NOT LISTED FOR SALE

114 Nicolet Ln Smithfield, NC 27577

Estimated Value: $364,497 - $405,000

4 Beds
2.5 Baths
2,271 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $324,500 $143 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,203/month

5 Days on Market

Highlights

  • A-Frame Home
  • 1 Fireplace
  • No HOA
  • Deck
  • Bonus Room
  • Breakfast Room

About This Home

As of July 2021

Beautiful home with formal dinning room, kitchen island, 4 bedroom, 2.5 bathrooms Side Entry garage, electric fireplace blower and Prewired for generator power and a Bonus Room all on over half acre of land. No HOA.

Last Agent to Sell the Property

Codjo Cossou

Keller Williams Preferred Realty License #277517 Listed on: 06/30/2021

Keller Williams Preferred Realty

Last Buyer's Agent

Bradley Flowers

Mainstay Brokerage LLC License #293481

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,666

Year Built

  • Built in 2006

Lot Details

  • 0.69

Parking

  • 2 Car Garage

Home Design

  • A-Frame Home
  • Vinyl Siding

Interior Spaces

  • 2,271 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Carpet
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Polenta Elementary School
  • Swift Creek Middle School
  • Cleveland High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Gas Water Heater

Additional Features

  • Deck
  • 0.69 Acre Lot

Community Details

  • No Home Owners Association
  • Lee Trace Subdivision

Listing and Financial Details

  • Bankruptcy Property
  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,666

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2006
  • Prop. Type: Residential
  • Subdivision Name: Lee Trace
  • Above Grade Finished Sq Ft: 2271.0
  • Architectural Style: A-Frame
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Need Survey
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Architectural Style A-Frame: Yes
  • General Property Information Above Grade Finished Area: 2271.0
  • General Property Information Carport YN: No
  • Special Listing Conditions Bankruptcy Property: Yes
  • Special Listing Conditions In Foreclosure: Yes
  • General Property Information Lot Size Square Feet2: 30056.4
  • General Property Information Lot Size Acres: 0.69
  • General Property Information:Living Area3: 2271.0
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Basement: Crawl Space
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Basement:Crawl Space: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.69
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Propane
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Johnston - Cleveland
  • Middle Or Junior School: Johnston - Swift Creek

Lot Info

  • Lot Dimensions: Need Survey
  • Lot Size Sq Ft: 30056.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1666.0

MLS Schools

  • Elementary School: Johnston - Polenta

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Jul 28, 2021
Sold by
Vieux Ralph L
Bought by
Fkh Sfr Propco G Lp
Seller's Agent
Codjo Cossou
Keller Williams Preferred Realty
Buyer's Agent
Bradley Flowers
Mainstay Brokerage LLC
List Price
$295,000
Sold Price
$324,500
Premium/Discount to List
$29,500
10%
Current Estimated Value
$385,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,374
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Jan 26, 2012
Sold by
Vieux Rachelle
Bought by
Vieux Ralph L

Purchase Details

Closed on
Aug 11, 2006
Sold by
Scott Lee Homes Inc
Bought by
Vieux Ralph L and Vieux Rachelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,580
Interest Rate
6.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 2, 2006
Sold by
Lee Brothers Rental
Bought by
Scott Lee Homes Inc
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
Fkh Sfr Propco G Lp $324,500 Investors Title Insurance Co
Vieux Ralph L -- None Available
Vieux Ralph L $188,000 None Available
Scott Lee Homes Inc $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vieux Ralph L $37,580
Previous Owner Vieux Ralph L $150,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $324,500 -- --
07/29/2021 07/29/21 Sold $324,500 +10.0% $143 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $295,000 -- $130 / Sq Ft
Source: Doorify 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
2025 $2,244 $353,330 $65,000 $288,330
2024 $1,776 $219,250 $34,000 $185,250
2023 $1,688 $219,250 $34,000 $185,250
2022 $1,732 $219,250 $34,000 $185,250
2021 $1,732 $219,250 $34,000 $185,250
2020 $1,798 $219,250 $34,000 $185,250
2019 $1,798 $219,250 $34,000 $185,250
2018 $1,506 $179,290 $32,360 $146,930
2017 $1,506 $179,290 $32,360 $146,930
2016 $1,506 $179,290 $32,360 $146,930
2015 $1,506 $179,290 $32,360 $146,930
2014 $1,506 $179,290 $32,360 $146,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2393067

Doorify MLS

APN: 15H07014B