NOT LISTED FOR SALE

407 Chapel Hill Rd Spring Lake, NC 28390

Estimated Value: $122,000 - $144,401

3 Beds
2 Baths
1,193 Sq Ft
$110/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $75,000 $63 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $839/month

3 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Level Lot
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

Recently remodeled 3 BR 2 Bath home convenient to everything. 5 minutes from Fort Bragg. 5 Minutes to post and a short drive to Erwin or Lillington. New windows, flooring, siding. HVAC replaced in 2016. This home is a must see for $75K. Home is sold as is where is. New photos will be uploaded on Wednesday.

Last Agent to Sell the Property

Solomon Woods

WOODS REALTY TEAM, INC. License #297985 Listed on: 08/14/2020

Last Buyer's Agent

Solomon Woods

WOODS REALTY TEAM, INC. License #297985 Listed on: 08/14/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1963

Lot Details

  • 0.26 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Cleared Lot
  • Property is in good condition
  • Zoning described as R6 - Residential District

Home Design

  • 1,193 Sq Ft Home
  • Ranch Style House
  • Wood Frame Construction

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Manchester Elementary School
  • Spring Lake Middle School
  • Pine Forest Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • The lake is a source of water for the property
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: NA
  • Assessor Parcel Number 0502-71-7844

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,392

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Inclusions: As Shown
  • Ownership: More than a year
  • Subdivision Name: NONE
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1963
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Living Area: 1193.0

Exterior Features

  • Fencing: Back Yard
  • Lot Features: 1/4 to 1/2 Acre Lot, Cleared, Level
  • Topography: Cleared,Level
  • Exclusions: NA
  • Home Warranty: No
  • Construction Type: Wood Frame
  • Exterior Features: Fence
  • Property Condition: Good Condition

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level, In Unit
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Lake

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Manchester Elementary
  • High School: Pine Forest Senior High
  • Middle Or Junior School: Spring Lake Middle School

Lot Info

  • Parcel #: 0502-71-7844
  • Zoning Description: R6 - Residential District
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 21, 2020
Sold by
Woods Solomon
Bought by
Wallace Lula
Seller's Agent
Solomon Woods
WOODS REALTY TEAM, INC.
Buyer's Agent
Solomon Woods
WOODS REALTY TEAM, INC.
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$130,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,850
Avg. Annual Appreciation
12.19%
Original Mortgage
$67,500
Outstanding Balance
$60,611
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$70,707

Purchase Details

Listed on
Jan 18, 2013
Closed on
Mar 12, 2013
Sold by
Woods Investment Enterprise Ll
Bought by
Woods Solomon
Seller's Agent
TRACIE SPARKS
SPARKS AND FRYE REALTY, LLC.

Purchase Details

Closed on
Jun 21, 2006
Sold by
Johnson Jeffrey
Bought by
Woods Solomon
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
Wallace Lula $75,000 None Available
Woods Solomon -- --
Woods Solomon $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Lula $67,500
Previous Owner Woods Solomon $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $75,000 0.0% $63 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $75,000 0.0% $63 / Sq Ft
01/18/2013 01/18/13 Rented -- -- --
01/18/2013 01/18/13 For Rent -- -- --
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 $1,392 $47,961 $3,250 $44,711
2023 $1,392 $48,108 $3,250 $44,858
2022 $1,215 $48,108 $3,250 $44,858
2021 $1,215 $48,108 $3,250 $44,858
2019 $1,186 $58,400 $3,250 $55,150
2018 $1,186 $58,400 $3,250 $55,150
2017 $1,186 $58,400 $3,250 $55,150
2016 $1,172 $59,800 $3,250 $56,550
2015 $1,172 $59,800 $3,250 $56,550
2014 $1,172 $59,800 $3,250 $56,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 639883

Longleaf Pine REALTORS®

APN: 0502-71-7844