514 E 16th St Newton, NC 28658
Estimated Value: $195,000 - $218,000
2
Beds
1.5
Baths
1,134
Sq Ft
$186/Sq Ft
Est. Value
About This Home
As of September 2013This 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
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
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
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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 | $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
-
D
Seller's Agent in 2013
Danny Boone
Master Brokers of the Carolinas & Catawba Valley
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR9571933
APN: 3740062982530000
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