$380,000
SOLD MAR 17, 2025

5474 Wrenn Dr Denver, NC 28037

4 Beds
2 Baths
1,620 Sq Ft
0.48 Acres

Recently Sold

$235 Per Sq Ft

5% Below List Price

5 Days on Market

Highlights

  • Front Porch
  • Living Room
  • Fire Pit
  • Rock Springs Elementary School Rated A
  • Laundry Room
  • Four Sided Brick Exterior Elevation

About This Home

As of March 2025

Income-Generating All-Brick Duplex – Well-Maintained & Fully Equipped!

Don’t miss this incredible opportunity to own a highly desirable income-producing duplex built in 2018! This well-maintained all-brick property offers durability, low maintenance, and excellent curb appeal.

Each unit features:
?? Modern, open-concept layout with quality finishes
?? Front and back porches – perfect for relaxing outdoors
?? Fully fenced backyard
?? Beautifully maintained yard with plush grass and an outdoor fire pit for added enjoyment
?? All appliances convey – including stove, refrigerator, microwave, dishwasher, and washer & dryer

With strong rental potential and extra features that set this property apart, this duplex is a fantastic investment opportunity! Whether you're looking to expand your portfolio or secure a multi-family residence, this property offers the perfect blend of comfort and cash flow.

Schedule your private showing today!

Last Agent to Sell the Property

Tina Baugham

Ransford Properties LLC Brokerage Phone: 980-355-1708 License #310534 Listed on: 02/15/2025

Last Buyer's Agent

Tina Baugham

Ransford Properties LLC Brokerage Phone: 980-355-1708 License #310534 Listed on: 02/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,191

Year Built

  • Built in 2018

Lot Details

  • Back Yard Fenced
  • Open Lot
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,620 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Fire Pit
  • Front Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Wrenns Estate Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance
  • Assessor Parcel Number 32344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,191

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 2018
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: 980-355-1708
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room,Laundry
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Owner Pays: Exterior Maintenance
  • Above Grade Finished Sq Ft: 1620
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1620
  • Building Stories: 1

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Utility Room
  • Cooling: Central Air, Electric
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Open Lot
  • Lot Size Area: 0.48
  • Lot Size Units: Acres
  • Parcel Number: 32344
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-S

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2025
Closed on
Mar 13, 2025
Sold by
Miller Aaron Lee
Bought by
Finley Holly Jennifer
Seller's Agent
Tina Baugham
Ransford Properties LLC
Buyer's Agent
Tina Baugham
Ransford Properties LLC
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Total Days on Market
5
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.30%
Original Mortgage
$280,000
Outstanding Balance
$279,741
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$89,926

Purchase Details

Listed on
Feb 26, 2018
Closed on
Oct 5, 2018
Sold by
Hovis Matthew S and Hovis Jeanette E
Bought by
Miller Aaron Lee and Lowman Barbara T
Seller's Agent
Lisa Bloch
Southern Homes of the Carolinas, Inc
Buyer's Agent
Robert Forquer
Carolina Realty Works LLC
List Price
$220,000
Sold Price
$222,600
Premium/Discount to List
$2,600
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$169,871
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2017
Sold by
Soto Nazario Evelyn and Soto Nazario Luis A
Bought by
Hovis Matthew and Hovis Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2007
Sold by
Nrll East Llc
Bought by
Nazario Evelyn Soto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,512
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2006
Sold by
Oneal Hubert O
Bought by
Nrll East Llc
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 Type Sale Price Title Company
Warranty Deed $380,000 None Listed On Document
Warranty Deed $223,000 None Available
Warranty Deed $18,000 None Available
Warranty Deed $8,380 None Available
Warranty Deed $4,500 Transcontinental Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $151,540 FHA
Previous Owner $169,871 FHA
Previous Owner $13,500 Commercial
Previous Owner $8,512 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $380,000 -4.8% $235 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/15/2025 02/15/25 For Sale $399,000 +79.2% $246 / Sq Ft
10/05/2018 10/05/18 Sold $222,600 +1.2% $124 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $220,000 -- $122 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2024 $2,191 $323,499 $32,000 $291,499
2023 $2,181 $323,499 $32,000 $291,499
2022 $1,611 $186,409 $26,000 $160,409
2021 $1,598 $186,409 $26,000 $160,409
2020 $1,331 $186,409 $26,000 $160,409
2019 $1,331 $186,409 $26,000 $160,409
2018 $178 $24,500 $24,500 $0
2017 $138 $19,000 $19,000 $0
2016 $137 $0 $0 $0
2015 $135 $19,000 $19,000 $0
2014 $135 $19,000 $19,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4223377

Canopy MLS (Canopy Realtor® Association)

APN: 32344