NOT LISTED FOR SALE

1820 Covington Rd King, NC 27021

Estimated Value: $343,000 - $450,969

8.57 Acres
$46,207 Price per Acre
373,309 Sq Ft Lot

Last Sold July 11, 2013

Last sale price $50,000

Est. 692% increase in value since last sale

Current estimated payment $2,276/month

937 Days on Market

Highlights

  • 8.57 Acre Lot
  • No HOA
  • Lot Has A Rolling Slope
  • Chestnut Grove Middle Rated 9+

About This Lot

As of July 2013

L-2234. Exceptional views of Hanging Rock from this property. Lots of road frontage. Home on property could be used for temporary housing while you build your dream house. NEGOTIABLE-make an offer!

Last Agent to Sell the Property

Ellen Peric

Carolina Farms & Homes Danbury License #196893 Listed on: 10/06/2010

Last Buyer's Agent

Tim Montgomery

Carolina Farms & Homes Danbury License #270246

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $515

Lot Details

  • 8.57 Acre Lot
  • Property fronts a county road
  • Lot Has A Rolling Slope

Additional Homes

  • Residence on Property

Schools

  • Chestnut Grove Middle School
  • West Stokes High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 2562 / 0077
  • Assessor Parcel Number 691500772562
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$515

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 8.57
  • Road Frontage Type: 2-Lane, County Road
  • Road Surface Type: Paved
  • Directions: From King take Mountainview, TL on Mountainview Church Rd., go to end. TL on Flat Shoals Rd., then next right on Covington. property on left.
  • Special Features: None

Exterior Features

  • Lot Features: Rolling Slope
  • Other Structures: Residence

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mount Olive
  • High School: West Stokes
  • Middle Or Junior School: Chestnut Grove

Lot Info

  • Parcel #: 691500772562
  • Zoning: SFR
  • TRIADMLS_PlatPage: 150
  • TRIADMLS_PlatBook: 9
  • TRIADMLS_AcresRange: 7 - 108

Tax Info

  • Tax Annual Amount: 515.36
  • Tax Block: 0077
  • Tax Lot: 2562
  • Tax Map Number: 6915
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2010
Closed on
Jul 11, 2013
Sold by
Bryan Peggy Mabe
Bought by
Allen Michael Eugene and Allen Amy Melissa
Seller's Agent
Ellen Peric
Carolina Farms & Homes Danbury
Buyer's Agent
Tim Montgomery
Carolina Farms & Homes Danbury
List Price
$99,000
Sold Price
$50,000
Premium/Discount to List
-$49,000
-49.49%
Current Estimated Value
$395,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,990
Avg. Annual Appreciation
18.04%
Original Mortgage
$37,500
Interest Rate
3.79%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Allen Michael Eugene $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Allen Michael Eugene $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2013 07/11/13 Sold $50,000 -49.5% --
05/01/2013 05/01/13 Pending -- -- --
10/06/2010 10/06/10 For Sale $99,000 -- --
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 $2,412 $337,400 $80,800 $256,600
2024 $2,412 $230,400 $54,700 $175,700
2023 $1,866 $230,400 $54,700 $175,700
2022 $1,705 $230,400 $54,700 $175,700
2021 $1,705 $230,400 $54,700 $175,700
2020 $1,521 $205,500 $49,400 $156,100
2019 $1,521 $205,500 $49,400 $156,100
2018 $1,172 $158,400 $45,900 $112,500
2017 $1,164 $158,400 $45,900 $112,500
2016 $1,104 $150,200 $45,900 $104,300
2015 $545 $74,700 $46,000 $28,700
2014 $687 $73,100 $46,000 $27,100
Source: Public Records

Agents Affiliated with this Home

  • Ellen Peric

    Seller's Agent in 2013

    Ellen Peric

    Carolina Farms & Homes Danbury

    (336) 456-5256

    7 in this area

    54 Total Sales

    Ellen Peric
    Section Image

  • T

    Buyer's Agent in 2013

    Tim Montgomery

    Carolina Farms & Homes Danbury

    (336) 413-0759

    3 in this area

    31 Total Sales

    Tim Montgomery
    Section Image
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Map

Source: Triad MLS

MLS Number: 594069

Triad MLS

APN: 691500772562

North Carolina Stokes County King 27021

1820 Covington Rd, King, NC

Not Listed for Sale

Lots

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