NOT LISTED FOR SALE

40965 Millingport Rd Richfield, NC 28137

Estimated Value: $198,000 - $373,000

6 Beds
5 Baths
2,600 Sq Ft
$111/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $170,000 $65 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,643/month

90 Days on Market

Highlights

  • Wooded Lot
  • Laundry Room
  • Central Heating
  • Ranch Style House
  • Shed
  • Level Lot

About This Home

As of March 2022

Beautiful multi-acreage setting with GREAT POTENTIAL! Brick ranch with end unit apartment and basement apartment; however, the property has damage from roof leaks in existence for several years! This single family home once functioned with a total of 6 bedrooms and 5 baths. Over 2600+ HSF main level and an additional 1200+ SF in the basement. Two fireplaces(main level and basement) Home will need extensive remodeling but is a TRUE DIAMOND IN THE ROUGH! Home will not qualify for lending, so CASH is a must! Several older, retired and uninhabited sgl wide manufactured homes on the property of 'no value'. Pond on the property is currently dry(Why?) If you aren't afraid of a little work, expending effort, sweat and money, this could absolutely be the HOME AND PROPERTY FOR YOU! SOLD "AS-IS"! Additional square footage is storage bldg. areas(2).

Last Agent to Sell the Property

Tom Medlin

Century 21 Russ Hollins, Realtors License #161037 Listed on: 10/29/2021

Century 21 Russ Hollins, Realtors

Last Buyer's Agent

Tom Medlin

Century 21 Russ Hollins, Realtors License #161037 Listed on: 10/29/2021

Century 21 Russ Hollins, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1962

Lot Details

  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned RA, R-A

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Great Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • Driveway
  • Parking Lot
  • 1 to 5 Parking Spaces

Outdoor Features

  • Shed
  • Outbuilding

Schools

  • Richfield Elementary School
  • North Stanly Middle School
  • North Stanly High School

Utilities

  • Central Heating
  • Heating System Uses Oil
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6621-01-19-8896

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,260

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1962
  • Ratio Current Price By Acre: 33398.82
  • Restrictions: None
  • Second Living Quarters: Interior Connected
  • Road Surface Type: Asphalt
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 1292
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2600
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1235
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1235
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Front
  • Appliances: None
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: Insert, Great Room, Wood Burning
  • Living Area: 2600
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Outbuilding(s), Shed(s)
  • New Construction: No
  • Roof: Composition
  • Construction Status: Complete
  • Tax Location: Stanly
  • Construction Type: Site Built
  • Construction Type: Aluminum Siding, Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway, Parking Lot, Parking Space - 4+, RV Parking

Utilities

  • Heating: Central, Oil, Wood Stove
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: County Water

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: North Stanly
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Level, Pond(s), Rolling Slope, Wooded, Wooded
  • Lot Size Area: 5.09
  • Lot Size Units: Acres
  • Parcel Number: 6621-01-19-8896
  • Lot Size: Irregular
  • Zoning Description: R-A

Tax Info

  • RATIO List Price By Tax Amount: 2.49526

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Richfield
  • High School: North Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Mar 11, 2022
Sold by
Lee Wright Carol
Bought by
Singh Jagmohan and Singh Kathleen L
Seller's Agent
Tom Medlin
Century 21 Russ Hollins, Realtors
Buyer's Agent
Tom Medlin
Century 21 Russ Hollins, Realtors
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Current Estimated Value
$288,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,667
Avg. Annual Appreciation
22.41%

Purchase Details

Closed on
Jan 1, 2011
Bought by
Wright Carol Lee
Source: Public Records

Range of Values:

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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
Wright Carol Lee -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $170,000 -2.9% $65 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $175,000 0.0% $67 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $175,000 0.0% $67 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $175,000 -- $67 / 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 $1,260 $206,578 $85,205 $121,373
2024 $1,044 $147,079 $50,015 $97,064
2023 $1,000 $147,079 $50,015 $97,064
2022 $477 $70,133 $43,745 $26,388
2021 $477 $70,133 $43,745 $26,388
2020 $458 $62,458 $38,950 $23,508
2019 $462 $62,458 $38,950 $23,508
2018 $402 $62,458 $38,950 $23,508
2017 $462 $62,458 $38,950 $23,508
2016 $506 $68,399 $35,052 $33,347
2015 $511 $68,399 $35,052 $33,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3800784

Canopy MLS (Canopy Realtor® Association)

APN: 6621-01-19-8896