NOT LISTED FOR SALE

3968 Hollywood Ridge Rd Unit 5 Lenoir, NC 28645

Estimated Value: $263,000 - $334,262

4 Beds
2 Baths
-- Sq Ft
1.57 Acres

Last Sold December 13, 2022

Last sale price $125,000

Est. 144% increase in value since last sale

Current estimated payment $1,685/month

6 Days on Market

Highlights

  • Living Room with Fireplace
  • Front Porch
  • More Than Two Accessible Exits
  • Ranch Style House
  • Laundry Room
  • Shed

About This Home

As of December 2022

This neglected 3 BR 1.5 bath brick home with full basement is located in the beautiful serene area of Caldwell County known as "Happy Valley." It is situated on a 1.57 acre lot with awesome garden space and/or a small pasture. The house itself needs total renovation from top to bottom. The living room has a very attractive fireplace and is indicative of the original beauty of the home. There is a detached shed that also needs work. If you are a carpenter/builder this might just be a great opportunity for you. Cash offers only. Sold totally "as is." A shared well ageement will be needed. A neighbor currently shares the well.

Last Agent to Sell the Property

Reva Pennell

Pennell Properties License #40277 Listed on: 11/29/2022

Last Buyer's Agent

Marlon Rodriguez

MAR Properties, L.L.C. License #308764

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $953

Year Built

  • Built in 1968

Lot Details

  • Fenced
  • Level Lot
  • Cleared Lot
  • Property is zoned RA20, RA20

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asbestos Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Front Porch

Schools

  • Happy Valley Elementary School
  • William Lenoir Middle School
  • Hibriten High School

Utilities

  • Heating System Uses Propane
  • Shared Well
  • Septic Tank

Additional Features

  • More Than Two Accessible Exits
  • Machine Shed

Listing and Financial Details

  • Assessor Parcel Number 12 15 1 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$953

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1968
  • Ratio Current Price By Acre: 79617.83
  • Restrictions: N/A
  • Road Surface Type: Concrete, Dirt
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Block, Slab
  • Flooring: Carpet, Linoleum, Vinyl
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 0
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1284
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 1338
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 2622
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Front
  • Appliances: None
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Shed(s), Tractor Shed
  • New Construction: No
  • Roof: Asbestos Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 2 Car, Driveway

Utilities

  • Heating: None, Propane
  • Sewer: Septic Installed
  • Water Heater: None
  • Laundry Features: Main Level, Utility Room
  • Water Source: Shared Well

Schools

  • Middle Or Junior School: William Lenoir
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Level, Mountain View
  • Lot Size Units: Acres
  • Parcel Number: 12 15 1 5
  • Zoning Description: RA20
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.10204

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Happy Valley
  • High School: Hibriten

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2023
Sold by
Vs Acevedo Llc
Bought by
Borders Merritt and Borders Mary
Current Estimated Value
$305,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,935
Outstanding Balance
$265,637
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$39,679

Purchase Details

Listed on
Nov 29, 2022
Closed on
Dec 9, 2022
Sold by
Murphy Shirley Ruth
Bought by
Vs Acevedo Llc
Seller's Agent
Reva Pennell
Pennell Properties
Buyer's Agent
Marlon Rodriguez
MAR Properties, L.L.C.
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.50%
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
Borders Merritt $288,000 None Listed On Document
Borders Merritt $288,000 None Listed On Document
Vs Acevedo Llc $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borders Merritt $272,935
Closed Borders Merritt $272,935
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2022 12/13/22 Sold $125,000 -7.4% --
12/05/2022 12/05/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $135,000 -- --
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 $953 $243,000 $21,100 $221,900
2024 $953 $122,500 $18,000 $104,500
2023 $953 $122,500 $18,000 $104,500
2022 $600 $122,500 $18,000 $104,500
2021 $586 $122,500 $18,000 $104,500
2020 $827 $108,500 $18,000 $90,500
2019 $827 $108,500 $18,000 $90,500
2018 $493 $108,500 $0 $0
2017 $493 $108,500 $0 $0
2016 $491 $108,500 $0 $0
2015 $456 $108,500 $0 $0
2014 $456 $108,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3922550

Canopy MLS (Canopy Realtor® Association)

APN: 12-15-1-5