NOT LISTED FOR SALE

507 W 7th St Newton, NC 28658

Estimated Value: $362,632 - $411,000

4 Beds
3 Baths
2,756 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $200,000 $73 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,286/month

7 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Walk-In Closet
  • Whirlpool Bathtub
  • Fireplace
  • Level Lot

About This Home

As of August 2018

Classic 1930s bungalow in Downtown Newton! This charming home offers beautiful period details throughout, plus all of the modern updates you need! The main level offers a large living room with fireplace & hardwood floors, adjoining sunroom/home office, and adjacent dining room! The kitchen features updated appliances & countertops, pantry, & plenty of cabinets. A renovated master suite features a huge walk-in closet and spa-like bath with whirlpool, double vanity, and separate shower. You'll also find two additional bedrooms, hall bath, and a convenient mud room/laundry on the main level. Upstairs, you'll find a 4th bedroom and 3rd full bath, plus plenty of storage space. The unfinished basement offers tons of storage and workshop area. New roof & windows in 2015, updated HVAC in 2010. Custom blinds to remain. Quaint downtown location near shopping and dining.

Last Agent to Sell the Property

Joan Everett

The Joan Killian Everett Company, LLC License #74787 Listed on: 06/30/2018

Last Buyer's Agent

Faye Myers

Faye Myers Realty License #195241

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Level Lot

Parking

  • Shared Driveway

Home Design

  • Cottage
  • Brick Exterior Construction

Interior Spaces

  • Fireplace
  • Insulated Windows

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Listing and Financial Details

  • Assessor Parcel Number 37301285

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 1.00050
  • Ratio Close Price By Original Li: 1.00050
  • Ratio Current Price By Acre: 526315.79
  • Ratio Current Price By Sq Ft: 72.57
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 476
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Dishwasher, Electric Range, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Pantry, Walk-In Closet(s), Whirlpool
  • Laundry Location: Main
  • Room Count: 3
  • Main Level Sq Ft: 2280
  • Total Sq Ft: 2756
  • Sq Ft Unheated Basement: 1232

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete, Shared
  • Parking: Driveway

Utilities

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

Lot Info

  • Lot Dimension: 0.38 Acre
  • Lot Features: Level
  • Parcel Number: 37301285
  • Plat Book Slide: 1 / 347
  • Zoning Specification: R-11

Tax Info

  • Tax Value: 127700.00
  • Tax Location: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
Aug 16, 2018
Sold by
Kinal Cory K and Kinal Sarah A
Bought by
Barber Crystal M and Barber Jeffrey A
Seller's Agent
Joan Everett
The Joan Killian Everett Company, LLC
Buyer's Agent
Faye Myers
Faye Myers Realty
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$385,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,408
Avg. Annual Appreciation
9.39%
Original Mortgage
$190,000
Outstanding Balance
$166,322
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$219,086

Purchase Details

Listed on
Oct 15, 2014
Closed on
Feb 14, 2015
Sold by
Beard Jeffrey S and Camilo Carolina M
Bought by
Kinal Cory K and Kinal Sarah A
Seller's Agent
Chris Spencer
Realty Executives Lake Norman
Buyer's Agent
Joan Everett
The Joan Killian Everett Company, LLC
List Price
$189,900
Sold Price
$165,000
Premium/Discount to List
-$24,900
-13.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$156,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2009
Sold by
Federal National Mortgage Association
Bought by
Beard Jeffrey S and Camilo Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,877
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2008
Sold by
Doty Charles Patrick and Doty Rebecca B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 31, 2006
Sold by
Burnette James A and Burnette Linda H
Bought by
Doty Charles Patrick and Doty Rebecca B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1976
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
Barber Crystal M $200,000 None Available
Kinal Cory K $165,000 None Available
Beard Jeffrey S -- None Available
Federal National Mortgage Association $136,107 None Available
Doty Charles Patrick $139,000 None Available
-- $34,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barber Crystal M $190,000
Previous Owner Kinal Cory K $156,750
Previous Owner Beard Jeffrey S $93,877
Previous Owner Doty Charles Patrick $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2018 08/17/18 Sold $200,000 +0.1% $73 / Sq Ft
07/07/2018 07/07/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $199,900 +21.2% $73 / Sq Ft
03/03/2015 03/03/15 Sold $165,000 -13.1% $62 / Sq Ft View Prior Sale
03/03/2015 03/03/15 Pending -- -- --
10/15/2014 10/15/14 For Sale $189,900 -- $72 / 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 $3,134 $369,400 $18,600 $350,800
2024 $3,134 $369,400 $18,600 $350,800
2023 $3,134 $369,400 $18,600 $350,800
2022 $2,258 $202,500 $14,800 $187,700
2021 $2,258 $202,500 $14,800 $187,700
2020 $2,258 $202,500 $14,800 $187,700
2019 $2,258 $202,500 $0 $0
2018 $1,424 $127,700 $14,400 $113,300
2017 $1,424 $0 $0 $0
2016 $1,424 $0 $0 $0
2015 $1,381 $127,700 $14,400 $113,300
2014 $1,381 $136,700 $12,800 $123,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3408049

Canopy MLS (Canopy Realtor® Association)

APN: 3730128538630000