NOT LISTED FOR SALE

531 Academy St Rural Hall, NC 27045

Estimated Value: $307,360 - $347,000

2 Beds
2.5 Baths
1,870 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $171,000 $91 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,903/month

2 Days on Market

Highlights

  • 1.65 Acre Lot
  • Partially Wooded Lot
  • No HOA
  • Den with Fireplace
  • Attic
  • 2 Car Attached Garage

About This Home

As of April 2012

All brick ranch on 1.65 acres. Loads of expansion possibilities on upper level, already plumbed for bath and partially studded for 2 bedrooms. Full basement has fireplace and can easily be finished for a playroom plus loads of storage. UL and basement not included in square footage. 2 car attached garage, patio, sidewalk lighting and more. One owner home in excellent condition. Lots 201 and 102B convey with property making up 1.65 acres.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1966

Lot Details

  • 1.65 Acre Lot
  • Sloped Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RS9

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,870 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Den with Fireplace
  • 2 Fireplaces
  • Basement
  • Fireplace in Basement
  • Permanent Attic Stairs
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 010B / 4996
  • Assessor Parcel Number 6920165425
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,604

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.65
  • Directions: 52N to exit 115A University Pky/Rural Hall. Right at top of ramp. Continue on University Pkwy. turns into Broad St. Rural Hall. Right on Lindley to Right on Academy.
  • Above Grade Finished Sq Ft: 1870
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1966
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1870
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Separate Shower, Central Vacuum
  • Has Basement: Basement, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Fireplace Features: Basement, Den
  • Fireplaces: 2
  • Living Area: 1870
  • Main Level Bathrooms: 3
  • Attic Description: Floored Attic, Permanent Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Sloped, Partially Wooded
  • Construction Type: Brick, Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 6920165425
  • Zoning: RS9
  • TRIADMLS_DeedPage: 3682
  • TRIADMLS_DeedBook: 2431

Tax Info

  • Tax Annual Amount: 1604.06
  • Tax Block: 4996
  • Tax Lot: 010B
  • Tax Map Number: 618906
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.699

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2012
Closed on
Apr 30, 2012
Sold by
Baker Betty H
Bought by
Chipman Harold Lee and Chipman Darlene Criswell
List Price
$172,500
Sold Price
$171,000
Premium/Discount to List
-$1,500
-0.87%
Current Estimated Value
$321,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,590
Avg. Annual Appreciation
4.85%
Original Mortgage
$136,800
Interest Rate
3.96%
Mortgage Type
New Conventional
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
Chipman Harold Lee $171,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chipman Darlene Criswell $46,698
Closed Chipman Darlene Criswell $31,000
Previous Owner Chipman Harold Lee $136,800
Previous Owner Baker Betty H $30,000
Previous Owner Baker Betty H $84,500
Previous Owner Baker Betty H $80,000
Previous Owner Baker Betty H $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $171,000 -0.9% $91 / Sq Ft
02/23/2012 02/23/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $172,500 -- $92 / Sq Ft
Source: Triad MLS

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
2024 $1,845 $188,300 $33,100 $155,200
2023 $1,845 $188,300 $33,100 $155,200
2022 $1,845 $188,300 $33,100 $155,200
2021 $1,845 $188,300 $33,100 $155,200
2020 $1,876 $179,400 $30,300 $149,100
2019 $1,894 $179,400 $30,300 $149,100
2018 $1,840 $179,400 $30,300 $149,100
2016 $1,736 $168,091 $28,928 $139,163
2015 $1,736 $168,091 $28,928 $139,163
2014 $1,696 $168,091 $28,928 $139,163
Source: Public Records

Map

Source: Triad MLS

MLS Number: 634779

Triad MLS

APN: 6920-16-5502