$38,350
SOLD MAY 20, 2015

5483 Hitching Post Dr Gibsonville, NC 27249

4 Beds
2 Baths
1,900 Sq Ft
0.34 Acres

Recently Sold

$20 Per Sq Ft

26% Below List Price

67 Days on Market

About This Home

As of September 2015

Large Modular home in The Meadows features a living room with a fireplace, kitchen is open to the dining room. Large lot. FHA borrowers may qualify for $100 down payment. FHA 203k renovation loan for qualified property & owner-occupant. SEE AGENT ONLY. EHO.

Last Agent to Sell the Property

Vee Nielsen

TRIAD HOMES REALTY, INC. License #164096 Listed on: 02/14/2015

Last Buyer's Agent

Joe Vipperman

Aspenwood Realtors License #256679

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $705

Year Built

  • Built in 2006

Lot Details

  • 0.34 Acre Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,782 Sq Ft Home
  • 1,600-1,900 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Meadows Quarterstone Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0113131
  • 1% Total Tax Rate

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$705

Year Built

Built in 2006

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Sub Type: Modular
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Subdivision Name: Meadows Quarterstone Farm
  • Directions: East on Wendover, L Willowlake, R Huffine Mill Rd, L Saddlebranch, L Hitching Post next to last house on Right
  • Above Grade Finished Sq Ft: 1782
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 1900
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Interior Amenities: Soaking Tub, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1782
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 60
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0113131
  • Zoning: CU-PDR
  • TRIADMLS_PricePerAcre: 136323.5294
  • TRIADMLS_DeedPage: 1346
  • TRIADMLS_DeedBook: 7669

Tax Info

  • Tax Annual Amount: 704.7
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2015
Closed on
Sep 2, 2015
Sold by
Vipperman Joseph M
Bought by
Cooke Virginia
Seller's Agent
Joe Vipperman
Aspenwood Realtors
Buyer's Agent
Zachary Ingram
eXp Realty
List Price
$79,900
Sold Price
$76,500
Premium/Discount to List
-$3,400
-4.26%
Current Estimated Value
$188,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,946
Avg. Annual Appreciation
8.41%
Original Mortgage
$75,113
Outstanding Balance
$59,859
Interest Rate
3.94%
Mortgage Type
FHA
Estimated Equity
$111,070

Purchase Details

Listed on
Feb 14, 2015
Closed on
May 20, 2015
Bought by
Vipperman Joseph M
Seller's Agent
Vee Nielsen
TRIAD HOMES REALTY, INC.
Buyer's Agent
Joe Vipperman
Aspenwood Realtors
List Price
$51,500
Sold Price
$38,350
Premium/Discount to List
-$13,150
-25.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
710.54%

Purchase Details

Closed on
Sep 16, 2013
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Sep 10, 2013
Sold by
Thomas Debra and Thomas Charles
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 28, 2013
Sold by
Thomas Debra and Thomas Christ
Bought by
Ford Guil

Purchase Details

Closed on
Aug 18, 2008
Sold by
Phoenix Housing Group Inc
Bought by
Thomas Charles and Thomas Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,497
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2008
Sold by
Phoenix Homes Siler City/Burlington Llc
Bought by
Phoenix Housing Group Inc

Purchase Details

Closed on
Apr 4, 2008
Sold by
Wachovia Mortgage Corp
Bought by
Phoenix Homes Siler City Burlington Llc

Purchase Details

Closed on
Mar 31, 2008
Sold by
Federal National Mortgage Association
Bought by
Wachovia Mortgage Corp

Purchase Details

Closed on
Sep 24, 2007
Sold by
Brown Leander L and Brown Denise R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 3, 2006
Sold by
Quarterstone Partners Inc
Bought by
Brown Leander L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,850
Interest Rate
6.2%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed $76,500 Attorney
Deed -- --
Special Warranty Deed -- None Available
Trustee Deed $48,960 None Available
Quit Claim Deed -- None Available
Warranty Deed $162,000 None Available
Quit Claim Deed -- None Available
Special Warranty Deed $79,000 None Available
Quit Claim Deed -- None Available
Trustee Deed $152,339 None Available
Warranty Deed $90,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,113 FHA
Previous Owner $159,497 FHA
Previous Owner $140,850 Unknown
Previous Owner $140,850 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2015 09/16/15 Sold $76,500 -4.3% $48 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $79,900 +108.3% $50 / Sq Ft
05/20/2015 05/20/15 Sold $38,350 -25.5% $24 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
02/14/2015 02/14/15 For Sale $51,500 -- $32 / 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 $924 $103,200 $30,000 $73,200
2023 $924 $103,200 $30,000 $73,200
2022 $907 $103,200 $30,000 $73,200
2021 $666 $75,800 $18,000 $57,800
2020 $662 $75,800 $18,000 $57,800
2019 $658 $75,800 $0 $0
2018 $654 $75,800 $0 $0
2017 $683 $75,800 $0 $0
2016 $723 $81,000 $0 $0
2015 $727 $81,000 $0 $0
2014 $705 $81,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 731296

Triad MLS

APN: 0113131