NOT LISTED FOR SALE

King, NC 27021

Estimated Value: $145,000 - $234,000

2 Beds
1 Bath
-- Sq Ft
0.29 Acres

Last Sold February 05, 2018

Last sale price $104,000

Est. 86% increase in value since last sale

Current estimated payment $1,157/month

176 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heat Pump System
  • Chestnut Grove Middle Rated 9+
  • Carpet

About This Home

As of February 2018

Great property for investors. 2 units each containing 2 bedrooms and 1 bath. Located at the end of the street.
Brick exterior. Heat Pump. Current rental income is $1150 per month.

Last Agent to Sell the Property

Sandra Richards

Yadkin Valley Real Estate License #273395 Listed on: 07/29/2017

Last Buyer's Agent

Terry Owens

Virginia Carolinas Realty License #192510

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,016

Year Built

  • Built in 1975

Lot Details

  • 0.29 Acre Lot
  • Street terminates at a dead end

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 599220913997
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 1,750 Sq Ft Building

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,016

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • Directions: From Winston Salem: Hwy 52 N to King Exit (123). Turn right on to S Main Street. Go approx. 3/4 mile turn right onto Hill Street. Units are located at the end of the street.
  • Building Stories: 1
  • Year Built: 1975
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • TRIADMLS_ApproxSqFtRange: 1500 - 1900
  • TRIADMLS_Storage: Closet

Exterior Features

  • Lot Features: Dead End
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Private Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 599220913997
  • Zoning: R-MF
  • TRIADMLS_AcresRange: 0 - 0

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Units Furnished: None
  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 1016
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2017
Closed on
Jan 26, 2018
Sold by
Baylor Jackie
Bought by
Parsons Garrett
Seller's Agent
Sandra Richards
Yadkin Valley Real Estate
Buyer's Agent
Terry Owens
Virginia Carolinas Realty
List Price
$123,000
Sold Price
$104,000
Premium/Discount to List
-$19,000
-15.45%
Current Estimated Value
$193,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,937
Avg. Annual Appreciation
8.18%
Original Mortgage
$106,236
Outstanding Balance
$89,859
Interest Rate
3.94%
Mortgage Type
VA
Estimated Equity
$104,078
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parsons Garrett $104,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Garrett $106,236
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2018 02/05/18 Sold $104,000 -15.4% --
01/22/2018 01/22/18 Pending -- -- --
07/29/2017 07/29/17 For Sale $123,000 -- --
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
2025 $1,728 $157,800 $21,700 $136,100
2024 $1,728 $110,700 $17,800 $92,900
2023 $1,306 $110,700 $17,800 $92,900
2022 $1,251 $110,700 $17,800 $92,900
2021 $1,251 $110,700 $17,800 $92,900
2020 $1,052 $97,200 $16,800 $80,400
2019 $1,052 $97,200 $16,800 $80,400
2018 $1,052 $97,200 $16,800 $80,400
2017 $1,052 $97,200 $16,800 $80,400
2016 $1,016 $93,900 $16,800 $77,100
2015 $1,016 $93,900 $16,800 $77,100
2014 $1,037 $93,900 $16,800 $77,100
Source: Public Records

Agents Affiliated with this Home

  • Sandra Richards

    Seller's Agent in 2018

    Sandra Richards

    Yadkin Valley Real Estate

    (336) 755-6704

    3 in this area

    79 Total Sales

    Sandra Richards
    Section Image

  • T

    Buyer's Agent in 2018

    Terry Owens

    Virginia Carolinas Realty

    3 Total Sales

    Terry Owens
    Section Image
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Source: Triad MLS

MLS Number: 844520

Triad MLS

APN: 599220913997

North Carolina Stokes County King

27021

Not Listed for Sale

MultiFamily

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