NOT LISTED FOR SALE

1424 Arden Dr Lincolnton, NC 28092

Estimated Value: $397,293 - $670,000

3 Beds
3 Baths
3,632 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $300,000 $83 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,773/month

157 Days on Market

Highlights

  • Community Cabanas
  • Ranch Style House
  • Covered patio or porch
  • North Lincoln Middle School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of March 2023

Opportunity back on market, due to no fault of seller or home. Expansive brick ranch in desirable North Lincoln School District. Nestled in a quiet and established neighborhood with NO HOA! The opportunities are endless with a spacious basement that includes a full-size kitchen, separate entrance, and separate heat & A/C units. Could be used as an in-law suite, game room, or rent it out to help pay the mortgage. This house is priced right to accommodate updates along the way. Also, a great investment opportunity, fitting the 70% model for fix/update and flip OR buy and hold for TWO rental incomes. Large 2-car garage plus plenty of driveway parking. Includes community pool for neighborhood access(optional $275 yearly fee) If you need space, THIS house has it, with over 3,600 sq. ft. to make your own! Priced to sell. Needs updates. Original septic system is showing some signs of deterioration. Septic quote is in attachments. Seller is offering to pay for a 1yr. Home Warranty up to $600.

Last Agent to Sell the Property

Chris Piper

NorthGroup Real Estate LLC License #325474 Listed on: 09/09/2022

NorthGroup Real Estate LLC

Last Buyer's Agent

Chris Myatt

Allen Tate Lake Norman License #298261

Allen Tate Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,881

Year Built

  • Built in 1972

Lot Details

  • 0.75 Acre Lot
  • Level Lot
  • Property is zoned R-SF

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Entrance Foyer
  • Family Room with Fireplace
  • Intercom
  • Laundry Room
  • Finished Basement

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Covered patio or porch
  • Shed

Schools

  • Pumpkin Center Elementary School
  • North Lincoln Middle School
  • North Lincoln High School

Utilities

  • Central Air
  • Pellet Stove burns compressed wood to generate heat
  • Heat Pump System
  • Radiant Heating System
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 25954

Community Details

Overview

  • No Home Owners Association
  • Arden Oaks Subdivision

Recreation

  • Community Cabanas
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,881

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1972
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 82.60
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Entrance Foyer, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2028
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Electric Oven, Gas Water Heater
  • Above Grade Finished Sq Ft: 2028
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1604
  • Fireplace Features: Family Room, Pellet Stove
  • Living Area: 3632
  • Bedroom Main: 3
  • Room Count: 19
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 528
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Heat Pump, Radiant, Wood Stove
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Security: Intercom
  • Cooling: Central Air
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: North Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.752
  • Lot Size Units: Acres
  • Parcel Number: 25954
  • Zoning: R-SF
  • Lot Size Acres: 0.752
  • Lot Size Sq Ft: 32757
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-SF

MLS Schools

  • Elementary School: Pumpkin Center
  • High School: North Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Arden Family Trust
Bought by
Rizer Thomas and Rizer Sarah
Total Days on Market
157
Current Estimated Value
$477,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2022
Sold by
San Richard Betty
Bought by
Meyers Marshall
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
Rizer Thomas $300,000 --
Meyers Marshall $733,000 Kennedy & Wulfhorst Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rizer Thomas $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $300,000 -9.6% $83 / Sq Ft
01/27/2023 01/27/23 Price Changed $332,000 -2.1% $91 / Sq Ft
01/20/2023 01/20/23 Price Changed $339,000 -3.1% $93 / Sq Ft
09/09/2022 09/09/22 For Sale $350,000 -- $96 / 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 $2,881 $442,490 $38,000 $404,490
2023 $2,876 $442,490 $38,000 $404,490
2022 $2,031 $257,484 $30,000 $227,484
2021 $2,031 $257,484 $30,000 $227,484
2020 $1,864 $257,484 $30,000 $227,484
2019 $1,813 $257,484 $30,000 $227,484
2018 $1,680 $220,568 $28,000 $192,568
2017 $1,568 $220,568 $28,000 $192,568
2016 $1,568 $220,568 $28,000 $192,568
2015 $1,623 $220,568 $28,000 $192,568
2014 $1,830 $253,103 $31,000 $222,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3901826

Canopy MLS (Canopy Realtor® Association)

APN: 25954