NOT LISTED FOR SALE

408 S Wadesboro Blvd Mount Gilead, NC 27306

Estimated Value: $140,000 - $181,000

2 Beds
1 Bath
1,141 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $135,000 $118 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $916/month

30 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Covered Patio or Porch
  • Traditional Architecture
  • No HOA
  • Separate Outdoor Workshop

About This Home

As of October 2022

Check out this newly renovated 1922 charming home set in the quaint town of Mount Gilead, NC. While the home has a 19th-century feel, the home boasts many upgrades, like the refurbished farmhouse sink with a gold faucet, lots of cabinet space, new flooring, an updated bathroom with a solid stone vessel sink, an underground dog fence, and an ADT Security system! Home is just a short walk from downtown Mount Gilead which offers food, shopping, a hardware store, and a lovely coffee shop. Welcome home!
NOTE: Tax records say the house is a 3 bedroom, the dining room is the 3rd bedroom but could be converted.
Home is owned by listing agent!

Last Agent to Sell the Property

Titus Dorman

Redwood Realty Group LLC Brokerage Email: titusdorman@gmail.com License #282463 Listed on: 07/31/2022

Last Buyer's Agent

Roxie Andrade

EXP Realty LLC Ballantyne License #275184

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $521

Year Built

  • Built in 1922

Lot Details

  • 0.56 Acre Lot
  • Property is zoned R-8

Parking

  • 1 Car Detached Garage
  • Detached Carport Space

Home Design

  • Traditional Architecture
  • Asbestos
  • Hardboard

Interior Spaces

  • 1,141 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crawl Space
  • Home Security System

Kitchen

  • Electric Oven
  • Electric Cooktop

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Accessible Home Design

  • Grab Bar In Bathroom
  • Handicap Accessible
  • More Than Two Accessible Exits

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6593-16-93-3441

Home Details

Home Type

Single Family

Est. Annual Taxes

$521

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1922
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Other
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 118.32
  • Attribution Contact: titusdorman@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Vinyl, Wood
  • Interior Amenities: Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1141
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater
  • Above Grade Finished Sq Ft: 1141
  • Accessibility Features: Two or More Access Exits, Accessible, Bath Grab Bars
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Other - See Remarks
  • Living Area: 1141
  • Bedroom Main: 3
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Other - See Remarks
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 1000
  • Construction Type: Asbestos, Hardboard Siding
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 458
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Carport, Detached Garage

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s), Security System
  • Water Source: City, Well

Condo/Co-op/Association

  • Complex Name: None
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.56
  • Lot Size Units: Acres
  • Parcel Number: 6593-16-93-3441
  • Development Status: Completed
  • Lot Size Acres: 0.56
  • Lot Size Sq Ft: 24393
  • Additional Parcels Description: 659316932303
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-8

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
Trustee Services Of Carolina Llc
Bought by
Federal National Mortgage Association
Current Estimated Value
$160,147

Purchase Details

Listed on
Jul 31, 2022
Closed on
Oct 20, 2022
Sold by
Dorman Titus and Dorman Summer
Bought by
Whitley Karen Nicole
Seller's Agent
Titus Dorman
Redwood Realty Group LLC
Buyer's Agent
Roxie Andrade
EXP Realty LLC Ballantyne
List Price
$139,772
Sold Price
$135,000
Premium/Discount to List
-$4,772
-3.41%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$129,500
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2022
Sold by
Edward Clinton Theodore
Bought by
Dorman Titus and Dorman Summer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 18, 2010
Sold by
Boyd Leif Erickson
Bought by
Clinton Theodore Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2004
Bought by
Clinton Theodore E
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
Federal National Mortgage Association $63,000 None Listed On Document
Federal National Mortgage Association $63,000 None Listed On Document
Whitley Karen Nicole $135,000 --
Dorman Titus $50,000 Lowder Mark T
Clinton Theodore Edward $45,000 --
Clinton Theodore E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitley Karen Nicole $129,500
Previous Owner Dorman Titus $30,000
Previous Owner Clinton Theodore Edward $40,500
Closed Whitley Karen Nicole $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $135,000 0.0% $118 / Sq Ft
08/24/2022 08/24/22 Price Changed $135,000 -3.4% $118 / Sq Ft
07/31/2022 07/31/22 For Sale $139,772 -- $122 / 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
2024 $521 $42,912 $6,160 $36,752
2023 $509 $42,912 $6,160 $36,752
2022 $509 $42,912 $6,160 $36,752
2021 $212 $42,912 $6,160 $36,752
2020 $212 $42,912 $6,160 $36,752
2019 $158 $38,300 $6,160 $32,140
2018 $158 $38,300 $6,160 $32,140
2017 $158 $38,300 $6,160 $32,140
2016 $158 $38,300 $6,160 $32,140
2015 $152 $38,300 $0 $0
2014 $152 $38,272 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3889685

Canopy MLS (Canopy Realtor® Association)

APN: 6593-16-93-3441