NOT LISTED FOR SALE

1124 Wolf Rock Rd Walnut Cove, NC 27052

Estimated Value: $194,000 - $456,000

3 Beds
1 Bath
1,232 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 14, 2012

Last sale price $70,000 $57 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $1,785/month

23 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Wood Siding
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2012

Secluded cabin hideaway located on 11.9 acres at the base of Hanging Rock State Park. Needs repair, but excellent opportunity at this price. Additionally, there is a barn and workshop located on the property. Property is accessed by easement. To be sold as is, buyer should perform their own due diligence. 2nd level sq ft does not meet ceiling requirements.

Last Agent to Sell the Property

Sam Ogburn Jr, CCIM, CPM

Ogburn Properties License #42500 Listed on: 06/22/2012

Last Buyer's Agent

Sam Ogburn Jr, CCIM, CPM

Ogburn Properties License #42500 Listed on: 06/22/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $951

Year Built

  • Built in 1975

Lot Details

  • 11.99

Parking

  • No Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Additional Features

  • Porch
  • Property is zoned RA

Community Details

  • No Home Owners Association

Listing and Financial Details

  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$951

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 11.9
  • Directions: Hwy 8N, L Flat Shoals Rd, R to stay on Flat Shoals, R Mountain Rd, L Overby, R Wolf Rock.
  • Above Grade Finished Sq Ft: 1232
  • Unit Levels: One and One Half
  • Year Built: 1975
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1232
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1232
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Zoning: RA
  • TRIADMLS_DeedPage: 361
  • TRIADMLS_DeedBook: 630

Tax Info

  • Tax Annual Amount: 951.05
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2012
Closed on
Aug 13, 2012
Sold by
Piedmont Federal Savings Bank
Bought by
Hemric Danny Gray and Hemrie Kimberly Marks
Seller's Agent
Sam Ogburn Jr, CCIM, CPM
Ogburn Properties
Buyer's Agent
Sam Ogburn Jr, CCIM, CPM
Ogburn Properties
List Price
$79,000
Sold Price
$70,000
Premium/Discount to List
-$9,000
-11.39%
Current Estimated Value
$303,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,691
Avg. Annual Appreciation
10.91%
Original Mortgage
$40,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2012
Sold by
Mcgunigal David P
Bought by
Piedmond Federal Savings Bank
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
Hemric Danny Gray $70,000 None Available
Piedmond Federal Savings Bank $85,993 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemric Danny Gray $100,001
Closed Hemric Danny Gray $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2012 08/14/12 Sold $70,000 -11.4% $57 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
06/22/2012 06/22/12 For Sale $79,000 -- $64 / Sq Ft
Source: Triad MLS

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 $1,611 $213,300 $70,900 $142,400
2023 $1,308 $204,700 $70,900 $133,800
2022 $1,131 $204,700 $70,900 $133,800
2021 $1,131 $204,700 $70,900 $133,800
2020 $997 $186,800 $70,600 $116,200
2019 $1,382 $186,800 $70,600 $116,200
2018 $1,382 $186,800 $70,600 $116,200
2017 $1,183 $160,900 $74,500 $86,400
2016 $1,145 $155,800 $74,400 $81,400
2015 $1,137 $155,800 $74,400 $81,400
2014 $951 $155,800 $74,400 $81,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 646236

Triad MLS

APN: 693500095793

North Carolina Stokes County Walnut Cove 27052

1124 Wolf Rock Rd, Walnut Cove, NC

This home is located at 1124 Wolf Rock Rd, Walnut Cove, NC 27052 since 22 June 2012 and is currently estimated at $303,691, approximately $246 per square foot. This property was built in 1975. 1124 Wolf Rock Rd is a home located in Stokes County with nearby schools including Walnut Cove Elementary School, Southeastern Stokes Middle School, and South Stokes High.

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