NOT LISTED FOR SALE

701 Overlook Rd Lowell, NC 28098

Estimated Value: $328,000 - $353,000

4 Beds
2.5 Baths
2,094 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $307,000 $147 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,103/month

9 Days on Market

Highlights

  • 2 Car Attached Garage
  • Central Air
  • Ceiling Fan

About This Home

As of March 2023

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Last Agent to Sell the Property

William Pratt

Keller Williams South Park License #334467 Listed on: 02/14/2023

Keller Williams South Park

Last Buyer's Agent

Alison Alston

EXP Realty LLC Ballantyne License #294466

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,490

Year Built

  • Built in 2007

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R2

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Bumgarner Association Management Association
  • Riverview Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 199449

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,490

Year Built

Built in 2007

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 146.61
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 842
  • 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: 1252
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater
  • Above Grade Finished Sq Ft: 2094
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2094
  • Room Count: 8
  • Sq Ft Other: 318

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 410
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 198
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Bumgarner Association Management
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 198.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 199449
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2024
Sold by
Sfr Jv 2 Ntl Borrower Llc
Bought by
Sfr Jv-2 2024-2 Borrower Llc
Current Estimated Value
$336,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,773,000
Outstanding Balance
$678,849,277
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
-$678,509,159

Purchase Details

Closed on
Nov 30, 2023
Sold by
Sfr Jv-2 Property Llc
Bought by
Sfr Jv 2 Ntl Borrower Llc

Purchase Details

Listed on
Feb 14, 2023
Closed on
Mar 29, 2023
Sold by
Biggerstaff Oma R and Biggerstaff Erik Alan
Bought by
Sfr Jv-2 Property Llc
Seller's Agent
William Pratt
Keller Williams South Park
Buyer's Agent
Alison Alston
EXP Realty LLC Ballantyne
List Price
$335,000
Sold Price
$307,000
Premium/Discount to List
-$28,000
-8.36%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Oct 18, 2016
Sold by
Mitchell Timothy L
Bought by
Mitchell Oma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,039
Interest Rate
3.82%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2007
Sold by
Regent Homes Inc
Bought by
Mitchell Timothy L and Mitchell Oma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,201
Interest Rate
6.29%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2007
Sold by
Beazer Homes Corp
Bought by
Regent Homes Inc

Purchase Details

Closed on
Jul 18, 2003
Sold by
Craft Homes Usa Llc
Bought by
Crossmann Communities Of N Carolina Inc
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
Sfr Jv-2 2024-2 Borrower Llc -- None Listed On Document
Sfr Jv 2 Ntl Borrower Llc -- Os National Title
Sfr Jv-2 Property Llc $307,000 None Listed On Document
Mitchell Oma R -- Boston National Title Llc
Mitchell Timothy L $167,000 Investors Title Insurance Co
Regent Homes Inc $34,500 None Available
Crossmann Communities Of N Carolina Inc $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sfr Jv-2 2024-2 Borrower Llc $686,773,000
Previous Owner Mitchell Oma R $145,039
Previous Owner Mitchell Timothy L $164,201
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $307,000 -5.5% $147 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/18/2023 02/18/23 Price Changed $325,000 -3.0% $155 / Sq Ft
02/14/2023 02/14/23 For Sale $335,000 -- $160 / 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 $3,490 $326,490 $28,000 $298,490
2024 $3,490 $326,490 $28,000 $298,490
2023 $3,869 $326,490 $28,000 $298,490
2022 $2,856 $202,540 $21,000 $181,540
2021 $2,674 $202,540 $21,000 $181,540
2019 $2,572 $202,540 $21,000 $181,540
2018 $1,923 $147,958 $19,200 $128,758
2017 $1,923 $147,958 $19,200 $128,758
2016 $1,923 $147,958 $0 $0
2014 $2,187 $168,219 $26,000 $142,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3939278

Canopy MLS (Canopy Realtor® Association)

APN: 199449