$130,000
SOLD NOV 25, 2024

313 Farmstead Rd King, NC 27021

3 Beds
1.5 Baths
1,425 Sq Ft
0.46 Acres

Recently Sold

$91 Per Sq Ft

35% Below List Price

Highlights

  • Popular Property
  • No HOA
  • Forced Air Heating and Cooling System
  • Indoor Pool

About This Home

As of November 2024

One level brick home in King, NC. Seamless floor plan ,3 bedrooms, large level lot with fencing. See yourself enjoying your mornings and evenings on the patio.Great location with easy highway access. Close to shopping, schools, and dining.

Last Agent to Sell the Property

Tammie Hattey

Mark Spain Real Estate License #281096 Listed on: 10/31/2024

Mark Spain Real Estate

Last Buyer's Agent

Vincent Hernandez

Real Broker LLC License #347371

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $869

Year Built

  • Built in 1972

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R-20

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,425 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Indoor Pool
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 598107691068
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$869

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Subdivision Name: Farm
  • Directions: Head southwest on S. Main St. toward New St. Turn right onto Meadowbrook Dr. Turn left onto Farmstead Road. Property will be on the left.
  • Above Grade Finished Sq Ft: 1425
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1972
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1425
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Pool Features: Indoor
  • Construction Type: Brick
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Parking Features: Driveway

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 #: 598107691068
  • Zoning: R-20
  • TRIADMLS_PricePerAcre: 282608.6957
  • TRIADMLS_DeedPage: 0995
  • TRIADMLS_DeedBook: 00565

Tax Info

  • Tax Annual Amount: 869
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Nov 25, 2024
Sold by
Trioaks Capital Llc
Bought by
We Do It Homes Llc
Seller's Agent
Tammie Hattey
Mark Spain Real Estate
Buyer's Agent
Vincent Hernandez
Real Broker LLC
List Price
$199,900
Sold Price
$130,000
Premium/Discount to List
-$69,900
-34.97%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.55%
Original Mortgage
$162,300
Interest Rate
6.32%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 3, 2005
Sold by
Edwards Cathy and Marshall Cathy
Bought by
Vanderzee Vicky Lynn
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $180,500 None Listed On Document
Special Warranty Deed $180,500 None Listed On Document
Warranty Deed $130,000 None Listed On Document
Warranty Deed $25,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $162,300 Construction
Previous Owner $45,000 Stand Alone Second
Previous Owner $40,000 Stand Alone Second
Previous Owner $16,595 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $292,900 +125.3% $206 / Sq Ft
11/25/2024 11/25/24 Sold $130,000 -35.0% $91 / Sq Ft
10/31/2024 10/31/24 For Sale $199,900 -- $140 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
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 $870 $107,400 $28,000 $79,400
2023 $870 $107,400 $28,000 $79,400
2022 $795 $107,400 $28,000 $79,400
2021 $795 $107,400 $28,000 $79,400
2020 $690 $93,300 $22,500 $70,800
2019 $690 $93,300 $22,500 $70,800
2018 $690 $93,300 $22,500 $70,800
2017 $686 $93,300 $22,500 $70,800
2016 $662 $90,000 $22,500 $67,500
2015 $657 $90,000 $22,500 $67,500
2014 $673 $90,000 $22,500 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1161566

Triad MLS

APN: 598107691068