NOT LISTED FOR SALE

506 Stuart Ridge Cramerton, NC 28032

Estimated Value: $988,000 - $1,616,000

0.91 Acre
$1,312,754 Price per Acre
39,640 Sq Ft Lot

Last Sold July 01, 2021

Last sale price $72,000

Est. 1,538% increase in value since last sale

Current estimated payment $7,353/month

18 Days on Market

Highlights

  • Gated Community
  • Cramerton Middle School Rated A-
  • Wooded Lot

About This Lot

As of July 2021

Prime building lot in Cramer Mountain is now on the market Seller has plans drawn for your dream home or design your own. Membership in beautiful Cramer Mountain Country Club is optional.

Last Agent to Sell the Property

Bill Gordon

Douglas Carson, REALTORS License #46871 Listed on: 05/19/2021

Co-Listed By

Cindy Ransone

NextHome Paramount License #178197

Last Buyer's Agent

Jessica Pendergraft

Premier South License #296117

Premier South

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot

HOA Fees

  • $57 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 196158

Community Details

Overview

  • Property Matters Association

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$57 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.02857
  • Ratio Close Price By Original Li: 1.02857
  • Ratio Current Price By Acre: 79120.88
  • Restrictions: Architectural Review
  • Special Features: None

Utilities

  • Sewer: Tap Fee Required
  • Water: Tap Fee Required

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 342.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Property Matters
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: New Hope
  • Middle School: Cramerton
  • High School: Stuart W Cramer

Lot Info

  • Lot Dimension: .91
  • Lot Features: Wooded
  • Lot Size Area: 0.910
  • Parcel Number: 196158
  • Zoning Specification: R-1
  • Plat Reference Section Pages: 671

Tax Info

  • Tax Value: 55010.00
  • Tax Location: Cramerton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 1, 2021
Sold by
Jones Hollis L and Jones Mary Jane
Bought by
Pendergraft Michael Aaron and Pendergraft Jessica
Seller's Agent
Bill Gordon
Douglas Carson, REALTORS
Buyer's Agent
Jessica Pendergraft
Premier South
List Price
$70,000
Sold Price
$72,000
Premium/Discount to List
$2,000
2.86%
Current Estimated Value
$1,179,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,107,556
Avg. Annual Appreciation
98.76%

Purchase Details

Listed on
Jan 12, 2019
Closed on
May 29, 2019
Sold by
Harley Alexandrew and Harley Chelsea M
Bought by
Jones Hollis L and Jones Mary Jane G
Seller's Agent
Freda Hall
Belmont Realty
Buyer's Agent
Freda Hall
Belmont Realty
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.22%

Purchase Details

Closed on
Nov 16, 2018
Sold by
Sells Daniel M and Sells Sherri Lee
Bought by
Harley Alexandrew

Purchase Details

Closed on
Feb 8, 2017
Sold by
Muskrat Point Properties Llc
Bought by
Sells Daniel M and Sells Sherri Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2013
Sold by
Young John B and Young Martha H
Bought by
Muskrat Point Properties Llc
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
Pendergraft Michael Aaron $72,000 None Available
Jones Hollis L $45,000 None Available
Harley Alexandrew $38,500 None Available
Sells Daniel M $30,000 None Available
Muskrat Point Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pendergraft Michael Aaron $151,000
Previous Owner Sells Daniel M $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $72,000 +2.9% --
06/06/2021 06/06/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $70,000 +55.6% --
05/29/2019 05/29/19 Sold $45,000 -10.0% --
05/20/2019 05/20/19 Pending -- -- --
01/12/2019 01/12/19 For Sale $50,000 -- --
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 $10,052 $972,130 $80,790 $891,340
2023 $9,027 $855,640 $80,790 $774,850
2022 $707 $55,010 $55,010 $0
2021 $718 $55,010 $55,010 $0
2019 $723 $55,010 $55,010 $0
2018 $538 $40,000 $40,000 $0
2017 $538 $40,000 $40,000 $0
2016 $538 $40,000 $0 $0
2014 $673 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3741511

Canopy MLS (Canopy Realtor® Association)

APN: 196158