NOT LISTED FOR SALE

501 Lynn Rd Oakboro, NC 28129

Estimated Value: $394,000 - $417,000

3 Beds
2 Baths
1,816 Sq Ft
$223/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $275,000 $151 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,346/month

31 Days on Market

Highlights

  • Private Lot
  • Engineered Wood Flooring
  • Attached Garage
  • Ranch Style House
  • Fireplace
  • Walk-In Closet

About This Home

As of April 2021

This lovely and spacious 1-story home on a beautifully landscaped, 2 acre lot, positively beckons its new owner! Tucked away in a cul-de-sac at the end of Lynn Road, this property is the definition of tranquility. And in this quiet, established neighborhood you can have the kind of well-built, well-maintained home which is becoming difficult to find in Western Stanly County. The big screened in back porch will be a favorite spot for morning coffee and evening relaxation in warmer weather. Snuggle up in the family room with surround sound and gas fireplace on those colder days. The home includes all appliances, abundant oak cabinetry with a built in desk, beautiful bookcase, crown molding throughout, and so much more!

Last Agent to Sell the Property

Timothy Miller

LT Properties License #210072 Listed on: 12/30/2020

Last Buyer's Agent

Christine Hotham

Helen Adams Realty License #276624

Helen Adams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • Private Lot
  • Level Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Outdoor Features

  • Shed

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5594-04-92-3224

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.02996
  • Ratio Close Price By Original Li: 1.08268
  • Ratio Current Price By Acre: 153631.28
  • Ratio Current Price By Sq Ft: 151.43
  • Year Built: 1987
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Electric Range, Ice Maker Connection, Microwave, Propane, Refrigerator, Surround Sound, Washer
  • Fireplace Description: FAMILYRM, Gas Unvented, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Prefinished Wood, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-Ins, Cable Available, Garden Tub, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1816
  • Total Sq Ft: 1816

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Keypad Entry, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water, Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Dimension: Irregular
  • Lot Features: Cul-de-sac Lot, Level, Paved Frontage, Private, Trees
  • Parcel Number: 5594-04-92-3224
  • Zoning Specification: R-20

Tax Info

  • Tax Value: 154656.00
  • Tax Location: Oakboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Apr 15, 2021
Sold by
Dunagan Terry and Dunagan Dessislava
Bought by
Owen Alison and Owen Micah
Seller's Agent
Timothy Miller
LT Properties
Buyer's Agent
Christine Hotham
Helen Adams Realty
List Price
$267,000
Sold Price
$275,000
Premium/Discount to List
$8,000
3%
Current Estimated Value
$405,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,418
Avg. Annual Appreciation
8.93%
Original Mortgage
$261,250
Outstanding Balance
$235,877
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$169,541

Purchase Details

Closed on
May 2, 2018
Sold by
Dunagan Fred L and Dunagan Mary E
Bought by
Dunagan Fred L and Dunagan Mary E
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
Owen Alison $267,000 None Available
Dunagan Fred L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owen Alison $261,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $275,000 +3.0% $151 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $267,000 0.0% $147 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/19/2021 01/19/21 Price Changed $267,000 0.0% $147 / Sq Ft
01/19/2021 01/19/21 For Sale $267,000 -2.9% $147 / Sq Ft
12/30/2020 12/30/20 Off Market $275,000 -- --
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 $2,693 $277,603 $54,020 $223,583
2024 $1,839 $171,886 $38,180 $133,706
2023 $1,753 $171,886 $38,180 $133,706
2022 $1,753 $171,886 $38,180 $133,706
2021 $1,753 $171,886 $38,180 $133,706
2020 $1,654 $154,656 $33,220 $121,436
2019 $1,670 $154,656 $33,220 $121,436
2018 $1,670 $154,656 $33,220 $121,436
2017 $1,670 $154,656 $33,220 $121,436
2016 $1,619 $149,943 $30,740 $119,203
2015 $1,636 $149,943 $30,740 $119,203
2014 $1,548 $149,943 $30,740 $119,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3694377

Canopy MLS (Canopy Realtor® Association)

APN: 5594-04-92-3224