$55,000
SOLD FEB 25, 2021

108 Vanderbilt Cir Unit 8 Locust, NC 28097

0.37 Acre
$148,649 Price per Acre
16,117 Sq Ft Lot

Recently Sold

15% Below List Price

154 Days on Market

Highlights

  • Community Pool
  • Many Trees
  • Level Lot
  • Locust Elementary School Rated A-

About This Lot

As of September 2022

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

Adams Homes Realty-NC, Inc. License #296474

Adams Homes Realty-NC, Inc.

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Many Trees

HOA Fees

  • $25 Monthly HOA Fees

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5575-02-55-5710

Community Details

Overview

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

Recreation

  • Community Pool

Property Details

Property Type

Land

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

Interior Features

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

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines

Utilities

  • Sewer: City Sewer
  • Water: County Water

Condo/Co-op/Association

  • Community Features: Outdoor Pool
  • 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: 75x220
  • Lot Features: Level, Paved Frontage, Trees
  • Lot Size Area: 0.370
  • Parcel Number: 5575-02-55-5710
  • 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

Listed on
Jun 13, 2022
Closed on
Sep 6, 2022
Sold by
Adams Homes Aec Llc
Bought by
Powell Cody and Powell Abigail South
Seller's Agent
Melinda Corns
Adams Homes Realty-NC, Inc.
Buyer's Agent
Cody Powell
Call It Closed International Inc
List Price
$446,500
Sold Price
$446,500
Current Estimated Value
$514,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,322
Avg. Annual Appreciation
4.84%
Original Mortgage
$315,000
Outstanding Balance
$299,582
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$211,963

Purchase Details

Listed on
Aug 4, 2020
Closed on
Feb 25, 2021
Sold by
Dalmar Land Development Llc
Bought by
Adams Homes Aec Llc
Seller's Agent
Taren Myrick
ProStead Realty
Buyer's Agent
Melinda Corns
Adams Homes Realty-NC, Inc.
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
293.02%
Source: Public Records

Range of Values:

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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 $446,500 --
Warranty Deed $220,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $446,500 0.0% $165 / Sq Ft
06/13/2022 06/13/22 For Sale $446,500 +711.8% $165 / Sq Ft
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 $3,694 $338,854 $35,000 $303,854
2023 $3,813 $338,854 $35,000 $303,854
2022 $1,855 $160,674 $35,000 $125,674
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: CAR3648179

Canopy MLS (Canopy Realtor® Association)

APN: 5575-02-55-5710