NOT LISTED FOR SALE

Estimated Value: $253,000 - $288,374

8 Beds
4 Baths
3,029 Sq Ft
$91/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $180,000 $59 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,925/month

Highlights

  • Brick Veneer
  • Forced Air Heating and Cooling System
  • Carpet
  • Outdoor Storage
  • Storm Doors

About This Home

As of May 2020

Very nice fourplex on main street in Hope Mills. Each unit is 2 bedroom, 1 bath with living room, kitchen dining that includes range, refrigerator, washer/dryer connections, central hvac, small storage rooms on outside with parking in rear. All units are currently tenant occupied.

Last Agent to Sell the Property

L.D. JONES

HOBGOOD JONES AND ASSOCIATES REAL ESTATE License #19501 Listed on: 04/20/2020

Last Buyer's Agent

TAMMY BARRY

ALL ABOUT HOMES License #165046

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,859

Year Built

  • Built in 1968

Home Design

  • Quadruplex
  • Brick Veneer
  • Frame Construction

Interior Spaces

  • 3,029 Sq Ft Home
  • Blinds
  • Carpet
  • Laundry in unit

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Storage

Schools

  • Ed V. Baldwin Elementary School
  • Hope Mills Middle School
  • South View Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Community Details

  • 4 Units
  • Hope Mills Subdivision

Listing and Financial Details

  • The owner pays for grounds care
  • Assessor Parcel Number 0414-63-6169

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,859

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Multi Family
  • Road Surface Type: Paved
  • Ownership: More than a year
  • Subdivision Name: HOPE MILLS
  • Directions: On main street in Hope Mills between lake and Hwy 301
  • Structure Type: Apartment
  • Year Built: 1968
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Owner Pays: Grounds Care
  • Door Features: Storm Door(s)
  • Flooring: Carpet
  • Interior Amenities: Storage, Window Treatments
  • Living Area: 3029.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Brick Veneer, Frame
  • Exterior Features: Storage

Utilities

  • Laundry Features: In Unit
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Ed V. Baldwin Elementary
  • High School: South View Senior High
  • Middle Or Junior School: Hope Mills Middle School

Lot Info

  • Parcel #: 0414-63-6169
  • Zoning Description: R6 - 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
Apr 20, 2020
Closed on
May 29, 2020
Sold by
Hobgood Family Property Llc
Bought by
Archbold Daniela M
Seller's Agent
L.D. JONES
HOBGOOD JONES AND ASSOCIATES REAL ESTATE
Buyer's Agent
TAMMY BARRY
ALL ABOUT HOMES
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$274,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,594
Avg. Annual Appreciation
8.07%
Original Mortgage
$164,268
Outstanding Balance
$145,882
Interest Rate
3.3%
Mortgage Type
VA
Estimated Equity
$128,712

Purchase Details

Closed on
Feb 25, 2020
Sold by
Hobgood Linwood T and Hobgood Ann
Bought by
Hobgood Family Property Llc

Purchase Details

Closed on
Nov 25, 2019
Sold by
The Estate Of Sue Hobgood Phillips
Bought by
Hobgood Linwood T and Hobgood George Samuel
Source: Public Records

Range of Values:

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Average Value
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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
Archbold Daniela M $180,000 None Available
Hobgood Family Property Llc -- None Available
Hobgood Linwood T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archbold Daniela M $164,268
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $180,000 0.0% $59 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $180,000 -- $59 / 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 $5,859 $152,096 $7,500 $144,596
2023 $3,758 $152,096 $7,500 $144,596
2022 $3,270 $152,096 $7,500 $144,596
2021 $3,145 $152,096 $7,500 $144,596
2019 $3,006 $135,500 $7,500 $128,000
2018 $2,910 $135,500 $7,500 $128,000
2017 $3,006 $135,500 $7,500 $128,000
2016 $2,808 $136,300 $7,313 $128,987
2015 $2,904 $136,300 $7,313 $128,987
2014 $2,904 $136,300 $7,313 $128,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 630637

Longleaf Pine REALTORS®

APN: 0414-63-6169