NOT LISTED FOR SALE

363 Morgan Ford Rd Olin, NC 28660

Estimated Value: $245,000 - $382,000

3 Beds
3 Baths
1,712 Sq Ft
$191/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $215,000 $126 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,929/month

80 Days on Market

Highlights

  • Under Construction
  • Covered Patio or Porch
  • Cabin
  • Wooded Lot
  • Wood Siding

About This Home

As of January 2023

Looking for privacy? This is it! Over 13 acres and a partially finished cabin is ready for you to bring your house plans and make it your own. Construction was started on this cabin but has not been completed. With over 13 acres, you can enjoy the privacy and scenery of gorgeous trees from every angle. Seller installed a new septic tank on the property. Come check out this unique property today!

Last Agent to Sell the Property

Tricia Strickland

Lantern Realty & Development, LLC License #314178 Listed on: 11/11/2022

Lantern Realty & Development, LLC

Last Buyer's Agent

Phillip Davis

eXp Realty, LLC License #316460

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • Sloped Lot
  • Wooded Lot
  • Zoning described as RA

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding

Parking

  • Garage
  • Basement Garage

Additional Features

  • Covered Patio or Porch
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4833-00-6845.000

Home Details

Home Type

Single Family

Year Built

Built in 2022 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2022
  • Ratio Current Price By Acre: 16399.69
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2023-03-31
  • Road Surface Type: Dirt
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 125.58
  • Special Features: NewHome

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: See Remarks
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1712
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1200
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1200
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Front
  • Appliances: None
  • Living Area: 1712

Exterior Features

  • New Construction: Yes
  • Roof: Metal
  • Construction Status: Under Construction
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Basement

Utilities

  • Heating: None
  • Sewer: Septic Installed
  • Water Heater: None
  • Laundry Features: None
  • Water Source: Well

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Sloped, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 4833-00-6845.000
  • Additional Parcels Description: 4833-11-1368.000
  • Zoning Description: RA
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 27.12347

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2024
Sold by
Miller Lukas James and Ashley Rowe
Bought by
Miller Ashley and Miller Lukas James
Current Estimated Value
$327,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Outstanding Balance
$357,175
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
-$30,020

Purchase Details

Listed on
Nov 11, 2022
Closed on
Jan 30, 2023
Sold by
Neff Linda Harrell
Bought by
Miller Lukas James and Miller Ashley Rowe
Seller's Agent
Tricia Strickland
Lantern Realty & Development, LLC
Buyer's Agent
Phillip Davis
eXp Realty, LLC
List Price
$199,900
Sold Price
$215,000
Premium/Discount to List
$15,100
7.55%
Views
146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.40%

Purchase Details

Closed on
Feb 6, 2015
Sold by
Moore Ronald K and Moore Martha Sue
Bought by
Neff Linda

Purchase Details

Closed on
Jul 15, 2009
Sold by
Acovski Jose and Acovski Agnes
Bought by
Moore Ronald K and Moore Martha Sue

Purchase Details

Closed on
May 28, 2008
Sold by
Moore Ronnie K and Moore Martha Sue
Bought by
Acovski Jose and Acovski Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1994
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miller Ashley -- None Listed On Document
Miller Lukas James $215,000 --
Neff Linda $90,000 None Available
Moore Ronald K $130,000 None Available
Acovski Jose $150,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Ashley $363,000
Previous Owner Acovski Jose $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $215,000 +7.6% $126 / Sq Ft
11/11/2022 11/11/22 For Sale $199,900 -- $117 / 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
2025 $2,619 $419,160 $67,940 $351,220
2024 $2,619 $174,040 $67,940 $106,100
2023 $853 $134,410 $67,940 $66,470
2022 $754 $121,390 $58,230 $63,160
2021 $675 $121,390 $58,230 $63,160
2020 $675 $121,390 $58,230 $63,160
2019 $666 $121,390 $58,230 $63,160
2018 $607 $110,600 $58,230 $52,370
2017 $787 $110,600 $58,230 $52,370
2016 $787 $110,600 $58,230 $52,370
2015 $402 $53,990 $48,790 $5,200
2014 $352 $54,010 $48,810 $5,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3922454

Canopy MLS (Canopy Realtor® Association)

APN: 4833-00-6845.000