NOT LISTED FOR SALE

31226 Quarter Horse Ln Locust, NC 28097

Estimated Value: $570,000 - $844,000

3 Beds
2.5 Baths
2,300 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $530,000 $230 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,077/month

1 Day on Market

Highlights

  • Barn
  • Open Floorplan
  • Cathedral Ceiling
  • Locust Elementary School Rated A-
  • Private Lot
  • Mud Room

About This Home

As of June 2020

Have you been dreaming of coming home to your own peaceful paradise? Want to sip coffee on a screened in porch overlooking cows and horses in your pasture? Have visions of cool summer nights roasting marshmallows by a fire pit? Just DREAMING of a HUGE workshop to fill with classic cars, four wheelers, or just to complete projects? Then you will NOT want to miss this UNICORN property! On OVER 11 acres of rolling FENCED pasture and featuring a 4 stall horse barn and detached workshop/garage fully insulated with HVAC, this is the Mini Farm of your dreams. Featuring a master on the main floor complete with its own sitting area and dual sided fireplace, a soaring great room open to the kitchen, gleaming stainless appliances, a wrap around screened in porch and a Family Safe Room built into the foundation! Located within a 25 minutes drive of Monroe, Charlotte, Concord, and Albemarle, the LOCATION is IDEAL! 3D Virtual Showing Available. Inquire for Features Brochure!

Last Agent to Sell the Property

Alexis Hughes

EXP Realty LLC Ballantyne License #296781 Listed on: 04/23/2020

EXP Realty LLC Ballantyne

Last Buyer's Agent

Sharon Fraley

Shelton Real Estate Center LLC License #191553

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 11

Parking

  • Workshop in Garage
  • Gravel Driveway

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Mud Room

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Farming

  • Barn
  • Pasture
  • Fenced For Cattle

Additional Features

  • Fire Pit
  • Private Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5588-04-82-5547

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 0.96364
  • Ratio Close Price By Original Li: 0.96364
  • Ratio Current Price By Acre: 46737.21
  • Ratio Current Price By Sq Ft: 230.43
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Upper Level Sq Ft: 820
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Central Vacuum
  • Fixture Exception Description: cattle gate, head gate, and chute
  • Fixture Exception Yn: Yes
  • Interior Amenities: Cathedral Ceiling(s), Drop Zone, Garage Shop, Garden Tub, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1480
  • Total Sq Ft: 2300

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Auto Shop, Barn(s), Fenced Pasture, Fenced Yard, Fire pit

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Carport - 2 Car, Detached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Locust
  • Middle School: West Stanly
  • High School: West Stanly

Lot Info

  • Lot Features: Pasture, Private, Rolling
  • Lot Size Area: 11.340
  • Parcel Number: 5588-04-82-5547
  • Zoning Specification: RA

Tax Info

  • Tax Value: 313373.00
  • Tax Location: Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jun 30, 2020
Sold by
Greene Levi Edward and Greene Daria Teresa
Bought by
High Christopher L and High Amanda V
Seller's Agent
Alexis Hughes
EXP Realty LLC Ballantyne
Buyer's Agent
Sharon Fraley
Shelton Real Estate Center LLC
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Current Estimated Value
$697,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,233
Avg. Annual Appreciation
4.76%
Original Mortgage
$490,400
Outstanding Balance
$440,418
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$232,010

Purchase Details

Closed on
Jan 31, 2013
Sold by
Greene Levi Edward and Greene Daria Teresa
Bought by
Greene Levi Edward and Greene Daria Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2004
Sold by
Lee David A and Lee Mary H
Bought by
Dorton James R L and Dorton Barara F
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
High Christopher L $530,000 None Available
Greene Levi Edward -- None Available
Dorton James R L $91,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open High Christopher L $490,400
Previous Owner Greene Levi $100,000
Previous Owner Greene Levi Edward $234,000
Previous Owner Dorton Barbara F $47,500
Previous Owner Dorton James Rl $380,000
Previous Owner Dorton Barbara J $45,000
Previous Owner Dorton Barbara J $343,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $530,000 -3.6% $230 / Sq Ft
04/25/2020 04/25/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $550,000 -- $239 / 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
2024 $3,124 $433,868 $31,323 $402,545
2023 $3,124 $433,868 $31,323 $402,545
2022 $3,124 $433,868 $31,323 $402,545
2021 $3,584 $484,627 $82,082 $402,545
2020 $2,509 $313,373 $73,719 $239,654
2019 $2,529 $313,373 $73,719 $239,654
2018 $2,444 $313,373 $73,719 $239,654
2017 $2,444 $313,373 $73,719 $239,654
2016 $2,269 $298,570 $64,856 $233,714
2015 $2,363 $298,570 $64,856 $233,714
2014 $2,238 $298,570 $64,856 $233,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3613150

Canopy MLS (Canopy Realtor® Association)

APN: 5588-04-82-5547