NOT LISTED FOR SALE

347 Millingport Ln New London, NC 28127

Estimated Value: $514,000 - $992,000

4 Beds
4 Baths
3,200 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 11, 2013

Last sale price $380,000 $119 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,415/month

318 Days on Market

Highlights

  • Lake Front
  • Deck
  • Wood Flooring
  • Newly Remodeled
  • Traditional Architecture
  • Screened Porch

About This Home

As of March 2013

This home is located at 347 Millingport Ln, New London, NC 28127 since 22 March 2012 and is currently estimated at $743,124, approximately $232 per square foot. This property was built in 2008. 347 Millingport Ln is a home located in Montgomery County with nearby schools including Troy Elementary School, Page Street Elementary School, and West Middle School.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,637

Year Built

  • Built in 2008 | Newly Remodeled

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 62x154x61x154
  • Lake Front

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Concrete Siding
  • Stone

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Screened Porch
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Schools

  • West Middle School
  • West Montgomery High School

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Uwharrie Point Subdivision

Listing and Financial Details

  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,637

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

HOA Fees

$305 per month

Parking

2

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 62x154x61x154
  • Subdivision Name: Uwharrie Point
  • Directions: From Greensboro take US Route 220 South to NC Route 49 South. Follow NC Route 49 South towards Charlotte for approx. 25 miles to a flashing light (B.P. and Chevron stations) turn left. Follow the directional sign about 3 miles to the Uwharrie Point entry
  • Above Grade Finished Sq Ft: 3200
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: Yes
  • Year Built: 2008
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3200
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_ElevatorYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Cook Top,Dishwasher,Disposal,Exhaust Fan, Water Heater: Electric
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dryer Connection, Garage Door Opener(s), Gas Logs, Washer Connection
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 3200
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Deck, Screened Porch
  • Lot Features: Lake Front
  • Construction Type: Cementeous Siding, Stone
  • Flood Zone: Not in Flood Zone
  • Completion Date: 2008-02-01T05:00:00.000Z

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public
  • Laundry Features: Dryer Connection, Washer Connection
  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association Fee: 916
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Troy
  • High School: West Montgomery
  • Middle Or Junior School: West

Lot Info

  • Zoning: Residential

Tax Info

  • Tax Map Number: 0
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2012
Closed on
Mar 1, 2013
Sold by
Esposito Barbara A and Esposito James S
Bought by
Foster Steven E and Foster Janet M
List Price
$498,000
Sold Price
$380,000
Premium/Discount to List
-$118,000
-23.69%
Current Estimated Value
$743,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,124
Avg. Annual Appreciation
5.45%
Original Mortgage
$304,000
Outstanding Balance
$213,159
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$529,965

Purchase Details

Closed on
Jun 26, 2006
Sold by
Esposito James S
Bought by
Esposito Barbara A

Purchase Details

Closed on
May 16, 2006
Sold by
Peifer Chris A and Peifer Susan H
Bought by
Esposito James S and Esposito Barbara A
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 Buyer Sale Price Title Company
Foster Steven E $380,000 None Available
Esposito Barbara A -- --
Esposito James S $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Steven E $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2013 03/11/13 Sold $380,000 -23.7% $119 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
03/22/2012 03/22/12 For Sale $498,000 -- $156 / 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
2025 $2,637 $384,937 $52,500 $332,437
2024 $2,637 $384,937 $52,500 $332,437
2023 $2,637 $384,937 $52,500 $332,437
2022 $2,234 $384,937 $52,500 $332,437
2021 $2,579 $384,937 $52,500 $332,437
2020 $2,579 $384,937 $52,500 $332,437
2018 $3,303 $489,296 $78,750 $410,546
2017 $3,303 $489,296 $78,750 $410,546
2016 $3,252 $481,738 $78,750 $402,988
2015 $2,994 $475,200 $0 $0
2014 $2,994 $475,201 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 637892

Triad MLS

APN: 6672-05-09-8836