NOT LISTED FOR SALE

150 Old Oak Ln Elkin, NC 28621

Estimated Value: $240,000 - $303,000

2 Beds
1 Bath
1,200 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $280,000 $233 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,566/month

3 Days on Market

Highlights

  • Attic
  • Porch
  • Attached Carport
  • No HOA
  • Pasture
  • Outdoor Storage

About This Home

As of May 2024

OFFER DEADLINE: SELLERS HAVE ASKED FOR ALL OFFERS TO BE SUBMITTED BY 3:00 PM ON 3/25/2024.
Looking for that country setting not surrounded by neighbors, then come check out this brick ranch that is nestled on 16.9 acres of pristine acreage. It offers the perfect escape from the hustle and bustle of everyday life. With a bit of vision and your personal touch, this property has loads of potential to create your own retreat or make the perfect mini farm. You'll be able to raise some chickens for fresh eggs, create you own vegetable and/or flower garden with all this space.

Last Agent to Sell the Property

Lisa Jobe

New Beginning Group License #262941 Listed on: 03/22/2024

Last Buyer's Agent

Rhonda Clune

eXp Realty License #310614

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1950

Lot Details

  • 16.9 Acre Lot
  • Property is zoned RA

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,116 Sq Ft Home
  • 1,000-1,200 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Porch

Farming

  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 497400574666
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$967

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 16.9
  • Subdivision Name: None
  • Directions: Elkin - 77 North to US 21 Bypass to Poplar Springs (TR) to Bessies Chapel Church Rd. (TR) to Dobbins Mill Rd. (TL) to Old Oak Road (TR)
  • Above Grade Finished Sq Ft: 1116
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Range Hood, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1116
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Lot Features: Land Locked - Easement, Pasture
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 497400574666
  • Zoning: RA
  • TRIADMLS_AcresRange: 15 - 18

Tax Info

  • Tax Annual Amount: 966.72
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.648

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 17, 2024
Sold by
Southard Mary Ruth and Mccann Hannah Whitaker
Bought by
Earnhardt Bobby D and Earnhardt Kimberly
Seller's Agent
Lisa Jobe
New Beginning Group
Buyer's Agent
Rhonda Clune
eXp Realty
List Price
$260,000
Sold Price
$280,000
Premium/Discount to List
$20,000
7.69%
Views
39
Current Estimated Value
$277,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,213
Avg. Annual Appreciation
-0.50%
Original Mortgage
$285,858
Outstanding Balance
$281,762
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$3,975

Purchase Details

Closed on
Jan 1, 1995

Purchase Details

Closed on
Mar 1, 1980
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Earnhardt Bobby D $280,000 None Listed On Document
Earnhardt Bobby D $280,000 None Listed On Document
-- $7,500 --
-- $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Earnhardt Bobby D $285,858
Closed Earnhardt Bobby D $285,858
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $280,000 +7.7% $280 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $260,000 -- $260 / 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
2025 $1,376 $220,780 $87,610 $133,170
2024 $967 $192,210 $73,010 $119,200
2023 $781 $141,470 $58,140 $83,330
2022 $951 $141,470 $58,140 $83,330
2021 $967 $141,470 $58,140 $83,330
2020 $942 $131,480 $52,320 $79,160
2019 $939 $131,480 $0 $0
2018 $923 $131,480 $0 $0
2017 $936 $131,480 $0 $0
2016 $936 $131,480 $0 $0
2013 -- $132,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1136922

Triad MLS

APN: 4974-00-57-4666