$10,000
SOLD JAN 11, 2012

702 Commons Dr Gibsonville, NC 27249

1.85 Acres
$5,405 Price per Acre
80,586 Sq Ft Lot

Recently Sold

$4 Per Sq Ft

50% Below List Price

88 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.

Last Agent to Sell the Property

Default Firm Record

Coldwell Banker HPW Listed on: 09/15/2011

Last Buyer's Agent

Bert Ward

ALAMANCE APPRAISALS-BLACK DIAMOND REAL ESTATE LLC License #172384

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,031

Lot Details

  • 1.85 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0120619

Property Details

Property Type

Land

Est. Annual Taxes

$3,031

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.85
  • Lot Size: 80425 SF
  • Directions: I-85/40 To Exit 135. Left Onto Hwy 70/Burlington Rd Through Sedalia Towards Greensboro. Turn Left Onto Commons Drive After Ingles Mini Mart.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement YN: No

Lot Info

  • Lot Size Sq Ft: 80586.0
  • Parcel #: 0120619
  • Zoning Description: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2017
Sold by
Buckland Carl D
Bought by
Buckland Carl David
Current Estimated Value
$495,587

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
33.27%

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

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed -- --
Warranty Deed -- Chicago Title Insurance Co
Warranty Deed $268,000 Chicago Title Insurance Co
Warranty Deed $23,000 None Available
Deed $100,000 --
Trustee Deed $110,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Open $249,000 New Conventional
Closed $82,000 Commercial
Previous Owner $260,597 FHA
Previous Owner $5,000,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2012 01/11/12 Sold $10,000 0.0% $4 / Sq Ft
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: Alamance Multiple Listing Service

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
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

  • D

    Seller's Agent in 2012

    Default Firm Record

    Coldwell Banker HPW

  • B

    Buyer's Agent in 2012

    Bert Ward

    ALAMANCE APPRAISALS-BLACK DIAMOND REAL ESTATE LLC

    (336) 213-0989

    28 Total Sales

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Map

Source: Alamance Multiple Listing Service

MLS Number: 73842

APN: 0120619

North Carolina Guilford County Gibsonville 27249

702 Commons Dr, Gibsonville, NC

This home is located at 702 Commons Dr, Gibsonville, NC 27249 and is currently priced at $10,000, approximately $3 per square foot. 702 Commons Dr is a home located in Guilford County with nearby schools including Sedalia Elementary School, Eastern Guilford Middle School, and Eastern Guilford High School.

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