NOT LISTED FOR SALE

714 Main St E Locust, NC 28097

Estimated Value: $218,000 - $300,000

2 Beds
1 Bath
1,000 Sq Ft
$271/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $260,000 $260 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,606/month

275 Days on Market

Highlights

  • Hilly Lot
  • Wood Flooring
  • Forced Air Heating System
  • Locust Elementary School Rated A-
  • Laundry Room
  • Wood Siding

About This Home

As of October 2022

This former brick residence contains approximately 1000 Sq. Ft. with a full basement. It is located on 2.34 acres with 216 feet of Road Frontage on Mainstreet, NC 24/27. This property is currently zoned as HC. This home, currently rented, has great potential as a Home/Office/Business combination. The home and property are being sold "As Is". Although sewer and water service are located nearby it is currently not connected to this home. The Town of Locust Zoning can answer questions about the most current Zoning uses, restrictions and possible future sewer and water connections. At this time the property has a private well and septic system. Two older outbuildings are located on the property.

Last Agent to Sell the Property

Steve Teeter

Whitley Realty, Inc. License #157197 Listed on: 01/17/2022

Last Buyer's Agent

Angela Abbatiello

Wilson Realty License #224050

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 215x268x225x100x421
  • Hilly Lot
  • Property is zoned HC, HC

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • Basement Garage
  • Driveway

Outdoor Features

  • Outbuilding

Schools

  • Locust Elementary School
  • West Stanly Middle School
  • West Stanly High School

Utilities

  • Forced Air Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5575-04-73-7260

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,524

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1961
  • Ratio Current Price By Acre: 111111.11
  • Restrictions: Other - See Media/Remarks
  • Road Surface Type: Gravel
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 260.00
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Block, Brick/Mortar
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 880
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1000
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1000
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1000
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Covered,Front
  • Appliances: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Living Area: 1000
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Outbuilding(s)
  • New Construction: No
  • Roof: Composition
  • Tax Location: Locust
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 400
  • Parking Features: Basement, Driveway, Garage - 1 Car, Parking Space - 3

Utilities

  • Heating: Forced Air, Window Unit(s)
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

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

Lot Info

  • Lot Features: Hilly
  • Lot Size Area: 2.34
  • Lot Size Units: Acres
  • Parcel Number: 5575-04-73-7260
  • Lot Size: 215x268x225x100x421
  • Zoning Description: HC
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.76025

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Locust
  • High School: West Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Homes Quik Llc
Bought by
Clanton Lisa M
Current Estimated Value
$271,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Outstanding Balance
$60,102
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$207,365

Purchase Details

Closed on
Jul 24, 2023
Sold by
Vanhoy Mildred B
Bought by
Vanhoy Arnold Boyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Outstanding Balance
$60,102
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$207,365

Purchase Details

Closed on
Jul 13, 2023
Sold by
Mccomb Development Llc
Bought by
Mhc At Locust Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Outstanding Balance
$60,102
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$207,365

Purchase Details

Listed on
Jan 17, 2022
Closed on
Oct 19, 2022
Sold by
Griffin John David and Griffin Terry F
Bought by
Stanly Const Services Inc
Seller's Agent
Steve Teeter
Whitley Realty, Inc.
Buyer's Agent
Angela Abbatiello
Wilson Realty
List Price
$294,900
Sold Price
$260,000
Premium/Discount to List
-$34,900
-11.83%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.00%

Purchase Details

Closed on
Jul 2, 2015
Sold by
Pence Larry
Bought by
Pence Bernie Larry and Pence Teresa Diane

Purchase Details

Closed on
Jan 5, 2005
Sold by
Bratton Brady K and Bratton Nell G
Bought by
Pence Larry
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
Clanton Lisa M $18,500 None Listed On Document
Vanhoy Arnold Boyd -- None Listed On Document
Mhc At Locust Llc $405,000 None Listed On Document
Stanly Const Services Inc $260,000 None Listed On Document
Pence Bernie Larry -- None Available
Pence Larry $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yee Lee $65,000
Closed Burleson Development Group Llc $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $260,000 -20.0% $260 / Sq Ft
06/20/2022 06/20/22 Price Changed $325,000 +10.2% $325 / Sq Ft
01/17/2022 01/17/22 For Sale $294,900 -- $295 / 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 $1,524 $139,811 $47,240 $92,571
2023 $1,644 $139,811 $47,240 $92,571
2022 $1,392 $117,743 $47,240 $70,503
2021 $1,355 $117,743 $47,240 $70,503
2020 $1,211 $97,598 $41,230 $56,368
2019 $1,223 $97,598 $41,230 $56,368
2018 $1,103 $97,598 $41,230 $56,368
2017 $1,103 $97,598 $41,230 $56,368
2016 $1,051 $92,969 $38,560 $54,409
2015 $1,168 $92,969 $38,560 $54,409
2014 $1,086 $92,969 $38,560 $54,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3821314

Canopy MLS (Canopy Realtor® Association)

APN: 5575-04-73-7260