NOT LISTED FOR SALE

118 Simpson Rd Locust, NC 28097

Estimated Value: $417,456 - $473,000

3 Beds
2 Baths
1,882 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $398,500 $212 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,563/month

84 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Attached Garage
  • Locust Elementary School Rated A-
  • Screened Porch
  • Tray Ceiling

About This Home

As of May 2022

Locust, NC - QUALITY, Modern all-brick home has screened porch, attached Garage, pretty back yard, concrete drive and sidewalks. Large EAT-IN Kitchen welcomes your friends to grab a seat at the bar! This kind of Kitchen invites entertainment and gatherings! Plenty of room for a large dining room suite! Lots of windows and easy access to the screen porch from the kitchen. Laminate wood floors, finished two car garage, tall ceilings, quality cabinetry, & granite counters. Three bedrooms, 2 baths-one level! The living room has a high vaulted ceiling, arched double window and a fireplace. The primary bedroom has nice windows, Trey ceiling and a large walk-in closet. Primary bath has walk in tile shower, granite counters & glass shower front. Large screen porch has view of forest behind and is a wonderful extension of the living area for wildlife viewing and grilling out. Location is close to everything you need! Bring your Golf Cart! Don’t build, this one is ready for you NOW!

Last Agent to Sell the Property

Brenda Farmer

Country Home Real Estate License #108778 Listed on: 02/19/2022

Last Buyer's Agent

Kyle Scholz

Opendoor Brokerage LLC License #299673

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,919

Year Built

  • Built in 2017

Lot Details

  • Private Lot
  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • Attached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Tray Ceiling
  • Ceiling Fan
  • Propane Fireplace
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 557401192783

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,919

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 2017
  • Ratio Current Price By Acre: 830208.33
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 211.74
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Interior Amenities: Kitchen Island, Tray Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 200
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1882
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 400
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 400
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Front,Screened
  • Appliances: Cable Prewire, Ceiling Fan(s), Electric Cooktop, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Plumbed For Ice Maker, Propane Cooktop
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Propane
  • Living Area: 1882
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Locust
  • Construction Type: Site Built
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Paved, Private, Rolling Slope, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 557401192783
  • Zoning Description: Resident

Tax Info

  • RATIO List Price By Tax Amount: 1.68694

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
Jul 7, 2022
Sold by
Sfr Jv-2 Property Llc
Bought by
Sfr Jv 2 2022 2 Borrower Llc
Seller's Agent
Brenda Farmer
Country Home Real Estate
Buyer's Agent
Kyle Scholz
Opendoor Brokerage LLC
List Price
$398,500
Sold Price
$398,500
Current Estimated Value
$440,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,114
Avg. Annual Appreciation
2.85%
Original Mortgage
$379,044,000
Outstanding Balance
$360,123,138
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$359,682,524

Purchase Details

Closed on
Jan 1, 2011
Bought by
Almond Harold Dean and Almond Maryanne

Purchase Details

Closed on
Mar 15, 2010
Sold by
Baucom Larry M and Baucom Kay B
Bought by
Almond Harold Dean and Almond Maryanne H
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
Sfr Jv 2 2022 2 Borrower Llc -- None Listed On Document
Sfr Jv 2 2022 2 Borrower Llc -- None Listed On Document
Almond Harold Dean -- --
Almond Harold Dean $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sfr Jv 2 2022 2 Borrower Llc $379,044,000
Closed Sfr Jv 2 2022 2 Borrower Llc $379,044,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2022 05/11/22 Sold $398,500 0.0% $212 / Sq Ft
02/19/2022 02/19/22 For Sale $398,500 0.0% $212 / Sq Ft
02/17/2022 02/17/22 For Sale $398,500 0.0% $212 / Sq Ft
02/15/2022 02/15/22 For Sale $398,500 -- $212 / 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
2025 $2,919 $317,245 $39,600 $277,645
2024 $2,575 $236,226 $23,400 $212,826
2023 $2,575 $236,226 $23,400 $212,826
2022 $2,671 $236,226 $23,400 $212,826
2021 $2,648 $236,226 $23,400 $212,826
2020 $2,397 $203,608 $28,500 $175,108
2019 $2,421 $203,608 $28,500 $175,108
2018 $2,301 $203,608 $28,500 $175,108
2017 $447 $39,576 $22,800 $16,776
2016 $448 $39,624 $21,200 $18,424
2015 $567 $39,624 $21,200 $18,424
2014 $646 $39,624 $21,200 $18,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3825047

Canopy MLS (Canopy Realtor® Association)

APN: 5574-01-19-2783