NOT LISTED FOR SALE

Estimated Value: $288,000 - $316,000

0.2 Acre
$1,534,060 Price per Acre
8,712 Sq Ft Lot

Last Sold July 01, 2022

Last sale price $20,000 $15 Per Sq Ft

Est. 1,434% increase in value since last sale

Current estimated payment $1,949/month

25 Days on Market

About This Lot

As of July 2022

Good Sized Corner Lot, Cleared and Ready to Be Built Upon. Investors or First Time Home Buyers seeking a New Construction Site thats conveniently located with no HOA, this is it! This lot is co-owned by the listing agent.

Last Agent to Sell the Property

Shonda Sutton

DR Horton License #332000 Listed on: 05/17/2022

DR Horton

Last Buyer's Agent

Lucy Lee

Triad Realty Advisors License #333962

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $298

Lot Details

  • 8,712 Sq Ft Lot
  • Chain Link Fence
  • Cleared Lot
  • Property is zoned OI

Location

  • Property is near a bus stop

Schools

  • Ferndale Middle School
  • Central High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 187835
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$298

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.2
  • Lot Size: 8712 sq ft
  • Road Frontage Type: Bus Route
  • Directions: I-85 South, Exit 118, right at Kivett Dr., right on MLK Jr. Dr and another right on Chestnut Dr., turn right unto Meadow Pl. , and drive to the corner lot, intersecting with Newton Pl.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Chain Link
  • Lot Features: City Lot, Cleared

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Northwood
  • High School: Central
  • Middle Or Junior School: Ferndale

Lot Info

  • Parcel #: 187835
  • Zoning: OI
  • TRIADMLS_PricePerAcre: 100000
  • TRIADMLS_DeedPage: 00983
  • TRIADMLS_DeedBook: 008193
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 298.08
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Bms Investment Properties Llc
Bought by
Choctaw American Insurance Inc
Current Estimated Value
$306,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Outstanding Balance
$268,362
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$38,450

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 1, 2022
Sold by
Dignity Housing Co Llc
Bought by
Bms Investment Properties Llc
Seller's Agent
Shonda Sutton
DR Horton
Buyer's Agent
Lucy Lee
Triad Realty Advisors
List Price
$25,000
Sold Price
$20,000
Premium/Discount to List
-$5,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.37%

Purchase Details

Closed on
Sep 5, 2019
Sold by
Exr Llc
Bought by
Dignity Housing Llc and Ford Investment Properties Llc

Purchase Details

Closed on
Dec 28, 2018
Sold by
U S Bank Trust N A
Bought by
Exr Llc

Purchase Details

Closed on
May 16, 2018
Sold by
Lyles Norman Spencer and Lyles Evelyn B
Bought by
Us Bank Trust Na and Lsf9 Master Participation Trust
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
Choctaw American Insurance Inc $275,000 None Listed On Document
Bms Investment Properties Llc $20,000 None Listed On Document
Dignity Housing Llc $3,000 None Available
Exr Llc $700 None Available
Us Bank Trust Na $44,877 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choctaw American Insurance Inc $274,928
Previous Owner Bms Investment P Opertles Llc $983,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $20,000 -20.0% $15 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $25,000 -- $18 / Sq Ft
Source: Triad MLS

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
2023 $3,001 $213,800 $21,600 $192,200
2022 $291 $21,600 $21,600 $0
2021 $238 $17,300 $17,300 $0
2020 $238 $17,300 $17,300 $0
2019 $238 $48,900 $0 $0
2018 $670 $48,900 $0 $0
2017 $670 $48,900 $0 $0
2016 $680 $48,500 $0 $0
2015 $684 $48,500 $0 $0
2014 $695 $48,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1069724

Triad MLS

APN: 0187835