NOT LISTED FOR SALE

225 Main St Cooleemee, NC 27014

Estimated Value: $86,000 - $147,000

2 Beds
1 Bath
1,500 Sq Ft
$73/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $50,000 $33 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $661/month

15 Days on Market

Highlights

  • Attic
  • Cottage
  • Porch
  • No HOA

About This Home

As of November 2020

This 1337 Sq Ft home will make a great investment property for this price! 2 large bedrooms, spacious living room. Updates include new porch decking boards, newer heat pump. A little paint and flooring could make this one shine! Come see! Owner is a Licensed Real Estate Agent.

Last Listed By

Ellen Grubb

Hillsdale Real Estate Group License #166765 Listed on: 10/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $635

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Cleared Lot
  • Property is zoned RS

Parking

  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,337 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Free-Standing Range
  • Dryer Hookup
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • South Davie Middle School
  • Davie County High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Erwin Mills Subdivision

Listing and Financial Details

  • Assessor Parcel Number N5010A0009
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$635

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: see plat
  • Subdivision Name: Erwin Mills
  • Directions: I-40 W to Exit 170 to Hwy 601. Follow Hwy 601S to Cooleemee
  • Above Grade Finished Sq Ft: 1337
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1920
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Has Basement: Cellar
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1337
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot, Cleared
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cooleemee
  • High School: Davie County
  • Middle Or Junior School: South Davie

Lot Info

  • Parcel #: N5010A0009
  • Zoning: RS
  • TRIADMLS_PricePerAcre: 237619.0476
  • TRIADMLS_PlatPage: 11
  • TRIADMLS_DeedPage: 37-39
  • TRIADMLS_DeedBook: 1136
  • TRIADMLS_PlatBook: 03
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 635.05
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.198

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Nov 10, 2020
Sold by
Shepherd Kristopher Joel and Shepherd Susan Michele
Bought by
Tuwamo Sito
Seller's Agent
Ellen Grubb
Hillsdale Real Estate Group
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$50,000
Total Days on Market
15
Current Estimated Value
$108,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,828
Avg. Annual Appreciation
18.96%

Purchase Details

Closed on
Apr 8, 2020
Sold by
Gildein James and Gildein Maureen
Bought by
Shepherd Kristopher Joel and Shepherd Susan Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,400
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2002

Purchase Details

Closed on
Aug 1, 2002

Purchase Details

Closed on
Nov 1, 1984

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
Tuwamo Sito $50,000 None Available
Shepherd Kristopher Joel $46,000 None Available
-- $52,000 --
-- $33,000 --
-- $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shepherd Kristopher Joel $36,400
Previous Owner Gildein James $40,872
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $50,000 -- $42 / 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
2024 $697 $54,260 $10,000 $44,260
2023 $797 $54,260 $10,000 $44,260
2022 $797 $54,260 $10,000 $44,260
2021 $797 $54,260 $10,000 $44,260
2020 $785 $53,010 $10,000 $43,010
2019 $785 $53,010 $10,000 $43,010
2018 $785 $53,010 $10,000 $43,010
2017 $780 $53,010 $0 $0
2016 $803 $54,970 $0 $0
2015 $803 $54,970 $0 $0
2014 $744 $54,970 $0 $0
2013 -- $54,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Triad MLS

MLS Number: 997761

Triad MLS

APN: N5-010-A0-009