NOT LISTED FOR SALE

1078 Old Smith Chapel Rd Mount Olive, NC 28365

Estimated Value: $138,387

3 Beds
3 Baths
1,449 Sq Ft
$96/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $29,000 $20 Per Sq Ft

Est. 377% increase in value since last sale

Current estimated payment $857/month

13 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Central Air
  • Wood Flooring
  • No HOA
  • Heat Pump System

About This Home

As of March 2023

Property will need a new septic system. Due to soil conditions it will most likely have to be above ground. This 3 bed & 3 full bath home offers a unique investment opportunity for those looking to flip a fixer-upper or add to their rental portfolio. Despite being affected by a hurricane with the flooding of the left side of the property 5 years ago. This property was updated before the flood and mainly needs structural work to be brought back to life. It has the potential to be a great investment with the right renovations. Whether you're looking to flip for profit or rent for passive income to students at the local university, the property has the potential to deliver a strong return on investment. This property is being sold as-is with the buyer interested in cash offers. Property is not in a flood zone was just effected from hurricane Matthew. Bring Offers!

Last Agent to Sell the Property

Christian Jacobson

Sewell Realty Group License #310468 Listed on: 02/01/2023

Last Buyer's Agent

Lesly Penick

JA REALTY & CONSULTING LLC License #317718

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1948

Lot Details

  • 0.32 Acre Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,449 Sq Ft Home
  • 1 Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Gravel Driveway
  • Unpaved Parking

Schools

  • Carver Elementary School
  • Mount Olive Middle School
  • Southern Wayne High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$691

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Year Built: 1948
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1449.0
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 200.0
  • General Property Information Total Unfinished Area2: 200.0
  • General Property Information Lot Size Dimensions: See Plate
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • General Property Information Above Grade Finished Area: 1449.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 13939.2
  • General Property Information Lot Size Acres: 0.32
  • General Property Information:Living Area3: 1449.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.32
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel, Unpaved
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Unpaved: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wayne - Southern Wayne
  • Middle Or Junior School: Wayne - Mount Olive

Lot Info

  • Lot Dimensions: See Plate
  • Lot Size Sq Ft: 13939.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 691.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wayne - Carver
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $29,000 -- --
03/08/2023 03/08/23 Sold $29,000 -12.1% $20 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/13/2023 02/13/23 Price Changed $33,000 -5.7% $23 / Sq Ft
02/08/2023 02/08/23 Price Changed $35,000 -10.3% $24 / Sq Ft
02/01/2023 02/01/23 For Sale $39,000 -- $27 / Sq Ft
Source: Doorify MLS

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Christian Jacobson

    Sewell Realty Group

    Section Image
  • Lesly Penick

    Buyer's Agent in 2023

    Lesly Penick

    JA REALTY & CONSULTING LLC

    (919) 274-4530

    1 in this area

    24 Total Sales

    Lesly Penick
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2493090

Doorify MLS

APN: 2562872661

North Carolina Wayne County Mount Olive 28365

1078 Old Smith Chapel Rd, Mount Olive, NC

Not Listed for Sale

Detached

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