NOT LISTED FOR SALE

502 Fairly St Laurinburg, NC 28352

Estimated Value: $65,000 - $105,189

3 Beds
1.5 Baths
1,595 Sq Ft
$49/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $58,000 $36 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $453/month

31 Days on Market

Highlights

  • No HOA
  • Formal Dining Room
  • Storm Windows
  • Den
  • Porch
  • Living Room

About This Home

As of November 2023

Great 3 bedroom 1.5 bath Brick home. Spacious floor plan, the Den could be converted into a 4th bedroom if needed. This Home is located in a great area within walking distance to downtown shopping and dinning area for dinner and drinks. This home was a Rental for many years. With updating and improvements it could be a great investment property or beautiful primary residence with that small town feeling. This will be a CASH deal since it might not qualify for financing.

Last Agent to Sell the Property

Rick Best

Realty World-Graham/ Grubbs & Associates License #299261 Listed on: 07/31/2023

Realty World-Graham/ Grubbs & Associates

Last Buyer's Agent

Rick Best

Realty World-Graham/ Grubbs & Associates License #299261 Listed on: 07/31/2023

Realty World-Graham/ Grubbs & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $417

Year Built

  • Built in 1944

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 135 x 86 x 120 x 92
  • Level Lot
  • Property is zoned R6

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,595 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Formal Dining Room
  • Den
  • Crawl Space
  • Pull Down Stairs to Attic
  • Gas Oven

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 1 Attached Carport Space
  • Gravel Driveway

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Sycamore Lane Elementary School
  • Spring Hill Middle School
  • Scotland High School

Utilities

  • Heating System Uses Propane
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01002702005

Home Details

Home Type

Single Family

Est. Annual Taxes

$417

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1944
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Carpet, Laminate
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Room
  • List Price per Sq Ft: 42.95
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Den Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Sq Ft Heated: 1595.00
  • Total Heated Primary Separate Sq Ft: 1595.00

Exterior Features

  • Exterior Features: Storm Doors, Storm Windows
  • Exterior Finish: Brick Veneer, See Remarks
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Concrete, Gravel

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Gas
  • Cooling System: None
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Gas Pack
  • Service Providers Electric Provider: City of Laurinburg
  • Service Providers Sewer Provider: City of Laurinburg
  • Service Providers Water Provider: City of Laurinburg
  • Utilities: Sewer Connected, Water Connected
  • Water Heater: Electric
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 342.00
  • Lot Acres: 0.28
  • Lot Description: Level
  • Lot Dimensions: 135 X 86 X 120 X 92
  • Lot Sq Ft: 12197.00
  • Lot Water Features: None
  • Plat Book: 844
  • Plat Page: 342
  • Zoning: R6

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 01002702005
  • Tax Year: 2023

MLS Schools

  • Elementary School: Sycamore Lane
  • High School: Scotland High
  • Middle School: Spring Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Oct 29, 2023
Sold by
Duncan William Neill and Duncan Carmen C
Bought by
Paradigm Metal Works Llc
Seller's Agent
Rick Best
Realty World-Graham/ Grubbs & Associates
Buyer's Agent
Rick Best
Realty World-Graham/ Grubbs & Associates
List Price
$68,500
Sold Price
$58,000
Premium/Discount to List
-$10,500
-15.33%
Views
400
Current Estimated Value
$78,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,547
Avg. Annual Appreciation
17.71%
Original Mortgage
$85,000
Outstanding Balance
$83,427
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
-$4,880
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
Paradigm Metal Works Llc $58,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradigm Metal Works Llc $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $58,000 -15.3% $36 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $68,500 0.0% $43 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $68,500 -- $43 / 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 $417 $36,580 $8,750 $27,830
2024 $417 $36,630 $8,750 $27,880
2023 $417 $36,610 $8,750 $27,860
2022 $417 $36,610 $8,750 $27,860
2021 $421 $36,610 $8,750 $27,860
2020 $417 $36,610 $8,750 $27,860
2019 $421 $36,610 $8,750 $27,860
2018 $457 $40,240 $8,750 $31,490
2017 $461 $40,240 $8,750 $31,490
2016 $465 $40,240 $8,750 $31,490
2015 $469 $40,240 $8,750 $31,490
2014 $414 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100397392

Hive MLS

APN: 01-0027-02-005