NOT LISTED FOR SALE

503 Providence Rd Graham, NC 27253

Estimated Value: $178,000 - $275,000

2 Beds
2 Baths
1,300 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 09, 2019

Last sale price $85,000 $65 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,256/month

12 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Porch

About This Home

As of October 2019

3 Bedrm 2 Full Bath Cottage w/ Detached Garage and storage barn. Walk in Attic. Fireplace. Property is owned by US Depart of HUD, case 387-218022. FHA Financing is IE. $9,185 in repair escrow. Subject to Appraisal. HUD homes are sold AS-IS. Equal Housing Opportunity. Seller makes no represent/warrant as to prop condition. Seller may contribute up to 3% for buyer's closing costs upon buyer request. Owner-Occupant borrowers may qualify for $100 down payment w FHA. LBP Notice attached in Addendum.

Last Agent to Sell the Property

Paula Fields

My Favorite Realty, Inc License #243993 Listed on: 06/28/2019

Last Buyer's Agent

Julio Hernandez

CASAS CAROLINA REALTY License #230479

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $509

Year Built

  • Built in 1950

Lot Details

  • 0.53

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 1,209 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

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

Additional Features

  • Porch
  • Property is zoned RS

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 135307
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$509

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 23130
  • Subdivision Name: None
  • Directions: 85 N to Exit 147, L off exit and go straight around center building, continue straight to left on Providence. Home on right.
  • Above Grade Finished Sq Ft: 1209
  • Architectural Style: Cape Cod
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1209
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Aluminum Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Detached
  • Garage Description: Detached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 135307
  • Zoning: RS
  • TRIADMLS_DeedPage: 0701
  • TRIADMLS_DeedBook: 3275
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 509
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Gomez Aviles David
Bought by
Gomez Aviles Catalina and Castillo Lopez Samuel
Current Estimated Value
$216,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,291
Outstanding Balance
$95,818
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$120,312

Purchase Details

Listed on
Jun 28, 2019
Closed on
Oct 8, 2019
Sold by
The Secretary Of Hud
Bought by
Gomez Aviles David
Seller's Agent
Paula Fields
My Favorite Realty, Inc
Buyer's Agent
Julio Hernandez
CASAS CAROLINA REALTY
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.33%
Original Mortgage
$96,291
Interest Rate
3.5%

Purchase Details

Closed on
May 15, 2019
Sold by
Us Bank Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Feb 26, 2019
Sold by
Substitute Trustee Services Inc
Bought by
Us Bank Na

Purchase Details

Listed on
Apr 8, 2013
Closed on
Oct 24, 2013
Sold by
Mcwherter Sean
Bought by
Gunn Jeffrey M
Seller's Agent
Ron Alt
Coldwell Banker Advantage
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$92,900
Sold Price
$87,000
Premium/Discount to List
-$5,900
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$85,424
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 2, 2012
Closed on
Feb 1, 2013
Sold by
The Secretary Of Veteran Affia
Bought by
Mcwherter Sean
Seller's Agent
Vee Nielsen
TRIAD HOMES REALTY, INC.
Buyer's Agent
Ron Alt
Coldwell Banker Advantage
List Price
$55,900
Sold Price
$41,000
Premium/Discount to List
-$14,900
-26.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
184.31%

Purchase Details

Closed on
Aug 22, 2012
Sold by
Brock & Scott Pllc Sub Tr
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jun 27, 2000
Sold by
Jordan Albert Jay
Bought by
Majors Randy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,950
Interest Rate
8.63%
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
Gomez Aviles Catalina $86,500 None Listed On Document
Gomez Aviles Catalina $86,500 None Listed On Document
Gomez Aviles David -- None Available
The Secretary Of Hud -- Servicelink Title Co
Us Bank Na $72,960 None Available
Gunn Jeffrey M $87,000 --
Mcwherter Sean -- --
Secretary Of Veterans Affairs $64,335 --
Majors Randy P $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Aviles Catalina $96,291
Closed Gomez Aviles Catalina $96,291
Previous Owner Gomez Aviles David $96,291
Previous Owner Gunn Jeffrey M $85,424
Previous Owner Ezzell Jeffrey R $124,221
Previous Owner Majors Randy P $99,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2019 10/09/19 Sold $85,000 -2.3% $85 / Sq Ft
10/28/2013 10/28/13 Sold $87,000 -6.4% $64 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $92,900 +126.6% $69 / Sq Ft
02/08/2013 02/08/13 Sold $41,000 -26.7% $36 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
10/02/2012 10/02/12 For Sale $55,900 -- $49 / Sq Ft
Source: Triad 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
2024 $866 $184,751 $13,500 $171,251
2023 $794 $184,751 $13,500 $171,251
2022 $956 $86,758 $10,000 $76,758
2021 $964 $86,758 $10,000 $76,758
2020 $973 $86,758 $10,000 $76,758
2019 $976 $86,758 $10,000 $76,758
2018 $0 $86,758 $10,000 $76,758
2017 $898 $86,758 $10,000 $76,758
2016 $969 $93,641 $20,000 $73,641
2015 $540 $93,641 $20,000 $73,641
2014 $494 $93,641 $20,000 $73,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 939076

Triad MLS

APN: 135307