NOT LISTED FOR SALE

861 Armstrong Ln Denver, NC 28037

Denver Area

Estimated Value: $216,000 - $936,000

16 Beds
8 Baths
812 Sq Ft
$715/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2021

Last sale price $880,000 $1,084 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $3,627 / mo

3 Days on Market

About This Home

As of March 2021

Investor Alert! 4 Duplexes to be sold together, Parcel# 57120 and 57523. (Total of 8 units.)
Fantastic location in the heart of Denver. Just minutes to Major Shopping Centers. Minutes to Hwy 73 and Rt 16.
Please Do Not walk onto the properties nor disturb the tenants. Hurry on these, they don't come available very often.

Last Agent to Sell the Property

Lou Sorrento

Sorrento Realty Group LLC License #247547 Listed on: 03/03/2021

Last Buyer's Agent

Lou Sorrento

Sorrento Realty Group LLC License #247547 Listed on: 03/03/2021

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 1.84

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Vinyl Flooring
  • 8 Full Bathrooms
  • Septic Tank

Listing and Financial Details

  • Tenant pays for all utilities, all except water
  • Assessor Parcel Number 57120

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

1.84 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 478260.87
  • Ratio Current Price By Sq Ft: 1083.74
  • Year Built: 1992
  • Property Features: Dishwasher, Range/Oven
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Equipment: Dishwasher, Electric Range
  • Flooring: Vinyl
  • Laundry Location: Main
  • Total Sq Ft: 812

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: Electric

Lot Info

  • Parcel Number: 57120
  • Zoning Specification: R-S

Rental Info

  • Tenant Pays: All Utilities, All except water

Tax Info

  • Tax Value: 580000.00
  • Tax Location: Denver

Multi Family

  • Unit Count: 8
  • Number Of Units Total: 8

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

Listed on
Mar 3, 2021
Closed on
Mar 30, 2021
Sold by
Maiden Square Llc
Bought by
Seller's Agent
Lou Sorrento
Sorrento Realty Group LLC
Buyer's Agent
Lou Sorrento
Sorrento Realty Group LLC
List Price
$880,000
Sold Price
$880,000
Current Estimated Value
$580,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$299,414
Avg. Annual Appreciation
-7.40%

Purchase Details

Closed on
Nov 29, 2019
Sold by
Campbell K Joel K and Campbell Judy Tilley
Bought by
Department Of Transportation

Purchase Details

Listed on
Mar 10, 2017
Closed on
Apr 11, 2017
Sold by
Legacy Agency Llc
Bought by
Maiden Square Llc
Seller's Agent
Erin Boyd
Southern Homes of the Carolinas, Inc
Buyer's Agent
Lou Sorrento
Sorrento Realty Group LLC
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.58%

Purchase Details

Closed on
Dec 23, 2009
Sold by
Hinson Beverly C and Hinson Scott
Bought by
Legacy Agency Llc

Purchase Details

Closed on
Mar 23, 2005
Sold by
Dellinger Marcus C and Dellinger Angela B
Bought by
Hinson Beverly C and Hinson Terry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,600
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 1991
Bought by
Dellinger Marcus C Lyndon C Dellin
Source: Public Records

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
$880,000 Master Title Agency Llc
Department Of Transportation $128,150 None Available
Maiden Square Llc $550,000 None Available
Legacy Agency Llc -- Chicago Title Insurance Co
Hinson Beverly C $360,000 None Available
Dellinger Marcus C Lyndon C Dellin $22,500 --
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 $365,000
Previous Owner Hinson Beverly C $389,600
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 Prior Sale
03/30/2021 03/30/21 Sold $880,000 0.0% $1,084 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $880,000 +60.0% $1,084 / Sq Ft
04/12/2017 04/12/17 Sold $550,000 -8.2% $85 / Sq Ft View Prior Sale
03/13/2017 03/13/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $599,000 -- $92 / 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 $5,273 $733,892 $90,974 $642,918
2024 $5,134 $733,892 $90,974 $642,918
2023 $5,104 $733,892 $90,974 $642,918
2022 $3,905 $435,024 $105,000 $330,024
2021 $3,927 $435,024 $105,000 $330,024
2020 $3,032 $435,024 $105,000 $330,024
2019 $3,032 $435,024 $105,000 $330,024
2018 $2,973 $338,178 $100,500 $237,678
2017 $2,367 $338,178 $100,500 $237,678
2016 $2,357 $338,178 $100,500 $237,678
2015 $2,930 $179,726 $100,500 $79,226
2014 $2,992 $363,903 $108,000 $255,903
Source: Public Records

Agents Affiliated with this Home

  • Lou Sorrento Real Estate Agent - Sorrento Realty Group LLC

    Seller's Agent in 2021

    Lou Sorrento

    Sorrento Realty Group LLC

    (704) 654-1177

    35 Total Sales

    Lou Sorrento
    Section Image
  • Erin Boyd Real Estate Agent - Southern Homes of the Carolinas, Inc

    Seller's Agent in 2017

    Erin Boyd

    Southern Homes of the Carolinas, Inc

    (757) 647-0097

    49 Total Sales

    Erin Boyd
    Section Image

  • PH

    Seller Co-Listing Agent in 2017

    Pamela Clanton Hill

    Southern Homes of the Carolinas, Inc

See All Agents

Map

Source: Canopy MLS

MLS Number: CAR3713725

Canopy MLS

APN: 57120

North Carolina Lincoln County Denver 28037

861 Armstrong Ln, Denver, NC

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Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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