NOT LISTED FOR SALE

4438 Flagship Ave SE Unit 1 Southport, NC 28461

Estimated Value: $279,000 - $1,028,000

2 Beds
2 Baths
1,050 Sq Ft
$588/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $410,000 $390 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,536/month

196 Days on Market

Highlights

  • Wood Flooring
  • Ground Level Unit
  • Balcony
  • Southport Elementary School Rated 9+
  • No HOA
  • Patio

About This Home

As of February 2018

Investors Delight! Four Unit Condominium being sold complete of all Units. Each Unit has 2 bedrooms, 2 full baths, kitchen with dishwasher, range with oven refrigerator, built-in microwave, disposer, washer and dryer. The two upstairs units have wood floors in the foyer, dining area and living room. The upper units also have balcony sitting areas. The lower 2 Units have patio areas outside of the Living Room area. All four units have carpeted bedrooms and ceramic tile in the kitchen and bath rooms. Each Unit has a distinct dining area adjoining the kitchen bar counter. Paved parking in front for tenants' parking. All Units are currently rented and would have tenant's rights. Call for showings; 24 hour notice required for showings.

Last Agent to Sell the Property

Doug Bris Bois

Coldwell Banker Sea Coast Advantage License #251988 Listed on: 06/07/2017

Last Buyer's Agent

Tim Howard

eXp Realty License #287682

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,595

Year Built

  • Built in 2001

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 70' x 150'

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 221ie01201

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,595

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Quadruplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor, Ground
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors, Wash/Dry Connect
  • List Price per Sq Ft: 428.57
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 2
  • Total Heated Sq Ft: 1050.00

Exterior Features

  • Exterior Features: Trash on Site
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Balcony, Patio
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: On Site, Paved, Shared

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: No

Lot Info

  • Deed Book: 2648
  • Deed Page: 853.00
  • Lot Acres: 0.24
  • Lot Dimensions: 70' x 150'
  • Lot Sq Ft: 10500.00
  • Zoning: R-6000

Rental Info

  • Pets: Owner Only

Tax Info

  • Tax Identifier: 221ie01201
  • Tax Year: 2016

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2017
Closed on
Feb 13, 2018
Sold by
Flagship Place Condominium Association I
Bought by
Lin Zixing and Chen Yue
Seller's Agent
Doug Bris Bois
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Tim Howard
eXp Realty
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%
Current Estimated Value
$616,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,963
Avg. Annual Appreciation
5.44%
Original Mortgage
$320,100
Outstanding Balance
$226,248
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$390,715

Purchase Details

Listed on
Jun 7, 2017
Closed on
Jan 23, 2018
Sold by
Lin Zixing and Chen Yue
Bought by
Howard Vincent H
Seller's Agent
Doug Bris Bois
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Tim Howard
eXp Realty
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,100
Outstanding Balance
$226,248
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$390,715

Purchase Details

Closed on
Jul 20, 2007
Sold by
B & C Southport Llc
Bought by
Lin Zixing and Chen Yue

Purchase Details

Closed on
Dec 1, 1999
Bought by
E L South Builders Llc
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Lin Zixing -- None Available
Howard Vincent H $410,000 None Available
Lin Zixing $117,500 None Available
E L South Builders Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Vincent H $320,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2018 02/13/18 Sold $410,000 -8.9% $390 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $450,000 -- $429 / 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
2025 $3,595 $731,660 $45,000 $686,660
2024 $3,595 $731,660 $45,000 $686,660
2023 $3,024 $731,660 $45,000 $686,660
2022 $3,024 $423,580 $28,000 $395,580
2021 $2,774 $423,580 $28,000 $395,580
2020 $2,774 $423,580 $28,000 $395,580
2019 $2,774 $33,770 $28,000 $5,770
2018 $1 $100 $100 $0
2017 $13 $100 $100 $0
2016 $11 $100 $100 $0
2015 $11 $100 $100 $0
2014 $10 $100 $100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100066633

Hive MLS

APN: 221IE012