NOT LISTED FOR SALE

401 S Cedar Ave Newton, NC 28658

Estimated Value: $255,989 - $303,000

3 Beds
2 Baths
1,301 Sq Ft
$210/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $177,000 $136 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,565/month

80 Days on Market

About This Home

As of April 2020

All brick ranch with one level living and a full basement. This immaculately maintained home has been totally renovated by its owner right down to the sheetrock and insulation. Hardwood and tile floors, stainless appliances, quartz countertops, porcelain tile showers, new roof in 2015, replacement windows and more. Basement features a spacious workshop, garage and tons of storage space. Top it off with a beautiful 20x40 inground pool. Convenient location close to recently revitalized downtown Newton, Hwy 321, I-40, and Hwy 16. 45 minutes to Charlotte.

Last Agent to Sell the Property

Elizabeth Franklin

Realty Executives of Hickory License #281329 Listed on: 12/07/2019

Realty Executives of Hickory

Last Buyer's Agent

Kevin Castro

RE/MAX Prestige Legacy License #297026

RE/MAX Prestige Legacy

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 0.5

Parking

  • 1

Home Design

  • Brick Exterior Construction

Flooring

  • Wood
  • Carpet
  • Tile

Attic

  • Pull Down Stairs to Attic

Additional Features

  • 2 Full Bathrooms
  • In Ground Pool
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3740170147310000

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.95727
  • Ratio Close Price By Original Li: 0.95727
  • Ratio Current Price By Acre: 354000.00
  • Ratio Current Price By Sq Ft: 136.05
  • Year Built: 1967
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Woodstove
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Basement Shop, Cable Available
  • Laundry Location: Basement
  • Room Count: 2
  • Main Level Sq Ft: 1301
  • Total Sq Ft: 1301
  • Sq Ft Unheated Basement: 1301

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Pool-In-Ground

Garage/Parking

  • Parking: Basement, Garage - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 3740170147310000
  • Plat Book Slide: 13/79
  • Zoning Specification: R-11

Tax Info

  • Tax Value: 106020.00
  • Tax Location: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2019
Closed on
Apr 16, 2020
Sold by
Morgan Michael E
Bought by
Brown Kaleb and Buchanan Erica
Seller's Agent
Elizabeth Franklin
Realty Executives of Hickory
Buyer's Agent
Kevin Castro
RE/MAX Prestige Legacy
List Price
$184,900
Sold Price
$177,000
Premium/Discount to List
-$7,900
-4.27%
Current Estimated Value
$272,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,997
Avg. Annual Appreciation
7.81%
Original Mortgage
$179,000
Outstanding Balance
$154,082
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$118,915

Purchase Details

Closed on
Jul 1, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Morgan Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,510
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2008
Sold by
Winkler Kimberly S and Winkler Robert K
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 8, 2000
Bought by
Ball James M and Ball Amy H

Purchase Details

Closed on
Jan 1, 1997
Bought by
Anglin Linda Jean Jennings
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
Brown Kaleb $177,000 None Available
Morgan Michael E -- None Available
Federal Home Loan Mortgage Corporation $84,600 None Available
Ball James M $104,000 --
Anglin Linda Jean Jennings $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Kaleb $179,000
Previous Owner Morgan Michael E $80,510
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2020 04/17/20 Sold $177,000 -4.3% $136 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $184,900 0.0% $142 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
12/07/2019 12/07/19 For Sale $184,900 -- $142 / 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 $1,806 $212,800 $15,800 $197,000
2024 $1,806 $212,800 $15,800 $197,000
2023 $1,806 $212,800 $15,800 $197,000
2022 $1,305 $117,000 $13,900 $103,100
2021 $1,305 $117,000 $13,900 $103,100
2020 $1,203 $107,900 $13,900 $94,000
2019 $1,203 $107,900 $0 $0
2018 $1,182 $106,000 $14,600 $91,400
2017 $1,182 $0 $0 $0
2016 $1,182 $0 $0 $0
2015 $1,103 $106,020 $14,600 $91,420
2014 $1,103 $109,200 $11,900 $97,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3573757

Canopy MLS (Canopy Realtor® Association)

APN: 3740170147310000