NOT LISTED FOR SALE

976 Hatchett Rd Lincolnton, NC 28092

Estimated Value: $297,000 - $432,000

8 Beds
2 Baths
1,550 Sq Ft
$242/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $163,900 $106 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,179/month

309 Days on Market

About This Home

As of January 2014

Fabulous Investor Opportunity! Location, Location, Location! Easy Access plus potential tenants all around in the multiple industrial complexes on every side. 3 Brick Duplexes in good condition; one has extra two units on Basement level to make up the 8 units. Located just off 321 near Lincolnton Industrial Park for excellent source of tenants near their workplace. Tenants pay their own electric & trash; owner pays for maintenance & lawn care. New Windows installed in all but one unit about 6 yrs ago per seller; all new storm doors within last year or so; roof about 19 yrs ago. 3.4 acres of land; Check out the Industrial Park area at: lancasterscworks.com/success_track_2010/pdf/LCIP_Flyer.pdf

Last Agent to Sell the Property

Diane Cline

Realty World/Diane Cline License #164664 Listed on: 11/28/2012

Last Buyer's Agent

Diane Cline

Realty World/Diane Cline License #164664 Listed on: 11/28/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1973

Lot Details

  • 4

Parking

  • Gravel Driveway

Additional Features

  • Vinyl Flooring
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 3636527985 / 3636526806

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,580

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.72844
  • Ratio Close Price By Original Li: 0.59600
  • Ratio Current Price By Acre: 40975.00
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Crawl Space
  • Total Bedrooms: 8
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Fixture Exception Description: No Appliances in Unit 8; Refrigerators in some
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Vinyl
  • Room Count: 4
  • Sq Ft Additional: 440

Exterior Features

  • Construction: Brick Full

Garage/Parking

  • Driveway: Earth, Gravel
  • Parking: Driveway

Utilities

  • Heating: Window Unit
  • Sewer: Septic Tank
  • Water: Shared Well
  • Water Heater: Electric

Schools

  • Elementary School: Battleground
  • Middle School: Lincolnton
  • High School: Lincolnton

Lot Info

  • Lot Dimension: 4 Ac
  • Lot Size Area: 4.000
  • Parcel Number: 3636527985 / 3636526806
  • Zoning Specification: R-R

Tax Info

  • Tax Location: Lincoln

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2012
Closed on
Jan 3, 2014
Sold by
Pope Elizabeth Ann G
Bought by
Blackwell Properties & Rentals Inc
Seller's Agent
Diane Cline
Realty World/Diane Cline
Buyer's Agent
Diane Cline
Realty World/Diane Cline
List Price
$275,000
Sold Price
$163,900
Premium/Discount to List
-$111,100
-40.4%
Current Estimated Value
$374,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,641
Avg. Annual Appreciation
7.26%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Blackwell Properties & Rentals Inc $164,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2014 01/03/14 Sold $163,900 -40.4% $106 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
11/28/2012 11/28/12 For Sale $275,000 -- $177 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $2,580 $334,498 $39,051 $295,447
2024 $2,500 $334,498 $39,051 $295,447
2023 $2,430 $334,498 $39,051 $295,447
2022 $1,642 $166,715 $29,700 $137,015
2021 $1,609 $166,715 $29,700 $137,015
2020 $1,115 $166,715 $29,700 $137,015
2019 $1,115 $166,715 $29,700 $137,015
2018 $1,407 $147,323 $26,686 $120,637
2017 $959 $147,323 $26,686 $120,637
2016 $959 $147,323 $26,686 $120,637
2015 $1,284 $147,323 $26,686 $120,637
2014 $1,346 $160,485 $28,768 $131,717
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR9567513

Canopy MLS (Canopy Realtor® Association)

APN: 15769