NOT LISTED FOR SALE

56 Old Dixie Rd Hot Springs, NC 28743

Estimated Value: $187,000 - $260,209

2 Beds
1 Bath
1,033 Sq Ft
$207/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $98,000 $95 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,225/month

204 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Pasture
  • Madison Middle School Rated A-
  • Cottage
  • Level Lot

About This Home

As of May 2017

Desirable fixer-upper farmhouse, manageable, usable acreage and convenience to Town of Hot Springs. The level topography is ideal for a homestead or a mini-farm, with 3.88+/- acres of level, southerly facing pasture and light woods. The farmhouse is livable but needs some TLC.

Last Agent to Sell the Property

Emily Wood

French Broad Real Estate Co. License #287304 Listed on: 09/20/2016

Last Buyer's Agent

Dave Selleck

EXP Realty LLC License #293177

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Level Lot
  • Open Lot
  • Property is zoned Residential Acreage

Parking

  • Gravel Driveway

Home Design

  • Cottage

Flooring

  • Wood
  • Vinyl

Attic

  • Attic Fan
  • Permanent Attic Stairs

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Pasture
  • Heating System Uses Kerosene

Listing and Financial Details

  • Assessor Parcel Number 8850-75-1620

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.98000
  • Ratio Close Price By Original Li: 0.81667
  • Ratio Current Price By Acre: 25257.73
  • Ratio Current Price By Sq Ft: 94.87
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Concrete, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Cable Prewire, Electric Dryer Hookup, Electric Range, Microwave, Electric Oven
  • Fixture Exception Description: pie safe in dining room
  • Fixture Exception Yn: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Attic Fan, Attic Stairs Fixed, Attic Walk-in
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1033
  • Total Sq Ft: 1033

Exterior Features

  • Construction: Shingle
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Gas Hot Air Furnace, Kerosene
  • Sewer: Septic Tank
  • Water: Community Well
  • Water Heater: Electric

Schools

  • Elementary School: Hot Springs
  • Middle School: Madison
  • High School: Madison

Lot Info

  • Lot Features: Level, Mountain View, Open Lot, Pasture
  • Lot Size Area: 3.880
  • Parcel Number: 8850-75-1620
  • Zoning: Residential Acreage
  • Zoning Specification: RA

Tax Info

  • Tax Value: 68795.00
  • Tax Amount Ncm: 566.00
  • Tax Location: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2021
Sold by
Adam Broward-Jensen
Bought by
Broward-Jensens Adam and Kassim Gwen
Current Estimated Value
$214,052

Purchase Details

Closed on
Jul 10, 2020
Sold by
Kassim Gwendolyn G and Broward Jensen Adam
Bought by
Kassim Haseena Fay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2016
Closed on
May 10, 2017
Sold by
Parker Jewell Chandler and Parker James Franklin
Bought by
Kassim Hassena Fay and Kassim Gwendolyn G
Seller's Agent
Emily Wood
French Broad Real Estate Co.
Buyer's Agent
Dave Selleck
EXP Realty LLC
List Price
$120,000
Sold Price
$98,000
Premium/Discount to List
-$22,000
-18.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$78,400
Interest Rate
4.08%
Mortgage Type
New Conventional
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
Broward-Jensens Adam $4,800 None Listed On Document
Kassim Haseena Fay -- Advantage Title Llc
Kassim Hassena Fay $98,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kassim Haseena Fay $78,500
Previous Owner Kassim Hassena Fay $18,100
Previous Owner Kassim Hassena Fay $78,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $98,000 -18.3% $95 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
09/20/2016 09/20/16 For Sale $120,000 -- $116 / 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
2024 $702 $121,492 $47,368 $74,124
2023 $700 $91,144 $38,756 $52,388
2022 $700 $91,144 $38,756 $52,388
2021 $700 $91,144 $38,756 $52,388
2020 $700 $91,144 $38,756 $52,388
2019 $607 $72,115 $31,004 $41,111
2018 $425 $0 $0 $0
2017 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3200630

Canopy MLS (Canopy Realtor® Association)

APN: 8850-75-1425