NOT LISTED FOR SALE

507 1st Ave S Conover, NC 28613

Estimated Value: $195,000 - $234,000

2 Beds
2 Baths
1,544 Sq Ft
$141/Sq Ft Est. Value

Last Sold May 20, 2019

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

Est. 74% increase in value since last sale

Current estimated payment $1,245/month

23 Days on Market

Highlights

  • Fireplace
  • Shed
  • 5-minute walk to Rowe Park
  • Shuford Elementary School Rated A
  • Vinyl Flooring

About This Home

As of May 2019

This location is great for expanding your business. This house is zoned MX for Mixed Complex. There is a living room w/ crown molding & fireplace (unsure if operable), formal dining room w/ chair rail, kitchen w/ butler pantry. Bedroom 1 w/ walk-in closet & bedroom 2 share a 2nd full bathroom. Library, Den area with full bath, enclosed back porch, (unheated), with laundry hookups. Front & back covered porches w/ back patio, single carport & storage building. Interior pictures will be taken after Estate Sale.

Last Agent to Sell the Property

Amanda Stokes

RE/MAX Legendary License #242257 Listed on: 03/20/2019

RE/MAX Legendary

Last Buyer's Agent

Robert Deal

NC Realty & Appraisal, Inc. License #118527

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 9,583

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Vinyl Flooring

Additional Features

  • Shed
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 374105079816

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.96154
  • Ratio Close Price By Original Li: 0.90909
  • Ratio Current Price By Acre: 568181.82
  • Ratio Current Price By Sq Ft: 80.96
  • Year Built: 1935
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Outside Entrance
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Electric Range, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Room Count: 1
  • Main Level Sq Ft: 1544
  • Total Sq Ft: 1544

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Parking: Carport - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: North Newton
  • Middle School: Newton Conover
  • High School: Newton Conover

Lot Info

  • Lot Size Area: 0.220
  • Parcel Number: 374105079816
  • Zoning Specification: MX

Tax Info

  • Tax Value: 93900.00
  • Tax Location: Conover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 6, 2019
Sold by
Thornburg Alvin B and Thornburg Alvin B
Bought by
Smith Pamela E
Seller's Agent
Amanda Stokes
RE/MAX Legendary
Buyer's Agent
Robert Deal
NC Realty & Appraisal, Inc.
List Price
$137,500
Sold Price
$125,000
Premium/Discount to List
-$12,500
-9.09%
Current Estimated Value
$218,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,074
Avg. Annual Appreciation
9.10%
Original Mortgage
$125,000
Outstanding Balance
$109,452
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$108,622

Purchase Details

Closed on
Sep 1, 2006
Sold by
Thornburg Holten I
Bought by
Thornburg Alvin B
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
Smith Pamela E $125,000 None Available
Thornburg Alvin B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Pamela E $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2019 05/20/19 Sold $125,000 -3.8% $81 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/11/2019 04/11/19 Price Changed $130,000 -5.5% $84 / Sq Ft
03/20/2019 03/20/19 For Sale $137,500 -- $89 / 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
2025 $1,019 $128,400 $20,100 $108,300
2024 $1,019 $128,400 $20,100 $108,300
2023 $1,019 $128,400 $20,100 $108,300
2022 $1,210 $112,600 $20,100 $92,500
2021 $1,210 $112,600 $20,100 $92,500
2020 $1,210 $112,600 $20,100 $92,500
2019 $1,009 $93,900 $0 $0
2018 $923 $85,900 $20,100 $65,800
2017 $898 $0 $0 $0
2016 $898 $0 $0 $0
2015 $871 $85,900 $20,100 $65,800
2014 $871 $93,700 $23,000 $70,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3486490

Canopy MLS (Canopy Realtor® Association)

APN: 3741050798160000