NOT LISTED FOR SALE

709 Chestnut Dr High Point, NC 27262

Greater High Point Neighborhood

Estimated Value: $112,000 - $196,000

4 Beds
2 Baths
1,750 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 20, 2017

Last sale price $40,000 $23 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $839/month

434 Days on Market

About This Home

As of July 2017

Wonderful opportunity to own a duplex with tenants already in place! Each side has 2 bedrooms and 1 full bath!

Last Agent to Sell the Property

Nick Jordan

Keller Williams One License #256502 Listed on: 05/10/2016

Keller Williams One

Last Buyer's Agent

Nick Jordan

Keller Williams One License #256502 Listed on: 05/10/2016

Keller Williams One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $767

Year Built

  • Built in 1955

Lot Details

  • 7,405

Home Design

  • Duplex
  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Lot Dimensions are 50 x 140

Listing and Financial Details

  • Assessor Parcel Number 6890741430
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 1,750 Sq Ft Building

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$767

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 50 x 140
  • Directions: Westchester Dr to Chestnut, buildings accross the street from High Central High School
  • Building Stories: 2
  • Year Built: 1955
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • TRIADMLS_ApproxSqFtRange: 1500 - 1900

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Brick

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6890741430
  • Zoning: RM8
  • TRIADMLS_AcresRange: -

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 767.04
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Jul 19, 2017
Sold by
Kiem John Clayton and Kiem Jenette J
Bought by
Small Vanessa
Seller's Agent
Nick Jordan
Keller Williams One
Buyer's Agent
Nick Jordan
Keller Williams One
List Price
$38,000
Sold Price
$40,000
Premium/Discount to List
$2,000
5.26%
Current Estimated Value
$148,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,667
Avg. Annual Appreciation
16.79%

Purchase Details

Closed on
Feb 8, 2006
Sold by
Pruitt William Scott
Bought by
Kiem John Clayton and Kiem Jeanette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2005
Sold by
Thibodeau Walter and Thibodeau Beverly N
Bought by
Pruitt William Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
5.8%
Mortgage Type
Seller Take Back
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
Small Vanessa $40,000 None Available
Kiem John Clayton $93,000 None Available
Pruitt William Scott $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kiem John Clayton $74,400
Previous Owner Pruitt William Scott $77,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2017 07/20/17 Sold $40,000 +5.3% $23 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
05/10/2016 05/10/16 For Sale $38,000 -- $22 / Sq Ft
Source: Triad 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 $723 $52,500 $10,000 $42,500
2024 $723 $52,500 $10,000 $42,500
2023 $723 $52,500 $10,000 $42,500
2022 $708 $52,500 $10,000 $42,500
2021 $719 $52,200 $8,000 $44,200
2020 $719 $52,200 $8,000 $44,200
2019 $719 $52,200 $0 $0
2018 $716 $52,200 $0 $0
2017 $719 $52,200 $0 $0
2016 $763 $54,400 $0 $0
2015 $767 $54,400 $0 $0
2014 $780 $54,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nick Jordan

    Keller Williams One

    (336) 254-1309

    52 Total Sales

    Nick Jordan
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Map

Source: Triad MLS

MLS Number: 794501

Triad MLS

APN: 0187475

North Carolina Guilford County High Point 27262 Greater High Point

709 Chestnut Dr, High Point, NC

Not Listed for Sale

MultiFamily

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