NOT LISTED FOR SALE

900 College Place Ave Dobson, NC 27017

-- Bed
-- Bath
-- Sq Ft
1.71 Acres

Last Sold January 29, 2018

Last sale price $615,000

441 Days on Market

About This Home

As of January 2018

Great Investment Opportunity!! 24 units, current occupancy rating 100%. Great cap rate. New siding on 3 of the 4 buildings. Possible room to add more buildings. Parcel#499615620646,499615527136,499615528756,499615529796 being sold together. Contact listing agent for financials

Last Agent to Sell the Property

Robbie Sutton

Foothill Homes and Land LLC License #285793 Listed on: 09/08/2016

Last Buyer's Agent

Bobbie Collins

Homestead Realty License #53322

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,810

Year Built

  • Built in 1983

Lot Details

  • 1.71

Parking

  • Paved Parking

Home Design

  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 1.71 Acre Lot
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 499615620646
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 24 Units

Building Details

  • 24 Leased Units
  • Insurance Expense $2,050
  • Maintenance Expense $7,214
  • Other Expense $1,300
  • Water Sewer Expense $1,308
  • Gross Income $101,700
  • Net Operating Income $84,016

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,810

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.71
  • Lot Size: 0
  • Directions: Across from Surry Central High School
  • Architectural Style: Two Story
  • Building Stories: 2
  • Year Built: 1983
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_AdCopy: Great Investment Opportunity!! 24 units, current occupancy rating 100%. Great cap rate. New siding on 3 of the 4 buildings. Possible room to add more buildings. .
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • TRIADMLS_Storage: Closet

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Vinyl Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: On Site, Paved

Utilities

  • Sewer: Public Sewer
  • Cooling: Remarks
  • Heating: See Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Fee Information

  • Annual Water Sewer Expense: 1308

Lot Info

  • Parcel #: 499615620646
  • Zoning: R8A
  • TRIADMLS_PricePerAcre: 409298.2456
  • TRIADMLS_DeedPage: 321
  • TRIADMLS_DeedBook: 645
  • TRIADMLS_AcresRange: 2 - 2

Multi Family

  • Number Of Units Total: 24
  • Annual Gross Income: 101700
  • Insurance Expense: 2050
  • Maintenance Expense: 7214
  • Property Net Operating Income: 84016
  • Number Of Units Leased: 24

Tax Info

  • Tax Annual Amount: 4810
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.962

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $615,000 -15.2% --
11/24/2017 11/24/17 Pending -- -- --
09/08/2016 09/08/16 For Sale $725,000 -- --
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 808031

Triad MLS