NOT LISTED FOR SALE

1557 Newfound Rd Leicester, NC 28748

Estimated Value: $221,000 - $316,000

2 Beds
1 Bath
1,048 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $73,000 $70 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $1,430/month

90 Days on Market

Highlights

  • Open Floorplan
  • Walk-In Closet
  • Storage Room
  • Farmhouse Style Home
  • Breakfast Bar
  • Tile Flooring

About This Home

As of May 2012

Approved Short Sale! Bank sales sell it! Farmhouse with a beautiful year-round view. Great starter home or rental! Convienantly 10 minutes from Leicester Highway,or 20 minutes from down town Waynesville.--

Last Agent to Sell the Property

Ashley St. Martin

Keller Williams Professionals License #207059 Listed on: 02/17/2012

Keller Williams Professionals

Last Buyer's Agent

Sean Carey

Carey Mills Realty License #266649

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $711

Year Built

  • Built in 1920

Lot Details

  • Home fronts a stream

Parking

  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Storage Room
  • Breakfast Bar

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • Heating System Uses Kerosene
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8688-28-3820-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$711

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Farmhouse
  • Ratio Close Price By List Price: 0.97987
  • Ratio Close Price By Original Li: 0.77249
  • Ratio Current Price By Acre: 110606.06
  • Ratio Current Price By Sq Ft: 69.66
  • Year Built: 1920
  • Special Features: 12
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows, g-Insulated Door(s)
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Carpet
  • Interior Amenities: Breakfast Bar, Built-Ins, Cable Available, Open Floorplan, Walk-In Closet(s), Storage Unit
  • Main Level Sq Ft: 1120
  • Total Sq Ft: 1048

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car, Detached Carport

Utilities

  • Heating: Kerosene, No A/C
  • Sewer: Septic Tank
  • Water: Filtration System, Well

Schools

  • Middle School: Clyde A Erwin
  • High School: Clyde A Erwin

Lot Info

  • Lot Features: Long Range View, Rolling, Stream/Creek, Year Round View
  • Lot Size Area: 0.660
  • Parcel Number: 8688-28-3820-00000
  • Plat Reference Section Pages: 4421
  • Zoning Specification: OU

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2012
Closed on
May 23, 2012
Sold by
Vaughn Jessica Marie and Vaughn Judy L
Bought by
Butler James
Seller's Agent
Ashley St. Martin
Keller Williams Professionals
Buyer's Agent
Sean Carey
Carey Mills Realty
List Price
$94,500
Sold Price
$73,000
Premium/Discount to List
-$21,500
-22.75%
Current Estimated Value
$258,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,429
Avg. Annual Appreciation
9.89%
Original Mortgage
$74,489
Outstanding Balance
$51,561
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$206,868

Purchase Details

Closed on
May 25, 2007
Sold by
Beckett Amber
Bought by
Vaughn Judy L M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 21, 2005
Sold by
Smart Davey Delane and Smart Shannon G
Bought by
Beckett Amber

Purchase Details

Closed on
Jul 26, 1999
Sold by
Mehaffey Roy Wayne and Mehaffey Monell S
Bought by
Smart Davey Delane
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
Butler James $73,000 None Available
Vaughn Judy L M $130,000 None Available
Beckett Amber $25,500 --
Smart Davey Delane $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler James $74,489
Previous Owner Vaughn Judy L M $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $73,000 -22.8% $70 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $94,500 -- $90 / 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 $711 $108,000 $18,900 $89,100
2024 $711 $108,000 $33,900 $74,100
2023 $711 $108,000 $33,900 $74,100
2022 $679 $108,000 $0 $0
2021 $679 $108,000 $0 $0
2020 $623 $93,100 $0 $0
2019 $623 $93,100 $0 $0
2018 $623 $93,100 $0 $0
2017 $632 $87,400 $0 $0
2016 $650 $87,400 $0 $0
2015 $650 $87,400 $0 $0
2014 $624 $87,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM513141

Canopy MLS (Canopy Realtor® Association)

APN: 8688-28-3820-00000