NOT LISTED FOR SALE

5644 Polson Ln Iron Station, NC 28080

Estimated Value: $151,486 - $226,000

2 Beds
2 Baths
1,602 Sq Ft
$126/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $120,000 $75 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,141/month

4 Days on Market

Highlights

  • Manufactured Home
  • Wood Burning Fireplace
  • Carpet
  • East Lincoln Middle School Rated A-

About This Home

As of September 2021

Great opportunity for an investment property, rental or for a first home! This is a 3 bedroom manufactured home but the septic permit is for a two bedroom sitting on approx. 1.9 acres in Iron Station. Very pretty wooded lot with hardwoods! Vaulted ceilings in the living room with a wood burning fireplace, nice kitchen, laundry room and 2 bedrooms with an additional room for an office. Vinyl wood flooring in the bathrooms has been upgraded. Heat pump and A/C are only 4 years old! Needs TLC.

Last Agent to Sell the Property

Tracy Frazier Sinyard

Keller Williams Lake Norman License #224407 Listed on: 06/28/2021

Keller Williams Lake Norman

Last Buyer's Agent

Ruth Free

RE/MAX Crossroads License #203061

RE/MAX Crossroads

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1987

Lot Details

  • 1.89

Parking

  • Gravel Driveway

Home Design

  • Single Family Detached Home
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Manufactured Home
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 24399

Property Details

Home Type

Manufactured Home

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Manufactured Doublewide
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 63257.78
  • Ratio Current Price By Sq Ft: 74.91
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Foundation Details: Brick
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Fixture Exception Description: Refrigerator
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1602
  • Total Sq Ft: 1602

Exterior Features

  • Construction: Vinyl
  • Construction Type: Manufactured

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Parcel Number: 24399
  • Zoning Specification: R-R

Tax Info

  • Tax Value: 75234.00
  • Tax Location: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Sep 3, 2021
Sold by
Martin Edwin and Martin Jennifer
Bought by
Faulkner Ted Lee
Seller's Agent
Tracy Frazier Sinyard
Keller Williams Lake Norman
Buyer's Agent
Ruth Free
RE/MAX Crossroads
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$201,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,372
Avg. Annual Appreciation
13.05%
Original Mortgage
$110,000
Outstanding Balance
$99,942
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$101,430

Purchase Details

Closed on
Apr 23, 2001
Bought by
Martin Edwin and Martin Jennifer

Purchase Details

Closed on
Oct 21, 1999
Bought by
Howard David Wade
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
Faulkner Ted Lee $120,000 None Available
Martin Edwin $77,000 --
Howard David Wade $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faulkner Ted Lee $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2021 09/07/21 Sold $120,000 0.0% $75 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $120,000 -- $75 / 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 $977 $135,246 $34,270 $100,976
2024 $957 $135,246 $34,270 $100,976
2023 $934 $135,246 $34,270 $100,976
2022 $615 $67,961 $27,559 $40,402
2021 $668 $75,234 $27,559 $47,675
2020 $538 $75,234 $27,559 $47,675
2019 $538 $75,234 $27,559 $47,675
2018 $639 $73,946 $25,690 $48,256
2017 $538 $73,946 $25,690 $48,256
2016 $538 $73,946 $25,690 $48,256
2015 $613 $73,946 $25,690 $48,256
2014 $685 $85,082 $25,690 $59,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3756285

Canopy MLS (Canopy Realtor® Association)

APN: 24399