$75,000
SOLD JUN 3, 2020

1301 Koinonia Dr Spring Lake, NC 28390

3 Beds
2 Baths
1,110 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

1% Above List Price

51 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-minute walk to Mendoza Park
  • Brick Veneer
  • 1-Story Property

About This Home

As of June 2020

Check out this HUD home, this home has some nice updates and the garage has been converted to additional living space! Property is owned by the US Dept. of HUD. HUD case #387-232434 Insurability code, INS subject to buyer's appraisal. Seller makes no representations/warranties as to property condition. Sold AS IS. EHO. Seller may contribute up to 3% for buyer's cc upon buyer request. Pre 1978 properties must include LBP notice. - -Info & disclosures @ HUDhomestore.com. Bids submitted by HUD registered agents only NAID# req. Prop inquiries will be answered within 24 hours. Dewint/rewint for insp (if applicable) @ buyer's expense. All showing agents must sign in @ property. Up to 3% commission for registered selling agents.

Last Agent to Sell the Property

JOSEPH BRANDON CHASE

CHASE REAL ESTATE License #249103 Listed on: 02/25/2020

Last Buyer's Agent

Erica Morgan

CASA MORGAN REAL ESTATE, LLC License #283335

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,689

Year Built

  • Built in 1984

Lot Details

  • Zoning described as R5 - Residential District

Home Design

  • Brick Veneer
  • Slab Foundation

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Manchester Elementary School
  • Spring Lake Middle School
  • Pine Forest Senior High School

Community Details

  • No Home Owners Association
  • Deerfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0502-38-3425

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,689

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Inclusions: None
  • Ownership: Less than a year
  • Subdivision Name: DEERFIELD
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1984
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Area: 1110.0
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: < 1/4 Acre
  • Exclusions: None
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Foundation Details: Slab

Utilities

  • Heating: Other
  • Sewer: Other
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Manchester Elementary
  • High School: Pine Forest Senior High
  • Middle Or Junior School: Spring Lake Middle School

Lot Info

  • Parcel #: 0502-38-3425
  • Zoning Description: R5 - Residential District
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
May 28, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Ungria Mick
Seller's Agent
JOSEPH BRANDON CHASE
CHASE REAL ESTATE
Buyer's Agent
Erica Morgan
CASA MORGAN REAL ESTATE, LLC
List Price
$74,500
Sold Price
$75,000
Premium/Discount to List
$500
0.67%
Current Estimated Value
$166,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,441
Avg. Annual Appreciation
15.72%
Original Mortgage
$71,250
Outstanding Balance
$63,960
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$97,968

Purchase Details

Closed on
Jan 30, 2020
Sold by
Alabama Housing Finance Authority
Bought by
Secretary Of Hud

Purchase Details

Closed on
Oct 30, 2019
Sold by
Trustee Services Of Carolina Llc
Bought by
Alabama Housing Finance Authority

Purchase Details

Listed on
Oct 7, 2014
Closed on
Jan 20, 2015
Sold by
Benjamin Stout Real Est Servic
Bought by
Dice Andrew
Seller's Agent
Scott Hardin
RE/MAX CHOICE
List Price
$89,500
Sold Price
$89,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$4,393
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 7, 2014
Closed on
Dec 5, 2014
Sold by
Dice Kelly L
Bought by
Dice Andrew
Seller's Agent
Scott Hardin
RE/MAX CHOICE
List Price
$89,500
Sold Price
$89,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,393
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2014
Sold by
Ingle Sub Tr Grady I and Jones Brigitte G
Bought by
Federal National Mortgage Association
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- None Available
Warranty Deed $65,360 None Available
Warranty Deed $90,000 --
Quit Claim Deed -- --
Trustee Deed $58,238 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,250 New Conventional
Previous Owner $4,393 Purchase Money Mortgage
Previous Owner $87,871 FHA
Previous Owner $34,900 Stand Alone Refi Refinance Of Original Loan
Previous Owner $54,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2020 06/03/20 Sold $75,000 +0.7% $68 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $74,500 -16.8% $67 / Sq Ft
01/20/2015 01/20/15 Sold $89,500 0.0% $65 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $89,500 +156.4% $65 / Sq Ft
07/10/2014 07/10/14 Sold $34,900 0.0% $26 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $34,900 -- $26 / Sq Ft
Source: Longleaf Pine REALTORS®

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 $1,689 $92,324 $14,000 $78,324
2023 $1,689 $92,324 $14,000 $78,324
2022 $1,514 $92,324 $14,000 $78,324
2021 $1,514 $92,324 $14,000 $78,324
2019 $1,485 $78,300 $14,000 $64,300
2018 $1,485 $78,300 $14,000 $64,300
2017 $1,485 $78,300 $14,000 $64,300
2016 $1,549 $86,000 $14,000 $72,000
2015 $1,549 $86,000 $14,000 $72,000
2014 $1,549 $86,000 $14,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 627789

Longleaf Pine REALTORS®

APN: 0502-38-3425