NOT LISTED FOR SALE

5 E Main St Old Fort, NC 28762

Estimated Value: $405,286

5 Beds
3 Baths
3,796 Sq Ft
$107/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $208,000 $55 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,249/month

173 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1-minute walk to Old Fort Picnic Area

About This Home

As of June 2017

100 yr old Historic brick building is the oldest in town w/ original storefront & wavy glass windows currently used as residential rentals. 1bed 1bath apt upstairs is new top to bottom, other apt up 2 bed 1 bath w/ stable long term tenant. Ground level apt is used as short term rental w/ 2bed 1bath or could be restaurant, coffee shop, deli or other business. Great rental history all 20 mins to Asheville & Black Mtn is only 7 mins west. Central location to explore WNC. High visibility w/ parking

Last Agent to Sell the Property

Eddie Colley

Keller Williams - Black Mtn. License #257918 Listed on: 12/01/2016

Keller Williams - Black Mtn.

Last Buyer's Agent

Charmain Yobbi

Keller Williams - Black Mtn. License #288808

Keller Williams - Black Mtn.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,049

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Listing and Financial Details

  • Rent includes all utilities
  • Assessor Parcel Number 0659-06-49-7019

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.83534
  • Ratio Close Price By Original Li: 0.80309
  • Ratio Current Price By Acre: 2971428.57
  • Ratio Current Price By Sq Ft: 54.79
  • Year Built: 1900
  • Property Features: Cable Available, Garden Tub, Range/Oven, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Cooktop Electric, Electric Range, Refrigerator, Electric Oven
  • Flooring: Tile, Wood
  • Total Sq Ft: 3796

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Mountain View, Paved Frontage
  • Parcel Number: 0659-06-49-7019
  • Plat Reference Section Pages: 230-232
  • Zoning: Commercial
  • Zoning Specification: C-1

Rental Info

  • Rent Includes: All Utilities

Tax Info

  • Tax Value: 112080.00
  • Tax Amount Ncm: 688.00
  • Tax Location: Old Fort

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Paneris Anthony Edward
Bought by
Aristos Re Holdings Llc
Current Estimated Value
$405,286

Purchase Details

Listed on
Dec 1, 2016
Closed on
Jun 16, 2017
Sold by
Nelson Robert Norman and Nelson Suzanne Smith
Bought by
Paneris Anthony Edward
Seller's Agent
Eddie Colley
Keller Williams - Black Mtn.
Buyer's Agent
Charmain Yobbi
Keller Williams - Black Mtn.
List Price
$259,000
Sold Price
$208,000
Premium/Discount to List
-$51,000
-19.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Jan 21, 2010
Sold by
Nelson Robert Norman and Nelson Suzanne Smith
Bought by
Mdh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Aristos Re Holdings Llc -- None Listed On Document
Aristos Re Holdings Llc -- None Listed On Document
Paneris Anthony Edward -- None Available
Mdh Llc $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mdh Llc $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2017 06/19/17 Sold $208,000 -19.7% $55 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
12/01/2016 12/01/16 For Sale $259,000 -- $68 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,474 $217,430 $25,000 $192,430
2024 $1,474 $217,430 $25,000 $192,430
2023 $1,431 $217,430 $25,000 $192,430
2022 $809 $121,130 $18,500 $102,630
2021 $809 $121,130 $18,500 $102,630
2020 $821 $121,130 $0 $0
2019 $821 $112,080 $0 $0
2017 $695 $112,080 $0 $0
2016 $695 $112,080 $15,000 $97,080
2014 $683 $112,080 $15,000 $97,080
2013 -- $112,080 $15,000 $97,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3234763

Canopy MLS (Canopy Realtor® Association)

APN: 0659-06-49-7019