NOT LISTED FOR SALE

1300 W Ridge St Ramseur, NC 27316

Estimated Value: $196,000 - $265,618

4 Beds
2 Baths
2,800 Sq Ft
$78/Sq Ft Est. Value

Last Sold April 18, 2017

Last sale price $67,900 $24 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $1,375/month

17 Days on Market

Highlights

  • Farmhouse Style Home
  • No HOA
  • Detached Carport Space
  • Attic
  • Porch
  • Central Air

About This Home

As of April 2017

2 Story Farm House, 3 Bedroom, 2 Bath, 2 Car Detached Garage, Cement Driveway, Large Lot. Property is owned by US Depart of HUD, case 387-238085. FHA Financing is IE, $2420 repair escrow. Subject to Appraisal. HUD homes are sold AS-IS. Equal Housing Opportunity. Seller makes no representations/warranties as to prop condition, Seller may contribute up to 3% for buyer's closing costs upon buyer request. Lead Based Paint Notice/Addendum is attached in the addendums.

Last Agent to Sell the Property

Paula Fields

My Favorite Realty, Inc License #243993 Listed on: 03/09/2017

Last Buyer's Agent

Mike Dennis

Allen Tate-Asheboro License #193302

Allen Tate-Asheboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 1870

Lot Details

  • 2.1 Acre Lot
  • Fenced
  • Property is zoned RA-16

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 2,599 Sq Ft Home
  • 2,300-2,800 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8702712679
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,488

Year Built

Built in 1870

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.1
  • Subdivision Name: None
  • Directions: Drive from I-73 from Greensboro to Asheboro. Exit on Hwy 64 East Follow 64 East to Ramseur. Turn right on Coleridge St. Then turn right onto W Ridge St. House will be on right.
  • Above Grade Finished Sq Ft: 2599
  • Architectural Style: Farm House
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1870
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2300 - 2800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Separate Shower
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2599
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: See Remarks, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 8702712679
  • Zoning: RA-16
  • TRIADMLS_PricePerAcre: 34523.8095
  • TRIADMLS_DeedPage: 01171
  • TRIADMLS_DeedBook: 002533
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 1487.88
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.3225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2017
Sold by
Jem Marketing Llc
Bought by
Itehua Celene Mejia
Current Estimated Value
$219,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Outstanding Balance
$95,286
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$123,869

Purchase Details

Listed on
Mar 9, 2017
Closed on
Apr 14, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
Jem Marketing Llc
Seller's Agent
Paula Fields
My Favorite Realty, Inc
Buyer's Agent
Mike Dennis
Allen Tate-Asheboro
List Price
$72,500
Sold Price
$67,900
Premium/Discount to List
-$4,600
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%

Purchase Details

Closed on
Nov 23, 2016
Sold by
Pingora Loan Servicing Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Nov 21, 2016
Sold by
Reeves Jesse
Bought by
Pingora Loan Servicing Llc

Purchase Details

Listed on
May 7, 2014
Closed on
Mar 4, 2015
Sold by
Mathers Gloria C and Mathers William E
Bought by
Reeves Jesse
Seller's Agent
Debbie Dennis
The Real Estate Shoppe
List Price
$95,900
Sold Price
$94,000
Premium/Discount to List
-$1,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$92,297
Interest Rate
4.25%
Mortgage Type
FHA
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
Itehua Celene Mejia $115,000 None Available
Jem Marketing Llc -- None Available
Secretary Of Housing & Urban Development -- None Available
Pingora Loan Servicing Llc $69,200 None Available
Reeves Jesse $94,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Itehua Celene Mejia $112,917
Previous Owner Reeves Jesse $92,297
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2017 04/18/17 Sold $67,900 -6.3% $30 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $72,500 -22.9% $32 / Sq Ft
04/06/2015 04/06/15 Sold $94,000 -2.0% $49 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
05/07/2014 05/07/14 For Sale $95,900 -- $50 / 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 $2,174 $178,200 $35,740 $142,460
2023 $2,085 $178,200 $35,740 $142,460
2022 $1,526 $117,140 $23,600 $93,540
2021 $1,526 $117,140 $23,600 $93,540
2020 $1,526 $117,140 $23,600 $93,540
2019 $1,526 $117,140 $23,600 $93,540
2018 $1,488 $112,510 $23,470 $89,040
2016 $1,488 $112,505 $23,470 $89,035
2015 $1,491 $112,505 $23,470 $89,035
2014 -- $112,505 $23,470 $89,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 824656

Triad MLS

APN: 8702-71-2679