NOT LISTED FOR SALE

4507 Flat Shoals Rd Germanton, NC 27019

Estimated Value: $230,000 - $332,000

3 Beds
3 Baths
2,300 Sq Ft
$123/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $165,000 $72 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,623/month

5 Days on Market

Highlights

  • Wood Flooring
  • Detached Carport Space
  • Forced Air Heating and Cooling System
  • No HOA
  • Outdoor Storage

About This Home

As of September 2020

Beautifully restored brick ranch home. New roof, appliances, floors, granite counter tops, fixtures, and paint. Country living yet conveniently close to town. Several sun rooms, great for plant lovers! Gorgeous over-sized fireplace in living room. Dreamy gazebo in front yard. Two storage buildings. Extremely roomy and room for expansion in 70% finished basement (not included in heated sq. footage); 3rd bathroom in basement. Workshop and potential in-law suite in basement. Broker is owner.

Last Buyer's Agent

Jonathan Inman

Carolina Farms & Homes - King License #223530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $827

Year Built

  • Built in 1971

Lot Details

  • 0.52 Acre Lot
  • Property is zoned RA

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,110 Sq Ft Home
  • 1,800-2,300 Sq Ft Home
  • Property has 1 Level
  • Dining Room with Fireplace
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 693400891314
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$827

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Subdivision Name: None
  • Directions: Hwy 52 North, Exit #8, Right on Hwy 8, Continue on to Left to stay on Hwy 8 and Left to merge on Flat Shoals at the Fire Dept.
  • Above Grade Finished Sq Ft: 2110
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1971
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room, Kitchen
  • Fireplaces: 1
  • Living Area: 2110
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Gazebo, Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Paved, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 693400891314
  • Zoning: RA
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 827
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.7403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 15, 2020
Sold by
Delarco Inc
Bought by
Carter Chelsea and Carter Cory
Buyer's Agent
Jonathan Inman
Carolina Farms & Homes - King
Sold Price
$165,000
Current Estimated Value
$283,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,521
Avg. Annual Appreciation
10.82%
Original Mortgage
$162,011
Outstanding Balance
$144,100
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$139,421

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jan 21, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Delarco Inc
Seller's Agent
Joshua Marshall
TRIAD HOMES REALTY, INC.
Sold Price
$54,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
429.68%

Purchase Details

Closed on
Sep 13, 2018
Sold by
Pennymac Loan Services Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 11, 2018
Sold by
Horne Robert Lee and Horne Robert
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
May 30, 2014
Sold by
Perry Bonnie Johnson Craig
Bought by
Horne Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Interest Rate
4.12%
Mortgage Type
FHA
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
Carter Chelsea $165,000 None Available
Delarco Inc -- None Available
Secretary Of Housing & Urban Development -- None Available
Pennymac Loan Services Llc $91,960 None Available
Horne Robert $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Chelsea $162,011
Previous Owner Horne Robert $108,007
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2020 09/21/20 Sold $165,000 +205.6% $92 / Sq Ft
01/21/2020 01/21/20 Sold $54,000 -- $34 / Sq Ft View Prior Sale
Source: Triad 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 $1,655 $231,500 $23,100 $208,400
2024 $1,655 $165,400 $18,200 $147,200
2023 $1,340 $165,400 $18,200 $147,200
2022 $1,224 $165,400 $18,200 $147,200
2021 $1,224 $165,400 $18,200 $147,200
2020 $827 $111,700 $16,800 $94,900
2019 $827 $111,700 $16,800 $94,900
2018 $827 $111,700 $16,800 $94,900
2017 $821 $111,700 $16,800 $94,900
2016 $963 $131,000 $16,800 $114,200
2015 $956 $131,000 $16,800 $114,200
2014 $964 $131,000 $16,800 $114,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 988097

Triad MLS

APN: 693400891314