NOT LISTED FOR SALE

1305 Morehead St Conover, NC 28613

Estimated Value: $244,000 - $288,228

2 Beds
2 Baths
1,410 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $85,000 $60 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $1,482/month

13 Days on Market

Highlights

  • Shed
  • Tile Flooring
  • Level Lot

About This Home

As of January 2017

Wow! 3.6 acres, 4 out buildings, 2 bed, 2 bath, 1400 s/f Brick ranch w/full unfinished basement and priced at $83,250. the home needs a lot of TLC and updating, but this is a true diamond in the rough! Attached carport, central heat & air and wood stove in basement ducted into HVAC system, private well, paved drive and so much more! Call your agent today for a private showing! Qualifies for HUD's $100 down FHA option. HUD case #387-022373. Home marketed as (IE) FHA insurable w/escrow, subject to buyer appraisal. Property owned by US Dept. of HUD. “Sold As-Is, Where-Is” without repairs or warranties. Seller, its agents and/or assigns make no representations or warranties as to property condition. This pre-1978 property includes a LBP Addendum. Buyer and their agent to verify all information including schools, SF, and all systems. Seller may contribute up to 3% for buyer’s closing costs but only if requested on line 5 of the electronic bid submission. EQUAL HOUSING OPPORTUNITY.

Last Agent to Sell the Property

Danny Boone

Master Brokers of the Carolinas & Catawba Valley License #226407 Listed on: 11/22/2016

Last Buyer's Agent

Beverly Gish

RE/MAX Executive at the Lake License #52618

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 3.6

Home Design

  • Brick Exterior Construction

Additional Features

  • Tile Flooring
  • 2 Full Bathrooms
  • Shed
  • Level Lot
  • Well

Listing and Financial Details

  • Assessor Parcel Number 375011750125

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 1.02102
  • Ratio Close Price By Original Li: 1.02102
  • Ratio Current Price By Acre: 23611.11
  • Ratio Current Price By Sq Ft: 60.28
  • Year Built: 1964
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Cooktop Electric, Dishwasher, Wall Oven
  • Flooring: Tile
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1410
  • Total Sq Ft: 1410
  • Sq Ft Unheated Basement: 1410
  • Sq Ft Unheated Total: 1410

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Parking: Attached Carport, Carport - 1 Car, Driveway

Utilities

  • Heating: Heat Pump - AC
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Lot Features: Level
  • Parcel Number: 375011750125
  • Zoning Specification: R-20

Tax Info

  • Tax Value: 137500.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2016
Closed on
Jan 31, 2017
Sold by
Secretary Of Housing & Urban Development
Bought by
Jones Thomas and Jones Glae
Seller's Agent
Danny Boone
Master Brokers of the Carolinas & Catawba Valley
Buyer's Agent
Beverly Gish
RE/MAX Executive at the Lake
List Price
$83,250
Sold Price
$85,000
Premium/Discount to List
$1,750
2.1%
Current Estimated Value
$266,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,307
Avg. Annual Appreciation
13.55%
Original Mortgage
$77,838
Outstanding Balance
$64,429
Interest Rate
4.19%
Estimated Equity
$201,878

Purchase Details

Closed on
Aug 29, 2016
Sold by
Jpmorgan Chase Bank N A
Bought by
Secretary Of H U D

Purchase Details

Closed on
Mar 30, 2010
Sold by
King Gladys A
Bought by
King Gladys A and King James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,271
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2004
Bought by
Buie Samuel Jeff and Buie Martha H
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
Jones Thomas -- --
Secretary Of H U D $110,500 None Available
King Gladys A -- None Available
Buie Samuel Jeff $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Thomas $77,838
Closed Jones Thomas --
Previous Owner King Gladys A $110,271
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2017 01/31/17 Sold $85,000 +2.1% $60 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
11/22/2016 11/22/16 For Sale $83,250 -- $59 / 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 $1,189 $238,000 $30,300 $207,700
2024 $1,189 $238,000 $30,300 $207,700
2023 $1,189 $238,000 $30,300 $207,700
2022 $1,043 $143,800 $30,300 $113,500
2021 $1,014 $143,800 $30,300 $113,500
2020 $1,014 $143,800 $30,300 $113,500
2019 $999 $143,800 $0 $0
2018 $956 $137,500 $29,700 $107,800
2017 $914 $0 $0 $0
2016 $914 $0 $0 $0
2015 $826 $137,510 $29,700 $107,810
2014 $826 $137,600 $32,200 $105,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR9591250

Canopy MLS (Canopy Realtor® Association)

APN: 3750117501250000