NOT LISTED FOR SALE

503 Soloman St Faison, NC 28341

Estimated Value: $100,769 - $173,000

3 Beds
1 Bath
1,008 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 06, 2017

Last sale price $25,000 $25 Per Sq Ft

Est. 469% increase in value since last sale

Current estimated payment $782/month

17 Days on Market

Highlights

  • No HOA
  • Porch
  • 1-Story Property

About This Home

As of July 2017

Good investment property in small town, tenant already in place.

Last Agent to Sell the Property

Pearl West

West Agency LLC License #183470 Listed on: 05/22/2017

Last Buyer's Agent

Pearl West

West Agency LLC License #183470 Listed on: 05/22/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $623

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 150x50
  • Property is zoned R-6mh

Parking

  • On-Site Parking

Home Design

  • Metal Roof
  • Block Exterior
  • Stick Built Home

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Propane
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-575

Home Details

Home Type

Single Family

Est. Annual Taxes

$623

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: None
  • List Price per Sq Ft: 29.76
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Sq Ft Heated: 1008.00
  • Total Heated Primary Separate Sq Ft: 1008.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Block
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Cooling System: Wall/Window Unit(s)
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Other-See Remarks
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 156.00
  • Lot Acres: 0.17
  • Lot Dimensions: 150x50
  • Lot Sq Ft: 7405.00
  • Special Assessments: none known
  • Zoning: R-6mh

Tax Info

  • Tax Identifier: 02-575
  • Tax Year: 2016
  • Total City Real Estate Property Tax: 262.00
  • Total Real Estate Property Taxes: 623.00

MLS Schools

  • School District: Duplin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
Hernandez Janette and Borja Eliasar
Bought by
Trejo Jose Luis Reither
Current Estimated Value
$142,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,111
Outstanding Balance
$100,597
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$41,595

Purchase Details

Listed on
May 22, 2017
Closed on
Jun 28, 2017
Sold by
Hood Christopher Graham
Bought by
Hernandez Janette
Seller's Agent
Pearl West
West Agency LLC
Buyer's Agent
Pearl West
West Agency LLC
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.75%

Purchase Details

Closed on
Dec 27, 1989
Bought by
Hood Vickie O
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

Date Buyer Sale Price Title Company
Trejo Jose Luis Reither $110,000 None Available
Hernandez Janette $25,000 None Available
Hood Vickie O $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trejo Jose Luis Reither $111,111
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2017 07/06/17 Sold $25,000 -16.7% $25 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $30,000 -- $30 / Sq Ft
Source: Hive 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
2025 $444 $76,600 $7,500 $69,100
2024 $363 $49,400 $7,500 $41,900
2023 $356 $49,400 $7,500 $41,900
2022 $356 $49,400 $7,500 $41,900
2021 $363 $49,400 $7,500 $41,900
2020 $363 $49,400 $7,500 $41,900
2019 $353 $49,400 $7,500 $41,900
2018 $353 $49,400 $7,500 $41,900
2016 $324 $44,400 $7,500 $36,900
2013 $1,100 $44,400 $7,500 $36,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100064304

Hive MLS

APN: 02-575