NOT LISTED FOR SALE

503 S Central Ave Locust, NC 28097

Locust Area

Estimated Value: $311,000 - $427,837

2 Beds
1 Bath
1,064 Sq Ft
$358/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2017

Last sale price $90,000 $85 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $2,348 / mo

6 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • 1-Story Property
  • Locust Elementary School Rated A-
  • Shed
  • Open Lot

About This Home

As of June 2017

Great opportunity! 2 parcels sold together totaling 2.65 acres of land. Cute little 2 bedroom 1 bath home with extra storage sheds. Located in Locust this is only 20-25 minutes east of I 485.

Last Agent to Sell the Property

Betsy King

Coldwell Banker Realty License #259370 Listed on: 05/18/2017

Coldwell Banker Realty

Co-Listed By

Kristi Fowler

Coldwell Banker Realty License #287335

Last Buyer's Agent

Heather Emminger

Emminger Realty Service LLC License #287169

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Open Lot
  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Asbestos Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Wood Burning Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 5575-03-40-9397/5575-04-50-2482

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

2.36 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.92784
  • Ratio Close Price By Original Li: 0.92784
  • Ratio Current Price By Acre: 38135.59
  • Ratio Current Price By Sq Ft: 84.59
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Cable Prewire, Electric Range, Refrigerator, Electric Oven
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Fixture Exception Description: Green Light in Mud room
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Main, Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 1064
  • Total Sq Ft: 1064

Exterior Features

  • Construction: Asbestos
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Oil Hot Air
  • Sewer: City Sewer, County Sewer
  • Water: City Water, County Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 2parcels
  • Lot Features: Open Lot, Trees, Wooded
  • Parcel Number: 5575-03-40-9397/5575-04-50-2482
  • Plat Reference Section Pages: 564
  • Zoning Specification: GR

Tax Info

  • Tax Value: 72001.00
  • Tax Location: Locust

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Jun 27, 2017
Sold by
Bought by
Seller's Agent
Betsy King
Coldwell Banker Realty
Buyer's Agent
Heather Emminger
Emminger Realty Service LLC
List Price
$97,000
Sold Price
$90,000
Premium/Discount to List
-$7,000
-7.22%
Current Estimated Value
$380,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,959
Avg. Annual Appreciation
17.22%
Original Mortgage
$72,000
Outstanding Balance
$59,691
Interest Rate
3.9%
Estimated Equity
$321,268
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $72,000
Closed --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/27/2017 06/27/17 Sold $90,000 -7.2% $85 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $97,000 -- $91 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,279 $356,380 $46,173 $310,207
2024 $2,903 $266,376 $27,284 $239,092
2023 $2,903 $266,376 $27,284 $239,092
2022 $2,997 $266,376 $27,284 $239,092
2021 $2,970 $266,376 $27,284 $239,092
2020 $2,084 $175,654 $23,926 $151,728
2019 $2,105 $175,654 $23,926 $151,728
2018 $755 $66,856 $23,926 $42,930
2017 $800 $70,839 $23,926 $46,913
2016 $679 $60,121 $22,247 $37,874
2015 $798 $60,121 $22,247 $37,874
2014 $821 $60,121 $22,247 $37,874
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Betsy King

    Coldwell Banker Realty

    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Kristi Fowler

    Coldwell Banker Realty

    Section Image
  • Heather Emminger

    Buyer's Agent in 2017

    Heather Emminger

    Emminger Realty Service LLC

    (704) 303-3417

    15 Total Sales

    Heather Emminger
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3281788

Canopy MLS

APN: 5575-03-40-9397

North Carolina Stanly County Locust 28097

503 S Central Ave, Locust, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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