NOT LISTED FOR SALE

5611 N Old Nc Highway 16 Millers Creek, NC 28651

Estimated Value: $83,000

2 Beds
2 Baths
1,234 Sq Ft
$67/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $40,000 $32 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $499/month

88 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Millers Creek Elementary School Rated A-

About This Home

As of August 2017

This is your opportunity to own a mountain cabin at a great price. The cabin sits on 2.18 private, quiet, peaceful acres that adjoin the middle fork of the Reddies River. 2 bedroom 2 bath with a large front porch with a beautiful view and two wood burning fireplaces. The driveway is shared and needs repairs, house needs a some finishing touches, all appliances and all furnishings convey. Being sold as is.

Jamie Foster

RE/MAX Impact Realty License #277179 Listed on: 04/14/2017

RE/MAX Impact Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $703

Year Built

  • Built in 1960

Lot Details

  • 2.18

Parking

  • No Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,234 Sq Ft Home
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • West Middle School
  • West Wilkes High School

Utilities

  • Wall Furnace
  • Well
  • Electric Water Heater

Additional Features

  • Porch
  • 2.18 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2003018

Home Details

Home Type

Single Family

Est. Annual Taxes

$703

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 2.18
  • Lot Size: 2.18
  • Subdivision Name: N/A
  • Directions: 16 N, right on Old 16, property on left look for sign. Shared driveway, go all the way to the top.
  • Above Grade Finished Sq Ft: 1234
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Electric Water Heater
  • Flooring: Wood
  • Has Basement: Basement, Partial
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1234
  • TRIADMLS_ApproxSqFtRange: 1200 - 1400 SF
  • Basement YN: Yes

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Baseboard, Wall Furnace
  • Water Source: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Millers Creek
  • High School: West Wilkes
  • Middle Or Junior School: West

Lot Info

  • Parcel #: 2003018
  • TRIADMLS_AcresRange: 1-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Oct 6, 2017
Sold by
Townsend Chad E
Bought by
Minton Rachel A
Buyer's Agent
Jamie Foster
RE/MAX Impact Realty
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Total Days on Market
88
Current Estimated Value
$83,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,000
Avg. Annual Appreciation
9.63%

Purchase Details

Listed on
Apr 14, 2017
Closed on
Aug 10, 2017
Sold by
Rose John D and Rose Jessica M
Bought by
Spears Rachel M and Townsend Chad E
Buyer's Agent
Jamie Foster
RE/MAX Impact Realty
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Purchase Details

Closed on
Dec 14, 2007
Bought by
Rose John and Shirley Andrew
Source: Public Records

Range of Values:

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Average Value
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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
Minton Rachel A -- Joines And James Pllc
Spears Rachel M $40,000 Joines & James Pllc
Rose John -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2017 08/10/17 Sold $40,000 -19.8% $32 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $49,900 -- $40 / 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
2024 $703 $45,090 $17,600 $27,490
2023 $346 $45,660 $17,600 $28,060
2022 $533 $45,660 $17,600 $28,060
2021 $533 $68,320 $17,600 $50,720
2020 $533 $68,320 $17,600 $50,720
2019 $53,289 $68,320 $17,600 $50,720
2018 $507 $64,190 $0 $0
2017 $507 $64,190 $0 $0
2016 $507 $64,190 $0 $0
2015 $520 $64,190 $0 $0
2014 $520 $64,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: K63203

Triad MLS

APN: 2003018