NOT LISTED FOR SALE

Estimated Value: $429,822 - $555,000

5 Beds
3 Baths
2,134 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $210,500 $99 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,740/month

200 Days on Market

Highlights

  • 0.34 Acre Lot
  • Deck
  • Corner Lot
  • John T. Hoggard High School Rated A-
  • Wood Flooring
  • 2-minute walk to Nunalee Park

About This Home

As of October 2016

Investors, don't delay. New Price plus $5000 seller allowance for updates. 2-2 bdrm units and 1-1 Bdrm unit. Don't miss this unique triplex in Ardmore with R-5 zoning, on .34 acres. Priced to sell while also allowing you so many opportunities. Use this as investment, live in one and rent the other two, or house your growing/multi-generational family. This property includes a two bay garage great for storage or workshop. Tenants in place total rents $2170.

Last Agent to Sell the Property

Kristy Hardy

Nest Realty Listed on: 03/24/2016

Last Buyer's Agent

Elisa Roels

Cape Fear Realty Group, LLC License #274940

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,919

Year Built

  • Built in 1940

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 122x121x123x120
  • Chain Link Fence
  • Corner Lot

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Storage In Attic
  • Washer Hookup

Kitchen

  • Stove
  • Range Hood

Flooring

  • Wood
  • Tile

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Forest Hills Elementary School
  • Williston Middle School
  • Hoggard High School

Utilities

  • Forced Air Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number R05407-027-001-000

Community Details

Overview

  • No Home Owners Association
  • Ardmore Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,919

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Triplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 1st Floor, 2nd Floor
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Eave Storage
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Hookup - Washer, None
  • List Price per Sq Ft: 105.44
  • Total Heated Sq Ft: 2134.00

Exterior Features

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

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Street Only

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric, Vent Hood
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Forced Air, Wall/Floor Furnace
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 5327
  • Deed Page: 2486.00
  • Lot Acres: 0.34
  • Lot Description: Corner Lot
  • Lot Dimensions: 122x121x123x120
  • Lot Number: 1
  • Lot Sq Ft: 14758.00
  • Lot Water Features: None
  • Zoning: R-5

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Rental Info

  • Pets: Yes

Tax Info

  • Tax Identifier: R05407-027-001-000
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 2919.00

Multi Family

  • Number Total Units: 3

MLS Schools

  • Elementary School: Forest Hills
  • High School: Hoggard
  • Middle School: Williston
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2016
Closed on
Oct 27, 2016
Sold by
Mcown Carol
Bought by
Kelly Joseph P and Kelly Nancy Michele
Seller's Agent
Kristy Hardy
Nest Realty
Buyer's Agent
Elisa Roels
Cape Fear Realty Group, LLC
List Price
$235,000
Sold Price
$210,500
Premium/Discount to List
-$24,500
-10.43%
Current Estimated Value
$479,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,206
Avg. Annual Appreciation
10.60%

Purchase Details

Closed on
Jun 24, 2008
Sold by
Swanson Robert L and Swanson Linda L
Bought by
Mccown Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2008
Sold by
Epc Holdings 744 Llc
Bought by
Swanson Robert L and Swanson Linda L

Purchase Details

Closed on
Jul 6, 2007
Sold by
Swanson Robert L and Swanson Linda L
Bought by
Epc Holdings 744 Llc

Purchase Details

Closed on
Nov 20, 2006
Sold by
Swanson R L and Brown 503 18Th Street Land Tru
Bought by
Swanson Robert L and Swanson Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 17, 2006
Sold by
Mcintyre Prisha Dickson
Bought by
Mcintyre Christopher Boyer

Purchase Details

Closed on
Nov 21, 2002
Sold by
Swanson R L Linda
Bought by
Brown 503 18Th St Land Trust

Purchase Details

Closed on
Sep 20, 2002
Sold by
Brown 503 18Th St Land Trust
Bought by
Swanson R L Linda

Purchase Details

Closed on
May 4, 2001
Sold by
Swanson Robert L Linda
Bought by
Brown 503 18Th St Land Trust

Purchase Details

Closed on
Apr 30, 2001
Sold by
Brown 503 18Th St Land Trust
Bought by
Swanson Robert L

Purchase Details

Closed on
Jan 1, 2001
Bought by
Stefano V A

Purchase Details

Closed on
Nov 2, 2000
Sold by
Brown William E Fredrika Y
Bought by
Brown 503 18Th St Land Trust

Purchase Details

Closed on
Feb 11, 1993
Sold by
Nationsbanc Financial Ser Corp
Bought by
Brown William E

Purchase Details

Closed on
Aug 15, 1992
Sold by
C & S/Sovran Credit Corporatio
Bought by
Nationsbanc Financial Ser Corp

Purchase Details

Closed on
Dec 31, 1991
Sold by
Williams Jr Neil Simon
Bought by
C & S/Sovran Credit Corporatio

Purchase Details

Closed on
Sep 11, 1989
Sold by
Stefano V A
Bought by
Williams Neil Simon

Purchase Details

Closed on
Feb 1, 1986
Sold by
Williams Sr Neil Simon
Bought by
Williams Neil Simon

Purchase Details

Closed on
Jul 1, 1980
Sold by
Stefano V A
Bought by
Williams Neil Simon
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
Kelly Joseph P $210,500 None Available
Mccown Carol $255,000 None Available
Swanson Robert L -- None Available
Epc Holdings 744 Llc -- None Available
Swanson Robert L -- None Available
Mcintyre Christopher Boyer -- None Available
Brown 503 18Th St Land Trust -- --
Swanson R L Linda -- --
Brown 503 18Th St Land Trust -- --
Swanson Robert L -- --
Stefano V A -- --
Brown 503 18Th St Land Trust $100,000 --
Brown William E $57,000 --
Nationsbanc Financial Ser Corp -- --
C & S/Sovran Credit Corporatio -- --
Williams Neil Simon -- --
Williams Neil Simon $50,000 --
Williams Neil Simon $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccown Carol $216,750
Previous Owner Swanson Robert L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $210,500 -10.4% $99 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $235,000 -- $110 / 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
2023 $1,507 $236,400 $73,300 $163,100
2022 $1,507 $236,400 $73,300 $163,100
2021 $0 $236,400 $73,300 $163,100
2020 $2,592 $246,100 $57,000 $189,100
2019 $2,592 $246,100 $57,000 $189,100
2018 $0 $246,100 $57,000 $189,100
2017 $2,592 $246,100 $57,000 $189,100
2016 $2,904 $262,100 $81,300 $180,800
2015 $2,919 $275,600 $81,300 $194,300
2014 $2,795 $275,600 $81,300 $194,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100006533

Hive MLS

APN: R05407-027-001-000