NOT LISTED FOR SALE

41 Railroad St Lincolnton, NC 28092

Estimated Value: $127,000 - $149,000

2 Beds
1 Bath
1,019 Sq Ft
$133/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $110,000 $108 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $832/month

40 Days on Market

Highlights

  • Laundry Room
  • Bungalow
  • Central Heating

About This Home

As of June 2022

Beautiful two bedroom one & half bath home. The home was fully renovated in 2017. Beautiful hardwood floors in one bedroom and the living room. The ceilings are approximately nine feet. There is a spacious front porch for relaxing. This neighborhood has seen a massive increase in construction and remodeling. Currently rented for $767.00 on a month-to-month basis. The rental income is under current rental market value according to Zillow estimates. The rental income has increased consistently over the last 5 years. It is a sound investment property..

1 of 33 properties selling at auction closing June 16, 2022. The properties sold "As Is Where Is" "No Warranties Expressed or Implied" "No Contingences to Sale" 10% Buyer's Premium added High Bid. At contract execution high bidder is required to pay a $1000 - $2500 Non Refundable Deposit Close within 45 Days. NCAL# 8664 NCAFL# 10496

Last Agent to Sell the Property

John Palinkas

Red Suit Realty & Auction LLC License #C33597 Listed on: 05/11/2022

Last Buyer's Agent

Robb Hoover

Robb Hoover LLC License #202515

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,135

Year Built

  • Built in 1920

Lot Details

  • Zoning described as R-8

Parking

  • Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,019 Sq Ft Home
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 22524

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,135

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1920
  • Ratio Current Price By Acre: 833333.33
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Block, Brick/Mortar, Crawl Space
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1019
  • 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: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1019
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Area: 0.132
  • Lot Size Units: Acres
  • Parcel Number: 22524
  • Zoning Description: R-8

Tax Info

  • RATIO List Price By Tax Amount: 1.00000

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 24, 2022
Sold by
Carpenterproperty Group Llc
Bought by
Preferred Homes Of Charlotte Llc
Seller's Agent
John Palinkas
Red Suit Realty & Auction LLC
Buyer's Agent
Robb Hoover
Robb Hoover LLC
List Price
$64,480
Sold Price
$110,000
Premium/Discount to List
$45,520
70.6%
Current Estimated Value
$135,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,657
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Jan 6, 2015
Sold by
Carpenter Amanda Cagle
Bought by
Carpenter Property Group Llc

Purchase Details

Closed on
Jul 10, 2002
Bought by
Carpenter Claude Ralph
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Preferred Homes Of Charlotte Llc $100,000 None Listed On Document
Carpenter Property Group Llc -- None Available
Carpenter Claude Ralph $164,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carpenter Property Group Llc $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $110,000 +70.6% $108 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $64,480 -- $63 / 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 $1,135 $99,622 $16,000 $83,622
2024 $1,115 $99,622 $16,000 $83,622
2023 $1,110 $99,622 $16,000 $83,622
2022 $875 $64,480 $15,000 $49,480
2021 $875 $64,480 $15,000 $49,480
2020 $747 $64,480 $15,000 $49,480
2019 $747 $64,480 $15,000 $49,480
2018 $716 $52,496 $12,500 $39,996
2017 $615 $52,496 $12,500 $39,996
2016 $185 $0 $12,500 $3,280
2015 $267 $15,780 $12,500 $3,280
2014 $536 $39,174 $12,500 $26,674
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3857903

Canopy MLS (Canopy Realtor® Association)

APN: 22524