NOT LISTED FOR SALE

7107 Ludgate Rd Gibsonville, NC 27249

Estimated Value: $565,000 - $824,000

1.62 Acres
$413,751 Price per Acre
70,567 Sq Ft Lot

Last Sold May 16, 2013

Last sale price $31,900 $11 Per Sq Ft

Est. 2,001% increase in value since last sale

Current estimated payment $3,840/month

2,580 Days on Market

Highlights

  • No HOA
  • Views
  • Level Lot

About This Lot

As of May 2013

Glen Oaks. Builders welcome. Officer of owner is broker. Just north of Gibsonville. Call for more details.

Last Agent to Sell the Property

Philippe White

WHITE REALTY SERVICES,INC License #61233 Listed on: 12/14/2005

Last Buyer's Agent

Philippe White

WHITE REALTY SERVICES,INC License #61233 Listed on: 12/14/2005

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $222

Lot Details

  • 1.62 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Cleared Lot
  • Property is zoned CU-RS-40

Schools

  • Eastern Guilford Middle School
  • Eastern Guilford High School

Utilities

  • Private Water Source
  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Glen Oaks Subdivision

Listing and Financial Details

  • Legal Lot and Block 002 / 0121-00
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$222

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 1.62
  • Lot Size: Lot 2 is 1.62 ac - 163 x 340 x 350 x 81 x 258
  • Road Frontage Type: 2-Lane, Public, County Road
  • Road Surface Type: Paved
  • Subdivision Name: Glen Oaks
  • Directions: This section of Glen Oaks on Ludgate Rd. which is about 1/4 mile south of intersection of Huffine Mill Rd. & Hwy 61 North. Approx 3.5 miles north of Gibsonville.
  • TRIADMLS_CityLimitsYN: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Partially Cleared, Cleared, Level, Views, Rolling Slope

Utilities

  • Sewer: Private Sewer
  • Electric: Duke Power
  • Water Source: Private
  • TRIADMLS_CableYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: CU-RS-40
  • TRIADMLS_ClearedAcres: 1.62
  • TRIADMLS_PlatPage: 72
  • TRIADMLS_PlatBook: 157
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 222.08
  • Tax Block: 0121-00
  • Tax Lot: 002
  • Tax Map Number: 02-0109-A
  • Tax Year: 2005
  • TRIADMLS_TaxRate: 0.7378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2016
Sold by
Fogleman Nathan Bryant and Fogleman Lisa Isley
Bought by
Farmer Nicole and Framer Brian
Current Estimated Value
$670,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$299,229
Interest Rate
3.57%
Mortgage Type
VA
Estimated Equity
$371,047

Purchase Details

Listed on
Dec 14, 2005
Closed on
May 16, 2013
Sold by
White Philippe and White Elizabeth S
Bought by
Fogleman Nathan Bryant and Fogleman Lisa Isley
Seller's Agent
Philippe White
WHITE REALTY SERVICES,INC
Buyer's Agent
Philippe White
WHITE REALTY SERVICES,INC
List Price
$54,900
Sold Price
$31,900
Premium/Discount to List
-$23,000
-41.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.68%

Purchase Details

Closed on
Jan 7, 2005
Sold by
Glen Oaks Inc
Bought by
White Philippe and White Elizabeth S
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 Buyer Sale Price Title Company
Farmer Nicole $370,000 None Available
Fogleman Nathan Bryant $32,000 None Available
White Philippe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer Nicole $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2013 05/16/13 Sold $31,900 -41.9% $11 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
12/14/2005 12/14/05 For Sale $54,900 -- $18 / Sq Ft
Source: Triad MLS

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 $3,974 $446,800 $62,300 $384,500
2024 $3,974 $446,800 $62,300 $384,500
2023 $3,974 $446,800 $62,300 $384,500
2022 $3,885 $446,800 $62,300 $384,500
2021 $3,211 $369,300 $32,800 $336,500
2020 $3,211 $369,300 $32,800 $336,500
2019 $3,211 $369,300 $0 $0
2018 $3,195 $369,300 $0 $0
2017 $3,195 $369,300 $0 $0
2016 $2,921 $326,700 $0 $0
2015 $2,937 $326,700 $0 $0
2014 $2,842 $28,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Philippe White

    Seller's Agent in 2013

    Philippe White

    WHITE REALTY SERVICES,INC

    (336) 451-0775

    44 Total Sales

    Philippe White
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Map

Source: Triad MLS

MLS Number: G378650

Triad MLS

APN: 0101326

North Carolina Guilford County Gibsonville 27249

7107 Ludgate Rd, Gibsonville, NC

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