NOT LISTED FOR SALE

Estimated Value: $181,000 - $212,677

2 Beds
2 Baths
1,292 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 09, 2016

Last sale price $40,600 $31 Per Sq Ft

Est. 389% increase in value since last sale

Current estimated payment $1,185/month

11 Days on Market

Highlights

  • Cottage
  • Shed
  • Level Lot
  • Icard Elementary School Rated A-
  • Storm Doors
  • Vinyl Flooring

About This Home

As of November 2016

This 2 bedroom 2 bath bungalow home features a fully fenced yard, out building, big updated kitchen with newer cabinets, counter tops and pantry, den with woodstove, living room w/built-ins, dining room, laundry room, wainscotting, central heat & air, city water and so much more! PLUS! Qualifies for HUD's $100 down payment option. HUD case #387-027814. (IE) FHA insurable w/escrow, subject to appraisal. Property owned by US Dept. of HUD. “Sold As-Is, Where-Is” without repairs or warranties. Seller, its agents and/or assigns make no representations or warranties as to property condition. This property includes LBP Notices. Buyer and their agent to verify all information including schools, SF, and all systems. Seller may contribute up to 3% for buyer’s closing costs but only if requested on line 5 of the electronic bid submission. EQUAL HOUSING OPPORTUNITY. NOTE: While Burke County Tax records say this home was built in 1971, home appears to be substantially older.

Last Listed By

Danny Boone

Master Brokers of the Carolinas & Catawba Valley License #226407 Listed on: 09/02/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 0.41

Home Design

  • Cottage

Additional Features

  • Vinyl Flooring
  • 2 Full Bathrooms
  • Crawl Space
  • Shed
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 2762-96-3381

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.94419
  • Ratio Close Price By Original Li: 0.94419
  • Ratio Current Price By Acre: 99024.39
  • Ratio Current Price By Sq Ft: 31.42
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s)
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1292
  • Total Sq Ft: 1292

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - AC
  • Water: County Water
  • Water Heater: Electric

Schools

  • Elementary School: Icard
  • Middle School: East Burke
  • High School: East Burke

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.410
  • Parcel Number: 2762-96-3381
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 62572.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Nov 7, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Speagle Jordan Andrew
Seller's Agent
Danny Boone
Master Brokers of the Carolinas & Catawba Valley
Buyer's Agent
Danny Boone
Master Brokers of the Carolinas & Catawba Valley
List Price
$43,000
Sold Price
$40,600
Premium/Discount to List
-$2,400
-5.58%
Total Days on Market
11
Current Estimated Value
$198,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,819
Original Mortgage
$43,167
Outstanding Balance
$35,663
Interest Rate
3.42%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2016
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 5, 2016
Sold by
Sigmon Sherry F
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 27, 2010
Sold by
Ryhmer Patrick Darrell and Rhymer Amanda
Bought by
Sigmon Sherry F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,517
Interest Rate
4.94%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2005
Sold by
Chapman Sylvia E
Bought by
Rhymer Patrick Darrell and Sharpe Amanda Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.71%
Mortgage Type
New Conventional

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
Speagle Jordan Andrew -- Attorney
Secretary Of Housing & Urban Development -- Attorney
Wells Fargo Bank Na $54,250 Attorney
Sigmon Sherry F $71,000 None Available
Rhymer Patrick Darrell $67,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speagle Jordan Andrew $43,167
Previous Owner Sigmon Sherry F $69,517
Previous Owner Rhymer Patrick Darrell $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2016 11/09/16 Sold $40,600 -5.6% $31 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $43,000 -- $33 / 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 $905 $120,205 $11,070 $109,135
2023 $888 $117,598 $11,070 $106,528
2022 $644 $68,924 $8,200 $60,724
2021 $624 $68,924 $8,200 $60,724
2020 $620 $68,924 $8,200 $60,724
2019 $620 $68,924 $8,200 $60,724
2018 $563 $61,767 $6,560 $55,207
2017 $561 $61,767 $6,560 $55,207
2016 $546 $62,572 $6,560 $56,012
2015 $543 $62,572 $6,560 $56,012
2014 $541 $62,572 $6,560 $56,012
2013 $541 $62,572 $6,560 $56,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR9590084

Canopy MLS (Canopy Realtor® Association)

APN: 20952