$61,000
SOLD MAR 11, 2024

1328 Falls Rd Moravian Falls, NC 28654

3 Beds
1 Bath
1,100 Sq Ft
0.65 Acres

Recently Sold

$55 Per Sq Ft

13% Below List Price

8 Days on Market

About This Home

As of September 2024

Investor's Dream: This 3-bedroom, 1-bath fixer-upper presents a golden opportunity for savvy investors. Unlock the potential of this property and transform it into a lucrative investment. Don't miss out on this chance to turn a diamond in the rough into a profitable venture!
Please read all agent remarks. Seller makes no warranties as to the condition of the structures on the property. This property is sold "AS IS".

Last Agent to Sell the Property

Caden Darnell

Blue Knight Real Estate Group LLC License #322726 Listed on: 02/13/2024

Last Buyer's Agent

Angela Sale

Ward & Ward Properties, LLC License #290155

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $384

Year Built

  • Built in 1955

Lot Details

  • 0.65 Acre Lot
  • Property is zoned R1

Parking

  • Driveway

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1100084

Home Details

Home Type

Single Family

Est. Annual Taxes

$384

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.65
  • Subdivision Name: None
  • Directions: Turn right onto NC Highway 18 S (NC-18) toward Lenoir. Go for 0.5 mi. Turn left onto Falls Rd. Go for 1.3 mi. Turn right into driveway.
  • Above Grade Finished Sq Ft: 960
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1955
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 960
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: None, No Fuel
  • Water Source: Shared Well
  • TRIADMLS_HeatingFuel: No Fuel
  • Water Heater: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1100084
  • Zoning: R1
  • TRIADMLS_PricePerAcre: 93846.1538
  • TRIADMLS_DeedPage: 856
  • TRIADMLS_DeedBook: 656
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 384
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Sep 9, 2024
Sold by
Triplett Matthew H and Triplett Jamie S
Bought by
Davidson Jeremy Keith
Seller's Agent
Angela Sale
Ward & Ward Properties, LLC
Buyer's Agent
Melinda Goforth
eXp Realty
List Price
$219,000
Sold Price
$214,000
Premium/Discount to List
-$5,000
-2.28%
Views
44
Current Estimated Value
$165,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,667
Avg. Annual Appreciation
-2.12%
Original Mortgage
$216,000
Outstanding Balance
$214,481
Interest Rate
6.03%
Mortgage Type
New Conventional
Estimated Equity
-$4,481

Purchase Details

Listed on
Feb 13, 2024
Closed on
Mar 7, 2024
Sold by
Hayes Georgia E
Bought by
Triplett Matthew H and Triplett Jamie S
Seller's Agent
Caden Darnell
Blue Knight Real Estate Group LLC
Buyer's Agent
Angela Sale
Ward & Ward Properties, LLC
List Price
$69,900
Sold Price
$61,000
Premium/Discount to List
-$8,900
-12.73%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1130.74%

Purchase Details

Closed on
Dec 2, 1987
Bought by
Hayes Georgia E
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 Type Sale Price Title Company
Warranty Deed $214,000 None Listed On Document
Warranty Deed $36,500 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $214,000 -2.3% $238 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $219,000 +259.0% $243 / Sq Ft
03/11/2024 03/11/24 Sold $61,000 -12.7% $76 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $69,900 -- $87 / 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 $1,861 $52,040 $12,380 $39,660
2023 $384 $52,040 $12,380 $39,660
2022 $384 $52,040 $12,380 $39,660
2021 $390 $52,040 $12,380 $39,660
2020 $390 $52,040 $12,380 $39,660
2019 $39,030 $52,040 $12,380 $39,660
2018 $357 $49,620 $0 $0
2017 $357 $49,620 $0 $0
2016 $357 $49,620 $0 $0
2015 $367 $49,620 $0 $0
2014 $367 $49,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1133004

Triad MLS

APN: 1100084