NOT LISTED FOR SALE

Estimated Value: $1,343,996

Studio
2 Baths
32,000 Sq Ft
$42/Sq Ft Est. Value

Last Sold June 10, 2019

Last sale price $900,000 $28 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,186/month

140 Days on Market

Highlights

  • Guest House
  • Panoramic View
  • Space For Rooms
  • Westminster Elementary School Rated A-
  • Wooded Lot
  • 1 Fireplace

About This Home

As of June 2019

Shopping center zoned NC-many uses, not limited to stores, package goods, bed & breakfast, bank, day care, healthclub, dry cleaners, bakery, church, & more. Leases in place. Zoned NC. Over 16000 sq. ft. of buildings, plenty of room to add on. Over 100 + parking spaces. Brick bdg built in 1865- all others 2003 and later. Excellent condition. Appraised for over $2,000,000 in 2013. Potential for additional land.

Last Agent to Sell the Property

Nathalie Mullinix

(866) 808-6368 admin@realtyuniversal.com Nathalie Mullinix Realty Universal, Inc. License #01-3486 Listed on: 10/06/2018

Last Buyer's Agent

Nathalie Mullinix

(866) 808-6368 admin@realtyuniversal.com Nathalie Mullinix Realty Universal, Inc. License #01-3486 Listed on: 10/06/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,482

Year Built

  • Built in 2003

Lot Details

  • 2.76 Acre Lot
  • Landscaped
  • Wooded Lot
  • Additional Land

Property Views

  • Panoramic
  • Woods
  • Garden

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1 Fireplace

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Space For Rooms

Parking

  • 100 Open Parking Spaces
  • 100 Parking Spaces
  • Driveway
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Gazebo
  • Office or Studio
  • Tenant House

Schools

  • William Winchester Elementary School
  • East Middle School
  • Winters Mill High School

Utilities

  • Window Unit Cooling System
  • Forced Air Zoned Heating and Cooling System
  • Public Hookup Available For Water
  • Well
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 0707027931

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,482

Year Built

Built in 2003

Lot Details

2.76 Acres

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2003
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Partially Finished, Space For Rooms
  • Total Sq Ft: 32000
  • Living Area Sq Ft: 32000
  • Price Per Sq Ft: 93.75
  • Above Grade Finished Sq Ft: 16000
  • Below Grade Finished Sq Ft: 16000
  • Total Below Grade Sq Ft: 16000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Gazebo, Guest House, Office/Studio, Tenant House
  • Construction Materials: Brick, Stone
  • View: Garden/Lawn, Panoramic, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 100
  • Parking Features: Asphalt Driveway, Paved Parking
  • Total Garage And Parking Spaces: 100
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Zoned, Central A/C
  • Heating Fuel: Central
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public Hook-Up Available, Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • Elementary School: WILLIAM WINCHESTER
  • High School: WINTERS MILL
  • Middle Or Junior School: EAST

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 504300.00
  • Land Assessed Value: 142000.00
  • Lot Features: Landscaping, Trees/Wooded, Additional Lot(s)
  • Lot Size Acres: 2.76
  • Lot Size Area: 120226
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 120226.00
  • Possible Use: Commercial, Mixed Use, Office, Residential, Wholesale, Recreational
  • Zoning: NC
  • In City Limits: Yes

Rental Info

  • Lease Term: 36 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11483498
  • Tax Annual Amount: 10482.23
  • Assessor Parcel Number: 0707027931
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

Multi Family

  • Gross Income: 205200.00
  • Operating Expense: 12000.00
  • Vacancy Allowance Rate: 10.00

MLS Schools

  • School District Name: CARROLL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2018
Closed on
Jun 10, 2019
Sold by
Olde Towne Llc
Bought by
New Hope Fellowship Church
Seller's Agent
Nathalie Mullinix
Nathalie Mullinix Realty Universal, Inc.
Buyer's Agent
Nathalie Mullinix
Nathalie Mullinix Realty Universal, Inc.
List Price
$1,800,000
Sold Price
$900,000
Premium/Discount to List
-$900,000
-50%
Current Estimated Value
$1,343,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,996
Avg. Annual Appreciation
6.07%
Original Mortgage
$913,000
Outstanding Balance
$802,750
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$541,246

Purchase Details

Closed on
Feb 4, 2003
Sold by
Rinehart Helen E Roop
Bought by
Olde Town Llc
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
New Hope Fellowship Church $900,000 None Available
Olde Town Llc $193,787 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Hope Fellowship Church $913,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2019 06/10/19 Sold $900,000 -40.0% $28 / Sq Ft
02/05/2019 02/05/19 Price Changed $1,500,000 -6.3% $47 / Sq Ft
10/25/2018 10/25/18 Price Changed $1,600,000 -11.1% $50 / Sq Ft
10/06/2018 10/06/18 For Sale $1,800,000 -- $56 / Sq Ft
Source: Bright MLS

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 $60 $1,467,900 $0 $0
2024 $120 $1,383,200 $0 $0
2023 $21,945 $1,298,500 $142,000 $1,156,500
2022 $1,122 $1,081,100 $0 $0
2021 $1,948 $863,700 $0 $0
2020 $1,808 $646,300 $142,000 $504,300
2019 $9,965 $631,500 $0 $0
2018 $10,479 $616,700 $0 $0
2017 $10,066 $601,900 $0 $0
2016 -- $595,633 $0 $0
2015 -- $589,367 $0 $0
2014 -- $583,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: 1008362454

Bright MLS

APN: 07-027931

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