NOT LISTED FOR SALE

1464 Badin Lake Dr New London, NC 28127

Estimated Value: $162,000

7.9 Acres
$20,506 Price per Acre
344,124 Sq Ft Lot

Last Sold June 18, 2020

Last sale price $48,500

Est. 234% increase in value since last sale

Current estimated payment $901/month

229 Days on Market

About This Lot

As of June 2020

This home is located at 1464 Badin Lake Dr, New London, NC 28127 since 30 September 2019 and is currently estimated at $162,000. 1464 Badin Lake Dr is a home located in Montgomery County with nearby schools including Page Street Elementary School and West Middle School.

Last Agent to Sell the Property

Greg Martin

MartinGroup Properties Inc License #175016 Listed on: 09/30/2019

Last Buyer's Agent

Greg Martin

MartinGroup Properties Inc License #175016 Listed on: 09/30/2019

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $25 Monthly HOA Fees

Community Details

  • Woodland Estates Association

Listing and Financial Details

  • Assessor Parcel Number 668200385484

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.57059
  • Ratio Close Price By Original Li: 0.48500
  • Ratio Current Price By Acre: 6139.24
  • Restrictions: No Restrictions
  • Special Features: None

Condo/Co-op/Association

  • Association Fee: 25.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Woodland Estates
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 49x1361x519x1280
  • Parcel Number: 668200385484
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 19200.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Jun 10, 2020
Sold by
Thinnes Kathy Ann
Bought by
Pellas Al Quijano and Pellas Mauricio April
Seller's Agent
Greg Martin
MartinGroup Properties Inc
Buyer's Agent
Greg Martin
MartinGroup Properties Inc
List Price
$85,000
Sold Price
$48,500
Premium/Discount to List
-$36,500
-42.94%
Current Estimated Value
$162,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,500
Avg. Annual Appreciation
24.72%
Original Mortgage
$51,600
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 1, 2012
Sold by
Norman William Thomas and Norman Pamellia T
Bought by
Norman William Thomas and Norman Pamellia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Pellas Al Quijano $48,500 None Available
Norman William Thomas $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pellas Al Quijano $51,600
Previous Owner Norman William Thomas $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2020 06/18/20 Sold $48,500 -42.9% --
05/16/2020 05/16/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $85,000 +75.3% --
03/31/2020 03/31/20 Off Market $48,500 -- --
10/25/2019 10/25/19 Price Changed $85,000 -15.0% --
09/30/2019 09/30/19 For Sale $100,000 -- --
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
2025 $275 $44,703 $44,703 $0
2024 $275 $44,703 $44,703 $0
2023 $275 $44,703 $44,703 $0
2022 $275 $44,703 $44,703 $0
2021 $275 $44,703 $44,703 $0
2020 $100 $44,703 $44,703 $0
2018 $119 $19,200 $19,200 $0
2017 $119 $19,200 $19,200 $0
2016 $119 $19,200 $19,200 $0
2015 -- $19,200 $0 $0
2014 -- $19,197 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3552881

Canopy MLS (Canopy Realtor® Association)

APN: 6682-00-38-5484