 1347 S.F.
Apartment C, 1 level, 1 bedroom, 1 bathroom $800.00 per month. This is approximately 580 S.F
Shared laundry room, owner pays for the water, parking lot light is also owner paid, combined amount is around $35.00 per month. Apartment C pays for the water for laundry room, they get a $25.00 credit per month.
The roof was replaced 2 years ago, also the crawl space was encapsulated to keep it all dry. This building is in great shape, income producing and stable.
This is a great place, tenants are really happy to be there and pay on time monthly.
Lincolnton is a growing area, great places to shop, dine out and just enjoy.
Please let me know if you have any questions or want to set up any appointments to view the apartments.

Listing Agent

Eric Governale

Governale Realty Brokerage Email: governalerealty@bellsouth.net License #240609 Listed on: 10/24/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,156

Year Built

  • Built in 1900

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,380 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Linoleum Flooring
  • Electric Oven

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • French Drain
  • Dirt Floor
  • Crawl Space

Parking

  • 5 Parking Garage Spaces
  • Driveway
  • 5 Open Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Lawn

Listing and Financial Details

  • The owner pays for exterior maintenance
  • Assessor Parcel Number 17914

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,156

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1900
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Property Sub Type Additional: Other
  • Geocode Confidence: High
  • Attribution Contact: governalerealty@bellsouth.net
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Carpet, Linoleum
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room,Dining Room,Dining Area,Den
  • Appliances: Electric Oven, Refrigerator
  • Owner Pays: Exterior Maintenance
  • Above Grade Finished Sq Ft: 3380
  • Has Basement: Dirt Floor, French Drain
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 3380
  • Building Stories: 2

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Parking Features: Driveway
  • Assigned Spaces: 5

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Common Area
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.49
  • Lot Size Units: Acres
  • Parcel Number: 17914
  • Lot Size: 105Rx204x105x204
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-O

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,156 $373,948 $27,000 $346,948
2024 $4,096 $373,948 $27,000 $346,948
2023 $4,081 $373,948 $27,000 $346,948
2022 $2,585 $190,026 $18,000 $172,026
2021 $2,585 $190,026 $18,000 $172,026
2020 $2,202 $190,026 $18,000 $172,026
2019 $2,202 $190,026 $18,000 $172,026
2018 $2,019 $146,544 $32,340 $114,204
2017 $1,711 $114,204 $0 $114,204
2016 $1,711 $146,144 $31,940 $114,204
2015 $1,935 $146,144 $31,940 $114,204
2014 $2,281 $175,531 $31,940 $143,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Price Changed $434,900 -1.2% $129 / Sq Ft
01/28/2025 01/28/25 Price Changed $439,999 -4.1% $130 / Sq Ft
11/22/2024 11/22/24 Price Changed $459,000 -8.0% $136 / Sq Ft
10/24/2024 10/24/24 For Sale $499,000 +66.3% $148 / Sq Ft
12/13/2021 12/13/21 Sold $300,000 -4.7% $89 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $314,900 0.0% $93 / Sq Ft
06/09/2021 06/09/21 Rented $725 0.0% --
06/01/2021 06/01/21 For Rent $725 -6.5% --
01/05/2021 01/05/21 Rented $775 +6.9% --
12/28/2020 12/28/20 For Rent $725 0.0% --
10/30/2020 10/30/20 Rented $725 0.0% --
10/25/2020 10/25/20 For Rent $725 -3.3% --
09/03/2020 09/03/20 Rented $750 +3.4% --
08/25/2020 08/25/20 For Rent $725 -14.7% --
05/08/2020 05/08/20 Rented $850 0.0% --
05/06/2020 05/06/20 For Rent $850 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $300,000 Master Title Agency Llc
Warranty Deed $150,000 None Available
Warranty Deed $135,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,000 Commercial
Previous Owner $127,500 Commercial
Previous Owner $127,800 Commercial
Previous Owner $133,800 Unknown
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4194691

Canopy MLS (Canopy Realtor® Association)

APN: 17914