NOT LISTED FOR SALE

115 Thomas Ln Unit 1 Cleveland, NC 27013

Estimated Value: $403,000 - $504,000

3 Beds
2 Baths
1,768 Sq Ft
$249/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $307,000 $174 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,540/month

3 Days on Market

Highlights

  • Fireplace
  • Breakfast Bar
  • Level Lot

About This Home

As of April 2021

Gorgeous all brick ranch home with 3 bedrooms, 2 full bathrooms, on a 2 flat acres! Interior Features include vaulted ceilings, fireplace, master suite with vaulted ceilings, master bath with tub & shower, laundry room, 2 additional bedrooms and a full bath. Outside you'll find a relaxing front porch, rear deck for entertaining and a shed. Meticulously maintained!

Last Agent to Sell the Property

Marc Sarkis

Sark Realty License #3278948 Listed on: 02/26/2021

Last Buyer's Agent

Beth Blevins

Southern Homes of the Carolinas, Inc License #236375

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 2

Parking

  • 2

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Window Treatments
  • Crawl Space
  • Breakfast Bar

Additional Features

  • Level Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 552A004

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.99192
  • Ratio Close Price By Original Li: 0.99192
  • Ratio Current Price By Acre: 153500.00
  • Ratio Current Price By Sq Ft: 173.64
  • Year Built: 2001
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Refrigerator
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Window Treatments
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 160
  • Main Level Sq Ft: 1768
  • Total Sq Ft: 1768

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 87120
  • Lot Features: Level
  • Lot Size Area: 2.000
  • Parcel Number: 552A004
  • Zoning Specification: RES

Tax Info

  • Tax Value: 215180.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 30, 2021
Sold by
Ribbon Home Spy Ii Llc
Bought by
Baxter Heather Renea and Baxter Nicholas David
Seller's Agent
Marc Sarkis
Sark Realty
Buyer's Agent
Beth Blevins
Southern Homes of the Carolinas, Inc
List Price
$309,500
Sold Price
$307,000
Premium/Discount to List
-$2,500
-0.81%
Current Estimated Value
$428,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,940
Avg. Annual Appreciation
8.64%
Original Mortgage
$276,300
Outstanding Balance
$250,544
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$189,287

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 5, 2021
Sold by
Pressley Michael Shawn and Pressley Krystal
Bought by
Ribbon Home Spv Ii Llc
Seller's Agent
Marc Sarkis
Sark Realty
Buyer's Agent
Beth Blevins
Southern Homes of the Carolinas, Inc
List Price
$309,500
Sold Price
$307,000
Premium/Discount to List
-$2,500
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,300
Outstanding Balance
$250,544
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$189,287

Purchase Details

Closed on
May 25, 2016
Sold by
Brooks Kathy H
Bought by
Pressley Michael Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,850
Interest Rate
3.61%
Mortgage Type
VA
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
Baxter Heather Renea $307,000 Chicago Title Insurance Co
Ribbon Home Spv Ii Llc $307,000 Panther Title
Ribbon Home Spv Ii Llc $307,000 None Listed On Document
Pressley Michael Shawn $180,000 Statewide Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baxter Heather Renea $276,300
Previous Owner Pressley Michael Shawn $183,850
Previous Owner Brooks Kathy H $42,500
Previous Owner Brooks Kathy H $127,000
Previous Owner Brooks Daniel $54,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $307,000 -0.8% $174 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $309,500 -- $175 / 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
2024 $2,051 $306,086 $45,000 $261,086
2023 $2,051 $306,086 $45,000 $261,086
2022 $1,608 $215,180 $40,625 $174,555
2021 $1,565 $215,180 $40,625 $174,555
2020 $1,565 $215,180 $40,625 $174,555
2019 $1,565 $215,180 $40,625 $174,555
2018 $1,318 $182,642 $40,625 $142,017
2017 $1,318 $182,642 $40,625 $142,017
2016 $1,318 $182,642 $40,625 $142,017
2015 $1,338 $182,642 $40,625 $142,017
2014 $1,307 $184,420 $40,625 $143,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3712502

Canopy MLS (Canopy Realtor® Association)

APN: 552-A004