NOT LISTED FOR SALE

470 Settlement Loop Stoneville, NC 27048

Estimated Value: $57,000 - $74,000

1 Bed
-- Bath
600 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $55,000 $92 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $347/month

21 Days on Market

Highlights

  • Horses Allowed On Property
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Partially Wooded Lot
  • No HOA
  • Shed

About This Home

As of October 2022

Own a cabin in the woods on 2.41 acres and step back in time and enjoy the way people used to live! This cabin does have electricity, running water to the kitchen sink, and a window heat pump that heats and cools as well as a wood stove, but you must use an outhouse. It has a bedroom, den and kitchen with a refrigerator and stove, vinyl flooring, and a covered porch. It is connected to Dan River water, but no well or septic. The cabin sits back in the woods but the front half of the lot is cleared and has water if you want to grow a garden. Nice storage building and a lean-to off the house. Great getaway location to relax and enjoy nature.

Last Agent to Sell the Property

Jerry Holland

Holland & Associates Realty, Inc License #281263 Listed on: 09/09/2022

Last Buyer's Agent

Jerry Holland

Holland & Associates Realty, Inc License #281263 Listed on: 09/09/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $112

Year Built

  • Built in 1933

Lot Details

  • 2.41 Acre Lot
  • Lot Dimensions are 201x423x246x455
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned RA

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1 Primary Bedroom on Main
  • 500 Sq Ft Home
  • 400-600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Vinyl Flooring
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch
  • Shed

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 130880
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$112

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.41
  • Lot Size: 201x423x246x455
  • Subdivision Name: None
  • Directions: Take Settlement Loop from NC770 at the intersection with Eden Road. Cabin and land will be about a mile on the left.
  • Above Grade Finished Sq Ft: 500
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1933
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 400 - 600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: None
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Total Bedrooms: 1
  • Living Area: 500
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Covered Porch, Garden Space, Storage Building(s)
  • Fencing: None
  • Lot Features: Horses Allowed, Level, Partially Cleared, Partially Wooded
  • Pool Features: None
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Remarks
  • Cooling: Window Unit(s)
  • Heating: Heat Pump, See Remarks, Electric, Wood
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Wood Fuel
  • Water Heater: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 130880
  • Zoning: RA
  • TRIADMLS_PlatPage: 293
  • TRIADMLS_PlatBook: 884
  • TRIADMLS_AcresRange: 2 - 3

Tax Info

  • Tax Annual Amount: 112
  • Tax Lot: A
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Ledesma Jose Luis and Ledesma Crystal
Bought by
Zuniga Juan Francisco
Current Estimated Value
$63,666

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 7, 2022
Sold by
Hatcher Eddie F and Hatcher Helen H
Bought by
Ledesma Jose Luis
Seller's Agent
Jerry Holland
Holland & Associates Realty, Inc
Buyer's Agent
Jerry Holland
Holland & Associates Realty, Inc
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
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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Purchase History

Date Buyer Sale Price Title Company
Zuniga Juan Francisco -- None Listed On Document
Ledesma Jose Luis $55,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $55,000 -21.3% $138 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $69,900 -- $175 / Sq Ft
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 $166 $25,180 $23,660 $1,520
2024 $164 $25,180 $23,660 $1,520
2023 $112 $14,085 $12,525 $1,560
2022 $112 $14,085 $12,525 $1,560
2021 $112 $14,085 $12,525 $1,560
2020 $112 $14,085 $12,525 $1,560
2019 $112 $14,085 $12,525 $1,560
2018 $116 $14,525 $12,525 $2,000
2017 $116 $14,525 $12,525 $2,000
2015 $117 $14,525 $12,525 $2,000
2014 $116 $14,525 $12,525 $2,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1083742

Triad MLS

APN: 130880