NOT LISTED FOR SALE

155 Rabbit Run China Grove, NC 28023

Estimated Value: $257,949 - $310,000

2 Beds
1 Bath
1,111 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $44,000 $40 Per Sq Ft

Est. 533% increase in value since last sale

Current estimated payment $1,633/month

4 Days on Market

Highlights

  • 0.57 Acre Lot
  • Central Air
  • Storm Doors
  • Covered Patio or Porch
  • Floor Furnace

About This Home

As of March 2016

Cute home with front porch & rear deck on over a half acre of land in a great location. Needs some work to clean it and some roofing repairs but already well below tax value & owners say make an offer they're ready to sell!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,996

Year Built

  • Built in 1950

Lot Details

  • 0.57 Acre Lot
  • Possible uses of the property include Gardening

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,111 Sq Ft Home
  • Crawl Space
  • Storm Doors
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • China Grove Elementary And Middle School
  • South Rowan High School

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Oil
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 030A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,996

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Inclusions: Building
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Exhaust Hood, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Living Area: 1111

Exterior Features

  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Covered

Garage/Parking

  • Garage Yn: No

Utilities

  • Heating: Floor Furnace, Oil
  • Sewer: Septic Installed, Other - See Remarks
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: China Grove

Lot Info

  • Lot Features: Lake On Property
  • Lot Size Units: Acres
  • Parcel Number: 030A
  • Lot Size Acres: 0.57
  • Lot Size Sq Ft: 24829
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: China Grove
  • High School: South Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
Mar 31, 2016
Sold by
Butts Randal A and Butts Beverly P
Bought by
Arias Gustavo Rodrigo Pacheco and Argueta Mariana Castor
List Price
$49,900
Sold Price
$44,000
Premium/Discount to List
-$5,900
-11.82%
Current Estimated Value
$278,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,737
Avg. Annual Appreciation
21.25%
Original Mortgage
$41,800
Outstanding Balance
$17,750
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$260,987

Purchase Details

Closed on
Oct 20, 2015
Sold by
Butts Helen D and Butts Beverly P
Bought by
Butts Helen D and Butts Randal A

Purchase Details

Closed on
Dec 13, 2013
Sold by
Butts George A and Butts Helen D
Bought by
Butts Randal A and Butts Beverly P
Source: Public Records

Range of Values:

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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
Arias Gustavo Rodrigo Pacheco $44,000 None Available
Butts Helen D -- None Available
Butts Randal A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Gustavo Rodrigo Pacheco $41,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2016 06/29/16 Off Market $44,000 -- --
03/31/2016 03/31/16 Sold $44,000 -11.8% $40 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $49,900 -- $45 / 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
2025 $1,996 $184,860 $26,000 $158,860
2024 $1,672 $154,848 $26,000 $128,848
2023 $1,280 $118,556 $26,000 $92,556
2022 $882 $72,449 $22,000 $50,449
2021 $868 $72,449 $22,000 $50,449
2020 $868 $72,449 $22,000 $50,449
2019 $868 $72,449 $22,000 $50,449
2018 $782 $63,855 $22,000 $41,855
2017 $782 $63,855 $22,000 $41,855
2016 $782 $63,855 $22,000 $41,855
2015 $793 $63,855 $22,000 $41,855
2014 $794 $65,646 $22,000 $43,646
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R58484

Canopy MLS (Canopy Realtor® Association)

APN: 118-A030A