NOT LISTED FOR SALE

109 Terrace Place Lincolnton, NC 28092

Estimated Value: $306,315 - $321,000

4 Beds
2 Baths
1,502 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $205,000 $136 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,869/month

45 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Handicap Accessible
  • Hilly Lot
  • Laundry Room
  • Central Heating

About This Home

As of August 2022

**INVESTOR SPECIAL**
Calling all investors this house needs some TLC and in a great location! This house has TONS of potential! Schedule your showing today before it’s gone!! Seller is selling house AS IS!

Last Agent to Sell the Property

Brittany Beam

Keller Williams Unified License #332769 Listed on: 07/08/2022

Keller Williams Unified

Last Buyer's Agent

Angie Willyoung

Giving Tree Realty License #SA921564

Giving Tree Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,430

Year Built

  • Built in 1977

Lot Details

  • Corner Lot
  • Hilly Lot
  • Zoning described as R-15

Parking

  • Workshop in Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Family Room with Fireplace
  • Linoleum Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating
  • Gas Water Heater

Additional Features

  • Handicap Accessible
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 17857

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,430

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1977
  • Ratio Current Price By Acre: 379629.63
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 136.48
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Garage Shop, Handicap Access
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 987
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 515
  • Porch: Deck
  • Appliances: Ceiling Fan(s), Dishwasher, Microwave, Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 1502
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Lincolnton
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 550
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Complex Name: None

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot, Hilly
  • Lot Size Area: 0.54
  • Lot Size Units: Acres
  • Parcel Number: 17857
  • Zoning Description: R-15
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.60004

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 22, 2022
Sold by
Bryant Sanford James
Bought by
Douglas Kimberly A
Seller's Agent
Brittany Beam
Keller Williams Unified
Buyer's Agent
Angie Willyoung
Giving Tree Realty
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%
Views
14
Current Estimated Value
$314,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,329
Avg. Annual Appreciation
14.73%
Original Mortgage
$164,000
Outstanding Balance
$156,745
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$157,584
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
Douglas Kimberly A $205,000 Law Taylor
Douglas Kimberly A $205,000 Law Taylor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas Kimberly A $164,000
Closed Douglas Kimberly A $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $205,000 +2.5% $136 / Sq Ft
07/08/2022 07/08/22 For Sale $200,000 -- $133 / 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
2025 $2,430 $229,275 $27,000 $202,275
2024 $2,410 $229,275 $27,000 $202,275
2023 $2,405 $229,275 $27,000 $202,275
2022 $1,589 $124,997 $21,000 $103,997
2021 $794 $124,997 $21,000 $103,997
2020 $724 $124,997 $21,000 $103,997
2019 $724 $124,997 $21,000 $103,997
2018 $1,518 $118,935 $20,500 $98,435
2017 $1,393 $118,935 $20,500 $98,435
2016 $1,393 $118,935 $20,500 $98,435
2015 $1,480 $118,935 $20,500 $98,435
2014 $1,597 $130,778 $22,500 $108,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3881947

Canopy MLS (Canopy Realtor® Association)

APN: 17857