NOT LISTED FOR SALE

426 Fairway Shores Rd Unit 5 Mount Gilead, NC 27306

Estimated Value: $533,000 - $633,000

2 Beds
2 Baths
1,631 Sq Ft
$354/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $285,000 $175 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,172/month

128 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Shed
  • Open Floorplan
  • Traditional Architecture
  • Storm Doors

About This Home

As of August 2019

Adorable, furnished waterfront cottage! The perfect floor plan with one bedroom on the main floor and one more bedroom plus a bonus room in the fully finished basement. Two full baths, decorator colors, pretty kitchen with very nice appliances. Big, open deck and nice size covered patio located on the water side. Boathouse with 2-slips and large, open pier.

Last Agent to Sell the Property

Lynn Norman

Lake Tillery Properties LLC License #159889 Listed on: 03/04/2019

Last Buyer's Agent

Megan Hinson

Lake Tillery Properties LLC License #265945

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 5,227

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Storm Doors

Flooring

  • Carpet
  • Laminate
  • Vinyl

Additional Features

  • Shed
  • Waterfront
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6584-17-00-2743

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.92233
  • Ratio Close Price By Original Li: 0.86626
  • Ratio Current Price By Acre: 2375000.00
  • Ratio Current Price By Sq Ft: 174.74
  • Special Assessment Description: Duke Energy Waterfront Lease
  • Special Assessment Yn: Yes
  • Year Built: 1987
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Concrete
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Interior Amenities: Open Floorplan
  • Laundry Location: Basement, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 785
  • Main Level Sq Ft: 846
  • Total Sq Ft: 1631

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Lot Info

  • Lot Dimension: Approx 53 ft waterfront
  • Lot Features: Water view, Waterfront
  • Parcel Number: 6584-17-00-2743
  • Zoning Specification: Res

Tax Info

  • Tax Value: 257700.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Aug 19, 2019
Sold by
Garruto Raymond John and Garruto Susan Marie
Bought by
Flinchum Stewart Michael Keith and Flinchum Stewart Kari
Seller's Agent
Lynn Norman
Lake Tillery Properties LLC
Buyer's Agent
Megan Hinson
Lake Tillery Properties LLC
List Price
$329,000
Sold Price
$285,000
Premium/Discount to List
-$44,000
-13.37%
Current Estimated Value
$577,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,739
Avg. Annual Appreciation
12.11%
Original Mortgage
$256,500
Outstanding Balance
$224,647
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$353,092

Purchase Details

Closed on
Sep 9, 2014
Sold by
Watson George P and Watson Linda Redfearn
Bought by
Garruto Raymond John and Garruto Susan Marie

Purchase Details

Closed on
Jul 13, 2010
Sold by
Wawak Stephanie V and Wawak Jaclin Marie
Bought by
Watson George P and Watson Linda Redfearn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.79%
Mortgage Type
New Conventional
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
Flinchum Stewart Michael Keith $285,000 None Available
Garruto Raymond John $258,500 None Available
Watson George P $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flinchum Stewart Michael Keith $256,500
Previous Owner Watson George P $235,000
Closed Garruto Raymond John $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $285,000 -7.8% $175 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
06/26/2019 06/26/19 Price Changed $309,000 -1.9% $189 / Sq Ft
03/12/2019 03/12/19 Price Changed $315,000 -4.3% $193 / Sq Ft
03/04/2019 03/04/19 For Sale $329,000 -- $202 / 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 $1,778 $289,054 $125,345 $163,709
2024 $1,778 $289,054 $125,345 $163,709
2023 $1,778 $289,054 $125,345 $163,709
2022 $1,778 $289,054 $125,345 $163,709
2021 $1,778 $289,054 $125,345 $163,709
2020 $1,778 $289,054 $125,345 $163,709
2018 $1,598 $257,700 $100,276 $157,424
2017 $1,598 $257,700 $100,276 $157,424
2016 $1,598 $257,700 $100,276 $157,424
2015 $1,469 $257,700 $0 $0
2014 $1,469 $257,682 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3480319

Canopy MLS (Canopy Realtor® Association)

APN: 6584-17-00-2743