$222,600
SOLD OCT 5, 2018

5474 Wrenn Dr Denver, NC 28037

4 Beds
2 Baths
1,800 Sq Ft
0.48 Acres

Recently Sold

$124 Per Sq Ft

1% Above List Price

88 Days on Market

About This Home

As of March 2025

Investors! Get in on this brand new duplex in an area of proven rental history. No maintenance full brick on a crawl space foundation. Architectural shingles, laminate flooring throughout main living areas, carpet bedrooms, granite counters, stainless appliances, covered back porch. Buying brand new means you won't have to worry about updating or major repairs for some time. Wrenn Drive is privately maintained asphalt road. Older duplexes in the area rent for $800-$875 per side. Square footage should be accurate, but will be professionally measured once construction is complete. Please see floor plan in attachments. Builder plans to make a couple of minor changes to the back porch and the bathrooms. Ask for details. See agent remarks for how to access property, GPS will not work. Estimated completion date date June 7th.

Last Agent to Sell the Property

Lisa Bloch

Southern Homes of the Carolinas, Inc License #179287 Listed on: 02/26/2018

Co-Listed By

Julie Williams

Southern Homes of the Carolinas, Inc License #196105

Last Buyer's Agent

Robert Forquer

Carolina Realty Works LLC License #272760

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018 | Under Construction

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Vinyl Siding

Additional Features

  • Laminate Flooring
  • 2 Full Bathrooms
  • Crawl Space
  • Well

Community Details

  • Built by Flipside Remodeling LLC

Listing and Financial Details

  • Rent includes all except water
  • Assessor Parcel Number 32344

Property Details

Home Type

Multi-Family

Year Built

Built in 2018 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.01182
  • Ratio Close Price By Original Li: 1.01182
  • Ratio Current Price By Acre: 463750.00
  • Ratio Current Price By Sq Ft: 123.67
  • Year Built: 2018
  • Property Features: Dishwasher, Porch/Patio, Range/Oven, W/D Connection
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Range, Microwave, Electric Oven
  • Flooring: Carpet, Laminate Wood
  • Laundry Location: Main
  • Sq Ft Additional: 110
  • Total Sq Ft: 1800

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.480
  • Parcel Number: 32344
  • Zoning Specification: R-S

Building Info

  • Builder Name: Flipside Remodeling LLC

Rental Info

  • Rent Includes: All except water

Tax Info

  • Tax Value: 19000.00
  • Tax Location: Denver

Multi Family

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

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%
Views
29
Current Estimated Value
$391,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,667
Original Mortgage
$280,000
Outstanding Balance
$278,691
Interest Rate
6.38%
Mortgage Type
New Conventional

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
Not Available
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 $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
Closed $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
2025 $2,237 $323,499 $32,000 $291,499
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: CAR3363315

Canopy MLS (Canopy Realtor® Association)

APN: 32344