NOT LISTED FOR SALE

340 Folly Farms Cir Mount Airy, NC 27030

Estimated Value: $296,000 - $314,000

3 Beds
2 Baths
1,800 Sq Ft
$169/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $237,000 $132 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,761/month

10 Days on Market

Highlights

  • No HOA
  • Attached Carport
  • Ceiling Fan
  • Mount Airy High School Rated A-
  • Central Air

About This Home

As of December 2021

Back On Market! No Fault of Sellers!! Your new home is tucked away in this quiet and cozy neighborhood! This beautiful house is a three bedroom and two bathroom brick rancher. This home features a two car carport, laundry room on main, and a beautiful teal fireplace. There are two great rooms with an open floor plan into the kitchen and dining area. Large front porch, perfect for your rocking chairs. The backyard is equipped with a firepit, wooden playset, and raised garden beds. Stainless Steel Appliances, Central heat and air and previous owner installed vapor barrier in crawlspace. Highly Motivated Seller!! Schedule your showing today!!

Last Agent to Sell the Property

Abby Hazel

New River Education & Brokerage, LLC License #304590 Listed on: 11/03/2021

Co-Listed By

Emily Parker

LPT Realty, LLC License #306768

Last Buyer's Agent

Jose Melendez

MCA Realty Int & Building Co. LLC License #280575

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,135

Year Built

  • Built in 1971

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 166 x 122 x 180 x 109
  • Property is zoned R8

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,644 Sq Ft Home
  • 1,400-1,800 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Den with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Mt Airy Middle School
  • Mt Airy High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 503113124927
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,135

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Lot Size: 166 x 122 x 180 x 109
  • Co List Office Mls Id: WCOL09
  • Co List Office Phone: 336-673-0639
  • Subdivision Name: None
  • Directions: GPS to 340 Folly Farms Circle, Mount Airy NC 27030
  • Above Grade Finished Sq Ft: 1644
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1971
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1800
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Ceiling Fan(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1644
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Tharrington/Jones
  • High School: Mt Airy
  • Middle Or Junior School: Mt Airy

Lot Info

  • Parcel #: 503113124927
  • Zoning: R8
  • TRIADMLS_PricePerAcre: 553658.5366
  • TRIADMLS_PlatPage: 0124
  • TRIADMLS_DeedPage: 100
  • TRIADMLS_DeedBook: 01727
  • TRIADMLS_PlatBook: 006
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1135
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 29, 2021
Sold by
Richardson Amanda
Bought by
Hernandez Edgard H and Cisneros Kristal M
Seller's Agent
Abby Hazel
New River Education & Brokerage, LLC
Buyer's Agent
Jose Melendez
MCA Realty Int & Building Co. LLC
Sold Price
$237,000
Current Estimated Value
$304,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,847
Avg. Annual Appreciation
5.15%
Original Mortgage
$210,600
Outstanding Balance
$201,597
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$83,269

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 18, 2020
Sold by
Caldwell Gregory W and Caldwell Desiree M
Bought by
Richardson Amanda
Seller's Agent
Taylor Coalson
The Granite City Group
Buyer's Agent
Emily Parker
LPT Realty, LLC
Sold Price
$164,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.76%
Original Mortgage
$166,565
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2018
Closed on
May 24, 2018
Sold by
Soule Nathan E and Soule Rebecca A
Bought by
Caldwell Gregory W and Caldwell Desiree M
Seller's Agent
Jodi Tate
Blue Door Group Real Estate
Buyer's Agent
Holli Nowlin
The Greenhill Group, Holli Nowlin, Inc
List Price
$150,000
Sold Price
$146,000
Premium/Discount to List
-$4,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$138,700
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 5, 2012
Closed on
Mar 21, 2014
Sold by
Jones Pike Patricia
Bought by
Soule Nathan Eric and Soule Rebecca Anne
Buyer's Agent
Sandra Richards
Yadkin Valley Real Estate
List Price
$153,900
Sold Price
$142,000
Premium/Discount to List
-$11,900
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
Original Mortgage
$144,897
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1989

Purchase Details

Closed on
Jul 1, 1971
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
Hernandez Edgard H $237,000 None Available
Richardson Amanda $165,000 None Available
Caldwell Gregory W $146,000 --
Soule Nathan Eric $142,000 None Available
-- $74,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Edgard H $210,600
Previous Owner Richardson Amanda $166,565
Previous Owner Caldwell Gregory W $138,700
Previous Owner Soule Nathan Eric $144,897
Previous Owner Pike Patricia Jones $92,000
Previous Owner Pike Patricia Jones $61,400
Previous Owner Pike Patricia Jones $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $237,000 +43.7% $169 / Sq Ft
09/18/2020 09/18/20 Sold $164,900 +12.9% $118 / Sq Ft
05/31/2018 05/31/18 Sold $146,000 -2.7% $104 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $150,000 +5.6% $107 / Sq Ft
03/21/2014 03/21/14 Sold $142,000 -7.7% $86 / Sq Ft
01/04/2014 01/04/14 Pending -- -- --
09/05/2012 09/05/12 For Sale $153,900 -- $94 / Sq Ft
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 $1,205 $175,570 $22,000 $153,570
2023 $1,186 $175,570 $22,000 $153,570
2022 $1,186 $175,570 $22,000 $153,570
2021 $1,135 $164,880 $22,000 $142,880
2020 $1,106 $153,250 $22,000 $131,250
2019 $1,103 $153,250 $22,000 $131,250
2018 $1,081 $154,850 $0 $0
2017 $1,096 $152,740 $0 $0
2016 $1,081 $152,740 $0 $0
2013 -- $156,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1048259

Triad MLS

APN: 5031-13-12-4927