NOT LISTED FOR SALE

401 W Main St Gibsonville, NC 27249

Estimated Value: $69,674 - $105,000

2 Beds
1 Bath
800 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $65,000 $81 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $482/month

12 Days on Market

About This Home

As of December 2023

Amazing opportunity to own a home with an incredible rental history: $685 per month. Lessee is month-to-month at this juncture since expiration of lease on 6/30/2023 so home could be owner occupied if your buyer so chooses; or continue to honor the month-to-month lease arrangement presently in place!

Last Agent to Sell the Property

Bryan Guarnieri

COLDWELL BANKER - HP&W License #299470 Listed on: 11/04/2023

COLDWELL BANKER - HP&W

Last Buyer's Agent

Carol Maddox

Elevation Realty License #270414

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $436

Year Built

  • Built in 1896

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100 x 165 x 84 x 164
  • Property is zoned Rs-12-Residenti

Parking

  • Driveway

Interior Spaces

  • 748 Sq Ft Home
  • 600-800 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Eastern Guilford Middle School
  • Eastern Guilford High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0102672
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$436

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Lot Size: 100 x 165 x 84 x 164
  • Subdivision Name: None
  • Directions: From I-40 W take Exit 138 for NC-61 toward Gibsonville; Sharp right onto NC-61 N; Pass by Dollar General (on the left in 3.2 mi); Turn left onto W Main St; Destination will be on the left.
  • Above Grade Finished Sq Ft: 748
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1896
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 600 - 800
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 748
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: See Remarks
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: See Remarks, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Gibsonville
  • High School: Eastern Guilford
  • Middle Or Junior School: Eastern Guilford

Lot Info

  • Parcel #: 0102672
  • Zoning: Rs-12-Residenti
  • TRIADMLS_PricePerAcre: 185714.2857
  • TRIADMLS_DeedPage: 261
  • TRIADMLS_DeedBook: 7784
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 436
  • Tax Lot: 2
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.0126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
Dec 20, 2023
Sold by
Andrews Properties Of The Carolinas Llc
Bought by
Latour Jonathan Michael and Latour Alisha Michelle
Seller's Agent
Bryan Guarnieri
COLDWELL BANKER - HP&W
Buyer's Agent
Carol Maddox
Elevation Realty
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Views
74
Current Estimated Value
$82,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,169
Avg. Annual Appreciation
17.18%

Purchase Details

Closed on
Feb 11, 2016
Bought by
Andrews Properties Of The Carolinas Llc

Purchase Details

Closed on
Nov 20, 1987
Bought by
Young William S
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
Latour Jonathan Michael $65,000 None Listed On Document
Andrews Properties Of The Carolinas Llc $7,500 --
Young William S $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrews Properties Of The Carolinas Llc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $65,000 -13.2% $108 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/04/2023 11/04/23 For Sale $74,900 -- $125 / Sq Ft
Source: Triad MLS

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 $422 $34,600 $21,000 $13,600
2023 $422 $34,600 $21,000 $13,600
2022 $436 $34,600 $21,000 $13,600
2021 $229 $18,200 $8,400 $9,800
2020 $229 $18,200 $8,400 $9,800
2019 $229 $18,200 $0 $0
2018 $132 $18,200 $0 $0
2017 $132 $18,200 $0 $0
2016 $218 $28,900 $0 $0
2015 $220 $28,900 $0 $0
2014 $223 $28,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1124466

Triad MLS

APN: 0102672