NOT LISTED FOR SALE

502 S Myrtle Ave China Grove, NC 28023

Estimated Value: $264,000 - $325,000

4 Beds
2 Baths
2,118 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 28, 2015

Last sale price $115,500 $55 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,757/month

117 Days on Market

Highlights

  • Living Room with Fireplace
  • Storm Windows
  • Forced Air Heating and Cooling System
  • Front Porch
  • 1 Detached Carport Space
  • Level Lot

About This Home

As of December 2015

This home has a modern kitchen and baths while still maintaining its original charm and elegance. Wood and tile floors, B-boars, lots of built-ins and even stamped metal ceilings. The large corner lot is conveniently located between the elementary school and the community center. The home provides lots of living space and also generous storage space.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 110x149
  • Level Lot
  • Possible uses of the property include Other - See Remarks, Residential

Parking

  • 1 Detached Carport Space

Home Design

  • Brick Exterior Construction
  • Metal Siding

Interior Spaces

  • 2,118 Sq Ft Home
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Front Porch

Schools

  • China Grove Elementary And Middle School
  • South Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 035

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,268

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Other
  • Year Built: 1924
  • Inclusions: Building
  • Road Frontage Type: Interstate 1 mile or Less
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Other - See Remarks, Residential
  • Appliances: Dishwasher, Exhaust Hood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Living Area: 2118
  • Window Features: Storm Window(s)
  • Room Count: 8

Exterior Features

  • Construction Type: Brick Partial, Metal, Other - See Remarks
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Carport

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer, None
  • Cooling: Central Air
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: China Grove

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 035
  • Lot Size: 110x149
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: China Grove
  • High School: South Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2020
Sold by
Freeman Rebecca and Estate Of Ella Mae Mesimer
Bought by
Bentley Construction Company Inc
Current Estimated Value
$298,884

Purchase Details

Listed on
Jul 9, 2015
Closed on
Dec 28, 2015
Sold by
Swanson Lawrence M and Swanson Erica K
Bought by
Labor Annalisa
List Price
$119,900
Sold Price
$115,500
Premium/Discount to List
-$4,400
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$118,766
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2014
Sold by
Hamm Robert and Hamm Julie
Bought by
Swanson Lawrence M and Swanson Erica K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,098
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2008
Sold by
Wachovia Bank Na
Bought by
Hamm Robert and Hamm Julie

Purchase Details

Closed on
Feb 16, 2007
Sold by
Eddleman Jacqueline Denise
Bought by
Wachovia Bank Na
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
Bentley Construction Company Inc $57,000 None Available
Labor Annalisa $115,500 None Available
Swanson Lawrence M $105,000 None Available
Hamm Robert $65,000 None Available
Wachovia Bank Na $95,325 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labor Annalisa $118,766
Previous Owner Swanson Lawrence M $103,098
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2016 03/28/16 Off Market $115,500 -- --
12/28/2015 12/28/15 Sold $115,500 -3.7% $55 / Sq Ft
11/03/2015 11/03/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $119,900 -- $57 / 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 $2,268 $209,995 $34,500 $175,495
2024 $2,268 $209,995 $34,500 $175,495
2023 $2,268 $209,995 $34,500 $175,495
2022 $1,672 $137,294 $28,750 $108,544
2021 $1,644 $137,294 $28,750 $108,544
2020 $1,644 $137,294 $28,750 $108,544
2019 $1,644 $137,294 $28,750 $108,544
2018 $1,408 $115,082 $28,750 $86,332
2017 $1,408 $115,082 $28,750 $86,332
2016 $1,408 $115,082 $28,750 $86,332
2015 $1,430 $115,082 $28,750 $86,332
2014 $1,397 $115,476 $25,300 $90,176
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R57903

Canopy MLS (Canopy Realtor® Association)

APN: 104-035