NOT LISTED FOR SALE

641 Loray Farm Rd Dallas, NC 28034

Estimated Value: $213,000 - $257,000

2 Beds
1 Bath
1,372 Sq Ft
$169/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $195,000 $142 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,314/month

7 Days on Market

Highlights

  • Covered Patio or Porch
  • More Than Two Accessible Exits
  • Central Heating
  • Laundry Room
  • Bungalow
  • Ceiling Fan

About This Home

As of October 2022

Welcome Home! This charming bungalow has a number of updates. Roof updated in 2015, septic in 2019, carport added in 2019, heat pump in 2020, well pump in 2021 and shed added in 2018. The oversized yard with large concrete pad and 60x60 dog lot offers great potential for a variety of outdoor activities. Home is minutes from HWY 321 making accessibility a breeze!

Last Agent to Sell the Property

Maurice Taylor

Coldwell Banker Mountain View License #320541 Listed on: 07/11/2022

Coldwell Banker Mountain View

Co-Listed By

Kamy Taylor

Coldwell Banker Mountain View Real Estate License #320543

Last Buyer's Agent

Meg Grayson

Coldwell Banker Mountain View License #322497

Coldwell Banker Mountain View

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,105

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 150x198x150x198
  • Level Lot
  • Zoning described as R1

Parking

  • Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,372 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Costner Elementary School
  • W.C. Friday Middle School
  • North Gaston High School

Utilities

  • Central Heating
  • Heat Pump System
  • Septic Tank

Additional Features

  • More Than Two Accessible Exits
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 166988

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,105

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1903
  • Ratio Current Price By Acre: 286764.71
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 142.13
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Vinyl
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1372
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Front
  • Appliances: Ceiling Fan(s), Electric Oven, Electric Range
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1372
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Dallas
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 1 Car, Driveway, Parking Space - 2

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Closet
  • Water Source: Well

Schools

  • Middle Or Junior School: W.C. Friday
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 166988
  • Lot Size: 150x198x150x198
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.24162

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Costner
  • High School: North Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Oct 13, 2022
Sold by
Nichol Lynn Rae
Bought by
Burch Keeley Simone
Seller's Agent
Maurice Taylor
Coldwell Banker Mountain View
Buyer's Agent
Meg Grayson
Coldwell Banker Mountain View
List Price
$190,000
Sold Price
$195,000
Premium/Discount to List
$5,000
2.63%
Views
8
Current Estimated Value
$231,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,886
Avg. Annual Appreciation
5.75%
Original Mortgage
$191,468
Outstanding Balance
$183,750
Interest Rate
5.66%
Mortgage Type
FHA
Estimated Equity
$48,136

Purchase Details

Closed on
Aug 23, 2018
Sold by
Beaver Dennis H and Beaver Jeannie Lynne Grigg
Bought by
Nichol Lynn Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,425
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 1977
Bought by
Beaver Dennis H and Beaver Jeannie Lynne
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
Burch Keeley Simone $195,000 --
Nichol Lynn Rae $82,500 None Available
Beaver Dennis H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burch Keeley Simone $191,468
Previous Owner Nichol Lynn Rae $73,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $195,000 +2.6% $142 / Sq Ft
09/29/2022 09/29/22 For Sale $190,000 0.0% $138 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $190,000 -- $138 / 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 $1,105 $155,240 $20,000 $135,240
2024 $1,105 $154,800 $20,000 $134,800
2023 $1,076 $154,800 $20,000 $134,800
2022 $780 $84,760 $15,000 $69,760
2021 $792 $84,760 $15,000 $69,760
2019 $784 $84,120 $15,000 $69,120
2018 $700 $74,254 $15,708 $58,546
2017 $700 $74,254 $15,708 $58,546
2016 $700 $74,254 $0 $0
2014 $706 $75,626 $18,480 $57,146
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3882324

Canopy MLS (Canopy Realtor® Association)

APN: 166988