NOT LISTED FOR SALE

264 Marginal St Cooleemee, NC 27028

Estimated Value: $229,954 - $300,000

3 Beds
2.5 Baths
2,500 Sq Ft
$102/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $141,000 $56 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,514/month

23 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • No HOA
  • Living Room with Fireplace
  • Attic
  • 2 Car Detached Garage

About This Home

As of June 2017

Welcome home to a piece of history! Mill Manager James House is a 2 story Colonial Revival-style brick home with 3 bedrooms and 2.5 baths. It has a large dining room with lighted crown molding. Living room and den both have fireplaces, one gas (back den) and one wood burning (front LR). Surround sound in the living room, den and master bedroom. Original hardwood floors! Upstairs bathrooms have been updated with tile. Numerous closets and built-ins throughout the house!

Last Agent to Sell the Property

Neva Little

License #286122 Listed on: 04/03/2017

Last Buyer's Agent

Sam Heaton

Centralina Realty Inc License #270686

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,827

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 149 x 254 x 150 x 272
  • Fenced
  • Level Lot
  • Garden
  • Property is zoned SFR RES

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,365 Sq Ft Home
  • 2,100-2,500 Sq Ft Home
  • Property has 2 Levels
  • Sound System
  • Built-In Features
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Unfinished Basement

  • Sump Pump
  • Basement Cellar
  • Crawl Space

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Storage
  • Porch

Location

  • The property is located in a historic district

Schools

  • South Davie Middle School
  • Davie County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Erwin Mills Subdivision

Listing and Financial Details

  • Tax Lot 357
  • Assessor Parcel Number M5160A0003
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,827

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 149 x 254 x 150 x 272
  • Subdivision Name: Erwin Mills
  • Directions: I 40 to NC Highway 601 South. Right onto NC Highway 801 South. Right on Marginal Street. House is on the right.
  • Above Grade Finished Sq Ft: 2365
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2100 - 2500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Built-in Features, Dead Bolt(s), Interior Attic Fan, Sound System
  • Other Equipment: Satellite Dish, Sump Pump
  • Has Basement: Unfinished, Cellar, Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Den, Living Room
  • Fireplaces: 2
  • Living Area: 2365
  • Main Level Bathrooms: 1
  • Attic Description: Partially Floored, Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: Historic District, Level
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: M5160A0003
  • Zoning: SFR RES
  • TRIADMLS_PlatPage: 011
  • TRIADMLS_PlatBook: 0003
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 1827
  • Tax Lot: 357
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2017
Closed on
Jun 9, 2017
Sold by
Quiroz Cesar and Quiroz Walkiria
Bought by
Kernstine Pamela C
Seller's Agent
Neva Little
Buyer's Agent
Sam Heaton
Centralina Realty Inc
List Price
$144,900
Sold Price
$141,000
Premium/Discount to List
-$3,900
-2.69%
Current Estimated Value
$256,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,239
Avg. Annual Appreciation
7.21%
Original Mortgage
$133,950
Outstanding Balance
$111,243
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$144,996

Purchase Details

Closed on
Sep 27, 2006
Sold by
King Sidney B and King Joan P
Bought by
Quiroz Cesar and Quiroz Walkiria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1978
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kernstine Pamela C $141,000 None Available
Quiroz Cesar $160,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kernstine Pamela C $133,950
Previous Owner Quiroz Cesar $113,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2017 06/09/17 Sold $141,000 -2.7% $67 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $144,900 -- $69 / 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
2025 $2,093 $175,290 $20,000 $155,290
2024 $1,755 $134,510 $10,000 $124,510
2023 $1,755 $134,510 $10,000 $124,510
2022 $1,755 $134,510 $10,000 $124,510
2021 $1,755 $134,510 $10,000 $124,510
2020 $1,809 $138,490 $10,000 $128,490
2019 $1,809 $138,490 $10,000 $128,490
2018 $1,809 $138,490 $10,000 $128,490
2017 $1,795 $138,490 $0 $0
2016 $1,827 $141,200 $0 $0
2015 $1,827 $141,200 $0 $0
2014 $1,675 $141,200 $0 $0
2013 -- $141,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 829684

Triad MLS

APN: M5-160-A0-003