NOT LISTED FOR SALE

5605 Polk Mountain Dr Unit 1 Marshville, NC 28103

Estimated Value: $958,000

2.13 Acres
$449,765 Price per Acre
92,783 Sq Ft Lot

Last Sold September 05, 2019

Last sale price $47,000

Est. 1,938% increase in value since last sale

Current estimated payment $5,332/month

533 Days on Market

Highlights

  • Wooded Lot
  • New Salem Elementary School Rated A-
  • Corner Lot

About This Lot

As of September 2019

What a great opportunity to own 2+ac in Polk Mtn neighborhood - zoned for Piedmont schools - home site is wooded and is an excellent basement lot - county water is available - septic drain field was marked by UC health dept however should be updated - SO much road frontage allows creativity for building your dream home - 290' on New Salem and over 400' on Polk Mtn Dr - custom home builder available for any questions if needed - CAN NOT SUBDIVIDE

Last Agent to Sell the Property

Brandon Rushing

Nestlewood Realty, LLC License #297590 Listed on: 01/11/2018

Last Buyer's Agent

Barry Aldridge

Realty ONE Group Select License #225541

Realty ONE Group Select

Property Details

Property Type

  • Land

Lot Details

  • Corner Lot
  • Wooded Lot
  • Many Trees

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 01-204-015

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.94188
  • Ratio Close Price By Original Li: 0.85610
  • Ratio Current Price By Acre: 22065.73
  • Restrictions: Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Brick, Crawl Space

Exterior Features

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

Utilities

  • Sewer: Septic Tank
  • Water: County Water

Schools

  • Elementary School: New Salem
  • Middle School: Piedmont
  • High School: Piedmont

Lot Info

  • Lot Dimension: 234x183x206x114x263x290
  • Lot Features: Corner Lot, Paved Frontage, Trees, Wooded
  • Lot Size Area: 2.130
  • Parcel Number: 01-204-015
  • Zoning: Residential
  • Zoning Specification: RA-40
  • Plat Reference Section Pages: 620
  • Wooded Acres: 2.00

Tax Info

  • Tax Value: 44200.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Sep 4, 2019
Sold by
Gordon Jeffery S and Gordon Karen C
Bought by
Laatsch Larry and Laatsch Patricia
Seller's Agent
Brandon Rushing
Nestlewood Realty, LLC
Buyer's Agent
Barry Aldridge
Realty ONE Group Select
List Price
$54,900
Sold Price
$47,000
Premium/Discount to List
-$7,900
-14.39%
Current Estimated Value
$958,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$911,000
Avg. Annual Appreciation
63.26%
Original Mortgage
$32,180
Outstanding Balance
$17,742
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$940,258

Purchase Details

Closed on
Apr 5, 2001
Sold by
Teton Builders Inc
Bought by
Gordon Jeffery S and Gordon Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,026
Interest Rate
7.11%
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
Laatsch Larry $47,000 None Available
Gordon Jeffery S $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laatsch Larry $32,180
Previous Owner Gordon Jeffery S $23,026
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2019 09/05/19 Sold $47,000 -5.8% --
06/28/2019 06/28/19 Pending -- -- --
05/09/2018 05/09/18 Price Changed $49,900 -9.1% --
01/11/2018 01/11/18 For Sale $54,900 -- --
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 $3,701 $572,200 $60,700 $511,500
2023 $3,584 $572,200 $60,700 $511,500
2022 $3,584 $572,200 $60,700 $511,500
2021 $3,591 $572,200 $60,700 $511,500
2020 $333 $44,220 $44,220 $0
2019 $333 $44,220 $44,220 $0
2018 $333 $44,220 $44,220 $0
2017 $355 $44,200 $44,200 $0
2016 $348 $44,220 $44,220 $0
2015 $352 $44,220 $44,220 $0
2014 -- $47,650 $47,650 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3350994

Canopy MLS (Canopy Realtor® Association)

APN: 01-204-015