409 Hobson St High Point, NC 27260
Downtown High Point Neighborhood
2
Beds
1
Bath
700
Sq Ft
7,405
Sq Ft Lot
About This Home
As of March 2025Discover a high-performing rental property that’s perfect for both beginner investors and seasoned pros! This well-maintained gem boasts consistent cash flow, excellent location, and a strong rental history. With the potential to be included in a multi-package rental portfolio, you'll benefit from diversified income streams and reduced management overhead. Don’t miss this chance to grow your investment portfolio strategically. Contact us today to learn more about this exceptional!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $485
Year Built
- Built in 1944
Lot Details
- 7,405 Sq Ft Lot
- Property is zoned Rs-7
Parking
- Driveway
Home Design
- Vinyl Siding
Interior Spaces
- 700 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- No Heating
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0190512
- 1% Total Tax Rate
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2024
Closed on
Mar 13, 2025
Sold by
Steve Ells Properties Llc
Bought by
True American Enterprises Llc
Seller's Agent
Clark Michael
Elevated Realty
Buyer's Agent
William Purgason
eXp Realty
List Price
$75,000
Sold Price
$82,500
Premium/Discount to List
$7,500
10%
Total Days on Market
199
Views
415
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177
Avg. Annual Appreciation
0.77%
Original Mortgage
$70,125
Outstanding Balance
$64,464
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
$18,214
Purchase Details
Closed on
Oct 2, 2019
Sold by
Hedgecock Real Estate Llc
Bought by
Steve Ells Properties Llc
Purchase Details
Closed on
Jan 29, 2018
Sold by
Hedgecock Rebecca F
Bought by
Hedgecock Real Estate Llc
Purchase Details
Closed on
Sep 9, 1998
Sold by
Stone Shellie T
Bought by
North Carolina Realty
Purchase Details
Closed on
Jun 18, 1998
Sold by
Stone Shellie T
Bought by
Hedgecock Rebecca F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.14%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $82,500 | None Listed On Document | |
| Warranty Deed | $82,500 | None Listed On Document | |
| Warranty Deed | $16,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Trustee Deed | $32,000 | -- | |
| Trustee Deed | $8,650 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $70,125 | Construction | |
| Closed | $70,125 | Construction | |
| Previous Owner | $15,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | Sold | $82,500 | +10.0% | $118 / Sq Ft |
| 02/13/2025 02/13/25 | Pending | -- | -- | -- |
| 07/28/2024 07/28/24 | For Sale | $75,000 | -- | $107 / Sq Ft |
Source: Triad MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $496 | $36,000 | $10,000 | $26,000 |
| 2022 | $485 | $36,000 | $10,000 | $26,000 |
| 2021 | $358 | $26,000 | $10,000 | $16,000 |
| 2020 | $358 | $26,000 | $10,000 | $16,000 |
| 2019 | $358 | $26,000 | $0 | $0 |
| 2018 | $0 | $26,000 | $0 | $0 |
| 2017 | $356 | $26,000 | $0 | $0 |
| 2016 | $358 | $25,500 | $0 | $0 |
| 2015 | $360 | $25,500 | $0 | $0 |
| 2014 | $366 | $25,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Clark Michael
C
Seller's Agent in 2025
Clark Michael
Elevated Realty
(336) 669-1669
3 in this area
23 Total Sales
-
William Purgason
Buyer's Agent in 2025
William Purgason
eXp Realty
(336) 601-9625
5 in this area
118 Total Sales
Map
Source: Triad MLS
MLS Number: 1150682
APN: 0190512
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