NOT LISTED FOR SALE

107 Newman Rd Elkin, NC 28621

Estimated Value: $164,000 - $189,000

2 Beds
1 Bath
1,000 Sq Ft
$176/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2023

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

Est. 1% increase in value since last sale

Current estimated payment $1,011 / mo

2 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Elkin Middle School Rated A

About This Home

As of November 2023

Beautiful cottage in a quiet neighborhood three minutes to town, shopping and vineyards. Updated kitchen and bathroom, new roof, new flooring throughout, newer windows, updated electrical. Laundry hookups off the kitchen. Stainless steel appliances convey. Large basement perfect for storage.

Last Agent to Sell the Property

Christopher Hockenbury

Basin Creek Realty License #303819 Listed on: 09/25/2023

Last Buyer's Agent

Karen Jones

Karen Jones & Associates, LLC License #89238

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $602

Year Built

  • Built in 1945

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned MDR

Parking

  • Gravel Driveway

Home Design

  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 888 Sq Ft Home
  • 700-1,000 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 494116835782
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$602

Year Built

Built in 1945

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Subdivision Name: None
  • Directions: Starting at Elkin High head northwest on Elk Spur St toward Azalea Cir turn left onto Harris Ave turn right onto Sunset Ave turn left onto Newman Rd destination will be on the left
  • Above Grade Finished Sq Ft: 888
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1945
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 1000
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 888
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 494116835782
  • Zoning: MDR
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 602
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Nov 7, 2023
Sold by
Mcgorty Matthew and Mcgorty Magdalena
Bought by
Murray April N
Seller's Agent
Christopher Hockenbury
Basin Creek Realty
Buyer's Agent
Karen Jones
Karen Jones & Associates, LLC
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%
Views
27
Current Estimated Value
$176,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,298
Avg. Annual Appreciation
0.31%
Original Mortgage
$176,767
Outstanding Balance
$171,651
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$4,647

Purchase Details

Listed on
Apr 12, 2023
Closed on
Jun 7, 2023
Sold by
Harrison James L and Harrison Debra
Bought by
Cinceva Magdalena
Seller's Agent
Daniel Demers
Sell Your Home Services LLC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$70,000
Sold Price
$44,700
Premium/Discount to List
-$25,300
-36.14%
Views
309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2290.25%

Purchase Details

Closed on
Nov 6, 2006
Sold by
Billings Robert J and Billings Ashley H
Bought by
Harrison James L and Harrison Deborah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,350
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2006
Sold by
Centex Home Equity Company Llc
Bought by
Billings Robert J and Billings Ashley H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,075
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2002
Source: Public Records
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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
Murray April N $175,000 None Listed On Document
Murray April N $175,000 None Listed On Document
Cinceva Magdalena $45,000 None Listed On Document
Cinceva Magdalena $45,000 None Listed On Document
Harrison James L $61,500 None Available
Billings Robert J $37,000 None Available
-- $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray April N $176,767
Closed Murray April N $176,767
Previous Owner Harrison James L $55,350
Previous Owner Billings Robert J $33,075
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2023 11/15/23 Sold $175,000 -2.2% $250 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $179,000 +300.4% $256 / Sq Ft
06/12/2023 06/12/23 Sold $44,700 -36.1% $64 / Sq Ft View Prior Sale
04/19/2023 04/19/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $70,000 -- $100 / Sq Ft
Source: Triad MLS

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 $835 $123,620 $15,000 $108,620
2024 $705 $96,620 $14,000 $82,620
2023 $391 $53,030 $12,600 $40,430
2022 $397 $51,970 $12,600 $39,370
2021 $402 $51,970 $12,600 $39,370
2020 $395 $49,050 $12,600 $36,450
2019 $392 $49,050 $12,600 $36,450
2018 $387 $49,050 $0 $0
2017 $389 $49,050 $0 $0
2016 $384 $49,050 $0 $0
2013 -- $50,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1120370

Triad MLS

APN: 4941-16-83-5782

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