NOT LISTED FOR SALE

5701 Cornwallis Rd Garner, NC 27529

Estimated Value: $360,942 - $387,000

3 Beds
2 Baths
1,608 Sq Ft
$232/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $325,000 $202 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,135/month

5 Days on Market

Highlights

  • 0.92 Acre Lot
  • Ranch Style House
  • Cooling Available
  • Cleveland Middle School Rated A-
  • No HOA
  • 2 Car Garage

About This Home

As of December 2021

This lovely Garner ranch has been thoughtfully updated & boasts a location convenient to everything. Recently renovated features include flooring, countertops, lighting & fans. Stainless appliances. Roof new in 2021. HVAC new in 2019. Rocking chair front porch & relaxing back porch. Walkup attic w/ tons of storage & potential. Huge barn in backyard w/ endless opportunities!

Last Agent to Sell the Property

Brandon Yopp

The Oceanaire Realty License #299750 Listed on: 10/06/2021

Last Buyer's Agent

steven pratt

Next Stage Realty License #332730

Next Stage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,643

Year Built

  • Built in 1995

Lot Details

  • 0.92 Acre Lot

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • 1,608 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • West View Elementary School
  • Cleveland Middle School
  • Cleveland High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Burwell Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,643

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1995
  • Prop. Type: Residential
  • Subdivision Name: Burwell
  • Above Grade Finished Sq Ft: 1608.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See survey
  • General Property Information Association Fee Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: This lovely Garner ranch has been thoughtfully updated & boasts a location convenient to everything. Recently renovated features include flooring, countertops, lighting & fans. Stainless appliances. Roof new in 2021. HVAC new in 2019. Rocking chair front porch & relaxing back porch. Walkup attic w/ tons of storage & potential. Huge barn in backyard w/ endless opportunities!
  • General Property Information Above Grade Finished Area: 1608.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 40118.76
  • General Property Information Lot Size Acres: 0.921
  • General Property Information:Living Area3: 1608.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.92
  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Johnston - Cleveland
  • Middle Or Junior School: Johnston - Cleveland

Lot Info

  • Lot Dimensions: See survey
  • Lot Size Sq Ft: 40118.76
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1643.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Johnston - West View

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 2, 2021
Sold by
Faralli Maryann
Bought by
Caba Jordan and Caba Brenda
Seller's Agent
Brandon Yopp
The Oceanaire Realty
Buyer's Agent
steven pratt
Next Stage Realty
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$372,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,736
Avg. Annual Appreciation
3.38%
Original Mortgage
$319,113
Outstanding Balance
$293,422
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$79,314

Purchase Details

Closed on
Mar 2, 2021
Sold by
T & T Boys Inc
Bought by
Faralli Mary Ann B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2020
Sold by
Barefoot Jack V and Barefoot Elaine G
Bought by
T & T Boys Inc
Source: Public Records
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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
Caba Jordan $325,000 Magnolia Title Company
Faralli Mary Ann B $295,000 Lm Title Agency Llc
Faralli Maryann B $295,000 New Title Company Name
T & T Boys Inc $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caba Jordan $319,113
Previous Owner Faralli Maryann B $289,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $325,000 -- --
12/03/2021 12/03/21 Sold $325,000 0.0% $202 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $325,000 -- $202 / Sq Ft
Source: Doorify 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
2025 $2,228 $350,810 $80,000 $270,810
2024 $1,853 $228,740 $60,000 $168,740
2023 $1,790 $228,740 $60,000 $168,740
2022 $1,881 $228,740 $60,000 $168,740
2021 $1,643 $199,700 $60,000 $139,700
2020 $1,663 $199,700 $60,000 $139,700
2019 $1,663 $199,700 $60,000 $139,700
2018 $1,352 $158,590 $36,000 $122,590
2017 $1,352 $158,590 $36,000 $122,590
2016 $1,352 $158,590 $36,000 $122,590
2015 $1,352 $158,590 $36,000 $122,590
2014 $1,352 $158,590 $36,000 $122,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2412099

Doorify MLS

APN: 05F02022I