NOT LISTED FOR SALE

585 Burch Hutchins Rd Unit 1 Forest City, NC 28043

Estimated Value: $209,000 - $268,000

2 Beds
2 Baths
1,420 Sq Ft
$164/Sq Ft Est. Value

Last Sold January 29, 2019

Last sale price $119,000 $84 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,185/month

85 Days on Market

Highlights

  • Barn
  • Fireplace
  • Handicap Accessible
  • Cottage
  • Walk-In Closet
  • 1-Story Property

About This Home

As of January 2019

Farmhouse and Barn on 3.44 acres close to US 221 Hwy and 10 miles (11 minutes) to TIEC. Formally a foster home for disabled adults with handicap access and necessary inspection approvals to serve as such. Septic serves 3 bedrooms and part of the living area could be another bedroom. Public water to dwelling. Private well serves barn and kennels for large breed dogs. 2.65 acres of mowed grass could be easily fenced for horses. No restrictions or zoning. Could also be an easy to find commercial location.

Last Agent to Sell the Property

Gary Bridges

Robert Greene Real Estate, Inc License #44710 Listed on: 09/08/2018

Last Buyer's Agent

Beth Helton

Beth Helton and Associates, LL License #274790

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Propane
  • Well

Additional Features

  • Handicap Accessible
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 1629525
  • Tax Block 1

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.91609
  • Ratio Close Price By Original Li: 0.85061
  • Ratio Current Price By Acre: 34593.02
  • Ratio Current Price By Sq Ft: 83.80
  • Year Built: 1938
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Dryer, Electric Dryer Hookup, Microwave, Exhaust Hood, Refrigerator
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Handicap Access, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1420
  • Total Sq Ft: 1420

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Barn(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Propane
  • Sewer: Septic Tank
  • Water: Well, Public Water

Schools

  • Elementary School: Spindale
  • Middle School: Unspecified
  • High School: RS Central

Lot Info

  • Lot Dimension: 200x600
  • Lot Features: Level, Open Lot, Paved Frontage
  • Lot Size Area: 3.440
  • Parcel Number: 1629525
  • Plat Book Slide: 306
  • Plat Reference Section Pages: 306-1-92

Tax Info

  • Tax Value: 49200.00
  • Tax Block: 1
  • Tax Location: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Jan 29, 2019
Sold by
Ward Donna Lynn
Bought by
Peacock Timothy Ferl and Peacock Kristi Lynn
Seller's Agent
Gary Bridges
Robert Greene Real Estate, Inc
Buyer's Agent
Beth Helton
Beth Helton and Associates, LL
List Price
$139,900
Sold Price
$119,000
Premium/Discount to List
-$20,900
-14.94%
Current Estimated Value
$211,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,876
Avg. Annual Appreciation
10.50%
Original Mortgage
$115,430
Outstanding Balance
$101,688
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$131,854

Purchase Details

Closed on
May 7, 2002
Bought by
Ward Donna Lynn
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
Peacock Timothy Ferl $119,000 None Available
Ward Donna Lynn $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peacock Timothy Ferl $115,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2019 01/29/19 Sold $119,000 -8.4% $84 / Sq Ft
12/02/2018 12/02/18 Pending -- -- --
11/09/2018 11/09/18 Price Changed $129,900 -3.0% $91 / Sq Ft
10/19/2018 10/19/18 Price Changed $133,900 -4.3% $94 / Sq Ft
09/08/2018 09/08/18 For Sale $139,900 -- $99 / 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 $909 $126,200 $16,000 $110,200
2024 $844 $126,200 $16,000 $110,200
2023 $664 $126,200 $16,000 $110,200
2022 $664 $75,200 $16,100 $59,100
2021 $652 $75,200 $16,100 $59,100
2020 $644 $75,200 $16,100 $59,100
2019 $496 $53,900 $16,100 $37,800
2018 $375 $35,500 $8,800 $26,700
2016 $353 $35,500 $8,800 $26,700
2013 -- $35,500 $8,800 $26,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3432953

Canopy MLS (Canopy Realtor® Association)

APN: 1629525