NOT LISTED FOR SALE

3861 Mount Olive Church Rd Taylorsville, NC 28681

Estimated Value: $328,000 - $441,000

5 Beds
2 Baths
2,368 Sq Ft
$163/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $179,900 $76 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,229/month

95 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Porch
  • Wood Flooring
  • No HOA
  • Detached Carport Space

About This Home

As of November 2014

Beautiful farm house located on 5.2 acres in the Sugar Loaf community in Alexander County, Home is one the oldest in the area and is filled with history and character. Mini orchard with 100 apple trees, cabin, horse shelter with fenced in field, appx. 24 X 28 barn was recently built, and cave are all located on the property. 700' of road frontage. Clear running creek boarders the property. Recently painted home has gorgeous yard with flower beds. Updated heating and air units and appliances. Kitchen has p

Last Agent to Sell the Property

Sherrill Faw

Sherrill Faw Realty, LLC License #27653 Listed on: 07/08/2014

Last Buyer's Agent

Sherrill Faw

Sherrill Faw Realty, LLC License #27653 Listed on: 07/08/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 1867

Lot Details

  • 5.2

Home Design

  • Colonial Architecture
  • Tar and Gravel Roof

Interior Spaces

  • 2,368 Sq Ft Home
  • Ceiling Fan
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • No Garage
  • Detached Carport Space

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • 5.2 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0012251

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,587

Year Built

Built in 1867

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 5.2
  • Lot Size: 5.2
  • Road Frontage Type: Public
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: N/A
  • Directions: Take NC Highway 16 S/NC-16. Continue to follow NC-16 for 6.1 miles, Right on Mt.Olive Church Rd, go 0.5 miles, house is on the right
  • Above Grade Finished Sq Ft: 2368
  • Architectural Style: Colonial
  • Year Built: 1867
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 2368
  • TRIADMLS_ApproxSqFtRange: 2200 - 2400 SF

Exterior Features

  • Construction Type: See Remarks

Garage/Parking

  • Parking Features: Detached Carport, No Garage
  • Garage Description: Detached Carport, None

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0012251
  • TRIADMLS_AcresRange: 4-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2014
Closed on
Nov 21, 2014
Sold by
Michalak Mark
Bought by
Scott Michelle and Fox Christopher Patrick
Seller's Agent
Sherrill Faw
Sherrill Faw Realty, LLC
Buyer's Agent
Sherrill Faw
Sherrill Faw Realty, LLC
List Price
$179,900
Sold Price
$179,900
Current Estimated Value
$385,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,737
Avg. Annual Appreciation
7.32%
Original Mortgage
$176,641
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2006
Sold by
Chapman Louise Davis
Bought by
Michalak Mark T and Michalak Ellen Boden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.29%
Mortgage Type
New Conventional
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
Scott Michelle $180,000 None Available
Michalak Mark T $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Christopher $169,863
Closed Scott Michelle $176,641
Previous Owner Michalak Mark T $17,605
Previous Owner Michalak Mark T $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $179,900 0.0% $76 / Sq Ft
10/11/2014 10/11/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $179,900 -- $76 / 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 $1,587 $218,870 $41,019 $177,851
2024 $1,631 $218,870 $41,019 $177,851
2023 $1,631 $218,870 $41,019 $177,851
2022 $992 $114,714 $28,700 $86,014
2021 $992 $114,714 $28,700 $86,014
2020 $992 $114,714 $28,700 $86,014
2019 $992 $114,714 $28,700 $86,014
2018 $981 $114,714 $28,700 $86,014
2017 $981 $114,714 $28,700 $86,014
2016 $981 $114,714 $28,700 $86,014
2015 $981 $114,714 $28,700 $86,014
2014 $981 $128,840 $28,700 $100,140
2012 -- $128,840 $28,700 $100,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: K59980

Triad MLS

APN: 0012251