NOT LISTED FOR SALE

3040 Cat Square Rd Unit 3040 Vale, NC 28168

Vale Area

Estimated Value: $216,420

25.01 Acres
$8,653 Price per Acre
1,089,436 Sq Ft Lot

Sale Details

Date Sold: August 17, 2022

Last sale price $175,000

Est. 24% increase in value since last sale

Current estimated payment $1,191 / mo

27 Days on Market

Highlights

  • Barn
  • Union Elementary School Rated A-
  • Stables

About This Lot

As of August 2022

This small farm would make a great homestead for a family, horses or livestock. The existing barn needs “TLC” but has great potential with a Garage on each side that can be used for a workshop, storage or other use. there is a well in front and a pump inside right garage door. There is also a fenced area with open ended covered garage. The property is currently under the Farm Use Deferred Tax Program. If Buyer does not continue the program, (MINIMUM OF 10 ACRES) COUNTY WILL REQUIRE BUYER TO PAY BACK TAXES. Lincoln county GIS shows 569' road frontage and 25.01 acres. Property is in an Estate and may be contingent on court authorization. There are 2 other parcels in this Estate, MLS #3820156 on the market now and MLS #3827302 coming in June.

Last Agent to Sell the Property

Edith McAlpin

McAlpin Realty License #57979 Listed on: 05/24/2022

Co-Listed By

Linda Rollins

L.B. Rollins, Inc. License #34545

Last Buyer's Agent

Jane McGill

Jane McGill Real Estate License #265141

Property Details

Property Type

  • Land

Lot Details

  • Possible uses of the property include Cattle, Farm, Horses
  • Property is zoned R-SF, R-SF

Schools

  • Union Elementary School
  • West Lincoln Middle School
  • West Lincoln High School

Additional Features

  • Barn
  • Stables
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 12743

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 6996.36
  • Restrictions: Other - See Media/Remarks
  • Road Frontage Type: Paved Road
  • Structure Type: Acreage
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Cattle, Farm, Horses

Exterior Features

  • Exterior Features: Barn(s), Stable
  • Tax Location: Vale

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available
  • Water Source: Well

Schools

  • Middle Or Junior School: West Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 12743
  • Out Buildings Yn: 1
  • Plat Reference Section Pages: 13-161
  • Zoning Description: R-SF
  • ResoLotSizeUnits: Acres

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Union
  • High School: West Lincoln

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
May 24, 2022
Closed on
Aug 17, 2022
Sold by
Bought by
Seller's Agent
Edith McAlpin
McAlpin Realty
Buyer's Agent
Jane McGill
Jane McGill Real Estate
List Price
$305,500
Sold Price
$175,000
Premium/Discount to List
-$130,500
-42.72%
Current Estimated Value
$216,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,420
Avg. Annual Appreciation
5.54%

Purchase Details

Listed on
May 24, 2022
Closed on
Aug 16, 2022
Sold by
Bought by
Seller's Agent
Edith McAlpin
McAlpin Realty
Buyer's Agent
Jane McGill
Jane McGill Real Estate
List Price
$305,500
Sold Price
$175,000
Premium/Discount to List
-$130,500
-42.72%

Purchase Details

Closed on
Dec 18, 2007
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
$150,000
Interest Rate
0.0622%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2004
Bought by

Purchase Details

Closed on
Jul 27, 1999
Bought by
Source: Public Records

Range of Values:

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

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
$350 None Listed On Document
-- --
$175,000 None Available
$182,000 --
$100,000 --
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
Previous Owner $150,000
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
08/17/2022 08/17/22 Sold $175,000 -42.7% --
06/20/2022 06/20/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $305,500 -- --
Source: Canopy 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 $141 $195,252 $181,751 $13,501
2024 $141 $195,252 $181,751 $13,501
2023 $141 $195,252 $181,751 $13,501
2022 $128 $238,566 $230,114 $8,452
2021 $291 $245,566 $237,114 $8,452
2020 $283 $245,566 $237,114 $8,452
2019 $283 $245,566 $237,114 $8,452
2018 $269 $196,684 $188,558 $8,126
2017 $269 $196,684 $188,558 $8,126
2016 $256 $0 $0 $0
2015 $251 $196,684 $188,558 $8,126
2014 $1,382 $205,328 $197,552 $7,776
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Edith McAlpin

    McAlpin Realty

    (828) 327-3845

    7 Total Sales

    Edith McAlpin
    Section Image

  • L

    Seller Co-Listing Agent in 2022

    Linda Rollins

    L.B. Rollins, Inc.

    (828) 310-8300

    16 Total Sales

    Linda Rollins
    Section Image
  • Jane McGill

    Buyer's Agent in 2022

    Jane McGill

    Jane McGill Real Estate

    (704) 460-2589

    113 Total Sales

    Jane McGill
    Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: 3820128

Canopy MLS

APN: 12743

North Carolina Lincoln County Vale 28168

3040 Cat Square Rd Unit 3040, Vale, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.