NOT LISTED FOR SALE

111 Scenic Dr Unit 23 Mount Gilead, NC 27306

Estimated Value: $685,445 - $1,018,000

4 Beds
2 Baths
2,012 Sq Ft
$423/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $525,000 $261 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,884/month

2 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Tile Flooring

About This Home

As of September 2018

EMERALD SHORES - Enjoy the privacy of this waterfront house with big main channel views. Features 4-bedrooms, 2-baths, covered porch, large double slip boathouse. Like new!

Last Agent to Sell the Property

Colburn Thompson

New South Realty, Inc License #103413 Listed on: 09/24/2018

Last Buyer's Agent

Kat Mcrae

New South Realty, Inc License #C6975

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 0.28

Parking

  • Gravel Driveway

Flooring

  • Tile
  • Vinyl

Additional Features

  • 2 Full Bathrooms
  • Waterfront

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6574-14-43-9352

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.95455
  • Ratio Close Price By Original Li: 0.95455
  • Ratio Current Price By Acre: 1875000.00
  • Ratio Current Price By Sq Ft: 260.93
  • Special Assessment Description: Duke Energy waterfront lease
  • Special Assessment Yn: Yes
  • Year Built: 1970
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Electric Range, Microwave, Refrigerator, Security System, Electric Oven
  • Flooring: Carpet, Tile, Vinyl
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 1131
  • Main Level Sq Ft: 881
  • Total Sq Ft: 2012

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 74'+/- waterfront
  • Lot Features: Lake, Waterfront
  • Lot Size Area: 0.280
  • Parcel Number: 6574-14-43-9352
  • Plat Book Slide: A / 554
  • Zoning Specification: Res

Tax Info

  • Tax Value: 314200.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Sep 28, 2018
Sold by
Jordan Jerry A and Evon Jordan T
Bought by
Myrick Babby Harold and Myrick Teena Bostic
Seller's Agent
Colburn Thompson
New South Realty, Inc
Buyer's Agent
Kat Mcrae
New South Realty, Inc
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Current Estimated Value
$851,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,361
Avg. Annual Appreciation
6.84%
Original Mortgage
$350,000
Interest Rate
4.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 29, 2009
Sold by
Thorp Timothy R and Thorp Leelie M
Bought by
Butcher Patrick A and Butcher Lisa A

Purchase Details

Closed on
Mar 14, 2008
Sold by
Huckabee Robert L and Huckabee Maureen Coyne
Bought by
Thorp Leslie M and Thorp Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.63%
Mortgage Type
New Conventional
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
Myrick Babby Harold $525,000 None Available
Butcher Patrick A $500,000 --
Thorp Leslie M $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bostic Myrick Jr Bobby Harold $300,000
Closed Bostick Myrick Jr Harold $350,000
Previous Owner Butcher Patrick A $278,000
Previous Owner Thorp Leslie M $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $525,000 -4.5% $261 / Sq Ft
09/24/2018 09/24/18 For Sale $550,000 -- $273 / 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 $3,374 $515,160 $237,942 $277,218
2024 $3,374 $515,160 $237,942 $277,218
2023 $3,374 $515,160 $237,942 $277,218
2022 $3,374 $515,160 $237,942 $277,218
2021 $3,374 $515,160 $237,942 $277,218
2020 $3,374 $515,160 $237,942 $277,218
2018 $2,085 $315,881 $165,240 $150,641
2017 $2,074 $314,200 $165,240 $148,960
2016 $2,342 $314,200 $165,240 $148,960
2015 $1,917 $314,200 $0 $0
2014 $1,917 $314,211 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3429074

Canopy MLS (Canopy Realtor® Association)

APN: 6574-14-43-9352