NOT LISTED FOR SALE

331 W Bingham St Statesville, NC 28677

Estimated Value: $117,230 - $181,000

2 Beds
1 Bath
781 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $60,000 $77 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $822/month

389 Days on Market

About This Home

As of December 2018

Great home for investor. Seller owns three homes on the street and would like to sell all three. (This home along with 323 and 324) this home has been renovated and has new windows, new roof and HVAC. Currently rented for $575 through March 2019. Recently painted and floors refinished. Please don’t disturb tenants.

Last Agent to Sell the Property

Devon Stamey

Lake Norman Realty, Inc. License #287655 Listed on: 10/11/2017

Lake Norman Realty, Inc.

Last Buyer's Agent

Devon Stamey

Lake Norman Realty, Inc. License #287655 Listed on: 10/11/2017

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 8,276

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space
  • Oven

Listing and Financial Details

  • Assessor Parcel Number 4734-78-4050.000

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.93750
  • Ratio Close Price By Original Li: 0.92308
  • Ratio Current Price By Acre: 315789.47
  • Ratio Current Price By Sq Ft: 76.82
  • Year Built: 1941
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Oven, Refrigerator
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 781
  • Total Sq Ft: 781

Exterior Features

  • Construction: Shingle
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 4734-78-4050.000
  • Zoning Specification: R8

Tax Info

  • Tax Value: 39250.00
  • Tax Location: Statesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Dec 20, 2018
Sold by
Payne Ronald and Payne Margaret Stamey
Bought by
120 S Elm St Llc
Seller's Agent
Devon Stamey
Lake Norman Realty, Inc.
Buyer's Agent
Devon Stamey
Lake Norman Realty, Inc.
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Current Estimated Value
$146,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,058
Avg. Annual Appreciation
13.89%
Original Mortgage
$135,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2011
Sold by
Dogwood Associates Llc
Bought by
Payne Margaret Stamey

Purchase Details

Closed on
Jun 1, 1982
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
120 S Elm St Llc $180,000 None Available
Payne Margaret Stamey -- None Available
-- -- --
-- $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 120 S Elm St Llc $517,086
Closed 120 S Elm St Llc $135,000
Closed 120 S Elm St Llc $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $60,000 -6.3% $77 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
07/15/2018 07/15/18 Price Changed $64,000 -1.5% $82 / Sq Ft
07/03/2018 07/03/18 For Sale $65,000 +8.3% $83 / Sq Ft
04/30/2018 04/30/18 Off Market $60,000 -- --
02/22/2018 02/22/18 Rented $575 0.0% --
02/01/2018 02/01/18 Under Contract -- -- --
12/04/2017 12/04/17 For Rent $575 0.0% --
10/11/2017 10/11/17 For Sale $65,000 -- $83 / 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 $698 $59,190 $10,000 $49,190
2023 $662 $59,190 $10,000 $49,190
2022 $590 $43,260 $7,000 $36,260
2021 $646 $43,260 $7,000 $36,260
2020 $646 $43,260 $7,000 $36,260
2019 $641 $43,260 $7,000 $36,260
2018 $582 $40,680 $7,000 $33,680
2017 $560 $39,250 $7,000 $32,250
2016 $560 $39,250 $7,000 $32,250
2015 $420 $39,250 $7,000 $32,250
2014 -- $39,600 $7,000 $32,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3327993

Canopy MLS (Canopy Realtor® Association)

APN: 4734-78-4050.000