NOT LISTED FOR SALE

1168 Drum Hill Rd Gates, NC 27937

Estimated Value: $202,000 - $394,993

3 Beds
2 Baths
1,769 Sq Ft
$168/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $360,000 $204 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $1,713/month

6 Days on Market

Highlights

  • Barn
  • No HOA
  • 1-Story Property
  • 28.74 Acre Lot
  • Fenced Yard
  • Central Air

About This Home

As of April 2022

Must see this lovely horse farm conveniently located right at the VA/NC line. 28.74 acres w/multiple pastures complete with 4-strand electric fencing, 2 separate barns with 2 stalls each & hay hut. Additional outbuildings for equipment and supplies. Home has had too many improvements to list, new roof, HVAC, Plumbing to name a few. ask for the Improvements Document! Fenced in area for dogs. Chicken Coop. Home has 3 Bedrooms, 2 Baths, Huge family room and Large laundry room. Approximately 8 acres are cleared with the remainder wooded. Home is occupied Need 24 hr notice to show. Call today!

Last Agent to Sell the Property

T.K. Warden

RE/MAX Coastal Associates License #170337 Listed on: 03/01/2022

Last Buyer's Agent

Holly Long

The Real Estate Group Carolina Properties License #240904

The Real Estate Group Carolina Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1940

Lot Details

  • 28.74 Acre Lot
  • Fenced Yard

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Attic Access Panel
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Farming

  • Barn

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,178

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Stories Levels: One
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Wash/Dry Connect
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 8

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Barn(s)
  • Fencing: Back Yard, Partial
  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Parking Driveway: Dirt

Utilities

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

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 920.00
  • Lot Acres: 28.74
  • Lot Number: 5
  • Lot Sq Ft: 1251914.40
  • Lot Water Features: None
  • Plat Book: 3

Tax Info

  • Tax Year: 2017
  • Total Real Estate Property Taxes: 1178.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Mar 18, 2022
Sold by
Patel Lauren N and Patel Urvish R
Bought by
Giron Kaila Marie and Giron Rene Mauricio
Seller's Agent
T.K. Warden
RE/MAX Coastal Associates
Buyer's Agent
Holly Long
The Real Estate Group Carolina Properties
Sold Price
$360,000
Current Estimated Value
$297,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,752
Avg. Annual Appreciation
-5.68%
Original Mortgage
$324,000
Outstanding Balance
$306,637
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
-$11,336

Purchase Details

Listed on
Jan 23, 2018
Closed on
Apr 2, 2018
Sold by
Wells Fargo Bank Na
Bought by
Daniel Lauren N
Seller's Agent
KIM JORDAN-LANE
CORNERSTONE PROPERTIES
Buyer's Agent
A Non Member
A Non Member
List Price
$89,900
Sold Price
$79,900
Premium/Discount to List
-$10,000
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.53%
Original Mortgage
$104,840
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2017
Sold by
Secretary Of Veterans Affairs
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 26, 2017
Sold by
Brock & Scott Pllc
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 31, 2015
Sold by
Edens Becky and Zundel Donita Jean
Bought by
Stacy Joshua J and Stacy Tiffany S
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
Giron Kaila Marie $360,000 None Listed On Document
Daniel Lauren N $80,000 None Available
Wells Fargo Bank Na -- None Available
Wells Fargo Bank Na -- None Available
Wells Fargo Bank Na $126,075 None Available
Stacy Joshua J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giron Kaila Marie $324,000
Previous Owner Patel Lauren Nicole $58,000
Previous Owner Daniel Lauren N $106,000
Previous Owner Daniel Lauren N $104,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Off Market $360,000 -- --
04/25/2022 04/25/22 Sold $360,000 +350.6% $204 / Sq Ft
05/18/2018 05/18/18 Sold $79,900 -11.1% $51 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $89,900 -- $57 / Sq Ft
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 $1,542 $149,077 $94,081 $54,996
2023 $1,542 $149,077 $94,081 $54,996
2022 $1,542 $149,077 $94,081 $54,996
2021 $1,468 $149,077 $94,081 $54,996
2020 $1,468 $149,077 $94,081 $54,996
2019 $1,455 $14,750,800 $9,251,200 $5,499,600
2018 $1,171 $147,508 $92,512 $54,996
2017 $1,208 $147,508 $0 $0
2016 -- $155,511 $0 $0
2015 -- $155,511 $0 $0
2014 -- $155,511 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 8107035

Hive MLS

APN: 04-00558