Seller's Agent in 2020
Robin Patterson
Roby Realty Inc
(704) 562-3457
3 in this area
25 Total Sales
225 Shue Rd China Grove, NC 28023
Estimated Value: $313,000 - $348,570
4
Beds
2
Baths
920
Sq Ft
$352/Sq Ft
Est. Value
About This Home
As of May 2020AN INVESTORS DREAM! Great location near the new infrastructure in China Grove! Perfect location to build new multi-family homes (condos or town homes!) City Water/Sewer available. There are 3 homes located on the one parcel noted. Homes have different exteriors such as wood, brick and vinyl siding. 2 of the 3 homes are presently being rented who would love to remain if possible. Tenants are on a month-month basis at $500/mth per tenant. (all 3 homes are located on one parcel (#117009 - total .81ac) Middle home is vacant. Great asset is both rental homes have newer HVAC systems! INVESTORS...Great opportunity for new construction! Feel free to inspect, but seller will NOT make any repairs; sold in as-is condition.
NOTE: (ADD'L 2.82 acres!!) is being sold with property located directly behind the 3 homes on the one parcel (additional acreage/tracts to be verified exactly by both agents/buyers and sellers prior to closing) *Only Tract 2 of parcel 117012 is sold w/acreage.
Last Agent to Sell the Property
Roby Realty Inc License #303254 Listed on: 12/20/2019
Home Details
Home Type
- Single Family
Year Built
- Built in 1930
Lot Details
- 3.63
Parking
- Gravel Driveway
Home Design
- Vinyl Siding
Flooring
- Wood
- Vinyl
Additional Features
- 2 Full Bathrooms
- Level Lot
Listing and Financial Details
- Assessor Parcel Number 117009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2019
Closed on
May 28, 2020
Sold by
Shue Rd China Grove Nc Properties Llc
Bought by
China Grove Apartments Llc
Seller's Agent
Robin Patterson
Roby Realty Inc
Buyer's Agent
Robin Patterson
Roby Realty Inc
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%
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
$128,893
Avg. Annual Appreciation
9.83%
Purchase Details
Closed on
Dec 31, 2014
Sold by
Reid Michael Weldon and Reid Kim Purcell
Bought by
Shue Rd China Grove Nc Properties Llc
Purchase Details
Closed on
Mar 23, 2011
Sold by
Upright Kenneth Perry and Upright Barbara S
Bought by
Reid Michael W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 2, 2009
Sold by
Reid Michael W and Reid Kim
Bought by
Jordan Todd
Purchase Details
Closed on
Sep 23, 2005
Sold by
Upright Kenneth Perry and Upright Barbara S
Bought by
Reid Michael W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| China Grove Apartments Llc | $195,000 | None Available | |
| Shue Rd China Grove Nc Properties Llc | $190,000 | None Available | |
| Reid Michael W | -- | None Available | |
| Jordan Todd | $25,000 | None Available | |
| Reid Michael W | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Reid Michael W | $1,012,500 | |
| Previous Owner | Reid Michael W | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2020 05/28/20 | Sold | $195,000 | -2.0% | $212 / Sq Ft |
| 05/05/2020 05/05/20 | Pending | -- | -- | -- |
| 03/12/2020 03/12/20 | For Sale | $199,000 | 0.0% | $216 / Sq Ft |
| 03/12/2020 03/12/20 | Price Changed | $199,000 | +10.6% | $216 / Sq Ft |
| 01/10/2020 01/10/20 | Pending | -- | -- | -- |
| 01/07/2020 01/07/20 | Price Changed | $180,000 | -9.5% | $196 / Sq Ft |
| 12/20/2019 12/20/19 | For Sale | $199,000 | -- | $216 / 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 | $3,741 | $346,362 | $55,000 | $291,362 |
| 2024 | $3,741 | $346,362 | $55,000 | $291,362 |
| 2023 | $3,741 | $346,362 | $55,000 | $291,362 |
| 2022 | $2,483 | $203,939 | $55,000 | $148,939 |
| 2021 | $2,442 | $203,939 | $55,000 | $148,939 |
| 2020 | $2,442 | $203,939 | $55,000 | $148,939 |
| 2019 | $2,442 | $203,939 | $55,000 | $148,939 |
| 2018 | $2,181 | $178,206 | $55,000 | $123,206 |
| 2017 | $2,181 | $178,206 | $55,000 | $123,206 |
| 2016 | $2,181 | $178,206 | $55,000 | $123,206 |
| 2015 | $2,214 | $178,206 | $55,000 | $123,206 |
| 2014 | $2,279 | $188,377 | $55,000 | $133,377 |
Source: Public Records
Agents Affiliated with this Home
-
Robin Patterson
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3576860
APN: 117-009
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