NOT LISTED FOR SALE

2987 Elk Rd Randleman, NC 27317

Estimated Value: $144,000 - $370,000

2 Beds
1 Bath
1,500 Sq Ft
$147/Sq Ft Est. Value

Sale Details

Date Sold: November 14, 2019

Last sale price $47,000 $31 Per Sq Ft

Est. 369% increase in value since last sale

Current estimated payment $1,238 / mo

27 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Farmhouse Style Home
  • Porch

About This Home

As of November 2019

Farm House on dead end street. 2 bedroom 1 bath. Property is owned by US Depart of HUD, case 387-274794. FHA Financing is IE. Insured with escrow. $9,680 in repair escrow. Subject to Appraisal. HUD homes are sold AS-IS. Equal Housing Opportunity. Seller makes no represent/warrant as to prop condition. Seller may contribute up to 3% for buyer's closing costs upon buyer request. Owner-Occupant borrowers may qualify for $100 down payment with FHA.

Last Agent to Sell the Property

Paula Fields

My Favorite Realty, Inc License #243993 Listed on: 09/04/2019

Last Buyer's Agent

Edith Dominguez

Keller Williams Realty License #288008

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 28,750 Sq Ft Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7764858783
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0.66 Acres

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.66
  • Subdivision Name: None
  • Directions: NC-22 S. Turn right onto Mack Lineberry Road. Turn right onto Bethany Church Road. Turn right onto Worthville Road. urn left onto Elk Road. Dead end Road. Destination will be on the right.
  • Above Grade Finished Sq Ft: 1368
  • Architectural Style: Farm House
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1915
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1368
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Wooded
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7764858783
  • Zoning: Single Family R
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.363

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Nov 13, 2019
Sold by
Bought by
Seller's Agent
Paula Fields
My Favorite Realty, Inc
Buyer's Agent
Edith Dominguez
Keller Williams Realty
Sold Price
$47,000
Current Estimated Value
$220,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,323
Avg. Annual Appreciation
26.15%
Original Mortgage
$45,590
Outstanding Balance
$40,061
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$180,262

Purchase Details

Closed on
Aug 1, 2019
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 2019
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,148
Interest Rate
6.45%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,993
Interest Rate
6.23%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$47,120 None Available
$71,000 None Available
$64,500 --
$39,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $45,590
Previous Owner $70,148
Previous Owner $63,993
Previous Owner $41,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/14/2019 11/14/19 Sold $47,000 -- $39 / Sq Ft
Source: Triad MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $664 $99,130 $25,500 $73,630
2024 $644 $99,130 $25,500 $73,630
2023 $644 $99,130 $25,500 $73,630
2022 $539 $68,920 $18,000 $50,920
2021 $539 $68,920 $18,000 $50,920
2020 $565 $72,130 $18,000 $54,130
2019 $543 $72,130 $18,000 $54,130
2018 $416 $53,890 $14,400 $39,490
2016 $416 $53,888 $14,400 $39,488
2015 $418 $53,888 $14,400 $39,488
2014 $418 $53,888 $14,400 $39,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 948540

Triad MLS

APN: 7764-85-8783

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