NOT LISTED FOR SALE

615 Dumaine St Eden, NC 27288

Eden Area
-- Bed
-- Bath
-- Sq Ft
0.68 Acre Lot

Sale Details

Date Sold: April 20, 2023

Last sale price $335,000

140 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heat Pump System

About This Home

As of April 2023

This apartment complex is ideally located close to the Leaksville section of Eden that is undergoing a revitalization with several new boutiques and restaurants that are already open for business. In addition shopping, medical facilities are close by. The complex consists of (4) 2 bedroom units that have been completely renovated and (4) 1 bedroom units that need updating but two of which are currently rented. With these (4) units updated the monthly rental amount could increase cash flow to around $700 per month each. Depending on the buyers financial arrangements a cap rate greater than 3-4% is very achievable.

Last Agent to Sell the Property

Liz Eckler

Realty One Group Results Reidsville License #151110 Listed on: 10/11/2022

Realty One Group Results Reidsville

Last Buyer's Agent

Jason Coleman

eXp Realty License #309381

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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,445

Year Built

  • Built in 1980

Lot Details

  • 0.68

Interior Spaces

  • Insulated Windows
  • Insulated Doors

Parking

  • 12 Parking Spaces
  • No Garage
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • 29,621 Sq Ft Lot
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 137686
  • 1% Total Tax Rate

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,445

Year Built

Built in 1980

Lot Details

0.68 Acres

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.68
  • Directions: Follow Boone Rd. from Eden Leaksville section for approximately 1 mile and then turn right onto Highland Drive, then an immediate right onto College Dr., follow to a dead end and then turn right and go down the hill to the complex.
  • Year Built: 1980
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Door Features: Insulated Doors
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Paved, No Garage
  • Total Parking Spaces: 12
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 137686
  • Zoning: R12ED
  • TRIADMLS_PlatBook: DB898-P223
  • TRIADMLS_AcresRange: 1 - 1

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 8
  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 2445
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.304

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Apr 19, 2023
Sold by
Bought by
Seller's Agent
Liz Eckler
Realty One Group Results Reidsville
Buyer's Agent
Jason Coleman
eXp Realty
List Price
$550,000
Sold Price
$335,000
Premium/Discount to List
-$215,000
-39.09%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,000
Outstanding Balance
$436,487
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 29, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,200
Interest Rate
4.79%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Eden, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$335,000 None Listed On Document
$175,000 None Listed On Document
$206,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $454,000
Previous Owner $260,000
Previous Owner $206,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/20/2023 04/20/23 Sold $335,000 0.0% --
03/01/2023 03/01/23 Pending -- -- --
02/28/2023 02/28/23 Off Market $335,000 -- --
02/16/2023 02/16/23 Price Changed $470,000 -3.1% --
02/09/2023 02/09/23 Price Changed $485,000 -11.8% --
10/11/2022 10/11/22 For Sale $550,000 -- --
Source: Triad MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,296 $295,618 $17,250 $278,368
2024 $3,292 $295,618 $17,250 $278,368
2023 $3,292 $187,481 $17,250 $170,231
2022 $2,445 $187,481 $17,250 $170,231
2021 $2,445 $187,481 $17,250 $170,231
2020 $2,445 $187,481 $17,250 $170,231
2019 $2,445 $187,481 $17,250 $170,231
2018 $2,419 $185,385 $17,250 $168,135
2017 $2,419 $185,385 $17,250 $168,135
2014 -- $185,385 $17,250 $168,135
Source: Public Records

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Map

Source: Triad MLS

MLS Number: 1086573

Triad MLS
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