$131,000
SOLD AUG 1, 2019

540 Highway 274 Vale, NC 28168

3 Beds
1 Bath
1,816 Sq Ft
1.31 Acres

Recently Sold

$72 Per Sq Ft

5% Above List Price

8 Days on Market

Highlights

  • Attached Garage
  • Shed
  • Vinyl Flooring

About This Home

As of December 2024

Brick ranch in country setting on almost 1.5 acres. Spacious rooms including a living room with wood burning fireplace, den, eat in kitchen, 3 beds and 1 large full bath. Attached 2 car garage. Sunporch and two covered front porches. Very nice 24x16 storage building with shelving. This home has great potential!

Last Agent to Sell the Property

Jennifer Walker

Keller Williams Advantage License #213147 Listed on: 06/06/2019

Keller Williams Advantage

Last Buyer's Agent

Marilyn Brooks

Allen Tate Lake Norman License #281164

Allen Tate Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Additional Features

  • Vinyl Flooring
  • 1 Full Bathroom
  • Shed
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 10365

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 1.04800
  • Ratio Close Price By Original Li: 1.04800
  • Ratio Current Price By Acre: 100000.00
  • Ratio Current Price By Sq Ft: 72.14
  • Year Built: 1956
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Outside Entrance
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Electric Range, Electric Oven
  • Fireplace Description: Living Room
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Built-Ins
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1816
  • Total Sq Ft: 1816
  • Sq Ft Unheated Basement: 1816
  • Sq Ft Unheated Main: 136
  • Sq Ft Unheated Total: 1952

Exterior Features

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

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Oil Hot Air
  • Sewer: Septic Installed
  • Water: Well Installed

Schools

  • Elementary School: North Brook
  • Middle School: West Lincoln
  • High School: West Lincoln

Lot Info

  • Lot Dimension: 206x274x208x281
  • Lot Size Area: 1.310
  • Parcel Number: 10365
  • Zoning Specification: R-S

Tax Info

  • Tax Value: 131540.00
  • Tax Location: North Brook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2024
Closed on
Nov 18, 2024
Sold by
Carolina Equity Ventures Llc
Bought by
Ledford Robin Renee and Ledford Robin Hale
Seller's Agent
Jules King
NextHome Choice Realty
Buyer's Agent
Natalie Stamey
Matheny Real Estate
List Price
$309,900
Sold Price
$296,000
Premium/Discount to List
-$13,900
-4.49%
Views
197
Current Estimated Value
$294,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,667
Avg. Annual Appreciation
-0.92%
Original Mortgage
$15,000
Outstanding Balance
$14,946
Interest Rate
6.54%
Mortgage Type
FHA
Estimated Equity
$279,387

Purchase Details

Closed on
Apr 2, 2024
Sold by
Woodward Renita Earliene and Lefevers Michael Ray
Bought by
Carolina Equity Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 26, 2019
Sold by
Hill Norma and Canipe Glenda Katheryn
Bought by
Woodward Lefevers Michael Ray and Woodward Lefevers Renita
Seller's Agent
Jennifer Walker
Keller Williams Advantage
Buyer's Agent
Marilyn Brooks
Allen Tate Lake Norman
List Price
$125,000
Sold Price
$131,000
Premium/Discount to List
$6,000
4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%
Original Mortgage
$133,816
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Closed on
Jul 9, 2007
Sold by
Beam Pauline H
Bought by
Ruth Norma Jean and Kean Madge Houser
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $296,000 Old Republic Title
Warranty Deed $196,000 None Listed On Document
Warranty Deed $130,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000 FHA
Open $284,900 FHA
Previous Owner $196,000 Construction
Previous Owner $133,816 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold $296,000 -1.3% $161 / Sq Ft
09/09/2024 09/09/24 Price Changed $299,900 -2.9% $163 / Sq Ft
08/15/2024 08/15/24 Price Changed $308,900 -0.3% $168 / Sq Ft
06/29/2024 06/29/24 For Sale $309,900 +136.6% $168 / Sq Ft
08/01/2019 08/01/19 Sold $131,000 +4.8% $72 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $125,000 -- $69 / 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
2024 $1,358 $208,340 $30,789 $177,551
2023 $1,358 $208,340 $30,789 $177,551
2022 $1,061 $131,540 $24,413 $107,127
2021 $1,061 $131,540 $24,413 $107,127
2020 $919 $131,540 $24,413 $107,127
2019 $919 $131,540 $24,413 $107,127
2018 $979 $123,542 $22,381 $101,161
2017 $454 $123,542 $22,381 $101,161
2016 $454 $123,542 $22,381 $101,161
2015 $478 $123,542 $22,381 $101,161
2014 $461 $126,063 $24,570 $101,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3512746

Canopy MLS (Canopy Realtor® Association)

APN: 10365