$432,500
SOLD MAR 19, 2025

407 E Main St Aberdeen, NC 28315

4 Beds
3 Baths
2,540 Sq Ft
0.26 Acres

Recently Sold

$170 Per Sq Ft

2% Above List Price

35 Days on Market

Highlights

  • Corner Lot
  • Wrap Around Porch
  • Wood Siding
  • Pinecrest High School Rated A-
  • Central Air
  • Heat Pump System

About This Home

As of March 2025

BACK ON MARKET AT NO FAULT OF THE SELLER!!! Exceptional investment opportunity in the heart of historic downtown Aberdeen! This 1901-built triplex offers a rare chance to own a piece of local history while generating consistent rental income. The property features three distinct units: a charming studio apartment and two spacious two-bedroom apartments, all with timeless character and appeal.Situated in a high-demand rental area, this property's prime location provides easy access to Aberdeen's vibrant downtown scene, including shops, restaurants, and cultural events. Its historic charm and proximity to nearby amenities make it highly attractive to tenants seeking unique, walkable living options

Last Agent to Sell the Property

Kristyn Gavazzi

Carolina Summit Group, LLC Listed on: 01/17/2025

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 114x102x114x102
  • Corner Lot

Home Design

  • Triplex
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3 Bathrooms
  • 2-Story Property
  • Fire and Smoke Detector

Basement

  • Partial Basement
  • Crawl Space

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Wrap Around Porch

Schools

  • Aberdeeen Elementary School
  • Southern Middle School
  • Pinecrest High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Aberdeen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00049273

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Triplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Interior Amenities: Smoke Detectors
  • List Price per Sq Ft: 170.00
  • Total Bathrooms: 3.00
  • Number Bedrooms Total: 4

Exterior Features

  • Exterior Finish: Vinyl Siding, Wood Siding
  • Fencing: Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch, Wrap Around
  • Roof: Metal
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Carport, On Site, Off Street

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • Property Mgmt Company: No

Lot Info

  • Deed Page: 311.00
  • Lot Acres: 0.26
  • Lot Description: Corner Lot
  • Lot Dimensions: 114X102X114X102
  • Lot Sq Ft: 11326.00
  • Special Assessments: none known
  • Zoning: R-20

Tax Info

  • Tax Identifier: 00049273
  • Tax Year: 2024

MLS Schools

  • Elementary School: Aberdeeen Elementary
  • High School: Pinecrest High
  • Middle School: Southern Middle
  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Feb 5, 2025
Sold by
Shannon Donna
Bought by
Shepherd Gabriel Brett and Shepherd Megan Elizabeth
Seller's Agent
Kristyn Gavazzi
Carolina Summit Group, LLC
Buyer's Agent
A Non Member
A Non Member
List Price
$425,000
Sold Price
$432,500
Premium/Discount to List
$7,500
1.76%
Views
26
Current Estimated Value
$438,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,873
Avg. Annual Appreciation
1.74%
Original Mortgage
$324,375
Outstanding Balance
$322,440
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$115,933

Purchase Details

Closed on
Dec 29, 2010
Sold by
Shannon Mark
Bought by
Shannon Donna

Purchase Details

Closed on
Dec 17, 2004
Sold by
Shannon Mark and Shannon Donna
Bought by
Shannon Donna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $432,500 None Listed On Document
Warranty Deed $432,500 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $1,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,375 New Conventional
Closed $324,375 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2025 03/19/25 Sold $432,500 +1.8% $170 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $425,000 0.0% $167 / Sq Ft
02/05/2025 02/05/25 Off Market $425,000 -- --
01/22/2025 01/22/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $425,000 -- $167 / Sq Ft
Source: Hive 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 $1,964 $255,890 $60,000 $195,890
2023 $2,015 $255,890 $60,000 $195,890
2022 $1,743 $171,770 $32,000 $139,770
2021 $1,786 $171,770 $32,000 $139,770
2020 $1,804 $171,770 $32,000 $139,770
2019 $1,804 $171,770 $32,000 $139,770
2018 $1,488 $152,650 $28,000 $124,650
2017 $1,473 $152,650 $28,000 $124,650
2015 $1,397 $152,650 $28,000 $124,650
2014 $1,396 $152,580 $28,000 $124,580
2013 -- $152,580 $28,000 $124,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100484392

Hive MLS

APN: 8570-14-32-4517