NOT LISTED FOR SALE

501 W Fifth St Siler City, NC 27344

Estimated Value: $231,000 - $323,000

3 Beds
2 Baths
1,462 Sq Ft
$183/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $237,800 $163 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,605/month

83 Days on Market

Highlights

  • Ranch Style House
  • Ceramic Tile Flooring
  • Wood Siding
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2023

In the heart of Siler City, this home is centrally located within walking distance to convenience stores and community park. 3 bedrooms, 2 bathrooms and a front porch to enjoy and relax at evening after work, brand new roof, remodeled kitchen, tile floors, over sized master bedroom walk in closet, and great corner lot. Selling " as is".

Last Agent to Sell the Property

Edwin Argueta

Winland Group, LLC License #277406 Listed on: 09/23/2022

Last Buyer's Agent

Edwin Argueta

Winland Group, LLC License #277406 Listed on: 09/23/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,493

Year Built

  • Built in 1925

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,462 Sq Ft Home
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Front Facing Garage
  • Gravel Driveway

Schools

  • Siler City Elementary School
  • N Chatham Middle School
  • Jordan Matthews High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,493

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1462.0
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see plat
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Flooring Laminate: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Above Grade Finished Area: 1462.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 9147.6
  • General Property Information Lot Size Acres: 0.21
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.21
  • Construction Type: Vinyl Siding, Wood Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Garage Faces Front, Gravel
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Forced Air, Gas Pack, Natural Gas
  • Cooling: Central Air, Electric, Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Chatham - Jordan Matthews
  • Middle Or Junior School: Chatham - N Chatham

Lot Info

  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1493.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Chatham - Siler City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Feb 28, 2023
Sold by
Canales Sandy Alvarez and Canales Manuel
Bought by
Love Chatham
Seller's Agent
Edwin Argueta
Winland Group, LLC
Buyer's Agent
Edwin Argueta
Winland Group, LLC
List Price
$249,000
Sold Price
$237,800
Premium/Discount to List
-$11,200
-4.5%
Views
118
Current Estimated Value
$266,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,147
Avg. Annual Appreciation
0.21%
Original Mortgage
$217,500
Outstanding Balance
$212,085
Interest Rate
6.33%
Mortgage Type
Seller Take Back
Estimated Equity
$26,941

Purchase Details

Closed on
Nov 22, 2021
Sold by
Hernandez and Manuel
Bought by
Hernandez Antonia Suyapa

Purchase Details

Closed on
Mar 15, 2017
Sold by
First Choice Villas Llc
Bought by
Hernandez Sandy Suyapa Alvarez

Purchase Details

Closed on
Feb 27, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
First Choice Villas Llc

Purchase Details

Closed on
Oct 1, 2013
Sold by
Martin Jerry L and Martin Arlene N
Bought by
Deutsche Bank National Trust Company
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
Love Chatham $237,500 --
Hernandez Antonia Suyapa -- Atwater W Ben
Hernandez Sandy Suyapa Alvarez $14,000 Attorney
First Choice Villas Llc $29,000 None Available
Deutsche Bank National Trust Company $61,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love Chatham $217,500
Previous Owner Alvarez Sandy S $29,000
Previous Owner Martin Jerry L $91,600
Previous Owner Martin Jerry L $22,900
Previous Owner Martin Jerry L $88,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $237,800 -- --
02/28/2023 02/28/23 Sold $237,800 -0.5% $163 / Sq Ft
12/15/2022 12/15/22 Price Changed $239,000 -4.0% $163 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $249,000 -- $170 / Sq Ft
Source: Doorify 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 $1,567 $123,890 $9,680 $114,210
2023 $1,493 $123,890 $9,680 $114,210
2022 $1,493 $123,890 $9,680 $114,210
2021 $1,493 $123,890 $9,680 $114,210
2020 $1,291 $106,668 $13,530 $93,138
2019 $1,291 $106,668 $13,530 $93,138
2018 $1,214 $106,668 $13,530 $93,138
2017 $949 $83,383 $13,530 $69,853
2016 $1,133 $101,687 $16,500 $85,187
2015 $1,120 $101,687 $16,500 $85,187
2014 $1,120 $101,687 $16,500 $85,187
2013 -- $101,687 $16,500 $85,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2475458

Doorify MLS

APN: 62939