NOT LISTED FOR SALE

812 E Market St Smithfield, NC 27577

Estimated Value: $176,000 - $250,395

5 Beds
2 Baths
3,759 Sq Ft
$55/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $157,000 $42 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,238/month

191 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Living Room
  • Wood Flooring
  • Corner Lot
  • Entrance Foyer

About This Home

As of April 2024

This is a great investment opportunity for a seasoned investor to fix and keep as a fantastic rental. It could be a dream home, however, the opportunities as an investment are numerous. There are group homes just dreaming that someone with ability will finish this property for them to purchase. There is a major entity that wants to rent this home for it's ''business needs'' for top dollar but just needs it to be finished. So many options. This property is best suited for an experienced cash investor. It has a rich history in the city. It has the foundation prepared, the windows, the siding, the roof all new---it is ready to have the interior designed and completed for your dream. Bring your creativity and visions BUT only real money for offers. Previous buyer could not get their funds. This property is grand-fathered in as residential. It could be converted to commercial but currently is residential in a mixed use area ensuring ''unlimited'' options. Designated off street parking is provided for at least 5 vehicles.

Last Agent to Sell the Property

Deborah Fedrick

Coldwell Banker HPW License #268924 Listed on: 01/13/2024

Coldwell Banker HPW

Last Buyer's Agent

Marissa Velazquez Nunez

EXP Realty LLC License #329992

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,854

Year Built

  • Built in 1912

Lot Details

  • 4,138 Sq Ft Lot
  • Lot Dimensions are 119.27x50.38x119.35x50.38
  • Corner Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 3,759 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • 3 Open Parking Spaces

Schools

  • W Smithfield Elementary School
  • Smithfield Middle School
  • Smithfield Selma High School

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 2000157597

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,854

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3759.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Lot Size Dimensions: 119.27x50.38x119.35x50.38
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Bedroom 5 Level: Second
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Remarks and Miscellaneous Syndication Remarks2: This is a great investment opportunity for a seasoned investor to fix and keep as a fantastic rental. It could be a dream home, however, the opportunities as an investment are numerous. There are group homes just dreaming that someone with ability will finish this property for them to purchase. There is a major entity that wants to rent this home for it's 'business needs' for top dollar but just needs it to be finished. So many options. This property is best suited for an experienced cash investor. Previous buyer could not obtain funds. This property is grand-fathered in as residential. It could be converted to commercial but currently is residential in a mixed use area ensuring 'unlimited' options. Designated off street parking is provided for at least 5 vehicles.
  • General Property Information Enhanced Accessible2: No
  • Heating None12: Yes
  • Room Types Entrance Hall: Yes
  • Cooling None4: Yes
  • General Property Information Above Grade Finished Area: 3759.0
  • General Property Information Carport YN: No
  • General Property Information Main Level Bedrooms: 1
  • General Property Information Lot Size Square Feet2: 4138.2
  • General Property Information Lot Size Acres: 0.095
  • General Property Information:Living Area3: 3759.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Interior Amenities: Entrance Foyer, Storage
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Storage3: Yes

Exterior Features

  • Acres: 0.1
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
  • Parking Features: On Street
  • Total Parking Spaces: 3.0
  • Parking Features:On Street: Yes
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 3.0

Utilities

  • Heating: None
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Public

Schools

  • Ninth Grade High School: Johnston - Smithfield Selma
  • Middle Or Junior School: Johnston - Smithfield

Lot Info

  • Lot Dimensions: 119.27x50.38x119.35x50.38
  • Lot Size Sq Ft: 4138.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 2000157597

Tax Info

  • Tax Annual Amount: 1854.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Johnston - W Smithfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Apr 15, 2024
Sold by
Bonnie Mac Llc
Bought by
Flores Angela Kaye
Seller's Agent
Deborah Fedrick
Coldwell Banker HPW
Buyer's Agent
Marissa Velazquez Nunez
EXP Realty LLC
List Price
$200,000
Sold Price
$157,000
Premium/Discount to List
-$43,000
-21.5%
Views
593
Current Estimated Value
$204,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,287
Avg. Annual Appreciation
16.99%
Original Mortgage
$266,300
Outstanding Balance
$199,875
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$7,724

Purchase Details

Closed on
Oct 11, 2021
Sold by
Bonnie Mac Llc
Bought by
Bonnie Mac Llc

Purchase Details

Closed on
Feb 10, 2011
Sold by
Sanders Michael Sylvester
Bought by
Bonnie Mac Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flores Angela Kaye $157,000 None Listed On Document
Bonnie Mac Llc -- None Available
Bonnie Mac Llc $62,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Angela Kaye $266,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2024 04/18/24 Sold $157,000 -15.1% $42 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $185,000 -7.5% $49 / Sq Ft
01/13/2024 01/13/24 For Sale $200,000 0.0% $53 / Sq Ft
12/16/2023 12/16/23 Off Market $200,000 -- --
10/14/2023 10/14/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $200,000 -- $53 / Sq Ft
Source: Doorify MLS

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 $1,834 $189,100 $66,910 $122,190
2024 $883 $71,230 $26,140 $45,090
2023 $1,797 $142,610 $44,430 $98,180
2022 $1,854 $142,610 $44,430 $98,180
2021 $1,752 $134,770 $36,590 $98,180
2020 $1,792 $134,770 $36,590 $98,180
2019 $1,792 $134,770 $36,590 $98,180
2018 $1,936 $143,440 $36,590 $106,850
2017 $1,936 $143,440 $36,590 $106,850
2016 $1,936 $143,440 $36,590 $106,850
2015 $1,936 $143,440 $36,590 $106,850
2014 $1,936 $143,440 $36,590 $106,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2531802

Doorify MLS

APN: 15027026