Seller's Agent in 2022
Hayden Thornburg
Thornburg & Associates, Inc.
(828) 816-1772
30 Total Sales
4887 County Home Rd Unit A1-J2 Conover, NC 28613
Saint Stephens Area
60
Beds
54
Baths
30,714
Sq Ft
3.9
Acre Lot
Highlights
- Recreation Facilities
- Front Porch
- Living Room
- Snow Creek Elementary School Rated A-
- Patio
- Laundry Room
About This Home
As of April 2022Crosstown Apartments: 24 units (2-story, 2 bedroom, 1.5 bath) and 6 units (1-story, 2 bedroom, 1 bath) = 30 total rental units. Most recent rental rates are $795/month & $800/month. Onsite dog park and recreation area make outdoor play convenient. All but one of the 1-story units have a covered carport or detached garage. The large paved parking lot offers plenty of parking for all other residents and visitors. In 2021 we performed a significant crawlspace renovation project which made the foundations look great (invoices available upon request). Owner pays Hickory city water, Republic trash service, street lights, and all maintenance (expenses avaible upon request). There are 18 septic tanks on the property servicing the apartments. February 2022 rent roll = $19,940; 2021 expenses averaged $2,067/month, which includes renovating units as they become vacant. This investment property has a long profitable future ahead of it.
Last Agent to Sell the Property
Thornburg & Associates, Inc. License #288437 Listed on: 02/02/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1974
Lot Details
- Fenced
- Level Lot
Parking
- Parking Lot
Home Design
- Brick Exterior Construction
- Wood Siding
Interior Spaces
- 30,714 Sq Ft Home
- Ceiling Fan
- Living Room
- Dining Area
- Crawl Space
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Flooring
- Carpet
- Linoleum
- Vinyl
Bedrooms and Bathrooms
- 60 Bedrooms
Outdoor Features
- Patio
- Outbuilding
- Front Porch
Schools
- Snow Creek Elementary School
- Arndt Middle School
- St. Stephens High School
Utilities
- Central Heating
- Heat Pump System
- Baseboard Heating
- Septic Tank
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity
- Rent includes garbage pick-up, management, sewer, water
- Assessor Parcel Number 3734172034700000
Community Details
Overview
- 2 Units
Recreation
- Recreation Facilities
- Dog Park
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2022
Closed on
Apr 11, 2022
Sold by
Bought by
Seller's Agent
Hayden Thornburg
Thornburg & Associates, Inc.
Buyer's Agent
Alicia Debnam
Fathom Realty NC LLC
List Price
$2,800,000
Sold Price
$2,600,000
Premium/Discount to List
-$200,000
-7.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
0.0376%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
0.028%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,600,000 | None Listed On Document | ||
| $1,500,000 | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,950,000 | ||
| Previous Owner | $1,275,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/13/2022 04/13/22 | Sold | $2,600,000 | -7.1% | $85 / Sq Ft |
| 02/02/2022 02/02/22 | For Sale | $2,800,000 | -- | $91 / Sq Ft |
Source: Canopy MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $14,417 | $2,759,300 | $47,700 | $2,711,600 |
| 2024 | $14,417 | $2,759,300 | $47,700 | $2,711,600 |
| 2023 | $13,865 | $672,100 | $65,300 | $606,800 |
| 2022 | $4,671 | $672,100 | $65,300 | $606,800 |
| 2021 | $4,671 | $672,100 | $65,300 | $606,800 |
| 2020 | $4,671 | $672,100 | $65,300 | $606,800 |
| 2019 | $4,671 | $672,100 | $0 | $0 |
| 2018 | $4,053 | $583,100 | $65,300 | $517,800 |
| 2017 | $4,053 | $0 | $0 | $0 |
| 2016 | $4,053 | $0 | $0 | $0 |
| 2015 | $4,753 | $583,100 | $65,300 | $517,800 |
| 2014 | $4,753 | $791,600 | $78,300 | $713,300 |
Source: Public Records
Agents Affiliated with this Home
-
Hayden Thornburg
-
Alicia Debnam
A
Buyer's Agent in 2022
Alicia Debnam
Fathom Realty NC LLC
(704) 880-9656
29 Total Sales
Map
Source: Canopy MLS
MLS Number: 3826265
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.
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
Listings courtesy of Canopy MLS as distributed by MLS GRID
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