NOT LISTED FOR SALE

1260 Millbridge Rd China Grove, NC 28023

Estimated Value: $313,789 - $408,000

3 Beds
2 Baths
1,722 Sq Ft
$204/Sq Ft Est. Value

Last Sold June 19, 2014

Last sale price $160,000 $93 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,963/month

22 Days on Market

Highlights

  • Wooded Lot
  • 1 Car Garage
  • Gas Log Fireplace
  • Central Air
  • Lot Has A Rolling Slope

About This Home

As of June 2014

Nicely updated older home with lots of charm. Living room has oak floors, fireplace with gas logs. Formal dining room has oak wood floors and lots of windows. Country kitchen with plenty of counter space. Master bedroom is on main level with wood floors, 2 closets and fireplace. Den with wood floors. A 10 X 14 sun room unheated with tiled floors. Large laundry room with plenty of storage. Upstairs has 2 large bedrooms and a private bath. Deck, detached 1 car garage, outbuilding, circular drive. Replacement windows. Situated on beautiful landscaped 2 acres of land. Hybrid High Efficiency heatpump for mail level installed 2014. A must see home.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,448

Year Built

  • Built in 1938

Lot Details

  • 2.06 Acre Lot
  • Property fronts an interstate
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Possible uses of the property include Residential

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,722 Sq Ft Home
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Millbridge Elementary School
  • China Grove Middle School
  • South Rowan High School

Utilities

  • Central Air
  • Heat Pump System
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,448

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Other
  • Year Built: 1938
  • Inclusions: Building
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Other
  • Special Features: 12

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Residential
  • Appliances: Dishwasher, Exhaust Hood, Microwave, Oil Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Living Area: 1722

Exterior Features

  • Roof: Composition
  • Road Frontage: 200
  • Construction Type: Brick Partial, Metal

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed, None
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: China Grove

Lot Info

  • Lot Features: Rolling Slope, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 020
  • Zoning: SFR
  • Lot Size Acres: 2.06
  • Lot Size Sq Ft: 89733
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Millbridge
  • High School: South Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jun 19, 2014
Sold by
Blalock Kathy A and Sherrill Kathy B
Bought by
Gibbs Billy J and Gibbs Rhonda E
List Price
$164,900
Sold Price
$160,000
Premium/Discount to List
-$4,900
-2.97%
Current Estimated Value
$351,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,947
Avg. Annual Appreciation
7.18%
Original Mortgage
$152,000
Outstanding Balance
$115,571
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$236,376
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
Gibbs Billy J $160,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Billy J $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2014 09/18/14 Off Market $160,000 -- --
06/19/2014 06/19/14 Sold $160,000 -3.0% $93 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $164,900 -- $96 / 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 $1,448 $213,704 $54,098 $159,606
2024 $1,448 $213,704 $54,098 $159,606
2023 $1,448 $213,704 $54,098 $159,606
2022 $863 $114,347 $39,966 $74,381
2021 $840 $114,347 $39,966 $74,381
2020 $840 $114,347 $39,966 $74,381
2019 $840 $114,347 $39,966 $74,381
2018 $743 $101,981 $39,965 $62,016
2017 $743 $101,981 $39,965 $62,016
2016 $743 $101,981 $39,965 $62,016
2015 $755 $101,981 $39,965 $62,016
2014 $738 $104,332 $39,965 $64,367
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R56302

Canopy MLS (Canopy Realtor® Association)

APN: 224-020