NOT LISTED FOR SALE

20538 Running Creek Church Rd Locust, NC 28097

Estimated Value: $188,000 - $224,000

3 Beds
2 Baths
1,216 Sq Ft
$169/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $190,000 $156 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,141/month

104 Days on Market

Highlights

  • Laundry Room
  • Locust Elementary School Rated A-
  • Central Heating

About This Home

As of September 2022

*Buyer financing fell through. Home appraised for 200k for both FHA and conventional. All inspections completed and satisfy FHA conditions.* This fully renovated one-owner home sits on a treasured 1.74 acre lot, cleared and flat, with no restrictions! Updates include a completely new kitchen including appliances, stylish waterproof luxury vinyl flooring throughout, new carpeting in all three bedrooms, bathroom sinks and toilets, freshly painted entire home, new outdoor decks, brick underpinning, and the foundation has been inspected and approved with an engineers' letter to accommodate any lender. In a desirable rural area, yet just a short drive to downtown Locust, it sits in between similar Manufactured Homes that sold for 215k and 197k (the market is even stronger now, and this one has higher end features with a larger lot).

Last Agent to Sell the Property

Clayton Smith

Costello Real Estate and Investments LLC License #321106 Listed on: 06/10/2022

Costello Real Estate and Investments LLC

Last Buyer's Agent

Jesus Alvarez

Coldwell Banker Realty License #266380

Coldwell Banker Realty

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $288

Year Built

  • Built in 2007

Lot Details

  • 1.74

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating
  • Shared Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5586-02-95-4946

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$288

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Ratio Current Price By Acre: 109195.40
  • Road Surface Type: Gravel
  • Structure Type: Manufactured Singlewide
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 156.25
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar, Crawl Space
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1216
  • 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: 0
  • Appliances: Dishwasher, Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1216

Exterior Features

  • New Construction: No
  • Tax Location: Stanly
  • Construction Type: Manufactured
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Shared Well

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 1.74
  • Lot Size Units: Acres
  • Parcel Number: 5586-02-95-4946
  • Zoning Description: RA
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.91591

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Sep 11, 2022
Sold by
Black Pearl Rei Llc
Bought by
Fernandez Luis
Seller's Agent
Clayton Smith
Costello Real Estate and Investments LLC
Buyer's Agent
Jesus Alvarez
Coldwell Banker Realty
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Views
55
Current Estimated Value
$205,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,040
Avg. Annual Appreciation
2.64%
Original Mortgage
$186,558
Outstanding Balance
$178,389
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$26,651

Purchase Details

Closed on
Oct 27, 2021
Sold by
Winning Broadcasting Llc
Bought by
Bennett James W and Bennett Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2021
Sold by
Winning Broadcasting Llc
Bought by
Starnes Lester C and Starnes June M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2021
Sold by
Winning Broadcasting Llc
Bought by
Winning Broadcasting Llc and Black Pearl Rei Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2007
Sold by
Hatley Gertrude B
Bought by
Bennett James Wesley
Source: Public Records

Range of Values:

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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
Fernandez Luis $190,000 None Listed On Document
Bennett James W -- Merritt Law Pllc
Starnes Lester C $215,000 None Available
Winning Broadcasting Llc -- Merritt Law Pllc
Bennett James Wesley -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Luis $186,558
Previous Owner Starnes Lester C $115,000
Previous Owner Bennett James Wesley $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $190,000 -5.0% $156 / Sq Ft
06/10/2022 06/10/22 For Sale $199,900 0.0% $164 / Sq Ft
05/29/2022 05/29/22 Price Changed $199,900 -- $164 / 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
2024 $288 $39,989 $29,025 $10,964
2023 $385 $39,989 $29,025 $10,964
2022 $385 $39,989 $29,025 $10,964
2021 $589 $68,555 $56,565 $11,990
2020 $618 $68,463 $49,175 $19,288
2019 $619 $68,463 $49,175 $19,288
2018 $2,357 $68,463 $49,175 $19,288
2017 $534 $68,463 $49,175 $19,288
2016 $526 $69,176 $45,230 $23,946
2015 $339 $69,176 $45,230 $23,946
2014 $448 $69,176 $45,230 $23,946
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3866520

Canopy MLS (Canopy Realtor® Association)

APN: 5586-02-95-4946