NOT LISTED FOR SALE

425 Hilbert Rd Rockwell, NC 28138

Estimated Value: $231,000 - $336,644

2 Beds
1 Bath
-- Sq Ft
14.97 Acres

Last Sold July 08, 2024

Last sale price $245,000

Est. 7% increase in value since last sale

Current estimated payment $1,586/month

19 Days on Market

Highlights

  • Wooded Lot
  • Shed
  • Four Sided Brick Exterior Elevation
  • Laundry Room
  • 1-Story Property

About This Home

As of July 2024

MULTIPLE OFFERS! DEADLINE TO SUBMIT OFFERS IS 6/5/24 AT 4PM...
Acreage! Acreage! Acreage! Great location for an investor or someone looking for country living and privacy. This property is almost 16 acres with endless possiblities. There is a 1300 sq foot, 2 bed 1 bath brick home on the acreage that could be remodeled and the potential for a couple more homes to be built to create a family compound or income producing properties. Soil has already been evaluated. This property is at the end of a cul de sac. Most of the acreage is wooded and boast a nice creek at the back. Lots of wildlife to see. Conveniently located to Rockwell, Faith, Salisbury and Concord.

Last Agent to Sell the Property

Drew Maher

DM Properties & Associates Brokerage Email: drew@dmaherproperties.com License #278456 Listed on: 05/16/2024

Co-Listed By

Robin Price

DM Properties & Associates Brokerage Email: drew@dmaherproperties.com License #262166

Last Buyer's Agent

Drew Maher

DM Properties & Associates Brokerage Email: drew@dmaherproperties.com License #278456 Listed on: 05/16/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1940

Lot Details

  • Wooded Lot
  • Property is zoned RA

Home Design

  • Metal Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Linoleum Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Shed
  • Outbuilding

Schools

  • Ethan Shive Elementary School
  • C.C. Erwin Middle School
  • East Rowan High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 373004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,901

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: drew@dmaherproperties.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Linoleum
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 0
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 1320
  • Sq Ft Unheated Total: 1320
  • Sq Ft Upper: 0
  • Appliances: Electric Water Heater, None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bedroom Main: 2
  • Room Count: 5
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Other Structures: Outbuilding, Shed(s)

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Other - See Remarks
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Kitchen
  • Cooling: Window Unit(s)
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: C.C. Erwin
  • HOA Subject To: None

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 14.97
  • Lot Size Units: Acres
  • Parcel Number: 373004
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Ethan Shive
  • High School: East Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jul 3, 2024
Sold by
Flow Property Group Llc
Bought by
Dm Properties & Associates and Drew Maher Inc
Seller's Agent
Drew Maher
DM Properties & Associates
Buyer's Agent
Drew Maher
DM Properties & Associates
List Price
$375,000
Sold Price
$245,000
Premium/Discount to List
-$130,000
-34.67%
Views
35
Current Estimated Value
$262,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,661
Avg. Annual Appreciation
8.47%
Original Mortgage
$289,400
Outstanding Balance
$286,200
Interest Rate
6.99%
Mortgage Type
Construction
Estimated Equity
-$17,191

Purchase Details

Closed on
May 2, 2024
Sold by
Kincaid James Douglas
Bought by
Flow Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.87%
Mortgage Type
Construction
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
Dm Properties & Associates $245,000 None Listed On Document
Flow Property Group Llc $125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dm Properties & Associates $289,400
Previous Owner Flow Property Group Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $245,000 -2.0% --
05/28/2024 05/28/24 Price Changed $250,000 -33.3% --
05/17/2024 05/17/24 For Sale $375,000 -- --
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 $1,901 $283,677 $196,000 $87,677
2024 $1,901 $283,677 $196,000 $87,677
2023 $1,901 $283,677 $196,000 $87,677
2022 $1,565 $209,309 $154,900 $54,409
2021 $1,565 $209,309 $154,900 $54,409
2020 $1,565 $209,309 $154,900 $54,409
2019 $1,565 $209,309 $154,900 $54,409
2018 $1,200 $194,999 $154,900 $40,099
2017 $1,200 $194,999 $154,900 $40,099
2016 $1,200 $194,999 $154,900 $40,099
2015 $1,219 $194,999 $154,900 $40,099
2014 $988 $163,454 $134,265 $29,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4137885

Canopy MLS (Canopy Realtor® Association)

APN: 373-004