NOT LISTED FOR SALE

218 Palmer St NW Lenoir, NC 28645

Estimated Value: $93,000 - $216,373

3 Beds
1 Bath
2,066 Sq Ft
$74/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $72,500 $35 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $878/month

131 Days on Market

Highlights

  • City View
  • More Than Two Accessible Exits
  • Attached Carport
  • Covered Patio or Porch
  • 1-Story Property
  • Four Sided Brick Exterior Elevation

About This Home

As of August 2023

This home is ready to update with plenty of space to make it your own with the interior stripped and prepped for remodel. With a close proximity to downtown Lenoir this location is close to restaurants, shops, schools, and parks. The floorpan is prepped for a 3 bedroom, 1 bath, dining room, great room, and kitchen on the main. The basement has an open layout with no walls currently with 1 potential bathroom.

Last Agent to Sell the Property

Christos Teis

COMPASS License #306825 Listed on: 03/03/2023

COMPASS

Co-Listed By

Katharine Mcfalls

COMPASS License #262780

Last Buyer's Agent

Itzel Ruiz

Century 21 American Homes License #336123

Century 21 American Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $595

Year Built

  • Built in 1954

Lot Details

  • 1.01

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • City Views
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Attached Carport
  • Driveway

Additional Features

  • More Than Two Accessible Exits
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 09-32-3-24

Home Details

Home Type

Single Family

Est. Annual Taxes

$595

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1954
  • Road Surface Type: Concrete, Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Geocode Confidence: Medium
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Other - See Remarks
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 0
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1377
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 1370
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 2747
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: None
  • Accessibility Features: Two or More Access Exits
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bedroom Main: 3
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • View: City, Long Range
  • Construction Type: Brick Full, Concrete Block
  • Patio And Porch Features: Covered

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: None
  • Water Source: City, None

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 1.015
  • Lot Size Units: Acres
  • Parcel Number: 09-32-3-24
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Aug 10, 2023
Sold by
Sorensen Matthew Eric
Bought by
Garcia Jose Luis and Briones Luis Javier
Seller's Agent
Christos Teis
COMPASS
Buyer's Agent
Itzel Ruiz
Century 21 American Homes
List Price
$125,000
Sold Price
$72,500
Premium/Discount to List
-$52,500
-42%
Views
1078
Current Estimated Value
$153,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,593
Avg. Annual Appreciation
42.99%

Purchase Details

Listed on
Jan 27, 2023
Closed on
Feb 21, 2023
Sold by
Vasudevannair Unnikrishnan and Vasudevannair Ambika
Bought by
Sorensen Matthew Eric
Seller's Agent
Benoy Peters
Carolinas Realty
Buyer's Agent
Christos Teis
COMPASS
List Price
$59,000
Sold Price
$65,000
Premium/Discount to List
$6,000
10.17%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.15%

Purchase Details

Listed on
Dec 31, 2018
Closed on
May 13, 2019
Sold by
Wilmington Svgs Fund Soc
Bought by
Vasudevanair Unnikrishna
Seller's Agent
Jason Dale
Hott Property LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$69,900
Sold Price
$31,500
Premium/Discount to List
-$38,400
-54.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.50%

Purchase Details

Closed on
Jul 5, 2018
Sold by
Trustee Svcs Of Carolina
Bought by
Wilmington Svgs Fund Soc

Purchase Details

Closed on
Nov 23, 2004
Bought by
Walker William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.67%
Mortgage Type
New Conventional
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
Garcia Jose Luis -- None Listed On Document
Sorensen Matthew Eric $65,000 --
Vasudevanair Unnikrishna $32,000 --
Wilmington Svgs Fund Soc $84,000 --
Walker William R $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walker Bill $84,000
Previous Owner Walker William $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $72,500 -19.4% $35 / Sq Ft
05/23/2023 05/23/23 Price Changed $90,000 -10.0% $44 / Sq Ft
04/14/2023 04/14/23 Price Changed $100,000 -13.0% $48 / Sq Ft
03/14/2023 03/14/23 Price Changed $115,000 -8.0% $56 / Sq Ft
03/03/2023 03/03/23 For Sale $125,000 +92.3% $61 / Sq Ft
02/21/2023 02/21/23 Sold $65,000 +10.2% $47 / Sq Ft
01/27/2023 01/27/23 For Sale $59,000 +87.3% $43 / Sq Ft
06/04/2019 06/04/19 Sold $31,500 -21.1% $23 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
03/14/2019 03/14/19 Price Changed $39,900 -20.0% $29 / Sq Ft
01/14/2019 01/14/19 Price Changed $49,900 -28.6% $36 / Sq Ft
12/31/2018 12/31/18 For Sale $69,900 -- $51 / 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 $595 $98,400 $20,900 $77,500
2024 $595 $91,700 $20,700 $71,000
2023 $595 $91,700 $20,700 $71,000
2022 $1,114 $91,700 $20,700 $71,000
2021 $1,114 $91,700 $20,700 $71,000
2020 $501 $76,700 $20,700 $56,000
2019 $501 $76,700 $20,700 $56,000
2018 $952 $76,700 $0 $0
2017 $952 $76,700 $0 $0
2016 $507 $76,700 $0 $0
2015 $924 $76,700 $0 $0
2014 $924 $76,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4007463

Canopy MLS (Canopy Realtor® Association)

APN: 09-32-3-24