NOT LISTED FOR SALE

1159 Drum Hill Rd Gates, NC 27937

Estimated Value: $117,000 - $242,000

3 Beds
1 Bath
1,175 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $161,000 $137 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,200/month

40 Days on Market

Highlights

  • Solid Surface Countertops
  • Tile Flooring
  • Central Air
  • No HOA
  • 1-Story Property
  • Ceiling Fan

About This Home

As of March 2021

This Stunning country home is a must see! Interior features include: pristine open styled kitchen/dining room with plenty of cabinet and counter space, luxurious bathroom, 9 foot ceilings and updated flooring throughout. Exterior features include: large yard perfect for entertaining family and friends, and sizable shed.

Last Agent to Sell the Property

Mel DiPietro Drew

Water Street Real Estate Group License #300047 Listed on: 11/30/2020

Last Buyer's Agent

Stacey Hayden

Berkshire Hathaway Homeservices/22nd

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $978

Year Built

  • Built in 2016

Lot Details

  • 1 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Haslett Subdivision

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$978

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Stories Levels: One
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Wash/Dry Connect, Solid Surface
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 5

Exterior Features

  • Exterior Finish: Fiber Cement
  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage And Parking: None

Utilities

  • Appliances Equipment: Dishwasher, Vent Hood, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central, Heat Pump
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Roanoke Electric
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 345.00
  • Lot Acres: 1.00
  • Lot Number: 5
  • Lot Sq Ft: 43560.00
  • Lot Water Features: None

Tax Info

  • Tax Year: 2017
  • Total Real Estate Property Taxes: 977.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2020
Closed on
Feb 24, 2021
Sold by
Adams Robert J and Adams Candace A
Bought by
Lovelace Alice Kilham
Seller's Agent
Mel DiPietro Drew
Water Street Real Estate Group
Buyer's Agent
Stacey Hayden
Berkshire Hathaway Homeservices/22nd
Sold Price
$161,000
Current Estimated Value
$204,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,430
Avg. Annual Appreciation
8.92%
Original Mortgage
$158,083
Outstanding Balance
$142,032
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$95,041

Purchase Details

Listed on
Jun 26, 2018
Closed on
Jan 7, 2019
Sold by
Baker Linwood
Bought by
Adams Robert J and Adams Candace A
Seller's Agent
Patricia Prince
Shaffer Real Estate, Inc.
Buyer's Agent
Mel Powell
Hall & Nixon Real Estate, Inc
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$127,645
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2014
Sold by
Baker Linda D and Baker Linwood E
Bought by
Baker Larry W
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
Lovelace Alice Kilham $161,000 Priority Title
Adams Robert J $130,000 None Available
Baker Larry W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovelace Alice Kilham $158,083
Previous Owner Adams Robert J $127,645
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Off Market $161,000 -- --
03/04/2021 03/04/21 Sold $161,000 +23.8% $137 / Sq Ft
01/09/2019 01/09/19 Sold $130,000 0.0% $102 / Sq Ft
11/17/2018 11/17/18 Off Market $130,000 -- --
Source: Hive 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 $1,130 $128,624 $23,480 $105,144
2023 $1,130 $128,624 $23,480 $105,144
2022 $1,130 $128,624 $23,480 $105,144
2021 $1,066 $128,624 $23,480 $105,144
2020 $1,066 $128,624 $23,480 $105,144
2019 $1,066 $12,862,400 $2,348,000 $10,514,400
2018 $1,028 $128,624 $23,480 $105,144
2017 $978 $128,624 $0 $0
2016 -- $27,200 $0 $0
2015 -- $27,200 $0 $0
2014 -- $27,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 8101887

Hive MLS

APN: 04-01292