NOT LISTED FOR SALE

5000 Point Caswell Rd Atkinson, NC 28421

Estimated Value: $235,889 - $269,000

2 Beds
2 Baths
1,250 Sq Ft
$201/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $193,000 $154 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,503/month

69 Days on Market

Highlights

  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Wood Flooring
  • No HOA
  • Porch

About This Home

As of January 2022

This is a unique find for someone who wants to own a piece of history. This home was originally built in 1857 as an overnight railroad stop on the long gone Cape Fear and Yadkin Valley Railroad. The main drive approaches the home from the rear, with the house originally built to face the railroad and the railroad depot building still located through the woods. Overlooking the railroad entrance and the old front porch are the original stained glass windows. This home also includes 2 additional porches that could easily be added to for that wrap around look. This renovation-ready home is approximately 3,200 sq ft, with 1250 sq ft of heated space. Over the years, wiring, windows, and plumbing have been updated to current specs along with other additions to the original structure. The property also features a move-in ready apartment with a newly updated kitchen, featuring granite countertops and stainless appliances. A new HVAC system is currently being installed to provide year-round comfort. This apartment living space is perfect for someone looking to reside on the property while renovating the original home. The property is made up of a total of 9.5 acres and falls under the 10 acre limit for some insurance companies to provide traditional homeowners insurance. Wild turkey, deer, and various other wildlife visit the property daily and provide the perfect backdrop for your morning coffee or a relaxing evening listening to the wildlife on the home's various porches. Recent summer storms resulted in one of the biggest oak trees on the property falling onto the main home and damaging part of the structure. This resulted in an insurance claim and a check for $63,000 that will be passed to the new owner to use at their discretion. This gives the new owner a huge step towards making this their dream country estate. Come see this home today and enjoy life at a slower pace.

Last Listed By

Craig Yarboro

Berkshire Hathaway HomeServices Carolina Premier Properties License #225433 Listed on: 09/24/2021

Berkshire Hathaway HomeServices Carolina Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1857

Lot Details

  • 9.5 Acre Lot
  • Property is zoned R20

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,250 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Propane
  • Well
  • Electric Water Heater
  • Fuel Tank
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2257-64-4774-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,301

Year Built

Built in 1857

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1857
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: None
  • List Price per Sq Ft: 220.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 7
  • Sq Ft Heated: 1250.00
  • Total Heated Primary Separate Sq Ft: 1250.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street, Unpaved

Utilities

  • Cooling System: Wall/Window Unit(s)
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Wood Stove
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Septic Off Site, Well Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 121.00
  • Lot Acres: 9.50
  • Lot Dimensions: irregular
  • Lot Sq Ft: 413820.00
  • Zoning: R20

Tax Info

  • Tax Identifier: 2257-64-4774-0000
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Jan 24, 2022
Sold by
Downing Zachary A
Bought by
Sapp Vernon and Williams Jessica
Seller's Agent
Craig Yarboro
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Kristin Badinelli
Coldwell Banker Sea Coast Advantage
List Price
$275,000
Sold Price
$193,000
Premium/Discount to List
-$82,000
-29.82%
Total Days on Market
69
Current Estimated Value
$251,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,722
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Dec 31, 2013
Sold by
Rousey Molly Tilden
Bought by
Rousey Charles Richard

Purchase Details

Closed on
Jan 15, 2013
Sold by
Rousey Charles Richard
Bought by
Rousey Molly Tilden

Purchase Details

Closed on
Aug 14, 2006
Sold by
Montoya Jon and Montoya Cori Marie
Bought by
Rousey Charles Richard and Rousey Molly Tilden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 3, 2005
Sold by
Max Michael A
Bought by
Montoya Jon and Montoya Cori Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.98%
Mortgage Type
New Conventional

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
Sapp Vernon $193,000 Bailey & Busby Pllc
Rousey Charles Richard -- None Available
Rousey Molly Tilden -- None Available
Rousey Charles Richard $175,000 --
Montoya Jon $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downing Zachary A $157,200
Previous Owner Rousey Charles R $14,000
Previous Owner Rousey Charles R $220,000
Previous Owner Tilden Rousey Molly T $50,000
Previous Owner Rousey Charles Richard $17,500
Previous Owner Rousey Charles Richard $140,000
Previous Owner Montoya Jon $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $193,000 -29.8% $154 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $275,000 +162.2% $220 / Sq Ft
01/16/2015 01/16/15 Sold $104,900 0.0% $56 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $104,900 -- $56 / Sq Ft
Source: Hive 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 $1,301 $121,017 $56,750 $64,267
2023 $1,289 $121,017 $56,750 $64,267
2022 $1,188 $121,017 $56,750 $64,267
2021 $1,197 $121,017 $56,750 $64,267
2020 $1,197 $121,017 $56,750 $64,267
2019 $1,197 $121,017 $56,750 $64,267
2018 $758 $63,434 $29,750 $33,684
2017 $758 $63,434 $29,750 $33,684
2016 $751 $63,434 $29,750 $33,684
2015 $716 $63,434 $29,750 $33,684
2014 $513 $51,871 $29,750 $22,121
2013 -- $51,871 $29,750 $22,121
2012 -- $51,871 $29,750 $22,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100292110

Hive MLS

APN: 2257-64-4774-0000