NOT LISTED FOR SALE

1882 Furnace Road Extension Lincolnton, NC 28092

Estimated Value: $555,000 - $722,214

4 Beds
3 Baths
2,409 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $70,000 $29 Per Sq Ft

Est. 802% increase in value since last sale

Current estimated payment $3,598/month

905 Days on Market

Highlights

  • New Construction
  • No HOA
  • 2 Car Attached Garage
  • North Lincoln Middle School Rated A-
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of March 2022

Nesbit Ferry house plan. Warm and cozy cottage with a welcoming front porch. The main floor is open, airy and anchored by the kitchen with its large gathering island. The master suite has a beamed ceiling option and is light filled by a triple window. The master bath features a soaking tub and large shower. There are two additional bedrooms and a bathroom on the main level. The upper level has a study area that is perfect for homework, hobbies or playing games. Also included is a 4th bedroom/flex room and full bath . The plan also features a stunning covered deck great for entertaining. There is an optional 3rd Car Detached Garage. There is a list of optional upgrades available with this home Call for upgrades and pricing.

Last Agent to Sell the Property

Joy Cotto

Epique Inc. Brokerage Email: joy.cotto@exprealty.com License #117459 Listed on: 08/06/2019

Last Buyer's Agent

Tony Cloninger

Keller Williams Advantage License #114565

Keller Williams Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,544

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1.09 Acre Lot
  • Property is zoned RSF

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Stone Siding
  • Hardboard

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Pumpkin Center Elementary School
  • North Lincoln Middle School
  • North Lincoln High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Needed

Community Details

  • No Home Owners Association
  • Jonathans Walk Subdivision, Nesbit Ferry Floorplan

Listing and Financial Details

  • Assessor Parcel Number 92879

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,544

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2024
  • Road Surface Type: Concrete
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 29.06
  • Attribution Contact: joy.cotto@exprealty.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1912
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 497
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 2409
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2409
  • Bedroom Main: 3
  • Room Count: 10

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding, Stone
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 513
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Needed
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: County Water

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: North Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 1.089
  • Lot Size Units: Acres
  • Parcel Number: 92879
  • Plat Reference Section Pages: 16/414
  • Development Status: Proposed
  • Lot Size Acres: 1.089
  • Lot Size Sq Ft: 47436
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RSF

MLS Schools

  • Elementary School: Pumpkin Center
  • High School: North Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2022
Sold by
Lion Real Estate Group Llc
Bought by
Karkin Michael and Karkin Andrea
Current Estimated Value
$631,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$229,237
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$401,817

Purchase Details

Closed on
Oct 14, 2020
Sold by
The Lion Real Estate Group Llc
Bought by
Mohanan Para and The Lion Real Estate Group Llc

Purchase Details

Closed on
Jan 18, 2019
Sold by
Morrowinvestment Group Llc
Bought by
The Lion Real Estate Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
4.7%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Karkin Michael $70,000 --
Mohanan Para -- None Available
The Lion Real Estate Group Llc $740,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karkin Michael $240,000
Previous Owner The Lion Real Estate Group Llc $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $70,000 -85.8% $29 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
10/13/2021 10/13/21 Price Changed $493,745 0.0% $205 / Sq Ft
08/19/2021 08/19/21 Price Changed $493,845 0.0% $205 / Sq Ft
08/19/2021 08/19/21 For Sale $493,845 +9.3% $205 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/26/2021 04/26/21 Price Changed $451,675 +17.3% $187 / Sq Ft
07/30/2020 07/30/20 Price Changed $385,000 +5.3% $160 / Sq Ft
08/09/2019 08/09/19 Price Changed $365,500 -4.3% $152 / Sq Ft
08/06/2019 08/06/19 For Sale $382,000 -- $159 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,544 $554,400 $81,970 $472,430
2024 $436 $71,970 $71,970 $0
2023 $435 $71,970 $71,970 $0
2022 $170 $23,030 $23,030 $0
2021 $170 $23,030 $23,030 $0
2020 $166 $23,030 $23,030 $0
2019 $160 $23,030 $23,030 $0
2018 $153 $21,576 $21,576 $0
2017 $153 $21,576 $21,576 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3537605

Canopy MLS (Canopy Realtor® Association)

APN: 92879