New Listing
Description
416 Catherine Street offers a unique investment opportunity for a buyer prepared to take on a substantial renovation project. The property includes 3 bedrooms, 1 bathroom, a living room and kitchen and is situated on a .41± acre lot within town limits. PROPERTY IS A MAJOR FIXER-UPPER AND HAS SIGNIFICANT TERMITE DAMAGE WITH ACTIVE TERMITES PRESENT. Seller is unable to convey clear title, and the property will be conveyed by Quitclaim Deed only. Removing or demolishing the existing home will not resolve the title issue. Given the condition and title limitations, this property may be best suited for an investor interested in renovating the home for long-term rental use. After several years of ownership, a future owner may have options for pursuing clear title; however, there is no guarantee that clear or marketable title can ultimately be obtained. Buyer and buyer's attorney should independently investigate and fully understand the property's condition, title status, insurability, financing limitations and the legal effect of accepting a Quitclaim Deed prior to purchase. Property is being sold AS-IS.
Details
| MLS # | 100608262 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Listing Provided By | United Country Forbes Realty & Auctions LLC | Jake Forbes |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Zoning | R |
| Acreage | 0.41 |
| Property View | None |
Interior
| Interior Features | None |
|---|---|
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Cooling | None |
| Fireplace Yes / No | No |
| Rooms Total | 5 |
Exterior
| Exterior Features | None |
|---|---|
| Roof | Composition |
| Foundation Details | Crawl Space |
| View | None |
| Construction Materials | Vinyl Siding, Wood Frame |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Unpaved |
Utilities
| Utilities | Water Available |
|---|
Taxes
| Tax Assessed Value | 22400 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | 5-D032-0046-W |
| Tax Year | 2022 |
Area Information
| State | NC |
|---|---|
| County | Perquimans |
| City | Hertford |
| Zip Code | 27944 |
| Community Name | Winslow |
| Elementary School | Perquimans Central/Hertford Gram |
| High School | Perquimans County High School |
| Listing VS Median (in Winslow) | |
Price: $20,000 low | high Med: $523,500 | |
Market Activity 27944
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Learn More About This Property
| State | NC |
|---|---|
| County | Perquimans |
| City | Hertford |
| Zip Code | 27944 |
| Community Name | Winslow |
| Elementary School | Perquimans Central/Hertford Gram |
| High School | Perquimans County High School |
| Listing VS Median (in Winslow) | |
Price: $20,000 low | high Med: $523,500 | |