$118,000
SOLD OCT 30, 2014

326 E Herman St Newton, NC 28658

3 Beds
2 Baths
1,455 Sq Ft
0.35 Acres

Recently Sold

$81 Per Sq Ft

16% Below List Price

93 Days on Market

About This Home

As of October 2014

Beautiful, fully remodeled 3 bedroom, 2 bathroom home in a wonderful neighborhood! This charming 1950s ranch with basement is the perfect combination of historic style and modern conveniences. Brand new stainless steel appliances, granite countertops, and custom cabinets make up the gorgeous new kitchen that flows easily into a wonderful living space with gleaming hardwood floors. A screened-in porch and partially fenced backyard allow this home to be a perfect fit both inside and out! Don't forget to check out the storage space in the basement and tool shed. Sellers are willing to offer a home warranty, so this home is one you won't want to miss!

Last Agent to Sell the Property

Abby Poetker

Better Homes and Gardens Real Estate Foothills License #277691 Listed on: 06/27/2014

Last Buyer's Agent

Joe Watts

Leaders Realty Group License #246504

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Vinyl Siding

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 374017004748

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.98415
  • Ratio Close Price By Original Li: 0.84346
  • Ratio Current Price By Acre: 337142.86
  • Ratio Current Price By Sq Ft: 81.10
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Flooring: Tile, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1455
  • Total Sq Ft: 1455
  • Sq Ft Unheated Basement: 1130
  • Sq Ft Unheated Main: 132
  • Sq Ft Unheated Total: 1262

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Parking: Attached Carport, Carport - 2 Car

Utilities

  • Heating: Heat Pump - AC
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Schools

  • Elementary School: South Newton
  • Middle School: Newton Conover
  • High School: Newton Conover

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.350
  • Parcel Number: 374017004748
  • Plat Reference Section Pages: 69
  • Zoning Specification: R-11

Tax Info

  • Tax Value: 103900.00
  • Tax Location: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2014
Closed on
Oct 20, 2014
Sold by
Mc Schroeder Company Inc
Bought by
Siefert James B
Seller's Agent
Abby Poetker
Better Homes and Gardens Real Estate Foothills
Buyer's Agent
Joe Watts
Leaders Realty Group
List Price
$139,900
Sold Price
$118,000
Premium/Discount to List
-$21,900
-15.65%
Current Estimated Value
$262,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,399
Avg. Annual Appreciation
7.70%
Original Mortgage
$93,000
Outstanding Balance
$71,995
Interest Rate
4.29%
Mortgage Type
VA
Estimated Equity
$192,514

Purchase Details

Listed on
Oct 29, 2013
Closed on
Jan 29, 2014
Sold by
Branch Banking & Trust Company
Bought by
M C Schroeder Company Inc
Seller's Agent
Mike Kelly Jr.
Better Homes and Gardens Real Estate Foothills
Buyer's Agent
Abby Poetker
Better Homes and Gardens Real Estate Foothills
List Price
$58,000
Sold Price
$37,000
Premium/Discount to List
-$21,000
-36.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
369.43%

Purchase Details

Closed on
Oct 3, 2013
Sold by
Coletti Ed A and Coletti Candace D
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Apr 12, 2005
Sold by
Heavner Floyd L and Heavner Deborah
Bought by
Coletti Ed and Averett Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,360
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 14, 2003

Purchase Details

Closed on
Oct 23, 1958

Purchase Details

Closed on
Dec 1, 1949
Source: Public Records

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
Warranty Deed $118,000 None Available
Special Warranty Deed $37,000 None Available
Trustee Deed $56,250 None Available
Warranty Deed $95,500 None Available
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,000 VA
Previous Owner $12,670 Unknown
Previous Owner $90,360 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $118,000 -15.7% $81 / Sq Ft
09/28/2014 09/28/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $139,900 +278.1% $96 / Sq Ft
01/31/2014 01/31/14 Sold $37,000 -36.2% $25 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
10/29/2013 10/29/13 For Sale $58,000 -- $40 / 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
2025 $995 $229,200 $12,900 $216,300
2024 $995 $229,200 $12,900 $216,300
2023 $1,945 $229,200 $12,900 $216,300
2022 $667 $116,900 $11,300 $105,600
2021 $1,303 $116,900 $11,300 $105,600
2020 $1,303 $116,900 $11,300 $105,600
2019 $1,303 $116,900 $0 $0
2018 $1,183 $106,100 $11,900 $94,200
2017 $1,183 $0 $0 $0
2016 $1,183 $0 $0 $0
2015 $619 $106,130 $11,900 $94,230
2014 $1,049 $103,900 $14,000 $89,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR9576959

Canopy MLS (Canopy Realtor® Association)

APN: 3740170047480000