NOT LISTED FOR SALE

508 W Elm St Unit 510 Graham, NC 27253

Estimated Value: $142,930 - $205,000

2 Beds
2 Baths
1,176 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 12, 2016

Last sale price $65,000 $55 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,006/month

984 Days on Market

About This Home

As of July 2016

INVESTOR PACKAGE! Duplex plus 512 W Elm St, 2BR/1BA, appx 960sf single family home included in sale. Former rental properties: Duplex previously rented for $650/mo ($325 per unit) & single home rented for $400/mo. Total tax value: $111,712 for both properties.

Last Agent to Sell the Property

Gary Renigar

Keller Williams Central License #212661 Listed on: 10/02/2013

Keller Williams Central

Last Buyer's Agent

Margaret McCann

Keller Williams Central License #60331

Keller Williams Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $291

Year Built

  • Built in 1950

Lot Details

  • 0.52

Home Design

  • Duplex

Schools

  • Graham Middle School
  • Graham High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • 1-Story Property
  • 0.52 Acre Lot

Community Details

  • No Home Owners Association
  • 1,176 Sq Ft Building

Listing and Financial Details

  • Legal Lot and Block 72 / 504
  • Assessor Parcel Number 134746
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$291

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.52
  • Lot Size: 22651.2
  • Subdivision Name: None
  • Directions: I85/40 to Exit 147; follow Hwy 87 (Main St) to downtown; turn on West Elm; properties located on left across from Jim's Tastee Freeze.
  • Building Stories: 1
  • Year Built: 1950
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_ElevatorYN: No
  • TRIADMLS_AdCopy: INVESTOR PACKAGE! Duplex plus 512 W Elm St, 2BR/1BA, appx 960sf single family home included in sale. Former rental properties: Duplex previously rented for $650/mo ($325 per unit) & single home rented for $400/mo. Total tax value: $111,712 for both..
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • TRIADMLS_ApproxSqFtRange: 1000 - 1300

Exterior Features

  • Lot Features: City Lot
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: North Graham
  • High School: Graham
  • Middle Or Junior School: Graham

Lot Info

  • Parcel #: 134746
  • Zoning: B2
  • TRIADMLS_PricePerAcre: 172884.6154
  • TRIADMLS_PlatPage: 85
  • TRIADMLS_DeedPage: 664
  • TRIADMLS_DeedBook: 3216
  • TRIADMLS_PlatBook: 2

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 290.73
  • Tax Block: 504
  • Tax Lot: 72
  • Tax Map Number: 123
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2013
Closed on
Jul 6, 2016
Sold by
Jb Realty Investment Group Llc A Florida
Bought by
Plaza Latina Holdings Llc A North Caroli
Seller's Agent
Gary Renigar
Keller Williams Central
Buyer's Agent
Margaret McCann
Keller Williams Central
List Price
$99,000
Sold Price
$65,000
Premium/Discount to List
-$34,000
-34.34%
Current Estimated Value
$180,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,233
Avg. Annual Appreciation
11.82%

Purchase Details

Closed on
Aug 27, 2004
Sold by
Davis Wade
Bought by
Burke Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
5.97%
Mortgage Type
New Conventional
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
Plaza Latina Holdings Llc A North Caroli $65,000 Attorney
Burke Jay $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Jay L $32,000
Previous Owner Burke Jay L $53,000
Previous Owner Burke Jay $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2016 07/12/16 Sold $65,000 -34.3% $55 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
10/02/2013 10/02/13 For Sale $99,000 -- $84 / Sq Ft
Source: Triad 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
2025 $289 $58,507 $39,784 $18,723
2024 $274 $58,507 $39,784 $18,723
2023 $253 $58,507 $39,784 $18,723
2022 $344 $31,333 $27,756 $3,577
2021 $348 $31,333 $27,756 $3,577
2020 $350 $31,333 $27,756 $3,577
2019 $353 $31,333 $27,756 $3,577
2018 $0 $31,333 $27,756 $3,577
2017 $324 $31,333 $27,756 $3,577
2016 $582 $56,190 $30,840 $25,350
2015 $324 $56,190 $30,840 $25,350
2014 -- $56,190 $30,840 $25,350
Source: Public Records

Agents Affiliated with this Home

  • Gary Renigar

    Seller's Agent in 2016

    Gary Renigar

    Keller Williams Central

    (336) 684-4011

    205 Total Sales

    Gary Renigar
    Section Image
  • Margaret McCann

    Buyer's Agent in 2016

    Margaret McCann

    Keller Williams Central

    (336) 516-2001

    179 Total Sales

    Margaret McCann
    Section Image
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Map

Source: Triad MLS

MLS Number: 686584

Triad MLS

APN: 134746

North Carolina Alamance County Graham 27253

508 W Elm St Unit 510, Graham, NC

This home is located at 508 W Elm St Unit 510, Graham, NC 27253 since 02 October 2013 and is currently estimated at $180,233, approximately $153 per square foot. This property was built in 1950. 508 W Elm St Unit 510 is a home located in Alamance County with nearby schools including North Graham Elementary School, Graham Middle School, and Graham High School.

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