NOT LISTED FOR SALE

1196 W Westmoreland Rd King, NC 27021

Estimated Value: $293,166 - $325,000

2 Beds
2 Baths
2,136 Sq Ft
$144/Sq Ft Est. Value

Last Sold October 08, 2012

Last sale price $142,777 $67 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,785/month

20 Days on Market

Highlights

  • 2.35 Acre Lot
  • Wood Flooring
  • 4 Car Detached Garage
  • Chestnut Grove Middle Rated 9+
  • No HOA
  • Porch

About This Home

As of October 2012

FHA381-918677 HUD Owned,Sold AS IS.See HUDHomestore website for online bidding, Property Condition Report,environmental issues--if any.See OFORIREO website for contract and addenda.HUD registered brokers only.All information believed accurate but is to be verified by buyer. FHA borrowers may qualify for $100 down payment, FHA 203k renovation loan for qualified property and owner-occupant,appointment required, combination lockbox on property. Listed IE with escrow of $385.Well&Septic on site

Last Agent to Sell the Property

Tara Tillman

WESTCHESTER REALTY License #219504 Listed on: 07/13/2012

Last Buyer's Agent

Ellen Peric

Carolina Farms & Homes Danbury License #196893

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 1960

Lot Details

  • 2.35

Parking

  • 4 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,136 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Additional Features

  • Porch
  • 2.35 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,063

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.35
  • Directions: From I-40 W Merge left onto Bus 40/421. Take Exit 6B to Hwy 52 North.Take Exit 123 toward King/Tobaccoville. Turn Right onto Main St. Turn Left onto W. King St. Left onto Thomas RR X. Make a Right on Dalton . Then Left on E Westmoreland. Home on right
  • Above Grade Finished Sq Ft: 2136
  • Unit Levels: One and One Half
  • Year Built: 1960
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2136
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2136
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: SFR
  • TRIADMLS_DeedPage: 998
  • TRIADMLS_DeedBook: 630

Tax Info

  • Tax Annual Amount: 1063
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2012
Closed on
Sep 20, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Dymott Michael Eric and Dymott Kara Jeanne
Seller's Agent
Tara Tillman
WESTCHESTER REALTY
Buyer's Agent
Ellen Peric
Carolina Farms & Homes Danbury
List Price
$130,000
Sold Price
$142,777
Premium/Discount to List
$12,777
9.83%
Current Estimated Value
$308,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,515
Avg. Annual Appreciation
6.08%
Original Mortgage
$114,221
Outstanding Balance
$79,259
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$229,033

Purchase Details

Closed on
Jun 20, 2012
Sold by
Webster Elmer A and Webster Nancy M
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 10, 2007
Sold by
Newsome Randall B and Newsome Melissa D
Bought by
Webster Elmer A and Webster Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Dymott Michael Eric -- None Available
Secretary Of Housing & Urban Development $174,208 None Available
Webster Elmer A $139,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dymott Michael Eric $114,221
Previous Owner Webster Elmer A $111,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2012 10/08/12 Sold $142,777 +9.8% $67 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $130,000 -- $61 / 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 $1,794 $250,900 $53,800 $197,100
2024 $1,794 $163,700 $38,600 $125,100
2023 $1,326 $163,700 $38,600 $125,100
2022 $1,211 $163,700 $38,600 $125,100
2021 $1,211 $163,700 $38,600 $125,100
2020 $1,088 $147,000 $37,600 $109,400
2019 $1,088 $147,000 $37,600 $109,400
2018 $1,088 $147,000 $37,600 $109,400
2017 $1,080 $147,000 $37,600 $109,400
2016 $1,040 $141,500 $37,600 $103,900
2015 $1,033 $141,500 $37,600 $103,900
2014 $1,063 $141,500 $37,600 $103,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 648089

Triad MLS

APN: 598203425377