NOT LISTED FOR SALE

551 Cedar Spring Ln Lincolnton, NC 28092

Estimated Value: $285,000 - $356,000

4 Beds
2 Baths
1,716 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 06, 2013

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

Est. 178% increase in value since last sale

Current estimated payment $1,899/month

811 Days on Market

About This Home

As of March 2013

4-Duplexes available. 551 & 531 Cedar Spring @ $139,500 each, 2371 Keener @ $139,500 and 2351 Keener @ 129,950. Looks Brand New! Excellent rental,l history in good location just outside Lincolnton. Each side has 2 bedrooms and 2 baths. Over 3/4 acre lot. Pictures attached are of several different units. Thanks for viewing.

Last Agent to Sell the Property

Nicole Hecht

Hecht Realty Inc. License #266689 Listed on: 09/11/2010

Last Buyer's Agent

Bob Hecht

Hecht Realty Inc. License #21858

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2001

Lot Details

  • 0.8

Home Design

  • Vinyl Siding

Flooring

  • Vinyl Flooring

Listing and Financial Details

  • Assessor Parcel Number 79047

Property Details

Home Type

Multi-Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.84516
  • Ratio Close Price By Original Li: 0.84516
  • Ratio Current Price By Acre: 147375.00
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Equipment: Electric Range, Electric Oven
  • Flooring: Carpet, Vinyl
  • Room Count: 4

Exterior Features

  • Construction: Brick Partial, Vinyl

Garage/Parking

  • Parking: Driveway

Utilities

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

Schools

  • Elementary School: G.e. Massey
  • Middle School: Lincolnton
  • High School: Lincolnton

Lot Info

  • Lot Dimension: 163x245x139x212
  • Lot Size Area: 0.800
  • Parcel Number: 79047
  • Zoning Specification: R-25

Tax Info

  • Tax Value: 136239.00
  • Tax Location: Lincoln

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2010
Closed on
Feb 20, 2013
Sold by
Roberts Larry M and Roberts Joyce H
Bought by
Cloninger & Cloninger Llc
Seller's Agent
Nicole Hecht
Hecht Realty Inc.
Buyer's Agent
Bob Hecht
Hecht Realty Inc.
List Price
$139,500
Sold Price
$117,900
Premium/Discount to List
-$21,600
-15.48%
Current Estimated Value
$327,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,746
Avg. Annual Appreciation
8.46%
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 Buyer Sale Price Title Company
Cloninger & Cloninger Llc $471,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2013 03/06/13 Sold $117,900 -15.5% $69 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
09/11/2010 09/11/10 For Sale $139,500 -- $81 / 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 $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 (Canopy Realtor® Association)

MLS Number: CAR9567207

Canopy MLS (Canopy Realtor® Association)

APN: 79047