NOT LISTED FOR SALE

110 E Ingram St Mount Gilead, NC 27306

Estimated Value: $141,000 - $348,000

7 Beds
2.5 Baths
3,657 Sq Ft
$60/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $145,000 $40 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,292/month

2 Days on Market

Highlights

  • Wooded Lot
  • Front Porch
  • Four Sided Brick Exterior Elevation
  • Wood Flooring
  • More Than Two Accessible Exits
  • Ceiling Fan

About This Home

As of May 2024

Attention Investors !! Located in Mount Gilead, NC this 7 bedroom / 2.5 bath home was built in 1927 and sits on over 1.5 acres. Walking distance to downtown shops and restaurants. The property will require extensive renovation throughout including roof, facia, baths, front porch, basement and there is no central air. The heat is an oil furnace that provides steam to the radiators throughout the home. The owner does not make any representation to it's operation or function. The bones of the home seem sound and this could be the perfect project for the experienced investor. The owner is offering financing with approved credit and insurance with 20% down over a 15 year period at 9%APR.

Last Agent to Sell the Property

Mark McRae

McRae Properties Brokerage Email: tilleryrealtor@gmail.com License #208169 Listed on: 05/01/2024

Last Buyer's Agent

Mark McRae

McRae Properties Brokerage Email: tilleryrealtor@gmail.com License #208169 Listed on: 05/01/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1927

Lot Details

  • Lot Dimensions are 201 x 375
  • Level Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior Basement Entry

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Outbuilding
  • Front Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7503-09-15-2141

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,652

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1927
  • Restrictions: No Representation
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 39.65
  • Geocode Confidence: High
  • Attribution Contact: tilleryrealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1946
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1711
  • Sq Ft Unheated Main: 229
  • Sq Ft Unheated Total: 1940
  • Sq Ft Upper: 1711
  • Appliances: None
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 3657
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Full, Interior Entry, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 3657
  • Bedroom Main: 2
  • Room Count: 16

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Other Structures: Outbuilding
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Oil, Steam
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Ceiling Fan(s), None
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 1.56
  • Lot Size Units: Acres
  • Parcel Number: 7503-09-15-2141
  • Zoning: R-1
  • Lot Size: 201 x 375
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
May 23, 2024
Sold by
Gould Jacqueline Louise
Bought by
Vieira Claudio Vicente Issa and Corbisiero Christina Lynn
Seller's Agent
Mark McRae
McRae Properties
Buyer's Agent
Mark McRae
McRae Properties
List Price
$145,000
Sold Price
$145,000
Views
36
Current Estimated Value
$217,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,707
Avg. Annual Appreciation
34.25%
Original Mortgage
$50,000
Outstanding Balance
$47,230
Interest Rate
6.39%
Mortgage Type
Seller Take Back
Estimated Equity
$170,477

Purchase Details

Closed on
Jan 29, 2024
Sold by
Guy Anthony and Guy Amanda
Bought by
Gould Jacqueline Louise

Purchase Details

Closed on
Dec 17, 2018
Sold by
Gould Jacqueline Louise
Bought by
Guy Anthony and Guy Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 15, 2007
Sold by
Price Samuel Edward and Price Betty Kuykendall
Bought by
Gould Jacqueline Louise
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 Buyer Sale Price Title Company
Vieira Claudio Vicente Issa $145,000 None Listed On Document
Gould Jacqueline Louise $115,000 None Listed On Document
Gould Jacqueline Louise $115,000 None Listed On Document
Guy Anthony $137,000 None Available
Gould Jacqueline Louise $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vieira Claudio Vicente Issa $50,000
Previous Owner Guy Anthony $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $145,000 0.0% $40 / Sq Ft
05/01/2024 05/01/24 For Sale $145,000 -- $40 / 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 $1,652 $138,576 $11,959 $126,617
2024 $1,652 $135,946 $11,959 $123,987
2023 $1,611 $135,946 $11,959 $123,987
2022 $1,611 $135,946 $11,959 $123,987
2021 $1,611 $135,946 $11,959 $123,987
2020 $1,611 $135,946 $11,959 $123,987
2018 $1,215 $102,100 $11,959 $90,141
2017 $1,215 $102,100 $11,959 $90,141
2016 $1,215 $102,100 $11,959 $90,141
2015 $1,164 $102,100 $0 $0
2014 $1,164 $102,057 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4135351

Canopy MLS (Canopy Realtor® Association)

APN: 7503-09-15-2141