NOT LISTED FOR SALE

7170 Power Line Rd Gibsonville, NC 27249

Estimated Value: $106,000 - $225,000

4.18 Acres
$36,692 Price per Acre
182,081 Sq Ft Lot

Last Sold June 27, 2023

Last sale price $80,000

Est. 92% increase in value since last sale

Current estimated payment $848/month

15 Days on Market

About This Lot

As of June 2023

Very nice flat lot with a total of 4.18 acres. Go and show. Call listing agent with any questions. NO UPDATED RECORDS AVAILABLE REGARDING WELL AND SEPTIC. The last soil evaluation was done on 2017 see attachments. Per the Gibsonville Planning department "The property on Power Line is basically farm land with no water or sewer available in the area. The property will allow a stick built, modular home and double wides, so no other restrictions other than that"

Last Agent to Sell the Property

Laura Leach

Leach Real Estate, LLC License #200736 Listed on: 04/12/2023

Last Buyer's Agent

Laura Leach

Leach Real Estate, LLC License #200736 Listed on: 04/12/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $519

Lot Details

  • 4.18 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0104931

Property Details

Property Type

Land

Est. Annual Taxes

$519

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4.18
  • Directions: From 40 take exit 140 Head north on University Dr toward Westbrook Ave for 0.4 mi, Turn left onto Westbrook Ave for 0.6 mi.Continue onto Alamance St for 0.7 mi .Turn left onto Springwood Ave for 495 ft .Turn right onto E Minneola St drive 1.2 mi turn right onto Power Line Rd on 0.1 mi 7170 Power Line will be on your left
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement YN: No

Utilities

  • Utilities: None

Lot Info

  • Lot Size Sq Ft: 182081.0
  • Parcel #: 0104931
  • Zoning Description: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Jun 26, 2023
Sold by
Ilagan Sixto B and Ilagan Roger
Bought by
Ponce Maribel and Esparza Umberto Gonzalez
Seller's Agent
Laura Leach
Leach Real Estate, LLC
Buyer's Agent
Laura Leach
Leach Real Estate, LLC
List Price
$85,900
Sold Price
$80,000
Premium/Discount to List
-$5,900
-6.87%
Current Estimated Value
$153,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,373
Avg. Annual Appreciation
32.07%
Original Mortgage
$52,500
Outstanding Balance
$45,731
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$107,642

Purchase Details

Listed on
Mar 18, 2022
Closed on
Apr 8, 2022
Sold by
Miles Gerner and Miles Ryan
Bought by
Hagan Roger B and Hagan Roger
Seller's Agent
Diane Anderson
Diane Anderson Real Estate
Buyer's Agent
Laura Leach
Leach Real Estate, LLC
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%

Purchase Details

Closed on
Jul 8, 2013
Sold by
Ammons Margaret Hazel
Bought by
Gerner Amanda and Gerner Ryan Miles
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
Ponce Maribel $80,000 None Listed On Document
Ponce Maribel $80,000 None Listed On Document
Hagan Roger B $70,000 Taylor Law Office Pc
Gerner Amanda $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponce Maribel $52,500
Closed Ponce Maribel $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2023 06/27/23 Sold $80,000 -6.9% --
04/27/2023 04/27/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $85,900 +22.7% --
04/08/2022 04/08/22 Sold $70,000 0.0% -- View Prior Sale
03/31/2022 03/31/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $70,000 -- --
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
2025 $519 $58,400 $58,400 --
2024 $519 $58,400 $58,400 --
2023 $508 $58,400 $58,400 $0
2022 $508 $58,400 $58,400 $0
2021 $306 $35,200 $35,200 $0
2020 $306 $35,200 $35,200 $0
2019 $306 $35,200 $0 $0
2018 $305 $35,200 $0 $0
2017 $305 $35,200 $0 $0
2016 $315 $35,200 $0 $0
2015 $316 $35,200 $0 $0
2014 $306 $35,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 127237

APN: 0104931