NOT LISTED FOR SALE

262 Meherrin Loop Raeford, NC 28376

Estimated Value: $282,000 - $303,000

4 Beds
2.5 Baths
1,995 Sq Ft
$148/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $250,000 $125 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,730/month

4 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Granite Countertops
  • 2 Car Attached Garage
  • Tray Ceiling

About This Home

As of February 2022

Fantastic 2 story home with 4 bedrooms, 2.5 baths and almost 2,000sqft! This home has a great open floor plan. Spacious family room with an electric fireplace, pre-wired for surround sound & open to the eat-in kitchen. The kitchen has granite counters, tile backsplash, SS appliances & a pantry. Formal dining room is just off the foyer. Laminate flooring has been installed in the formal dining room, foyer & family rm. Upstairs you'll find all the bedrooms to include the laundry. Spacious master bedroom w/a large WIC, dual vanity, soaking tub, separate shower & linen closet. Covered back patio overlooks the backyard. No back neighbors. Great family neighborhood w/ a community playground, open field & covered area to sit & relax. Neighborhood is minutes away from Walmart, Food Lion & shopping. Multiple offers have been received, please submit highest and best by Jan 16, 5pm.

Last Agent to Sell the Property

Kevin Grullon

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE License #219276 Listed on: 01/13/2022

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,843

Year Built

  • Built in 2018

Lot Details

  • 10,454

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Electric Fireplace
  • Insulated Windows
  • Blinds
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Covered Patio or Porch
  • Playground

Additional Features

  • 10,454 Sq Ft Lot
  • Heat Pump System

Community Details

  • Riverbrooke HOA
  • Riverbrooke Subdivision

Listing and Financial Details

  • Assessor Parcel Number 694440001306

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,843

Year Built

Built in 2018

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Year Built: 2018
  • Prop. Type: Residential
  • Subdivision Name: Riverbrooke
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • General Property Information Carport YN: No
  • Laundry Features Inside: Yes
  • General Property Information Lot Size Square Feet2: 10454.4
  • General Property Information Building Project Name3: Multiple offers have been received, please submit highest and best by Jan 16 5pm. Call/Text Kevin Grullon 910-257-3027 or Shawn Grullon 910-229-1100 with any questions.Vivint security system/components can be negotiated.Email offer to grullonteam@gmail.com , please text to confirm receipt.Listing will be updated when an offer deadline is determined.**Include the Appraisal Contingency Addendum when
  • General Property Information Lot Size Acres: 0.24
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Granite Counters, Separate Shower, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Electric, Prefabricated
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:WasherDryer: Yes
  • Fireplace Features:Electric2: Yes

Exterior Features

  • Exterior Features: Playground
  • Acres: 0.24
  • Home Warranty: No
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch, Patio
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Playground3: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Heat Pump
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 160.0
  • Association Fee Frequency: Annually
  • Association Name: Riverbrooke HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Riverbrooke HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 160.0
  • General Property Information:Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 694440001306
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Mar 1, 2022
Sold by
Sinclair Zachary K
Bought by
Rappe Zechariah and Rappe Jessica Marie
Seller's Agent
Kevin Grullon
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
List Price
$235,000
Sold Price
$250,000
Premium/Discount to List
$15,000
6.38%
Current Estimated Value
$294,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,839
Avg. Annual Appreciation
4.65%
Original Mortgage
$245,471
Outstanding Balance
$228,372
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$66,467

Purchase Details

Listed on
May 2, 2018
Closed on
Oct 15, 2018
Sold by
Caviness Land Development Inc
Bought by
Sinclair Zachary K and Towns Sinclair Kacey M
Seller's Agent
KEVIN SHORTRIDGE
EXP REALTY LLC
Buyer's Agent
Kevin Grullon
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$193,982
Interest Rate
4.6%

Purchase Details

Closed on
May 31, 2018
Sold by
Riverbrooke Llc
Bought by
Caviness Land Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
4.4%
Mortgage Type
Small Business Administration
Source: Public Records

Range of Values:

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Average Value
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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
Rappe Zechariah $250,000 Salyer Chris
Rappe Zechariah $250,000 Salyer Chris
Sinclair Zachary K $190,000 None Available
Caviness Land Development Inc $31,000 Charter Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rappe Zechariah $245,471
Closed Rappe Zechariah $245,471
Previous Owner Sinclair Zachary K $193,982
Previous Owner Caviness Land Development Inc $141,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2022 02/28/22 Sold $250,000 +6.4% $125 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $235,000 +23.7% $118 / Sq Ft
10/23/2018 10/23/18 Sold $189,900 0.0% $97 / Sq Ft View Prior Sale
09/26/2018 09/26/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $189,900 -- $97 / Sq Ft
Source: Doorify 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 $1,843 $206,400 $22,000 $184,400
2023 $1,843 $206,400 $22,000 $184,400
2022 $1,809 $206,400 $22,000 $184,400
2021 $1,625 $179,460 $22,000 $157,460
2020 $1,635 $179,460 $22,000 $157,460
2019 $1,635 $179,460 $22,000 $157,460
2018 $185 $22,000 $22,000 $0
2017 $37 $22,000 $22,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: LP676447

Doorify MLS

APN: 694440001306