NOT LISTED FOR SALE

Estimated Value: $129,000 - $147,349

3 Beds
1.5 Baths
1,238 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $127,000 $103 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $792/month

6 Days on Market

About This Home

As of October 2024

Investor Opportunity – Great Potential for Instant Equity! Are you looking for a property with untapped potential that you can shape to your liking? This 3-bedroom, 1.5-bath home offers the perfect canvas for someone ready to add value and make it their own. The kitchen features new flooring, offering a fresh start, but there’s plenty of room to add your own style and updates throughout the rest of the house. With spacious bedrooms and a functional layout, this home is ideal for a buyer or investor who can envision the possibilities. Whether you’re looking to renovate for personal use, rental income, or resale, the opportunity to build instant equity is right here. The bones are solid, and with a bit of effort, this home can truly shine. If you’re handy or have a renovation team in place, this property is a prime candidate for your next project! Schedule your showing today!

Last Agent to Sell the Property

Devonte Freeman

Real Broker LLC License #299782 Listed on: 09/26/2024

Real Broker LLC

Last Buyer's Agent

David Recendez

Cloud Realty LLC License #289444

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1972

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned RS-7

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,238 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Farmington Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0176346
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$938

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Subdivision Name: Farmington Forest
  • Directions: I-74 E towards Asheboro, take exit 70, turn left on E Martin Luther King Jr Dr, turn left onto Brentwood St, turn right onto Gavin Dr, turn left onto Kent St, home will be on your left.
  • Above Grade Finished Sq Ft: 1238
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1972
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1238
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, See Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0176346
  • Zoning: RS-7

Tax Info

  • Tax Annual Amount: 938.42
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 1.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Oct 25, 2024
Sold by
Rvest1 Llc
Bought by
Meridas Group Inc
Seller's Agent
Devonte Freeman
Real Broker LLC
Buyer's Agent
David Recendez
Cloud Realty LLC
List Price
$140,000
Sold Price
$127,000
Premium/Discount to List
-$13,000
-9.29%
Views
18
Current Estimated Value
$137,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,626
Avg. Annual Appreciation
6.31%
Original Mortgage
$125,020
Interest Rate
6.2%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 6, 2024
Sold by
Green Street Home Buyers Llc
Bought by
Rvestl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.89%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meridas Group Inc $127,000 None Listed On Document
Meridas Group Inc $127,000 None Listed On Document
Rvestl Llc $92,000 None Listed On Document
Green Street Home Buyers Llc $80,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Meridas Group Inc $125,020
Previous Owner Green Street Home Buyers Llc $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $127,000 -9.3% $103 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $140,000 -- $113 / Sq Ft
Source: Triad MLS

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 $938 $68,100 $9,000 $59,100
2024 $938 $68,100 $9,000 $59,100
2023 $938 $68,100 $9,000 $59,100
2022 $918 $68,100 $9,000 $59,100
2021 $746 $54,100 $9,000 $45,100
2020 $746 $54,100 $9,000 $45,100
2019 $746 $54,100 $0 $0
2018 $742 $54,100 $0 $0
2017 $742 $54,100 $0 $0
2016 $839 $59,800 $0 $0
2015 $843 $59,800 $0 $0
2014 $858 $59,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1156899

Triad MLS

APN: 0176346

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