NOT LISTED FOR SALE

702 Lowell Ave Lowell, NC 28098

Estimated Value: $254,000 - $289,343

3 Beds
2 Baths
1,261 Sq Ft
$213/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $225,000 $178 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,627/month

1 Day on Market

About This Home

As of May 2021

Vacant! This ranch home sits on a large, flat lot containing a spacious two-car carport with adjoining storage. The rear yard is surrounded by trees for privacy, and a large deck for afternoon grilling or relaxing. Inside the front door is a great living room with an adjoining den which has lots of windows for natural light, and a second entrance to the home. The owner's suite has a spacious walk-in closet and a private full bathroom on this end of the home. Creating a highly desirable split floor plan, you will find 2 more generous bedrooms and the second full bathroom at the opposite end of the home. The large eat-in kitchen is at the back part of the home, with plenty of room for a dining table, and beautiful granite countertops with stainless appliances. The laundry and storage room off the kitchen doubles as a mudroom. This home packs plenty of features and potential into a charming package. Stop by today, and call it your own!

Last Agent to Sell the Property

Derek Dickson

OfferPad Brokerage LLC License #308020 Listed on: 05/04/2021

Last Buyer's Agent

Ashlea Mann

Costello Real Estate and Investments LLC License #314816

Costello Real Estate and Investments LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.33

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Crawl Space

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 128201

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.02319
  • Ratio Close Price By Original Li: 1.02319
  • Ratio Current Price By Acre: 681818.18
  • Ratio Current Price By Sq Ft: 178.43
  • Year Built: 1948
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Range
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1261
  • Total Sq Ft: 1261

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car

Utilities

  • Heating: Central Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Parcel Number: 128201
  • Zoning Specification: R1

Tax Info

  • Tax Value: 109410.00
  • Tax Location: Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
May 25, 2021
Sold by
Offerpad Llc
Bought by
Layman Rebecca and Layman Nathaniel
Seller's Agent
Derek Dickson
OfferPad Brokerage LLC
Buyer's Agent
Ashlea Mann
Costello Real Estate and Investments LLC
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%
Current Estimated Value
$269,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,086
Avg. Annual Appreciation
4.02%
Original Mortgage
$213,750
Outstanding Balance
$193,408
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$75,678

Purchase Details

Listed on
May 4, 2021
Closed on
Mar 29, 2021
Sold by
Smith Joseph and Smith Alecia
Bought by
Offerpad Spvborrwer 1 Llc
Seller's Agent
Derek Dickson
OfferPad Brokerage LLC
Buyer's Agent
Ashlea Mann
Costello Real Estate and Investments LLC
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Outstanding Balance
$193,408
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$75,678

Purchase Details

Closed on
Nov 4, 2008
Sold by
Causby Crystal and Causby Shane
Bought by
Smith Joseph Michael and Adams Alecia Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,800
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2007
Sold by
Equicredit Corp Of America
Bought by
Causby Crystal

Purchase Details

Closed on
Jul 24, 2007
Sold by
Parker Timothy S and Parker Lorie A
Bought by
Equicredit Corp Of America

Purchase Details

Closed on
Apr 12, 2001
Sold by
Baker Kenneth L and Baker Susan Jeter
Bought by
Parker Thomas S and Parker Lorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
12.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Layman Rebecca $225,000 First American Title
Offerpad Spvborrwer 1 Llc $192,000 First American
Smith Joseph Michael $108,000 None Available
Causby Crystal $86,000 None Available
Equicredit Corp Of America $94,592 None Available
Parker Thomas S $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layman Rebecca $213,750
Previous Owner Smith Joseph Michael $106,800
Previous Owner Smith Joseph Michael $5,000
Previous Owner Parker Thomas S $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $225,000 +2.3% $178 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $219,900 -- $174 / 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 $2,548 $238,320 $22,000 $216,320
2024 $2,548 $238,320 $22,000 $216,320
2023 $2,824 $238,320 $22,000 $216,320
2022 $1,571 $111,450 $17,000 $94,450
2021 $1,444 $111,450 $17,000 $94,450
2020 $1,379 $109,410 $17,000 $92,410
2019 $1,390 $109,410 $17,000 $92,410
2018 $1,055 $81,186 $14,400 $66,786
2017 $1,055 $81,186 $14,400 $66,786
2016 $1,055 $81,186 $0 $0
2014 $1,077 $82,835 $18,000 $64,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3732081

Canopy MLS (Canopy Realtor® Association)

APN: 128201