NOT LISTED FOR SALE

525 Burch Hutchins Rd Rutherfordton, NC 28139

Estimated Value: $131,616 - $202,000

3 Beds
1 Bath
855 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $37,600 $44 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $902/month

140 Days on Market

Highlights

  • Shed
  • 1-Story Property
  • Level Lot

About This Home

As of June 2020

2 bedroom 1 bath home located close to major highway and minutes to Rutherfordton. Carport was closed in for additional room and in door laundry room. Home has fenced in back yard and paved drive and walkway. There is a storage building at the back of the fenced area. This is a freddie mac foreclosure and is being sold "as is." Offers must include pre approval and or proof of funds to close and earnest money must be certified funds check. Home has a 20 day fmfl that expires 2/11/2020.

Last Agent to Sell the Property

Debbie Martin

Purple Martin Realty, Inc. License #276241 Listed on: 01/22/2020

Last Buyer's Agent

David Brown

4 Seasons Homes and Land, Inc License #185656

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.58

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space

Additional Features

  • Shed
  • Level Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1300733

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.81917
  • Ratio Close Price By Original Li: 0.48895
  • Ratio Current Price By Acre: 64827.59
  • Ratio Current Price By Sq Ft: 43.98
  • Year Built: 1968
  • Special Features: 20
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Refrigerator
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 855
  • Total Sq Ft: 855

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Oil Hot Air
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Level
  • Parcel Number: 1300733
  • Zoning Specification: r1

Tax Info

  • Tax Value: 40900.00
  • Tax Location: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2021
Sold by
Collins James Larry and Collins Shay
Bought by
Brink Billy and Brink Sarah
Current Estimated Value
$159,404

Purchase Details

Listed on
Jan 22, 2020
Closed on
Jun 18, 2020
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Collins James Larry and Collins Shay
Seller's Agent
Debbie Martin
Purple Martin Realty, Inc.
Buyer's Agent
David Brown
4 Seasons Homes and Land, Inc
List Price
$76,900
Sold Price
$37,600
Premium/Discount to List
-$39,300
-51.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.06%

Purchase Details

Closed on
Dec 5, 2019
Sold by
Melton Lindsay A and Melton Derrick S
Bought by
Federal Home Loan Mortgage Corp and Newrez Llc

Purchase Details

Closed on
Nov 15, 2006
Sold by
Sisk Kyle and Sisk Jessica
Bought by
Melton Derrick S and Melton Lindsay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,650
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2005
Sold by
Secretary Of Hud
Bought by
Sisk Kyle and Sisk Jessica
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
Brink Billy $79,000 None Available
Collins James Larry -- None Available
Federal Home Loan Mortgage Corp $47,700 None Available
Melton Derrick S $72,000 None Available
Sisk Kyle -- None Avilabale
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melton Derrick S $71,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $37,600 -18.1% $44 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
05/15/2020 05/15/20 Price Changed $45,900 -8.0% $54 / Sq Ft
05/02/2020 05/02/20 Price Changed $49,900 -3.9% $58 / Sq Ft
04/17/2020 04/17/20 Price Changed $51,900 -1.9% $61 / Sq Ft
04/03/2020 04/03/20 Price Changed $52,900 -7.0% $62 / Sq Ft
03/10/2020 03/10/20 Price Changed $56,900 -5.0% $67 / Sq Ft
02/21/2020 02/21/20 Price Changed $59,900 -22.1% $70 / Sq Ft
01/22/2020 01/22/20 For Sale $76,900 -- $90 / 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 $809 $107,500 $22,400 $85,100
2024 $744 $107,500 $22,400 $85,100
2023 $530 $107,500 $22,400 $85,100
2022 $530 $55,400 $19,600 $35,800
2021 $537 $58,000 $19,600 $38,400
2020 $531 $58,000 $19,600 $38,400
2019 $523 $58,000 $19,600 $38,400
2018 $411 $40,900 $8,400 $32,500
2016 $389 $40,900 $8,400 $32,500
2013 -- $40,900 $8,400 $32,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3585273

Canopy MLS (Canopy Realtor® Association)

APN: 1300733