NOT LISTED FOR SALE

322 E Carter St Lincolnton, NC 28092

Estimated Value: $119,000 - $273,000

2 Beds
2 Baths
1,388 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $45,000 $32 Per Sq Ft

Est. 354% increase in value since last sale

Current estimated payment $1,224/month

91 Days on Market

About This Home

As of October 2020

Great opportunity for investor! Value add opportunity. One unit is currently rented for $375.00 on a month to month basis. Other unit is vacant and available for viewings. Units are need need of work however should be able to obtain market rents when done. Floor in bathroom is soft, be careful while viewing. Property being sold AS IS. UPDATE tenant does have a lease that expires at the end of September.

Last Agent to Sell the Property

Gary Espin

Espin Realty License #229700 Listed on: 03/20/2020

Last Buyer's Agent

Angie Bright

Helen Adams Realty License #282534

Helen Adams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,534

Home Design

  • Duplex
  • Vinyl Siding

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 20590
  • Tax Block 2

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.76271
  • Ratio Close Price By Original Li: 0.60000
  • Ratio Current Price By Acre: 300000.00
  • Ratio Current Price By Sq Ft: 32.42
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Equipment: Electric Range
  • Laundry Location: Main
  • Total Sq Ft: 1388

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Parking: Parking Space - 2

Utilities

  • Heating: Electric Baseboard Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Level
  • Parcel Number: 20590
  • Zoning Specification: R-10

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 62481.00
  • Tax Block: 2
  • Tax Location: Lincoln

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2021
Sold by
Stump Robin G and Stump Roger D
Bought by
Cottage Renovation And Rental Llc
Current Estimated Value
$204,162

Purchase Details

Listed on
Mar 20, 2020
Closed on
Oct 5, 2020
Sold by
Baxter Dina Bowden
Bought by
Stump Robin G and Browning Courtney S
Seller's Agent
Gary Espin
Espin Realty
Buyer's Agent
Angie Bright
Helen Adams Realty
List Price
$65,000
Sold Price
$45,000
Premium/Discount to List
-$20,000
-30.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.98%

Purchase Details

Closed on
Oct 2, 2018
Sold by
Baxter John Mackenzy and Baxter Dina Bowden
Bought by
Baxter Dina Bowden

Purchase Details

Closed on
Aug 24, 2015
Sold by
Welch Donald Edward and Welch Jennifer C
Bought by
Baxter John M and Baxter Dina

Purchase Details

Closed on
Jan 31, 1996
Bought by
Welch Donald Edward
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cottage Renovation And Rental Llc -- None Available
Stump Robin G $45,000 None Available
Baxter Dina Bowden -- None Available
Baxter John M $49,000 None Available
Welch Donald Edward $37,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $45,000 -23.7% $32 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
06/01/2020 06/01/20 Price Changed $59,000 -9.2% $43 / Sq Ft
05/21/2020 05/21/20 For Sale $65,000 0.0% $47 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
04/21/2020 04/21/20 Price Changed $65,000 -13.3% $47 / Sq Ft
03/20/2020 03/20/20 For Sale $75,000 +66.7% $54 / Sq Ft
03/20/2020 03/20/20 Off Market $45,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,949 $167,058 $25,600 $141,458
2024 $1,909 $167,058 $25,600 $141,458
2023 $1,899 $167,058 $25,600 $141,458
2022 $1,120 $75,461 $18,200 $57,261
2021 $956 $62,481 $18,200 $44,281
2020 $724 $62,481 $18,200 $44,281
2019 $724 $62,481 $18,200 $44,281
2018 $786 $49,835 $16,500 $33,335
2017 $584 $49,835 $16,500 $33,335
2016 $584 $49,835 $16,500 $33,335
2015 $744 $49,835 $16,500 $33,335
2014 $948 $67,627 $17,500 $50,127
Source: Public Records

Agents Affiliated with this Home

  • Gary Espin

    Seller's Agent in 2020

    Gary Espin

    Espin Realty

    (704) 241-4404

    128 Total Sales

    Gary Espin
    Section Image

  • A

    Buyer's Agent in 2020

    Angie Bright

    Helen Adams Realty

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3605377

Canopy MLS (Canopy Realtor® Association)

APN: 20590

North Carolina Lincoln County Lincolnton 28092

322 E Carter St, Lincolnton, NC

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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