NOT LISTED FOR SALE

126 Merrifield Dr Locust, NC 28097

Estimated Value: $400,540 - $483,000

3 Beds
2 Baths
2,119 Sq Ft
$208/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $292,500 $138 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,596/month

Highlights

  • Ranch Style House
  • Corner Lot
  • Garden Bath
  • Locust Elementary School Rated A-
  • Attached Garage
  • Vinyl Plank Flooring

About This Home

As of October 2019

IMMACULATE! This beautiful all brick ranch with a split floor plan sits on an oversized corner lot that was originally two lots combined. It features a large side load two car garage, fenced yard, irrigation, raised patio, 36" doors throughout, all new fixtures, granite in kitchen & baths, new door hardware, flooring and new paint just to name a few. Refrigerator & surround sound will stay with the home. Don't forget this is located in the desirable neighborhood The Meadows with NO HOA! If you are looking for a move in ready home in a great community this is the one & it will not last long!

Last Agent to Sell the Property

Dustin Ward

5 Points Realty License #120428 Listed on: 08/31/2019

Last Buyer's Agent

Cindy McCoy

McCoy Real Estate Inc License #167736

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Corner Lot

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 5576-03-43-2482

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 943548.39
  • Ratio Current Price By Sq Ft: 138.04
  • Year Built: 2006
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Refrigerator
  • Fireplace Description: FAMILYRM, Propane
  • Flooring: Carpet, Vinyl Plank
  • Interior Amenities: Garden Tub, Split BR Plan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2119
  • Total Sq Ft: 2119

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 5576-03-43-2482
  • Zoning Specification: OPS

Tax Info

  • Tax Value: 216065.00
  • Tax Location: Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2019
Closed on
Oct 25, 2019
Sold by
Chapman Jeffrey S and Chapman Denise B
Bought by
Kerrick Randall W and Kerrick Carrie W
Seller's Agent
Dustin Ward
5 Points Realty
Buyer's Agent
Cindy McCoy
McCoy Real Estate Inc
List Price
$292,500
Sold Price
$292,500
Current Estimated Value
$439,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,385
Avg. Annual Appreciation
6.80%
Original Mortgage
$263,200
Outstanding Balance
$226,905
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$212,980

Purchase Details

Closed on
Dec 8, 2017
Sold by
Chapman Clarence F and Chapmanj Brenda I
Bought by
Chapman Jeffrey S and Chapman Denise B

Purchase Details

Closed on
Jun 30, 2006
Sold by
Furr Henry Timothy and Furr Anneete
Bought by
Chapman Clarenc E F and Chapman Brenda I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kerrick Randall W $292,500 None Available
Chapman Jeffrey S -- None Available
Chapman Clarenc E F $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerrick Randall W $263,200
Previous Owner Chapman Clarenc E F $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $292,500 0.0% $138 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
08/31/2019 08/31/19 For Sale $292,500 -- $138 / Sq Ft
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
2025 $3,546 $385,396 $75,000 $310,396
2024 $2,961 $271,693 $42,000 $229,693
2023 $3,081 $271,693 $42,000 $229,693
2022 $3,054 $271,693 $42,000 $229,693
2021 $3,027 $271,693 $42,000 $229,693
2020 $2,536 $216,065 $33,500 $182,565
2019 $2,293 $216,065 $33,500 $182,565
2018 $2,442 $216,065 $33,500 $182,565
2017 $2,442 $216,065 $33,500 $182,565
2016 $2,521 $223,131 $31,500 $191,631
2015 $2,633 $223,131 $31,500 $191,631
2014 $2,813 $223,131 $31,500 $191,631
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3545852

Canopy MLS (Canopy Realtor® Association)

APN: 5576-03-43-2482