NOT LISTED FOR SALE

502 Ike Lynch Rd Dallas, NC 28034

Estimated Value: $284,501 - $296,000

3 Beds
2 Baths
1,886 Sq Ft
$154/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $233,000 $124 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,721/month

52 Days on Market

About This Home

As of January 2022

This is a beautiful and well maintained home in the Dallas area! Fully renovated all Brick home with Matching Out Building, 2 Car Port, and Covered Patio! This house has an open floor plan with a easy indoor & outdoor entertaining flow. Everything in the house is ready to move in! Fresh kitchen cabinets, Tile countertops, everything in the bathroom is new, freshly painted interior, new light fixtures, new switches and outlets, and ceiling fans! There is also a generous laundry room! Comes with dishwasher, microwave, and stove/oven. HVAC, and roof appear to be newer. Enormous Masters Suite with direct access via a cute porch from the backyard with an even bigger walk-in closet! Beautifully landscaped and completely fenced and spacious back yard with a beautiful private light pole! This is a move in ready house that does not need to be touched. MOVE IN, RELAX, and ENJOY. Conveniently located near Highway 321, local shopping and attractions. Highest and best offers accepted!

Last Agent to Sell the Property

Ralph Harvey

Listwithfreedom.com Inc License #304715 Listed on: 10/14/2021

Listwithfreedom.com Inc

Last Buyer's Agent

Faiyaz Dossaji

Keller Williams Connected License #92614

Keller Williams Connected

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 0.31

Home Design

  • Ranch Style House

Flooring

  • Tile
  • Vinyl

Schools

  • Costner Elementary School
  • W.C. Friday Middle School
  • North Gaston High School

Additional Features

  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 165668

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.93574
  • Ratio Close Price By Original Li: 0.84727
  • Ratio Current Price By Acre: 751612.90
  • Ratio Current Price By Sq Ft: 123.54
  • Year Built: 1964
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Disposal, Microwave
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Other
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1886
  • Total Sq Ft: 1886

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Parking: Carport - 2 Car

Utilities

  • Heating: Central Air
  • Water Heater: Electric

Schools

  • Elementary School: Costner
  • Middle School: W.C. Friday
  • High School: North Gaston
  • Middle Or Junior School: W.C. Friday

Lot Info

  • Lot Dimension: 59x127x111x158
  • Lot Size Area: 0.310
  • Parcel Number: 165668
  • Zoning Specification: R1

Tax Info

  • Tax Value: 136420.00
  • Tax Location: Gaston

MLS Schools

  • Elementary School: Costner
  • High School: North Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Jan 5, 2022
Sold by
Vvgroup Llc
Bought by
Bailey Rachel M and Bailey Brian Richard
Seller's Agent
Ralph Harvey
Listwithfreedom.com Inc
Buyer's Agent
Faiyaz Dossaji
Keller Williams Connected
List Price
$275,000
Sold Price
$233,000
Premium/Discount to List
-$42,000
-15.27%
Current Estimated Value
$291,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,125
Avg. Annual Appreciation
6.31%
Original Mortgage
$228,779
Outstanding Balance
$211,306
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$79,819

Purchase Details

Closed on
Aug 9, 2021
Sold by
Cabe Ronald Eugene and Cabe Gail
Bought by
Vvgroup Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 1977
Bought by
Cabe Ronald E and Cabe Gail E
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
Bailey Rachel M $233,000 Hance & Hance Pa
Vvgroup Llc $177,000 Lion Title Insurance
Cabe Ronald E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Rachel M $228,779
Previous Owner Vvgroup Llc $175,000
Previous Owner Cabe Ronald E $89,800
Previous Owner Cabe Ronald E $85,000
Previous Owner Cabe Ronald E $77,000
Previous Owner Cabe Ronald E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $233,000 -6.4% $124 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
11/03/2021 11/03/21 Price Changed $249,000 -9.5% $132 / Sq Ft
10/14/2021 10/14/21 For Sale $275,000 -- $146 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,625 $227,630 $17,000 $210,630
2024 $1,625 $227,630 $17,000 $210,630
2023 $1,582 $227,630 $17,000 $210,630
2022 $1,270 $138,080 $13,500 $124,580
2021 $1,274 $136,420 $13,500 $122,920
2019 $1,288 $136,420 $13,500 $122,920
2018 $841 $86,400 $12,000 $74,400
2017 $841 $86,400 $12,000 $74,400
2016 $841 $86,400 $0 $0
2014 $831 $85,450 $15,000 $70,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3796125

Canopy MLS (Canopy Realtor® Association)

APN: 165668