NOT LISTED FOR SALE

514 E 16th St Newton, NC 28658

Estimated Value: $191,000 - $223,000

2 Beds
1.5 Baths
1,134 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 26, 2013

Last sale price $34,000 $30 Per Sq Ft

Est. 511% increase in value since last sale

Current estimated payment $1,236/month

10 Days on Market

About This Home

As of September 2013

This 2 bedroom brick ranch home w/basement features a great neighborhood and is priced at $34,000! This home is an opportunity for someone needing affordable living in the Newton area. The home features 1134 s/f with 2 bedrooms, one full and 1/2 baths, kitchen, dining area, living room and an office that could be a 3rd bedroom upstairs. Downstairs you have a full unfinished basement. Outside you have a .36 acre lot, single car carport, city water, convenient setting and is priced well below tax value. NOTE: This is a HUD Owned property and as such is sold “as-is”. This home is designated by HUD as FHA Un-Insurable "as-is" as repair needs required to meet FHA’s MPCR's are estimated to exceed $5000. This home may though qualify for FHA 203K Rehabilitation Loan financing and HUD's $100 down payment option as well as the Buyer Select Program. This is an Equal Housing Opportunity offering. HUD Case # 381-915029.

Last Agent to Sell the Property

Danny Boone

Master Brokers of the Carolinas & Catawba Valley License #226407 Listed on: 08/31/2013

Last Buyer's Agent

Danny Boone

Master Brokers of the Carolinas & Catawba Valley License #226407 Listed on: 08/31/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 1

Additional Features

  • Vinyl Flooring

Listing and Financial Details

  • Assessor Parcel Number 374006298253

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 94444.44
  • Ratio Current Price By Sq Ft: 29.98
  • Year Built: 1968
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Electric Range, Electric Oven
  • Flooring: Carpet, Vinyl
  • Room Count: 1
  • Main Level Sq Ft: 1134
  • Total Sq Ft: 1134
  • Sq Ft Unheated Basement: 1134
  • Sq Ft Unheated Total: 1134

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Parking: Detached Garage, Driveway, Garage - 1 Car

Utilities

  • Water: County Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.360
  • Parcel Number: 374006298253
  • Zoning Specification: R-7

Tax Info

  • Tax Value: 90900.00
  • Tax Location: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2023
Sold by
Yanez Jose Antonio Gabino and Wilber Valen
Bought by
Balbuena Wilber Valente
Current Estimated Value
$207,836

Purchase Details

Closed on
Nov 24, 2014
Sold by
Gabino Jose and Yanez Jose Antonio Gabino
Bought by
Yanez Jose Antonio Gabino and Balbuena Wilber Valente

Purchase Details

Listed on
Aug 31, 2013
Closed on
Sep 23, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Gabino Jose
Seller's Agent
Danny Boone
Master Brokers of the Carolinas & Catawba Valley
Buyer's Agent
Danny Boone
Master Brokers of the Carolinas & Catawba Valley
List Price
$34,000
Sold Price
$34,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.43%

Purchase Details

Listed on
Aug 31, 2013
Closed on
Jul 30, 2013
Sold by
Abel Rhett D
Bought by
Secretary Of Housing & Urban Development
Seller's Agent
Danny Boone
Master Brokers of the Carolinas & Catawba Valley
Buyer's Agent
Danny Boone
Master Brokers of the Carolinas & Catawba Valley
List Price
$34,000
Sold Price
$34,000

Purchase Details

Closed on
Mar 5, 2009
Sold by
Forgette Richard W
Bought by
Abel Rhett D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,496
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 1994

Purchase Details

Closed on
Sep 4, 1994

Purchase Details

Closed on
Aug 31, 1961

Purchase Details

Closed on
Aug 28, 1961
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
Balbuena Wilber Valente -- None Listed On Document
Yanez Jose Antonio Gabino -- None Available
Gabino Jose -- None Available
Secretary Of Housing & Urban Development $94,295 None Available
Abel Rhett D $83,000 None Available
-- $40,000 --
-- $42,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abel Rhett D $81,496
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2013 09/26/13 Sold $34,000 0.0% $30 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
08/31/2013 08/31/13 For Sale $34,000 -- $30 / 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 $1,653 $194,800 $8,100 $186,700
2024 $1,653 $194,800 $8,100 $186,700
2023 $1,653 $194,800 $8,100 $186,700
2022 $1,106 $99,200 $8,100 $91,100
2021 $1,106 $99,200 $8,100 $91,100
2020 $1,106 $99,200 $8,100 $91,100
2019 $1,106 $99,200 $0 $0
2018 $991 $88,900 $8,000 $80,900
2017 $991 $0 $0 $0
2016 $991 $0 $0 $0
2015 $918 $88,880 $8,000 $80,880
2014 $918 $90,900 $8,800 $82,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR9571933

Canopy MLS (Canopy Realtor® Association)

APN: 3740062982530000