NOT LISTED FOR SALE

700 Wellons Ave Spring Lake, NC 28390

Estimated Value: $58,000 - $84,539

3 Beds
1 Bath
900 Sq Ft
$78/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $31,500 $35 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $530/month

23 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Eat-In Kitchen
  • Wood Flooring
  • No HOA
  • Brick Veneer

About This Home

As of April 2020

WELLONS HTS $37,500 3BR/1BA. Great investment home! Rented recently for $595/month. Earning potential here is huge! Located on a fully fenced corner lot with carpet and vinyl in kitchen and baths for easy care. Priced Right! This one will not last! (700W)

Last Agent to Sell the Property

ROBERT BUNNELL

TOWNSEND REAL ESTATE License #287329 Listed on: 02/14/2020

Last Buyer's Agent

ROBERT BUNNELL

TOWNSEND REAL ESTATE License #287329 Listed on: 02/14/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 61 x 117 x 62 x 121
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is in good condition

Parking

  • 1 Attached Carport Space

Home Design

  • Ranch Style House
  • Brick Veneer
  • Frame Construction

Interior Spaces

  • 900 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Lillian Black Elementary School
  • Spring Lake Middle School
  • Pine Forest Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • The lake is a source of water for the property

Community Details

  • No Home Owners Association
  • Wellons Hts Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0511050594

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 61 x 117 x 62 x 121
  • Road Surface Type: Paved
  • Inclusions: Refrigerator
  • Ownership: More than a year
  • Subdivision Name: WELLONS HTS
  • Directions: Proceed on All American to 295 exit. Stay in Right lane and follow signs to Spring Lake. Once on Bragg Blvd, stay in lanes to the Right. Turn Right on Lake Avenue. Turn Right on S. 7th Street. Turn Left onto Wellons Avenue.
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Eat-in Kitchen, Kitchen/Dining Combo, Storage
  • Living Area: 900.0

Exterior Features

  • Fencing: Full
  • Lot Features: < 1/4 Acre, Cleared, Level
  • Topography: Cleared,Level
  • Exclusions: None
  • Home Warranty: Yes
  • Construction Type: Brick Veneer, Frame
  • Exterior Features: Corner Lot, Fully Fenced, Storage
  • Property Condition: Good Condition

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Lake

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lillian Black Elementary
  • High School: Pine Forest Senior High
  • Middle Or Junior School: Spring Lake Middle School

Lot Info

  • Parcel #: 0511050594
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 17, 2020
Sold by
Miss Freddice Llc
Bought by
Revitalize Investments Llc
Seller's Agent
ROBERT BUNNELL
TOWNSEND REAL ESTATE
Buyer's Agent
ROBERT BUNNELL
TOWNSEND REAL ESTATE
List Price
$37,500
Sold Price
$31,500
Premium/Discount to List
-$6,000
-16%
Current Estimated Value
$69,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,385
Avg. Annual Appreciation
14.70%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Revitalize Investments Llc $32,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Sold $31,500 -16.0% $35 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $37,500 0.0% $42 / Sq Ft
02/05/2014 02/05/14 Rented -- -- --
02/05/2014 02/05/14 For Rent -- -- --
Source: Longleaf Pine REALTORS®

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 $1,915 $65,831 $5,750 $60,081
2024 $1,915 $49,519 $3,250 $46,269
2023 $1,029 $49,519 $3,250 $46,269
2022 $892 $49,519 $3,250 $46,269
2021 $892 $49,519 $3,250 $46,269
2019 $863 $36,800 $3,250 $33,550
2018 $863 $36,800 $3,250 $33,550
2017 $863 $36,800 $3,250 $33,550
2016 $992 $47,300 $3,250 $44,050
2015 $992 $47,300 $3,250 $44,050
2014 $992 $47,300 $3,250 $44,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 626990

Longleaf Pine REALTORS®

APN: 0511-05-0594