NOT LISTED FOR SALE

902 West Ave NW Lenoir, NC 28645

Estimated Value: $744,166

-- Bed
-- Bath
-- Sq Ft
2,483 Sq Ft Lot

Last Sold February 28, 2023

Last sale price $600,000

Est. 24% increase in value since last sale

Current estimated payment $4,388/month

210 Days on Market

About This Home

As of February 2023

Commercial building on corner lot in downtown Lenoir. Current owners are local artists & end users. Multiple options for usage for cash flow/investment. First floor consists of 2392 sq ft of retail space with great window displays, open gallery, high ceilings with original 1920's tin-tiles & terrazine floors. First floor also contains office/studio space, storage, a kitchenette & half bath. Two side entrances. Living quarters upstairs, offering an amazing opportunity for additional income or live-in situation. 2nd floor is comprised of 3 bedrooms, 2 full bathrooms, half bath, laundry room, spacious living room with tons of natural light, gas fireplace, gorgeous kitchen with reclaimed wood counters & dining area. 3rd floor is a 294 sq ft sun room with access to the rooftop deck! Lovely views of the city & mountains. Possibility of renting main floor retail space to one or multiple tenants depending on upfitting. Opportunities are endless in regards to living quarters above as well!

Last Agent to Sell the Property

Patrick Morgan

Keller Williams High County License #187695 Listed on: 06/02/2022

Keller Williams High County

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,531

Year Built

  • Built in 1925

Lot Details

  • Corner Lot
  • Property is zoned B-3

Interior Spaces

  • 3-Story Property

Community Details

  • No Home Owners Association
  • 5,364 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 06118B

Property Details

Property Type

Other

Est. Annual Taxes

$2,531

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Commercial
  • Business Type: Remarks, Retail
  • Directions: Use GPS
  • Building Stories: 3
  • Year Built: 1925
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None
  • Stories: 3

Exterior Features

  • Lot Features: City Lot, Corner Lot

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 06118B
  • Zoning: B-3
  • TRIADMLS_DeedPage: 1896
  • TRIADMLS_DeedBook: 1900
  • TRIADMLS_AcresRange: -

Rental Info

  • Land Lease Amount: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2016
Sold by
Willis Keith B and Willis Monte F
Bought by
Frye Charles D and Frye Susan E
Total Days on Market
210
Current Estimated Value
$744,166
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Frye Charles D $234,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pandorica Open Llc $600,000
Previous Owner Keimont Llc $41,727
Previous Owner Aomong Keimont Llc $21,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $600,000 -11.1% --
12/30/2022 12/30/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $675,000 -- --
Source: Triad 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
2024 $2,531 $398,900 $12,300 $386,600
2023 $2,531 $398,900 $12,300 $386,600
2022 $4,788 $398,900 $12,300 $386,600
2021 $4,788 $398,900 $12,300 $386,600
2020 $1,050 $163,900 $12,900 $151,000
2019 $1,050 $163,900 $12,900 $151,000
2018 $1,997 $163,900 $0 $0
2017 $1,997 $163,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1071719

Triad MLS

APN: 06 1 1 8B