NOT LISTED FOR SALE

406 Gerringer St Gibsonville, NC 27249

Estimated Value: $147,000 - $179,000

2 Beds
1 Bath
1,000 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $127,000 $127 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $981/month

2 Days on Market

Highlights

  • Built-In Refrigerator
  • Attic
  • Porch
  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Very Neat Ranch style home with 2 bedrooms and 1 bath in Gibsonville. Hardwood floors, dual pane windows, ceiling fans, range and refrigerator remain in eat-in kitchen. Large laundry room is not heated and is not included in square footage. Exterior features sidewalk, gravel drive, vinyl siding, gutters, covered stoop, and nice rear patio.
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Last Agent to Sell the Property

Gary Renigar

Keller Williams Central License #212661 Listed on: 04/19/2021

Keller Williams Central

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $561

Year Built

  • Built in 1948

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 62 x 132 x 63 x 133
  • Cleared Lot

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 888 Sq Ft Home
  • 700-1,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Dryer Hookup
  • Attic

Kitchen

  • Built-In Range
  • Built-In Refrigerator

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 11 / 37
  • Assessor Parcel Number 107564
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$561

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 62 x 132 x 63 x 133
  • Subdivision Name: None
  • Directions: From downtown Gibsonville take Piedmont Ave to righto on Boone St to left on Gerringer; home on right.
  • Above Grade Finished Sq Ft: 888
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1948
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 1000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Built-In Refrigerator
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 888
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot, Cleared
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Unknown
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Elon
  • High School: Western Alamance
  • Middle Or Junior School: Western

Lot Info

  • Parcel #: 107564
  • Zoning: SFR
  • TRIADMLS_PricePerAcre: 571428.5714
  • TRIADMLS_PlatPage: 76
  • TRIADMLS_DeedPage: 0709
  • TRIADMLS_DeedBook: 2834
  • TRIADMLS_PlatBook: 5
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 561
  • Tax Block: 37
  • Tax Lot: 11
  • Tax Map Number: 3
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 24, 2021
Sold by
Teague Jennifer
Bought by
Dyer William R
Seller's Agent
Gary Renigar
Keller Williams Central
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$120,000
Sold Price
$127,000
Premium/Discount to List
$7,000
5.83%
Current Estimated Value
$164,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,871
Avg. Annual Appreciation
8.26%
Original Mortgage
$101,600
Outstanding Balance
$93,240
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$84,700

Purchase Details

Closed on
Jul 17, 2009
Sold by
Hursey Charles Sylvest
Bought by
Teague Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,571
Interest Rate
5.27%
Mortgage Type
FHA
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
Dyer William R $127,000 None Available
Teague Jennifer $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dyer William R $101,600
Previous Owner Teague Jennifer $53,571
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $127,000 +5.8% $181 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $120,000 -- $171 / 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
2024 $980 $102,239 $22,957 $79,282
2023 $938 $102,239 $22,957 $79,282
2022 $549 $46,757 $22,957 $23,800
2021 $554 $46,757 $22,957 $23,800
2020 $558 $46,757 $22,957 $23,800
2019 $561 $46,757 $22,957 $23,800
2018 $0 $62,270 $25,000 $37,270
2017 $691 $62,270 $25,000 $37,270
2016 $655 $60,075 $18,750 $41,325
2015 $348 $60,230 $18,750 $41,480
2014 -- $60,230 $18,750 $41,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1020216

Triad MLS

APN: 107564