NOT LISTED FOR SALE

Estimated Value: $92,000 - $204,000

1 Bed
1 Bath
476 Sq Ft
$300/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $46,000 $97 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $827/month

9 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Covered Patio or Porch
  • Combination Dining and Living Room
  • 3-minute walk to Portia Mills Hines Park

About This Home

As of October 2019

Investment opportunity. One bedroom & one bathroom house located off of Rehder Alley. This home can be purchased individually or with neighboring properties. Currently vacant and had been rented at $700/month. Needs work but a great additional to an existing or start of a rental income portfolio.

Last Agent to Sell the Property

Jeff Hovis

Intracoastal Realty Corp License #234605 Listed on: 08/17/2019

Intracoastal Realty Corp

Last Buyer's Agent

Melody Samuel

Fathom Realty NC, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $589

Year Built

  • Built in 1920

Lot Details

  • 701 Sq Ft Lot
  • Lot Dimensions are 25 x 34
  • Property fronts an alley
  • Street terminates at a dead end
  • Property is zoned R-3

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 476 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space
  • Attic Access Panel
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04813-022-017-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$589

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, Vinyl
  • Heated Sq Ft: 400 - 599
  • Interior Amenities: None
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 94.54
  • Master Bedroom Level: N/A
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 4
  • Sq Ft Heated: 476.00
  • Total Heated Primary Separate Sq Ft: 476.00

Exterior Features

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

Garage/Parking

  • Parking Driveway: Dirt, Off Street

Utilities

  • Appliances Equipment: None
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 910.00
  • Lot Acres: 0.02
  • Lot Description: Dead End
  • Lot Dimensions: 25 x 34
  • Lot Sq Ft: 701.00
  • Lot Water Features: None
  • Zoning: R-3

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R04813-022-017-000
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 206.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Creed Jeffrey A
Bought by
Shellreef Llc
Current Estimated Value
$142,751

Purchase Details

Closed on
Jun 29, 2020
Sold by
Creed Daniel R and Creed Julie A
Bought by
Creed Daniel R and Creed Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2020
Sold by
Shellreef Llc
Bought by
Creed Jeffrey A and Creed Daniel R

Purchase Details

Listed on
Aug 17, 2019
Closed on
Sep 12, 2019
Sold by
Tj Real Estate Holdings Llc
Bought by
Shellreef Llc
Seller's Agent
Jeff Hovis
Intracoastal Realty Corp
Buyer's Agent
Melody Samuel
Fathom Realty NC, LLC
List Price
$45,000
Sold Price
$46,000
Premium/Discount to List
$1,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.98%

Purchase Details

Closed on
Aug 15, 2018
Sold by
Olson Porfolio 2 Llc
Bought by
Tj Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,255,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 24, 2016
Sold by
Ritz Development4 Llc
Bought by
Olson Portfolio 2 Llc

Purchase Details

Closed on
Jun 10, 2011
Sold by
Alexander Charles F and Alexander Vicki D
Bought by
Ritz Development 4 Llc

Purchase Details

Closed on
Feb 5, 1992
Sold by
Bullock Jr Jean H John C
Bought by
Gore Donald Ray Jean Cleary

Purchase Details

Closed on
Jun 1, 1980
Bought by
Bullock Jean H
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
Shellreef Llc -- Collins & Collins Law Offices
Creed Daniel R -- None Available
Creed Daniel R -- None Available
Creed Daniel R -- None Available
Creed Jeffrey A -- None Available
Shellreef Llc $46,000 None Available
Tj Real Estate Holdings Llc $300,000 None Available
Olson Portfolio 2 Llc $1,177,500 None Available
Ritz Development 4 Llc $55,000 None Available
Gore Donald Ray Jean Cleary $294,500 --
Bullock Jean H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Creed Daniel R $63,750
Previous Owner Tj Real Estate Holdings Llc $5,255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2019 10/02/19 Sold $46,000 +2.2% $97 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
08/17/2019 08/17/19 For Sale $45,000 -- $95 / 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 $589 $67,700 $28,100 $39,600
2022 $833 $67,700 $28,100 $39,600
2021 $579 $67,700 $28,100 $39,600
2020 $206 $19,600 $7,900 $11,700
2019 $206 $19,600 $7,900 $11,700
2018 $0 $19,600 $7,900 $11,700
2017 $206 $19,600 $7,900 $11,700
2016 $199 $18,000 $8,000 $10,000
2015 $191 $18,000 $8,000 $10,000
2014 $183 $18,000 $8,000 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100180815

Hive MLS

APN: R04813-022-017-000