NOT LISTED FOR SALE

424 W Geroid St East Spencer, NC 28144

Estimated Value: $215,000 - $287,328

2 Beds
1.5 Baths
1,492 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $45,000 $30 Per Sq Ft

Est. 429% increase in value since last sale

Current estimated payment $1,557/month

60 Days on Market

Highlights

  • Elevator
  • 2 Car Garage
  • Open Lot

About This Home

As of June 2016

A fixer upper with almost 4 acres of land. Also contains three storage buildings. Great price for investor.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,118

Year Built

  • Built in 1972

Lot Details

  • 3.98 Acre Lot
  • Property fronts an interstate
  • Open Lot
  • Possible uses of the property include Multi-Family
  • Property is zoned R8

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,492 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • North Rowan Elementary And Middle School
  • North Rowan High School

Community Details

  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 326

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,118

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Restrictions: No Restrictions,Other - See Remarks
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Multi-Family
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Living Area: 1492
  • Room Count: 0

Exterior Features

  • Roof: Composition
  • Road Frontage: 340
  • Construction Type: Brick Partial

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: None
  • Sewer: Public Sewer, Other - See Remarks
  • Green Building Features: Elevator
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Rowan

Lot Info

  • Lot Features: Open Lot
  • Lot Size Area: 3.98
  • Lot Size Units: Acres
  • Parcel Number: 326
  • Zoning: R8
  • Lot Size Acres: 3.98
  • Lot Size Sq Ft: 173368
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: North Rowan
  • High School: North Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2016
Closed on
May 26, 2016
Sold by
Hallerdin Michelle
Bought by
Pineda Sandra Luz and Salazar Jorge A
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%
Current Estimated Value
$238,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,082
Avg. Annual Appreciation
20.38%

Purchase Details

Closed on
Jul 6, 2012
Sold by
Banks Claude M
Bought by
Hallerdin Jule A and Hallerdin Michelle

Purchase Details

Closed on
Apr 17, 2009
Sold by
Manigault Julian
Bought by
Banks Claude M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pineda Sandra Luz $45,000 None Available
Hallerdin Jule A -- None Available
Banks Claude M $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banks Claude M $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2016 09/11/16 Off Market $45,000 -- --
06/08/2016 06/08/16 Sold $45,000 -10.0% $30 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
02/20/2016 02/20/16 For Sale $50,000 -- $34 / 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 $3,118 $251,449 $41,000 $210,449
2024 $3,118 $251,449 $41,000 $210,449
2023 $3,118 $251,449 $41,000 $210,449
2022 $1,729 $131,239 $33,090 $98,149
2021 $1,729 $131,239 $33,090 $98,149
2020 $1,729 $131,239 $33,090 $98,149
2019 $1,729 $131,239 $33,090 $98,149
2018 $1,462 $112,209 $33,090 $79,119
2017 $1,429 $112,209 $33,090 $79,119
2016 $1,429 $112,209 $33,090 $79,119
2015 $1,450 $112,209 $33,090 $79,119
2014 $1,331 $103,955 $33,090 $70,865
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R58520

Canopy MLS (Canopy Realtor® Association)

APN: 026-326