4 months on rocket

1103 N Elm St, Lumberton, NC, 28358

$1,395,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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1103 N Elm St, Lumberton$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1920
MLS #LP717608
StatusActive

About 1103 N Elm St

It's a fantastic turn-key investment opportunity. Four single-family properties total, fully furnished. Long-term professional tenants under lease. Net Operating Income in the range of $180,000 per year offers investors a CAP rate of 12.9%. They are shown by appointment only with 72 hours notice to bona fide, well-qualified candidates. Many updates and recent improvements including 1103 N Elm: •New duct works under home •New disposal in kitchen •New paint in several rooms •New HVAC in the cottage •New drain lines for the cottage •Extensive landscaping and driveway improvements; 307 W 18th St: •Complete remodel of a main suite •addition of Complete bath and walk-in closet •New floors throughout •New paint and wallpaper throughout •New drive-through and parking lot in back of house •New siding •paint on the back of the home. •Upgrades to all bathrooms; 840 Jane Street: •New landscaping in front of the house. lot in back of house •New siding •paint on the back of the home. •Upgrades to all bathrooms; 840 Jane Street: •New landscaping in front of the house.

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: COLDWELL BANKER PREMIER TEAM REALTY
  • Office Phone: (910) 738-3441
  • Listing Agent: DAVID ZEITZ

School Info

Assigned Schools Information:

  • Lumberton Senior High School, Public District Grades 9-12
  • Psrc Early College At Rcc, Public District Grades 9-12
  • Lumberton Junior High School, Public District Grades 7-8
  • L Gilbert Carroll Middle School, Public District Grades 4-6
  • Tanglewood Elementary School, Public District Grades KG-3

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000

Tax Information:

  • Annual Amount: $1,500
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lumberton, NC.

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Lumberton, NC

City

Med. Sold Price

$194K

Med. Price/SqFt

$105

Avg. Days On Market

104

# of Sold Homes

17

1103 N Elm St vs Lumberton

128 DAYS ON ROCKET

+24 Days

$1,395,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Lumberton, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #LP717608

Listing Office:

  • Office Name: COLDWELL BANKER PREMIER TEAM REALTY
  • Office Phone: (910) 738-3441
  • Listing Agent: DAVID ZEITZ

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 12:50:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 30, 2011Home Sold
$152,500
Feb 15, 2011Home Sold
$40,000
Feb 15, 2011Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,500$169,600
2018$1,456$132,100
2017$1,197$132,100

History based on county public records data.

Payment Calculator

$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6780459
6
/10

  • Tanglewood Elementary School

  • 400 W 29th St

  • 0.97 miles

  • Public District Grades KG-3

Middle School

school-card-donut-6780460
1
/10

  • Lumberton Junior High School

  • 82 Marion Rd

  • 1.91 miles

  • Public District Grades 7-8

school-card-donut-6780461
2
/10

  • L Gilbert Carroll Middle School

  • 300 Bailey Rd

  • 2.37 miles

  • Public District Grades 4-6

High School

school-card-donut-6780462
2
/10

  • Lumberton Senior High School

  • 3901 Fayetteville Rd

  • 1.64 miles

  • Public District Grades 9-12

school-card-donut-6780463
9
/10

  • Psrc Early College At Rcc

  • 5160 N Fayetteville Rd

  • 3.61 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,927. Typical income of Lumberton, NC residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1103 N Elm St

What is the listing price of this property?

The listing price of 1103 N Elm St property is $1,395,000.

What type of property is this?

The property 1103 N Elm St is a house located in Lumberton, North Carolina, 28358.

Is this property for sale now?

Active Listing: 1103 N Elm St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1103 N Elm St are:
Tanglewood Elementary School: GreatSchools Rating 6/10
Lumberton Junior High School: GreatSchools Rating 1/10
L Gilbert Carroll Middle School: GreatSchools Rating 2/10
Lumberton Senior High School: GreatSchools Rating 2/10
Psrc Early College At Rcc: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,500 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 30, 2011 for $152,500. (source: MLS/tax record).

What is the square footage of this property?

The sq. ft. of 1103 N Elm St is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 1103 N Elm St is 1920.

Rocket Homes›North Carolina›Robeson County›Lumberton›28358›1103 N Elm St

This home is located at 1103 N Elm St in Lumberton, NC and zip code 28358. This home was built in 1920. It has been listed on Rocket Homes since December 29, 2023 and is currently priced at $1,395,000.

In April 2024 more than 3 listings in Lumberton, NC were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 12 were sold below. The number of listings in Lumberton, NC decreased by 1.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $194,000, while the average time on the real estate market was 104 days.

From Rocket Homes Real Estate and based on county public records data.

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