$165,000
SOLD MAR 3, 2015

507 W 7th St Newton, NC 28658

4 Beds
3 Baths
2,641 Sq Ft
0.38 Acres

Recently Sold

$62 Per Sq Ft

13% Below List Price

139 Days on Market

Highlights

  • Whirlpool in Pool
  • Cottage
  • Level Lot
  • Wood Flooring
  • Shed

About This Home

As of August 2018

All brick totally renovated home on one of the most desired streets in Newton. The home features a beautiful main level master suite with huge walk in closet and built in shelving. The master bath features beautiful custom tile work, tiled walk in shower, and Jacuzzi tub. The home features two other excellent sized main level bedrooms with one currently being used as a gym. Kitchen features updated appliances, tiled tops, and nice pantry. Living room, dining room, sunroom, and common areas feature hard wood floors and plenty of space. Upstairs is an additional bedroom and bathroom which could also be used as a playroom or bonus room.

Last Agent to Sell the Property

Chris Spencer

Realty Executives Lake Norman License #199197

Last Buyer's Agent

Joan Everett

The Joan Killian Everett Company, LLC License #74787

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Home Design

  • Cottage

Flooring

  • Wood
  • Tile

Outdoor Features

  • Whirlpool in Pool
  • Shed

Additional Features

  • 3 Full Bathrooms
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 3730128553863

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.89237
  • Ratio Close Price By Original Li: 0.86888
  • Ratio Current Price By Acre: 434210.53
  • Ratio Current Price By Sq Ft: 62.48
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete
  • Upper Level Sq Ft: 341
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Dishwasher, Electric Dryer Hookup, Electric Range, Refrigerator, Washer, Electric Oven
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Pantry, Whirlpool
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2300
  • Total Sq Ft: 2641

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Parking: Driveway

Utilities

  • Heating: Central Air
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.380
  • Parcel Number: 3730128553863
  • Plat Reference Section Pages: 347
  • Zoning Specification: R11

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%
Total Days on Market
139
Current Estimated Value
$392,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,902
Avg. Annual Appreciation
11.72%
Original Mortgage
$190,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

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

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $200,000 None Available
Warranty Deed $165,000 None Available
Special Warranty Deed -- None Available
Trustee Deed $136,107 None Available
Warranty Deed $139,000 None Available
Deed $34,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $109,300 Credit Line Revolving
Open $183,500 Balloon
Closed $38,000 Credit Line Revolving
Closed $190,000 Adjustable Rate Mortgage/ARM
Previous Owner $156,750 New Conventional
Previous Owner $93,877 Purchase Money Mortgage
Previous Owner $139,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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 $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

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR9578830

Canopy MLS (Canopy Realtor® Association)

APN: 3730128538630000