NOT LISTED FOR SALE

1940 N Lomax Rd Traphill, NC 28685

Estimated Value: $203,000 - $334,000

2 Beds
1 Bath
1,500 Sq Ft
$195/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $275,000 $183 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,667/month

54 Days on Market

Highlights

  • Barn
  • Living Room with Fireplace
  • No HOA
  • Horses Allowed On Property
  • Wood Flooring
  • Second Washer

About This Home

As of June 2022

This beautiful brick ranch features 2 large bedrooms, 1 bathroom, and almost 1400 sqft of living space. The large unfinished basement, complete with garage and access from the interior, has much potential. New hardwood flooring throughout, new vanity in the bathroom, new windows, exterior doors, garage door, gas logs, tankless water heater and recently replaced roof. On the exterior this property features a new carport, 3 stable horse barn, new well as well as an older well that still produces running water. A ring door bell and security system has been recently added. This home sits back from the road, giving privacy and a sprawling front yard. A fenced in area in the back of the home provides just enough space for anything you need. Passed that is a large fenced in pasture area, complete with the 3 stable horse barn, that has running water and electricity; perfect for any type of live stock. The majority of the 9.8 acres of this property is cleared, which has endless potential.

Last Agent to Sell the Property

Robert Poole

Keller Williams Realty Elite License #329026 Listed on: 04/04/2022

Keller Williams Realty Elite

Last Buyer's Agent

Paul Clendenning

Coldwell Banker Realty License #327552

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $985

Year Built

  • Built in 1975

Lot Details

  • 9.8 Acre Lot
  • Fenced
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,365 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Laundry in Basement
  • Pull Down Stairs to Attic
  • Home Security System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Second Washer
  • Laundry Chute
  • Second Dryer Hookup
  • Second Washer Hookup
  • Washer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1900060
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$985

Year Built

Built in 1975

Lot Details

9.8 Acres

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 9.8
  • Subdivision Name: None
  • Directions: Take Greenhorn Rd turn right onto White plains Rd then left on N Lomax. Home will be on the right.
  • Above Grade Finished Sq Ft: 1365
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1975
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Tankless Water Heater
  • Flooring: Wood
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 1365
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Horses Allowed
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Barn(s)
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: 2nd Dryer Connection, 2nd Washer Connection, Laundry Chute, In Basement, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Propane
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Gas, Tankless

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1900060
  • Zoning: R1
  • TRIADMLS_AcresRange: 9 - 10

Tax Info

  • Tax Annual Amount: 985
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Jun 22, 2022
Sold by
Susan Shumate Gail
Bought by
Cline James Brian and Cline Monica Nicole
Seller's Agent
Robert Poole
Keller Williams Realty Elite
Buyer's Agent
Paul Clendenning
Coldwell Banker Realty
List Price
$310,000
Sold Price
$275,000
Premium/Discount to List
-$35,000
-11.29%
Current Estimated Value
$291,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,751
Avg. Annual Appreciation
1.63%
Original Mortgage
$260,200
Outstanding Balance
$246,588
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$45,163

Purchase Details

Closed on
Oct 23, 2020
Sold by
Shumate Steven M
Bought by
Shumate Gail S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,236
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2004
Bought by
Bauguess Sarah
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cline James Brian $275,000 Emily Barr Andrews Attorney At
Shumate Gail S -- Brady & Kosofsky Pa
Bauguess Sarah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cline James Brian $260,200
Previous Owner Shumate Gail S $124,236
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2022 06/22/22 Sold $275,000 -8.0% $229 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
05/02/2022 05/02/22 Price Changed $299,000 -3.5% $249 / Sq Ft
04/04/2022 04/04/22 For Sale $310,000 +132.6% $258 / Sq Ft
03/08/2016 03/08/16 Sold $133,300 -4.7% $125 / Sq Ft View Prior Sale
06/14/2015 06/14/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $139,900 -- $131 / Sq Ft
Source: Triad MLS

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 $2,032 $292,250 $143,130 $149,120
2024 $2,032 $139,160 $47,020 $92,140
2023 $1,001 $137,010 $47,020 $89,990
2022 $985 $137,010 $47,020 $89,990
2021 $985 $137,010 $47,020 $89,990
2020 $1,000 $137,010 $47,020 $89,990
2019 $100,018 $137,010 $47,020 $89,990
2018 $907 $122,510 $0 $0
2017 $907 $122,510 $0 $0
2016 $907 $122,510 $0 $0
2015 $931 $122,510 $0 $0
2014 $931 $122,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1064347

Triad MLS

APN: 1900060

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