$2,200,000
SOLD JAN 31, 2025

315 N Mulberry St Statesville, NC 28677

28 Beds
16 Baths
968 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$2,273 Per Sq Ft

8% Below List Price

About This Home

As of January 2025

FULLY LEASED RENTAL PORTFOLIO IN STATESVILLE. This portfolio consists of 14 units: 1 Duplex, 2 Condos, and 10 single family homes. Most units are walkable to Downtown Statesville. Several leases are month to month with potential for increased income. Contact listing agent for rent roll and additional information. DO NOT DISTURB TENANTS. Seller financing available.

Last Agent to Sell the Property

Grace Cunningham

RE/MAX Properties Plus, Inc. Brokerage Email: a.gracecunningham@yahoo.com License #278539

RE/MAX Properties Plus, Inc.

Last Buyer's Agent

Sheena Shaw

EXP Realty LLC Mooresville License #265691

EXP Realty LLC Mooresville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $956

Year Built

  • Built in 1940

Parking

  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 968 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 28 Bedrooms

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 4734-76-7627.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$956

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1940
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: a.gracecunningham@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Appliances: Other
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 968
  • Basement YN: No
  • Full Bathrooms: 14
  • Half Bathrooms: 2
  • Total Bedrooms: 28
  • Living Area: 968

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Other - See Remarks
  • Sewer: Public Sewer
  • Laundry Features: Other - See Remarks
  • Cooling: Other - See Remarks
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.16
  • Lot Size Units: Acres
  • Parcel Number: 4734-76-7627.000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R10

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 14

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

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

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $2,200,000 -8.3% $2,273 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
12/21/2024 12/21/24 For Sale $2,400,000 -- $2,479 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $956 $88,040 $20,000 $68,040
2023 $956 $88,040 $20,000 $68,040
2022 $913 $73,030 $20,000 $53,030
2021 $969 $73,030 $20,000 $53,030
2020 $969 $73,030 $20,000 $53,030
2019 $961 $73,030 $20,000 $53,030
2018 $725 $54,810 $18,000 $36,810
2017 $713 $54,810 $18,000 $36,810
2016 $696 $53,060 $18,000 $35,060
2015 $549 $53,060 $18,000 $35,060
2014 $523 $52,570 $14,000 $38,570
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,500 Commercial
Previous Owner $44,700 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $390,000 None Available
Warranty Deed $75,000 None Available
Warranty Deed $53,000 None Available
Deed -- --
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4208801

Canopy MLS (Canopy Realtor® Association)

APN: 4734-76-7627.000