NOT LISTED FOR SALE

1615 Ridgewood Rd Franklinville, NC 27248

Estimated Value: $127,000 - $292,422

4 Beds
2 Baths
1,415 Sq Ft
$172/Sq Ft Est. Value

Last Sold November 12, 2013

Last sale price $52,000 $37 Per Sq Ft

Est. 367% increase in value since last sale

Current estimated payment $1,380/month

205 Days on Market

About This Home

As of November 2013

FHA 381-847779(IN)HUD Owned,Sold AS IS. See HUDHomestore website for online bidding, PCR, environmental issues--if any. All information believed accurate but is to be verified by buyer. FHA borrowers may qualify for $100 down paymentFHA 203k renovation loan for qualified property and owner-occupant. HUD properties are offered for sale to qualified purchasers without regard to the prospective purchaser's race,color,religion,sex, disability,familial status,national origin. Combo Lockbox front door.

Last Agent to Sell the Property

Tara Tillman

WESTCHESTER REALTY License #219504 Listed on: 03/08/2013

Last Buyer's Agent

Kathy Gregson

Pointe South Realty License #270643

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $789

Year Built

  • Built in 2003

Lot Details

  • 3.42 Acre Lot
  • Property is zoned RRCU

Parking

  • No Garage

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,415 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Chesnut Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8703092027
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$789

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.42
  • Subdivision Name: Chesnut Oaks
  • Directions: From US 220S Take the NC-62 N exit toward Climax. Turn Left. Turn right onto NC-22 N.Turn left onto Hardin Ellison Rd. Turn Right on Ridgewood.
  • Above Grade Finished Sq Ft: 1415
  • Unit Levels: One
  • Year Built: 2003
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1415
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1415
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 8703092027
  • Zoning: RRCU
  • TRIADMLS_DeedPage: 1259
  • TRIADMLS_DeedBook: 1864

Tax Info

  • Tax Annual Amount: 789.38
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
Oct 29, 2013
Sold by
Secretary Of Hud
Bought by
Walker Lois J and Walker Gilbert L
Seller's Agent
Tara Tillman
WESTCHESTER REALTY
Buyer's Agent
Kathy Gregson
Pointe South Realty
List Price
$87,000
Sold Price
$52,000
Premium/Discount to List
-$35,000
-40.23%
Current Estimated Value
$242,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,856
Avg. Annual Appreciation
14.31%

Purchase Details

Closed on
Oct 16, 2012
Sold by
Forrester Craig W and Billings Tracy Leigh
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Apr 12, 2004
Sold by
Oakwood Mobile Homes Inc
Bought by
Forrester Craig W and Billings Tracy Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,975
Interest Rate
5.55%
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
Walker Lois J -- None Available
The Secretary Of Hud $64,800 None Available
Forrester Craig W $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forrester Craig W $109,406
Previous Owner Forrester Craig W $109,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2013 11/12/13 Sold $52,000 -40.2% $37 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $87,000 -- $61 / 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
2024 $1,087 $169,810 $47,730 $122,080
2023 $1,087 $169,810 $47,730 $122,080
2022 $1,031 $133,410 $45,650 $87,760
2021 $1,031 $133,410 $45,650 $87,760
2020 $1,004 $133,410 $45,650 $87,760
2019 $1,004 $133,410 $45,650 $87,760
2018 $863 $111,760 $32,010 $79,750
2016 $863 $111,763 $32,010 $79,753
2015 $844 $111,763 $32,010 $79,753
2014 -- $111,763 $32,010 $79,753
Source: Public Records

Agents Affiliated with this Home

  • Tara Tillman

    Seller's Agent in 2013

    Tara Tillman

    WESTCHESTER REALTY

    (336) 451-1768

    35 Total Sales

    Tara Tillman
    Section Image
  • Kathy Gregson

    Buyer's Agent in 2013

    Kathy Gregson

    Pointe South Realty

    (336) 953-3934

    16 Total Sales

    Kathy Gregson
    Section Image
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Map

Source: Triad MLS

MLS Number: 666671

Triad MLS

APN: 8703-09-2027

North Carolina Randolph County Franklinville 27248

1615 Ridgewood Rd, Franklinville, NC

This home is located at 1615 Ridgewood Rd, Franklinville, NC 27248 since 08 March 2013 and is currently estimated at $242,856, approximately $171 per square foot. This property was built in 2003. 1615 Ridgewood Rd is a home located in Randolph County with nearby schools including Franklinville Elementary School, Northeastern Randolph Middle School, and Providence Grove High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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