NOT LISTED FOR SALE

5404 Nc Hwy 22 42 Ramseur, NC 27316

Estimated Value: $117,000 - $246,000

3 Beds
2 Baths
1,500 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $40,000 $27 Per Sq Ft

Est. 359% increase in value since last sale

Current estimated payment $1,037/month

207 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Circular Driveway
  • Porch
  • Ceiling Fan

About This Home

As of July 2015

Cute country cottage on 4.4 acres! 3 bedrooms, 2 baths. Fireplace in living room, spacious bedrooms. Large walk-in closet in upstairs bedroom. Double detached garage. Plenty of room for gardening or hunting! Duct work and vents in home. Previously oil heat. Needs TLC. Offers much potential!

Last Agent to Sell the Property

Kelly Cassell

Howard Hanna Allen Tate-Asheboro License #190285 Listed on: 12/11/2014

Howard Hanna Allen Tate-Asheboro

Last Buyer's Agent

Kelly Cassell

Howard Hanna Allen Tate-Asheboro License #190285 Listed on: 12/11/2014

Howard Hanna Allen Tate-Asheboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $434

Year Built

  • Built in 1940

Lot Details

  • 4.4 Acre Lot
  • Fenced
  • Property is zoned RA

Parking

  • 2 Car Detached Garage
  • Circular Driveway

Home Design

  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,351 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Schools

  • Southeastern Randolph Middle School
  • Eastern Randolph High School

Utilities

  • Forced Air Heating System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8628051663
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$434

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.4
  • Subdivision Name: N/A
  • Directions: Hwy 42 South to Coleridge, right on Hwy 22/42, home will be on right
  • Above Grade Finished Sq Ft: 1351
  • Unit Levels: One and One Half
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: See Remarks
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1351
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Construction Type: Aluminum Siding, Vinyl Siding, Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Circular Driveway, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Remarks
  • Heating: Forced Air, See Remarks
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Coleridge
  • High School: Eastern Randolph
  • Middle Or Junior School: Southeastern Randolph

Lot Info

  • Parcel #: 8628051663
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 11340.9091
  • TRIADMLS_DeedPage: 262
  • TRIADMLS_DeedBook: 2264

Tax Info

  • Tax Annual Amount: 434.28
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.655

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2014
Closed on
Jul 23, 2015
Sold by
Pilgrim Joanne and Pilgrim David
Bought by
Thompson Chadwick M and Thompson Sally C
Seller's Agent
Kelly Cassell
Howard Hanna Allen Tate-Asheboro
Buyer's Agent
Kelly Cassell
Howard Hanna Allen Tate-Asheboro
List Price
$65,000
Sold Price
$40,000
Premium/Discount to List
-$25,000
-38.46%
Current Estimated Value
$183,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,552
Avg. Annual Appreciation
16.06%

Purchase Details

Closed on
Dec 7, 2011
Sold by
Interstate Intrinsic Value Fund A Llc
Bought by
Pilgrim Joanne and Pilgrim David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
4.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2011
Sold by
Moffitt Debra Barbery and Moffitt Everett Neal
Bought by
Interstate Intrinsic Value Fund A Llc
Source: Public Records

Range of Values:

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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
Thompson Chadwick M $40,000 None Available
Pilgrim Joanne $25,000 None Available
Interstate Intrinsic Value Fund A Llc $23,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pilgrim Joanne $29,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2015 07/23/15 Sold $40,000 -38.5% $33 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $65,000 -- $54 / 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 $767 $127,770 $47,000 $80,770
2023 $767 $127,770 $47,000 $80,770
2022 $617 $84,230 $28,600 $55,630
2021 $617 $84,230 $28,600 $55,630
2020 $595 $84,230 $28,600 $55,630
2019 $595 $84,230 $28,600 $55,630
2018 $433 $59,570 $24,900 $34,670
2016 $433 $59,573 $24,900 $34,673
2015 $434 $59,573 $24,900 $34,673
2014 -- $59,573 $24,900 $34,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 726262

Triad MLS

APN: 8628-05-1663