NOT LISTED FOR SALE

541 Springs Rd E Unit 2 Lincolnton, NC 28092

Estimated Value: $307,000 - $348,000

3 Beds
2 Baths
1,415 Sq Ft
$226/Sq Ft Est. Value

Last Sold March 27, 2018

Last sale price $176,000 $124 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,829/month

48 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Storage Room
  • Separate Outdoor Workshop
  • Walk-In Closet
  • High Speed Internet

About This Home

As of March 2018

Welcome home to your beautiful home in peaceful country setting, newly remodeled throughout, His/Hers closets in master, 2 car garage, lots of driveway parking. Backyard outbuilding shop with 220 V power, water, roll-up door, window unit AC, high roof, 35'x35' concrete pad. Separate utility shed 8' x 12'. Deeded 1.104 acres, french doors lead to deck overlooking large backyard, covered front porch, great location! No HOA!
All new shutters, laminate wood floors, bedroom carpet, granite master bathroom countertop, porcelain & ceramic tile, interior & garage paint, exterior & exterior lights, water barrier under house, receptacle covers, stove, dishwasher, front door, interior/exterior door handles & hinges, metal roof. Updated kitchen, bathrooms & laundry room. Acid and power washed exterior & gutters. Water softener system. This is a must-see! Move-in ready. Washer and dryer do not convey. Conveniently located. Work in your shop in the backyard, enjoy the deck, or relax on front porch

Last Agent to Sell the Property

Shane Radford

Lake Norman Realty, Inc. License #293771 Listed on: 01/10/2018

Lake Norman Realty, Inc.

Last Buyer's Agent

Melony Banks

MBA Real Estate, LLC License #232773

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 1.1

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Window Treatments
  • Storage Room
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Well
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3645-79-0597

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.05389
  • Ratio Close Price By Original Li: 1.04142
  • Ratio Current Price By Acre: 159420.29
  • Ratio Current Price By Sq Ft: 124.38
  • Year Built: 1998
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Hood, Electric Oven
  • Flooring: Carpet, Laminate Wood
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Cable Available, Pantry, Storage Unit, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1415
  • Total Sq Ft: 1415

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Workshop, Shed(s), Wired Internet Available
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Water Softener System, Well
  • Water Heater: Electric

Schools

  • Elementary School: Battleground
  • Middle School: Lincolnton
  • High School: Lincolnton

Lot Info

  • Lot Features: Paved Frontage
  • Lot Size Area: 1.104
  • Parcel Number: 3645-79-0597
  • Plat Book Slide: H-461
  • Plat Reference Section Pages: 610
  • Zoning: Residential
  • Zoning Specification: R-T

Tax Info

  • Tax Value: 129609.00
  • Tax Location: Lincolnton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2018
Closed on
Mar 27, 2018
Sold by
Thompson Christian B
Bought by
White Robert James
Seller's Agent
Shane Radford
Lake Norman Realty, Inc.
Buyer's Agent
Melony Banks
MBA Real Estate, LLC
List Price
$169,000
Sold Price
$176,000
Premium/Discount to List
$7,000
4.14%
Current Estimated Value
$319,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,181
Avg. Annual Appreciation
8.16%
Original Mortgage
$172,812
Outstanding Balance
$148,822
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$170,359

Purchase Details

Closed on
Sep 24, 2015
Sold by
Drum Floyd M and Drum Helen C
Bought by
Morgan Robbie D and Morgan Krystal Hilderbran

Purchase Details

Closed on
Jul 29, 2009
Sold by
Morgan Robbie D and Morgan Krystal Hilderbran
Bought by
Morgan Robbie D and Morgan Krystal Hilderbran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2005
Sold by
Ross Gene and Ross Nancy
Bought by
Morgan Robbie D and Mcfarlin Jeffery R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.66%
Mortgage Type
FHA
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
White Robert James $176,000 None Available
Morgan Robbie D -- None Available
Morgan Robbie D -- None Available
Morgan Robbie D $8,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Robert James $172,812
Previous Owner Morgan Robbie D $109,500
Previous Owner Morgan Robbie D $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2018 03/27/18 Sold $176,000 +4.1% $124 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $169,000 -- $119 / 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 $1,857 $284,296 $29,942 $254,354
2024 $1,837 $284,296 $29,942 $254,354
2023 $1,790 $284,296 $29,942 $254,354
2022 $1,237 $158,291 $21,961 $136,330
2021 $1,206 $158,291 $21,961 $136,330
2020 $1,059 $158,291 $21,961 $136,330
2019 $1,059 $158,291 $21,961 $136,330
2018 $984 $129,609 $20,402 $109,207
2017 $844 $129,609 $20,402 $109,207
2016 $844 $129,609 $20,402 $109,207
2015 $910 $129,122 $19,915 $109,207
2014 $922 $132,528 $21,837 $110,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3347317

Canopy MLS (Canopy Realtor® Association)

APN: 73532