NOT LISTED FOR SALE

5620 Richfield Rd Richfield, NC 28137

Estimated Value: $358,000 - $404,310

3 Beds
1 Bath
1,872 Sq Ft
$207/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $145,000 $77 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,254/month

8 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Storm Doors
  • Private Lot
  • Ranch Style House
  • Vinyl Flooring

About This Home

As of February 2018

Drive down this long private deeded driveway to This unique tractor barn turned 3 bedroom 1 bath home. This home offers large living spaces and flexibility. Due to home's construction there are no interior load bearing walls. You can make this home any configuration that fits your life.This home sits on 5.59 acres with great scenery. Partially cleared around the house and wooded in the back leading to a creek in the rear of the property. This property also has a shop with electricity in the backyard. Come check out this private escape and make this property your next home.

Last Agent to Sell the Property

Michael Fullerton

Lantern Realty & Development License #C29719 Listed on: 01/08/2018

Last Buyer's Agent

Chris Puckett

Lantern Realty & Development, LLC License #279213

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • 1 Full Bathroom
  • Open Floorplan
  • Gas Log Fireplace
  • Vinyl Flooring
  • Storm Doors

Utilities

  • Heating System Uses Propane
  • Well

Listing and Financial Details

  • Assessor Parcel Number 547 027

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.82857
  • Ratio Close Price By Original Li: 0.82857
  • Ratio Current Price By Acre: 25939.18
  • Ratio Current Price By Sq Ft: 77.46
  • Year Built: 1986
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Electric Dryer Hookup, Electric Range, Electric Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 000-000-0000
  • Interior Amenities: Open Floorplan, Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1872
  • Total Sq Ft: 1872

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 2

Utilities

  • Heating: Central Air, Electric Hot Air, Propane
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: East Rowan

Lot Info

  • Lot Dimension: 717x888
  • Lot Features: Private, Rolling, Trees, Wooded
  • Lot Size Area: 5.590
  • Parcel Number: 547 027
  • Plat Reference Section Pages: 313
  • Zoning: SFR
  • Zoning Specification: Rual A

Tax Info

  • Tax Value: 118778.00
  • Tax Location: Richfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
Feb 22, 2018
Sold by
Musto Anthony John and Musto Delia Kathleen
Bought by
File James E and File Julie H
Seller's Agent
Michael Fullerton
Lantern Realty & Development
Buyer's Agent
Chris Puckett
Lantern Realty & Development, LLC
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%
Current Estimated Value
$386,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,698
Avg. Annual Appreciation
13.25%
Original Mortgage
$130,500
Outstanding Balance
$112,033
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$255,275

Purchase Details

Closed on
May 21, 2014
Sold by
The Bank Of New York Mellon
Bought by
Musto Anthony John and Musto Delia Kathleen

Purchase Details

Closed on
Dec 12, 2013
Sold by
Fesperman Corbett Cynthia Sue
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
File James E $145,000 None Available
Musto Anthony John $50,000 None Available
The Bank Of New York Mellon $85,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open File James E $41,500
Open File James E $130,500
Previous Owner Corbett Cynthia Sue Fesperman $108,400
Previous Owner Corbett Cynthia Sue Fesperman $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $145,000 -17.1% $77 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $175,000 -- $93 / 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
2025 $1,638 $252,020 $78,563 $173,457
2024 $1,638 $252,020 $78,563 $173,457
2023 $1,638 $252,020 $78,563 $173,457
2022 $995 $136,814 $55,505 $81,309
2021 $995 $136,814 $55,505 $81,309
2020 $995 $136,814 $55,505 $81,309
2019 $995 $136,814 $55,505 $81,309
2018 $857 $118,778 $51,540 $67,238
2017 $857 $118,778 $51,540 $67,238
2016 $857 $118,778 $51,540 $67,238
2015 $872 $118,778 $51,540 $67,238
2014 $876 $121,729 $51,540 $70,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3349762

Canopy MLS (Canopy Realtor® Association)

APN: 547-027