NOT LISTED FOR SALE

516 W Bank St Granite Quarry, NC 28146

Estimated Value: $211,000 - $269,000

4 Beds
2.5 Baths
1,890 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $220,000 $116 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,497/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Breakfast Bar
  • Kitchen Island
  • Fireplace
  • Tile Flooring
  • Level Lot

About This Home

As of May 2021

Remodeled 4 BR/2.5 BA home w/Open Floor Plan in quiet town of Granite Quarry. All updates since 2015 include New Windows, New Roof, New HVAC, New Plumbing and Electrical, New Cabinets w/Granite Tops, SS Appliances, Updated Bathrooms w/New Tile Floors/Showers, New Vanities, New Paint, New Flooring, Etc. Approx. 1900 Heated SF on Half Acre Lot w/Large Front Porch.

Last Agent to Sell the Property

Susan Ayers

HomeZu License #216309 Listed on: 04/24/2021

Last Buyer's Agent

Butch Cooper

Realty Masters Group License #118516

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 0.48

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Insulated Windows
  • Tile Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Kitchen Island

Additional Features

  • Level Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 351026

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00457
  • Ratio Close Price By Original Li: 1.00457
  • Ratio Current Price By Acre: 458333.33
  • Ratio Current Price By Sq Ft: 116.40
  • Year Built: 1938
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 630
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Dishwasher, Electric Range, Ice Maker Connection, Refrigerator, Self Cleaning Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Cable Available, Kitchen Island
  • Laundry Location: Kitchen
  • Room Count: 2
  • Main Level Sq Ft: 1260
  • Total Sq Ft: 1890
  • Sq Ft Unheated Main: 240
  • Sq Ft Unheated Total: 240

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth, Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Electric Hot Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Granite Quarry
  • Middle School: C.C. Erwin
  • High School: East Rowan

Lot Info

  • Lot Dimension: 74x178x152x178
  • Lot Features: Level
  • Lot Size Area: 0.480
  • Parcel Number: 351026
  • Zoning Specification: R

Tax Info

  • Tax Value: 62879.00
  • Tax Location: Granite Qry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
May 28, 2021
Sold by
J S F Builders Inc
Bought by
Mosso Joseph and Mosso Stephanie
Seller's Agent
Susan Ayers
HomeZu
Buyer's Agent
Butch Cooper
Realty Masters Group
List Price
$219,000
Sold Price
$220,000
Premium/Discount to List
$1,000
0.46%
Current Estimated Value
$250,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,492
Avg. Annual Appreciation
4.16%
Original Mortgage
$222,000
Outstanding Balance
$202,003
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$60,262

Purchase Details

Listed on
Apr 24, 2021
Closed on
Mar 30, 2021
Sold by
Investcar Llc
Bought by
J S F Builders Inc
Seller's Agent
Susan Ayers
HomeZu
Buyer's Agent
Butch Cooper
Realty Masters Group
List Price
$219,000
Sold Price
$220,000
Premium/Discount to List
$1,000
0.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Outstanding Balance
$202,003
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$60,262

Purchase Details

Listed on
Sep 2, 2019
Closed on
Dec 20, 2019
Sold by
Glass David J and Glass Christina M
Bought by
Salisbury Diamond Limited Partnership
Seller's Agent
Cathy Griffin
Century 21 Towne & Country
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.92%

Purchase Details

Closed on
Apr 2, 2015
Sold by
Engstrom Sandra K
Bought by
Glass David J and Glass Christina M

Purchase Details

Closed on
Jan 8, 2007
Sold by
Devinney Coley Tyrel C and Devinney Coley Christian
Bought by
Engstrom Terry E and Engstrom Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 23, 2005
Sold by
State Employees Cu
Bought by
Coley Tyrel C and Devinney Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,660
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2004
Sold by
Olive Morris R and Olive Karen J
Bought by
State Employees Cu
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
Mosso Joseph $220,000 Investors Title Insurance Co
J S F Builders Inc $153,500 None Available
Investcar Llc $139,500 None Available
Salisbury Diamond Limited Partnership -- None Available
Glass David J $43,000 None Available
Engstrom Terry E $75,000 None Available
Coley Tyrel C $63,000 --
State Employees Cu $39,354 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mosso Joseph $222,000
Previous Owner Engstrom Terry E $61,000
Previous Owner Coley Tyrel C $59,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $220,000 +0.5% $116 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $219,000 -9.5% $116 / Sq Ft
01/30/2020 01/30/20 Sold $242,000 -- $121 / 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 $1,946 $190,788 $26,000 $164,788
2024 $1,946 $190,788 $26,000 $164,788
2023 $1,946 $190,788 $26,000 $164,788
2022 $1,325 $119,885 $20,000 $99,885
2021 $676 $62,879 $20,000 $42,879
2020 $676 $62,879 $20,000 $42,879
2019 $676 $62,879 $20,000 $42,879
2018 $609 $57,255 $20,000 $37,255
2017 $609 $57,255 $20,000 $37,255
2016 $609 $57,255 $20,000 $37,255
2015 $679 $62,755 $25,000 $37,755
2014 -- $64,666 $25,000 $39,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3732733

Canopy MLS (Canopy Realtor® Association)

APN: 351-026