$245,000
SOLD MAY 28, 2025

1040 Cedar Dr Germanton, NC 27019

3 Beds
2 Baths
1,432 Sq Ft
0.67 Acres

Recently Sold

$171 Per Sq Ft

26% Below List Price

32 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Wood Siding
  • No HOA
  • Attached Carport

About This Home

As of May 2025

**MOTIVATED SELLER - bring an offer!** This charming brick ranch home offers comfortable one-level living on a quiet, dead-end road. Featuring 3 beds and 2 baths, this residence is perfect for those seeking serene surroundings. Step inside to discover beautiful hardwood floors flowing throughout the main living areas. The home is thoughtfully equipped with easy-care accordion blinds on windows, offering both privacy and convenience. The spacious living areas are complemented by a full, unfinished basement, providing ample potential for future expansion or storage. For added peace of mind, the home is wired for a generator, ensuring you're prepared for any weather. Enjoy outdoor living on the covered front porch, perfect for relaxing evenings, or entertain guests on the rear deck overlooking the large backyard, ideal for gardening, play, or simply enjoying the outdoors. A large storage shed offers plenty of space for tools and equipment. Don't miss the opportunity to make this your own.

Last Agent to Sell the Property

Dana Hubbard

Carolina Triad Choice Realty License #302546 Listed on: 04/01/2025

Last Buyer's Agent

Emily Phipps

Keller Williams Realty Elite License #213364

Keller Williams Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1962

Lot Details

  • 0.67 Acre Lot
  • Property is zoned R-A

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,432 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 693107780928
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,523

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.67
  • Subdivision Name: None
  • Directions: From NC-65 take S Friendship Rd, Right onto Old 8 rd, Left onto Cedar Drive, home is on the right
  • Above Grade Finished Sq Ft: 1432
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1962
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Range Hood, Electric Water Heater
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Pantry
  • Has Basement: Unfinished, Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1432
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: Brick, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Heating: Heat Pump, See Remarks, Electric, Oil
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 693107780928
  • Zoning: R-A

Tax Info

  • Tax Annual Amount: 1523
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.0079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2025
Closed on
May 28, 2025
Sold by
Cox Donna T and Cox Stephen C
Bought by
Hampson Benjamin Ira and Gilley Audrey Nicole
Seller's Agent
Dana Hubbard
Carolina Triad Choice Realty
Buyer's Agent
Emily Phipps
Keller Williams Realty Elite
List Price
$330,000
Sold Price
$245,000
Premium/Discount to List
-$85,000
-25.76%
Views
2390
Current Estimated Value
$253,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,840
Avg. Annual Appreciation
6.92%
Original Mortgage
$232,750
Outstanding Balance
$232,155
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$21,685

Purchase Details

Closed on
Jan 30, 2015
Sold by
Tucker Franklin W and Tucker Cleercy W
Bought by
Cox Donna T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
3.88%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $245,000 None Listed On Document
Warranty Deed $245,000 None Listed On Document
Warranty Deed $90,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,750 New Conventional
Closed $232,750 New Conventional
Previous Owner $79,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2025 05/28/25 Sold $245,000 -2.0% $171 / Sq Ft
05/03/2025 05/03/25 Pending -- -- --
04/29/2025 04/29/25 Price Changed $250,000 -3.5% $175 / Sq Ft
04/26/2025 04/26/25 Price Changed $259,000 -3.4% $181 / Sq Ft
04/18/2025 04/18/25 Price Changed $268,000 -7.3% $187 / Sq Ft
04/16/2025 04/16/25 Price Changed $289,000 -3.6% $202 / Sq Ft
04/11/2025 04/11/25 Price Changed $299,900 -4.8% $209 / Sq Ft
04/04/2025 04/04/25 Price Changed $315,000 -4.5% $220 / Sq Ft
04/01/2025 04/01/25 For Sale $330,000 -- $230 / Sq Ft
Source: Triad MLS

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 $1,306 $182,600 $20,800 $161,800
2024 $1,306 $130,400 $17,000 $113,400
2023 $1,030 $130,400 $17,000 $113,400
2022 $965 $130,400 $17,000 $113,400
2021 $965 $130,400 $17,000 $113,400
2020 $867 $117,200 $16,000 $101,200
2019 $33 $117,200 $16,000 $101,200
2018 $867 $117,200 $16,000 $101,200
2017 $861 $117,200 $16,000 $101,200
2016 $831 $113,100 $16,000 $97,100
2015 $826 $113,100 $16,000 $97,100
2014 $852 $113,100 $16,000 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1175356

Triad MLS

APN: 693107780928