$470,000
SOLD JUL 25, 2024
-- Bed
-- Bath
1,296 Sq Ft
0.5 Acres

Recently Sold

$363 Per Sq Ft

9% Below List Price

3 Days on Market

Highlights

  • Porch
  • Central Air
  • Heat Pump System
  • Bathtub with Shower

About This Home

As of July 2024

INCREDIBLE DEAL! CASHFLOW ALERT!! 2 Duplex units - 337, 339, 343 and 345 D St. 8 beds, 4 baths (all units 2/1, approx. 650sq’ each). Fully fenced property, with individually fenced units. 7 min drive to base and centrally located to all shopping, dining, and amenities. 100% occupied with excellent tenants (at time of listing), with stabilized rents, steadily increased YoY (gross rental income of $4,340 per month, as of listing posting, with one lease ending in July). Each unit was Fully renovated in 2022-2023 has appliances, washer and dryerand two parking spaces,. Enjoy the peace of mind, this truly passive investment property provides. OPPORTUNITY for VA Loan ($0 Money down; owner occupied) financing. Live in one and let your 3 tenants pay for everything! ***One vacant available unit for showing****TENANTS ARE NOT TO BE DISTURBED***

Last Agent to Sell the Property

Nicky Adams

VYLLA HOME License #190879 Listed on: 06/05/2024

VYLLA HOME

Last Buyer's Agent

GARLINDA PRICE

FUSION PROPERTIES License #265502

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1973

Lot Details

  • Street terminates at a dead end
  • Back Yard Fenced

Home Design

  • Duplex
  • Masonite

Outdoor Features

  • Porch
  • Stoop

Schools

  • Manchester Elementary School
  • Spring Lake Middle School
  • Pine Forest Senior High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Additional Features

  • Laminate Flooring
  • Bathtub with Shower
  • Laundry in unit

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0511-18-3451

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,571

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi Family
  • Ownership: More than a year
  • Subdivision Name: NONE
  • Directions: Take NC-210N/Murchison Rd, continue straight onto NC- 210N/Murchison Rd, Turn Left onto Lake Ave, Turn Left on S 3rd St, Turn Right onto Spring Ave, Turn Left onto N Grogg St, Turn Left onto C St, Turn Left onto D St. Duplexes are located pass the white privacy fence.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1973
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Interior Amenities: Other, See Remarks, Tub Shower

Exterior Features

  • Fencing: Back Yard, Privacy, Yard Fenced
  • Lot Features: Dead End
  • Construction Type: Masonite
  • Exterior Features: Fence, Porch
  • Patio And Porch Features: Stoop

Utilities

  • Laundry Features: In Unit
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Schools

  • Elementary School: Manchester Elementary
  • High School: Pine Forest Senior High
  • Middle Or Junior School: Spring Lake Middle School

Lot Info

  • Parcel #: 0511-18-3451
  • Zoning Description: R5A - Residential District

Multi Family

  • Number Of Units Total: 4
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 10, 2024
Sold by
Lopez Sammy and Lopez Katie
Bought by
Adkins-Shaw Calvin and Shaw Jonathan
Seller's Agent
Nicky Adams
VYLLA HOME
Buyer's Agent
GARLINDA PRICE
FUSION PROPERTIES
List Price
$515,000
Sold Price
$470,000
Premium/Discount to List
-$45,000
-8.74%
Views
5
Current Estimated Value
$447,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,313
Avg. Annual Appreciation
-5.26%
Original Mortgage
$352,500
Outstanding Balance
$349,812
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$97,875

Purchase Details

Listed on
Jul 12, 2021
Closed on
Aug 19, 2021
Sold by
337 D Street Land Trust
Bought by
Lopez Sammy
Seller's Agent
Jennifer Blanton
FATHOM REALTY NC, LLC FAY.
Buyer's Agent
KIMBERLY PRUITT
DUMMY OFFICE
List Price
$130,000
Sold Price
$135,000
Premium/Discount to List
$5,000
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.75%

Purchase Details

Closed on
Dec 21, 2017
Sold by
Anderson Mattie Y Potts
Bought by
337 D Street Land Trust and Jamison Amy
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 Type Sale Price Title Company
Warranty Deed $470,000 None Listed On Document
Warranty Deed $135,000 None Available
Warranty Deed $90,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,500 New Conventional
Previous Owner $297,500 New Conventional
Previous Owner $102,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $470,000 -8.7% $363 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $515,000 +281.5% $397 / Sq Ft
08/31/2021 08/31/21 Sold $135,000 +3.8% $52 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $130,000 -- $50 / Sq Ft
Source: Longleaf Pine REALTORS®

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
2024 $3,571 $121,977 $6,500 $115,477
2023 $3,571 $128,407 $6,500 $121,907
2022 $3,186 $128,407 $6,500 $121,907
2021 $3,186 $128,407 $6,500 $121,907
2019 $6,217 $128,191 $6,500 $121,691
2018 $3,141 $129,339 $6,500 $122,839
2017 $3,141 $129,339 $6,500 $122,839
2016 $3,114 $132,761 $6,500 $126,261
2015 $3,114 $132,761 $6,500 $126,261
2014 $3,114 $132,761 $6,500 $126,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 726747

Longleaf Pine REALTORS®

APN: 0511-18-3451