NOT LISTED FOR SALE

470 Mount Pleasant Rd N Mount Pleasant, NC 28124

Estimated Value: $308,000 - $404,000

7 Beds
4 Baths
2,530 Sq Ft
$140/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $275,000 $109 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,017/month

2 Days on Market

Highlights

  • Wooded Lot
  • Circular Driveway
  • Laundry Room
  • Screened Porch
  • Balcony
  • Front Green Space

About This Home

As of April 2023

Fantastic Investment Property! 2 Duplexes on 1.3 Acres of land in the popular town of Mount Pleasant. Very convenient to Major Cities such as Concord, Kannapolis, Harrisburg, and Charlotte. Current tenants are on a month-to-month rental agreement (See attachments or call agent for rent information) however they have all been there for 5+ years. Roof on both are approximately 5 years old, brand-new stairs to the upper unit, new flooring in lower unit, new heat pump for the brick duplex, and Septic tanks were recently pumped. "As is" sale. Don't miss out on this one!

Last Agent to Sell the Property

Barbara Sechrist

Yadkin Valley Real Estate, Inc Brokerage Email: barbsechristsells4u@gmail.com License #309671 Listed on: 02/25/2023

Last Buyer's Agent

Marcus Pryor

NorthGroup Real Estate LLC License #250507

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 175x267x226x324
  • Front Green Space
  • Partially Fenced Property
  • Privacy Fence
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Hardboard

Interior Spaces

  • Wired For Data
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Screened Porch

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 1 Attached Carport Space
  • Circular Driveway
  • Shared Driveway
  • 10 Open Parking Spaces

Outdoor Features

  • Balcony
  • Outbuilding

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity
  • The owner pays for trash collection
  • Assessor Parcel Number 5671-12-3478-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

1.3 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1976
  • Restrictions: No Representation
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: Medium
  • Attribution Contact: barbsechristsells4u@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Linoleum, Tile, Vinyl
  • Interior Amenities: Attic Other, Cable Prewire
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator
  • Owner Pays: Trash Collection
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace Features: Family Room, Wood Burning

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Partial, Privacy
  • Construction Type: Brick Partial, Cedar Shake, Concrete Block, Hardboard Siding
  • Other Structures: Outbuilding, Other - See Remarks
  • Patio And Porch Features: Balcony, Covered, Enclosed, Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway, Driveway, Parking Space(s), Shared Driveway

Utilities

  • Heating: Baseboard, Electric, Heat Pump, Separate Meters
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
  • Cooling: Central Air, Heat Pump, Varies by Unit, Window Unit(s)
  • Utilities: Cable Available, Electricity Connected, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Green Area, Level, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 5671-12-3478-0000
  • Zoning: AG
  • Lot Size: 175X267X226X324
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AG

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
Apr 24, 2023
Sold by
Jacobs Frank F
Bought by
Illuzzi Nicholas and Illuzzi Danielle R
Seller's Agent
Barbara Sechrist
Yadkin Valley Real Estate, Inc
Buyer's Agent
Marcus Pryor
NorthGroup Real Estate LLC
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Views
54
Current Estimated Value
$352,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,944
Avg. Annual Appreciation
9.15%
Original Mortgage
$206,250
Outstanding Balance
$198,628
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$154,316

Purchase Details

Closed on
Aug 1, 1985
Bought by
Jacobs Frank F and Jacobs Loraine C
Source: Public Records
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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
Illuzzi Nicholas $275,000 None Listed On Document
Jacobs Frank F $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Illuzzi Nicholas $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $275,000 -3.5% $109 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/25/2023 02/25/23 For Sale $285,000 -- $113 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,449 $359,100 $54,390 $304,710
2024 $2,463 $359,100 $54,390 $304,710
2023 $1,940 $226,090 $28,050 $198,040
2022 $1,940 $226,090 $28,050 $198,040
2021 $1,940 $226,090 $28,050 $198,040
2020 $1,940 $226,090 $28,050 $198,040
2019 $1,721 $200,630 $34,350 $166,280
2018 $1,651 $200,630 $34,350 $166,280
2017 $1,611 $200,630 $34,350 $166,280
2016 $1,611 $190,230 $34,350 $155,880
2015 $1,490 $190,230 $34,350 $155,880
2014 $1,490 $190,230 $34,350 $155,880
Source: Public Records

Agents Affiliated with this Home

  • Barbara Sechrist

    Seller's Agent in 2023

    Barbara Sechrist

    Yadkin Valley Real Estate, Inc

    (336) 414-4104

    2 in this area

    66 Total Sales

    Barbara Sechrist
    Section Image

  • M

    Buyer's Agent in 2023

    Marcus Pryor

    NorthGroup Real Estate LLC

    (980) 621-6524

    3 in this area

    18 Total Sales

    Marcus Pryor
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4004757

Canopy MLS (Canopy Realtor® Association)

APN: 5671-12-3478-0000

North Carolina Cabarrus County Mount Pleasant 28124

470 Mount Pleasant Rd N, Mount Pleasant, NC

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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