NOT LISTED FOR SALE

3218 28th Avenue Dr NE Hickory, NC 28601

Estimated Value: $123,114 - $326,000

3 Beds
2 Baths
1,715 Sq Ft
$119/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $143,000 $83 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,156/month

76 Days on Market

About This Home

As of December 2020

MOTIVATED SELLER! Investment property located on Springs Rd in Hickory. These rentals are located near gas, food, shopping, schools and more. Two separate rental homes on 1.22 acres priced below tax value. Looking for a great investment, look no more!

Last Agent to Sell the Property

Stephanie Hefner

EXP Realty LLC Mooresville License #130287 Listed on: 08/10/2020

EXP Realty LLC Mooresville

Co-Listed By

Wendy Axtell

EXP Realty LLC Mooresville License #292752

Last Buyer's Agent

Salina Yang

Mooresville Realty LLC License #310840

Mooresville Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 1.22

Home Design

  • Slab Foundation
  • Vinyl Siding

Additional Features

  • 2 Full Bathrooms
  • Septic Tank

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes water
  • Assessor Parcel Number 372419619132

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.95973
  • Ratio Close Price By Original Li: 0.95973
  • Ratio Current Price By Acre: 117213.11
  • Ratio Current Price By Sq Ft: 83.38
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Equipment: Electric Dryer Hookup, Electric Range, Refrigerator
  • Laundry Location: Main
  • Total Sq Ft: 1715

Exterior Features

  • Construction: Hardboard Siding, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Snow Creek
  • Middle School: H.m. Arndt
  • High School: Unspecified

Lot Info

  • Lot Size Area: 1.220
  • Parcel Number: 372419619132
  • Zoning Specification: R-1

Rental Info

  • Rent Includes: Water
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 161200.00
  • Tax Location: Clines Township

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Dec 4, 2020
Sold by
Hefner Properties Llc
Bought by
Vue Elizabeth
Seller's Agent
Stephanie Hefner
EXP Realty LLC Mooresville
Buyer's Agent
Salina Yang
Mooresville Realty LLC
List Price
$149,000
Sold Price
$143,000
Premium/Discount to List
-$6,000
-4.03%
Current Estimated Value
$204,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,779
Avg. Annual Appreciation
7.94%
Original Mortgage
$56,320
Outstanding Balance
$50,345
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$154,434

Purchase Details

Closed on
Feb 9, 2018
Sold by
Bowman Brian Keith and Bowman Tammy
Bought by
Hefner Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2008
Sold by
Lafone Tony O and Lafone Kay S
Bought by
Bowman Brian Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back
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
Vue Elizabeth $70,500 None Available
Vue Elizabeth $141 None Listed On Document
Hefner Properties Llc $175,000 None Available
Bowman Brian Keith $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vue Elizabeth $56,320
Closed Vue Elizabeth $56,320
Previous Owner Hefner Properties Llc $220,000
Previous Owner Bowman Brian Keith $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $143,000 -4.0% $83 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $149,000 -- $87 / 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
2025 $479 $91,700 $11,600 $80,100
2024 $479 $91,700 $11,600 $80,100
2023 $461 $59,900 $11,600 $48,300
2022 $416 $59,900 $11,600 $48,300
2021 $416 $59,900 $11,600 $48,300
2020 $1,120 $161,200 $105,100 $56,100
2019 $1,120 $161,200 $0 $0
2018 $1,065 $153,200 $98,100 $55,100
2017 $1,065 $0 $0 $0
2016 $1,065 $0 $0 $0
2015 $1,025 $153,200 $98,100 $55,100
2014 $1,025 $170,800 $122,700 $48,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3650356

Canopy MLS (Canopy Realtor® Association)

APN: 3724196191320000