NOT LISTED FOR SALE

515 Elm St Locust, NC 28097

Estimated Value: $297,000 - $379,000

3 Beds
2 Baths
1,300 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $300,000 $231 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,939/month

2 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Laundry Room
  • Locust Elementary School Rated A-
  • Home Security System
  • Tile Flooring

About This Home

As of May 2022

Welcome home to this beautiful 3 bedroom 2 bath ranch perfectly situated on 1.1 acres. This home boasts an open floor plan in kitchen, dining and living room and offers a huge laundry room with tons of storage. Home offers spacious bedrooms and a large deck on back of home to enjoy the large back yard, that has tons of potential. Convenient location but yet a private setting. Home is on septic but city sewer is available just needs to be ran to home. Make your appointment today this home will not last long.

Last Agent to Sell the Property

Michelle Steeley

Premier Real Estate Team Inc. License #297634 Listed on: 04/12/2022

Last Buyer's Agent

Liz Hallman

Lantern Realty & Development, LLC License #281082

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,230

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 325x147
  • Level Lot
  • Cleared Lot
  • Property is zoned NR, NR

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Home Security System

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Locust Elementary School
  • West Stanly Middle School
  • West Stanly High School

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5575-04-60-9728

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,230

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1989
  • Ratio Current Price By Acre: 272727.27
  • Restrictions: No Representation
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown, Kitchen Island
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1300
  • 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: Deck,Front
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Range, Plumbed For Ice Maker, Security System
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1300
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Outbuilding(s)
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Locust
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Parking Space - 4+

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: West Stanly
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Level
  • Lot Size Area: 1.1
  • Lot Size Units: Acres
  • Parcel Number: 5575-04-60-9728
  • Lot Size: 325x147
  • Zoning Description: NR

Tax Info

  • RATIO List Price By Tax Amount: 2.13220

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Locust
  • High School: West Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 26, 2022
Sold by
Mason Marcus
Bought by
Campbell Anthony L and Campbell Amanda J
Seller's Agent
Michelle Steeley
Premier Real Estate Team Inc.
Buyer's Agent
Liz Hallman
Lantern Realty & Development, LLC
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$331,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,908
Avg. Annual Appreciation
3.79%

Purchase Details

Listed on
Mar 17, 2020
Closed on
May 15, 2020
Sold by
Wells Dustin and Barnhardt Kayla Delayne
Bought by
Mason Marcus
Seller's Agent
Deanna Barbee
Barbee Realty
Buyer's Agent
Michelle Steeley
Premier Real Estate Team Inc.
List Price
$199,000
Sold Price
$197,000
Premium/Discount to List
-$2,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.02%
Original Mortgage
$198,989
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2019
Sold by
Wells Dustin and Barnhardt Kayla Delayne
Bought by
Wells Dustin and Barnhardt Kayla Barnhardt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,678
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2017
Sold by
Hinson Michael D and Shelton Jennifer Ellen
Bought by
Wells Dustin and Barnhardt Kayland Delayne

Purchase Details

Closed on
Nov 26, 2008
Sold by
Hinson Paula S
Bought by
Hinson Michael D
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
Campbell Anthony L $300,000 --
Mason Marcus $197,000 Title Company Of Nc
Wells Dustin -- None Available
Wells Dustin $114,000 Attorney
Hinson Michael D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mason Marcus $198,989
Previous Owner Wells Dustin $126,678
Previous Owner Hinson Michael D $96,000
Previous Owner Hinson Michael D $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $300,000 0.0% $231 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $299,900 +52.2% $231 / Sq Ft
05/15/2020 05/15/20 Sold $197,000 -1.0% $152 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $199,000 -- $153 / 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 $2,230 $242,423 $56,700 $185,723
2024 $1,794 $164,610 $33,600 $131,010
2023 $1,653 $140,653 $33,600 $107,053
2022 $1,639 $140,653 $33,600 $107,053
2021 $1,625 $140,653 $33,600 $107,053
2020 $1,294 $105,024 $29,450 $75,574
2019 $1,307 $105,024 $29,450 $75,574
2018 $1,187 $105,024 $29,450 $75,574
2017 $1,187 $105,024 $29,450 $75,574
2016 $1,177 $104,168 $27,400 $76,768
2015 $1,294 $104,168 $27,400 $76,768
2014 $1,238 $104,168 $27,400 $76,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3847217

Canopy MLS (Canopy Realtor® Association)

APN: 5575-04-60-9728