NOT LISTED FOR SALE

1408 N Main Ave Newton, NC 28658

Estimated Value: $249,721 - $307,000

3 Beds
2 Baths
1,628 Sq Ft
$166/Sq Ft Est. Value

Last Sold February 13, 2017

Last sale price $24,000 $15 Per Sq Ft

Est. 1,025% increase in value since last sale

Current estimated payment $1,685/month

11 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Level Lot

About This Home

As of February 2017

Great investment property with 3 bedrooms and 2 baths. As is, Where Is. ***This home qualifies for Freddie Mac First Look Initiative. Only Owner Occupants may make offers through 01/18/2017 First Look Affidavit is in associated docs and must accompany all offers during this period. Home is Sold "As Is, Where Is"***

Last Agent to Sell the Property

Crystal Rogers

Elite Properties, Inc. License #198876 Listed on: 12/29/2016

Last Buyer's Agent

Paulo Marreiros

PORT USA Realty License #216886

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 0.32

Home Design

  • Cottage
  • Vinyl Siding

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Level Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 374005085772

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.96386
  • Ratio Close Price By Original Li: 0.96386
  • Ratio Current Price By Acre: 75000.00
  • Ratio Current Price By Sq Ft: 14.74
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Cable Available
  • Main Level Sq Ft: 1628
  • Total Sq Ft: 1628

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway

Utilities

  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Schools

  • Elementary School: North Newton
  • Middle School: Newton Conover
  • High School: Newton Conover

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.320
  • Parcel Number: 374005085772
  • Zoning Specification: R-9

Tax Info

  • Tax Value: 82900.00
  • Tax Location: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2019
Sold by
Belmontes Aguilar Vicente and Alfaro Margarita C
Bought by
Santoyo Isaac Vargas and Aguilar Llovana Lemus
Total Days on Market
11
Current Estimated Value
$269,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,501
Outstanding Balance
$144,613
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$121,817

Purchase Details

Listed on
Dec 29, 2016
Closed on
Feb 8, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Aguilar Vicente Belmontes
Seller's Agent
Crystal Rogers
Elite Properties, Inc.
Buyer's Agent
Paulo Marreiros
PORT USA Realty
List Price
$24,900
Sold Price
$24,000
Premium/Discount to List
-$900
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.50%

Purchase Details

Closed on
Oct 31, 2016
Sold by
Jenkins Lynne T
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 6, 2016
Sold by
Winters Christopher Joseph
Bought by
Jenkins Lynne Triplett

Purchase Details

Closed on
Aug 1, 1988
Bought by
Setzer Lee Alton and Setzer Lynne T
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 Buyer Sale Price Title Company
Santoyo Isaac Vargas $165,500 None Available
Aguilar Vicente Belmontes -- None Available
Federal Home Loan Mortgage Corporation $27,876 Attorney
Jenkins Lynne Triplett -- None Available
Setzer Lee Alton $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santoyo Isaac Vargas $162,501
Previous Owner Jenkins Lynne T $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2017 02/13/17 Sold $24,000 -3.6% $15 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
12/29/2016 12/29/16 For Sale $24,900 -- $15 / 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
2024 $2,111 $248,800 $9,800 $239,000
2023 $2,111 $248,800 $9,800 $239,000
2022 $1,406 $126,100 $9,800 $116,300
2021 $1,406 $126,100 $9,800 $116,300
2020 $1,406 $126,100 $9,800 $116,300
2019 $667 $59,800 $0 $0
2018 $924 $82,900 $9,600 $73,300
2017 $924 $0 $0 $0
2016 $924 $0 $0 $0
2015 $897 $82,860 $9,600 $73,260
2014 $897 $88,800 $9,700 $79,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR9591550

Canopy MLS (Canopy Realtor® Association)

APN: 3740050857720000