Seller's Agent in 2023
Janet Cox
RE/MAX
(704) 477-3596
102 Total Sales
151 Drum St Lincolnton, NC 28092
Estimated Value: $166,000 - $210,095
2
Beds
1
Bath
1,252
Sq Ft
$149/Sq Ft
Est. Value
Highlights
- Wood Burning Stove
- No HOA
- Front Porch
- Wood Flooring
- Cottage
- Patio
About This Home
As of April 2023$5,000 in concessions to buyer with a full price offer. You can buy appliances, cover your closing cost or use it to buy down your interest rate. This home is eligible for no money down financing with A USDA Loan. There are so few homes to choose from at this price point, even fewer homes in good condition with so much to offer! This is a beautiful sprawling lot in the city limits, just off Main Street. You are so convenient to everything Lincolnton/Boger City has to offer and have great access to commuter routes. There are mature magnolia & pecan trees, a perfect garden space, a dead-end street, and no through traffic! The home is 1250 sq ft, with a very large Living room & kitchen, so plenty of room to spread out! You can customize this home and really make it your own.
Home Details
Home Type
- Single Family
Year Built
- Built in 1949
Lot Details
- 0.63 Acre Lot
- Lot Dimensions are 200x150x199x130
- Property is zoned R-8
Home Design
- Cottage
- Brick Exterior Construction
- Asbestos Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,252 Sq Ft Home
- 1-Story Property
- Wood Burning Stove
- Living Room with Fireplace
- Crawl Space
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Electric Dryer Hookup
Parking
- 1 Detached Carport Space
- 3 Open Parking Spaces
Outdoor Features
- Patio
- Shed
- Front Porch
Schools
- G.E. Massey Elementary School
- Lincolnton Middle School
- Lincolnton High School
Utilities
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 59863
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2022
Closed on
Apr 14, 2023
Sold by
Heavner Norman P and Heavner Kari D
Bought by
Ratto Alex C and Ratto Carlos A
Seller's Agent
Janet Cox
RE/MAX Lifestyle
Buyer's Agent
Greg Holland
Moss Realty
List Price
$195,000
Sold Price
$170,000
Premium/Discount to List
-$25,000
-12.82%
Views
400
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,479
Avg. Annual Appreciation
3.58%
Original Mortgage
$172,000
Outstanding Balance
$166,072
Interest Rate
5.4%
Mortgage Type
New Conventional
Estimated Equity
$20,952
Purchase Details
Closed on
Jul 3, 2001
Bought by
Heavner Norman P and Heavner Kari D
Purchase Details
Closed on
May 14, 2001
Bought by
Wells Fargo Home Mortgage Inc
Purchase Details
Closed on
Aug 1, 1995
Bought by
Melton Paul W and Smarr Janoia T
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ratto Alex C | $170,000 | None Listed On Document | |
| Heavner Norman P | $32,000 | -- | |
| Wells Fargo Home Mortgage Inc | $34,200 | -- | |
| Melton Paul W | $48,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ratto Alex C | $172,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $170,000 | 0.0% | $136 / Sq Ft |
| 02/19/2023 02/19/23 | Price Changed | $170,000 | -2.9% | $136 / Sq Ft |
| 01/26/2023 01/26/23 | Price Changed | $175,000 | -10.3% | $140 / Sq Ft |
| 11/10/2022 11/10/22 | For Sale | $195,000 | -- | $156 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,201 | $106,237 | $22,000 | $84,237 |
| 2024 | $1,181 | $106,237 | $22,000 | $84,237 |
| 2023 | $1,176 | $106,237 | $22,000 | $84,237 |
| 2022 | $832 | $60,807 | $17,000 | $43,807 |
| 2021 | $832 | $60,807 | $17,000 | $43,807 |
| 2020 | $705 | $60,807 | $17,000 | $43,807 |
| 2019 | $705 | $60,807 | $17,000 | $43,807 |
| 2018 | $738 | $54,397 | $17,500 | $36,897 |
| 2017 | $637 | $54,397 | $17,500 | $36,897 |
| 2016 | $637 | $54,397 | $17,500 | $36,897 |
| 2015 | $710 | $54,397 | $17,500 | $36,897 |
| 2014 | $881 | $68,913 | $18,500 | $50,413 |
Source: Public Records
Agents Affiliated with this Home
-
Janet Cox
-
Greg Holland
Buyer's Agent in 2023
Greg Holland
Moss Realty
(704) 616-4880
143 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3922379
APN: 59863
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