NOT LISTED FOR SALE

307 E 2nd Ave Mount Gilead, NC 27306

Estimated Value: $172,425

2 Beds
1 Bath
1,340 Sq Ft
$129/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $180,000 $134 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,072/month

34 Days on Market

Highlights

  • Wooded Lot
  • Cottage
  • Patio
  • Wood Flooring
  • Front Porch
  • Laundry Room

About This Home

As of June 2022

Pristine cottage located in a quiet area on E 2nd Street in Mount Gilead. Beautiful red oak hardwood floors throughout except for the bath. This property is in wonderful condition with a large yard and mature landscaping. Storage building included and lots of storage room in the crawl space. The home offers two bedrooms along with a room initially designed as a dining room which could be used as an additional sleeping area. Sunroom off the rear of the home. The owner has a horse corral in the rear of the property that needs very little TLC to get it up to speed again. There is currently a new survey being done to divide the property into two lots that will leave the home on approximately one acre. The outbuilding in the back will be kept by the current owner. There are flags from the power pole at the roadside showing the approximate line. Convenient to Lake Tillery and all it offers for boating , watersports and fishing. Come visit this quaint cottage and see the potential it offers.

Last Agent to Sell the Property

Mark McRae

McRae Properties License #208169 Listed on: 04/15/2022

Last Buyer's Agent

Mark McRae

McRae Properties License #208169 Listed on: 04/15/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • Lot Dimensions are 130 x 330
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1,340 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding
  • Front Porch

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7503-09-16-4347

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1921
  • Ratio Current Price By Acre: 180000.00
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Other
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1340
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Front,Patio
  • Appliances: Ceiling Fan(s), Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1340
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Outbuilding(s)
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Mount Gilead
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 7503-09-16-4347
  • Lot Size: 130 x 330
  • Zoning Description: SFR

Tax Info

  • RATIO List Price By Tax Amount: 2.16981

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 8, 2022
Sold by
Miller Harris Linda
Bought by
Bednarik John A
Seller's Agent
Mark McRae
McRae Properties
Buyer's Agent
Mark McRae
McRae Properties
List Price
$187,500
Sold Price
$180,000
Premium/Discount to List
-$7,500
-4%
Current Estimated Value
$172,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,575

Purchase Details

Closed on
Nov 7, 2005
Sold by
Ritter James R
Bought by
Harris Linda Miller
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

Date Buyer Sale Price Title Company
Bednarik John A $180,000 Soto Claudia
Harris Linda Miller $40,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $180,000 -4.0% $134 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $187,500 -- $140 / 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
2023 $1,025 $86,413 $11,348 $75,065
2022 $1,025 $86,413 $11,348 $75,065
2021 $1,025 $86,413 $11,348 $75,065
2020 $1,025 $86,413 $11,348 $75,065
2018 $952 $79,983 $11,348 $68,635
2017 $953 $79,983 $11,348 $68,635
2016 $871 $73,200 $11,348 $61,852
2015 $834 $73,200 $0 $0
2014 $834 $73,207 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3850397

Canopy MLS (Canopy Realtor® Association)

APN: 7503-09-16-4347