132 Kime Ave · Liberty, NC 27298

$218,000

3 bd · 1.0 ba · 999 sqft · SingleFamily public records · 143 Days on market

Built 1984 0.33 ac lot Est $185k · 18% over

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +11.8/30.0
• Livability +3.7/5.0
• Schools +3.6/10.0
• DSCR +3.5/10.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Bold w/ a pop of color, the true showstopper of the street! Completely renovated offering 3bdrms & 1 1/2 bath!! NEW exterior paint, windows, HVAC, flooring, paint, trendy fixtures, back deck, paved walkway, bathroom & kitchen both gutted & updated & more! Spacious & cozy living area flows seamlessly to dining area & jazzy kitchen w/ new cabinets, quartz countertops, edgy backsplash & NEW set of SS appliances, nothing left unturned. Primary spacious w/ bonus 1/2 bath & take notice of light fixtures that combine as ceiling fan. 2 other generously sized bdrms & hall ba has floating vanity & shower/tub has trendy tile that makes the room POP! Linen closet & laundry room round out the hallway! Backyard is blissful, new deck overlooking large, flat & shady fenced in backyard w/ a few storage buildings. Enjoy the new paved walkway leading into the home & detached carport. This cutie is minutes from the bypass and less than 10 from the Toyota Megasite! Come check out this PINK CUTIE.

Key facts

• Open floor plan
• Quartz countertops
• Vinyl flooring

Tags

• RANCH-STYLE HOME
• OPEN FLOOR PLAN
• VINYL FLOORING
• EAT-IN KITCHEN
• STAINLESS STEEL APPLIANCES
• QUARTZ COUNTERTOPS

Property features AI

Finance

• HOA & community: No homeowners association

Exterior

• Parking: Detached carport; Carport with space for 2 vehicles
• Utilities: Public sewer; Electric water heater
• Home design: Residential stick/site built house; One story; Built in 1984; Existing structure
• Construction: Brick construction
• Exterior features: Approximately 0.33 acre lot; Public water source; Publicly maintained road access; No pool

Interior

• Kitchen: Electric water heater (appliance listed)
• Bedrooms: Main-level bedroom(s)
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Central air; Heat pump for heating and cooling; Forced air heating; Electric heating fuel
• Interior features: Primary bedroom located on the main level

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $218k.

Deal economics

• At list price, monthly cash flow is $-62 ($-739/yr) — negative.
• To cash-flow at today's rent, offer at most $207k (5.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $165k (24.3% below list).
• Recommended offer: $165k (24.3% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 4.3% in Liberty — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 74/100 on livability (#56 in NC, #4,472 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools F, amenities F, commute F.
• Randolph County School System (rural): math 43% / reading 43% proficiency, ranked #94 of 178 in NC (top 53%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 79 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 789 units permitted in Randolph County in 2024 (168 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Randolph County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 143 days — a 12% lower offer ($192k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $24k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $165,000 (24.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 143 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.76% ✗
• Cap rate: 5.95%
• Cash-on-cash: -1.21%
• DSCR: 0.95
• GRM: 11.0

CMA / ARV

• ARV (on-the-fly): $184,815
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
535 Asheboro St	0.11mi	3/1.5	1,076 (+8%)	12mo	$199,000	$185	70
520 S Valley St	0.47mi	3/1.5	1,025 (+3%)	8mo	$223,000	$218	65
5860 Nc Highway 49 N	0.60mi	2/1.0 (-1)	1,122 (+12%)	1mo	$200,000	$178	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -18.3%
• Equity multiple: 0.36×
• Total profit: $-39,311
• Equity at exit: $32,505

10-year hold

• IRR: -10.7%
• Equity multiple: 0.35×
• Total profit: $-39,536
• Equity at exit: $18,849

Cash invested: $61,040 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 85 Strongly Landlord-Friendly
• State North Carolina: 85 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

10-day notice; preempted; landlord-favorable but court speed varies.

Methodology + full state rankings →

ZIP-level market 27298

• Home prices YoY: -12.8%
• Active inventory: 79
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,650 medium
• Mortgage (P&I): −$1,143
• Tax from tax record: −$131 /mo · $1,573/yr
• Insurance: −$91
• HOA: −$0
• Vacancy / Maint / Mgmt: −$346
• Net cashflow: $-62

Break-even live

Break-even rent $1,728

Max offer price $207,117

Occupancy floor 99%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $54,500
• Closing costs: $6,540
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
315 E Dameron Ave Liberty, NC	3.0	1.0	1050	$1,650	$1.57	12d	1	0.43mi

Listing history 18 events

1. 2026-06-01
   days on market $218,000 Active 143 DOM
2. 2026-05-31
   days on market $218,000 Active 142 DOM
3. 2026-05-31
   days on market $218,000 Active 141 DOM
4. 2026-04-01
   price $218,000
5. 2026-03-14
   price $225,000
6. 2026-02-24
   price $227,000
7. 2026-02-04
   price $239,900
8. 2026-01-09
   listed $242,000 Active
9. 2025-10-27
   price $249,900
10. 2025-10-16
    price $260,000
11. 2024-06-17
    soldstatus $220,000 Closed 1043-char remark

    Show marketing remark (1043 chars)

    Bold w/ a pop of color, the true showstopper of the street! Completely renovated offering 3bdrms & 1 1/2 bath!! NEW exterior paint, windows, HVAC, flooring, paint, trendy fixtures, back deck, paved walkway, bathroom & kitchen both gutted & updated & more! Spacious & cozy living area flows seamlessly to dining area & jazzy kitchen w/ new cabinets, quartz countertops, edgy backsplash & NEW set of SS appliances, nothing left unturned. Primary spacious w/ bonus 1/2 bath & take notice of light fixtures that combine as ceiling fan. 2 other generously sized bdrms & hall ba has floating vanity & shower/tub has trendy tile that makes the room POP! Linen closet & laundry room round out the hallway! Backyard is blissful, new deck overlooking large, flat & shady fenced in backyard w/ a few storage buildings. Enjoy the new paved walkway leading into the home & detached carport. This cutie is minutes from the bypass and less than 10 from the Toyota Megasite! Come check out this PINK CUTIE.

12. 2024-06-17
    soldstatus $220,000

    Show marketing remark (1043 chars)

    Bold w/ a pop of color, the true showstopper of the street! Completely renovated offering 3bdrms & 1 1/2 bath!! NEW exterior paint, windows, HVAC, flooring, paint, trendy fixtures, back deck, paved walkway, bathroom & kitchen both gutted & updated & more! Spacious & cozy living area flows seamlessly to dining area & jazzy kitchen w/ new cabinets, quartz countertops, edgy backsplash & NEW set of SS appliances, nothing left unturned. Primary spacious w/ bonus 1/2 bath & take notice of light fixtures that combine as ceiling fan. 2 other generously sized bdrms & hall ba has floating vanity & shower/tub has trendy tile that makes the room POP! Linen closet & laundry room round out the hallway! Backyard is blissful, new deck overlooking large, flat & shady fenced in backyard w/ a few storage buildings. Enjoy the new paved walkway leading into the home & detached carport. This cutie is minutes from the bypass and less than 10 from the Toyota Megasite! Come check out this PINK CUTIE.

13. 2024-06-07
    status Pending 1043-char remark

    Show marketing remark (1043 chars)

    Bold w/ a pop of color, the true showstopper of the street! Completely renovated offering 3bdrms & 1 1/2 bath!! NEW exterior paint, windows, HVAC, flooring, paint, trendy fixtures, back deck, paved walkway, bathroom & kitchen both gutted & updated & more! Spacious & cozy living area flows seamlessly to dining area & jazzy kitchen w/ new cabinets, quartz countertops, edgy backsplash & NEW set of SS appliances, nothing left unturned. Primary spacious w/ bonus 1/2 bath & take notice of light fixtures that combine as ceiling fan. 2 other generously sized bdrms & hall ba has floating vanity & shower/tub has trendy tile that makes the room POP! Linen closet & laundry room round out the hallway! Backyard is blissful, new deck overlooking large, flat & shady fenced in backyard w/ a few storage buildings. Enjoy the new paved walkway leading into the home & detached carport. This cutie is minutes from the bypass and less than 10 from the Toyota Megasite! Come check out this PINK CUTIE.

14. 2024-05-18
    historical Due Diligence Period 1043-char remark

    Show marketing remark (1043 chars)

    Bold w/ a pop of color, the true showstopper of the street! Completely renovated offering 3bdrms & 1 1/2 bath!! NEW exterior paint, windows, HVAC, flooring, paint, trendy fixtures, back deck, paved walkway, bathroom & kitchen both gutted & updated & more! Spacious & cozy living area flows seamlessly to dining area & jazzy kitchen w/ new cabinets, quartz countertops, edgy backsplash & NEW set of SS appliances, nothing left unturned. Primary spacious w/ bonus 1/2 bath & take notice of light fixtures that combine as ceiling fan. 2 other generously sized bdrms & hall ba has floating vanity & shower/tub has trendy tile that makes the room POP! Linen closet & laundry room round out the hallway! Backyard is blissful, new deck overlooking large, flat & shady fenced in backyard w/ a few storage buildings. Enjoy the new paved walkway leading into the home & detached carport. This cutie is minutes from the bypass and less than 10 from the Toyota Megasite! Come check out this PINK CUTIE.

15. 2024-05-15
    listed $220,000 Active 1043-char remark

    Show marketing remark (1043 chars)

    Bold w/ a pop of color, the true showstopper of the street! Completely renovated offering 3bdrms & 1 1/2 bath!! NEW exterior paint, windows, HVAC, flooring, paint, trendy fixtures, back deck, paved walkway, bathroom & kitchen both gutted & updated & more! Spacious & cozy living area flows seamlessly to dining area & jazzy kitchen w/ new cabinets, quartz countertops, edgy backsplash & NEW set of SS appliances, nothing left unturned. Primary spacious w/ bonus 1/2 bath & take notice of light fixtures that combine as ceiling fan. 2 other generously sized bdrms & hall ba has floating vanity & shower/tub has trendy tile that makes the room POP! Linen closet & laundry room round out the hallway! Backyard is blissful, new deck overlooking large, flat & shady fenced in backyard w/ a few storage buildings. Enjoy the new paved walkway leading into the home & detached carport. This cutie is minutes from the bypass and less than 10 from the Toyota Megasite! Come check out this PINK CUTIE.

16. 2024-05-13
    historical $220,000 1043-char remark

    Show marketing remark (1043 chars)

    Bold w/ a pop of color, the true showstopper of the street! Completely renovated offering 3bdrms & 1 1/2 bath!! NEW exterior paint, windows, HVAC, flooring, paint, trendy fixtures, back deck, paved walkway, bathroom & kitchen both gutted & updated & more! Spacious & cozy living area flows seamlessly to dining area & jazzy kitchen w/ new cabinets, quartz countertops, edgy backsplash & NEW set of SS appliances, nothing left unturned. Primary spacious w/ bonus 1/2 bath & take notice of light fixtures that combine as ceiling fan. 2 other generously sized bdrms & hall ba has floating vanity & shower/tub has trendy tile that makes the room POP! Linen closet & laundry room round out the hallway! Backyard is blissful, new deck overlooking large, flat & shady fenced in backyard w/ a few storage buildings. Enjoy the new paved walkway leading into the home & detached carport. This cutie is minutes from the bypass and less than 10 from the Toyota Megasite! Come check out this PINK CUTIE.

17. 2003-02-10
    soldstatus $91,000
18. 1992-07-14
    soldstatus $55,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NC · Resets to sale price

• Current annual tax: $1,573 · $131/mo
• Projected year-2 tax: $1,788 · $149/mo
• Expected delta: +$215/yr (+$18/mo · 13.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥102°F today · 17 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,800
• − Mortgage interest: −$12,211
• − Property taxes: −$1,573
• − Insurance: −$1,090
• − Repairs & maintenance: −$1,584
• − Management: −$1,584
• − Depreciation: −$6,342
• Taxable loss: −$4,584
• Est. tax savings @ 24.0%: +$1,100
• After-tax cash flow: $361/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Randolph County School System
• NCES district ID: 3703780
• Math proficiency: 43% ▲ 1.00%
• Reading proficiency: 43% ▲ 2.00%
• Median HH income: $43,490
• Composite: 36.37/100
• National rank: #4686
• State rank: #94 of 178 in NC

Livability — Liberty

• Score: 74/100
• State rank: #56
• US rank: #4472

Category grades

Amenities F Commute F Cost of living A+ Crime A- Employment F Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Liberty, NC
• Population (ZIP): 10,507

Population outlook (Randolph County) Hauer SSP2

• Today (2025): 142,640 people
• By 2030: 140,911 · -1.2%
• By 2040: 135,692 · -4.9%
• By 2050: 128,575 · -9.9%
• By 2075: 111,507 · -21.8%
• By 2100: 93,376 · -34.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 15% Two or more races 10% Black 7%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Slovak 4% Lithuanian 2% Serbian 1%
• Foreign-born: 7% · Canada
• Languages at home: 90% English-only · Spanish 9% French/Haitian/Cajun 1%

Political lean MEDSL · Randolph

• 2024 margin: Solid R (+57.2) · D 21.0% · R 78.3%
• 2008→2024 swing: -15.0pp toward R · 2008: -42.3pp · 2024: -57.2pp
• All cycles: 2024: R+57.2 2020: R+56.3 2016: R+56.7 2012: R+50.2 2008: R+42.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -37.90%
• Current HPI: 257.7834
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.28%
• F500 in state: 26

Industry mix (Fortune 500 HQ in NC)

Industry	F500 HQs	Revenue
▸Financial Services	2	$213B
▸Retail	2	$95B
▸Industrial Conglomerate	1	$38B
▸Metals / Steel	1	$35B
▸Utilities	1	$30B
▸Industrial Machinery	1	$19B

Price history

+296.4% since first listed

15 events — show timeline

• 2026-04-01 Price Changed $218,000 Triad MLS
• 2026-03-14 Price Changed $225,000 Triad MLS
• 2026-02-24 Price Changed $227,000 Triad MLS
• 2026-02-04 Price Changed $239,900 Triad MLS
• 2026-01-09 Listed $242,000 Triad MLS
• 2025-10-27 Price Changed $249,900 Triad MLS
• 2025-10-16 Price Changed $260,000 Triad MLS
• 2024-06-17 Sold (Public Records) $220,000 Public Records
• 2024-06-17 Sold (MLS) $220,000 Triad MLS
• 2024-06-07 Pending — Triad MLS
• 2024-05-18 Contingent — Triad MLS
• 2024-05-15 Listed $220,000 Triad MLS
• 2024-05-13 Coming Soon $220,000 Triad MLS
• 2003-02-10 Sold (Public Records) $91,000 Public Records
• 1992-07-14 Sold (Public Records) $55,000 Public Records

Property tax history

+5.2%/yr

Latest (2025): $1,573 · +12.2% YoY. Source: county tax records.