NOT LISTED FOR SALE

125 New Creed Ln Mount Airy, NC 27030

Estimated Value: $448,000 - $517,000

3 Beds
3 Baths
-- Sq Ft
9.21 Acres

Last Sold September 02, 2021

Last sale price $349,000

Est. 38% increase in value since last sale

Current estimated payment $2,833/month

1 Day on Market

Highlights

  • No HOA
  • Detached Garage
  • Central Air
  • White Plains Elementary School Rated A-

About This Home

As of September 2021

Great Investment Opportunity! 9.21 acres consisting of large brick home, 5 singlewide trailers (owned by seller), 3 mobile home rental spaces, detached garage and storage building. Brick home features 3-4 bedrooms with 1.5 baths on main level as well as a full walk out basement w/ "farmers bath". New roof in 2015 and new HVAC in 2020 and is currently occupied. There is one 3 br/2ba singlewide, one 2 br/1 ba single wide and three 2br/2 ba singlewides all of which are currently occupied. One of the three vacant lots in rented. The entire property is on public water and has multiple septic systems. Out of respect for tenants please do not drive through property and do not approach the residents. Financials and additional info available once confidentiality agreement is returned to listing agent.

Last Agent to Sell the Property

Maggie Cockerham

Rogers Realty & Auction Co., Inc. License #290581 Listed on: 07/05/2021

Last Buyer's Agent

Maggie Cockerham

Rogers Realty & Auction Co., Inc. License #290581 Listed on: 07/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,107

Year Built

  • Built in 1957

Lot Details

  • 9.21 Acre Lot
  • Property is zoned MHP

Parking

  • Detached Garage

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 590700979932
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,107

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Residential Income
  • Lot Size Acres: 9.21
  • Directions: From Mt. Airy take OLD 601 towards Dobson. Property on the left right before Space Savers Self Storage . 125 New Creed Lane.
  • Year Built: 1957
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank, Remarks
  • Cooling: Central Air, Window Unit(s)
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 590700979932
  • Zoning: MHP
  • TRIADMLS_PricePerAcre: 37991.3138
  • TRIADMLS_DeedPage: 601
  • TRIADMLS_DeedBook: 1626
  • TRIADMLS_AcresRange: 8 - 10

Tax Info

  • Tax Annual Amount: 2107
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Sep 2, 2021
Sold by
Simon Dianne R and Simon George John
Bought by
S & S Propertis & Rntls Llc
Seller's Agent
Maggie Cockerham
Rogers Realty & Auction Co., Inc.
Buyer's Agent
Maggie Cockerham
Rogers Realty & Auction Co., Inc.
Sold Price
$349,000
Current Estimated Value
$483,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,150
Avg. Annual Appreciation
8.52%
Original Mortgage
$273,000
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Aug 18, 2017
Closed on
Mar 22, 2018
Sold by
Creed Leonard D
Bought by
Simon Dianne R
Seller's Agent
Maggie Cockerham
Rogers Realty & Auction Co., Inc.
Buyer's Agent
Maggie Cockerham
Rogers Realty & Auction Co., Inc.
List Price
$289,900
Sold Price
$253,750
Premium/Discount to List
-$36,150
-12.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$203,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1997

Purchase Details

Closed on
Jul 1, 1994

Purchase Details

Closed on
Jun 1, 1986
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
S & S Propertis & Rntls Llc $349,000 None Available
Simon Dianne R -- --
-- -- --
-- $150,000 --
-- $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & S Properties And Rentals L $241,000
Closed S & S Propertis & Rntls Llc $273,000
Previous Owner Simon Dianne R $203,000
Previous Owner Creed Leonard D $56,773
Previous Owner Creed Leonard Dale $25,001
Previous Owner Creed Leonard D $20,000
Previous Owner Creed Leonard D $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $349,000 +37.5% --
03/22/2018 03/22/18 Sold $253,750 -12.5% $141 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
08/18/2017 08/18/17 For Sale $289,900 -- $161 / 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
2024 $2,409 $281,330 $69,250 $212,080
2023 $2,357 $281,330 $69,250 $212,080
2022 $2,342 $281,330 $69,250 $212,080
2021 $2,191 $268,420 $69,250 $199,170
2020 $2,107 $253,990 $82,990 $171,000
2019 $2,096 $252,750 $0 $0
2018 $1,655 $252,750 $0 $0
2017 $1,682 $252,750 $0 $0
2016 $1,682 $252,750 $0 $0
2013 -- $254,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1032134

Triad MLS

APN: 5907-00-97-9932