$345,900
SOLD DEC 22, 2023

420 S Ashe St Southern Pines, NC 28387

-- Bed
-- Bath
1,590 Sq Ft
0.33 Acres

Recently Sold

$218 Per Sq Ft

1 Day on Market

Highlights

  • 1-Story Property
  • Pinecrest High School Rated A-
  • 4-minute walk to Southern Pines Park

About This Home

As of December 2023

Floorplan in process. Investor special! Duplex on Ashe St in in downtown Southern Pines. Large lot, detached carport with storage. 420 S Ashe is a 2BR/1.5BA unit with large living room, a retro gas log fireplace and enclosed porch. 430 S Ashe is a 1BR/1BA unit that is currently rented on a month to month basis. Tenant would be interested in staying and seller nets $710/month after expenses. Large lot with additional storage buildings in the backyard. The pool is conveying As Is with seller making no representation on it or the equipment's condition or operation. Fantastic Income potential!

Last Agent to Sell the Property

Audrey Wiggins

BH&G REAL ESTATE - LIFESTYLE PROPERTY PARTNERS License #195512 Listed on: 11/07/2023

BH&G REAL ESTATE - LIFESTYLE PROPERTY PARTNERS

Last Buyer's Agent

Monica Hawke

EVERYTHING PINES PARTNERS LLC License #175865

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,427

Year Built

  • Built in 1977

Lot Details

  • 0.33 Acre Lot

Home Design

  • Duplex
  • Wood Frame Construction

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property

Community Details

  • 2 Units
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8581-09-17-8111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,427

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi Family
  • Lot Size Acres: 0.33
  • Ownership: More than a year
  • Subdivision Name: DOWNTOWN
  • Directions: May St to right on E Indiana, left on Ashe, home on left.
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1977
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1590.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Construction Type: Wood Frame

Utilities

  • Sewer: County Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 8581-09-17-8111

Multi Family

  • Number Of Units Total: 2
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Formyduval Investments Llc
Bought by
D3h Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2023
Closed on
Dec 15, 2023
Sold by
Katrin Robert L
Bought by
Formyduval Investments Llc
Seller's Agent
Audrey Wiggins
BH&G REAL ESTATE - LIFESTYLE PROPERTY PARTNERS
Buyer's Agent
Monica Hawke
EVERYTHING PINES PARTNERS LLC
List Price
$344,900
Sold Price
$345,900
Premium/Discount to List
$1,000
0.29%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.40%
Original Mortgage
$275,000
Interest Rate
7.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $410,000 None Listed On Document
Warranty Deed $346,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $364,426 Construction
Closed $328,000 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $710,000 -0.7% $309 / Sq Ft
03/26/2025 03/26/25 Price Changed $715,000 -5.3% $312 / Sq Ft
12/20/2024 12/20/24 For Sale $755,000 +118.3% $329 / Sq Ft
12/22/2023 12/22/23 Sold $345,900 +0.3% $218 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $344,900 -- $217 / Sq Ft
Source: Longleaf Pine REALTORS®

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 $2,427 $380,730 $132,510 $248,220
2023 $2,503 $380,730 $132,510 $248,220
2022 $2,635 $284,850 $110,010 $174,840
2021 $2,706 $284,850 $110,010 $174,840
2020 $2,729 $279,990 $110,010 $169,980
2019 $2,729 $284,850 $110,010 $174,840
2018 $2,212 $244,440 $105,010 $139,430
2017 $2,188 $244,440 $105,010 $139,430
2015 $2,114 $244,440 $105,010 $139,430
2014 $1,630 $190,700 $42,380 $148,320
2013 -- $190,700 $42,380 $148,320
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Longleaf Pine REALTORS®

MLS Number: 715572

Longleaf Pine REALTORS®

APN: 8581-09-17-8111