NOT LISTED FOR SALE

111 Scout Rd Locust, NC 28097

Estimated Value: $293,000 - $393,000

3 Beds
2 Baths
1,632 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $329,500 $202 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,060/month

37 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Workshop
  • Locust Elementary School Rated A-
  • Ranch Style House
  • Front Porch

About This Home

As of August 2023

Amazing opportunity to become part of the growing community of Locust! This beautifully updated ranch provides custom fit and finishes ready for you to enjoy. New windows throughout ~2yrs ago, New HVAC and electrical panels ~2yrs ago, dedicated generator hookup, Whole home water filtration system, new Mohawk water resistant flooring and carpet throughout, New granite counter tops and remodeled kitchen that opens up into living room area, new SS appliances including fridge! Full unfinished basement includes garage door for vehicle access, storage and workshop options. All this sits comfortably on just over 1ac with plenty of buffer all around. Mature woods provide the backdrop to the property offering wooded views and nature. Dining, shopping, schools, golfing and the farmers market are all within easy reach.

Last Agent to Sell the Property

Brandon Rushing

Nestlewood Realty, LLC License #297590 Listed on: 06/15/2023

Last Buyer's Agent

Jacelyn Goff

Lantern Realty & Development License #314919

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • Open Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned OPS

Home Design

  • Ranch Style House
  • Metal Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Open Floorplan
  • Wired For Data
  • Insulated Windows

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Workshop
  • Basement Storage

Parking

  • Garage
  • 2 Attached Carport Spaces
  • Basement Garage

Schools

  • Locust Elementary School
  • West Stanly Middle School
  • West Stanly High School

Utilities

  • Forced Air Heating and Cooling System
  • Air Filtration System
  • Heat Pump System
  • Generator Hookup
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Front Porch

Listing and Financial Details

  • Assessor Parcel Number 5565-04-82-6072

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1964
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: None
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 201.90
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Interior Amenities: Attic Other, Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1632
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1456
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1456
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Electric Water Heater, Filtration System, Refrigerator
  • Other Equipment: Generator Hookup, Network Ready
  • Above Grade Finished Sq Ft: 1632
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Basement Garage Door, Basement Shop, Exterior Entry, Storage Space, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1632
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Full
  • Other Structures: None
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Central, Forced Air
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: West Stanly
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Open Lot, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 5565-04-82-6072
  • Zoning: OPS
  • Horse Amenities: None
  • Lot Size: Irregular
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OPS

MLS Schools

  • Elementary School: Locust
  • High School: West Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 14, 2023
Sold by
Collado Mark and Collado Deborah
Bought by
Norman Donald Allen and Norman Debra Lynn
Seller's Agent
Brandon Rushing
Nestlewood Realty, LLC
Buyer's Agent
Jacelyn Goff
Lantern Realty & Development
List Price
$369,000
Sold Price
$329,500
Premium/Discount to List
-$39,500
-10.7%
Views
238
Current Estimated Value
$352,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,163
Avg. Annual Appreciation
2.93%
Original Mortgage
$340,373
Outstanding Balance
$332,574
Interest Rate
6.78%
Mortgage Type
VA
Estimated Equity
$20,089

Purchase Details

Listed on
Oct 26, 2020
Closed on
Feb 2, 2021
Sold by
Tucker Terry L and Tucker Pama M
Bought by
Collado Mark and Ward Collado Deborah
Seller's Agent
Randy Mabry
Lantern Realty & Development
Buyer's Agent
Non Member
Canopy Administration
List Price
$104,122
Sold Price
$185,350
Premium/Discount to List
$81,228
78.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.98%
Original Mortgage
$176,739
Interest Rate
2.67%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Norman Donald Allen $329,500 None Listed On Document
Allen Norman Donald $329,500 None Listed On Document
Collado Mark $185,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Norman Donald $340,373
Closed Allen Norman Donald $340,373
Previous Owner Collado Mark $176,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $329,500 0.0% $202 / Sq Ft
07/20/2023 07/20/23 Price Changed $329,500 -8.2% $202 / Sq Ft
06/23/2023 06/23/23 Price Changed $359,000 -2.7% $220 / Sq Ft
06/15/2023 06/15/23 For Sale $369,000 +99.1% $226 / Sq Ft
02/02/2021 02/02/21 Sold $185,350 +78.0% $127 / Sq Ft View Prior Sale
11/07/2020 11/07/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $104,122 -- $72 / 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 $2,616 $284,394 $56,530 $227,864
2024 $1,755 $161,027 $33,490 $127,537
2023 $1,399 $117,329 $33,490 $83,839
2022 $1,387 $117,329 $33,490 $83,839
2021 $1,375 $117,329 $33,490 $83,839
2020 $1,284 $104,122 $29,355 $74,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4041124

Canopy MLS (Canopy Realtor® Association)

APN: 5565-04-82-6072