NOT LISTED FOR SALE

401 S Main St Broadway, NC 27505

Estimated Value: $278,000 - $308,000

5 Beds
2 Baths
2,116 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $150,000 $71 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,773/month

29 Days on Market

Highlights

  • 1.3 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Wood Flooring
  • Attic
  • Formal Dining Room

About This Home

As of May 2019

Welcome Home! This quaint 5 bedroom/2 bath home in downtown Broadway is situated on a beautifully landscaped 1.3-acre lot. Large rooms throughout with owners suite on the main floor. The updated kitchen has new ceramic floors & backsplash with double farm sink & new appliances. Owners bath has stand up shower & has been recently remodeled. The living room has a built-in fireplace with gas logs & is quite cozy. New gas pak recently installed. This is an opportunity you will not want to miss, make your appointment today!

Last Agent to Sell the Property

LISA YORK

SMITH GROUP REALTY LLC License #254467 Listed on: 03/06/2019

Co-Listed By

JEAN MOORE

SMITH GROUP REALTY LLC License #214351

Last Buyer's Agent

Corinne Smith

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE License #0

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,397

Year Built

  • Built in 1940

Lot Details

  • 1.3 Acre Lot
  • Level Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,116 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Formal Dining Room
  • Crawl Space
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Storage
  • Rear Porch
  • Stoop

Schools

  • Broadway Elementary School
  • East Lee Middle School
  • Lee County High School

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9681-48-9648-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,397

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Co List Office Mls Id: 8240
  • Co List Office Phone: 919-775-5444
  • Inclusions: None
  • Ownership: More than a year
  • Subdivision Name: NOT IN SUBDIVISION
  • Directions: Main St Broadway right past the school on the right headed towards 421.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Attic, Ceiling Fan(s), Separate/Formal Dining Room, Master Downstairs
  • Living Area: 2116.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1-2 Acres, Level
  • Topography: Level
  • Exclusions: None
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Porch, Storage
  • Patio And Porch Features: Rear Porch, Stoop

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Unit
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Broadway Elementary
  • High School: Lee County High
  • Middle Or Junior School: East Lee Middle

Lot Info

  • Parcel #: 9681-48-9648-00
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
May 15, 2019
Sold by
Kornegay Dustin L and Kornegay Elizabeth C
Bought by
Covert Kensey M
Seller's Agent
LISA YORK
SMITH GROUP REALTY LLC
Buyer's Agent
Corinne Smith
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
List Price
$157,500
Sold Price
$150,000
Premium/Discount to List
-$7,500
-4.76%
Total Days on Market
29
Current Estimated Value
$296,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,354
Avg. Annual Appreciation
11.91%
Original Mortgage
$145,000
Outstanding Balance
$128,296
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$168,058

Purchase Details

Closed on
Dec 29, 2014
Sold by
Maddox Josephine P and Maddox Philip C
Bought by
Kornegay Dustin L and Kornegay Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,653
Interest Rate
3.77%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Covert Kensey M $150,000 None Available
Kornegay Dustin L $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covert Kensey M $145,000
Closed Covert Kensey M $8,000
Previous Owner Kornegay Dustin L $132,653
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $150,000 -4.8% $71 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $157,500 -- $74 / Sq Ft
Source: Longleaf Pine REALTORS®

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
2024 $2,397 $193,800 $32,800 $161,000
2023 $2,328 $193,800 $32,800 $161,000
2022 $1,933 $140,000 $32,000 $108,000
2021 $2,050 $140,000 $32,000 $108,000
2020 $2,048 $140,000 $32,000 $108,000
2019 $2,035 $140,000 $32,000 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 602112

Longleaf Pine REALTORS®

APN: 9681-48-9648-00