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

Sale Details

Date Sold: February 1, 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

1.1 Acres

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Bought by

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jan 22, 2024
Sold by
Bought by
Seller's Agent
Elizabeth Thao
EXP Realty LLC Mooresville
Buyer's Agent
Tyler Wilcox
EXP Realty LLC Mooresville
List Price
$750,000
Sold Price
$550,000
Premium/Discount to List
-$200,000
-26.67%
Views
528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
0.0661%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1985
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
$550,000 None Listed On Document
$235,000 None Available
$150,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $328,000
Closed $400,000
Previous Owner $550,000
Previous Owner $262,500
Previous Owner $20,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,446 $146,000 $12,800 $133,200
2024 $2,446 $286,600 $15,400 $271,200
2023 $2,446 $286,600 $15,400 $271,200
2022 $2,529 $210,300 $15,400 $194,900
2021 $2,529 $210,300 $15,400 $194,900
2020 $2,445 $210,300 $0 $0
2019 $2,445 $210,300 $0 $0
2018 $2,615 $229,100 $14,900 $214,200
2017 $2,615 $0 $0 $0
2016 $2,617 $0 $0 $0
2015 $2,290 $229,300 $15,100 $214,200
2014 $2,290 $222,300 $16,600 $205,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 4023712

Canopy MLS

APN: 3702-12-87-1472

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