NOT LISTED FOR SALE

550 Jim Dobbins Rd Rutherfordton, NC 28139

Estimated Value: $301,000 - $390,009

3 Beds
2 Baths
1,450 Sq Ft
$247/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $250,000 $172 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,055/month

140 Days on Market

Highlights

  • Horse Facilities
  • Private Lot
  • Breakfast Bar
  • Barn
  • Fireplace
  • Pasture

About This Home

As of April 2019

Turn up the mature oak lined lane to enter your new Horse or Cattle Farm. Picturesque, level adjoining pastures, fenced and cross fenced with 6 Stall barn, Hay Barn and 4 run-in sheds and 3 Bedroom/2 Bath Home. The house and barns need elbow grease and updating, but the infrastructure and location give this property everything it needs to become a fantastic farm. Great location on dead end county road, close to towns of Rutherfordton and Forest City and 15 mins. to Tryon International Equestrian Center.

Last Agent to Sell the Property

Jamie Oxley

RE/MAX Journey License #281205 Listed on: 10/05/2018

Last Buyer's Agent

Spencer Blevins

BluAxis Realty License #296744

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • Private Lot
  • Level Lot

Home Design

  • Cabin

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Vinyl Flooring
  • Crawl Space
  • Breakfast Bar

Parking

  • Workshop in Garage
  • Gravel Driveway

Farming

  • Barn
  • Pasture
  • Fenced For Cattle

Additional Features

  • Shed
  • Hay Storage
  • Septic Tank

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 1402288,1402289

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.86505
  • Ratio Close Price By Original Li: 0.80645
  • Ratio Current Price By Acre: 11627.91
  • Ratio Current Price By Sq Ft: 172.41
  • Special Assessment Yn: Yes
  • Year Built: 1981
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dryer, Dishwasher, Electric Range, Washer, Electric Oven
  • Fireplace Description: Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Breakfast Bar, Garage Shop, Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1450
  • Total Sq Ft: 1450

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Equestrian Facilities, Fenced Pasture, Shed(s), Hay Shed

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Harris
  • Middle School: Chase
  • High School: Chase

Lot Info

  • Lot Features: Level, Long Range View, Pasture, Private
  • Lot Size Area: 21.500
  • Parcel Number: 1402288,1402289

Tax Info

  • Tax Value: 145100.00
  • Tax Location: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
Mar 4, 2019
Sold by
Oxley Merrimon B
Bought by
Kuykendall Burke Richard James and Kuykendall Burke Kela
Seller's Agent
Jamie Oxley
RE/MAX Journey
Buyer's Agent
Spencer Blevins
BluAxis Realty
List Price
$310,000
Sold Price
$250,000
Premium/Discount to List
-$60,000
-19.35%
Current Estimated Value
$358,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,003
Avg. Annual Appreciation
5.64%
Original Mortgage
$225,000
Outstanding Balance
$197,410
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$160,593
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
Kuykendall Burke Richard James $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuykendall Burke Richard James $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2019 04/01/19 Sold $250,000 -13.5% $172 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/05/2019 02/05/19 Price Changed $289,000 -6.8% $199 / Sq Ft
10/05/2018 10/05/18 For Sale $310,000 -- $214 / 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 $1,864 $275,900 $72,100 $203,800
2024 $1,642 $275,900 $72,100 $203,800
2023 $1,290 $275,900 $72,100 $203,800
2022 $1,290 $155,500 $51,700 $103,800
2021 $1,299 $155,500 $51,700 $103,800
2020 $1,291 $155,500 $51,700 $103,800
2019 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3439285

Canopy MLS (Canopy Realtor® Association)

APN: 1653261