NOT LISTED FOR SALE

407 Sullivan St Thomasville, NC 27360

-- Bed
9 Baths
2,754 Sq Ft
15,246 Sq Ft Lot

Last Sold May 10, 2019

Last sale price $115,000 $42 Per Sq Ft

77 Days on Market

Highlights

  • No HOA
  • Level Lot
  • Heat Pump System
  • Central Air

About This Home

As of May 2019

Brick Triplex with all 2 bedroom units. All electric with heat pumps, central air, and Metal Roof, Updated vinyl windows and all 3 units are rented with long term tenants! $425 per unit rent. NOI and Cap rate are attached

Last Agent to Sell the Property

Nathan Hepler

Hepler Realty License #243597 Listed on: 01/31/2019

Last Buyer's Agent

Caesar Sanchez

Liberty Realty & Associates License #209138

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,151

Year Built

  • Built in 1977

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 150 x 100
  • Level Lot

Home Design

  • Triplex
  • Brick Exterior Construction

Parking

  • 6 Parking Spaces
  • Gravel Driveway

Schools

  • Thomasville Middle School
  • Thomasville High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • 1-Story Property
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 16155000G0001
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 2,750 Sq Ft Building

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,151

Year Built

Built in 1977

Lot Details

0.35 Acres

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Lot Size: 150 x 100
  • Directions: From Thomasville city, take 109 or (Randolph St) take L on E Sunrise Ave then right on Sullivan Property is on the left.
  • Building Stories: 1
  • Year Built: 1977
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • TRIADMLS_AdCopy: Brick Triplex with all 2 bedroom units. All electric with heat pumps, central air, and Metal Roof, Updated vinyl windows and all 3 units are rented with long term tenants!
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • TRIADMLS_ApproxSqFtRange: 2400 - 2900

Exterior Features

  • Lot Features: City Lot, Level
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Gravel
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Liberty
  • High School: Thomasville
  • Middle Or Junior School: Thomasville

Lot Info

  • Parcel #: 16155000G0001
  • Zoning: R8
  • TRIADMLS_AcresRange: 0 - 0

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Units Furnished: None
  • Number Of Units Leased: 3

Tax Info

  • Tax Annual Amount: 1151.46
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.34
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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 List to Sale Price per Sq Ft
06/16/2021 06/16/21 Off Market $115,000 -- --
05/10/2019 05/10/19 Sold $115,000 -- $42 / Sq Ft
Source: Triad MLS

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 $1,800 $134,850 $0 $0
2024 $1,800 $134,850 $0 $0
2023 $1,827 $134,850 $0 $0
2022 $1,800 $134,850 $0 $0
2021 $1,806 $134,850 $0 $0
2020 $1,136 $86,400 $0 $0
2019 $1,158 $86,400 $0 $0
2018 $1,151 $85,930 $0 $0
2017 $1,134 $85,930 $0 $0
2016 $1,100 $85,930 $0 $0
2015 $1,100 $85,930 $0 $0
2014 $1,540 $120,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 915861

Triad MLS

APN: 16-155-0-00G-0001

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