NOT LISTED FOR SALE

523 Springs Rd E Lincolnton, NC 28092

Estimated Value: $143,000 - $185,210

1 Bed
1 Bath
720 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $138,000 $192 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $925/month

14 Days on Market

Highlights

  • Wooded Lot
  • Laundry Room
  • 1-Story Property
  • 1 Car Detached Garage
  • Bungalow
  • Level Lot

About This Home

As of February 2024

Attention Investors! Estate sale offering a 1BR/1BA w/ bonus on approx 2 acres. There is an additional parcel included in sale for a total of approx 3 acres. The land is flat and cleared w/ pecan trees and grape vines. There is approx 200 feet of road frontage on springs east road. Property also offers a large storage building wth a single car garage. Home is in need of rehab and being sold AS- IS. Cash or conventional loan offers only. Lots of opportunity with this property! Offer deadline for best term offers is Monday 1/8/24 @ 12 noon.

Last Agent to Sell the Property

Jane McGill

Jane McGill Real Estate Brokerage Email: realtorjanemcgill@gmail.com License #265141 Listed on: 01/05/2024

Last Buyer's Agent

Jane McGill

Jane McGill Real Estate Brokerage Email: realtorjanemcgill@gmail.com License #265141 Listed on: 01/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $974

Year Built

  • Built in 1955

Lot Details

  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-T

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding

Schools

  • Battleground Elementary School
  • Lincolnton Middle School
  • Lincolnton High School

Utilities

  • Window Unit Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 19392

Home Details

Home Type

Single Family

Est. Annual Taxes

$974

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1955
  • Road Surface Type: Dirt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Geocode Confidence: High
  • Attribution Contact: realtorjanemcgill@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 0
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 720
  • Sq Ft Unheated Total: 720
  • Sq Ft Upper: 0
  • Appliances: Other
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bedroom Main: 1
  • Room Count: 6

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Other Structures: Outbuilding

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: None
  • Sewer: Septic Installed
  • Laundry Features: In Kitchen
  • Cooling: Window Unit(s)
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared, Level, Wooded
  • Lot Size Area: 3
  • Lot Size Units: Acres
  • Parcel Number: 19392
  • Additional Parcels Description: 19400
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-T

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Battleground
  • High School: Lincolnton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 2, 2024
Sold by
Drum Pauline H
Bought by
Bridges Bill G
Seller's Agent
Jane McGill
Jane McGill Real Estate
Buyer's Agent
Jane McGill
Jane McGill Real Estate
List Price
$110,000
Sold Price
$138,000
Premium/Discount to List
$28,000
25.45%
Views
157
Current Estimated Value
$161,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,053
Avg. Annual Appreciation
9.34%
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
Bridges Bill G $138,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2024 02/02/24 Sold $138,000 +25.5% $192 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $110,000 -- $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 $974 $138,042 $49,800 $88,242
2024 $954 $138,042 $49,800 $88,242
2023 $928 $138,042 $49,800 $88,242
2022 $638 $73,763 $35,500 $38,263
2021 $314 $73,763 $35,500 $38,263
2020 $249 $73,763 $35,500 $38,263
2019 $249 $73,763 $35,500 $38,263
2018 $289 $69,235 $34,000 $35,235
2017 $228 $69,235 $34,000 $35,235
2016 $451 $69,235 $34,000 $35,235
2015 $528 $69,235 $34,000 $35,235
2014 $586 $79,522 $37,800 $41,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4097499

Canopy MLS (Canopy Realtor® Association)

APN: 19392