NOT LISTED FOR SALE

517 W Water St Lincolnton, NC 28092

Estimated Value: $91,000 - $162,000

2 Beds
1 Bath
869 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $75,000 $86 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $689/month

21 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Ceiling Fan
  • Laundry Room

About This Home

As of October 2022

PRICE IMPROVEMENT!
Convenient to downtown Lincolnton. Perfect for a small family or an investor looking for rental property. Some updates were done several years ago.

Last Agent to Sell the Property

Tracey Duncan

RE/MAX Lifestyle License #316391 Listed on: 08/28/2022

RE/MAX Lifestyle

Last Buyer's Agent

Trishawna Thomas

UPSURGE Realty License #328398

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $849

Year Built

  • Built in 1940

Lot Details

  • 0.34

Parking

  • Driveway

Home Design

  • Bungalow
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 869 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lincolnton Middle School
  • Lincolnton High School

Additional Features

  • Zoning described as R-8
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 16640

Home Details

Home Type

Single Family

Est. Annual Taxes

$849

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1940
  • Ratio Current Price By Acre: 220588.24
  • Special Assessment Yn: 0
  • Road Surface Type: Dirt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 86.31
  • Special Features: None

Interior Features

  • Foundation Details: Block, Brick/Mortar, Crawl Space
  • Flooring: Tile, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 869
  • 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
  • Second Living Quarters Hla: 0
  • Appliances: Ceiling Fan(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 869

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Status: Complete
  • Tax Location: Lincolnton
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway

Utilities

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

Schools

  • Middle Or Junior School: Lincolnton
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.34
  • Lot Size Units: Acres
  • Parcel Number: 16640
  • Zoning Description: R-8
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.84835

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Lincolnton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2022
Closed on
Oct 27, 2022
Sold by
Carpenter Property Group Llc
Bought by
La Luna Investments Llc
Seller's Agent
Tracey Duncan
RE/MAX Lifestyle
Buyer's Agent
Trishawna Thomas
UPSURGE Realty
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Views
55
Current Estimated Value
$116,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,516
Avg. Annual Appreciation
16.11%
Original Mortgage
$56,200
Outstanding Balance
$54,139
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$62,377

Purchase Details

Closed on
Jan 6, 2015
Sold by
Carpenter Amanda Cagle
Bought by
Carpenter Property Group Llc

Purchase Details

Closed on
Jul 10, 2002
Bought by
Carpenter Claude Ralph

Purchase Details

Closed on
Aug 27, 1993
Bought by
Carpenter Claude R and Carpenter Amanda,Carpent
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
La Luna Investments Llc $75,000 --
Carpenter Property Group Llc -- None Available
Carpenter Claude Ralph $85,500 --
Carpenter Claude R $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open La Luna Investments Llc $56,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $75,000 -11.8% $86 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $85,000 +13.3% $98 / Sq Ft
09/07/2022 09/07/22 Off Market $75,000 -- --
08/28/2022 08/28/22 For Sale $107,000 -- $123 / 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 $849 $71,000 $20,150 $50,850
2024 $829 $71,000 $20,150 $50,850
2023 $824 $71,000 $20,150 $50,850
2022 $699 $49,574 $15,750 $33,824
2021 $772 $45,987 $15,750 $30,237
2020 $533 $45,987 $15,750 $30,237
2019 $533 $45,987 $15,750 $30,237
2018 $715 $43,115 $15,250 $27,865
2017 $505 $43,115 $15,250 $27,865
2016 $480 $0 $15,250 $25,730
2015 $642 $40,980 $15,250 $25,730
2014 $844 $58,586 $16,100 $42,486
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3899446

Canopy MLS (Canopy Realtor® Association)

APN: 16640