16574 Five Point Rd Locust, NC 28097
Estimated Value: $420,000 - $630,000
3
Beds
2.5
Baths
1,886
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- Fireplace
- 2 Car Attached Garage
- Central Air
- Locust Elementary School Rated A-
- Four Sided Brick Exterior Elevation
About This Home
As of March 2024Great home located in the desirable rural area of Locust with approximately three acres of land. Basement is partially finished and has fireplace with gas logs. Primary bedroom with primary bathroom is located on main floor. Bonus room over garage has been finished. Outside, there is a 24x30 garage with concrete flooring and electricity.
There is also another outbuilding, 24x24 that is wired with a fenced in area.
Last Agent to Sell the Property
Shelton Real Estate Center LLC Brokerage Email: sharonfraley@hotmail.com License #191553 Listed on: 02/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,554
Year Built
- Built in 1997
Lot Details
- Property is zoned RA
Parking
- 2 Car Attached Garage
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1.5-Story Property
- Fireplace
- Partially Finished Basement
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
Utilities
- Central Air
- Heat Pump System
- Heating System Uses Propane
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 5597-02-69-0819
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2024
Closed on
Mar 25, 2024
Sold by
Thompson John Michael and Thompson Anita S
Bought by
Corey Adam C and Destefano Courtney
Seller's Agent
Sharon Fraley
Shelton Real Estate Center LLC
Buyer's Agent
Kirsten Childress
Thrive Realty Group LLC
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Views
100
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,270
Avg. Annual Appreciation
1.31%
Original Mortgage
$400,000
Outstanding Balance
$395,647
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$122,623
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Corey Adam C | $510,000 | Investors Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Corey Adam C | $400,000 | |
| Previous Owner | Thompson John Michael | $90,000 | |
| Previous Owner | Thompson John Michael | $70,000 | |
| Previous Owner | Thompson John Michael | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2024 03/25/24 | Sold | $510,000 | -2.9% | $270 / Sq Ft |
| 02/10/2024 02/10/24 | For Sale | $525,000 | -- | $278 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,554 | $215,851 | $36,500 | $179,351 |
| 2023 | $1,554 | $215,851 | $36,500 | $179,351 |
| 2022 | $1,674 | $215,851 | $36,500 | $179,351 |
| 2021 | $1,672 | $215,851 | $36,500 | $179,351 |
| 2020 | $1,599 | $193,041 | $32,500 | $160,541 |
| 2019 | $1,610 | $193,041 | $32,500 | $160,541 |
| 2018 | $259 | $193,041 | $32,500 | $160,541 |
| 2017 | $1,506 | $193,041 | $32,500 | $160,541 |
| 2016 | $1,401 | $184,311 | $29,500 | $154,811 |
| 2015 | $1,507 | $184,311 | $29,500 | $154,811 |
| 2014 | $1,406 | $184,311 | $29,500 | $154,811 |
Source: Public Records
Agents Affiliated with this Home
-
Sharon Fraley
Seller's Agent in 2024
Sharon Fraley
Shelton Real Estate Center LLC
(980) 581-0712
6 in this area
82 Total Sales
-
Kirsten Childress
Buyer's Agent in 2024
Kirsten Childress
Thrive Realty Group LLC
(704) 787-0711
2 in this area
28 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4105841
APN: 5597-02-69-0819
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