NOT LISTED FOR SALE

350 S Ashe Ave Newton, NC 28658

Estimated Value: $124,000 - $167,000

2 Beds
2 Baths
775 Sq Ft
$194/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $127,000 $164 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $906/month

116 Days on Market

Highlights

  • Wooded Lot
  • Laundry Room
  • Kitchen Appliances
  • Walk-In Closet
  • More Than Two Accessible Exits
  • Tile Flooring

About This Home

As of September 2022

Check out the location of this cute 2 bedroom 2 bath located minutes from downtown Newton. This home sits on .51 acres. As you enter into the spacious living area you will see it is open into the kitchen. All appliances will convey with the sale of this property. New laminate floors and freshly cleaned carpet will be sure to catch your eye. Enjoy sitting on your front or back porch. This home is located in the city limits. City water, sewer, and trash pickup. Schedule your showing today!

Last Agent to Sell the Property

Whitney Willey

RE/MAX Living License #321004 Listed on: 05/24/2022

RE/MAX Living

Last Buyer's Agent

Karen Cross

EXP Realty LLC Mooresville License #334020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,055

Year Built

  • Built in 1945

Lot Details

  • Wooded Lot
  • Property is zoned R-7, Newton

Parking

  • On-Street Parking

Home Design

  • 775 Sq Ft Home
  • Vinyl Siding

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Accessible Home Design

  • Kitchen Appliances
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Schools

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

Utilities

  • Central Heating
  • Heat Pump System
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Oven
  • Laundry Room

Listing and Financial Details

  • Assessor Parcel Number 373020829142

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,055

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1945
  • Ratio Current Price By Acre: 249019.61
  • Doors and Windows: Insulated Windows
  • Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 163.87
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance, Block
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Cable Available, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 775
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Covered,Front
  • Appliances: Natural Gas, Oven, Refrigerator
  • Accessibility Features: Two or More Access Exits, Accessible Kitchen Appliances, Door Width 32 Inches or More
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 775
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Wired Internet Available
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Newton
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: On Street, Parking Space

Utilities

  • Heating: Central, Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: Newton Conover
  • HOA Subject To: None

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.51
  • Lot Size Units: Acres
  • Parcel Number: 373020829142
  • Zoning Description: Newton
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.55906

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Sep 8, 2022
Sold by
Michael Simolke
Bought by
Marquez Brandon and Lopez-Morales Brenda
Seller's Agent
Whitney Willey
RE/MAX Living
Buyer's Agent
Karen Cross
EXP Realty LLC Mooresville
List Price
$160,000
Sold Price
$127,000
Premium/Discount to List
-$33,000
-20.62%
Views
43
Current Estimated Value
$150,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,134
Avg. Annual Appreciation
5.82%
Original Mortgage
$124,699
Outstanding Balance
$119,348
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$30,786

Purchase Details

Closed on
Apr 23, 2021
Sold by
Simolke Lindsey
Bought by
Simolke Michael

Purchase Details

Closed on
Dec 19, 2018
Sold by
Dass Properties Llc
Bought by
Simolke Michael and Simolke Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2015
Sold by
Williams M Elizabeth
Bought by
Dass Properties Llc

Purchase Details

Closed on
Mar 31, 2014
Sold by
Dass Properties Llc
Bought by
Superior Solutions Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2010
Sold by
Samples Steven D
Bought by
Dass Properties Llc

Purchase Details

Closed on
Mar 27, 2003

Purchase Details

Closed on
Sep 8, 1994
Bought by
Samples Darwin H
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
Marquez Brandon $127,000 --
Simolke Michael -- None Available
Simolke Michael -- None Listed On Document
Simolke Michael $55,000 None Available
Dass Properties Llc $345,000 Attorney
Superior Solutions Rentals Llc $631,000 None Available
Dass Properties Llc -- None Available
-- -- --
Samples Darwin H $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Brandon $124,699
Previous Owner Simolke Michael $45,000
Previous Owner Superior Solutions Rentals Llc $670,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $127,000 -2.3% $164 / Sq Ft
07/23/2022 07/23/22 Price Changed $130,000 -7.1% $168 / Sq Ft
07/14/2022 07/14/22 Price Changed $140,000 -6.7% $181 / Sq Ft
06/30/2022 06/30/22 Price Changed $150,000 -3.2% $194 / Sq Ft
06/15/2022 06/15/22 Price Changed $155,000 -3.1% $200 / Sq Ft
05/20/2022 05/20/22 For Sale $160,000 0.0% $206 / Sq Ft
03/28/2019 03/28/19 Rented $800 -11.1% --
03/13/2019 03/13/19 For Rent $900 -- --
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 $1,055 $124,300 $16,000 $108,300
2024 $1,055 $124,300 $16,000 $108,300
2023 $1,055 $124,300 $16,000 $108,300
2022 $566 $50,800 $14,100 $36,700
2021 $566 $50,800 $14,100 $36,700
2020 $566 $50,800 $14,100 $36,700
2019 $566 $50,800 $0 $0
2018 $536 $48,100 $14,800 $33,300
2017 $536 $0 $0 $0
2016 $536 $0 $0 $0
2015 $472 $48,100 $14,800 $33,300
2014 $472 $46,700 $14,700 $32,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3862951

Canopy MLS (Canopy Realtor® Association)

APN: 3730208291420000