NOT LISTED FOR SALE

16 Ruby Ln Corapeake, NC 27926

Estimated Value: $290,000 - $308,000

3 Beds
2 Baths
1,505 Sq Ft
$200/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $294,000 $195 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,736/month

14 Days on Market

Highlights

  • Horses Allowed On Property
  • Whirlpool Bathtub
  • No HOA
  • Wooded Lot
  • 1 Fireplace
  • Formal Dining Room

About This Home

As of August 2024

3 bd/ 2 ba home on 14.01 acres situated just south of the NC/ VA Border on Hwy 32 in Gates, NC. This property is a hunter's dream with plenty of game right out your backdoor! The seller has made paths in the back of the property to access for hunting, ATV access etc. Various fruit trees and bushes have been planted around the property such as apple trees, pear trees, blackberry and blueberry bushes. There are kennels separated by fencing, in addition to fencing and cedar trees along the sides of the property for added privacy. The property has the potential to be subdivided and another home built to the right of the existing home with proper permits from the county. As an added bonus, the seller is including a one year home warranty for the buyer. There is $240 Solid Waste Fee and $50 Fire Fee assessed annually and paid with tax bill for Gates County. Front portion of the property where the house is located is Flood Zone 'X', back portion is in Flood Zone 'AE'.

Last Agent to Sell the Property

Ashley James

Taylor Mueller Realty, Inc. License #285789 Listed on: 06/14/2024

Last Buyer's Agent

Christine Burgdorf

Creed Realty License #307105

Creed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,798

Year Built

  • Built in 2008

Lot Details

  • 14.01 Acre Lot
  • Lot Dimensions are 355.99x1265.72x667.70x1184.03
  • Property fronts a private road
  • Wire Fence
  • Open Lot
  • Wooded Lot
  • Property is zoned A-1

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,505 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 6 Parking Spaces
  • 1 Detached Carport Space
  • Dirt Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Additional Features

  • Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Ruby Taylor Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 10-02004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,798

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Modular
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2008
  • Horses Y N: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Formal
  • Fireplace: 1
  • Flooring: Carpet, LVT/LVP
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors, Walk-in Shower, Walk-In Closet, Whirlpool
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Room
  • List Price per Sq Ft: 198.67
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Sq Ft Heated: 1505.00
  • Total Heated Primary Separate Sq Ft: 1505.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: Other, Partial, Wire
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Maintained, Private
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Detached Carport Spaces: 1.00
  • Garage And Parking Driveway Spaces: 6.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Dirt

Utilities

  • Cooling System: Central, Heat Pump
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: See Remarks

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 458.00
  • Lot Acres: 14.01
  • Lot Description: Open, See Remarks, Wooded
  • Lot Dimensions: 355.99x1265.72x667.70x1184.03
  • Lot Number: 5
  • Lot Sq Ft: 610276.00
  • Plat Book: Cab 2
  • Plat Page: SL 130-1
  • Special Assessments: 290.00
  • Zoning: A-1

Tax Info

  • Tax Identifier: 10-02004
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 31, 2024
Sold by
Freeman Joseph R and Sua Chasity E
Bought by
Ballance Michael Andrew and Quinones Leah Marie
Seller's Agent
Ashley James
Taylor Mueller Realty, Inc.
Buyer's Agent
Christine Burgdorf
Creed Realty
List Price
$299,000
Sold Price
$294,000
Premium/Discount to List
-$5,000
-1.67%
Views
140
Current Estimated Value
$300,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,442
Avg. Annual Appreciation
3.19%
Original Mortgage
$288,674
Outstanding Balance
$285,667
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$19,045

Purchase Details

Listed on
Aug 1, 2018
Closed on
Mar 11, 2019
Sold by
Us Bank Na
Bought by
Freeman Joseph R
Seller's Agent
Kimberly Plourde
Exit Realty Central
Buyer's Agent
Selling Agent
Non Mls Member
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.27%
Original Mortgage
$123,405
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2018
Sold by
Arnold Joel S and Arnold Diana
Bought by
Rmac Trust Series 2016 Ctt

Purchase Details

Closed on
Mar 24, 2008
Sold by
Cliff Barnes Llc
Bought by
Arnold Joel Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,656
Interest Rate
6.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ballance Michael Andrew $294,000 None Listed On Document
Freeman Joseph R $129,000 Servicelink
Rmac Trust Series 2016 Ctt $113,526 None Available
Arnold Joel Shane $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballance Michael Andrew $288,674
Previous Owner Freeman Joseph R $123,405
Previous Owner Arnold Joel Shane $178,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $294,000 -1.7% $195 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $299,000 +130.2% $199 / Sq Ft
03/08/2019 03/08/19 Sold $129,900 0.0% $70 / Sq Ft
10/31/2018 10/31/18 Off Market $129,900 -- --
Source: Hive 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
2024 $1,798 $179,548 $51,518 $128,030
2023 $1,798 $179,548 $51,518 $128,030
2022 $1,798 $179,548 $51,518 $128,030
2021 $1,708 $179,548 $51,518 $128,030
2020 $1,708 $179,548 $51,518 $128,030
2019 $1,676 $17,549,700 $5,151,800 $12,397,900
2018 $1,384 $175,497 $51,518 $123,979
2017 $1,334 $175,497 $0 $0
2016 -- $193,108 $0 $0
2015 -- $193,108 $0 $0
2014 -- $193,108 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100450551

Hive MLS

APN: 10-02004