NOT LISTED FOR SALE

502 E 3rd Ave Chadbourn, NC 28431

Estimated Value: $106,000 - $157,000

4 Beds
2 Baths
2,399 Sq Ft
$57/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $110,000 $46 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $753/month

144 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Covered Patio or Porch
  • Corner Lot
  • Home Office
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2023

Historical Chadbourn home with lots unique features - it was originally built to be used as a school house. Situated on a large double lot with 2 outbuildings, there is plenty of room for all your outdoor hobbies. The home needs work but a new metal roof as well as new vinyl siding and heat wrap were installed in 2022. Also, the front porch has been updated with treated lumber and stained. Inside, you'll find plenty of living space that is flexible enough for you to define the rooms to best suit your needs. Upstairs you'll find 2 additional rooms. If you are looking for a home with character, you don't want to miss this opportunity!

Last Agent to Sell the Property

Aimee Freeman

eXp Realty Listed on: 07/11/2023

Last Buyer's Agent

Sally Seller

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $611

Year Built

  • Built in 1910

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 150x200x150x200
  • Property fronts a state road
  • Corner Lot
  • Property is zoned GU

Parking

  • Off-Street Parking

Home Design

  • Metal Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,204 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Crawl Space
  • Electric Oven
  • Laundry Room

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0250.01-49-5463.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$611

Year Built

Built in 1910

Lot Details

0.69 Acres

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 1910
  • Property Sub Type: Single Family Residence
  • Appliances: Electric Oven, Refrigerator
  • Original List Price: 130000.00
  • Unit Levels: One and One Half
  • Living Area: 2204.00
  • Is New Construction?: No
  • Other Structures: Storage
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 58.98
  • Special Features: None

Interior Features

  • Dining Room Type: Combination
  • Flooring: LVT/LVP, Wood
  • Interior Amenities: Master Downstairs, Ceiling Fan(s), Walk-in Shower
  • Master Bedroom Level: Primary Living Area
  • Stories: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 10
  • Room Types: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Living Room, Dining Room, Dining Area, Laundry, Office, Family Room
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.00
  • Living Area Range: 2200 - 2399

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Roof: Metal
  • Road Frontage Type: Maintained, City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront?: No
  • Foundation Details: Other, Crawl Space, Pilings
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Off Street

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating System Fuel Source: Propane
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Has Cooling?: Yes
  • Heating: Propane, Other
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer
  • Fuel Tank Owned Or Leased: Owned
  • Fuel Tank Above Or Below Ground: Above Ground
  • Fuel Tank Fuel Type: Propane

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Lot Info

  • Deed Book: 1152
  • Deed Page: 893.00
  • Zoning: GU
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.69
  • Lot Size: 150x200x150x200
  • Lot Size Sq Ft: 30000.00
  • Purchase Contract Date: 2023-07-20
  • Parcel#: 0250.01-49-5463.000
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2022
  • Tax Book Number: 0
  • Tax Map Number: 0
  • Tax Other Assessment Amount Frequency: None
  • Tax Amount: 611.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Apr 10, 2017
Sold by
Heye Joseph Kemp and Heye Greta C
Bought by
Street Timothy Earl and Street Kimberly Danford
Seller's Agent
Joe Tatum
Tatum Realty and Property Management Services
Buyer's Agent
Joe Tatum
Tatum Realty LLC
List Price
$34,900
Sold Price
$33,000
Premium/Discount to List
-$1,900
-5.44%
Current Estimated Value
$137,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,454
Avg. Annual Appreciation
17.39%

Purchase Details

Closed on
Dec 19, 1994
Bought by
Heye Joseph Kemp
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
Street Timothy Earl $33,000 None Available
Heye Joseph Kemp -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2023 08/11/23 Sold $110,000 -15.4% $50 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $130,000 0.0% $59 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $130,000 +293.9% $59 / Sq Ft
04/11/2017 04/11/17 Sold $33,000 -5.4% $20 / Sq Ft View Prior Sale
03/10/2017 03/10/17 Pending -- -- --
05/13/2016 05/13/16 For Sale $34,900 -- $21 / Sq Ft
Source: Hive MLS

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 $550 $53,000 $10,000 $43,000
2024 $550 $53,000 $10,000 $43,000
2023 $550 $53,000 $10,000 $43,000
2022 $550 $53,000 $10,000 $43,000
2021 $550 $53,000 $10,000 $43,000
2020 $487 $45,300 $9,000 $36,300
2019 $487 $45,300 $9,000 $36,300
2018 $487 $45,300 $9,000 $36,300
2017 $494 $45,800 $9,000 $36,800
2016 $499 $45,800 $9,000 $36,800
2015 $509 $45,800 $9,000 $36,800
2014 $509 $45,800 $9,000 $36,800
Source: Public Records

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Map

Source: Hive MLS

MLS Number: 100372047

Hive MLS

APN: 0024523

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