NOT LISTED FOR SALE

501 Academy St Rural Hall, NC 27045

Estimated Value: $333,878 - $379,000

3 Beds
2 Baths
2,900 Sq Ft
$122/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $155,000 $53 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,090/month

16 Days on Market

Highlights

  • 1.55 Acre Lot
  • Wood Flooring
  • No HOA
  • Partially Wooded Lot
  • Attic
  • Detached Carport Space

About This Home

As of June 2015

If you're looking for space at an affordable price then this one level home with over 1.50 acres of land is waiting for you. Optional living spaces with playroom, family room with fireplace, bonus room for office or sitting space. Roomy kitchen with an eat-in bar, recent roof. Three spacious bedrooms with great closets, wood floors in bedrooms and hall. Full basement offers great storage and expansion possibilities. Double detached carport, Home Warranty

Last Agent to Sell the Property

Eleanor Bell

Forsyth Realty License #228847 Listed on: 04/27/2015

Last Buyer's Agent

Eleanor Bell

Forsyth Realty License #228847 Listed on: 04/27/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 1960

Lot Details

  • 1.55 Acre Lot
  • Lot Dimensions are 110 x 100 x 358 x 108 x 454
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RS9, RS20

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,755 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 008,009a,009c,203
  • Assessor Parcel Number 6920161490,6920161623
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,682

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.55
  • Lot Size: 110 x 100 x 358 x 108 x 454
  • Subdivision Name: None
  • Directions: University Pkwy North, continue on Broad St. right on Kiger, L on Foster, R on Academy
  • Above Grade Finished Sq Ft: 2755
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1960
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry
  • Has Basement: Unfinished, Basement, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2755
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden
  • Lot Features: Level, Cleared, Sloped, Partially Wooded
  • Construction Type: Brick, Wood Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6920161490,6920161623
  • Zoning: RS9, RS20
  • TRIADMLS_PricePerAcre: 109612.9032
  • TRIADMLS_DeedPage: 014
  • TRIADMLS_DeedBook: 1001
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 1682
  • Tax Lot: 008,009a,009c,203
  • Tax Map Number: 618906
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 29, 2015
Sold by
Beck Ruth R and Beck Ted R
Bought by
Poe Michael Scott and Poe Lisa Ilene
Seller's Agent
Eleanor Bell
Forsyth Realty
Buyer's Agent
Eleanor Bell
Forsyth Realty
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%
Current Estimated Value
$353,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,970
Avg. Annual Appreciation
8.45%
Original Mortgage
$210,400
Outstanding Balance
$164,914
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$189,056
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
Poe Michael Scott $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poe Michael Scott $54,100
Open Poe Michael Scott $210,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2015 06/29/15 Sold $155,000 -8.8% $65 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $169,900 -- $71 / 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 $1,975 $204,900 $32,400 $172,500
2023 $1,975 $204,900 $32,400 $172,500
2022 $1,975 $204,900 $32,400 $172,500
2021 $1,975 $204,900 $32,400 $172,500
2020 $1,908 $185,200 $30,900 $154,300
2019 $1,926 $185,200 $30,900 $154,300
2018 $1,869 $185,200 $30,900 $154,300
2016 $1,359 $162,580 $32,884 $129,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 755297

Triad MLS

APN: 6920-16-1468