NOT LISTED FOR SALE

Estimated Value: $248,000 - $270,000

2.7 Acres
$94,490 Price per Acre
117,612 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $225,000 $184 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,490/month

76 Days on Market

About This Lot

As of August 2022

This 2.70 acre property is in the R4 residential district which allows up to 20 units per acre. The property has a very gentle slope is at least 50% cleared and would have very minimal site prep for construction. The property is served by city water, sewer, and natural gas. Could be subdivided for a smaller multifamily use or multiple individual residential lots. The property currently has an 1800's log cabin on the property that is in reasonable condition that could be developed around or torn down. Property already has a pond that per city could potentially act as a retention pond for larger scale development. The property is just a short walk to hwy 127, restaurants, and grocery. Ideal for multiple residential development uses. Per the seller this log cabin was built in 1809 and moved to this site from Virginia many years ago. The original log cabin was added onto at this location to add more space and modern amenities.

Last Agent to Sell the Property

Chris Spencer

Realty Executives of Hickory License #199197 Listed on: 06/16/2022

Realty Executives of Hickory

Last Buyer's Agent

Amanda Stokes

RE/MAX Legendary License #242257

RE/MAX Legendary

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,701

Lot Details

  • Possible uses of the property include Residential, Subdevelopment
  • Zoning described as R-4

Outdoor Features

  • Separate Outdoor Workshop
  • Outbuilding

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3704209016410000

Property Details

Property Type

Land

Est. Annual Taxes

$1,701

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: Yes
  • Ratio Current Price By Acre: 83333.33
  • Restrictions: No Representation
  • Road Frontage Type: City Street
  • Structure Type: Acreage
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Block
  • Fixture Exception Yn: 0
  • Possible Use: Residential, Subdevelopment

Exterior Features

  • Exterior Features: Outbuilding(s), Workshop
  • Tax Location: Hickory
  • Construction Type: Site Built
  • Waterfront Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Telephone On-Site
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

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

Lot Info

  • Lot Features: Pond(s)
  • Lot Size Area: 2.7
  • Lot Size Units: Acres
  • Parcel Number: 3704209016410000
  • Out Buildings Yn: 1
  • Plat Book Slide: 6/137
  • Can Be Subdivided: 1
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.13129

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 30, 2022
Sold by
Luther Buff Jr John
Bought by
Holmes Christopher
Seller's Agent
Chris Spencer
Realty Executives of Hickory
Buyer's Agent
Amanda Stokes
RE/MAX Legendary
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Views
21
Current Estimated Value
$255,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,122
Avg. Annual Appreciation
4.10%
Original Mortgage
$218,250
Outstanding Balance
$208,988
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$46,135

Purchase Details

Closed on
Nov 5, 2015
Sold by
Daley Virginia Mitchell and Daley Colin Anndrew
Bought by
Mitchell James Lamar and Mitchell Chrisanne W

Purchase Details

Listed on
May 9, 2012
Closed on
Jun 5, 2012
Sold by
Walter Jack R and Walter Teresa Dale
Bought by
Buff Agnes Willis
Seller's Agent
Alex Rooker
Alex Rooker & Associates, Inc.
Buyer's Agent
Alex Rooker
Alex Rooker & Associates, Inc.
List Price
$128,000
Sold Price
$121,000
Premium/Discount to List
-$7,000
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
May 1, 1977
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Holmes Christopher $225,000 None Listed On Document
Mitchell James Lamar $300,000 Attorney
Buff Agnes Willis $121,000 None Available
-- $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Christopher $218,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2022 08/31/22 Sold $225,000 -10.0% $184 / Sq Ft
06/16/2022 06/16/22 For Sale $250,000 +106.6% $205 / Sq Ft
06/05/2012 06/05/12 Sold $121,000 -5.5% $95 / Sq Ft View Prior Sale
05/15/2012 05/15/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $128,000 -- $100 / 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 $1,701 $199,300 $55,100 $144,200
2024 $1,701 $199,300 $55,100 $144,200
2023 $1,701 $199,300 $55,100 $144,200
2022 $1,411 $117,300 $55,100 $62,200
2021 $1,411 $117,300 $55,100 $62,200
2020 $1,364 $117,300 $0 $0
2019 $1,364 $117,300 $0 $0
2018 $1,385 $121,300 $54,800 $66,500
2017 $1,385 $0 $0 $0
2016 $1,382 $0 $0 $0
2015 $1,243 $121,100 $54,600 $66,500
2014 $1,243 $120,700 $58,300 $62,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3873476

Canopy MLS (Canopy Realtor® Association)

APN: 3704209016410000