NOT LISTED FOR SALE
16 Beds
20 Baths
3,134 Sq Ft
1.1 Acres

Last Sold February 01, 2024

Last sale price $550,000 $175 Per Sq Ft

238 Days on Market

Highlights

  • Hilly Lot
  • Wooded Lot
  • Laundry Room
  • W.M. Jenkins Elementary School Rated A-
  • Living Room
  • Four Sided Brick Exterior Elevation

About This Home

As of February 2024

Attention Investors! TOTAL of 8 units. Convenience! Location! off close to I-40, HWY 70 and HWY 127. One quadplex building has upper units and downstairs units. The other quadplex is a one-level building. 4 units are currently rented, and $675 per unit. The other four will need renovation before tenants can move in. ***DO NOT DISTURB TENANTS. ***

Last Agent to Sell the Property

Elizabeth Thao

EXP Realty LLC Mooresville Brokerage Email: ethao82@gmail.com License #287126 Listed on: 04/24/2023

EXP Realty LLC Mooresville

Last Buyer's Agent

Tyler Wilcox

EXP Realty LLC Mooresville License #319535

EXP Realty LLC Mooresville

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • Hilly Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3,134 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 20 Full Bathrooms

Schools

  • Oakwood Elementary School
  • Northview Middle School
  • Hickory High School

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for all utilities, electricity, water
  • The owner pays for - see remarks
  • Assessor Parcel Number 3702128714720000

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Eightplex
  • Architectural Style: Other
  • Year Built: 1961
  • Special Assessment Description: n/a
  • Proposed Special Assessment Desc: n/a
  • Road Surface Type: Concrete, Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Property Sub Type Additional: Other
  • Geocode Confidence: Medium
  • Attribution Contact: ethao82@gmail.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space, Slab, Other - See Remarks
  • Room Other: Bedroom(s),Bathroom(s),Kitchen,Living Room,Laundry
  • Appliances: Other
  • Owner Pays: Other - See Remarks
  • Basement YN: No
  • Full Bathrooms: 20
  • Total Bedrooms: 16
  • Living Area: 3134
  • Building Stories: 2

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Space(s), Other - See Remarks

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Other - See Remarks
  • Cooling: None
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Hilly, Wooded, Other - See Remarks
  • Lot Size Units: Acres
  • Parcel Number: 3702128714720000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-4

Rental Info

  • Tenant Pays: All Utilities, Electricity, Water, Other
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Oakwood
  • High School: Hickory

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $550,000 -15.4% $175 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $650,000 -10.3% $207 / Sq Ft
07/21/2023 07/21/23 Price Changed $725,000 -3.3% $231 / Sq Ft
04/24/2023 04/24/23 For Sale $750,000 -- $239 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4023712

Canopy MLS (Canopy Realtor® Association)

APN: 3702-12-87-1472