NOT LISTED FOR SALE

505 S 2nd Ave Siler City, NC 27344

Estimated Value: $195,000 - $206,075

3 Beds
2 Baths
1,092 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $180,000 $165 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,252/month

28 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • 1-Story Property
  • No HOA
  • Window Unit Cooling System
  • Combination Kitchen and Dining Room

About This Home

As of January 2023

This cozy adorable one level home features 3 bedrooms, 2 bathrooms, back deck for entertainment, and a covered small front porch to relax after a hard days work. Enjoy a very well designed floor plan. This home is centrally located within minutes to schools, hospitals, and all amenities. Come see it today!

Last Agent to Sell the Property

Edwin Argueta

Redfin Corporation License #277406 Listed on: 12/08/2022

Last Buyer's Agent

Alejandra Galindo

Compass -- Raleigh License #319810

Compass -- Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,095

Year Built

  • Built in 1983

Lot Details

  • 0.37 Acre Lot
  • Open Lot

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Parking

  • Garage
  • Front Facing Garage
  • Private Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Virginia Cross Elementary School
  • N Chatham Middle School
  • Jordan Matthews High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,095

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Year Built: 1983
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1092.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Plat
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Attic Features Pull-Down Stairs: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Interior Features Shower Only: Yes
  • Remarks and Miscellaneous Syndication Remarks2: This cozy adorable one level home features 3 bedrooms, 2 bathrooms, back deck for entertainment, and a covered small front porch to relax after a hard days work. Enjoy a very well designed floor plan. This home is centrally located within minutes to schools, hospitals, and all amenities. Come see it today!
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 1092.0
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Lot Size Square Feet2: 16117.2
  • General Property Information Lot Size Acres: 0.37
  • General Property Information:Living Area3: 1092.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: Kitchen/Dining Room Combination, Shower Only
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes

Exterior Features

  • Acres: 0.37
  • Home Warranty: Yes
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Open Lot: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Garage Faces Front
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes

Utilities

  • Heating: Electric, Space Heater
  • Cooling: Electric, Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Chatham - Jordan Matthews
  • Middle Or Junior School: Chatham - N Chatham

Lot Info

  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 16117.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1095.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Chatham - Virginia Cross

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Jan 31, 2023
Sold by
Rodriguez Nancy D Luna and Rodriguez Ricardo Salazar
Bought by
Rangel Jose Ramon Contre
Seller's Agent
Edwin Argueta
Redfin Corporation
Buyer's Agent
Alejandra Galindo
Compass -- Raleigh
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Views
133
Current Estimated Value
$201,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,769
Avg. Annual Appreciation
4.15%
Original Mortgage
$171,000
Outstanding Balance
$165,427
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$36,342

Purchase Details

Closed on
Feb 28, 2017
Sold by
Cooper Jessica Michelle
Bought by
Rodriguez Nancy D Lune

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,715
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2013
Sold by
Fannie Mae
Bought by
Cooper Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rangel Jose Ramon Contre $180,000 --
Rangel Jose Ramon Contre $180,000 None Listed On Document
Rodriguez Nancy D Lune $98,500 Attorney
Cooper Jessica M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangel Jose Ramon Contre $171,000
Closed Rangel Jose Ramon Contre $171,000
Previous Owner Rodriguez Nancy D Lune $96,715
Previous Owner Cooper Jessica M $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $180,000 -- --
01/31/2023 01/31/23 Sold $180,000 -7.7% $165 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $195,000 -- $179 / Sq Ft
Source: Doorify 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 $2,268 $176,534 $20,550 $155,984
2024 $2,268 $90,578 $17,125 $73,453
2023 $1,146 $90,578 $17,125 $73,453
2022 $1,091 $90,578 $17,125 $73,453
2021 $1,091 $90,578 $17,125 $73,453
2020 $1,104 $91,207 $14,850 $76,357
2019 $1,104 $91,207 $14,850 $76,357
2018 $1,038 $91,207 $14,850 $76,357
2017 $1,038 $91,207 $14,850 $76,357
2016 $1,052 $94,415 $16,500 $77,915
2015 $1,040 $94,415 $16,500 $77,915
2014 $1,040 $94,415 $16,500 $77,915
2013 -- $94,415 $16,500 $77,915
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2023

    Alejandra Galindo

    Compass -- Raleigh

    (330) 391-9307

    103 Total Sales

    Alejandra Galindo
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Map

Source: Doorify MLS

MLS Number: 2486419

Doorify MLS

APN: 61416

North Carolina Chatham County Siler City 27344

505 S 2nd Ave, Siler City, NC

Not Listed for Sale

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