NOT LISTED FOR SALE

Estimated Value: $65,000 - $158,000

2 Beds
2 Baths
1,065 Sq Ft
$96/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $8,000 $8 Per Sq Ft

Est. 1,175% increase in value since last sale

Current estimated payment $628/month

1 Day on Market

About This Home

As of February 2012

Foreclosure, priced $32,000 below tax value for immediate sale. Each unit rented for $300/month. To be sold as is. Attached addendum to be included with all offers.

Last Agent to Sell the Property

Sam Ogburn Jr, CCIM, CPM

Ogburn Properties License #42500 Listed on: 01/31/2012

Last Buyer's Agent

Wrenchel Stokes

Lifestyle International Realty License #171824

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 7,405

Home Design

  • Duplex

Utilities

  • No Heating
  • Electric Water Heater

Additional Features

  • 1-Story Property
  • 7,405 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 1,065 Sq Ft Building

Listing and Financial Details

  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Lot Size: 0
  • Directions: N Main St, R Vail, L Mobile
  • Building Stories: 1
  • Year Built: 1971
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • TRIADMLS_ApproxSqFtRange: 1065

Exterior Features

  • Construction Type: Block

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Zoning: Rm-8
  • TRIADMLS_DeedPage: 901
  • TRIADMLS_DeedBook: 7289

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 592.2
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2025
Sold by
S & L Development And Properties Llc
Bought by
Platinum Property Investments Llc
Total Days on Market
1
Current Estimated Value
$102,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$95,000
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$7,000

Purchase Details

Listed on
Jan 31, 2012
Closed on
Feb 21, 2012
Sold by
Branch Banking & Trust Company
Bought by
S & L Development & Properties Llc
Seller's Agent
Sam Ogburn Jr, CCIM, CPM
Ogburn Properties
Buyer's Agent
Wrenchel Stokes
Lifestyle International Realty
List Price
$9,000
Sold Price
$8,000
Premium/Discount to List
-$1,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.08%

Purchase Details

Closed on
Nov 3, 2011
Sold by
Baker Properties I Llc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Jun 6, 2007
Sold by
Baker Simpson and Baker Lillian B
Bought by
Baker Properties I Llc

Purchase Details

Closed on
Sep 28, 2006
Sold by
Harrell Willie J
Bought by
Baker Simpson and Baker Lillian
Source: Public Records

Range of Values:

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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
Platinum Property Investments Llc $79,500 None Listed On Document
Platinum Property Investments Llc $79,500 None Listed On Document
S & L Development & Properties Llc $8,000 None Available
Branch Banking & Trust Company $23,400 None Available
Baker Properties I Llc -- None Available
Baker Simpson $28,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platinum Property Investments Llc $95,000
Closed Platinum Property Investments Llc $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2012 02/24/12 Sold $8,000 -11.1% $8 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $9,000 -- $8 / 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
2023 $700 $50,800 $12,000 $38,800
2022 $685 $50,800 $12,000 $38,800
2021 $562 $40,800 $8,500 $32,300
2020 $562 $40,800 $8,500 $32,300
2019 $562 $40,800 $0 $0
2018 $559 $40,800 $0 $0
2017 $562 $40,800 $0 $0
2016 $575 $41,000 $0 $0
2015 $578 $41,000 $0 $0
2014 $588 $41,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 632749

Triad MLS

APN: 0172917