NOT LISTED FOR SALE

425 Kittrell Rd Kittrell, NC 27544

Estimated Value: $510,000 - $591,000

4 Beds
2 Baths
2,302 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $590,000 $256 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,479/month

12 Days on Market

Highlights

  • Pond
  • Ranch Style House
  • Eat-In Kitchen
  • Partially Wooded Lot
  • No HOA
  • Storm Windows

About This Home

As of August 2024

Investor's dream! This parcel has it all - rental properties, land for future development, fenced-in pastures, plus a gorgeous pond, teeming with fish! This expansive 16-acre property features three renovated, tenant-occupied homes, each leased until the end of the year, providing immediate rental income!
The first home boasts 1,199 square feet with 3 bedrooms and 1 bathroom. The second home offers 1,840 square feet with 4 bedrooms and 2 bathrooms. The third and largest home spans 2,302 square feet with 4 bedrooms and 2 bathrooms. Each of these charming one-story ranch homes is constructed with durable brick and has been recently updated, including new HVAC systems, plumbing and roofs, ensuring long-term reliability and reduced maintenance costs. This property represents a unique investment opportunity with steady cash flow and significant potential for future appreciation. Don't miss out on this exceptional multi-home investment on a sprawling lot!

Last Listed By

Meredith Wright

DASH Carolina License #219829 Listed on: 06/14/2024

DASH Carolina

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1959

Lot Details

  • 16.82 Acre Lot
  • Partially Fenced Property
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Lead Paint Disclosure

Interior Spaces

  • 2,302 Sq Ft Home
  • Smooth Ceilings
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Shared Driveway
  • 6 Open Parking Spaces

Outdoor Features

  • Pond
  • Patio

Schools

  • Zeb Vance Elementary School
  • Vance County Middle School
  • Vance County High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • Septic System
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0482 06002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,310

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2302.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Utilities Cable Available: Yes
  • General Property Information Enhanced Accessible2: Yes
  • Utilities Water Connected: Yes
  • Contract Information Lease Term: 6 Months
  • General Property Information Above Grade Finished Area: 2302.0
  • Roof Architectural Shingle: Yes
  • Utilities Septic Connected: Yes
  • Fencing Partial2: Yes
  • Vegetation Partially Wooded: Yes
  • Lot Features Pond On Lot2: Yes
  • Disclosures Lead Based Paint: Yes
  • Water Source Private6: Yes
  • General Property Information Lot Size Square Feet2: 732679.0
  • General Property Information Lot Size Acres: 16.82
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Eat-in Kitchen, Pantry, Smooth Ceilings, Walk-In Shower
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Masonry, Wood Burning
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Fencing: Partial
  • Acres: 16.82
  • Disclosures: Lead Based Paint
  • Construction Type: Brick
  • Foundation Details: Other
  • Patio And Porch Features: Patio
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Storm Window(s): Yes
  • Lot Features:Pasture2: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: Asphalt, Shared Driveway
  • Total Parking Spaces: 6.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Shared Driveway: Yes
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Utilities: Cable Available, Septic Connected, Water Connected
  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Vance - Vance County
  • Middle Or Junior School: Vance - Vance County

Lot Info

  • Lot Size Sq Ft: 732679.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0482 06002
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 6 Months

Tax Info

  • Tax Annual Amount: 2309.97
  • Tax Year: 23

MLS Schools

  • Elementary School: Vance - Zeb Vance

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 12, 2024
Sold by
Moran David William and Moran Carmen Rita
Bought by
Moran Family Llc
Seller's Agent
Meredith Wright
DASH Carolina
Buyer's Agent
Patrick Moran
DASH Carolina
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Total Days on Market
12
Views
6
Current Estimated Value
$556,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,282
Avg. Annual Appreciation
-7.81%
Original Mortgage
$442,500
Outstanding Balance
$440,231
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$117,121

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 2, 2024
Sold by
Nc Top Distributing Llc
Bought by
Moran David William and Moran Carmen Rita
Seller's Agent
Meredith Wright
DASH Carolina
Buyer's Agent
Patrick Moran
DASH Carolina
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,500
Outstanding Balance
$440,231
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$117,121

Purchase Details

Closed on
Apr 29, 2024
Sold by
Nc Top Distributing Llc
Bought by
Butler Elizabeth and Brooks John

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 13, 2021
Sold by
Caraballo Brenda
Bought by
Nc Top Distributing Llc
Seller's Agent
James Hutson
Ninja Realty
Buyer's Agent
Nuke Gurganus
Ninja Realty
List Price
$235,000
Sold Price
$200,000
Premium/Discount to List
-$35,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.62%

Purchase Details

Closed on
Nov 4, 2016
Sold by
Jeffreys Delmas R and Jeffreys Phyllis
Bought by
Caraballo Brenda I Suarez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2016
Sold by
Earlyfalsom Properties Inc
Bought by
J & B Enterprises Of Zebulon Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2016
Sold by
Duffy Rand and Duffy Dawn A
Bought by
Earlyfalsom Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
May 29, 2009
Sold by
Bowes Vickie J and Bowes Melvin Thomas
Bought by
Duffy Rand

Purchase Details

Closed on
Nov 28, 2007
Sold by
Bowes Vickie Jarrell and Bowes Melvin Thomas
Bought by
Bowes Vickie Jarrell and Bowes Melvin Thomas

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
Moran Family Llc -- None Listed On Document
Moran David William $590,000 Longleaf Title Insurance
Butler Elizabeth $3,500 None Listed On Document
Nc Top Distributing Llc -- None Available
Nc Top Distributing Llc $200,000 None Available
Caraballo Brenda I Suarez $145,000 None Available
Jeffreys Delmas R -- None Available
J & B Enterprises Of Zebulon Inc $95,000 None Available
Earlyfalsom Properties Inc $6,000 None Available
Duffy Rand $250,000 --
Bowes Vickie Jarrell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moran David William $442,500
Previous Owner Nc Top Distributing Llc $60,000
Previous Owner Caraballo Brenda I Suarez $130,000
Previous Owner Earlyfalsom Properties Inc $50,000
Previous Owner Earlyfalsom Properties Inc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $590,000 -5.6% $256 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $625,000 +212.5% $272 / Sq Ft
12/14/2023 12/14/23 Off Market $200,000 -- --
05/13/2021 05/13/21 Sold $200,000 -14.9% $167 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $235,000 -- $196 / Sq Ft
Source: Doorify 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
2024 $4,462 $522,049 $96,060 $425,989
2023 $2,310 $199,180 $53,633 $145,547
2022 $2,310 $199,180 $53,633 $145,547
2021 $1,950 $199,180 $53,633 $145,547
2020 $2,305 $199,633 $54,086 $145,547
2019 $2,290 $199,633 $54,086 $145,547
2018 $1,865 $199,633 $54,086 $145,547
2017 $2,180 $199,633 $54,086 $145,547
2016 $1,445 $199,633 $54,086 $145,547
2015 $2,139 $226,890 $55,860 $171,030
2014 $2,203 $226,901 $55,860 $171,041
Source: Public Records

Agents Affiliated with this Home

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Source: Doorify MLS

MLS Number: 10035631

Doorify MLS

APN: 0482-06002