NOT LISTED FOR SALE

508 Thompson St Canton, NC 28716

Estimated Value: $246,000 - $312,711

2 Beds
1 Bath
1,040 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $263,550 $253 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,541/month

45 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Laundry Room
  • North Canton Elementary School Rated A-
  • Covered Patio or Porch
  • Shed

About This Home

As of May 2022

**Please submit all offer by Monday 4/18 at noon** Come see the character and charm this beauty has to offer! Completely fenced yard and centrally located between Asheville and Waynesville, just minutes to downtown Canton. This back porch area is the perfect outdoor oasis for entertaining or just watching the sunset, it is one of a kind. Bonus room with built-ins, level fenced yard. Storage shed in back is insulated and has power.

Last Agent to Sell the Property

Michele Carver

Southern Sky Realty License #303528 Listed on: 04/15/2022

Last Buyer's Agent

Laura Thomas

Howard Hanna Beverly-Hanks Waynesville License #292365

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Fenced

Home Design

  • Cottage
  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Pisgah High School

Utilities

  • Heating System Uses Oil
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 8657-95-1108

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1940
  • Ratio Current Price By Acre: 1255000.00
  • Restrictions: None
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Shared
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Tile, Wood
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1040
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Covered,Front
  • Fixture Exception Description: Outdoor Cameras
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1040
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Shed(s)
  • New Construction: No
  • Roof: Metal
  • Tax Location: Canton
  • Construction Type: Site Built
  • Waterfront Elevation: 2500
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Carport - 1 Car

Utilities

  • Heating: Oil
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.21
  • Lot Size Units: Acres
  • Parcel Number: 8657-95-1108
  • Zoning Description: Res

Tax Info

  • RATIO List Price By Tax Amount: 1.95246

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Pisgah

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 25, 2022
Sold by
Martin Kathryn G
Bought by
Walker Rachel
Seller's Agent
Michele Carver
Southern Sky Realty
Buyer's Agent
Laura Thomas
Howard Hanna Beverly-Hanks Waynesville
List Price
$230,000
Sold Price
$263,550
Premium/Discount to List
$33,550
14.59%
Current Estimated Value
$279,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,628
Avg. Annual Appreciation
1.70%
Original Mortgage
$224,000
Outstanding Balance
$212,795
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$66,383

Purchase Details

Closed on
Apr 30, 2019
Sold by
Parham Mark and Parham Mark Stacey
Bought by
Martin Kathryn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,838
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2018
Sold by
Searcy Robert James and Searcy Kathy
Bought by
Parham Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1999
Bought by
Searcy Jack L
Source: Public Records

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 Buyer Sale Price Title Company
Walker Rachel $264,000 Worley & Peltz Pllc
Martin Kathryn G $132,500 None Available
Parham Mark $47,000 None Available
Searcy Jack L $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Rachel $224,000
Previous Owner Martin Kathryn G $133,838
Previous Owner Parham Mark $37,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $263,550 +14.6% $253 / Sq Ft
04/15/2022 04/15/22 For Sale $230,000 -- $221 / 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 -- $122,800 $18,400 $104,400
2024 $920 $122,800 $18,400 $104,400
2023 $920 $122,800 $18,400 $104,400
2022 $872 $117,800 $18,400 $99,400
2021 $872 $117,800 $18,400 $99,400
2020 $637 $72,900 $15,800 $57,100
2019 $642 $72,900 $15,800 $57,100
2018 $642 $72,900 $15,800 $57,100
2017 $642 $72,900 $0 $0
2016 $565 $63,100 $0 $0
2015 $559 $63,100 $0 $0
2014 $471 $63,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3847945

Canopy MLS (Canopy Realtor® Association)

APN: 8657-95-1108