NOT LISTED FOR SALE

253 Policarp St Lincolnton, NC 28092

Estimated Value: $221,000 - $238,145

3 Beds
1 Bath
1,328 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $188,000 $142 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,434/month

119 Days on Market

Highlights

  • Ranch Style House
  • Tile Flooring
  • Ceiling Fan
  • Laundry Room

About This Home

As of October 2022

Take advantage of this 3/1 fully renovated house for under 200,000. 21,000 price reduction!! With very low taxes, even at today’s high interest rates, a mortgage on this house will come to about same price as area’s rents including taxes and insurance! Own a home for the price of renting. Seller replaced the ENTIRE foundation of the home including new concrete footings and joists. Seller replaced the roof and gutters, replaced all plumbing, electrical and put a brand new 2.5 tons electric Heat Pump split system. All new stainless steel appliances, new flooring, kitchen cabinets, plumbing fixtures. bathroom tiles, all new lighting throughout and more and more…!
Book a showing today and see for yourself. Freshly staged to show you just how homey this place could be. All appropriate permits pulled for renovations. Don't take my word for it, book your showing to come see this quality remodel today to see if its the one you've been looking for!

Last Agent to Sell the Property

Samara Huntley

EXP Realty LLC License #323827 Listed on: 06/23/2022

EXP Realty LLC

Last Buyer's Agent

Angel Register

Premier South License #310808

Premier South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 241x121x237x102
  • Property is zoned R8, R-8

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Great Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • S. Ray Lowder Elementary School
  • Lincolnton Middle School
  • Lincolnton High School

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 52502

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,372

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1930
  • Ratio Current Price By Acre: 1044444.44
  • Road Surface Type: Dirt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 141.57
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Vinyl
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1328
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 83
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 83
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Covered,Front
  • Appliances: Ceiling Fan(s), Electric Oven, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Living Area: 1328
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Lincolnton
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Parking Space - 2

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 52502
  • Lot Size: 241x121x237x102
  • Zoning Description: R-8
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 3.04292

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: S. Ray Lowder
  • High School: Lincolnton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Oct 17, 2022
Sold by
Atlas Residential Llc
Bought by
Perry Reginald
Seller's Agent
Samara Huntley
EXP Realty LLC
Buyer's Agent
Angel Register
Premier South
List Price
$243,000
Sold Price
$188,000
Premium/Discount to List
-$55,000
-22.63%
Views
64
Current Estimated Value
$223,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,898
Avg. Annual Appreciation
5.50%
Original Mortgage
$188,000
Outstanding Balance
$182,059
Interest Rate
5.89%
Mortgage Type
VA
Estimated Equity
$36,254

Purchase Details

Closed on
Jun 30, 2022
Sold by
Moshe Zemach
Bought by
Atlas Residential Llc

Purchase Details

Closed on
Feb 10, 2022
Sold by
Atlas Residential Llc
Bought by
Zemach Moshe

Purchase Details

Closed on
Aug 3, 2021
Sold by
Olisky John and Olisky Nancy
Bought by
Atlas Residential Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 2015
Sold by
Avery Belly Hughes
Bought by
Olisky John and Olisky Nancy
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 Buyer Sale Price Title Company
Perry Reginald $188,000 --
Atlas Residential Llc $13,000 Hatley Ryan David
Zemach Moshe -- Sperry Law Firm Pc
Atlas Residential Llc $50,000 None Available
Olisky John $18,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Reginald $188,000
Previous Owner Atlas Residential Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $188,000 -5.1% $142 / Sq Ft
08/15/2022 08/15/22 Price Changed $198,000 -9.6% $149 / Sq Ft
07/21/2022 07/21/22 Price Changed $219,000 -9.9% $165 / Sq Ft
06/23/2022 06/23/22 For Sale $243,000 -- $183 / 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 $2,372 $225,430 $17,000 $208,430
2023 $2,367 $225,430 $17,000 $208,430
2022 $868 $63,898 $16,000 $47,898
2021 $882 $65,069 $16,000 $49,069
2020 $754 $65,069 $16,000 $49,069
2019 $754 $65,069 $16,000 $49,069
2018 $588 $41,593 $15,500 $26,093
2017 $487 $41,593 $15,500 $26,093
2016 $487 $41,593 $15,500 $26,093
2015 $563 $41,593 $15,500 $26,093
2014 $637 $47,858 $17,500 $30,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3875040

Canopy MLS (Canopy Realtor® Association)

APN: 52502