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Sold for $387,000 on 07/14/23
  • $387,000

    400 Otteray Ave, High Point, NC 27262

    3beds
    2,122sqft
    Stick/Site Built, Residential, Single Family Residence
    Built in 1939
    0.26 Acres Lot
    $411,700 Zestimate®
    $--/sqft
    $1,989 Estimated rent

    Home value

    $411,700

    $391,000 - $432,000

    $1,989/mo

    Zestimate® history
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    What's special

    The "High Point Jewel" is a charming 3 bed 2.5 bath home with the primary bedroom on the main floor. It is an active cash-flowing mid/short-term rental (AirBnB) located in the adorable Roland Park neighborhood. Recent mid-term lease was for $4000/month. Located close to the High Point Furniture Market, medical centers, High Point University, shopping, entertainment, & restaurants this property is in a fantastic location. This home also includes a large office & finished basement that can be used for various uses or to add additional guest sleeping areas. Check out the covered deck, patio, & private hot tub in the peaceful backyard garden. Property is sold turnkey, fully furnished, w/ guest reservations in place for instant revenue. There is an unfinished tiny house that could be a second income-generating property, art studio, or work shed. Permit status is unknown, but it does have electricity, a private garden area, & private entrance that can be separated from the main home.

    Zillow last checked: 8 hours ago

    Listing updated: April 11, 2024 at 08:50am

    Listed by:

    Tehane Lamley 719-200-1167,

    Wayfinder Homes LLC

    Bought with:

    Christy Clement, 208752

    Stan Byrd & Associates

    Source: Triad MLS,MLS#: 1108892MLS LogoOriginating MLS: Winston-Salem

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Upper
    Bedroom 3
    • Level: Upper
    Den
    • Level: Basement
    Dining room
    • Level: Main
    Entry
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Basement
    Living room
    • Level: Main
    Office
    • Level: Main
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Microwave, Convection Oven, Cooktop, Dishwasher, Disposal, Range, Ice Maker, Free-Standing Range, Electric Water Heater
    • Laundry: Dryer Connection, In Basement, Washer Hookup
    Features
    • Built-in Features, Ceiling Fan(s), Solid Surface Counter
    • Flooring: Wood
    • Basement: Finished, Basement, Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 2,122
    • Total interior livable area: 2,122 sqft
    • Finished area above ground: 1,754
    • Finished area below ground: 368

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Garage, Paved, On Street, Detached
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Exterior features: Lighting, Garden
    • Pool features: None
    • Fencing: Fenced,Privacy
    Lot
    • Size: 0.26 Acres
    • Dimensions: 75 x 150
    • Features: Cleared, Corner Lot, Level, Partially Wooded, Flat
    • Residential vegetation: Partially Wooded
    Details
    • Additional structures: Gazebo, Storage
    • Parcel number: 0188493
    • Zoning: RS-9
    • Special conditions: Owner Sale

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Stick/Site Built, Residential, Single Family Residence
    Materials
    • Aluminum Siding, Vinyl Siding
    Condition
    • Year built: 1939

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Security Lights
    Location
    • Region: High Point
    • Subdivision: Roland Park

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    7/14/2023Sold$387,000-6.7%
    Source: Triad MLS #1108892
    6/17/2023Pending sale$415,000
    Source: Triad MLS #1108892
    6/15/2023Listed for sale$415,000+11.3%
    Source: Triad MLS #1108892
    10/11/2022Sold$373,000+6.6%
    Source: Triad MLS #1083430
    9/12/2022Pending sale$350,000
    Source: Triad MLS #1083430

    Public tax history

    YearProperty taxesTax assessment
    2025$4,445 $322,600
    2024$4,445 +2.2%$322,600
    2023$4,349 $322,600

    Find assessor info on the county website

    Neighborhood: 27262

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Northwood
    • Middle: Ferndale
    • High: High Point Central

    Source: Triad MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $411,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $411,700