NOT LISTED FOR SALE

106 Vanderbilt Cir Unit 7 Locust, NC 28097

Estimated Value: $428,000 - $482,000

0.37 Acre
$1,221,657 Price per Acre
16,117 Sq Ft Lot

Last Sold February 25, 2021

Last sale price $55,000

Est. 722% increase in value since last sale

Current estimated payment $2,830/month

154 Days on Market

About This Lot

As of February 2021

Great wooded Lot in beautiful Locust Valley Subdivision. 3/4"water tap on each lot, 3/4 meter is $510 per Stanly County Utilities. Sewer tap fee is paid, sewer capacity fee is $5300 per City of Locust. min square feet to build is 1800. See ccr's attached. Convenient to Concord, Albemarle and Charlotte..just 12 miles for I-485 exit 41.

Last Agent to Sell the Property

Taren Myrick

ProStead Realty License #208681 Listed on: 08/04/2020

ProStead Realty

Last Buyer's Agent

Melinda Corns

Caruso Homes, Inc. License #296474

Property Details

Property Type

  • Land

Year Built

  • 2021

Lot Details

HOA Fees

  • $25 Monthly HOA Fees

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5575-02-55-4880

Community Details

Overview

  • Locust Valley HOA, Phone Number (704) 907-4890

Recreation

  • Community Pool

Property Details

Property Type

Land

Year Built

2021

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.84746
  • Ratio Close Price By Original Li: 0.84746
  • Ratio Current Price By Acre: 148648.65
  • Restrictions: Architectural Review, Square Feet
  • Special Features: None
  • Year Built (Public Record): 2021

Interior Features

  • Foundation Details: Basement, Crawl Space
  • H O A Management Phone: 704-907-4890

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer
  • Water: County Water

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Sidewalk
  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Locust Valley HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 82x220
  • Lot Features: Paved Frontage
  • Lot Size Area: 0.370
  • Parcel Number: 5575-02-55-4880
  • Zoning Specification: NR
  • Plat Book Slide: 19/152-153
  • Plat Reference Section Pages: 19/152-153
  • Wooded Acres: 0.37

Tax Info

  • Tax Value: 23000.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2022
Sold by
Adams Homes Aec Llc
Bought by
Mcneil Steven Levon
Total Days on Market
154
Current Estimated Value
$452,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,670
Outstanding Balance
$325,573
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$126,701
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
Mcneil Steven Levon $344,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcneil Steven Levon $337,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $55,000 -15.3% --
01/05/2021 01/05/21 Pending -- -- --
08/04/2020 08/04/20 For Sale $64,900 -- --
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
2024 $3,364 $308,661 $35,000 $273,661
2023 $3,484 $308,661 $35,000 $273,661
2022 $1,730 $149,071 $35,000 $114,071
2021 $374 $35,000 $35,000 $0
2020 $257 $23,000 $23,000 $0
2019 $260 $23,000 $23,000 $0
2018 $260 $23,000 $23,000 $0
2017 $260 $23,000 $23,000 $0
2016 $243 $21,500 $21,500 $0
2015 $242 $21,500 $21,500 $0
2014 $444 $21,500 $21,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3648140

Canopy MLS (Canopy Realtor® Association)

APN: 5575-02-55-4880