Score
0High Point, NC
289 Dorothy St
106K
2 beds
1 baths
864 sqft
2 bd • 1 ba • 864 sf
This analysis was generated on 2/14/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$106,000
Price/Sq.Ft
$123
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Affordable price point: At $106,000, the property offers an accessible entry point into the High Point housing market, especially for first-time homebuyers or investors.
• Competitive price per square foot: The price per square foot ($122.69) is relatively low compared to market averages, suggesting potential value.
• Rental income potential: With average 2-bedroom rental rates in High Point at $1,050/month, the property could generate a decent cash flow for investors.
• Proximity to major cities: High Point's central location between Greensboro and Winston-Salem provides access to amenities and job opportunities in the Piedmont Triad region.
The Bad
• Lack of information: The missing property description, room details, and utility information make it difficult to fully assess the property's condition and potential.
• Unknown property age: The absence of a year built raises concerns about the property's age and potential maintenance issues.
• Limited property features: The lack of listed property features suggests the property may lack modern amenities or desirable characteristics.
• Potential for hidden issues: Without a property description or inspection report, there's a risk of undisclosed issues that could require costly repairs or renovations.
The Ugly
• Potential for significant renovations: The lack of property details suggests the property may require extensive renovations to bring it up to desired standards.
• Unknown condition of systems: Without utility information, there's a risk that the property's essential systems (plumbing, electrical, HVAC) may be outdated or in need of repair.
• Risk of hidden issues: The absence of a property description or inspection report increases the risk of undisclosed problems that could require costly repairs.
• Neighborhood concerns: High Point has diverse neighborhoods, and some may have higher crime rates or lower property values, requiring careful research before purchasing.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• First-time homebuyers or individuals seeking an affordable entry point into the High Point market, particularly those comfortable with smaller living spaces and potential renovation projects.
• Investors looking for rental properties with potential for cash flow, given the property's price point relative to the average 2-bedroom rental rate in High Point ($1,050/month).
• Buyers interested in properties with potential for customization and value-add opportunities through renovations and updates.
• Individuals who prioritize affordability and are willing to invest time and resources into improving a property's condition and appeal.
Not For
• Buyers seeking move-in ready properties with modern amenities and updated features.
• Individuals with limited budgets for renovations or repairs, as the property may require significant investment to bring it up to desired standards.
• Those who prefer larger homes or require more living space, as the property's 864 square feet may be insufficient.
• Buyers seeking properties in highly desirable or well-established neighborhoods with high property values.
Demographics
Area Median Income
$50,895
Property History
Price History
Ownership Timeline
$63,500Financed
Sep 14, 2018William J Meadows, Dorthy L MeadowsRoger Simoneau
Warranty Deed
Standard Sale (Purchase/Resales)
$54,000Financed
Nov 2, 2010Ralph Helton Jr, Sandra HeltonDorthy Lucille Blevins
Warranty Deed
Standard Sale (Purchase/Resales)
$120,000Financed
Aug 9, 2002Timothy Joe Bolton, Amy BoltonRalph Helton Jr, Sandra D Gullion
Warranty Deed
Standard Sale (Purchase/Resales)
Sunlight Analysis
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Sunlight Analysis
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Financials
Monthly Costs
Market Rent (2 bed)
Get a detailed estimate on Zillow$1,050
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$106,000
Price/sqft
$123
Layout
2 bd•1 ba
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$106,675
0.6%
Your price is 0.6% below average
Median Price
$96,000
10.4%
Based on 6 recent sales
Price per Sq.Ft
$131
6.3%
Your price is 6.3% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 1518 National Highway, Thomasville, NC 27360 | $53,000 | 881 | 2 | 1 | $6051.0% | 1/6/2025 |
| 526 Ridgecrest Drive, High Point, NC 27262 | $96,000 | 884 | 2 | 1 | $10911.5% | 11/14/2024 |
| 420 Hodgin Street, High Point, NC 27262 | $77,800 | 936 | 3 | 1 | $8332.2% | 12/3/2024 |
| 285, 281-283 Dorothy Street, High Point, NC 27262 | $210,000 | 945 | 2 | 1 | $22281.1% | 9/24/2024 |
| 1119 Burton Avenue, High Point, NC 27262 | $183,250 | 1,000 | 3 | 1 | $18349.4% | 10/10/2024 |
| 333 Wingo Street, High Point, NC 27262 | $20,000 | N/A | N/A | N/A | N/A | 1/20/2025 |
1518 National Highway, Thomasville, NC 27360
Price: $53,000
Sq.Ft: 881
Beds/Baths: 2/1
$/Sq.Ft:
$6051.0%
Sale Date: 1/6/2025
526 Ridgecrest Drive, High Point, NC 27262
Price: $96,000
Sq.Ft: 884
Beds/Baths: 2/1
$/Sq.Ft:
$10911.5%
Sale Date: 11/14/2024
420 Hodgin Street, High Point, NC 27262
Price: $77,800
Sq.Ft: 936
Beds/Baths: 3/1
$/Sq.Ft:
$8332.2%
Sale Date: 12/3/2024
285, 281-283 Dorothy Street, High Point, NC 27262
Price: $210,000
Sq.Ft: 945
Beds/Baths: 2/1
$/Sq.Ft:
$22281.1%
Sale Date: 9/24/2024
1119 Burton Avenue, High Point, NC 27262
Price: $183,250
Sq.Ft: 1,000
Beds/Baths: 3/1
$/Sq.Ft:
$18349.4%
Sale Date: 10/10/2024
333 Wingo Street, High Point, NC 27262
Price: $20,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 1/20/2025
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