NOT LISTED FOR SALE

Estimated Value: $345,630 - $583,000

4 Beds
4 Baths
2,326 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $220,000 $95 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,941/month

14 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Porch
  • Wood Fence

About This Home

As of June 2018

Calling all investors. This home is subdivided into three units. Two ones bedrooms on the first floor and a three bedroom on the second floor. Rents could increase $50 per unit and will rent easily at that rate. Great area and great investment.

Last Agent to Sell the Property

Logan Sullivan

Wilde Irish Realty, LLC. Listed on: 05/04/2018

Last Buyer's Agent

Jennifer Ford

RE/MAX Essential License #147538

RE/MAX Essential

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,681

Year Built

  • Built in 1920

Lot Details

  • 3,842 Sq Ft Lot
  • Lot Dimensions are 47x82
  • Property fronts an alley
  • Wood Fence
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 4 Bathrooms
  • 2-Story Property
  • Crawl Space
  • Attic Access Panel
  • Gas Oven
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Outdoor Features

  • Porch

Schools

  • Gregory Math/Science Elementary School
  • Williston Middle School
  • New Hanover High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number R04817-044-006-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,681

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Triplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wash/Dry Connect
  • List Price per Sq Ft: 115.22
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 4

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Alley, Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No
  • Pool Spa: None

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Gas
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Municipal Sewer, Municipal Water, Natural Gas Available

Association/Amenities

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

Lot Info

  • Deed Page: 1225.00
  • Lot Acres: 0.09
  • Lot Description: Corner Lot
  • Lot Dimensions: 47x82
  • Lot Sq Ft: 3842.00
  • Zoning: R-3

Rental Info

  • Annual Gross Rental Income Collected: 29400

Tax Info

  • Tax Identifier: R04817-044-006-000
  • Tax Year: 2017

Multi Family

  • Number Total Units: 3

MLS Schools

  • Elementary School: Gregory Math/Science
  • High School: New Hanover
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2019
Sold by
Laffey Ryan and Laffey Kathryn
Bought by
Rml3 Llc
Current Estimated Value
$486,658

Purchase Details

Listed on
May 4, 2018
Closed on
May 29, 2018
Sold by
D & S Downtown Properties Llc
Bought by
Laffey Ryan
Seller's Agent
Logan Sullivan
Wilde Irish Realty, LLC.
Buyer's Agent
Jennifer Ford
RE/MAX Essential
List Price
$265,000
Sold Price
$220,000
Premium/Discount to List
-$45,000
-16.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%
Original Mortgage
$165,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2010
Sold by
Gerity Summit Joan and Summit Jonathan
Bought by
D & S Downtown Properties Llc

Purchase Details

Closed on
Dec 22, 2006
Sold by
Douglas Dorothy
Bought by
Gerity Summit Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2005
Sold by
Douglas Dorothy
Bought by
Douglas Dorothy and Dorothy Douglas Trust

Purchase Details

Closed on
Dec 1, 2004
Sold by
Wilde Trieste
Bought by
Douglas Dorothy

Purchase Details

Closed on
Feb 11, 1999
Sold by
Snyder Richard C Patricia
Bought by
Wilde Trieste

Purchase Details

Closed on
Oct 1, 1986
Sold by
Willis Clarence
Bought by
Snyder Richard C Patricia

Purchase Details

Closed on
Nov 1, 1966
Bought by
Willis Helen
Source: Public Records

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Range of Values:

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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
Rml3 Llc -- None Available
Laffey Ryan $220,000 None Available
D & S Downtown Properties Llc $245,000 None Available
Gerity Summit Joan $265,000 None Available
Douglas Dorothy -- None Available
Douglas Dorothy $180,000 --
Wilde Trieste $154,500 --
Snyder Richard C Patricia $4,000 --
Willis Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laffey Ryan $165,000
Previous Owner D & S Downtown Properties Llc $425,000
Previous Owner Gerity Summit Joan $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $220,000 -17.0% $95 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $265,000 -- $114 / 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 $2,681 $308,200 $61,000 $247,200
2022 $2,620 $308,200 $61,000 $247,200
2021 $2,638 $308,200 $61,000 $247,200
2020 $2,872 $272,600 $51,100 $221,500
2019 $2,872 $272,600 $51,100 $221,500
2018 $2,872 $272,600 $51,100 $221,500
2017 $2,872 $272,600 $51,100 $221,500
2016 $2,563 $231,300 $62,600 $168,700
2015 $2,449 $231,300 $62,600 $168,700
2014 $2,345 $231,300 $62,600 $168,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100114497

Hive MLS

APN: R04817-044-006-000