$41,000
SOLD JAN 24, 2025

221 N Davis Ave Newton, NC 28658

2 Beds
1 Bath
1,100 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

57% Below List Price

49 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • Wood Siding

About This Home

As of January 2025

Investors special This home is ready and waiting to be brought back to its glory. 2 bedroom 1 bath, living room, large kitchen with dining room and laundry. Deck on back of home, nice yard.

Last Agent to Sell the Property

Donna Thornburg

Thornburg & Associates, Inc. Brokerage Email: dthornburg@thornburgrealty.net License #47793 Listed on: 10/28/2024

Co-Listed By

Gene Cline

Pro Real Estate Group LLC Brokerage Email: dthornburg@thornburgrealty.net License #187341

Last Buyer's Agent

Carlyn Legg

Keller Williams Ballantyne Area License #123765

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,188

Year Built

  • Built in 1918

Lot Details

  • Property is zoned R-7A

Parking

  • Shared Driveway

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 3740131474710000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,188

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1918
  • Special Assessment Description: None
  • Proposed Special Assessment Desc: None
  • Road Surface Type: Dirt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 37.27
  • Geocode Confidence: High
  • Attribution Contact: dthornburg@thornburgrealty.net
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Entry Level: 1
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1100
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Above Grade Finished Sq Ft: 1100
  • Has Basement: Other
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1100
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl, Wood, N/A

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Shared Driveway

Utilities

  • Heating: Other - See Remarks
  • Sewer: Public Sewer
  • Laundry Features: Porch
  • Cooling: Other - See Remarks
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Parcel Number: 3740131474710000
  • Zoning: R-7A
  • Plat Book Slide: 1/349
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-7A

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Jan 23, 2025
Sold by
Investcar Llc
Bought by
Real Elation Llc
Seller's Agent
Donna Thornburg
Thornburg & Associates, Inc.
Buyer's Agent
Carlyn Legg
Keller Williams Ballantyne Area
List Price
$95,000
Sold Price
$41,000
Premium/Discount to List
-$54,000
-56.84%
Views
73
Current Estimated Value
$195,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,867
Avg. Annual Appreciation
1941.59%
Original Mortgage
$108,000
Outstanding Balance
$107,808
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$88,966

Purchase Details

Listed on
Oct 28, 2024
Closed on
Jan 22, 2025
Sold by
Johnson Mary H and Johnson Mary Hefner
Bought by
Ame Investments Llc
Seller's Agent
Donna Thornburg
Thornburg & Associates, Inc.
Buyer's Agent
Carlyn Legg
Keller Williams Ballantyne Area
List Price
$95,000
Sold Price
$41,000
Premium/Discount to List
-$54,000
-56.84%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$107,808
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$88,966

Purchase Details

Closed on
Jul 1, 1998
Bought by
Thomas Betty M
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 Type Sale Price Title Company
Special Warranty Deed $58,000 None Listed On Document
Warranty Deed $60,000 None Listed On Document
Warranty Deed $41,000 None Listed On Document
Deed $34,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,000 New Conventional
Previous Owner $25,494 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $41,000 -41.4% $37 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
12/09/2024 12/09/24 Price Changed $70,000 -26.3% $64 / Sq Ft
10/28/2024 10/28/24 For Sale $95,000 -- $86 / 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 $1,188 $140,000 $4,100 $135,900
2023 $1,188 $140,000 $4,100 $135,900
2022 $581 $52,100 $4,100 $48,000
2021 $581 $52,100 $4,100 $48,000
2020 $581 $52,100 $4,100 $48,000
2019 $581 $52,100 $0 $0
2018 $576 $51,700 $4,200 $47,500
2017 $576 $0 $0 $0
2016 $576 $0 $0 $0
2015 $477 $51,720 $4,200 $47,520
2014 $477 $47,200 $4,800 $42,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4195356

Canopy MLS (Canopy Realtor® Association)

APN: 3740131474710000