NOT LISTED FOR SALE

505 N 3rd Ave Mayodan, NC 27027

Estimated Value: $151,000 - $192,000

-- Bed
2 Baths
1,400 Sq Ft
$127/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $32,500 $23 Per Sq Ft

Est. 446% increase in value since last sale

Current estimated payment $1,086/month

192 Days on Market

Highlights

  • No HOA
  • Central Air
  • Carpet
  • Outdoor Storage
  • Level Lot
  • Heat Pump System

About This Home

As of September 2018

Great, affordable office space. Over 1200 sq feet manufactured building currently used for a doctor's office. Large waiting area. Reception area and file room is good size. Three examining rooms, 2 half baths, lab room and kitchen area. Very nice parking lot and storage building. Affordably priced.

Last Agent to Sell the Property

Carole Roberts

Coldwell Banker Advantage License #60793 Listed on: 02/16/2018

Coldwell Banker Advantage

Last Buyer's Agent

Frank Odell

North Star Realty License #181397

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $669

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 100 x 150
  • Level Lot

Interior Spaces

  • 2 Bathrooms
  • 1,296 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Vinyl

Parking

  • No Garage
  • Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 120423
  • 1% Total Tax Rate

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$669

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Manufactured Home
  • Prop. Type: Residential
  • Lot Size: 100 x 150
  • Subdivision Name: None
  • Directions: 220 N exit on Hwy 135 turn west, R on Business 220. L on Madison, R on 3rd Ave.
  • Above Grade Finished Sq Ft: 1296
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: Manufactured House
  • Year Built: 1979
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Crawl Space
  • Half Bathrooms: 2
  • Living Area: 1296
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 2

Exterior Features

  • Exterior Features: Remarks
  • Lot Features: Level
  • Pool Features: None
  • Construction Type: See Remarks
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, Paved, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 120423
  • Zoning: Res
  • TRIADMLS_PlatBook: 1-18
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 669
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Sep 19, 2018
Sold by
Qureshi Ayyaz M and Qureshi Shala
Bought by
Gentry Shayna Claybrook
Seller's Agent
Carole Roberts
Coldwell Banker Advantage
Buyer's Agent
Frank Odell
North Star Realty
List Price
$55,000
Sold Price
$32,500
Premium/Discount to List
-$22,500
-40.91%
Current Estimated Value
$177,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,833
Avg. Annual Appreciation
26.25%
Original Mortgage
$55,000
Outstanding Balance
$33,868
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$143,465

Purchase Details

Closed on
Jan 17, 2014
Sold by
Qureshi Mariam Rabiya and Qureshi Mariam Rabylia
Bought by
Qureshi Ayyaz M and Qureshi Shahla

Purchase Details

Closed on
May 25, 2006
Sold by
Qureshi Ayyaz M and Qureshi Shahla
Bought by
Qureshi Mariam Rabylia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Gentry Shayna Claybrook $32,500 None Available
Qureshi Ayyaz M -- None Available
Qureshi Mariam Rabylia $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gentry Shayna Claybrook $55,000
Previous Owner Qureshi Mariam Rabylia $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2018 09/20/18 Sold $32,500 -40.9% $30 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $55,000 -- $50 / 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
2025 $1,885 $151,411 $9,900 $141,511
2024 $1,885 $151,411 $9,900 $141,511
2023 $1,885 $87,930 $9,000 $78,930
2022 $1,197 $87,930 $9,000 $78,930
2021 $1,165 $87,930 $9,000 $78,930
2020 $1,165 $87,930 $9,000 $78,930
2019 $1,165 $87,930 $9,000 $78,930
2018 $669 $50,429 $12,000 $38,429
2017 $669 $50,429 $12,000 $38,429
2015 $675 $50,429 $12,000 $38,429
2014 -- $50,429 $12,000 $38,429
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 875101

Triad MLS

APN: 120423