M
Seller's Agent in 2022
Michael Corbett
Real Broker, LLC
221 10th St Cramerton, NC 28032
Estimated Value: $156,000 - $197,000
2
Beds
1
Bath
966
Sq Ft
$180/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Laundry Room
- New Hope Elementary School Rated 10
- Covered Patio or Porch
- Bungalow
About This Home
As of May 2022Location, location, location. This home needs some love but can be brought back to life with some sweat equity. Seller is only accepting Cash and Conventional loans due to the condition of the home. As the home sits it won't pass FHA or a VA appraisal. Seller had a new roof put on the home in 2020, bathroom was updated including new plumbing, flooring, vanity and tub. Home doesn't have any AC, tenets have be using a window unit. The tenet is month to month and has been for a few years per the seller. All appliances are owned by current tenet and will not convey with the sale of this home "fridge, stove, washer and dryer" Tenet needs at least 30 days to find suitable living arrangements after property has closed per the seller. Tenet is sellers daughter in-law. There is a fuel tank on the property that is leased by Blossom in Belmont. Front porch has some rotten wood please be careful when entering the home.
Last Agent to Sell the Property
Michael Corbett
Real Broker, LLC Brokerage Email: corbettmike12@gmail.com License #304632 Listed on: 04/14/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,367
Year Built
- Built in 1900
Lot Details
- 7,405 Sq Ft Lot
- Property is zoned R1
Parking
- 1 Open Parking Space
Home Design
- Bungalow
Interior Spaces
- 966 Sq Ft Home
- 1-Story Property
- Crawl Space
- Laundry Room
Flooring
- Wood
- Linoleum
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Covered Patio or Porch
Utilities
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 195306
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2022
Closed on
May 12, 2022
Sold by
June Cash Norman and June Janette
Bought by
Armstrong Jimmy and Armstrong Mykelti
Seller's Agent
Michael Corbett
Real Broker, LLC
Buyer's Agent
Donna Collier
Carolina Homes Connection, LLC
List Price
$125,000
Sold Price
$135,000
Premium/Discount to List
$10,000
8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,649
Avg. Annual Appreciation
7.53%
Original Mortgage
$128,250
Outstanding Balance
$121,178
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$52,471
Purchase Details
Closed on
Oct 7, 1996
Bought by
Cash Norman June
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Armstrong Jimmy | $135,000 | Taylor Law Pllc | |
| Cash Norman June | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Armstrong Jimmy | $128,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/12/2022 05/12/22 | Sold | $135,000 | +8.0% | $140 / Sq Ft |
| 04/15/2022 04/15/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $125,000 | -- | $129 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,367 | $136,130 | $24,000 | $112,130 |
| 2024 | $1,373 | $132,800 | $24,000 | $108,800 |
| 2023 | $1,401 | $132,800 | $24,000 | $108,800 |
| 2022 | $755 | $58,740 | $18,000 | $40,740 |
| 2021 | $767 | $58,740 | $18,000 | $40,740 |
| 2019 | $772 | $58,740 | $18,000 | $40,740 |
| 2018 | $930 | $69,175 | $18,000 | $51,175 |
| 2017 | $930 | $69,175 | $18,000 | $51,175 |
| 2016 | $930 | $69,175 | $0 | $0 |
| 2014 | $887 | $65,920 | $22,500 | $43,420 |
Source: Public Records
Agents Affiliated with this Home
-
-
Donna Collier
Buyer's Agent in 2022
Donna Collier
Carolina Homes Connection, LLC
(704) 689-6096
4 in this area
176 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3848815
APN: 195306
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