NOT LISTED FOR SALE

502 E 2nd Ave Chadbourn, NC 28431

Estimated Value: $108,000 - $138,701

2 Beds
1 Bath
1,595 Sq Ft
$78/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $95,000 $60 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $749/month

37 Days on Market

Highlights

  • Deck
  • 3 Fireplaces
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of March 2022

Welcome Home! 502 E 2nd Ave is a lovely residence situated on the corner of 2nd Ave and Oak Street in the quaint town of Chadbourn. This corner lot is a little over 1/4 acre, offering plenty of space for expansion. With around 1600sf of finished conditioned living space inside, this 2 BR home presents options to expand or change floor plan to fit your needs. Home offers a huge kitchen, large dining room and spacious living room, both with hardwood floors and wood burning fireplaces. Another fireplace can be found in one of the two bedrooms. The house features deep covered front porch with detailed trim/molding and covered rear porch as well. Some updating has been done to this great home that is over a century old, but there is loads of opportunity for a new owner to get creative both inside and out. Don't miss out on this opportunity!

Last Agent to Sell the Property

Joel Sheesley

Coldwell Banker Sea Coast Advantage License #264373 Listed on: 12/28/2021

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Joel Sheesley

BlueCoast Realty Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $566

Year Built

  • Built in 1910

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 150 x 82
  • Corner Lot
  • Property is zoned R-7

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,595 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces
  • Family Room
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0250.01-49-5052.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$566

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central, See Remarks, Wall/Window Unit(s)
  • Deed Page: 877.00
  • Directions To Property: Take 74/76 W past Whiteville, then take exit to follow 76 towards Chadbourn. Take first left onto Tommie Wooten Rd. Follow to Stop sign at Strawberry Rd. Follow straight across onto N Elm St. Take right onto E 2nd Ave. Home on corner of East 2nd Ave & Oak St.
  • Document Count: 3
  • Fencing: None
  • Fireplace: 3+
  • Foundation: Crawl Space
  • Fuel Tank: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100306409
  • List Priceper Sq Ft: 68.34
  • Location Type: Mainland
  • Lot Acres: 0.28
  • Lot Description: Corner Lot
  • Lot Dimensions: 150 x 82
  • Lot Sq Ft: 12300.00
  • Marketing City: Chadbourn
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Porch, Deck
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Special Assessments: None Known
  • Sq Ft Heated: 1595.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Not In Subdivision
  • Tax Identifier: 0250.01-49-5052.000
  • Tax Year: 2021
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 565.93
  • Total Heated Primary Separate Sq Ft: 1595.00
  • Year Built: 1910
  • Zoning: R-7
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Flooring: Vinyl, Wood
  • Interior Amenities: 1st Floor Master
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Heated Sq Ft: 1400 - 1599
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Mar 10, 2022
Sold by
Flack and Mary
Bought by
Thompson John
Seller's Agent
Joel Sheesley
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Joel Sheesley
Coldwell Banker Sea Coast Advantage
List Price
$119,000
Sold Price
$95,000
Premium/Discount to List
-$24,000
-20.17%
Current Estimated Value
$132,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,042
Avg. Annual Appreciation
7.28%
Original Mortgage
$90,250
Outstanding Balance
$84,020
Interest Rate
3.92%
Mortgage Type
Balloon
Estimated Equity
$40,405

Purchase Details

Listed on
Mar 24, 2017
Closed on
Apr 7, 2017
Sold by
Argo Investments Of Columbus Inc
Bought by
Flack Mary C
Seller's Agent
Eric Hill
J. Ray Realty, LLC
Buyer's Agent
Paul Schaefer
RE/MAX Community Brokers
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Jun 28, 2016
Sold by
Fipps Mckeithan Mary Alice and Mckeithan Earl Emory
Bought by
Argo Investments Of Columbus Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Thompson John $95,000 Walton & Scott Llp
Flack Mary C $60,000 None Available
Argo Investments Of Columbus Inc $18,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson John $90,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2022 03/11/22 Sold $95,000 -12.8% $60 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
02/03/2022 02/03/22 Price Changed $109,000 -8.4% $68 / Sq Ft
12/28/2021 12/28/21 For Sale $119,000 +98.3% $75 / Sq Ft
04/10/2017 04/10/17 Sold $60,000 0.0% $38 / Sq Ft View Prior Sale
03/31/2017 03/31/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $60,000 -- $38 / 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
2025 $792 $82,300 $8,200 $74,100
2024 $792 $82,300 $8,200 $74,100
2023 $792 $82,300 $8,200 $74,100
2022 $792 $82,300 $8,200 $74,100
2021 $566 $54,900 $8,200 $46,700
2020 $498 $46,700 $7,400 $39,300
2019 $498 $46,700 $7,400 $39,300
2018 $498 $46,700 $7,400 $39,300
2017 $501 $46,700 $7,400 $39,300
2016 $506 $46,700 $7,400 $39,300
2015 $516 $46,700 $7,400 $39,300
2014 $516 $46,700 $7,400 $39,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100306409

Hive MLS

APN: 0024933