NOT LISTED FOR SALE

505 E I St Newton, NC 28658

Estimated Value: $331,000 - $405,000

4 Beds
2.5 Baths
3,327 Sq Ft
$108/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $295,000 $89 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,079/month

81 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Four Sided Brick Exterior Elevation

About This Home

As of July 2023

All brick home in Newton has tons of space to grow. Four bedroom, three bath home with a partial basement has room to park 2 cars. Four season room newly added overlooks a large level backyard. Current owners have converted the large family room into 2 additional bedroom spaces and can easily be converted back to family space.
Formal living room, formal dining room, and den provide plenty of room to entertain.Large covered front porch is ideal for your favorite rocking chairs.

Last Listed By

Kelly Burris

Realty Executives of Hickory Brokerage Email: kellyburrishomes@gmail.com License #111568 Listed on: 03/16/2023

Realty Executives of Hickory

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,061

Year Built

  • Built in 1964

Lot Details

  • 0.55

Home Design

  • Ranch Style House
  • Permanent Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Basement
  • Interior and Exterior Basement Entry
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Parking

  • Garage
  • Basement Garage
  • Driveway

Schools

  • South Newton Elementary School
  • Newton Conover Middle School
  • Newton Conover High School

Additional Features

  • Property is zoned R-11
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 3740170070420000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,061

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1964
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 88.67
  • Geocode Confidence: High
  • Attribution Contact: kellyburrishomes@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Permanent
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3327
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1027
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1027
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven
  • Above Grade Finished Sq Ft: 3327
  • Has Basement: Exterior Entry, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 3327
  • Bedroom Main: 4
  • Room Count: 8

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Basement, Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Newton Conover
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.55
  • Lot Size Units: Acres
  • Parcel Number: 3740170070420000
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-11

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: South Newton
  • High School: Newton Conover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Jul 21, 2023
Sold by
Reynolds Christopher Mark and Ledbetter Chasity Nichole
Bought by
Dula Kyesha Londi
Seller's Agent
Kelly Burris
Realty Executives of Hickory
Buyer's Agent
Brooke White
Coldwell Banker Boyd & Hassell
List Price
$319,000
Sold Price
$295,000
Premium/Discount to List
-$24,000
-7.52%
Total Days on Market
81
Views
358
Current Estimated Value
$359,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,128
Avg. Annual Appreciation
11.63%
Original Mortgage
$15,000
Interest Rate
6.69%

Purchase Details

Closed on
Apr 8, 2022
Sold by
Mark Reynolds Christopher and Nich Chasity
Bought by
Reynolds Christopher Mark and Ledbetter Chasity Nichole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 2014
Sold by
Yount Peter E
Bought by
Reynolds Christopher Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,959
Interest Rate
4.19%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2008
Sold by
Yount Jan H
Bought by
Yount Peter Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 23, 2002

Purchase Details

Closed on
May 23, 2001

Purchase Details

Closed on
Oct 16, 1997

Purchase Details

Closed on
Nov 30, 1987

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
Dula Kyesha Londi $295,000 None Listed On Document
Reynolds Christopher Mark $145,000 None Available
Yount Peter Edward -- None Available
-- $137,500 --
-- -- --
-- $130,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dula Kyesha Londi $18,052
Closed Dula Kyesha Londi $15,000
Open Dula Kyesha Londi $286,936
Previous Owner Reynolds Christopher Mark $147,959
Previous Owner Yount Peter E $39,000
Previous Owner Yount Peter Edward $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $295,000 -1.7% $89 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/16/2023 05/16/23 Price Changed $300,000 -3.2% $90 / Sq Ft
04/03/2023 04/03/23 Price Changed $310,000 -2.8% $93 / Sq Ft
03/16/2023 03/16/23 For Sale $319,000 -- $96 / 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 $1,061 $303,000 $16,600 $286,400
2023 $2,571 $303,000 $16,600 $286,400
2022 $1,821 $163,300 $14,700 $148,600
2021 $1,821 $163,300 $14,700 $148,600
2020 $1,821 $163,300 $14,700 $148,600
2019 $1,821 $163,300 $0 $0
2018 $1,589 $142,500 $14,200 $128,300
2017 $1,589 $0 $0 $0
2016 $1,589 $0 $0 $0
2015 $684 $142,500 $14,200 $128,300
2014 $1,840 $182,200 $17,300 $164,900
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4009017

Canopy MLS (Canopy Realtor® Association)

APN: 3740170070420000