5 months on rocket

504 E Fairfield Rd, High Point, NC, 27263

$255,900

Home List Price

$3,039*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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504 E Fairfield Rd, High Point$255,900

Buyer Closing Credits

$3,039*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingGravel
Year Built1983
HeatingHeat Pump, Electric
CoolingCentral Air
MLS #1125955
Lot Size0.49 Acres
StatusActive

About 504 E Fairfield Rd

Welcome to 504 E. Fairfield Rd., a prime investment opportunity nestled in the heart of High Point and Archdale, NC This multifamily triplex offers an incredible investment prospect for discerning investors looking to capitalize on the thriving real estate market in the area. This well-maintained triplex features three units, offering a blend of convenience and comfort. Units A and B, each comprising 1 bedroom and 1 bathroom, are currently leased at $525 each, providing a steady and reliable income stream. Unit C, a spacious 2-bedroom, 1-bathroom dwelling, is rented for $650, adding to the overall profitability of the property. All units are currently leased, reflecting the high demand for housing in this location.

Property Details

Property Features

Property Information:

  • Year Built: 1983

Listing Office:

  • Office Name: Allen Tate High Point
  • Office Phone: (336) 883-0069
  • Listing Agent: Miguel Carreno

Interior Features

Interior Information:

  • Appliances: Electric Water Heater

Exterior Features

Parking Information:

  • Parking: Gravel

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.49 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Middle College Gtcc High Point, Public District Grades 9-12
  • The Academy At Central, Public District Grades 9-12
  • Gtcc Middle College High School, Public District Grades 9-12
  • Allen Jay Middle, A Preparatory Academy, Public District Grades 5-8
  • Southern Guilford Middle School, Public District Grades 6-8
  • Allen Jay Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I-85 to NC 62 South. Take Right onto E Fairfield Rd. Triplex on left. Address on mailbox From Business 85 to South Main St. Left to East Fairfield Rd, Triplex building on Left. Address on mailbox

Price Information

Listing Price Info

Price Summary:

  • List Price: $255,900

Tax Information:

  • Annual Amount: $1,530
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in High Point, NC.

Med. Sold Price

$254.3K

Med. Price/SqFt

$155

Avg. Days On Market

41

# of Sold Homes

127

504 E Fairfield Rd vs High Point

160 DAYS ON ROCKET

+119 Days

$255,900

+$1.5K More

KEY TAKEAWAY

This property is $1.5K more than the Median Sold Price in High Point, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1125955

Listing Office:

  • Office Name: Allen Tate High Point
  • Office Phone: (336) 883-0069
  • Listing Agent: Miguel Carreno

IDX Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 11:25:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,530$148,900
2020$1,529$148,900
2018$1,529$148,900
2017$1,502$148,900

History based on county public records data.

Payment Calculator

$1,345

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$834

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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-3650494
4
/10
  • Allen Jay Elementary School

  • 1311 E Springfield Rd

  • 1.31 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3650495
6
/10
  • Allen Jay Middle, A Preparatory Academy

  • 1201 E Fairfield Rd

  • 0.80 miles

  • Public District Grades 5-8

school-card-donut-3650496
3
/10
  • Southern Guilford Middle School

  • 5747 Drake Rd

  • 6.98 miles

  • Public District Grades 6-8

High School

school-card-donut-3650497
8
/10
  • Middle College Gtcc High Point

  • 901 S Main St

  • 2.15 miles

  • Public District Grades 9-12

school-card-donut-3650498
3
/10
  • The Academy At Central

  • 700 Chestnut Dr

  • 3.49 miles

  • Public District Grades 9-12

school-card-donut-3650499
7
/10
  • Gtcc Middle College High School

  • 601 High Point Rd

  • 6.08 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,000. The most common annual income of people living in High Point, NC is less than $35k. 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


Rocket HomesNorth CarolinaGuilford CountyHigh Point27263504 E Fairfield Rd

This home is located at 504 E Fairfield Rd in High Point, NC and zip code 27263 in the E. Fairfield Apartments neighborhood. This home was built in 1983. It has been listed on Rocket Homes since November 22, 2023 and is currently priced at $255,900.

High Point, NC housing market in March 2024 saw over 28 listings sold above listed price, more than 23 sold at listed price and over 76 sold below. The number of listings in High Point, NC increased by 7.2% between February 2024 and March 2024. Listings spent 41 days on the market in March 2024, and had a median list price of $254,330 during the same period.

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

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