NOT LISTED FOR SALE

502 Ridge Ave China Grove, NC 28023

Estimated Value: $185,000 - $231,000

3 Beds
1 Bath
1,050 Sq Ft
$194/Sq Ft Est. Value

Last Sold September 18, 2018

Last sale price $123,500 $118 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,234/month

11 Days on Market

About This Home

As of September 2018

This 1950's home is absolutely beautiful! New windows, siding and HVAC. 3 BEDROOMS and 1 bathroom. New granite in the kitchen with tile backsplash. Beautiful refinished hardwood flooring! New vinyl plank flooring in the kitchen and bathroom. This is a must see home!

Last Agent to Sell the Property

Paula Severt

Lantern Realty & Development, LLC License #256100 Listed on: 08/05/2018

Lantern Realty & Development, LLC

Last Buyer's Agent

Melanie Mills Johnson

Lifestyle International Realty License #290237

Lifestyle International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 8,712

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Additional Features

  • 1 Full Bathroom
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 10113001

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.99197
  • Ratio Close Price By Original Li: 0.96863
  • Ratio Current Price By Acre: 617500.00
  • Ratio Current Price By Sq Ft: 117.62
  • Year Built: 1955
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric
  • Flooring: Vinyl, Wood
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1050
  • Total Sq Ft: 1050

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Earth, Gravel
  • Parking: Carport - 1 Car

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: China Grove
  • Middle School: China Grove
  • High School: Jesse Carson

Lot Info

  • Lot Dimension: 100x83
  • Lot Size Area: 0.200
  • Parcel Number: 10113001
  • Plat Reference Section Pages: 999
  • Zoning Specification: sfr

Tax Info

  • Tax Value: 52942.00
  • Tax Location: China Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2018
Closed on
Sep 18, 2018
Sold by
Severt Robert and Severt Paula
Bought by
Brown Madison
Seller's Agent
Paula Severt
Lantern Realty & Development, LLC
Buyer's Agent
Melanie Mills Johnson
Lifestyle International Realty
List Price
$127,500
Sold Price
$123,500
Premium/Discount to List
-$4,000
-3.14%
Current Estimated Value
$203,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,395
Avg. Annual Appreciation
8.21%
Original Mortgage
$1,255,000
Outstanding Balance
$1,113,610
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$900,915

Purchase Details

Listed on
Apr 24, 2018
Closed on
May 10, 2018
Sold by
Watson Ruth B
Bought by
Severt Robert and Severt Paula
Seller's Agent
Robbie Julian
RBJ Realty LLC
Buyer's Agent
Paula Severt
Lantern Realty & Development, LLC
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
646.26%

Purchase Details

Closed on
Aug 9, 1993
Bought by
Blewitt Zella Catherine
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brown Madison $123,500 None Available
Severt Robert $60,000 None Available
Blewitt Zella Catherine $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Madison $1,255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2018 09/18/18 Sold $123,500 -0.8% $118 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/10/2018 08/10/18 Price Changed $124,500 -2.4% $119 / Sq Ft
08/05/2018 08/05/18 For Sale $127,500 +112.9% $121 / Sq Ft
05/10/2018 05/10/18 Sold $59,900 0.0% $59 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $59,900 -- $59 / 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
2024 $1,415 $131,057 $18,000 $113,057
2023 $1,415 $131,057 $18,000 $113,057
2022 $1,092 $89,727 $15,000 $74,727
2021 $1,074 $89,727 $15,000 $74,727
2020 $1,074 $89,727 $15,000 $74,727
2019 $1,074 $89,727 $15,000 $74,727
2018 $324 $52,942 $15,000 $37,942
2017 $324 $52,942 $15,000 $37,942
2016 $324 $52,942 $15,000 $37,942
2015 $329 $52,942 $15,000 $37,942
2014 $306 $50,646 $11,220 $39,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3421207

Canopy MLS (Canopy Realtor® Association)

APN: 101-13001