NOT LISTED FOR SALE

500 S 2nd Ave Mayodan, NC 27027

Estimated Value: $136,000 - $195,000

2 Beds
1 Bath
1,000 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 19, 2018

Last sale price $59,000 $59 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $989/month

134 Days on Market

Highlights

  • No HOA
  • Attached Carport
  • Forced Air Heating System

About This Home

As of November 2018

REDUCED PRICE.HOT LOCATION.AWESOME INVESTMENT POTENTIAL. Nice 2 bedroom brick home on large corner lot in Mayodan. Kitchen, living room with fireplace, basement and carport. Gas furnace replaced approximately 3 years ago. Great location and very convenient to shopping, schools and restaurants.Minutes to parks and river. Great investment with possibilities of commercial use in the future. Don't miss out on this investment. Only $64,900.

Last Agent to Sell the Property

Jeff Biggs

JEFF BIGGS REALTY, INC License #137580 Listed on: 06/16/2018

Last Buyer's Agent

Katrina Snow

Riverbluff Properties License #255211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $902

Year Built

  • Built in 1976

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 140 x 155
  • Property is zoned R12MY

Parking

  • 1 Car Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 940 Sq Ft Home
  • 800-1,000 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118020
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$902

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.498
  • Lot Size: 140 x 155
  • Subdivision Name: None
  • Directions: Hwy 220 North to Hwy 135 exit, left on Hwy 135, left on Business 220 South(2nd Av), home on left.
  • Above Grade Finished Sq Ft: 940
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1976
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1000
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 940
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • High School: McMichael
  • Middle Or Junior School: Western Rockingham

Lot Info

  • Parcel #: 118020
  • Zoning: R12MY
  • TRIADMLS_PricePerAcre: 130321.2851
  • TRIADMLS_DeedPage: 2361
  • TRIADMLS_DeedBook: 1416
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 902
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.328

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2018
Closed on
Nov 19, 2018
Sold by
J D S M Properties Inc
Bought by
Snow Enterprise Llc
Seller's Agent
Jeff Biggs
JEFF BIGGS REALTY, INC
Buyer's Agent
Katrina Snow
Riverbluff Properties
List Price
$68,500
Sold Price
$59,000
Premium/Discount to List
-$9,500
-13.87%
Current Estimated Value
$158,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,049
Avg. Annual Appreciation
14.05%

Purchase Details

Closed on
Jun 8, 2011
Sold by
Moss Jeffrey Scott and Moss Dawn A
Bought by
J D S M Properties Inc

Purchase Details

Closed on
Feb 21, 2008
Sold by
American General Financial Services Inc
Bought by
Moss Jeffrey Scott and Moss Drusilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
5.65%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Snow Enterprise Llc $59,000 None Available
J D S M Properties Inc $46,000 None Available
Moss Jeffrey Scott $47,500 Napa Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moss Jeffrey Scott $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2018 11/19/18 Sold $59,000 -13.9% $74 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
06/16/2018 06/16/18 For Sale $68,500 -- $86 / 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
2024 $1,532 $123,077 $11,718 $111,359
2023 $876 $63,042 $10,710 $52,332
2022 $857 $63,042 $10,710 $52,332
2021 $835 $63,042 $10,710 $52,332
2020 $835 $63,042 $10,710 $52,332
2019 $823 $62,087 $10,710 $51,377
2018 $850 $64,133 $14,710 $49,423
2017 $902 $68,010 $14,710 $53,300
2015 $911 $68,010 $14,710 $53,300
2014 $902 $68,010 $14,710 $53,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 891726

Triad MLS

APN: 118020