NOT LISTED FOR SALE

506 Otis Ave Princeville, NC 27886

Estimated Value: $125,000 - $164,000

3 Beds
2 Baths
1,550 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $125,000 $81 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $874/month

9 Days on Market

Highlights

  • Ranch Style House
  • Den
  • Eat-In Kitchen
  • No HOA
  • Covered Patio or Porch
  • Central Air

About This Home

As of October 2021

Beautifully newly updated remodel on large lot. Open Family Room w/ Hardwood Flooring leads to spacious Eat-in Kitchen w/ updated Counter Tops, Subway Tile Backsplash. All new bathroom fixtures, new vanity in guest bthrm. New Carpet, Vinyl Flooring, and Ceiling Fans throughout. New modern interior paint color and trim and exterior paint bring so much character and warmth to this home. Kick your feet up in the large Den or turn it into a space for entertaining.

Last Agent to Sell the Property

Kim Hodges

HODGES REALTY GROUP LLC License #296478 Listed on: 09/01/2021

Last Buyer's Agent

Belinda Faulkner

Moorefield Real Estate LLC License #283775

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,041

Year Built

  • Built in 1970

Lot Details

  • 0.75

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,550 Sq Ft Home
  • Den
  • Utility Room
  • Laundry on main level
  • Vinyl Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Front Facing Garage
  • Side Facing Garage
  • Private Driveway

Schools

  • Edgecombe County Schools Elementary And Middle School
  • Edgecombe County Schools High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • 0.75 Acre Lot

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,041

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1550.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Survey Needed
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Room Types Den2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • General Property Information Above Grade Finished Area: 1550.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 32670.0
  • General Property Information Lot Size Acres: 0.75
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Eat-in Kitchen
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.75
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Propane
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Edgecombe County Schools
  • Middle Or Junior School: Edgecombe County Schools

Lot Info

  • Lot Dimensions: Survey Needed
  • Lot Size Sq Ft: 32670.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1041.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Edgecombe County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 18, 2021
Sold by
Hooks Kareem and Hooks Jania
Bought by
Fleming Sarah and Fleming Richard Lynn
Seller's Agent
Kim Hodges
HODGES REALTY GROUP LLC
Buyer's Agent
Belinda Faulkner
Moorefield Real Estate LLC
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$144,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,207
Avg. Annual Appreciation
4.18%
Original Mortgage
$127,000
Outstanding Balance
$117,819
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$28,732

Purchase Details

Listed on
Mar 27, 2021
Closed on
May 21, 2021
Sold by
Witherspoon Wilbert and Staton Harriet A
Bought by
Hooks Kareem
Seller's Agent
TINA DIXON
Keller Williams Realty Points East
Buyer's Agent
Todrick Nelson
KW Wilson (Keller Williams Realty)
List Price
$95,500
Sold Price
$88,000
Premium/Discount to List
-$7,500
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.30%
Original Mortgage
$90,000
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2016
Closed on
Jun 30, 2016
Sold by
Johnson Milton Douglas
Bought by
Witherspoon Wilbert
Seller's Agent
TINA DIXON
KELLER WILLIAMS REALTY POINTS EAST
Buyer's Agent
TINA DIXON
KELLER WILLIAMS REALTY POINTS EAST
List Price
$68,000
Sold Price
$68,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Source: Public Records

Range of Values:

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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
Fleming Sarah $125,000 None Available
Hooks Kareem $88,000 None Available
Witherspoon Wilbert $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleming Sarah $127,000
Previous Owner Hooks Kareem $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $125,000 -- --
10/28/2021 10/28/21 Sold $125,000 0.0% $81 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $125,000 +42.0% $81 / Sq Ft
04/11/2021 04/11/21 Sold $88,000 -7.9% $54 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $95,500 +40.4% $58 / Sq Ft
06/15/2016 06/15/16 Sold $68,000 0.0% $45 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $68,000 -- $45 / 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
2024 $1,272 $0 $0 $0
2023 $1,041 $0 $0 $0
2022 $1,041 $0 $0 $0
2021 $1,041 $0 $0 $0
2020 $1,041 $0 $0 $0
2019 $1,041 $0 $0 $0
2018 $1,041 $0 $0 $0
2017 $104,106 $0 $0 $0
2016 $1,300 $0 $0 $0
2015 $129,986 $0 $0 $0
2014 $125,403 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2404926

Doorify MLS

APN: 4748-00-4716-00