NOT LISTED FOR SALE

405 15th St Cramerton, NC 28032

4 Beds
4 Baths
1,968 Sq Ft
6,534 Sq Ft Lot

Last Sold April 11, 2022

Last sale price $415,000 $211 Per Sq Ft

58 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Laundry Room
  • Cramerton Middle School Rated A-
  • Living Room
  • Level Lot

About This Home

As of April 2022

Two sets of duplexes offering 4 units with just under 500 SF each, with 1BR 1BA kitchen and living room located on quiet dead end street in Cramerton. New paint, updated kitchen cabinets and countertops , updated flooring in kitchen and bathrooms. Back porches added for units A&B. Updated Vinyl siding. Updated Vinyl windows.
City water, sewer, each unit is heated by a gas wall unit, cooled by window unit, has stove, refrigerator, hardwood flooring. Back fencing is on the property line. Units are presently tenant occupied and have roughly 6 months left one their lease. The monthly Net Revenue is $3037. Units B and D are leased below market rate. Those units have been leased by long-time tenants. Market rates are roughly $825 - $850/month. A copy of the P&L is included in the attachments. No Showings will be allowed until the property is under contract. A free look period will be provided once a contract is accepted. PLEASE DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Steve Mueller

EXP Realty LLC Ballantyne License #71366 Listed on: 02/12/2022

EXP Realty LLC Ballantyne

Last Buyer's Agent

Ashley Bell

New Pointe Realty License #318375

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 133x50x136x48
  • Level Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,968 Sq Ft Home
  • Living Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Deck

Schools

  • New Hope Elementary School
  • Cramerton Middle School
  • Stuart W Cramer High School

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance
  • Assessor Parcel Number 194850

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Year Built: 1964
  • Ratio Current Price By Acre: 2766666.67
  • Road Surface Type: Gravel
  • Structure Type: Duplex
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Fixture Exception Yn: 0
  • Porch: Deck
  • Room Other: Bathroom(s),Bedroom(s),Kitchen,Living Room
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 1968
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1
  • Total Sq Ft: 492
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1
  • Total Sq Ft: 492
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Sq Ft: 492
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Sq Ft: 492
  • Half Bathrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Cramerton
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 4
  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Gas Hot Air Furnace, Window Unit(s)
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Parcel Number: 194850
  • Lot Size: 133x50x136x48
  • Zoning Description: RMF

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Tax Info

  • RATIO List Price By Tax Amount: 3.09767

Multi Family

  • Number Of Units Total: 4
  • Unit Count: 4

MLS Schools

  • Elementary School: New Hope
  • High School: Stuart W Cramer

Range of Values:

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Sold Price
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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 Change Sq Ft Price
04/11/2022 04/11/22 Sold $415,000 -5.7% $211 / Sq Ft
02/18/2022 02/18/22 Price Changed $439,900 -12.0% $224 / Sq Ft
02/12/2022 02/12/22 For Sale $499,900 +197.6% $254 / Sq Ft
11/26/2018 11/26/18 Sold $168,000 +2.1% $85 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/16/2018 10/16/18 For Sale $164,500 -- $84 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Mueller

    Seller's Agent in 2022

    Steve Mueller

    EXP Realty LLC Ballantyne

    (704) 984-1894

    159 Total Sales

    Steve Mueller
    Section Image
  • Ashley Bell

    Buyer's Agent in 2022

    Ashley Bell

    New Pointe Realty

    (704) 604-8701

    19 Total Sales

    Section Image
  • Debbie Pope

    Seller's Agent in 2018

    Debbie Pope

    Century 21 Town & Country Rlty

    (704) 472-9238

    182 Total Sales

    Debbie Pope
    Section Image

  • J

    Buyer's Agent in 2018

    J. Vaughn Klutts

    Klutts Property Management Inc

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3829212

Canopy MLS (Canopy Realtor® Association)

North Carolina Gaston County Cramerton 28032

405 15th St, Cramerton, NC

This home is located at 405 15th St, Cramerton, NC 28032 since 12 February 2022. This property was built in 1964. 405 15th St is a home located in Gaston County with nearby schools including New Hope Elementary School, Cramerton Middle School, and Forestview High School.

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