NOT LISTED FOR SALE

131 Spring Valley Dr Raeford, NC 28376

Estimated Value: $265,671 - $289,000

3 Beds
2 Baths
1,771 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $240,000 $136 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,614/month

4 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Gas Log Fireplace
  • No HOA

About This Home

As of June 2022

Beautiful 3 bedroom 2 bath ranch with bonus nestled snuggly in a Raeford subdivision. This home has the best of both worlds quiet serene off the beaten path but not too far from shopping and no HOA. If you’re looking for something a little bit outside of the hustle and bustle but still close enough to enjoy what all of that brings this home is definitely for you. You have an advantage the home has been pre-wired for sound system so the wires are already installed just waiting for you to complete.

Last Agent to Sell the Property

THERESA PETTIE

JASON MITCHELL GROUP License #313062 Listed on: 04/19/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,736

Year Built

  • Built in 1998

Lot Details

  • 0.34

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1.5-Story Property
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Propane

Community Details

  • No Home Owners Association
  • Cumberland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494650301054

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,736

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Subdivision Name: Cumberland
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Flooring Tile: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Levels One and One Half: Yes
  • General Property Information Carport YN: No
  • Utilities Propane3: Yes
  • General Property Information Building Project Name3: Please see offer instructions. The hot tub and pool have never been used by the current owner and there is no information on either. This home is being sold AS IS. No repairs will be done outside of those required by the appraisal. The homeowners will need to stay in the home for at least 45 days after the sale. Please confirm subdivision is Spring valley not cumberland. Verify schools. Square foo
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Basement:Crawl Space: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Home Warranty: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Propane

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Parcel #: 494650301054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
May 27, 2022
Sold by
Ahmad Serhan-Rodriguez Adel
Bought by
Nieves Jessica
Seller's Agent
THERESA PETTIE
JASON MITCHELL GROUP
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%
Current Estimated Value
$280,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,668
Avg. Annual Appreciation
4.80%
Original Mortgage
$244,444
Outstanding Balance
$231,902
Interest Rate
5.1%
Estimated Equity
$48,766

Purchase Details

Closed on
Nov 8, 2017
Sold by
Serhan Rodriguez Andrea Kier and Serhan Rodriguez Adel Ahmad
Bought by
Serhan Rodriguez Adel Ahmad

Purchase Details

Listed on
Jun 3, 2016
Closed on
Jun 3, 2016
Sold by
Blumer Brian Lee and Blumer Mandy M
Bought by
Serhan Rodriguez Adel A and Serhan Rodriguez Andrea Keir
Seller's Agent
Hollie Vires
Red Door Real Estate Group
Buyer's Agent
Outside MLS Sold Other
Non Member Transaction
Sold Price
$172,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$175,698
Interest Rate
3.59%
Mortgage Type
VA
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
Nieves Jessica $240,000 Law Office Of Jeffrey E Radfor
Serhan Rodriguez Adel Ahmad -- None Available
Serhan Rodriguez Adel A $172,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nieves Jessica $244,444
Previous Owner Serhan Rodriguez Adel A $175,698
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $240,000 +6.7% $136 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $225,000 +30.8% $127 / Sq Ft
06/03/2016 06/03/16 Sold $172,000 -- $97 / Sq Ft View Prior Sale
Source: Doorify 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
2025 $1,736 $198,300 $21,000 $177,300
2024 $1,736 $198,300 $21,000 $177,300
2023 $1,736 $198,300 $21,000 $177,300
2022 $1,704 $198,300 $21,000 $177,300
2021 $1,463 $163,930 $20,000 $143,930
2020 $1,489 $163,930 $20,000 $143,930
2019 $1,489 $163,930 $20,000 $143,930
2018 $1,489 $163,930 $20,000 $143,930
2017 $1,489 $163,930 $20,000 $143,930
2016 $1,461 $163,930 $20,000 $143,930
2015 $1,461 $163,930 $20,000 $143,930
2014 $1,438 $163,930 $20,000 $143,930
2013 -- $134,980 $22,000 $112,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: LP682285

Doorify MLS

APN: 494650301054