NOT LISTED FOR SALE

1221 Rainey Dr Spring Lake, NC 28390

Estimated Value: $121,000 - $149,671

2 Beds
1 Bath
936 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $125,000 $134 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $804/month

5 Days on Market

Highlights

  • Traditional Architecture
  • High Ceiling
  • Covered patio or porch
  • Sun or Florida Room
  • No HOA
  • Fenced Yard

About This Home

As of September 2023

Adorable bungalow with lots of love and work poured into it. This 2 bedroom, 1 bath bungalow is cute as a button! New roof, new carpet, paint, accent bead board wall in the kitchen, raised ceiling in kitchen with featured bead board ceiling. The bathroom has had a total remodel. This is such a rare opportunity. Enjoy extra space with your morning coffee on the front porch or in the back sunroom for added bonus space. Fenced in backyard in a quiet neighborhood with no hoa. Would make a great primary home or a rental. Dont miss this one!!

Last Agent to Sell the Property

Megan Sorrell

Ann Milton Realty License #326647 Listed on: 08/10/2023

Last Buyer's Agent

Lori Byrd

Manning Realty License #271562

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $552

Year Built

  • Built in 1941

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 104' x 199' x 102' x 199
  • Fenced Yard

Home Design

  • Traditional Architecture
  • Bungalow
  • Wood Siding
  • Aluminum Siding
  • Masonite

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Sun or Florida Room
  • Crawl Space
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer

Parking

  • Garage
  • Side Facing Garage
  • Private Driveway
  • Unpaved Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Overhills Elementary And Middle School
  • Overhills High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Twin Lakes Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$552

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Year Built: 1941
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Subdivision Name: Twin Lakes
  • Above Grade Finished Sq Ft: 936.0
  • Architectural Style: Bungalow, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 279.0
  • General Property Information Total Unfinished Area2: 279.0
  • General Property Information Lot Size Dimensions: 104' x 199' x 102' x 199
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Interior Features Shower Only: Yes
  • Room Types Sunroom: Yes
  • Architectural Style Bungalow: Yes
  • Flooring Laminate: Yes
  • Cooling Gas3: Yes
  • General Property Information Above Grade Finished Area: 936.0
  • General Property Information Carport YN: No
  • Flooring Concrete3: Yes
  • General Property Information Lot Size Square Feet2: 20473.2
  • General Property Information Lot Size Acres: 0.47
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Concrete, Laminate
  • Interior Amenities: Eat-in Kitchen, High Ceilings, Shower Only
  • Basement: Crawl Space
  • Appliances: Electric Range, Electric Water Heater, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Total Bedrooms: 7
  • Interior Features:High Ceilings: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 0.47
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Fiber Cement, Masonite, Wood Siding
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Door Features:Storm Door(s): Yes
  • Construction Materials:Masonite: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Garage Faces Side, Unpaved
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Unpaved: Yes

Utilities

  • Heating: Forced Air, Propane
  • Cooling: Gas, Gas Pack, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Harnett - Overhills
  • Middle Or Junior School: Harnett - Overhills

Lot Info

  • Lot Dimensions: 104' x 199' x 102' x 199
  • Lot Size Sq Ft: 20473.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 552.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Harnett - Overhills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Aug 31, 2023
Sold by
Turbeville Larry K and Turbeville Becky Jo
Bought by
Williams Natalie Marie and Williams Timothy Matthew
Seller's Agent
Megan Sorrell
Ann Milton Realty
Buyer's Agent
Lori Byrd
Manning Realty
List Price
$105,000
Sold Price
$125,000
Premium/Discount to List
$20,000
19.05%
Views
76
Current Estimated Value
$137,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,168
Avg. Annual Appreciation
0.87%
Original Mortgage
$118,750
Outstanding Balance
$116,541
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$10,515

Purchase Details

Listed on
Oct 30, 2014
Closed on
Jan 21, 2015
Sold by
Secretary Of Veterans Affairs
Bought by
Turbeville Larry K and Turbeville Becky Jo
Seller's Agent
LITCHFIELD REO TEAM
LITCHFIELD REALTY
Buyer's Agent
PATTY HERRERA
EXP REALTY LLC
List Price
$13,850
Sold Price
$13,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.00%

Purchase Details

Closed on
Sep 13, 2014
Sold by
Mangus Christine M and Mangus Ronnie L
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Feb 13, 2006
Sold by
Chavis Alvin M
Bought by
Mangus Christine M and Mangus Ronnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,161
Interest Rate
6.14%
Mortgage Type
VA
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
Williams Natalie Marie $125,000 None Listed On Document
Turbeville Larry K -- None Available
The Secretary Of Veterans Affairs $18,711 None Available
Mangus Christine M $54,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Natalie Marie $118,750
Previous Owner Manges Christine M $15,333
Previous Owner Mangus Christine M $55,161
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $125,000 +19.0% $134 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $105,000 +658.1% $112 / Sq Ft
01/23/2015 01/23/15 Sold $13,850 0.0% $15 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
10/30/2014 10/30/14 For Sale $13,850 -- $15 / Sq Ft
Source: Doorify 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 $552 $66,636 $0 $0
2023 $613 $66,636 $0 $0
2022 $613 $66,636 $0 $0
2021 $613 $61,380 $0 $0
2020 $613 $61,380 $0 $0
2019 $598 $61,380 $0 $0
2018 $598 $61,380 $0 $0
2017 $598 $61,380 $0 $0
2016 $589 $60,310 $0 $0
2015 $589 $60,310 $0 $0
2014 $589 $60,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2526176

Doorify MLS

APN: 010514 0250