NOT LISTED FOR SALE

307 Martingale Dr Gibsonville, NC 27249

Estimated Value: $251,026 - $376,000

2 Beds
2 Baths
1,327 Sq Ft
$222/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $31,500 $24 Per Sq Ft

Est. 837% increase in value since last sale

Current estimated payment $1,727/month

18 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Rectangular Lot
  • Attic
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of May 2016

Brick Ranch Home On Approx 1/2 Acre Lot.Living Room With Hardwood Flooring. Eat In Kitchen. Hallway Leads To Bedrooms/Baths And Interior Access To Unfinished Basement Area. No Inspections On File To Determine Working Order Of Hvac, Etc. Convenient Location Between Burlington And Greensboro.

Last Agent to Sell the Property

Holly Rose

Allen Tate/Burlington License #223703 Listed on: 04/07/2016

Allen Tate/Burlington

Last Buyer's Agent

Amy Scoggins

ASCOGGINS & COMPANY License #169563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,481

Year Built

  • 1965

Lot Details

  • 0.59 Acre Lot
  • Rectangular Lot
  • Zoning described as RS-40

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Pull Down Stairs to Attic
  • Washer Hookup
  • Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 8814496949

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,481

Year Built

1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.59
  • Lot Size: 25700
  • Directions: Hwy 70 West Towards Sedalia. Rt On Sedalia Rd. Left Onto Blue Lantern. Rt Martingale Dr. Home Is On The Right.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1965
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic, Other, Pull Down Attic Stairs

Exterior Features

  • Lot Features: Rectangular Lot
  • Construction Type: Brick
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Other
  • Heating: Forced Air
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 25700.0
  • Parcel #: 8814496949
  • Zoning Description: RS-40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2016
Sold by
Martin Joel S and Martin Dana C
Bought by
Cry Christopher and Rivera Michelle Oritiz
Current Estimated Value
$295,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,161
Outstanding Balance
$93,653
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$201,354

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 3, 2016
Sold by
Flagstar Bank Na
Bought by
Martin Joel S and Martin Dona C
Seller's Agent
Holly Rose
Allen Tate/Burlington
Buyer's Agent
Amy Scoggins
ASCOGGINS & COMPANY
List Price
$30,000
Sold Price
$31,500
Premium/Discount to List
$1,500
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.29%
Original Mortgage
$50,400
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 7, 2016
Closed on
Apr 21, 2016
Bought by
Flagstar Bank Fsb
Seller's Agent
Holly Rose
Allen Tate/Burlington
Buyer's Agent
Amy Scoggins
ASCOGGINS & COMPANY
List Price
$30,000
Sold Price
$31,500
Premium/Discount to List
$1,500
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 16, 2008
Sold by
Secretary Of Housing & Urban Development
Bought by
Swindler Tam and Austin Hieu Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,357
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2008
Sold by
Cook Johnny L
Bought by
Hud

Purchase Details

Closed on
Mar 27, 2002
Sold by
Watson James Arthur and Watson Addie A
Bought by
Cook Johnny I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,416
Interest Rate
6.85%
Mortgage Type
FHA
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
Cry Christopher $115,000 None Available
Martin Joel S $31,500 None Available
Flagstar Bank Fsb $130,000 --
Swindler Tam -- None Available
Hud $79,851 None Available
Cook Johnny I $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cry Christopher $116,161
Previous Owner Martin Joel S $50,400
Previous Owner Swindler Tam $112,357
Previous Owner Cook Johnny L $63,500
Previous Owner Cook Johnny L $76,879
Previous Owner Cook Johnny I $74,416
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2016 05/25/16 Sold $31,500 +5.0% $24 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $30,000 -- $23 / Sq Ft
Source: Alamance Multiple Listing Service

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 $1,481 $126,500 $30,000 $96,500
2023 $1,481 $126,500 $30,000 $96,500
2022 $1,459 $126,500 $30,000 $96,500
2021 $1,325 $114,900 $30,000 $84,900
2020 $1,319 $114,900 $30,000 $84,900
2019 $1,313 $114,900 $0 $0
2018 $1,306 $114,900 $0 $0
2017 $1,349 $114,900 $0 $0
2016 $1,388 $118,900 $0 $0
2015 $1,394 $118,900 $0 $0
2014 $1,361 $118,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 90945

APN: 0120349