NOT LISTED FOR SALE

531 Cedar Spring Ln Lincolnton, NC 28092

Lincolnton Area

Estimated Value: $293,000 - $407,000

4 Beds
4 Baths
1,700 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2013

Last sale price $117,900 $69 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $2,016 / mo

808 Days on Market

About This Home

As of March 2013

One of 4-available duplexes. Looks brand new with excellent rental history in good location just outside Lincolnton. Each side has 2 bedrooms, 2 baths, great room. Over 3/4 acre lot. Great investment piece. (Pictures of several units.)

Last Agent to Sell the Property

Bob Hecht

Coldwell Banker Realty Listed on: 09/14/2010

Co-Listed By

Nicole Howard

Lake Norman Realty, Inc. License #266689

Last Buyer's Agent

Bob Hecht

Coldwell Banker Realty Listed on: 09/14/2010

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2001

Lot Details

  • 0.8

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, water, all utilities, cable
  • Rent includes exterior maintenance, garbage pick-up
  • Assessor Parcel Number 79048

Property Details

Home Type

Multi-Family

Year Built

Built in 2001

Lot Details

0.8 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.84516
  • Ratio Close Price By Original Li: 0.81310
  • Ratio Current Price By Acre: 147375.00
  • Ratio Current Price By Sq Ft: 69.35
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Electric Range, Microwave, Electric Oven
  • Flooring: Carpet, Vinyl
  • Laundry Location: Utility Room
  • Total Sq Ft: 1700

Exterior Features

  • Construction: Brick Partial, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking: Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: County Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 159Rx215x150x245
  • Lot Size Units: Acres
  • Parcel Number: 79048
  • Zoning Specification: R-25

Rental Info

  • Rent Includes: Exterior Maintenance, Garbage Pick-up
  • Tenant Pays: Electricity, Water, All Utilities, Cable

Tax Info

  • Tax Value: 136239.00
  • Tax Location: Lincoln

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2010
Closed on
Feb 20, 2013
Sold by
Bought by
Seller's Agent
Bob Hecht
Coldwell Banker Realty
Buyer's Agent
Bob Hecht
Coldwell Banker Realty
List Price
$145,000
Sold Price
$117,900
Premium/Discount to List
-$27,100
-18.69%
Current Estimated Value
$337,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,830
Avg. Annual Appreciation
8.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$471,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $420,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/06/2013 03/06/13 Sold $117,900 -18.7% $69 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
09/14/2010 09/14/10 For Sale $145,000 -- $85 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,941 $266,125 $38,830 $227,295
2024 $1,901 $266,125 $38,830 $227,295
2023 $1,891 $266,125 $38,830 $227,295
2022 $1,389 $155,771 $31,064 $124,707
2021 $1,389 $155,771 $31,064 $124,707
2020 $1,128 $155,771 $31,064 $124,707
2019 $1,097 $155,771 $31,064 $124,707
2018 $1,021 $114,355 $24,050 $90,305
2017 $813 $114,355 $24,050 $90,305
2016 $813 $114,355 $24,050 $90,305
2015 $969 $114,355 $24,050 $90,305
2014 $1,001 $121,059 $24,050 $97,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR974316

Canopy MLS

APN: 79048

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