NOT LISTED FOR SALE

16158 Substation Rd Locust, NC 28097

Estimated Value: $559,000 - $647,700

3 Beds
2.5 Baths
2,380 Sq Ft
$250/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $325,000 $137 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,445/month

4 Days on Market

Highlights

  • Barn
  • In Ground Pool
  • Private Lot
  • Locust Elementary School Rated A-
  • Fruit Trees
  • Transitional Architecture

About This Home

As of April 2020

Welcome Home!! A beautiful, 2 story brick home located just minutes away from the Town of Locust! Enjoy the privacy and tranquility of country living! The home features 3 bedrooms, 2 1/2 baths, large eat-in kitchen, laundry room, master bedroom and bath on main living level, large bonus room, 2 car garage, in-ground pool, workshop, and several outbuildings! The property is fenced for small livestock. Seller is offering a 1-year home warranty! This home is very well kept and is the perfect place to call HOME!!

Last Agent to Sell the Property

Toni Benton

Lantern Realty & Development, LLC License #310611 Listed on: 03/19/2020

Lantern Realty & Development, LLC

Last Buyer's Agent

Cindy McCoy

McCoy Real Estate Inc License #167736

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • Home fronts a stream
  • Private Lot
  • Level Lot
  • Fruit Trees
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Engineered Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Separate Outdoor Workshop
  • Shed

Farming

  • Barn
  • Pasture
  • Fenced For Cattle

Additional Features

  • Hay Storage
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5597-03-20-0814

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.94203
  • Ratio Close Price By Original Li: 0.94203
  • Ratio Current Price By Acre: 44459.64
  • Ratio Current Price By Sq Ft: 136.55
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1059
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Refrigerator
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1321
  • Total Sq Ft: 2380

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Fenced Pasture, Hay Shed, Pool-In-Ground, Shed(s), Workshop

Garage/Parking

  • Driveway: Gravel
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 899X327 Per Tax Records
  • Lot Features: Fruit Trees, Level, Pasture, Private, Stream/Creek, Trees
  • Lot Size Area: 7.310
  • Parcel Number: 5597-03-20-0814
  • Zoning Specification: RES

Tax Info

  • Tax Value: 274334.00
  • Tax Location: Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Apr 27, 2020
Sold by
Ward Rexel A and Ward Donna C
Bought by
Weller James A and Musika Deborah S
Seller's Agent
Toni Benton
Lantern Realty & Development, LLC
Buyer's Agent
Cindy McCoy
McCoy Real Estate Inc
List Price
$345,000
Sold Price
$325,000
Premium/Discount to List
-$20,000
-5.8%
Current Estimated Value
$594,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,925
Avg. Annual Appreciation
12.01%
Original Mortgage
$308,750
Outstanding Balance
$274,193
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$320,732

Purchase Details

Closed on
Aug 17, 2015
Sold by
Lowder Eric A and Lowder Brenda H
Bought by
Ward Rexel and Ward Donna
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
Weller James A $325,000 None Available
Ward Rexel $278,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weller James A $308,750
Previous Owner Lowder Eric Arnold $200,000
Previous Owner Lowder Eric Arnold $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $325,000 -5.8% $137 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $345,000 -- $145 / 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
2024 $2,443 $339,244 $66,342 $272,902
2023 $2,540 $339,244 $66,342 $272,902
2022 $2,540 $339,244 $66,342 $272,902
2021 $2,377 $316,896 $66,342 $250,554
2020 $2,208 $274,334 $59,110 $215,224
2019 $2,225 $274,334 $59,110 $215,224
2018 $2,140 $274,334 $59,110 $215,224
2017 $2,140 $274,334 $59,110 $215,224
2016 $1,767 $232,441 $53,955 $178,486
2015 $1,871 $234,463 $53,955 $180,508
2014 $1,715 $234,463 $53,955 $180,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3603416

Canopy MLS (Canopy Realtor® Association)

APN: 5597-03-20-0814