NOT LISTED FOR SALE

407 E King St King, NC 27021

Estimated Value: $202,460

2 Beds
2 Baths
800 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $180,000 $225 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,169/month

86 Days on Market

Highlights

  • No HOA
  • Chestnut Grove Middle Rated 9+
  • Heat Pump System

About This Home

As of October 2022

Three income producing properties conveniently located in the heart of King! Zoned as commercial. All properties have a new roof. At present, properties bring in $1,850.00 in rental income total. 413 E King St currently rents for $700 per month, 411 E King St currently rents for $500 per month, and 409 E King St rents for $650.00 per month. Tax value based on 3 properties together. Shown by appointment only, with minimum of 24 hour notices required. Please do not disturb tenants.

Last Agent to Sell the Property

James Redden

Keller Williams Realty Elite License #205592 Listed on: 06/28/2022

Keller Williams Realty Elite

Last Buyer's Agent

Kim Adams

Berkshire Hathaway HomeServices Carolinas Realty License #312443

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,493

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Property is zoned Commercial

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 690213138597
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,493

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Subdivision Name: None
  • Directions: From E King Street/Old US 52 S, properties are on the right, driveway splits the three properties
  • Above Grade Finished Sq Ft: 728
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 600 - 800
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 728
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 690213138597
  • Zoning: Commercial
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1493
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Oct 18, 2022
Sold by
Foothills Property Group Llc
Bought by
Rogers Darrell and Rogers Amber
Seller's Agent
James Redden
Keller Williams Realty Elite
Buyer's Agent
Kim Adams
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Views
58
Current Estimated Value
$202,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,460
Avg. Annual Appreciation
3.72%
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

Date Buyer Sale Price Title Company
Rogers Darrell $180,000 --
Rogers Darrell $180,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2022 10/18/22 Sold $180,000 -2.7% $300 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $185,000 +60.9% $308 / Sq Ft
04/03/2019 04/03/19 Sold $115,000 -17.8% $192 / Sq Ft View Prior Sale
02/07/2019 02/07/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $139,900 -- $233 / 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
2025 $1,319 $120,500 $43,800 $76,700
2024 $912 $77,300 $38,300 $39,000
2023 $873 $77,300 $38,300 $39,000
2022 $873 $77,300 $38,300 $39,000
2021 $873 $77,300 $38,300 $39,000
2020 $856 $79,100 $38,300 $40,800
2019 $856 $79,100 $38,300 $40,800
2018 $856 $79,100 $38,300 $40,800
2017 $856 $79,100 $38,300 $40,800
2016 $818 $75,600 $38,300 $37,300
2015 $818 $75,600 $38,300 $37,300
2014 $849 $75,600 $38,300 $37,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1075100

Triad MLS

APN: 690213138597