NOT LISTED FOR SALE

1338 W Ridge St Ramseur, NC 27316

Estimated Value: $112,000 - $164,000

3 Beds
1 Bath
1,000 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $53,000 $53 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $799/month

20 Days on Market

Highlights

  • No HOA
  • Attached Carport
  • Central Air
  • Cottage
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of July 2016

Charming cottage in move in condition. Appliances remaining including washer and dryer, range, dishwasher and refrigerator. Newer metal roof, carport, fenced back yard and a great deck on back are some of the exterior features. Eat at bar in kitchen and a breakfast area make for cozy dining. Great price for a starter home or rental.

Last Agent to Sell the Property

Emily Smith

The Real Estate Shoppe License #190836 Listed on: 04/28/2016

Last Buyer's Agent

Rachel Wall

Providence Realty License #288106

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $736

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75 x 150 x 75 x 150
  • Fenced
  • Property is zoned RA-16

Parking

  • 1 Car Garage
  • Attached Carport

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 936 Sq Ft Home
  • 800-1,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Dishwasher
  • Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Southeastern Randolph Middle School
  • Eastern Randolph High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8702604049
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$736

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: 75 x 150 x 75 x 150
  • Subdivision Name: None
  • Directions: Hwy 22 South from Hwy 64 in Ramseur. Right on W. Ridge. Home at the end of the road on left.
  • Above Grade Finished Sq Ft: 936
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1964
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1000
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 936
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Remarks
  • Fencing: Fenced
  • Construction Type: Wood Siding
  • Other Structures: Storage

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Ramseur
  • High School: Eastern Randolph
  • Middle Or Junior School: Southeastern Randolph

Lot Info

  • Parcel #: 8702604049
  • Zoning: RA-16
  • TRIADMLS_PricePerAcre: 180000
  • TRIADMLS_DeedPage: 586
  • TRIADMLS_DeedBook: 2376
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 736
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jul 7, 2016
Sold by
Locklear Teresa Horner and Locklear Ernie Ricky
Bought by
Farlow Richard S and Farlow Jennifer S
Seller's Agent
Emily Smith
The Real Estate Shoppe
Buyer's Agent
Rachel Wall
Providence Realty
List Price
$54,000
Sold Price
$53,000
Premium/Discount to List
-$1,000
-1.85%
Current Estimated Value
$133,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,356
Avg. Annual Appreciation
10.49%
Original Mortgage
$52,040
Outstanding Balance
$43,916
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$89,440

Purchase Details

Closed on
Feb 10, 2014
Sold by
Moore Jonathan
Bought by
Moore Betty Jean Willard and Moore Richard Brian
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
Farlow Richard S $53,000 None Available
Moore Betty Jean Willard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farlow Richard S $52,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2016 07/18/16 Sold $53,000 -1.9% $66 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $54,000 -- $68 / 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 $1,100 $89,330 $17,640 $71,690
2023 $1,055 $89,330 $17,640 $71,690
2022 $803 $60,840 $13,070 $47,770
2021 $803 $60,840 $13,070 $47,770
2020 $803 $60,840 $13,070 $47,770
2019 $803 $60,840 $13,070 $47,770
2018 $735 $54,910 $10,450 $44,460
2016 $726 $54,906 $10,450 $44,456
2015 $736 $54,906 $10,000 $44,906
2014 -- $54,906 $10,000 $44,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 793292

Triad MLS

APN: 8702-60-4049