NOT LISTED FOR SALE

6395 Gumwood Rd Oak Ridge, NC 27310

Estimated Value: $491,000 - $631,000

3.1 Acres
$184,736 Price per Acre
135,036 Sq Ft Lot

Last Sold August 03, 2016

Last sale price $115,000

Est. 398% increase in value since last sale

Current estimated payment $3,300/month

239 Days on Market

About This Lot

As of August 2016

Rare opportunity on 3.1Ac building lot in heart of Oak Ridge. Cleared and ready to build with Glenn Myrick Builder or bring your own builder. No Home Owner Asso or restrictive covenants. Well included. Health permit for 4BR.

Last Agent to Sell the Property

Tammy Gardner

Howard Hanna Allen Tate Oak Ridge Commons License #130778 Listed on: 11/18/2015

Howard Hanna Allen Tate Oak Ridge Commons

Last Buyer's Agent

Chris Pappalardo

Keller Williams One License #269486

Keller Williams One

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $499

Lot Details

  • 3.1 Acre Lot
  • Cleared Lot
  • Property is zoned AG

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0162760
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$499

Lot Details

0

Listing Details

  • Property Sub Type: Agriculture
  • Prop. Type: Land
  • Lot Size Acres: 3.1
  • Lot Size: irregular
  • Road Frontage Type: 2-Lane
  • Road Surface Type: Paved
  • Directions: N68, R Oak Ridge Rd, R Bunch, R Gumwood, property near end on Right.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_AdCopy: Rare opportunity on 3.1Ac building lot in heart of Oak Ridge. Cleared and ready to build with Glenn Myrick Builder or bring your own builder. No Home Owner Asso or restrictive covenants. Well included, health permit for 4BR.
  • Special Features: None

Exterior Features

  • Lot Features: Partially Cleared

Utilities

  • Electric: Duke Power
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Oak Ridge
  • High School: Northwest
  • Middle Or Junior School: Northwest

Lot Info

  • Wooded Area: 87120
  • Parcel #: 0162760
  • Zoning: AG
  • TRIADMLS_ClearedAcres: 1
  • TRIADMLS_PlatPage: 86
  • TRIADMLS_PlatBook: 168
  • TRIADMLS_AcresRange: 3 - 3

Tax Info

  • Tax Annual Amount: 499
  • Tax Lot: 2
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
Aug 2, 2016
Sold by
Glenn Myrick Builder Inc
Bought by
Tierney Nicholas and Tierney Jennifer
Seller's Agent
Tammy Gardner
Howard Hanna Allen Tate Oak Ridge Commons
Buyer's Agent
Chris Pappalardo
Keller Williams One
List Price
$149,900
Sold Price
$115,000
Premium/Discount to List
-$34,900
-23.28%
Current Estimated Value
$572,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,681
Avg. Annual Appreciation
18.98%
Original Mortgage
$362,425
Outstanding Balance
$289,917
Interest Rate
3.56%
Mortgage Type
Construction
Estimated Equity
$282,764

Purchase Details

Closed on
Sep 1, 2015
Sold by
Allred Randall C and Allred Dawn R
Bought by
Glenn Myrick Builder Inc

Purchase Details

Closed on
Dec 29, 2006
Sold by
Allred William M and Allred Phyllis C
Bought by
Allred Randall C
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
Tierney Nicholas $115,000 None Available
Glenn Myrick Builder Inc $63,000 Attorney
Allred Randall C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tierney Nicholas $362,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2016 08/03/16 Sold $115,000 -23.3% --
07/15/2016 07/15/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $149,900 -- --
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 $3,639 $389,900 $122,300 $267,600
2024 $3,639 $389,900 $122,300 $267,600
2023 $3,639 $389,900 $122,300 $267,600
2022 $3,541 $389,900 $122,300 $267,600
2021 $3,133 $345,000 $100,700 $244,300
2020 $3,133 $345,000 $100,700 $244,300
2019 $3,133 $345,000 $0 $0
2018 $3,108 $343,900 $0 $0
2017 $2,888 $343,900 $0 $0
2016 $499 $53,900 $0 $0
2015 $502 $53,900 $0 $0
2014 $507 $53,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 777791

Triad MLS

APN: 0162760