NOT LISTED FOR SALE

123 Abbington Place Unit 20 Locust, NC 28097

Estimated Value: $545,000 - $666,000

0.79 Acre
$765,013 Price per Acre
34,412 Sq Ft Lot

Last Sold January 27, 2015

Last sale price $51,000

Est. 1,085% increase in value since last sale

Current estimated payment $3,774/month

10 Days on Market

About This Lot

As of January 2015

Whitney is a private 21 home enclave that features home sites from .4 acre to .8 acre. Centrally located between Charlotte, Concord, Monroe and Albemarle. Located just 12 minutes from I-485. Protective Building Guidelines and an Architectural Committee to approve home design, site plans, etc. Majestic Oaks frame Stone Column and Fenced Entrance. Broker/Owner.

Home sites from the $30's - Home from $225,000 - Bring Your Own Builder

Last Agent to Sell the Property

Keith Austin

Builder Developer Advisors Inc License #97632 Listed on: 01/06/2015

Last Buyer's Agent

Keith Austin

Builder Developer Advisors Inc License #97632 Listed on: 01/06/2015

Property Details

Property Type

  • Land

Year Built

  • 2015

Lot Details

Additional Features

  • Property is zoned Residential Lot
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5575-03-40-5280

Property Details

Property Type

Land

Year Built

2015

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 64556.96
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Restrictions Description: Yes
  • Special Features: None
  • Year Built (Public Record): 2015

Interior Features

  • Foundation Details: Crawl Space

Utilities

  • Sewer: City Sewer
  • Water: County Water

Condo/Co-op/Association

  • Association Fee: 300.00
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

  • Elementary School: Stanfield
  • Middle School: West Stanly
  • High School: West Stanly

Lot Info

  • Lot Dimension: 114x290x128x282
  • Lot Size Area: 0.790
  • Parcel Number: 5575-03-40-5280
  • Zoning: Residential Lot
  • Zoning Specification: NR
  • Plat Book Slide: 20/140
  • Plat Reference Section Pages: 532

Tax Info

  • Tax Value: 35000.00
  • Tax Location: Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2015
Sold by
Austin Building Group Incorporated Nc
Bought by
Kipp Jeffrey W and Korn Kipp Silke
Total Days on Market
10
Current Estimated Value
$604,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,977
Outstanding Balance
$259,386
Interest Rate
3.79%
Mortgage Type
VA
Estimated Equity
$320,943

Purchase Details

Listed on
Jan 6, 2015
Closed on
Dec 15, 2014
Sold by
Whitney Development Group Llc
Bought by
Austin Building Group Incorporated
Seller's Agent
Keith Austin
Builder Developer Advisors Inc
Buyer's Agent
Keith Austin
Builder Developer Advisors Inc
List Price
$51,000
Sold Price
$51,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.37%
Original Mortgage
$300,000
Interest Rate
3.87%
Mortgage Type
Unknown
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
Kipp Jeffrey W $330,000 Attorney
Austin Building Group Incorporated $51,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kipp Jeffrey W $327,977
Previous Owner Austin Building Group Incorporated $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2015 01/27/15 Sold $51,000 0.0% --
01/16/2015 01/16/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $51,000 -- --
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
2024 $4,766 $437,240 $60,000 $377,240
2023 $4,886 $437,240 $60,000 $377,240
2022 $4,842 $437,240 $60,000 $377,240
2021 $4,798 $437,240 $60,000 $377,240
2020 $4,093 $355,221 $35,000 $320,221
2019 $3,890 $333,589 $35,000 $298,589
2018 $3,770 $333,589 $35,000 $298,589
2017 $4,152 $367,454 $35,000 $332,454
2016 $3,976 $351,844 $35,000 $316,844
2015 $394 $35,000 $35,000 $0
2014 $444 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3055227

Canopy MLS (Canopy Realtor® Association)

APN: 5575-03-40-5280