NOT LISTED FOR SALE

1075 Shue Rd China Grove, NC 28023

Estimated Value: $270,000 - $291,650

5 Beds
1 Bath
1,502 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $230,000 $153 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,703/month

110 Days on Market

Highlights

  • Wooded Lot
  • Laundry Room
  • Ceiling Fan
  • Detached Garage
  • Pasture
  • Paved or Partially Paved Lot

About This Home

As of January 2022

This charming 1930's home is waiting for your personal touch. This home sits on 4.7 acres with 410 feet of road frontage just outside the city limits of China Grove and offers lots of character that you just can not buy from your local home improvement store. The home has 4 places for wood/pellet burning stoves with 3 chimneys in place. So far this summer the highest electric bill has been $125. 3 window AC units are included with the home. Easy access to I85, Hwy 29 and the newly renovated down town Kannapolis. This home has a spacious unfinished basement with a sump pump installed. This home is being sold as is. Sellers will not do repairs.

Last Agent to Sell the Property

Travis Rabon

Premier Real Estate Team Inc. License #319643 Listed on: 08/11/2021

Last Buyer's Agent

Brian Baumgardner

MartinGroup Properties Inc License #285541

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1939

Lot Details

  • Paved or Partially Paved Lot
  • Cleared Lot
  • Wooded Lot
  • Zoning described as RS

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • Driveway

Schools

  • China Grove Elementary And Middle School
  • Jesse Carson High School

Farming

  • Pasture

Utilities

  • Heating System Uses Oil
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 114021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,417

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1939
  • Ratio Current Price By Acre: 48936.17
  • Road Surface Type: Gravel
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1502
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 500
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 800
  • Sq Ft Unheated Upper: 300
  • Sq Ft Upper: 0
  • Porch: Front,Side
  • Fixture Exception Description: Stove, TV mounts on wall
  • Appliances: Cable Prewire, Ceiling Fan(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 1502
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

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

Utilities

  • Heating: Oil
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Schools

  • Middle Or Junior School: China Grove
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Pasture, Paved, Wooded, Wooded
  • Lot Size Area: 4.7
  • Lot Size Units: Acres
  • Parcel Number: 114021
  • Zoning Description: RS

Tax Info

  • RATIO List Price By Tax Amount: 1.86674

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: China Grove
  • High School: Jesse Carson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Jan 3, 2022
Sold by
Fagan Stephen Duane and Delisle Allison Marie
Bought by
Hatley Donald E and Hatley Jennife
Seller's Agent
Travis Rabon
Premier Real Estate Team Inc.
Buyer's Agent
Brian Baumgardner
MartinGroup Properties Inc
List Price
$299,999
Sold Price
$230,000
Premium/Discount to List
-$69,999
-23.33%
Total Days on Market
110
Current Estimated Value
$283,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,413
Avg. Annual Appreciation
7.97%
Original Mortgage
$218,500
Outstanding Balance
$203,279
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$95,435
Source: Public Records

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Range of Values:

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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
Hatley Donald E $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatley Donald E $77,850
Open Hatley Donald E $218,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $230,000 -16.3% $153 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
10/17/2021 10/17/21 Price Changed $274,900 -8.4% $183 / Sq Ft
08/11/2021 08/11/21 For Sale $299,999 -- $200 / 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
2024 $1,417 $211,535 $85,305 $126,230
2023 $1,417 $211,535 $85,305 $126,230
2022 $1,101 $147,262 $69,243 $78,019
2021 $1,093 $147,262 $69,243 $78,019
2020 $701 $147,262 $69,243 $78,019
2019 $701 $147,262 $69,243 $78,019
2018 $639 $131,862 $69,243 $62,619
2017 $639 $131,862 $69,243 $62,619
2016 $639 $131,862 $69,243 $62,619
2015 $648 $131,862 $69,243 $62,619
2014 $627 $134,508 $69,243 $65,265
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3772993

Canopy MLS (Canopy Realtor® Association)

APN: 114-021