NOT LISTED FOR SALE

Estimated Value: $502,372 - $651,000

1.11 Acres
$544,904 Price per Acre
48,352 Sq Ft Lot

Last Sold May 02, 2013

Last sale price $95,000

Est. 537% increase in value since last sale

Current estimated payment $3,884/month

1,945 Days on Market

About This Lot

As of May 2013

Motivated Seller Says Bring All Offers!!! Gorgeous Partrially Wooded Waterview Lot In Mackintosh On The Lake Subdivision.

Last Agent to Sell the Property

Default Firm Record

Richard Jones Real Estate Listed on: 12/05/2007

Last Buyer's Agent

Ted Crum

Richard Jones Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,059

Lot Details

  • 1.11 Acre Lot
  • Lot Dimensions are 90x213x60x183x109x303

Listing and Financial Details

  • Assessor Parcel Number 02020078a0

Property Details

Property Type

Land

Est. Annual Taxes

$7,059

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.11
  • Lot Size: 90x213x60x183x109x303
  • Directions: From I-40 Go South On University Drive, Turn Right On Bonnar Bridge Parkway. Go To End. Turn Left On Loch Ridge, Turn Right On Bonnie Loch. Lot Is On Left.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement YN: No

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Size Sq Ft: 48351.0
  • Parcel #: 02020078a0
  • Zoning Description: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2007
Closed on
May 2, 2013
Sold by
Mahtani Narain S and Mahtani Sanam Narain
Bought by
Galligan Michael D and Galligan Monserrat C
Seller's Agent
Default Firm Record
Richard Jones Real Estate
Buyer's Agent
Ted Crum
Richard Jones Real Estate
List Price
$425,000
Sold Price
$95,000
Premium/Discount to List
-$330,000
-77.65%
Current Estimated Value
$604,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,843
Avg. Annual Appreciation
16.20%
Original Mortgage
$76,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 25, 2006
Sold by
Macintosh Llc
Bought by
Mahtani Narain S and Mahtani Sanam Narain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.71%
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
Galligan Michael D $95,000 None Available
Mahtani Narain S $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galligan Monserrat Cervilla $536,000
Closed Galligan Michael D $480,000
Closed Galligan Michael D $484,650
Closed Galligan Michael D $76,000
Previous Owner Mahtani Narain S $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2013 05/02/13 Sold $95,000 -77.6% --
04/02/2013 04/02/13 Pending -- -- --
12/05/2007 12/05/07 For Sale $425,000 -- --
Source: Alamance Multiple Listing Service

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 $7,059 $581,400 $93,800 $487,600
2023 $7,059 $581,400 $93,800 $487,600
2022 $7,720 $581,400 $93,800 $487,600
2021 $6,161 $464,000 $93,800 $370,200
2020 $6,161 $464,000 $93,800 $370,200
2019 $6,161 $464,000 $0 $0
2018 $6,130 $464,000 $0 $0
2017 $6,130 $464,000 $0 $0
2016 $6,176 $462,600 $0 $0
2015 $1,257 $93,800 $0 $0
2014 $1,266 $93,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Alamance Multiple Listing Service

MLS Number: 59615

APN: 0103156