NOT LISTED FOR SALE

6974 Lackey Rd Vale, NC 28168

Estimated Value: $468,000 - $632,482

3 Beds
2 Baths
1,570 Sq Ft
$364/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $509,000 $324 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,335/month

78 Days on Market

Highlights

  • In Ground Pool
  • Ranch Style House
  • Walk-In Closet
  • Wooded Lot
  • Wood Flooring
  • Laundry Room

About This Home

As of March 2022

Just listed in Vale! Check out this home on 14.5+/- Acres with room to roam! Built in 2005, this 1500+/- Sq ft Ranch was built for ease of living with everything you need on one level. Featuring 3BR 2BA, hardwood floors in the main living area, split bedroom plan, back deck. Exterior recently painted. Excellent outdoor entertainment area with covered patio, inground pool overlooking your new land! If that's not enough, there's a large heated detached garage with a bathroom, wet bar, two lean-tos and attic storage for your toys, tools and equipment.

Last Agent to Sell the Property

William Poteat

RE/MAX Crossroads License #286885 Listed on: 01/06/2022

RE/MAX Crossroads

Last Buyer's Agent

Nancy Tate

Helen Adams Realty License #167786

Helen Adams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,629

Year Built

  • Built in 2005

Lot Details

  • Wooded Lot
  • Zoning described as R-SF

Parking

  • Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 1,570 Sq Ft Home
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • North Brook Elementary School
  • West Lincoln Middle School
  • West Lincoln High School

Utilities

  • Central Heating
  • Heat Pump System
  • Septic Tank

Additional Features

  • In Ground Pool
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 10685

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,629

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2005
  • Ratio Current Price By Acre: 34927.61
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Split Bedroom, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1570
  • 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
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Back
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1570
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 896
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: West Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Features: Pasture, Wooded
  • Lot Size Area: 14.573
  • Lot Size Units: Acres
  • Parcel Number: 10685
  • Zoning Description: R-SF

Tax Info

  • RATIO List Price By Tax Amount: 2.12141

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: North Brook
  • High School: West Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Mar 20, 2022
Sold by
Shannon Stewart Michael and Bradford Anita
Bought by
Schrenker David Keith and Schrenker Belinda Lee
Seller's Agent
William Poteat
RE/MAX Crossroads
Buyer's Agent
Nancy Tate
Helen Adams Realty
List Price
$550,000
Sold Price
$509,000
Premium/Discount to List
-$41,000
-7.45%
Current Estimated Value
$571,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,871
Avg. Annual Appreciation
1.42%
Original Mortgage
$407,200
Outstanding Balance
$382,950
Interest Rate
3.69%
Mortgage Type
Balloon
Estimated Equity
$151,004

Purchase Details

Closed on
Jan 25, 2005
Sold by
Page Marie Beam and Hovis Prue Beam
Bought by
Stewart Michael Shannon and Stewart Anita Bradford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.62%
Mortgage Type
New Conventional
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
Schrenker David Keith $1,018 Patel & Houston Pllc
Stewart Michael Shannon $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrenker David K $70,000
Open Schrenker David Keith $407,200
Previous Owner Stewart Michael Shannon $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $509,000 -7.5% $324 / Sq Ft
01/06/2022 01/06/22 For Sale $550,000 -- $350 / 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 $2,629 $419,040 $126,559 $292,481
2024 $2,609 $419,040 $126,559 $292,481
2023 $2,604 $419,040 $126,559 $292,481
2022 $1,979 $259,262 $81,349 $177,913
2021 $1,583 $259,262 $81,349 $177,913
2020 $1,427 $259,262 $81,349 $177,913
2019 $1,427 $259,262 $81,349 $177,913
2018 $1,439 $242,487 $78,508 $163,979
2017 $1,338 $242,487 $78,508 $163,979
2016 $1,724 $242,487 $78,508 $163,979
2015 $1,776 $242,487 $78,508 $163,979
2014 $1,244 $239,003 $88,550 $150,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3818316

Canopy MLS (Canopy Realtor® Association)

APN: 10685