NOT LISTED FOR SALE

121 Derby Dr King, NC 27021

Estimated Value: $274,555 - $292,000

3 Beds
2 Baths
1,600 Sq Ft
$178/Sq Ft Est. Value

Last Sold January 14, 2016

Last sale price $145,000 $91 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,704/month

22 Days on Market

Highlights

  • Attic
  • No HOA
  • Forced Air Heating and Cooling System
  • Chestnut Grove Middle Rated 9+
  • 2 Car Attached Garage
  • Vinyl Flooring

About This Home

As of January 2016

Nice one level home located just minutes from Hwy 52. Many updates/upgrades like laminate flooring throughout the house, high vaulted ceilings in the living room, nice open floor plan from the dining area into the living room, tile backsplash in the kitchen with under cabinet lighting, Gas fireplace in the living room. House has both a dining area and a breakfast area. Additional storage space in the attic. Just minutes from downtown King.

Last Agent to Sell the Property

Mark Saunders

Saunders Realty LLC License #208613 Listed on: 11/23/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,437

Year Built

  • Built in 2006

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R15

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,510 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Chelsea Ridge Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 690105182171
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,437

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.345
  • Subdivision Name: Chelsea Ridge
  • Directions: 52 North to King. Take the Moore RJR exit then turn left. Left on Spainhour Rd, L on Brighton Dr. Right on Derby Dr. House is at the end of the street.
  • Above Grade Finished Sq Ft: 1510
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Dead Bolt(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1510
  • Main Level Bathrooms: 2
  • Attic Description: Partially Floored, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Exclusions: Light In Back Right Bedroom Will Not Convey.
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 690105182171
  • Zoning: R15
  • TRIADMLS_PlatPage: 92
  • TRIADMLS_PlatBook: 8
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1437
  • Tax Lot: 19
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
Jan 14, 2016
Sold by
Smith Lee C and Smith Lydia R
Bought by
Magnan James Michael and Magnan Bette Fisher
Seller's Agent
Mark Saunders
Saunders Realty LLC
List Price
$152,000
Sold Price
$145,000
Premium/Discount to List
-$7,000
-4.61%
Current Estimated Value
$283,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,850
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Oct 17, 2012
Sold by
Smith Lee C and Smith Lydia R
Bought by
Smith Lee C and Smith Lydia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2007
Sold by
Shugart Enterprises Llc
Bought by
Mcmillan Donald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,700
Interest Rate
6.07%
Mortgage Type
VA
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
Magnan James Michael $145,000 Attorney
Magnan James Michael $145,000 Attorney
Smith Lee C -- None Available
Mcmillan Donald S $147,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Lee C $120,500
Previous Owner Mcmillan Donald S $151,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2016 01/14/16 Sold $145,000 -4.6% $112 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
11/23/2015 11/23/15 For Sale $152,000 -- $117 / 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 $2,636 $240,700 $35,000 $205,700
2024 $2,636 $166,800 $30,000 $136,800
2023 $1,968 $166,800 $30,000 $136,800
2022 $1,885 $166,800 $30,000 $136,800
2021 $1,885 $166,800 $30,000 $136,800
2020 $1,571 $145,200 $25,000 $120,200
2019 $1,571 $145,200 $25,000 $120,200
2018 $1,571 $145,200 $25,000 $120,200
2017 $1,571 $145,200 $25,000 $120,200
2016 $1,465 $135,400 $25,000 $110,400
2015 $1,465 $135,400 $25,000 $110,400
2014 $1,533 $135,400 $25,000 $110,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 778181

Triad MLS

APN: 690105182171