NOT LISTED FOR SALE

701 Caroline Ave Lowell, NC 28098

Estimated Value: $292,000 - $336,283

3 Beds
2 Baths
1,421 Sq Ft
$223/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $307,000 $216 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,005/month

47 Days on Market

About This Home

As of December 2022

Beautifully updated home in Lowell just minutes to downtown, interstates, and Franklin Square. Home has been updated with new bathrooms, kitchen, electrical, and plumbing. New kitchen features stainless steel appliances, granite countertops, and tile backsplash. Large backyard with storage shed and a large gazebo for entertaining!

Last Agent to Sell the Property

Troy Knight

LKI Realty LLC License #266138 Listed on: 10/20/2022

Last Buyer's Agent

John Buchanan

Allen Tate Charlotte South License #291611

Allen Tate Charlotte South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,879

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 104x240
  • Zoning described as R1

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,421 Sq Ft Home
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 128099

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,879

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1924
  • Ratio Current Price By Acre: 495161.29
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 216.05
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1421
  • 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
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1421
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Lowell
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Carport - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Mud Room
  • Water Source: Public

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.62
  • Lot Size Units: Acres
  • Parcel Number: 128099
  • Lot Size: 104x240
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.47626

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Dec 7, 2022
Sold by
Stackhouse William Grant and Stackhouse Robbin T
Bought by
Dulaney William and Dulaney Amber
Seller's Agent
Troy Knight
LKI Realty LLC
Buyer's Agent
John Buchanan
Allen Tate Charlotte South
List Price
$299,999
Sold Price
$307,000
Premium/Discount to List
$7,001
2.33%
Views
50
Current Estimated Value
$322,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,419
Avg. Annual Appreciation
1.27%
Original Mortgage
$301,439
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2022
Sold by
Martha Elizabeth Rankin Fraley Family Tr
Bought by
Stackhouse William Grant and Stackhouse Robbin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2003
Sold by
Mauney Rebecca G and Mauney William T
Bought by
Fraley Kirby D and Fraley Martha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Dulaney William $307,000 --
Stackhouse William Grant $155,000 Smith R Steven
Fraley Kirby D $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dulaney William A $319,100
Closed Dulaney William A $319,280
Closed Dulaney William Andrew $312,553
Closed Dulaney William $301,439
Previous Owner Stackhouse William Grant $139,500
Previous Owner Fraley Kirby D $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $307,000 +2.3% $216 / Sq Ft
10/20/2022 10/20/22 For Sale $299,999 -- $211 / 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
2024 $2,879 $269,280 $22,000 $247,280
2023 $3,191 $269,280 $22,000 $247,280
2022 $1,708 $121,150 $17,000 $104,150
2021 $1,599 $121,150 $17,000 $104,150
2019 $1,539 $121,150 $17,000 $104,150
2018 $1,222 $94,022 $14,400 $79,622
2017 $1,222 $94,022 $14,400 $79,622
2016 $1,222 $94,022 $0 $0
2014 $1,212 $93,227 $18,000 $75,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3915035

Canopy MLS (Canopy Realtor® Association)

APN: 128099