Seller's Agent in 2022
Michael Morgan
RE/MAX Executives Charlotte, NC
(704) 224-6941
2 in this area
237 Total Sales
900 S Highway 27 Stanley, NC 28164
Estimated Value: $222,477
2
Beds
2
Baths
2,000
Sq Ft
$111/Sq Ft
Est. Value
Highlights
- Deck
- Detached Garage
- Forced Air Heating System
- No HOA
- Front Porch
- Fenced
About This Home
As of December 2022Perfect property for Creative Buyers!! Located in a highly visible location with 160' of frontage on Hwy. 27 and across the street from Stanley's newest residential community! Currently zoned R-20, ONLY Residential use is currently permitted! This property was originally home to a mixed use business/ retail facility. The lower level was originally the showroom/office and is heated but not finished.The upper level is divided into two apartments, and some renovations have been started/completed including a bathroom remodel. The property also includes a large detached garage that was also used for equipment storage. At this price, purchase the property and uplift the upper living quarters while using the lower portion or the fenced back yard for storage. - All county records show this as retail/commercial, however the city has provided documentation of R-20 zoning/WOULD REQUIRE REZONING TO DO ANY USE OTHER THAN RESIDENTIAL Gas pack for the upper level no longer on the property
Last Agent to Sell the Property
RE/MAX Executive License #219912 Listed on: 08/08/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,580
Year Built
- Built in 1990
Lot Details
- 0.38 Acre Lot
- Fenced
- Property is zoned R-20
Home Design
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Electric Range
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- Detached Garage
- Workshop in Garage
Outdoor Features
- Deck
- Front Porch
Schools
- Springfield Elementary School
- Stanley Middle School
- East Gaston High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 175875
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 9, 2024
Sold by
Cordova Quinonez Wilfredo and Arita Echeverria Jenny
Bought by
Arita Brothers Construction Llc
Current Estimated Value
Purchase Details
Listed on
Aug 8, 2022
Closed on
Dec 7, 2022
Sold by
Lyman Llc
Bought by
Cordova Quinonez Wilfredo and Arita Echeverria Jenny
Seller's Agent
Michael Morgan
RE/MAX Executive
Buyer's Agent
Celia Leland
Celia Estrada, REALTORS
List Price
$250,000
Sold Price
$172,500
Premium/Discount to List
-$77,500
-31%
Views
83
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Purchase Details
Closed on
Dec 30, 1999
Sold by
Pss Inc
Bought by
Lyman Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.68%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arita Brothers Construction Llc | $215,000 | None Listed On Document | |
| Arita Brothers Construction Llc | $215,000 | None Listed On Document | |
| Cordova Quinonez Wilfredo | $172,500 | -- | |
| Lyman Llc | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lyman Llc | $77,000 | |
| Previous Owner | Lyman Llc | $50,000 | |
| Previous Owner | Lyman Llc | $310,000 | |
| Previous Owner | Lyman Llc | $25,000 | |
| Previous Owner | Lyman Llc | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2022 12/07/22 | Sold | $172,500 | -13.7% | $86 / Sq Ft |
| 11/08/2022 11/08/22 | Price Changed | $199,900 | -20.0% | $100 / Sq Ft |
| 08/08/2022 08/08/22 | For Sale | $250,000 | -- | $125 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,580 | $145,100 | $38,500 | $106,600 |
| 2024 | $1,641 | $150,660 | $38,500 | $112,160 |
| 2023 | $1,657 | $150,660 | $38,500 | $112,160 |
| 2022 | $1,503 | $111,350 | $20,000 | $91,350 |
| 2021 | $1,526 | $111,350 | $20,000 | $91,350 |
| 2019 | $1,537 | $111,350 | $20,000 | $91,350 |
| 2018 | $1,211 | $85,891 | $21,200 | $64,691 |
| 2017 | $1,211 | $85,891 | $21,200 | $64,691 |
| 2016 | $2,523 | $178,935 | $0 | $0 |
| 2014 | $2,710 | $192,185 | $41,382 | $150,803 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Morgan
-
Jeana Morgan
Seller Co-Listing Agent in 2022
Jeana Morgan
RE/MAX Executives Charlotte, NC
(704) 577-7753
1 in this area
135 Total Sales
-
Celia Leland
Buyer's Agent in 2022
Celia Leland
Celia Estrada, REALTORS
(980) 722-9298
2 in this area
124 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3892277
APN: 175875
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