NOT LISTED FOR SALE

7137 Reeps Grove Church Rd Vale, NC 28168

Estimated Value: $523,000 - $710,138

5 Beds
2.5 Baths
2,903 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $585,000 $202 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,477/month

83 Days on Market

Highlights

  • Second Kitchen
  • Pond
  • Ranch Style House
  • Private Lot
  • Wooded Lot
  • Wood Flooring

About This Home

As of July 2022

RARE OPPORTUNITY! Looking for a peaceful setting that offers ultimate privacy with multiple possiblities? Travel down a newly paved driveway into this 32 acre parcel that features two residental homes, a 3/4 acre creek fed pond and a 2900 sq ft engineered metal building w/ concrete floor. The farmhouse (#7127) features 2BR/1BA and has new windows, open floorplan, updated bath, updated plumbing/electrical, original heart of pine floors in bedrooms/laundry & neutral paint. The white brick ranch (#7137) features 3BR/1.5BA and NEW updated bathrooms featuring a large custom tiled walk in shower and newer water heater. Both HVACS are approx 4-5 years old. UNIQUE PROPERTY!

Last Agent to Sell the Property

Jane McGill

Jane McGill Real Estate License #C39081 Listed on: 04/29/2022

Last Buyer's Agent

Cyndi Newton

NorthGroup Real Estate LLC License #298327

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $859

Year Built

  • Built in 1972

Lot Details

  • Private Lot
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Ranch Style House
  • Farmhouse Style Home
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,903 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Dining Area
  • Crawl Space
  • Laundry Room

Kitchen

  • Second Kitchen
  • <<OvenToken>>
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Access to stream, creek or river
  • Pond
  • Patio
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Schools

  • North Brook Elementary School
  • West Lincoln Middle School
  • West Lincoln High School

Utilities

  • Central Heating
  • Heat Pump System
  • Septic Tank

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes all utilities
  • Assessor Parcel Number 10599
  • Tax Block 99

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$859

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Architectural Style: Farmhouse, Ranch
  • Year Built: 1972
  • Ratio Current Price By Acre: 18281.25
  • Road Surface Type: Asphalt
  • Structure Type: Other
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Hardwood, Tile
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 2990
  • Porch: Front,Patio,Side
  • Room Other: 2nd Living Quarters,Bathroom(s),Bedroom(s),Den,Dining Area,Kitchen,2nd Kitchen,Laundry
  • Appliances: Ceiling Fan(s), Dishwasher, Plumbed For Ice Maker, Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Den
  • Living Area: 2903
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 1226
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Sq Ft: 1677

Exterior Features

  • Exterior Features: Outbuilding(s), Shed(s), Workshop
  • New Construction: No
  • Tax Location: Vale
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Space - 4+

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Pond

Schools

  • Middle Or Junior School: West Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Features: Orchard(s), Paved, Pond(s), Private, Creek/Stream, Wooded, Views, Wooded
  • Lot Size Area: 32
  • Lot Size Units: Acres
  • Parcel Number: 10599
  • Zoning Description: R-S, R-T

Rental Info

  • Rent Includes: All Utilities
  • Tenant Pays: Other
  • Pets Allowed: Yes

Tax Info

  • Tax Block: 99
  • RATIO List Price By Tax Amount: 1.59393

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2

MLS Schools

  • Elementary School: North Brook
  • High School: West Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jul 21, 2022
Sold by
Helmut Kossack Alexander Karl
Bought by
Whitfield Darrell B and Whitfield Tina
Seller's Agent
Jane McGill
Jane McGill Real Estate
Buyer's Agent
Cyndi Newton
NorthGroup Real Estate LLC
List Price
$639,900
Sold Price
$585,000
Premium/Discount to List
-$54,900
-8.58%
Current Estimated Value
$616,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,569
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Nov 18, 2014
Sold by
Kossack Hartmut and Kossack Irene
Bought by
Helmut Kossack Alexander Karl

Purchase Details

Closed on
Jul 2, 2013
Sold by
Boyles Brandon Eugene and Boyles Ann Marie S
Bought by
Kossack Hartmut and Kossack Irene

Purchase Details

Closed on
Jul 22, 2005
Sold by
Reese Clara C
Bought by
Boyles Brandon Eugene and Boyles Ann Marie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
5.51%
Mortgage Type
New Conventional
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
Whitfield Darrell B $585,000 Williams Law Firm
Helmut Kossack Alexander Karl -- None Available
Kossack Hartmut $350,000 None Available
Boyles Brandon Eugene $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyles Brandon Eugene $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $585,000 -1.7% $202 / Sq Ft
06/10/2022 06/10/22 Price Changed $595,000 -7.0% $205 / Sq Ft
04/29/2022 04/29/22 For Sale $639,900 -- $220 / 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
2024 $859 $137,641 $137,641 $0
2023 $4,125 $622,671 $250,301 $372,370
2022 $2,424 $373,292 $160,088 $213,204
2021 $2,424 $373,292 $160,088 $213,204
2020 $2,136 $373,292 $160,088 $213,204
2019 $2,136 $373,292 $160,088 $213,204
2018 $2,013 $322,735 $153,508 $169,227
2017 $1,808 $322,735 $153,508 $169,227
2016 $1,722 $322,735 $153,508 $169,227
2015 $1,859 $322,735 $153,508 $169,227
2014 $1,761 $325,566 $167,987 $157,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3855019

Canopy MLS (Canopy Realtor® Association)

APN: 10599