NOT LISTED FOR SALE

440 Cornwallis Rd Teachey, NC 28464

Estimated Value: $245,000 - $312,000

3 Beds
2 Baths
2,120 Sq Ft
$133/Sq Ft Est. Value

Last Sold October 24, 2013

Last sale price $159,900 $75 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,732/month

242 Days on Market

Highlights

  • Barn
  • 2.89 Acre Lot
  • Wood Flooring
  • Horses Allowed On Property
  • Farm
  • 2 Fireplaces

About This Home

As of October 2013

Bring your horses or animals! Relax and enjoy a short drive to the city in this one story brick home situated on 2.89 acres. 4 miles west of Wallace. Your family will love the cozy family room with fireplace/gas logs. Also featuring living room with fireplace, combination kitchen with dining, wood flooring in most rooms of home, laundry area,and great office area. Metal Barns with shed (wired and plumbed), 2 buildings, wood and electric fencing. Ideal for horses and animals. There is also a 1 car carport. Located on a corner lot. Owner added roof, windows, insulation, vinyl, and remodeled the kitchen. Come on and take a look at this home without city taxes!

Last Agent to Sell the Property

Wanda Canady

RCA Realty License #175657 Listed on: 02/19/2013

Last Buyer's Agent

Valerie Johnson

Johnson Realty License #241499

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 2.89 Acre Lot
  • Fenced Yard
  • Electric Fence
  • Corner Lot
  • Property is zoned No Zoning -- Ca

Parking

  • 1 Attached Carport Space

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,120 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Cork
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Farming

  • Barn
  • Farm

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dryer, Washer, Refrigerator, Microwave - Built-In
  • Auction: No
  • Basement: None
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 372.00
  • Directions To Property: Take Hwy 41 through Wallace- West. Turn right at Cornwallis Road. Property is on the right on the corner of Corwallis Road and Log Cabin road. Sign in yard. 4 miles west of Wallace
  • Fencing: Back Yard, Partial, Electric
  • Fireplace: 2
  • Foundation: Crawl Space
  • Fuel Tank Ownership: Leased
  • H O A: No
  • Listing I D: 30487244
  • List Priceper Sq Ft: 79.72
  • Location Type: Mainland
  • Lot Acres: 2.89
  • Lot Description: Corner Lot, Farm
  • Lot Dimensions: irregular
  • Lot Sq Ft: 125888.00
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Patio, Porch
  • Presale: No
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • School District: Duplin
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: Existing Well
  • Sign On Property: Yes
  • Sq Ft Heated: 2120.00
  • State Province: NC
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Not In Subdivision
  • Terms: Cash, USDA Loan, VA Loan, FHA, Conventional
  • Total Heated Primary Separate Sq Ft: 2120.00
  • Year Built: 1960
  • Zoning: No Zoning -- Ca
  • Horses Y N: Yes
  • Home Warranty Company: Old Republic
  • Home Warranty Termite: Home Warranty/Seller
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, Wood, Cork
  • Interior Amenities: Blinds/Shades, Gas Logs, Ceiling Fan(s)
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom1 Level: First
  • Bedroom2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Brick Veneer
  • Exterior Structures: Barn(s), Storage
  • Roof: Shingle

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Carport, On Site

Utilities

  • Heated Sq Ft: 2000 - 2199
  • Heating System: Forced Air
  • Utilities: Septic On Site, Well Water
  • Heating System Fuel Source: Electric, Propane Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2013
Closed on
Oct 24, 2013
Sold by
Laughter James R and Edge Nicole
Bought by
Teague Bradley J and Teague Heather F
Seller's Agent
Wanda Canady
RCA Realty
Buyer's Agent
Valerie Johnson
Johnson Realty
List Price
$199,900
Sold Price
$159,900
Premium/Discount to List
-$40,000
-20.01%
Current Estimated Value
$301,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,339
Avg. Annual Appreciation
4.74%
Original Mortgage
$157,003
Outstanding Balance
$116,820
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$164,788
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Teague Bradley J $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teague Bradley J $157,003
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2013 10/24/13 Sold $159,900 -20.0% $75 / Sq Ft
10/19/2013 10/19/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $199,900 -- $94 / Sq Ft
Source: Hive MLS

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 $1,912 $277,200 $44,600 $232,600
2024 $1,239 $140,200 $30,900 $109,300
2023 $1,239 $140,200 $30,900 $109,300
2022 $1,214 $140,200 $30,900 $109,300
2021 $1,219 $140,200 $30,900 $109,300
2020 $1,120 $140,200 $30,900 $109,300
2019 $1,092 $140,200 $30,900 $109,300
2018 $1,092 $140,200 $30,900 $109,300
2016 $1,057 $132,400 $26,600 $105,800
2013 $740 $92,400 $26,600 $65,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30487244

Hive MLS

APN: 10-436