NOT LISTED FOR SALE

1629 S Madison St Whiteville, NC 28472

-- Bed
-- Bath
2,320 Sq Ft
0.8 Acres

Last Sold June 28, 2021

Last sale price $280,000 $121 Per Sq Ft

6 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Heat Pump System
  • No HOA
  • Central Air

About This Home

As of June 2021

2320 sq. foot building previously used as a bank with 3 drive thru lanes. The building was renovated in 2013. This property has 5 offices, 3 restrooms a kitchenette and open teller area. The lobby has 18' ceilings with 8' office ceilings. Everything is all electric with a security alarm in place. Zoned B-3, Highway Business District-the building can easily be transformed to general offices or a medical facility. Well kept property that is move in ready. This property is being sold under tax value.

Last Agent to Sell the Property

Trent Burroughs

Burroughs & Company, LLC License #216733 Listed on: 04/13/2021

Last Buyer's Agent

Kelly Feeney

Spot Real Estate, LLC License #317488

Property Details

Property Type

  • Other

Year Built

  • Built in 1991

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 297x204x141x141
  • Corner Lot
  • Property is zoned B-3

Home Design

  • 2,320 Sq Ft Home
  • Wood Frame Construction
  • Shingle Roof

Flooring

  • Carpet
  • Tile

Parking

  • Lighted Parking
  • Driveway
  • Paved Parking
  • On-Site Parking
  • Deeded Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 96024

Property Details

Property Type

Other

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: G
  • Sub Type: Deeded Parking
  • Sub Type2: Food Service, Medical, Office, Retail
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • List Price per Sq Ft: 150.43
  • Sq Ft Heated: 2320.00

Exterior Features

  • Road Type Frontage: 2 - 3 Lanes, Maintained, Paved, Public (City/Cty/St)
  • Roof: Shingle

Garage/Parking

  • Parking Driveway: Lighted, On Site, Paved
  • Garage: No
  • Number Of Parking Spaces: 20

Utilities

  • Cooling System: Central
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Book: 1246
  • Deed Page: 755.00
  • Lot Acres: 0.80
  • Lot Description: Corner Lot
  • Lot Dimensions: 297x204x141x141
  • Lot Sq Ft: 34848.00
  • Plat Book: 1
  • Plat Page: 30
  • Zoning: B-3

Tax Info

  • Tax Identifier: 96024
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 2916.00
  • Total Real Estate Property Taxes: 7232.00

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
May 21, 2021
Sold by
Hinton Sidney
Bought by
Jaja Properties Llc
Seller's Agent
Trent Burroughs
Burroughs & Company, LLC
Buyer's Agent
Kelly Feeney
Spot Real Estate, LLC
List Price
$349,000
Sold Price
$280,000
Premium/Discount to List
-$69,000
-19.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$320,312
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 20, 2020
Closed on
Jan 21, 2021
Sold by
Riegelwood Federal Credit Union
Bought by
Hinton Sidney
Seller's Agent
Trent Burroughs
Burroughs & Company, LLC
Buyer's Agent
Trent Burroughs
Burroughs & Company, LLC
List Price
$349,000
Sold Price
$250,000
Premium/Discount to List
-$99,000
-28.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.15%

Purchase Details

Closed on
Mar 11, 2013
Sold by
Hill Dewey L
Bought by
Riedgelwood Federal Credit Union
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
Jaja Properties Llc $280,000 None Available
Hinton Sidney $250,000 None Available
Riedgelwood Federal Credit Union $315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaja Properties Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $280,000 -19.8% $121 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $349,000 +39.6% $150 / Sq Ft
01/21/2021 01/21/21 Sold $250,000 -28.4% $108 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
07/20/2020 07/20/20 For Sale $349,000 -- $150 / Sq Ft
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 $8,264 $588,600 $217,000 $371,600
2023 $4,856 $588,600 $217,000 $371,600
2022 $4,641 $562,600 $217,000 $345,600
2021 $4,703 $540,900 $217,000 $323,900
2020 $4,315 $523,000 $217,000 $306,000
2019 $4,315 $523,000 $217,000 $306,000
2018 $4,315 $523,000 $217,000 $306,000
2017 $4,315 $523,000 $217,000 $306,000
2016 $4,315 $523,000 $217,000 $306,000
2015 $4,315 $523,000 $217,000 $306,000
2014 $4,315 $523,000 $217,000 $306,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100266106

Hive MLS

APN: 0096024