NOT LISTED FOR SALE

16574 Five Point Rd Locust, NC 28097

Locust Area

Estimated Value: $519,830

3 Beds
2.5 Baths
1,886 Sq Ft
$276/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2024

Last sale price $510,000 $270 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,158 / mo

14 Days on Market

Highlights

  • Fireplace
  • 2 Car Attached Garage
  • Four Sided Brick Exterior Elevation
  • Locust Elementary School Rated A-
  • Laundry in Utility Room
  • Central Air

About This Home

As of March 2024

Great 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

Sharon Fraley

Shelton Real Estate Center LLC Brokerage Email: sharonfraley@hotmail.com License #191553 Listed on: 02/10/2024

Last Buyer's Agent

Kirsten Childress

Thrive Realty Group LLC License #326018

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Details

Home Type

  • Single Family

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
  • Laundry in Utility Room
  • 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

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

3 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1997
  • Road Surface Type: Gravel, Paved
  • MLS Status: Closed
  • Standard Status: Closed
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 270.41
  • Geocode Confidence: High
  • Attribution Contact: sharonfraley@hotmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1188
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 920
  • Sq Ft Unheated Main: 600
  • Sq Ft Unheated Total: 1520
  • Sq Ft Upper: 698
  • Appliances: Dishwasher, Electric Range, Microwave
  • Above Grade Finished Sq Ft: 1886
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1886
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: Utility Room
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5597-02-69-0819
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$519,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,830
Avg. Annual Appreciation
0.76%
Original Mortgage
$400,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Locust, NC

  • Michelle Orr Real Estate Agent - United Real Estate-Queen City

    Michelle Orr

    United Real Estate-Queen City

    (980) 217-9038

    45 Total Sales

    1 in Locust

    $505,000 Price

    Michelle Orr
     Section Image
  • Meshia Pennix Real Estate Agent - Keller Williams Unlimited

    Meshia Pennix

    Keller Williams Unlimited

    (866) 779-2217

    26 Total Sales

    1 in Locust

    $392,040 Price

    Meshia Pennix
     Section Image
  • Joseph McMurry Real Estate Agent - EXP Realty LLC Ballantyne

    Joseph McMurry

    EXP Realty LLC Ballantyne

    (980) 351-1495

    159 Total Sales

    1 in Locust

    $295,000 Price

    Joseph McMurry
     Section Image
  • Wendell Rummage Real Estate Agent - Lantern Realty & Development, LLC

    Wendell Rummage

    Lantern Realty & Development, LLC

    (980) 268-2246

    106 Total Sales

    2 in Locust

    $428K - $586K Price Range

    Wendell Rummage
     Section Image
  • Rodney Green Real Estate Agent - Coldwell Banker- CK Select

    Rodney Green

    Coldwell Banker- CK Select

    (980) 255-5281

    97 Total Sales

    5 in Locust

    $330K - $452K Price Range

    Rodney Green
     Section Image
  • Nick Cabaniss Real Estate Agent - Carolina Realty & Investing Group LLC

    Nick Cabaniss

    Carolina Realty & Investing Group LLC

    (980) 580-8276

    163 Total Sales

    1 in Locust

    $450,497 Price

    Nick Cabaniss
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$510,000 Investors Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $402,566
Closed 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,413 $365,664 $57,000 $308,664
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 Real Estate Agent - Shelton Real Estate Center LLC

    Seller's Agent in 2024

    Sharon Fraley

    Shelton Real Estate Center LLC

    (980) 581-0712

    76 Total Sales

    Sharon Fraley
    Section Image
  • Kirsten Childress Real Estate Agent - Thrive Realty Group LLC

    Buyer's Agent in 2024

    Kirsten Childress

    Thrive Realty Group LLC

    (704) 787-0711

    36 Total Sales

    Kirsten Childress
    Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: 4105841

Canopy MLS

APN: 5597-02-69-0819

North Carolina Stanly County Locust 28097

16574 Five Point Rd, Locust, NC

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.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.