NOT LISTED FOR SALE

606 Cummings St Gibsonville, NC 27249

Estimated Value: $180,000 - $194,532

2 Beds
1 Bath
1,100 Sq Ft
$170/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $130,000 $118 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,089/month

8 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Porch

About This Home

As of April 2021

Darling home with detached 2 car garage in town of Gibsonville. Floored attic, sun porch, paved driveway. Property is owned by US Depart of HUD, case 387-218022. FHA 203b Financing eligible. $7,040.00 escrow repair if FHA financing. Subject to Appraisal. HUD homes are sold ASIS. Equal Housing Opportunity. Seller makes no represent/warrant as to prop condition. Seller may contribute up to 3% for buyer's closing costs upon buyer request. Owner-Occupant borrower may qualify for $100 down payment with FHA and FHA 303K financing. The LBP Notice/Addendum is provided in attachments.

Last Agent to Sell the Property

Paula Fields

My Favorite Realty, Inc License #243993 Listed on: 03/02/2021

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $986

Year Built

  • Built in 1949

Lot Details

  • 0.48 Acre Lot
  • Property is zoned RS-15

Parking

  • 2 Car Detached Garage

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 978 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0102272
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$986

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Subdivision Name: None
  • Directions: I-85 N to NC-61 N. Take exit 138 for NC-61 N toward Gibsonville. Turn left onto NC-61 N. Turn right onto US-70 E/Burlington Rd. Turn left onto Springwood Ave. Turn right onto Cedar St. Turn right onto Cummings St. Destination will be on the right.
  • Above Grade Finished Sq Ft: 978
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1949
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 978
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0102272
  • Zoning: RS-15
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 986.14
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.2605

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 16, 2021
Sold by
Secretary Of Housing & Urban Development
Bought by
Key Jordan C
Seller's Agent
Paula Fields
My Favorite Realty, Inc
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$130,000
Current Estimated Value
$186,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,883
Avg. Annual Appreciation
8.34%
Original Mortgage
$132,000
Outstanding Balance
$120,559
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$66,324

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 13, 2021
Sold by
Leblanc Martha Alice and Leblanc Tom
Bought by
Key Jordan C
Seller's Agent
Paula Fields
My Favorite Realty, Inc
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Outstanding Balance
$120,559
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$66,324

Purchase Details

Closed on
Nov 17, 2020
Sold by
Leblanc Martha Alice and Estate Of Stephen Flynn Pearso
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 26, 2011
Bought by
Pearson George Woodrow

Purchase Details

Closed on
Jun 17, 2009
Sold by
Pearson George Woodrow
Bought by
Pearson Stephen Flynn
Source: Public Records

Range of Values:

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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
Key Jordan C -- None Available
Key Jordan C -- None Available
Key Jordan C -- None Listed On Document
Secretary Of Housing & Urban Development $52,113 Title Clearing & Escrow Llc
Pearson George Woodrow -- --
Pearson Stephen Flynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Key Jordan C $132,000
Closed Key Jordan C $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $130,000 -- $163 / 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
2025 $1,334 $109,300 $35,000 $74,300
2024 $1,334 $109,300 $35,000 $74,300
2023 $1,334 $109,300 $35,000 $74,300
2022 $1,378 $109,300 $35,000 $74,300
2021 $967 $76,700 $14,000 $62,700
2020 $967 $76,700 $14,000 $62,700
2019 $967 $76,700 $0 $0
2018 $557 $76,700 $0 $0
2017 $560 $76,700 $0 $0
2016 $535 $70,800 $0 $0
2015 $538 $70,800 $0 $0
2014 $545 $70,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Paula Fields

    My Favorite Realty, Inc

    (336) 543-8683

    2 in this area

    49 Total Sales

    Paula Fields
    Section Image

  • N

    Buyer's Agent in 2021

    NONMEMBER NONMEMBER

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Map

Source: Triad MLS

MLS Number: 1013748

Triad MLS

APN: 0102272

North Carolina Guilford County Gibsonville 27249

606 Cummings St, Gibsonville, NC

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