NOT LISTED FOR SALE

116 Farmgate Dr Richlands, NC 28574

Estimated Value: $277,000 - $303,000

3 Beds
2 Baths
1,652 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $174,000 $105 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,652/month

79 Days on Market

Highlights

  • 1.94 Acre Lot
  • 1 Fireplace
  • No HOA
  • Wooded Lot
  • Bonus Room
  • Covered Patio or Porch

About This Home

As of March 2019

Welcome Home to 116 Farmgate Dr. This stunning 3 bed 2 bath home has so much to offer! The kitchen boasts stainless steel appliances & is open to the eat in dining area. Enjoy the cozy fireplace in the spacious living room that features a vaulted ceiling and plenty of windows for natural light. You will love the master which includes a walk in closet & its own private en-suite, equipped with a dual vanity & a soaking tub & shower. The other 2 bedrooms are a perfect size! That's not all! There is a bonus room located upstairs that is just perfect for a play room or office! Tucked away on a long driveway with a side-load garage, adding to the lovely curb appeal. A covered back patio overlooks the spacious backyard which backs up to woods for additional privacy. NO HOA OR CITY TAXES.

Last Agent to Sell the Property

Rebecca Powell

Welcome Home Real Estate License #273124 Listed on: 11/12/2018

Welcome Home Real Estate

Last Buyer's Agent

Melanie MacDonald

MacDonald Realty Group License #283886

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 1.94 Acre Lot
  • Wood Fence
  • Wooded Lot
  • Property is zoned RA-Residential

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,652 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Turner Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 313a-58

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • List Priceper Sq Ft: 106.48
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Ceiling Fan(s)
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bonus Room Level: Second
  • Sq Ft Heated: 1652.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1652.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Wood
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Porch, Patio
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 1600 - 1799
  • Heating System: Heat Pump
  • Utilities: Septic On Site

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: See Remarks

Lot Info

  • Cobra Zone: No
  • Deed Page: 97.00
  • Lot Acres: 1.94
  • Lot Description: Wooded
  • Lot Dimensions: IRREGULAR
  • Lot Sq Ft: 84506.00
  • Zoning: RA-Residential

Tax Info

  • Tax Identifier: 313a-58
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Feb 25, 2019
Sold by
Mayland Zackary Allen and Mayland Lindsay Dianne
Bought by
Grim Caleb and Grim Chelsea
Seller's Agent
Rebecca Powell
Welcome Home Real Estate
Buyer's Agent
Melanie MacDonald
MacDonald Realty Group
List Price
$179,900
Sold Price
$174,000
Premium/Discount to List
-$5,900
-3.28%
Current Estimated Value
$294,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,062
Avg. Annual Appreciation
7.90%
Original Mortgage
$177,741
Outstanding Balance
$154,989
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$139,073

Purchase Details

Closed on
Jul 7, 2016
Sold by
Hunter Development Corporation
Bought by
Turner Farms Community Services Associat

Purchase Details

Listed on
May 8, 2014
Closed on
Mar 6, 2015
Sold by
Medders Nalesa E
Bought by
Mayland Zackary Allen and Mayland Lindsay Dianne
Seller's Agent
Courtney Carter
Courtney Carter Homes, LLC
Buyer's Agent
Alice Graham
Coldwell Banker Alliance Group Realty
List Price
$160,000
Sold Price
$135,000
Premium/Discount to List
-$25,000
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$137,902
Interest Rate
3.74%
Mortgage Type
VA

Purchase Details

Closed on
Feb 28, 2011
Sold by
Wellmans Construction Inc
Bought by
Medders Caleb S and Medders Nalesa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,850
Interest Rate
4.71%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grim Caleb $174,000 None Available
Turner Farms Community Services Associat -- Attorney
Mayland Zackary Allen $135,000 None Available
Medders Caleb S $176,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grim Caleb $177,741
Previous Owner Mayland Zackary Allen $137,902
Previous Owner Medders Caleb S $125,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2019 03/04/19 Sold $174,000 -3.3% $105 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
11/12/2018 11/12/18 For Sale $179,900 +33.3% $109 / Sq Ft
03/06/2015 03/06/15 Sold $135,000 -15.6% $82 / Sq Ft View Prior Sale
02/06/2015 02/06/15 Pending -- -- --
05/08/2014 05/08/14 For Sale $160,000 -- $97 / Sq Ft
Source: Hive MLS

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 $1,463 $223,404 $35,100 $188,304
2024 $1,463 $223,404 $35,100 $188,304
2023 $1,463 $223,404 $35,100 $188,304
2022 $1,463 $223,404 $35,100 $188,304
2021 $1,251 $177,380 $30,100 $147,280
2020 $1,251 $177,380 $30,100 $147,280
2019 $1,251 $177,380 $30,100 $147,280
2018 $1,251 $177,380 $30,100 $147,280
2017 $1,118 $165,670 $30,100 $135,570
2016 $1,118 $165,670 $0 $0
2015 $1,118 $165,670 $0 $0
2014 $1,118 $165,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100140000

Hive MLS

APN: 151793