$180,000
SOLD JAN 30, 2018
5 Beds
5 Baths
3,555 Sq Ft
7,261 Sq Ft Lot

Recently Sold

$51 Per Sq Ft

40% Below List Price

443 Days on Market

Highlights

  • Deck
  • 3 Fireplaces
  • Porch
  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

Location! Location! Currently used as a quadraplex but must be converted back to a triplex. Three 1 bedroom units, one 2 bedroom unit and a beauty parlor. Perfect investment property or can be converted into one grand residence! Seller will pay $5000.00 of buyer's closing costs with an acceptable offer.

Last Agent to Sell the Property

Adell Bernard

Bernard & Associates Realty License #140656 Listed on: 06/20/2016

Co-Listed By

Willie Black

Bernard & Associates Realty

Last Buyer's Agent

Willie Black

eXp Realty License #244643

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,407

Year Built

  • Built in 1920

Lot Details

  • 7,261 Sq Ft Lot
  • Lot Dimensions are 44 x 164

Home Design

  • Triplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector
  • Stove

Flooring

  • Wood
  • Carpet
  • Vinyl Plank

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Snipes Elementary School
  • Virgo Middle School
  • New Hanover High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04817-023-018-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,407

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Triplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 1st Floor, 2nd Floor
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Fireplace: 3+
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors
  • Laundry Location: None
  • List Price per Sq Ft: 77.80
  • Total Bathrooms: 5.00
  • Number Bedrooms Total: 5

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Other See Remarks: Parking area in rear
  • Parking Driveway: Off Street, On Site

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Natural Gas
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: Yes

Lot Info

  • Deed Page: 527.00
  • Lot Acres: 0.17
  • Lot Dimensions: 44 x 164
  • Lot Sq Ft: 7261.00
  • Plat Book: 1297
  • Plat Page: 527
  • Zoning: R-5

Tax Info

  • Tax Identifier: R04817-023-018-000
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 2407.00

Multi Family

  • Number Total Units: 4

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Virgo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 9, 2019
Sold by
Richardet Aaron and Richardet Danielle
Bought by
A & D Better Rentals Llc
Seller's Agent
Jeff Lesley
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
The Domenico Grillo Real Estate Team
Coldwell Banker Sea Coast Advantage
List Price
$224,900
Sold Price
$211,000
Premium/Discount to List
-$13,900
-6.18%
Current Estimated Value
$613,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,937
Avg. Annual Appreciation
18.31%
Original Mortgage
$169,564
Outstanding Balance
$150,030
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$451,454

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 7, 2019
Sold by
Biggs Carl L and Biggs Jossie P
Bought by
Richardet Aaron
Seller's Agent
Jeff Lesley
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
The Domenico Grillo Real Estate Team
Coldwell Banker Sea Coast Advantage
List Price
$224,900
Sold Price
$211,000
Premium/Discount to List
-$13,900
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,564
Outstanding Balance
$150,030
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$451,454

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jan 24, 2018
Sold by
Testamentary Thomas Tasha B and Testamentary Ruben C Gallashaw
Bought by
Biggs Carl L and Biggs Jossie P
Seller's Agent
Adell Bernard
Bernard & Associates Realty
Buyer's Agent
Willie Black
eXp Realty
List Price
$298,000
Sold Price
$180,000
Premium/Discount to List
-$118,000
-39.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%

Purchase Details

Closed on
Feb 27, 2017
Sold by
Thomas Tasha B and Estate Of Robert A Thomas
Bought by
Thomas Tasha B and Goldring Tonja

Purchase Details

Closed on
Aug 1, 1985
Sold by
Mckoy Thomascenia Dillard
Bought by
Thomas Robert A Glancy P

Purchase Details

Closed on
Feb 1, 1978
Bought by
Mckoy Thomascenia Dillard
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $211,000 None Available
Warranty Deed $180,000 None Available
Interfamily Deed Transfer -- None Available
Deed $21,000 --
Deed $5,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $169,564 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $211,000 -6.2% $59 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $224,900 +24.9% $63 / Sq Ft
01/30/2018 01/30/18 Sold $180,000 -39.6% $51 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
06/20/2016 06/20/16 For Sale $298,000 -- $84 / Sq Ft
Source: Hive 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
2023 $2,728 $313,600 $52,300 $261,300
2022 $2,666 $313,600 $52,300 $261,300
2021 $0 $313,600 $52,300 $261,300
2020 $2,364 $224,400 $48,500 $175,900
2019 $2,364 $224,400 $48,500 $175,900
2018 $2,364 $224,400 $48,500 $175,900
2017 $2,364 $224,400 $48,500 $175,900
2016 $2,518 $227,300 $52,700 $174,600
2015 $2,407 $227,300 $52,700 $174,600
2014 $2,305 $227,300 $52,700 $174,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100017479

Hive MLS

APN: R04817-023-018-000