NOT LISTED FOR SALE
4 Beds
2 Baths
1,626 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: March 14, 2022

Last sale price $260,000 $160 Per Sq Ft

4 Days on Market

About This Home

As of March 2022

Have you been looking for your next investment? This may be the one for you! Full brick duplex minutes from downtown Stanley. Each unit has two bedrooms, one bathroom, living room, kitchen and patio. Large driveway offers plenty of parking for tenants. This duplex has a solid rental history with excellent income producing opportunity.

Last Agent to Sell the Property

Amy Gilleland

Gilleland Realty Inc License #305900 Listed on: 02/18/2022

Last Buyer's Agent

Cathy Lynch

#1 Properties of Lake Norman License #170942

#1 Properties of Lake Norman
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 0.3

Parking

  • Driveway

Home Design

  • 1,626 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Additional Features

  • Patio
  • Heat Pump System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance
  • Assessor Parcel Number 133160

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Year Built: 2006
  • Ratio Current Price By Acre: 866666.67
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Sq Ft Unheated Basement: 0
  • Porch: Patio
  • Appliances: Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1626
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2

Exterior Features

  • New Construction: No
  • Tax Location: Stanley
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, In Kitchen
  • Water Source: Public

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 133160
  • Zoning Description: Res

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: All Utilities
  • Pets Allowed: No

Tax Info

  • RATIO List Price By Tax Amount: 1.84397

Multi Family

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

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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

Closed on
May 29, 2024
Sold by
Bought by

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 14, 2022
Sold by
Bought by
Seller's Agent
Amy Gilleland
Gilleland Realty Inc
Buyer's Agent
Cathy Lynch
#1 Properties of Lake Norman
List Price
$260,000
Sold Price
$260,000

Purchase Details

Closed on
Aug 6, 2008
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
$120,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2006
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
$28,800
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Stanley, 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
-- None Listed On Document
$520 Box Mail
$120,000 None Available
$32,000 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
Previous Owner $180,000
Previous Owner $120,000
Previous Owner $28,800
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
03/14/2022 03/14/22 Sold $260,000 0.0% $160 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $260,000 -- $160 / Sq Ft
Source: Canopy 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 $2,980 $273,680 $18,000 $255,680
2024 $2,980 $273,680 $18,000 $255,680
2023 $3,010 $273,680 $18,000 $255,680
2022 $1,904 $141,000 $7,000 $134,000
2021 $1,932 $141,000 $7,000 $134,000
2019 $1,946 $141,000 $7,000 $134,000
2018 $1,600 $113,461 $8,400 $105,061
2017 $1,600 $113,461 $8,400 $105,061
2016 $1,600 $113,461 $0 $0
2014 $1,472 $104,387 $10,500 $93,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 3829261

Canopy MLS

APN: 133160

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