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Sold for $199,000 on 02/07/23
  • $199,000

    48497 State Highway 12, Buxton, NC 27920

    4beds
    --sqft
    Multi Family, Residential
    Built in 1920
    -- sqft lot
    $376,700 Zestimate®
    $--/sqft
    $1,959 Estimated rent

    Home value

    $376,700

    $324,000 - $429,000

    $1,959/mo

    Zestimate® history
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    What's special

    Standing strong on a nice big property in Buxton, this 1920 duplex offers lot of potential! The over half-acre lot is dry and elevated and slopes to a pretty creek in the back. There is no heat source, it has window air conditioning units, and there are plenty of projects ahead - but what a great chance to have a home in Buxton with an income producing second unit. You could covert this to a single family house as well (currently no interior stairs). Banks will not lend on properties without heat or that have extensive repair or safety concerns, so this one is for the cash buyers out there who may want a home or investment property at the beach, or to provide affordable housing options to locals and employees. You can enter the first unit from the full front porch or back stoop to find a living room, dining room, kitchen, and two bedrooms and a bath. There is a storage room with a separate entrance on this level that has a washer and dryer for common use (unknown condition on the washer and dryer). The top floor unit is accessed by the rear deck. Be careful on the steps. The stair treads were replaced but rails and supports need repair. This unit has a large living room, kitchen, two bedrooms and a hall bath. There is a pull down stair access to a large attic space. The detached garage makes a nice workshop or it could be a fun Tiki Bar hangout.

    Zillow last checked: 8 hours ago

    Listing updated: February 07, 2023 at 03:10pm

    Listed by:

    Carla S Reynolds 252-996-0403,

    NC 12 Realty

    Bought with:

    Sun Realty - Avon

    Source: OBAR,MLS#: 121215MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • None
    Cooling
    • Window Unit(s)
    Appliances
    • Included: 2nd Refrigerator, Dryer, Refrigerator, Range/Oven, Washer
    Features
    • Flooring: Plank, Vinyl, Wood

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street, Unpaved
    • Garage spaces: 1
    • Details: Garage: 1 Car, Detached
    Features
    • Has view: Yes
    • View description: Creek/Stream
    • Has water view: Yes
    • Water view: Creek/Stream
    • Waterfront features: Creek
    Lot
    • Size: 0.62 Acres
    Details
    • Parcel number: 016806000
    • Zoning: R-2A

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Historic,Traditional
    • Property subtype: Multi Family, Residential
    Materials
    • Frame, Asbestos, Vinyl, Wood
    • Foundation: Masonry
    • Roof: Asphalt
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Location
    • Region: Buxton
    • Subdivision: None

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash
    • Ownership: Owned More than 12 Months
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/7/2023Sold$199,000
    Source: OBAR #121215
    1/26/2023Contingent$199,000
    Source: OBAR #121215
    1/21/2023Listed for sale$199,000+37.2%
    Source: OBAR #121215
    7/15/2020Sold$145,000
    Source: OBAR #105990

    Public tax history

    YearProperty taxesTax assessment
    2024$1,892 +67%$313,200 +67%
    2023$1,133 +1.7%$187,600
    2022$1,115 +1.7%$187,600

    Find assessor info on the county website

    Neighborhood: 27920

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $376,700
    2% more+ $7,534
    With Zillow Showcase(estimated)
    $384,234