501 W 7th St Newton, NC 28658
Estimated Value: $273,000 - $288,000
3
Beds
2
Baths
1,435
Sq Ft
$196/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Storm Doors
- Level Lot
About This Home
As of May 2017Newly renovated, charming home in downtown Newton. 3 Bedroom/2 bath with brand new kitchen cabinets, black stainless appliances, granite counters, seated bar & tile floor. New roof, HVAC & even new windows. Updated electrical & plumbing. Enter from the covered, front porch to the refinished original wood floors to view the electric FP. Surprisingly open floor plan with natural light galore. Renovated bathrooms. Laundry room area as you enter from the back. New deck overlooking level backyard. Interior access to basement/cellar for storage. Located off 321 Business for quick access. Charm of the old with the modern touches of new.
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- 0.41
Interior Spaces
- 2 Full Bathrooms
- Insulated Windows
- Storm Doors
Flooring
- Wood
- Tile
Additional Features
- Level Lot
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 373012854832
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2017
Closed on
May 6, 2017
Sold by
Schiff Mitchell R and Schiff Marcia
Bought by
James Richard Thomas and James Patricia
Seller's Agent
Kay Loftin
Coldwell Banker Boyd & Hassell
Buyer's Agent
Non Member
Canopy Administration
List Price
$169,900
Sold Price
$159,000
Premium/Discount to List
-$10,900
-6.42%
Total Days on Market
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,633
Avg. Annual Appreciation
7.31%
Original Mortgage
$162,418
Interest Rate
4.14%
Mortgage Type
VA
Purchase Details
Closed on
May 25, 2016
Sold by
U S Bank National Association
Bought by
Schiff Mitchel
Purchase Details
Closed on
Feb 1, 1994
Bought by
King Bradley Duane and King Donna C
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Similar Homes in Newton, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| James Richard Thomas | $159,000 | None Available | |
| Schiff Mitchel | $45,500 | Attorney | |
| King Bradley Duane | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | James Richard Thomas | $181,401 | |
| Closed | James Richard Thomas | $181,808 | |
| Closed | James Richard Thomas | $162,418 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2017 05/10/17 | Sold | $159,000 | -6.4% | $111 / Sq Ft |
| 03/21/2017 03/21/17 | Pending | -- | -- | -- |
| 02/09/2017 02/09/17 | For Sale | $169,900 | -- | $118 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $2,137 | $251,800 | $19,400 | $232,400 |
| 2023 | $2,137 | $251,800 | $19,400 | $232,400 |
| 2022 | $1,762 | $158,000 | $15,400 | $142,600 |
| 2021 | $1,762 | $158,000 | $15,400 | $142,600 |
| 2020 | $1,762 | $158,000 | $15,400 | $142,600 |
| 2019 | $1,762 | $158,000 | $0 | $0 |
| 2018 | $1,507 | $135,200 | $15,000 | $120,200 |
| 2017 | $1,098 | $0 | $0 | $0 |
| 2016 | $1,098 | $0 | $0 | $0 |
| 2015 | $1,002 | $98,510 | $15,000 | $83,510 |
| 2014 | $1,002 | $99,200 | $13,500 | $85,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kay Loftin
Seller's Agent in 2017
Kay Loftin
Coldwell Banker Boyd & Hassell
(828) 612-4320
190 Total Sales
-
N
Buyer's Agent in 2017
Non Member
NC_CanopyMLS
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR9592079
APN: 3730128548320000
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