Sold
Last Sold Price
7 beds2,554 sqft$39/sqft
16 Duke Power Rd, Granite Falls, NC 28630
0.9 acresLot Size
1944Year Built
$39/sq ftPrice per sq ft
8 carsParking Spaces

Description

Price reduction! Investment property in Granite Falls composed of one house ($400/month), one large two-bedroom apartment over the garage (currently vacant) and two single-bedroom apartments in a detached duplex ($325/month each). Property has city water and septic system. Tenants pay all utilities, owner maintains the grounds. All units have laundry hook ups. Property needs significant tlc. Seller wishes to sell property "as is", but will negotiate other terms. Plenty of room for growth here. Motivated...Price reduction! Investment property in Granite Falls composed of one house ($400/month), one large two-bedroom apartment over the garage (currently vacant) and two single-bedroom apartments in a detached duplex ($325/month each). Property has city water and septic system. Tenants pay all utilities, owner maintains the grounds. All units have laundry hook ups. Property needs significant tlc. Seller wishes to sell property "as is", but will negotiate other terms. Plenty of room for growth here. Motivated seller, make an offer!
  • Listed by: • Thornburg & Associates, Inc.
Listing closed: 01/12/2022 12:00 AM • Source: CANOPY, MLS#: 3763091

Recent comparable sales

Median sold price

$400,000

Avg days on market

57

Sale-to-list ratio

90.2%

Granite Falls, NC

9 comparable properties found

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Location

Listing Courtesy of Thornburg & Associates, Inc.

Sold By Thornburg & Associates, Inc.

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Payment Calculator

$628 per month

30 year fixed, 6.55% Interest

Principal and Interest

$508

Property Taxes

$120

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 16 Duke Power Road

Property Details
  • MLS Type: Sale / Residential / Building / 1 / 1
  • Zoning Description: R-28
  • Parking Features: Carport - 3 Car, Driveway, Garage - 1 Car
Building Information
  • Year Built: 1944
  • Lot Size: 0.90 AC / 39,204 SF
Summary
Location and General Information
  • Longitude: -81.430789
  • Geocode Source: Manual
  • Latitude: 35.783243
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $116,600.00
  • Parcel Number: 08-34-5-18
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Total Spaces: 8.0
  • Garage Main Level YN: Yes
Property
Lot Information
  • Structure Type: Apartments
  • Below Grade Finished Area: 0.0
  • Lot Features: Level
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • New Construction YN: No
  • Photos Count: 14
  • Road Responsibility: Public Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Permit Syndication: Yes
Utilities
  • Sewer: Septic Installed
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Porch: Back,Deck
  • Construction Materials: Brick Partial, Vinyl Siding, Wood Siding
  • Road Surface Type: Gravel
Interior Features
  • Appliances: Cable Prewire, Ceiling Fan(s), Electric Oven, Electric Range, Gas Oven, Gas Range, Refrigerator
  • Water Heater: Electric
  • Heating: Baseboard, Gas Hot Air Furnace
  • Laundry Features: Main Level
  • Flooring: Carpet, Linoleum, Vinyl
  • Foundation Details: Basement Outside Entrance
Multi Family
Multi-Family Information
  • Unit Count: 4
  • Number Of Units Total: 4
Unit 1
  • Baths Full: 2
  • Baths Half: 0
  • Beds Total: 2
Unit 2
  • Baths Full: 1
  • Baths Half: 0
  • Beds Total: 2
Unit 3
  • Baths Full: 1
  • Baths Half: 0
  • Beds Total: 1
Unit 4
  • Baths Full: 1
  • Baths Half: 0
  • Beds Total: 1
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Rent Includes: Exterior Maintenance
  • Pets Allowed: Yes

Property History for 16 Duke Power Road

DateEvent & SourcePriceAppreciation
Jan 12, 2022

Closed

CANOPY #3763091

$100,000
Jan 5, 2022

Closed (Public Record)

Public Record #1483277840

$100,000
Nov 10, 2021

Under Contract-No Show

CANOPY #3763091

DateEvent & SourcePrice
01/12/2022

Closed

CANOPY #3763091

$100,000
01/05/2022

Closed (Public Record)

Public Record #1483277840

$100,000
11/10/2021

Under Contract-No Show

CANOPY #3763091

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Duke Power Road

Taxable ValueLand$17,600Additions$190,700Total$208,300
Tax Record2025$1,440 ($120 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt2,554 SqFtAbove Grade Finished SqFt2,554 SqFtUnfinished Basement SqFt378 SqFtStories1Lot Size39,250 SqFtStyleSingle Family ResidenceYear Built1944Year Renovated1963CountyCALDWELLAPN08 34 5 18

Schools near 16 Duke Power Road

This home is within Caldwell County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Granite Falls Elementary
PublicPK to 5

Granite Falls Middle
Public6 to 8

South Caldwell High
Public9 to 12

Caldwell Early College High School
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 16 Duke Power Road, Granite Falls, NC 28630
$100,000
7
2,554
39,204
$90,000
3
1
1,608
38,802
2
1
1,040
14,980
$245,000
3
1,232
30,404
1
966
18,160
$48,500
2
1
1,024
18,160

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Thornburg & Associates, Inc.

Based on information submitted to the MLS GRID as of 05/18/2022 06:11 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.