NOT LISTED FOR SALE

179 Farmbrook Rd Mount Airy, NC 27030

Estimated Value: $220,000 - $944,751

3 Beds
2 Baths
1,400 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $89,000 $64 Per Sq Ft

Est. 381% increase in value since last sale

Current estimated payment $2,343/month

231 Days on Market

Highlights

  • Partially Wooded Lot
  • No HOA
  • Wood Siding
  • Mount Airy Middle School Rated 9+
  • Log Cabin
  • Carpet

About This Home

As of December 2018

Property is subject to Freddiemac First Look Initiative through March 14”. Has a new heat pump. Basement is wet. Main level has Kitchen, Living room, 2 bedrooms and bath. Upstairs has 1 bedroom and 1 bath. Also a bonus room. County unable to locate septic permit so bedroom count based on tax ticket. Septic inspection available. All information is believed to be correct but cannot be guaranteed. Recent contract failed due to appraisal stating repairs needed.

Last Agent to Sell the Property

Keith Gunter

Rogers Realty & Auction Co., Inc. License #174663 Listed on: 02/26/2018

Last Buyer's Agent

Renae Shaffer

Rogers Realty & Auction Co., Inc. License #253019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $925

Year Built

  • Built in 1979

Lot Details

  • 1 Acre Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned R20

Home Design

  • Log Cabin
  • Wood Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dryer Hookup
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Driveway

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Fairfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 593909162078
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$925

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Lot Size: 1 lot
  • Subdivision Name: Fairfield
  • Directions: From 52 & 601, go south on 52. Turn right on Bridgeport Rd., left on Farmbrook. 2nd house on left.
  • Above Grade Finished Sq Ft: 1300
  • Architectural Style: Log
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1979
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Unfinished, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1300
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Lot Features: Partially Cleared, Partially Wooded
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 593909162078
  • Zoning: R20
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 925
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.737

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
Dec 4, 2018
Sold by
Fhlm
Bought by
Blackburn Jeffrey D
Seller's Agent
Keith Gunter
Rogers Realty & Auction Co., Inc.
Buyer's Agent
Renae Shaffer
Rogers Realty & Auction Co., Inc.
List Price
$129,900
Sold Price
$89,000
Premium/Discount to List
-$40,900
-31.49%
Current Estimated Value
$427,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,938
Avg. Annual Appreciation
25.07%
Original Mortgage
$80,100
Outstanding Balance
$70,432
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$357,506

Purchase Details

Closed on
Aug 30, 2017
Sold by
Allegacy Federal Credit Union
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 17, 2017
Sold by
Killgo Shellie C
Bought by
Allegacy Federal Credit Union

Purchase Details

Closed on
Aug 22, 2011
Sold by
Killgo Octavia B
Bought by
Killgo Shellie C

Purchase Details

Closed on
Apr 1, 1984
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blackburn Jeffrey D -- --
Federal Home Loan Mortgage Corp -- None Available
Allegacy Federal Credit Union $491,205 None Available
Killgo Shellie C -- None Available
-- $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackburn Jeffrey D $80,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2018 12/19/18 Sold $89,000 -31.5% $81 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $129,900 -- $118 / 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
2025 $1,122 $156,470 $12,000 $144,470
2024 $986 $129,080 $12,000 $117,080
2023 $972 $129,080 $12,000 $117,080
2022 $972 $129,080 $12,000 $117,080
2021 $986 $129,080 $12,000 $117,080
2020 $1,003 $126,570 $12,000 $114,570
2019 $1,000 $126,570 $12,000 $114,570
2018 $998 $126,570 $0 $0
2017 $997 $126,570 $0 $0
2016 $984 $126,570 $0 $0
2013 -- $136,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 875965

Triad MLS

APN: 5939-09-16-2078