NOT LISTED FOR SALE

2050 Mountain Rd Cleveland, NC 27013

Estimated Value: $364,000 - $410,000

3 Beds
2.5 Baths
2,503 Sq Ft
$154/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $365,000 $146 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,389/month

98 Days on Market

Highlights

  • In Ground Pool
  • Great Room with Fireplace
  • No HOA
  • Contemporary Architecture
  • Vaulted Ceiling
  • Built-In Features

About This Home

As of September 2024

This is a great opportunity to own a quiet home in the country sitting on 3 acres. This home has a second kitchen in the basement. This home also features an inground pool. The property includes a 40 x 60 building with 3 phase power. Seller is motived!

Last Agent to Sell the Property

Teresa Allison

Call It Closed International Realty License #344913 Listed on: 05/20/2024

Co-Listed By

Glen Stanley

Total Real Estate, LLC License #186387

Last Buyer's Agent

Olivia Ritch

Southern Key Realty License #342199

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 1974

Lot Details

  • 3 Acre Lot
  • Property is zoned RA

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,503 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Vaulted Ceiling
  • Great Room with Fireplace
  • 2 Fireplaces
  • Partially Finished Basement
  • Fireplace in Basement
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • West Rowan Middle School
  • West Rowan High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • More Than Two Accessible Exits
  • In Ground Pool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7504 / 23
  • Assessor Parcel Number 255015
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,046

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 3
  • Co List Office Mls Id: WTREL01
  • Co List Office Phone: 336-751-1224
  • Subdivision Name: None
  • Directions: I-85 south to Exit 74. Right on Jake Alexander Blvd. Left on Statesville Blvd/Hwy 70. Bear right onto Old US 70. Right on Mountain Rd. House will be on the left.
  • Above Grade Finished Sq Ft: 1422
  • Architectural Style: Contemporary
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1974
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Great Room, Built-in Features, Dead Bolt(s), Vaulted Ceiling(s)
  • Accessibility Features: 2 or more Access Exits
  • Has Basement: Partially Finished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Great Room
  • Fireplaces: 2
  • Living Area: 2503
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Pool Features: In Ground
  • Construction Type: Brick, Wood Siding
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: West
  • High School: West Rowan
  • Middle Or Junior School: West Rowan

Lot Info

  • Parcel #: 255015
  • Zoning: RA
  • TRIADMLS_PlatPage: N/A
  • TRIADMLS_PlatBook: N/A

Tax Info

  • Tax Annual Amount: 2046.33
  • Tax Block: 23
  • Tax Lot: 7504
  • Tax Map Number: 5713-00
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.6736

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Sep 23, 2024
Sold by
Myers Patricia K
Bought by
Rakes James Michael and Rakes April K
Seller's Agent
Teresa Allison
Call It Closed International Realty
Buyer's Agent
Olivia Ritch
Southern Key Realty
List Price
$550,000
Sold Price
$365,000
Premium/Discount to List
-$185,000
-33.64%
Views
97
Current Estimated Value
$385,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,685
Avg. Annual Appreciation
4.23%
Original Mortgage
$140,000
Outstanding Balance
$136,466
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$249,219

Purchase Details

Closed on
Oct 7, 2022
Sold by
Kepley Elane Nicole
Bought by
Myers Patricia K

Purchase Details

Closed on
Jun 25, 2020
Sold by
Myers Patricia K
Bought by
Myers Patricia K and Kepley Elane Nicole

Purchase Details

Closed on
Oct 12, 2000
Bought by
Myers Warren E and Myers Wf
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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Purchase History

Date Buyer Sale Price Title Company
Rakes James Michael $365,000 None Listed On Document
Rakes James Michael $365,000 None Listed On Document
Myers Patricia K -- --
Myers Patricia K -- None Listed On Document
Myers Patricia K -- None Available
Myers Warren E $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rakes James Michael $140,000
Closed Rakes James Michael $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2024 09/25/24 Sold $365,000 -18.9% $146 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
07/13/2024 07/13/24 Price Changed $450,000 -9.8% $180 / Sq Ft
06/13/2024 06/13/24 Price Changed $499,000 -9.3% $199 / Sq Ft
05/20/2024 05/20/24 For Sale $550,000 -- $220 / 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 -- $288,463 $51,340 $237,123
2024 -- $303,790 $51,340 $252,450
2023 $2,046 $303,790 $51,340 $252,450
2022 $1,509 $200,845 $44,100 $156,745
2021 $0 $200,845 $44,100 $156,745
2020 $1,509 $200,845 $44,100 $156,745
2019 $1,509 $200,845 $44,100 $156,745
2018 $1,379 $185,120 $44,100 $141,020
2017 $1,379 $185,120 $44,100 $141,020
2016 $1,379 $185,120 $44,100 $141,020
2015 $1,400 $185,120 $44,100 $141,020
2014 $1,359 $188,475 $44,100 $144,375
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Teresa Allison

    Call It Closed International Realty

    (704) 232-2563

    9 Total Sales

    Teresa Allison
    Section Image
  • Glen Stanley

    Seller Co-Listing Agent in 2024

    Glen Stanley

    Total Real Estate, LLC

    (336) 909-2400

    228 Total Sales

    Glen Stanley
    Section Image

  • O

    Buyer's Agent in 2024

    Olivia Ritch

    Southern Key Realty

    (336) 707-8320

    6 Total Sales

    Olivia Ritch
    Section Image
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Map

Source: Triad MLS

MLS Number: 1143157

Triad MLS

APN: 255-015

North Carolina Rowan County Cleveland 27013

2050 Mountain Rd, Cleveland, NC

Not Listed for Sale

Detached

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