Seller's Agent in 2025
Jennifer Paddock
Brindley Beach Vacations & Sales - Frisco
(252) 216-7855
8 in this area
27 Total Sales
50062 Timber Trail Frisco, NC 27936
Frisco Neighborhood
--
Bed
--
Bath
--
Sq Ft
0.92
Acres
Highlights
- Central Heating and Cooling System
- Wood Siding
- Carpet
About This Home
As of January 2025Rare investment opportunity to own a prime office/apartments right off of HWY 12 in the heart of Frisco. Ground floor features 5 office spaces. 4 spaces are secured with a 3.5 year lease with a reputable property management firm. 5th unit is occupied by a well established 4x4 rental company. 2nd level offers 2 apartments with month to month leases. Both apartments boast 2 bedrooms, 1 full bath, full sized kitchen and living area. Apartment 3 is tucked on the ground level. This charming apartment offers 1 bedroom, 1 full bath, full sized kitchen and living area. If you ever wanted to own a business in Hatteras Island, now is the time to jump on this turnkey opportunity, possibilities are endless - It's an investors dream!
Last Agent to Sell the Property
Brindley Beach Vacations & Sales - Frisco License #310588 Listed on: 08/29/2024
Last Buyer's Agent
Brindley Beach Vacations & Sales - Frisco License #310588 Listed on: 08/29/2024
Property Details
Property Type
- Other
Est. Annual Taxes
- $3,375
Year Built
- Built in 1993
Lot Details
- Property is zoned S-1
Home Design
- Frame Construction
- Wood Siding
- Piling Construction
Flooring
- Carpet
- Laminate
- Vinyl
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Septic Tank
Listing and Financial Details
- Tenant pays for cable TV, electricity, water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2024
Closed on
Jan 15, 2025
Sold by
Stoffel Rene and Stoffel Pamela S
Bought by
Obx Thnber Trail Llc
Seller's Agent
Jennifer Paddock
Brindley Beach Vacations & Sales - Frisco
Buyer's Agent
Jennifer Paddock
Brindley Beach Vacations & Sales - Frisco
List Price
$829,000
Sold Price
$750,000
Premium/Discount to List
-$79,000
-9.53%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,040
Avg. Annual Appreciation
6.31%
Original Mortgage
$562,500
Outstanding Balance
$561,056
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$217,007
Purchase Details
Closed on
Nov 5, 2015
Sold by
Lang Joan K
Bought by
Stoffel Pamela S and Stoffel Rene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
4.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 21, 2007
Sold by
Lang Donald F and Lang Joan K
Bought by
Lang Donald S and Lang Joan K
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | None Listed On Document | |
| Warranty Deed | $425,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $562,500 | New Conventional | |
| Previous Owner | $175,200 | Commercial | |
| Previous Owner | $219,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2025 01/10/25 | Sold | $750,000 | -9.5% | -- |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- |
| 09/13/2024 09/13/24 | For Sale | $829,000 | 0.0% | -- |
| 09/07/2024 09/07/24 | Pending | -- | -- | -- |
| 08/29/2024 08/29/24 | For Sale | $829,000 | -- | -- |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $3,375 | $574,900 | $164,700 | $410,200 |
| 2023 | $2,531 | $574,900 | $164,700 | $410,200 |
| 2022 | $3,202 | $574,900 | $164,700 | $410,200 |
| 2021 | $3,145 | $574,900 | $164,700 | $410,200 |
| 2020 | $3,137 | $574,900 | $164,700 | $410,200 |
| 2019 | $3,360 | $526,300 | $120,800 | $405,500 |
| 2018 | $3,360 | $526,300 | $120,800 | $405,500 |
| 2017 | $3,360 | $526,300 | $120,800 | $405,500 |
| 2016 | $3,150 | $526,300 | $120,800 | $405,500 |
| 2014 | $3,150 | $526,300 | $120,800 | $405,500 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 126780
APN: 012033001
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