NOT LISTED FOR SALE

702 Commons Dr Gibsonville, NC 27249

Estimated Value: $519,109

1.85 Acres
$280,599 Price per Acre
80,586 Sq Ft Lot

Last Sold January 11, 2012

Last sale price $10,000 $4 Per Sq Ft

Est. 5,091% increase in value since last sale

Current estimated payment $2,954/month

68 Days on Market

About This Lot

As of January 2012

Convenient Location Just Off The I85/!40 Corridor Within Commuting Distance To The Triad (Greensboro, High Point & Winston Salem) & The Triangle (Raleigh,Durham & Chapel Hill). Lots 1,2,5,6 & 7 Commons Dr, & Lots 9,10,11,12 & 13 Grass Field Ct, & Grass Burn Common Area Fronting Hwy 70 Are All Owned By The Seller Bb&T. Eligible For Usda Financing.

Property Details

Property Type

  • Land

Lot Details

  • 1.85 Acre Lot

Schools

  • Eastern Guilford Middle School
  • Eastern Guilford High School

Community Details

  • No Home Owners Association
  • Knox Commons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0120619

Property Details

Property Type

Land

Lot Details

1.85 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 1.85
  • Subdivision Name: Knox Commons
  • Directions: I85/40 to Exit 135, Left onto Hwy 70/Burlington Rd. through Sedalia towards Greensboro. Turn left into Commons Drive after Ingles Mini Mart
  • Special Features: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Sedalia
  • High School: Eastern Guilford
  • Middle Or Junior School: Eastern Guilford

Lot Info

  • Parcel #: 0120619
  • Zoning: R
  • TRIADMLS_AcresRange: 1 - 101

Tax Info

  • Tax Annual Amount: 336.5
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2023
Sold by
Gibbs James L and Gibbs Bonnie J
Bought by
Gibbs James L and Gibbs Bonnie J
Current Estimated Value
$519,109

Purchase Details

Closed on
Sep 13, 2017
Sold by
Buckland Carl D
Bought by
Buckland Carl David

Purchase Details

Closed on
Jan 27, 2016
Bought by
Gibbs James L

Purchase Details

Closed on
Feb 17, 2015
Sold by
Gibbs James L and Gibbs James L
Bought by
Gibbs James L

Purchase Details

Closed on
Aug 1, 2014
Sold by
Windsor Investments Llc
Bought by
Gibbs James L and Gibbs James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,597
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2014
Sold by
Gibbs James Lee and Gibbs Bonnie
Bought by
Windsor Investments Llc

Purchase Details

Listed on
Oct 21, 2011
Closed on
Jan 11, 2012
Bought by
Buckland Anita A
List Price
$19,900
Sold Price
$10,000
Premium/Discount to List
-$9,900
-49.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.09%

Purchase Details

Closed on
May 6, 2011
Sold by
Burkart Gary E and Lindsay Burkart S
Bought by
Branch Banking & Trust Company
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gibbs James L -- None Listed On Document
Buckland Carl David -- None Available
Buckland Carl D -- None Available
Gibbs James L -- --
Gibbs James L -- Chicago Title Insurance Co
Gibbs James L $268,000 Chicago Title Insurance Co
Windsor Investments Llc $23,000 None Available
Buckland Anita A $100,000 --
Branch Banking & Trust Company $110,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibbs James L $260,597
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/11/2012 01/11/12 Sold $10,000 0.0% $4 / Sq Ft View Prior Sale
01/11/2012 01/11/12 Sold $10,000 -49.7% $4 / Sq Ft
12/29/2011 12/29/11 Pending -- -- --
12/12/2011 12/12/11 Pending -- -- --
10/21/2011 10/21/11 For Sale $19,900 0.0% $8 / Sq Ft
09/15/2011 09/15/11 For Sale $19,900 -- $8 / Sq Ft
Source: Triad MLS

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 $3,031 $338,500 $40,000 $298,500
2024 $3,031 $338,500 $40,000 $298,500
2023 $3,031 $338,500 $40,000 $298,500
2022 $2,974 $338,500 $40,000 $298,500
2021 $2,433 $276,900 $25,000 $251,900
2020 $2,417 $276,900 $25,000 $251,900
2019 $2,403 $276,900 $0 $0
2018 $2,391 $276,900 $0 $0
2017 $2,403 $276,900 $0 $0
2016 $2,322 $260,200 $0 $0
2015 $2,335 $260,200 $0 $0
2014 -- $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 626014

Triad MLS

APN: 0120619

Your Personal Tour Guide

Ask me questions while you tour the home.