NOT LISTED FOR SALE

530 Tranquil Lake Dr China Grove, NC 28023

Estimated Value: $351,000 - $425,000

3 Beds
3.5 Baths
2,833 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $305,000 $108 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,372/month

34 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Traditional Architecture
  • Private Lot
  • Wooded Lot
  • Attached Garage

About This Home

As of August 2022

Great investment opportunity...this charming home is a must see! Lots of unique features! English like courtyard to the left of the home is perfect for a small wedding or outdoor gatherings. Inside, the home features leaded glass windows, custom kitchen cabinets, a full kitchenette in lower level living area. Enjoy your morning coffee with the private views from the sunroom off the main kitchen. This 3BR/3.5BA home has a spacious 2-car frontload garage and a circular driveway that leads to the private backyard and a secondary garage/workshop that's perfect for those favorite hobbies and projects. Just minutes to town, restaurants, grocery stores and more. Lake Corriher Wilderness Park is also just down the street. This estate home offers a terrific opportunity as a primary home or an investment property. Don't miss out on seeing this lovely home and its great location! Property being sold As-Is, seller to make no repairs.

Last Agent to Sell the Property

Kelly Smith

NorthGroup Real Estate LLC License #324811 Listed on: 07/15/2022

NorthGroup Real Estate LLC

Last Buyer's Agent

Michele Nelson

The BSC Group Inc License #137370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,180

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 53x131x26x172x165x257
  • Private Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Shingle Siding
  • Cedar

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Kitchen Island

Flooring

  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Attached Garage
  • Basement Garage
  • Driveway

Accessible Home Design

  • Grab Bar In Bathroom
  • Handicap Accessible

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Landis Elementary School
  • Corriher-Lipe Middle School
  • South Rowan High School

Utilities

  • Central Heating
  • Heat Pump System
  • Cable TV Available

Community Details

  • Moriah Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 130305

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,180

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1974
  • Ratio Current Price By Acre: 311224.49
  • Restrictions: N/A
  • Road Surface Type: Concrete
  • Structure Type: Split Level
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 107.66
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Outside Entrance
  • Flooring: Carpet, Linoleum, Tile, Vinyl
  • Interior Amenities: Basement Shop, Cable Available, Handicap Access, Kitchen Island, Pantry, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1221
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 879
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 879
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 689
  • Porch: Covered,Deck,Front,Side
  • Appliances: Ceiling Fan(s), Electric Oven, Electric Range, Exhaust Hood, Microwave, Refrigerator
  • Accessibility Features: Bath Grab Bars
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 923
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 2833
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Outbuilding(s)
  • New Construction: No
  • Roof: Composition
  • Construction Status: Complete
  • Tax Location: China Grove
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Cedar, Shingle Siding, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 490
  • Parking Features: Attached Garage, Basement, Driveway, Garage - 2 Car

Utilities

  • Heating: Central, Heat Pump, Multizone A/C
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Corriher-lipe
  • HOA Subject To: None
  • CAR_YearlyHOAExpense: 0.00

Lot Info

  • Lot Features: Level, Private, Wooded
  • Lot Size Area: 0.98
  • Lot Size Units: Acres
  • Parcel Number: 130305
  • Plat Reference Section Pages: 721
  • Lot Size: 53x131x26x172x165x257
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.57386

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Landis
  • High School: South Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 19, 2022
Sold by
Brown Nancy P
Bought by
Edwards Lois Michelle and Edwards Robert Eugene
Seller's Agent
Kelly Smith
NorthGroup Real Estate LLC
Buyer's Agent
Michele Nelson
The BSC Group Inc
List Price
$369,900
Sold Price
$305,000
Premium/Discount to List
-$64,900
-17.55%
Views
1
Current Estimated Value
$387,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,436
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Aug 27, 1993
Bought by
Brown Jerry D and Brown Wf
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
Edwards Lois Michelle $305,000 Knipp Law Office Pllc
Brown Jerry D $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Jerry D $128,909
Previous Owner Brown Jerry D $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $305,000 -17.5% $108 / Sq Ft
07/15/2022 07/15/22 For Sale $369,900 -- $131 / 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 $3,180 $297,225 $28,050 $269,175
2024 $3,180 $297,225 $28,050 $269,175
2023 $3,180 $297,225 $28,050 $269,175
2022 $2,791 $235,028 $28,050 $206,978
2021 $2,791 $235,028 $28,050 $206,978
2020 $2,791 $235,028 $28,050 $206,978
2019 $2,791 $235,028 $28,050 $206,978
2018 $2,434 $207,182 $28,050 $179,132
2017 $2,332 $207,182 $28,050 $179,132
2016 $2,332 $207,182 $28,050 $179,132
2015 $2,367 $207,182 $28,050 $179,132
2014 $2,416 $213,792 $28,050 $185,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3879272

Canopy MLS (Canopy Realtor® Association)

APN: 130-305