NOT LISTED FOR SALE

Estimated Value: $408,646 - $476,000

6 Beds
4 Baths
2,750 Sq Ft
$162/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $221,500 $81 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,567/month

21 Days on Market

Highlights

  • No HOA
  • Central Air
  • Carpet
  • Covered Patio or Porch
  • Property is Fully Fenced

About This Home

As of February 2019

Investors Take Note! This fully-occupied cash flowing duplex earns $2150 per month. This property features 2 units that each have the following setup: 3 bedrooms, 2 full baths, a full kitchen and dining room, 2 off-street parking spaces, and a private fully fenced backyard. Tenants in place in both units and would like to stay for the long-term for a new owner.

Last Agent to Sell the Property

Team Archer

Spot Real Estate, LLC Listed on: 01/18/2019

Last Buyer's Agent

Tricia Monteleone

Intracoastal Realty Corp License #286060

Intracoastal Realty Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,480

Year Built

  • Built in 2007

Lot Details

  • 7,588 Sq Ft Lot
  • Lot Dimensions are 69' x 109' x 68' x 109'
  • Property is Fully Fenced
  • Wood Fence

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bathrooms
  • 1.5-Story Property
  • Crawl Space
  • Firewall

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Freeman Elementary School
  • Williston Middle School
  • New Hanover High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R04913-018-049-000

Community Details

Overview

  • No Home Owners Association
  • Pauline Place Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,480

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Firewall, Party Wall, Wood Frame
  • New Construction: No
  • Stories: 1.5
  • Stories Levels: 2nd Floor
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: None
  • List Price per Sq Ft: 79.96
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 6
  • Total Heated Sq Ft: 2750.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Full, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Dishwasher, Microwave - Built-In, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: No

Lot Info

  • Deed Book: 5578
  • Deed Page: 2071.00
  • Lot Acres: 0.17
  • Lot Dimensions: 69' x 109' x 68' x 109'
  • Lot Sq Ft: 7588.00
  • Lot Water Features: None
  • Zoning: R-5

Rental Info

  • Pets: No

Tax Info

  • Tax Identifier: R04913-018-049-000
  • Tax Year: 2018

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Freeman
  • High School: New Hanover
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Feb 28, 2019
Sold by
Cal Rorhman Holdings Llc
Bought by
Monteleone Francesco
Seller's Agent
Team Archer
Spot Real Estate, LLC
Buyer's Agent
Tricia Monteleone
Intracoastal Realty Corp
List Price
$219,900
Sold Price
$221,500
Premium/Discount to List
$1,600
0.73%
Current Estimated Value
$445,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,662
Avg. Annual Appreciation
11.27%
Original Mortgage
$165,000
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Jun 9, 2017
Closed on
Aug 1, 2017
Sold by
Rohrman Calen Phillip
Bought by
Cal Rohrman Holdings Llc
Seller's Agent
Brenda Freckleton
Coldwell Banker Sea Coast Advantage-Leland
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$185,000
Sold Price
$166,500
Premium/Discount to List
-$18,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.66%

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jul 21, 2017
Sold by
Mitchell Mack and Mitchell Althea
Bought by
Rohrman Calen Phillip
Seller's Agent
Brenda Freckleton
Coldwell Banker Sea Coast Advantage-Leland
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$185,000
Sold Price
$166,500
Premium/Discount to List
-$18,500
-10%

Purchase Details

Closed on
Aug 3, 2011
Sold by
Bank Of The Ozarks
Bought by
Mitchell Mack and Mitchell Althea

Purchase Details

Closed on
Nov 10, 2010
Sold by
Fryar Kurt B
Bought by
Bank Of The Ozarks
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
Monteleone Francesco $221,500 None Available
Cal Rohrman Holdings Llc -- None Available
Rohrman Calen Phillip $166,500 None Available
Mitchell Mack -- None Available
Bank Of The Ozarks $612,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monteleone Francesco $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $221,500 +0.7% $81 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $219,900 +32.1% $80 / Sq Ft
07/27/2017 07/27/17 Sold $166,500 -10.0% $61 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $185,000 -- $67 / Sq Ft
Source: Hive 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
2023 $2,480 $285,100 $27,900 $257,200
2022 $2,423 $285,100 $27,900 $257,200
2021 $2,440 $285,100 $27,900 $257,200
2020 $1,507 $143,100 $24,800 $118,300
2019 $1,507 $143,100 $24,800 $118,300
2018 $1,507 $143,100 $24,800 $118,300
2017 $1,507 $143,100 $24,800 $118,300
2016 $1,550 $139,900 $32,000 $107,900
2015 $1,482 $139,900 $32,000 $107,900
2014 $1,419 $139,900 $32,000 $107,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100146656

Hive MLS

APN: R04913-018-049-000