NOT LISTED FOR SALE

423 Decatur Ave Elkin, NC 28621

Estimated Value: $111,000 - $179,000

2 Beds
1 Bath
1,078 Sq Ft
$138/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $100,000 $93 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $869/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1-Story Property
  • C B. Eller Elementary School Rated A-
  • Laundry Room
  • Fenced

About This Home

As of January 2024

"Calling all investors and creative minds! Embrace the opportunity to breathe new life into a 1925 cottage near Elkin, NC. This charming 2-bedroom, 1-bath home sits just outside the city limits, offering a peaceful retreat. The property features a fenced-in oversized yard, an extra lot for expansion, and convenient storage buildings. With endless potential, this cute cottage invites you to unleash your imagination and transform it into the perfect haven. Room to roam, endless possibilities – your dream project awaits!"

Last Agent to Sell the Property

Jamie Foster

RE/MAX Impact Realty Brokerage Email: jwfosterrealtor@gmail.com License #277179 Listed on: 11/08/2023

RE/MAX Impact Realty

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1925

Lot Details

  • Fenced
  • Cleared Lot
  • Property is zoned R1

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,078 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Heating System Uses Oil
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 0600121

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,301

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1925
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 92.76
  • Geocode Confidence: High
  • Attribution Contact: jwfosterrealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1078
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Refrigerator
  • Above Grade Finished Sq Ft: 1078
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Living Area: 1078
  • Bedroom Main: 2
  • Room Count: 1

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Other - See Remarks
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Vinyl
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Oil
  • Sewer: Private Sewer, Septic Installed
  • Laundry Features: Utility Room, Main Level
  • Cooling: None
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Area: 0.98
  • Lot Size Units: Acres
  • Parcel Number: 0600121
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Dec 6, 2023
Sold by
Schandelmeier Lisa Wells
Bought by
Brockway Chance A
Seller's Agent
Jamie Foster
RE/MAX Impact Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$96,500
Sold Price
$100,000
Premium/Discount to List
$3,500
3.63%
Views
62
Current Estimated Value
$139,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,574
Avg. Annual Appreciation
20.70%
Original Mortgage
$97,000
Outstanding Balance
$95,778
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$39,850

Purchase Details

Listed on
May 16, 2023
Closed on
Jun 19, 2023
Sold by
Parsons Joshua N and Parsons Sarah S
Bought by
Schandelmeier Lisa Wells
Seller's Agent
Walter Mastin
Golden Key Realty NC, LLC
Buyer's Agent
Walter Mastin
Golden Key Realty NC, LLC
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Views
290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.36%

Purchase Details

Closed on
Jan 27, 2023
Sold by
Parsons John and Parsons Cynthia W
Bought by
Parsons Joshua N and Parsons Sarah S

Purchase Details

Closed on
Oct 1, 2013
Bought by
Parsons Cynthia W
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
Brockway Chance A $100,000 None Listed On Document
Schandelmeier Lisa Wells $75,000 None Listed On Document
Parsons Joshua N -- --
Parsons Cynthia W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brockway Chance A $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $100,000 +3.6% $93 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $96,500 +28.7% $90 / Sq Ft
06/19/2023 06/19/23 Sold $75,000 -6.1% $83 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $79,900 -- $89 / 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 $1,301 $73,420 $8,260 $65,160
2023 $564 $73,420 $8,260 $65,160
2022 $564 $73,420 $8,260 $65,160
2021 $573 $73,420 $8,260 $65,160
2020 $573 $73,420 $8,260 $65,160
2019 $57,267 $73,420 $8,260 $65,160
2018 $539 $68,270 $0 $0
2017 $526 $68,270 $0 $0
2016 $526 $68,270 $0 $0
2015 $539 $68,270 $0 $0
2014 $539 $68,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4085590

Canopy MLS (Canopy Realtor® Association)

APN: 0600121