NOT LISTED FOR SALE

5595 American Way Denver, NC 28037

Estimated Value: $304,000 - $515,000

4 Beds
3 Baths
964 Sq Ft
$428/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $47,500 $49 Per Sq Ft

Est. 791% increase in value since last sale

Current estimated payment $2,474/month

393 Days on Market

About This Home

As of March 2017

Great opportunity for investors! Seller motivated! 1 singlewide and 1 doublewide on a 2 acre lot. The doublewide has had some remodeling. There is enough room to add up to 2 more doublewides onto property.

Last Agent to Sell the Property

Alexandra Dobrin

Fathom Realty NC LLC License #268742 Listed on: 01/26/2016

Fathom Realty NC LLC

Last Buyer's Agent

Alexandra Dobrin

Fathom Realty NC LLC License #268742 Listed on: 01/26/2016

Fathom Realty NC LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 2.11

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Flooring

  • Tile
  • Vinyl

Additional Features

  • 3 Full Bathrooms
  • Crawl Space
  • Well

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 33766

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.55882
  • Ratio Close Price By Original Li: 0.50000
  • Ratio Current Price By Acre: 22511.85
  • Ratio Current Price By Sq Ft: 49.27
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Tile, Vinyl, Carpet
  • Laundry Location: Main
  • Total Sq Ft: 964

Exterior Features

  • Construction: Vinyl

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Pumpkin Center
  • Middle School: North Lincoln
  • High School: North Lincoln

Lot Info

  • Lot Dimension: 353.5X255.6X347X255.6
  • Lot Size Area: 2.110
  • Parcel Number: 33766
  • Plat Book Slide: 2381/323
  • Zoning Specification: R-T

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 80984.00
  • Tax Location: Lincoln

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2018
Sold by
Rotolo Sam and Rotolo Suzanne
Bought by
Rotolo Samuel John and Rotolo Suzanne Lynne
Current Estimated Value
$423,333

Purchase Details

Listed on
Jan 26, 2016
Closed on
Mar 11, 2017
Sold by
Healy Scott Michael and Healy Danyel Jean
Bought by
Rotolo Sam and Rotolo Suzanne
Seller's Agent
Alexandra Dobrin
Fathom Realty NC LLC
Buyer's Agent
Alexandra Dobrin
Fathom Realty NC LLC
List Price
$95,000
Sold Price
$47,500
Premium/Discount to List
-$47,500
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.58%
Original Mortgage
$46,750
Outstanding Balance
$39,249
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$329,084

Purchase Details

Closed on
Feb 6, 2013
Sold by
Sutton Rachel Payne
Bought by
Healy Scott Michael

Purchase Details

Closed on
Feb 18, 1998
Bought by
Sutton Rachel Payne
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
Rotolo Samuel John -- None Available
Rotolo Sam $47,500 None Available
Healy Scott Michael $60,000 None Available
Sutton Rachel Payne $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rotolo Sam $46,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $47,500 -50.0% $49 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
01/26/2016 01/26/16 For Sale $95,000 -- $99 / 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 $1,874 $249,843 $72,905 $176,938
2023 $1,854 $249,843 $72,905 $176,938
2022 $1,434 $147,307 $56,121 $91,186
2021 $1,267 $140,307 $49,121 $91,186
2020 $1,009 $140,307 $49,121 $91,186
2019 $977 $140,307 $49,121 $91,186
2018 $786 $66,196 $46,129 $20,067
2017 $469 $66,196 $46,129 $20,067
2016 $469 $66,196 $46,129 $20,067
2015 $631 $66,196 $46,129 $20,067
2014 $806 $56,638 $47,638 $9,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3143846

Canopy MLS (Canopy Realtor® Association)

APN: 33766