NOT LISTED FOR SALE

116 Oakmont Ln King, NC 27021

Estimated Value: $387,165 - $423,000

4 Beds
2.5 Baths
3,100 Sq Ft
$130/Sq Ft Est. Value

Last Sold September 16, 2015

Last sale price $208,000 $67 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,410/month

188 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Porch
  • Chestnut Grove Middle Rated 9+
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2015

Gorgeous Home with 4 bedrooms,Office,Sitting room & more! Room for everyone! Formal Living & Dining Room,Huge Den w/fireplace, 2 car garage & more! Great open floor plan with huge kitchen,island,pantry,great deck for entertaining, 9 ft ceilings,trey ceilings & more! Call today for your priovate showing!

Last Agent to Sell the Property

Lisa Simmons

Ann Chilton Realty, Inc. License #175159 Listed on: 01/29/2015

Last Buyer's Agent

Wendy Middleton

The Real Estate Agency License #254458

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,063

Year Built

  • Built in 2001

Lot Details

  • 0.36 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,886 Sq Ft Home
  • 2,500-3,100 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Schools

  • Chestnut Grove Middle School
  • West Stokes High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Oakmont Subdivision

Listing and Financial Details

  • Legal Lot and Block 42 / 57
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,063

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Subdivision Name: Oakmont
  • Directions: US52N,King Exit,R-Main,L-King St(OLD 52)R-Goff,R-Oakmont
  • Above Grade Finished Sq Ft: 2886
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Year Built: 2001
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2500 - 3100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island, Pantry, Separate Shower
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 2886
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mount Olive
  • High School: West Stokes
  • Middle Or Junior School: Chestnut Grove

Lot Info

  • Zoning: Res
  • TRIADMLS_PlatPage: 73
  • TRIADMLS_PlatBook: 8

Tax Info

  • Tax Annual Amount: 2063
  • Tax Block: 57
  • Tax Lot: 42
  • Tax Map Number: 5992
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2015
Closed on
Sep 5, 2015
Sold by
Wallace James and Wallace Sonya
Bought by
Jauuar Jose Alvarado Reyes
Seller's Agent
Lisa Simmons
Ann Chilton Realty, Inc.
Buyer's Agent
Wendy Middleton
The Real Estate Agency
List Price
$212,000
Sold Price
$208,000
Premium/Discount to List
-$4,000
-1.89%
Current Estimated Value
$403,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,984
Avg. Annual Appreciation
6.63%
Original Mortgage
$201,058
Outstanding Balance
$157,050
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$246,991

Purchase Details

Closed on
Jan 11, 2008
Sold by
Keystone Winston Llc
Bought by
Wallace James and Wallace Sonja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
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
Jauuar Jose Alvarado Reyes $208,000 Attorney
Wallace James $212,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jauuar Jose Alvarado Reyes $201,058
Previous Owner Wallace James $201,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2015 09/16/15 Sold $208,000 -1.9% $83 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $212,000 -- $85 / 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
2025 $3,830 $349,800 $40,000 $309,800
2024 $3,830 $247,600 $35,000 $212,600
2023 $2,922 $247,600 $35,000 $212,600
2022 $2,798 $247,600 $35,000 $212,600
2021 $2,798 $247,600 $35,000 $212,600
2020 $2,213 $204,500 $30,000 $174,500
2019 $2,213 $204,500 $30,000 $174,500
2018 $2,213 $204,500 $30,000 $174,500
2017 $2,213 $204,500 $30,000 $174,500
2016 $2,029 $187,500 $30,000 $157,500
2015 $2,029 $187,500 $30,000 $157,500
2014 $2,212 $187,500 $30,000 $157,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 729589

Triad MLS

APN: 599207574958