NOT LISTED FOR SALE

550 Thomas Dr Raeford, NC 28376

Estimated Value: $216,000 - $283,000

4 Beds
3 Baths
2,128 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $150,000 $70 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,413/month

1 Day on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Double Vanity
  • No HOA
  • Front Porch
  • Walk-In Closet

About This Home

As of September 2020

Huge modular home with over 2100 square feet. 1.94 Acres. And this home is listed $15,000 plus below tax value! Many new features including new carpet and vinyl flooring, kitchen appliances, kitchen cabinets, hvac system, lighting etc. This is a must see!

Last Agent to Sell the Property

TRACY FIORE

ERA STROTHER REAL ESTATE #5 License #264021 Listed on: 07/20/2020

ERA STROTHER REAL ESTATE #5

Last Buyer's Agent

Rebecca Smith

NON MEMBER COMPANY License #none

NON MEMBER COMPANY

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 2011

Lot Details

  • 1.94 Acre Lot
  • Property is in good condition

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2,128 Sq Ft Home
  • Ceiling Fan
  • Factory Built Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Garden Bath
  • Separate Shower

Outdoor Features

  • Front Porch

Schools

  • West Hoke Elementary School
  • West Hoke Middle School
  • Hoke County High School

Utilities

  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Forest Creek Acres Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 694240601008

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,614

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Sub Type: Modular Home
  • Prop. Type: Residential
  • Lot Size Acres: 1.94
  • Inclusions: n/a
  • Ownership: Less than a year
  • Subdivision Name: FOREST CREEK ACRES
  • Architectural Style: Ranch, Modular/Prefab
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Factory Built
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Garden Tub/Roman Tub, Kitchen Island, Separate Shower, Walk-In Closet(s)
  • Living Area: 2128.0

Exterior Features

  • Lot Features: 1-2 Acres
  • Exclusions: n/a
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Good Condition

Utilities

  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: West Hoke Elementary
  • High School: Hoke County High School
  • Middle Or Junior School: West Hoke Middle School

Lot Info

  • Parcel #: 694240601008
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Aug 27, 2020
Sold by
Rd Home Sales Inc
Bought by
Lowery Bobby and Lowery Faye B
Seller's Agent
TRACY FIORE
ERA STROTHER REAL ESTATE #5
Buyer's Agent
Rebecca Smith
NON MEMBER COMPANY
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%
Current Estimated Value
$243,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,000
Avg. Annual Appreciation
9.82%
Original Mortgage
$150,000
Outstanding Balance
$132,562
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$110,438

Purchase Details

Listed on
Nov 4, 2019
Closed on
Jan 8, 2020
Sold by
Pnc Bank
Bought by
Rd Home Sales Inc
Seller's Agent
Deanna Ivey
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Buyer's Agent
TRACY FIORE
ERA STROTHER REAL ESTATE #5
List Price
$63,000
Sold Price
$55,000
Premium/Discount to List
-$8,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
347.03%
Original Mortgage
$90,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2019
Sold by
Adams Monica M
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Jun 30, 2010
Sold by
Wright Business Investments Llc
Bought by
Adams Monica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,652
Interest Rate
4.77%
Mortgage Type
FHA
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
Lowery Bobby $15,000 None Available
Rd Home Sales Inc $55,000 None Available
Pnc Bank National Association $117,000 None Available
Adams Monica M $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowery Bobby $150,000
Previous Owner Rd Home Sales Inc $90,000
Previous Owner Adams Monica M $151,652
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2020 09/15/20 Sold $150,000 +3.4% $70 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $145,000 +163.6% $68 / Sq Ft
01/15/2020 01/15/20 Sold $55,000 -12.7% $26 / Sq Ft View Prior Sale
12/17/2019 12/17/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $63,000 -- $30 / Sq Ft
Source: Longleaf Pine REALTORS®

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 $1,614 $178,810 $18,830 $159,980
2024 $1,614 $178,810 $18,830 $159,980
2023 $1,614 $178,810 $18,830 $159,980
2022 $1,584 $178,810 $18,830 $159,980
2021 $1,483 $162,410 $18,830 $143,580
2020 $1,508 $162,410 $18,830 $143,580
2019 $1,508 $162,410 $18,830 $143,580
2018 $1,508 $162,410 $18,830 $143,580
2017 $1,508 $162,410 $18,830 $143,580
2016 $1,481 $162,410 $18,830 $143,580
2015 $1,481 $162,410 $18,830 $143,580
2014 $1,458 $162,410 $18,830 $143,580
2013 -- $138,180 $15,070 $123,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 638344

Longleaf Pine REALTORS®

APN: 694240601008