NOT LISTED FOR SALE

101 S Oak St Lowell, NC 28098

Estimated Value: $198,000 - $236,000

2 Beds
1.5 Baths
1,019 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $175,000 $172 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,301/month

5 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Paved or Partially Paved Lot

About This Home

As of October 2022

This brick home sits almost in the heart of Lowell in a very quiet neighborhood, long term 30 year long tenant currently on a month to month lease at 700.00 per month. Floorplan is two bedrooms and 1.5 baths, den, kitchen and breakfast area. Although very neat and clean the price reflects updates needed to comp out in the 215K-220K range. Seller is selling this home as it is but knows of no issues. Tenant prefers to stay and always pays on time.

Last Agent to Sell the Property

John R. Bolin

Allen Tate Gastonia License #100462 Listed on: 09/12/2022

Allen Tate Gastonia

Last Buyer's Agent

Brittany Elkin

Fathom Realty NC LLC License #288787

Fathom Realty NC LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,883

Year Built

  • Built in 1964

Lot Details

  • Paved or Partially Paved Lot
  • Level Lot
  • Zoning described as MU-1

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,019 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 202887

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,883

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Ratio Current Price By Acre: 324074.07
  • Restrictions: None
  • Doors and Windows: Storm Door(s),Storm Window(s)
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 171.74
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1019
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Front
  • Appliances: Ceiling Fan(s), Electric Oven, Electric Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1019
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Tax Location: Lowell
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 1 Car

Utilities

  • Heating: Gas Hot Air Furnace, Wall Unit(s)
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Laundry Room, Utility Room
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Paved
  • Lot Size Area: 0.54
  • Lot Size Units: Acres
  • Parcel Number: 202887
  • Lot Size: .54
  • Zoning Description: MU-1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.97428

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Oct 28, 2022
Sold by
Reid Family Enterprises Llc
Bought by
Elkin Brittany M and Elkin Jonathan D
Seller's Agent
John R. Bolin
Allen Tate Gastonia
Buyer's Agent
Brittany Elkin
Fathom Realty NC LLC
List Price
$175,000
Sold Price
$175,000
Views
20
Current Estimated Value
$214,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,737
Avg. Annual Appreciation
7.36%
Original Mortgage
$140,000
Outstanding Balance
$133,869
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$80,868
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elkin Brittany M $175,000 --
Elkin Brittany M $175,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elkin Brittany M $140,000
Closed Elkin Brittany M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $175,000 0.0% $172 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $175,000 -- $172 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,883 $176,160 $22,000 $154,160
2024 $1,883 $176,160 $22,000 $154,160
2023 $2,088 $176,160 $22,000 $154,160
2022 $1,250 $88,640 $17,000 $71,640
2021 $1,170 $88,640 $17,000 $71,640
2019 $1,126 $88,640 $17,000 $71,640
2018 $898 $69,094 $14,400 $54,694
2017 $898 $69,094 $14,400 $54,694
2016 $898 $69,094 $0 $0
2014 $970 $74,585 $18,000 $56,585
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3903266

Canopy MLS (Canopy Realtor® Association)

APN: 202887