NOT LISTED FOR SALE

Estimated Value: $260,000 - $379,271

4 Beds
3 Baths
2,166 Sq Ft
$143/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $200,000 $92 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,883/month

26 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heat Pump System
  • Easley Elementary Rated A-

About This Home

As of May 2021

Value add duplex sell "as is". Both units are occupied with long term tenants. Tenant pays all utilities. New HVAC for unit B. Month to month lease on both units. Rent is below market. Potential rent increase to $950-$1050. Section 8 will be around $1000. Same owner is selling 1429 cherrycrest and 1424 cherrycrest. Three properties are deeded separately.

Last Agent to Sell the Property

Iris Lee

Sunshine Properties LLC License #293591 Listed on: 03/25/2021

Last Buyer's Agent

Rajesh Yarlagadda

Parkside Realty Inc. License #278404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,272

Year Built

  • Built in 1984

Parking

  • Off-Street Parking

Home Design

  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Basement

  • Crawl Space

Schools

  • Holt Elementary School
  • Carrington Middle School
  • Riverside High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • 2 Units
  • Village Green Subdivision

Building Details

  • Gross Income $1,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,272

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Income
  • Subdivision Name: Village Green
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Schools

  • Ninth Grade High School: Durham - Riverside
  • Middle Or Junior School: Durham - Carrington

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2272.0
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1250.0

MLS Schools

  • Elementary School: Durham - Holt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 27, 2021
Sold by
Xu Li and Feng Jun
Bought by
Kankanala Mrudula and Kotha Rajesh
Seller's Agent
Iris Lee
Sunshine Properties LLC
Buyer's Agent
Rajesh Yarlagadda
Parkside Realty Inc.
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Current Estimated Value
$308,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,818
Avg. Annual Appreciation
9.88%
Original Mortgage
$150,000
Outstanding Balance
$135,725
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$173,093

Purchase Details

Closed on
Feb 20, 2019
Sold by
Hatteras Rentals Llc
Bought by
Feng Jun and Xu Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2018
Sold by
Sud Holdings Llc
Bought by
Hatters Rentals Llc

Purchase Details

Closed on
Jun 19, 2013
Sold by
Sud Anu A and Sud Ann A
Bought by
Sud Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kankanala Mrudula $200,000 None Available
Feng Jun $150,000 None Available
Hatters Rentals Llc $360,000 None Available
Sud Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kankanala Mrudula $150,000
Previous Owner Feng Jun $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $200,000 -- --
05/27/2021 05/27/21 Sold $200,000 -9.1% $92 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $220,000 -- $102 / Sq Ft
Source: Doorify MLS

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 $3,220 $324,832 $92,021 $232,811
2024 $2,548 $182,694 $28,274 $154,420
2023 $2,393 $182,694 $28,274 $154,420
2022 $2,338 $182,694 $28,274 $154,420
2021 $2,327 $182,694 $28,274 $154,420
2020 $2,273 $182,694 $28,274 $154,420
2019 $2,273 $182,694 $28,274 $154,420
2018 $2,013 $148,382 $28,560 $119,822
2017 $1,998 $148,382 $28,560 $119,822
2016 $1,931 $148,382 $28,560 $119,822
2015 $1,661 $120,000 $25,421 $94,579
2014 $1,661 $120,000 $25,421 $94,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2374242

Doorify MLS

APN: 127217