NOT LISTED FOR SALE

457 Merrells Lake Rd Mocksville, NC 27028

Estimated Value: $244,000 - $279,000

3 Beds
2 Baths
1,363 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $145,000 $106 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,502/month

10 Days on Market

Highlights

  • Wood Burning Stove
  • Farmhouse Style Home
  • Screened Porch
  • William Ellis Middle School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of December 2018

NO HOA, RV COVERED PARKING, LARGE DRIVEWAY AREA, WORKSHED WITH ELECTRICAL, HANDICAP RAMP, SCREENED PORCH, COVERED FRONT PORCH, BRAND NEW HVAC UNIT, NEW GARAGE DOORS, NEW GRAVEL,STAINLESS REFRIGERATOR, WASHER/DRYER COMBO UNIT, LAMINATE FLOORING, METAL ROOF, WOOD STOVE, OPEN FLOOR PLAN, LARGE LEVEL LOT IN A BEAUTIFUL SETTING. CONVENIENT TO I40 AND HWY 64

Last Agent to Sell the Property

Michael McNulty

Pros Realty Inc. Brokerage Email: MichaelMcNulty@remax.net License #184253 Listed on: 10/19/2018

Last Buyer's Agent

Jessica Estes

Southern Homes of the Carolinas, Inc License #302893

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,436

Year Built

  • Built in 1980

Lot Details

  • 2.68 Acre Lot
  • Level Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Handicap Parking

Home Design

  • Farmhouse Style Home
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Great Room with Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits
  • Ramp on the main level

Outdoor Features

  • Shed

Utilities

  • Central Heating
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number I7-000-00-009-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,436

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 1980
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 106.38
  • Attribution Contact: MichaelMcNulty@remax.net
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1363
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 582
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 582
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1363
  • Accessibility Features: Two or More Access Exits, Handicap Parking, Ramp(s)-Main Level
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Wood Burning Stove
  • Living Area: 1363
  • Bedroom Main: 3
  • Room Count: 7
  • Sq Ft Other: 1248

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Wood
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Water Source: County Water

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 2.68
  • Lot Size Units: Acres
  • Parcel Number: I7-000-00-009-01
  • Development Status: Completed
  • Lot Size Acres: 2.68
  • Lot Size Sq Ft: 116740
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R20

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Dec 3, 2018
Sold by
Brown Carolyn and Guion Robin
Bought by
Bobbitt Timothy S
Seller's Agent
Michael McNulty
Pros Realty Inc.
Buyer's Agent
Jessica Estes
Southern Homes of the Carolinas, Inc
List Price
$144,999
Sold Price
$145,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$263,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,500
Avg. Annual Appreciation
9.11%
Original Mortgage
$140,650
Outstanding Balance
$123,916
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$139,584

Purchase Details

Closed on
Sep 1, 2003

Purchase Details

Closed on
Aug 1, 2002

Purchase Details

Closed on
Jul 1, 1984
Source: Public Records

Range of Values:

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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
Bobbitt Timothy S $145,000 --
-- $111,000 --
-- -- --
-- $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bobbitt Timothy S $140,650
Closed Bobbitt Timothy S $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $145,000 0.0% $106 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $144,999 0.0% $106 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $144,999 -- $106 / 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 $1,436 $208,580 $41,690 $166,890
2024 $1,053 $136,160 $33,630 $102,530
2023 $1,053 $136,160 $33,630 $102,530
2022 $1,053 $136,160 $33,630 $102,530
2021 $1,053 $136,160 $33,630 $102,530
2020 $992 $127,480 $33,630 $93,850
2019 $992 $127,480 $33,630 $93,850
2018 $992 $127,480 $33,630 $93,850
2017 $979 $127,480 $0 $0
2016 $1,007 $131,090 $0 $0
2015 $1,007 $131,090 $0 $0
2014 $502 $131,090 $0 $0
2013 -- $131,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3445224

Canopy MLS (Canopy Realtor® Association)

APN: I7-000-00-009-01