NOT LISTED FOR SALE

3566 Merry Ridge Rd Tobaccoville, NC 27050

Estimated Value: $260,362 - $267,000

3 Beds
2 Baths
1,400 Sq Ft
$189/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $194,500 $139 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,490/month

49 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1 Car Garage
  • Porch
  • Ceiling Fan
  • Carpet

About This Home

As of November 2021

Great single family home on a private cul-de-sac corner lot. Outside you will enjoy a rocking chair front porch, freshly painted back deck, and partial wire fencing in back yard. Inside you will find some fresh paint, vinyl windows, built-in shelving, and a gas log fireplace. Laminate wood flooring in living room, dining room, and hall. Convenient kitchen and separate dining with lots of natural light. Expansion possibilities in basement plus one car basement garage. Large lot. Act fast to make this house your next home!

Last Agent to Sell the Property

Sandy Smith

Century 21 Echelon License #203264 Listed on: 08/04/2021

Century 21 Echelon

Last Buyer's Agent

Kolan Smith

Keller Williams Realty Elite License #255728

Keller Williams Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $130

Year Built

  • Built in 1985

Lot Details

  • 0.47 Acre Lot
  • Property is zoned RS20

Parking

  • 1 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dishwasher
  • Dryer Hookup
  • Unfinished Basement

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • The Meadows Subdivision

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 5981823793
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$130

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Subdivision Name: The Meadows
  • Directions: Hwy 52N to King/Tobaccoville Exit; Left across bridge to Right on Spainhour Mill Road; Left on Greenmeadow; Right on Merry Ridge; home on left.
  • Above Grade Finished Sq Ft: 1248
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1985
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1248
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage, Driveway, Garage Door Opener, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • 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: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 5981823793
  • Zoning: RS20
  • TRIADMLS_PricePerAcre: 404042.5532
  • TRIADMLS_DeedPage: 539
  • TRIADMLS_DeedBook: 3170
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 129.61
  • Tax Lot: 54
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.8258

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Nov 3, 2021
Sold by
Shoaf Joshua P and Shoaf Maya F
Bought by
Faircloth Kenzie Marshall and Faircloth Arlan Eugene
Seller's Agent
Sandy Smith
Century 21 Echelon
Buyer's Agent
Kolan Smith
Keller Williams Realty Elite
Sold Price
$194,500
Current Estimated Value
$264,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,341
Avg. Annual Appreciation
8.13%
Original Mortgage
$197,979
Outstanding Balance
$180,747
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$84,094

Purchase Details

Listed on
Oct 11, 2013
Closed on
Mar 14, 2014
Sold by
Workman Terri Sue
Bought by
Shoaf Joshua P and Shoaf Maya F
Seller's Agent
Elaine Calloway
Elaine Calloway Realty
Buyer's Agent
Sandy Smith
Century 21 Echelon
List Price
$124,900
Sold Price
$121,900
Premium/Discount to List
-$3,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$124,520
Interest Rate
4.35%
Mortgage Type
VA

Purchase Details

Closed on
Jan 15, 2008
Sold by
Workman Richard Ethan
Bought by
Workman Terri Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1999
Sold by
Greene David M and Greene Angela R
Bought by
Workman Richard Ethan and Workman Terri Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,736
Interest Rate
7.08%
Mortgage Type
FHA
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
Faircloth Kenzie Marshall $194,500 None Available
Shoaf Joshua P $122,000 None Available
Workman Terri Sue -- None Available
Workman Richard Ethan $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faircloth Kenzie Marshall $197,979
Previous Owner Shoaf Joshua P $124,520
Previous Owner Workman Terri Sue $112,500
Previous Owner Workman Richard Ethan $100,736
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2021 11/03/21 Sold $194,500 +59.6% $177 / Sq Ft
03/14/2014 03/14/14 Sold $121,900 -2.4% $97 / Sq Ft View Prior Sale
01/31/2014 01/31/14 Pending -- -- --
10/11/2013 10/11/13 For Sale $124,900 -- $99 / 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 $1,216 $234,600 $40,000 $194,600
2024 $1,216 $148,900 $32,000 $116,900
2023 $1,216 $148,900 $32,000 $116,900
2022 $1,214 $148,900 $32,000 $116,900
2021 $1,214 $148,900 $32,000 $116,900
2020 $1,062 $121,300 $25,000 $96,300
2019 $1,074 $121,300 $25,000 $96,300
2018 $1,034 $121,300 $25,000 $96,300
2016 $1,002 $116,957 $25,000 $91,957
2015 $990 $116,957 $25,000 $91,957
2014 $973 $116,957 $25,000 $91,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1036783

Triad MLS

APN: 5981-82-3793