NOT LISTED FOR SALE

5586 Morgan St Trinity, NC 27370

Estimated Value: $232,000 - $275,000

3 Beds
1.5 Baths
1,542 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $73,000 $47 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $1,475/month

278 Days on Market

Highlights

  • 0.92 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • 1 Fireplace

About This Home

As of May 2014

Back on the Market! This is a Fannie Mae Homepath Property! Purchase this property for as little as 5% down! This property is approved for Homepath Renovation Mortgage Financing. 3/2 Brick ranch in established Trinity neighborhood. Front porch, rear deck, storage buildings, full unfinished basement, paved drive, central heat AC. Some cosmetic and repair issues noted. Being Sold AS IS. No Warranties or Guaranties Expressed or Implied. Buyer responsible for verifying all systems.

Last Agent to Sell the Property

Brant Harris

CENTRAL CAROLINA REALTY & DEV. License #209582 Listed on: 08/14/2013

Last Buyer's Agent

Lauren Baity

Triad Realty Consultants License #256887

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1958

Lot Details

  • 0.92 Acre Lot
  • Property is zoned R40Y

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,542 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Nancy B & Benjamin Cummins & L Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7707660927
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$967

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Subdivision Name: Nancy B & Benjamin Cummins & L
  • Directions: Heading south on Hwy 62 (Trindale Rd.), Turn left onto Meadowbrook Dr,, Turn right onto Morgan, Property on right.
  • Above Grade Finished Sq Ft: 1542
  • Unit Levels: One
  • Year Built: 1958
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1542
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Has Basement: Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1542
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Private Sewer
  • Cooling: Central Air
  • Heating: Forced Air, See Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7707660927
  • Zoning: R40Y

Tax Info

  • Tax Annual Amount: 967.4
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.0088

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2013
Closed on
May 14, 2014
Sold by
Fannie Mae
Bought by
Huizar Anselmo A and Alcazar Jesus
Seller's Agent
Brant Harris
CENTRAL CAROLINA REALTY & DEV.
Buyer's Agent
Lauren Baity
Triad Realty Consultants
List Price
$89,000
Sold Price
$73,000
Premium/Discount to List
-$16,000
-17.98%
Current Estimated Value
$257,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,070
Avg. Annual Appreciation
11.46%
Original Mortgage
$69,350
Outstanding Balance
$52,540
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$204,530

Purchase Details

Closed on
Jul 10, 2006
Sold by
Kimball Charles D and Kimball Letha R
Bought by
Benes Theodore R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Bought by
Huizar Anselmo Aalcazar Jesus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huizar Anselmo A -- None Available
Benes Theodore R $128,500 Chicago Title Insurance Co
Huizar Anselmo Aalcazar Jesus $120,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huizar Anselmo A $69,350
Previous Owner Benes Theodore R $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2014 05/23/14 Sold $73,000 -18.0% $47 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
08/14/2013 08/14/13 For Sale $89,000 -- $58 / 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
2025 $1,534 $184,780 $56,510 $128,270
2024 $1,516 $184,780 $56,510 $128,270
2023 $1,516 $184,780 $56,510 $128,270
2022 $1,062 $108,920 $20,030 $88,890
2021 $1,062 $108,920 $20,030 $88,890
2020 $1,054 $108,920 $20,030 $88,890
2019 $1,054 $108,920 $20,030 $88,890
2018 $1,074 $107,670 $20,030 $87,640
2016 $1,049 $107,673 $20,030 $87,643
2015 $1,052 $107,673 $20,030 $87,643
2014 $1,052 $107,673 $20,030 $87,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 682129

Triad MLS

APN: 7707-66-0927