NOT LISTED FOR SALE

307 Lake Dr Archdale, NC 27263

Estimated Value: $170,000 - $182,000

2 Beds
2 Baths
1,040 Sq Ft
$170/Sq Ft Est. Value

Last Sold January 17, 2013

Last sale price $42,500 $41 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $1,055/month

110 Days on Market

Highlights

  • 0.54 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Archdale Elementary School Rated A-

About This Home

As of January 2013

This is a Fannie Mae Homepath Property. Brick Ranch in established neighborhood. Paved drive, fenced yard. Carport is enclosed and has not been included in GLA listed. Some updates, but property will require repairs and more updating. Full bath 2 is located in enclosed carport area. To be sold AS IS. No Warranties or guaranties Expressed or Implied. Buyer responsible for verifying all systems. Please see agent only and attachments instructions on submitting offers. All offers submitted online.

Last Agent to Sell the Property

Brant Harris

CENTRAL CAROLINA REALTY & DEV. License #209582 Listed on: 09/18/2012

Co-Listed By

Dean G. Harris

CENTRAL CAROLINA REALTY & DEV. License #187175

Last Buyer's Agent

Brant Harris

CENTRAL CAROLINA REALTY & DEV. License #209582 Listed on: 09/18/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $888

Year Built

  • Built in 1959

Lot Details

  • 0.54 Acre Lot
  • Property is zoned R15T

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,040 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Lake Terrace Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7708785078
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$888

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.54
  • Co List Office Mls Id: GCRC01
  • Co List Office Phone: 336-676-7200
  • Subdivision Name: Lake Terrace Park
  • Directions: Heading West on Trindale Rd, Turn right on Lake property on left.
  • Above Grade Finished Sq Ft: 1040
  • Unit Levels: One
  • Year Built: 1959
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1040
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1040
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7708785078
  • Zoning: R15T
  • TRIADMLS_DeedPage: 3729
  • TRIADMLS_DeedBook: 1918

Tax Info

  • Tax Annual Amount: 888.3
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.0106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2012
Closed on
Jan 8, 2013
Sold by
Federal National Mortgage Association
Bought by
Ullah Kaleem
Seller's Agent
Brant Harris
CENTRAL CAROLINA REALTY & DEV.
Buyer's Agent
Brant Harris
CENTRAL CAROLINA REALTY & DEV.
List Price
$48,000
Sold Price
$42,500
Premium/Discount to List
-$5,500
-11.46%
Current Estimated Value
$176,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,915
Avg. Annual Appreciation
10.95%

Purchase Details

Closed on
Sep 1, 2012
Sold by
Burrow Johnnie Michael
Bought by
Federal National Mortgage Association and Fannie Mae
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ullah Kaleem -- None Available
Federal National Mortgage Association $90,071 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burrow Johnnie Michael $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2013 01/17/13 Sold $42,500 -11.5% $41 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
09/18/2012 09/18/12 For Sale $48,000 -- $46 / 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
2024 $1,209 $117,300 $40,420 $76,880
2023 $1,209 $117,300 $40,420 $76,880
2022 $935 $78,890 $24,730 $54,160
2021 $935 $78,890 $24,730 $54,160
2020 $913 $78,890 $24,730 $54,160
2019 $913 $78,890 $24,730 $54,160
2018 $861 $72,510 $23,980 $48,530
2016 $844 $72,513 $23,980 $48,533
2015 $846 $72,513 $23,980 $48,533
2014 -- $77,737 $23,980 $53,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 653484

Triad MLS

APN: 7708-78-5078