NOT LISTED FOR SALE

7252 Shoe Rd Burlington, NC 27215

Estimated Value: $326,000 - $656,299

4 Beds
1.5 Baths
1,900 Sq Ft
$281/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $145,000 $76 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $2,976/month

32 Days on Market

Highlights

  • 28.85 Acre Lot
  • Traditional Architecture
  • No HOA
  • Partially Wooded Lot
  • Attic
  • Circular Driveway

About This Home

As of April 2017

***MULTIPLE OFFERS - Highest and Best by 2/21/17 1pm*** Awesome opportunity on wooded 28 acre lot. Farm house with four bedrooms on second level, formal living, dining and office on main level that could be used as a fifth bedroom. Listed over $60,000 BELOW tax value! Walk out cellar with washer and dryer hookups. Agents - please see agent only section for offer instructions. REHAB/CASH SALE ONLY

Last Agent to Sell the Property

Thomas Somerville

eXp REO BROKERS, Inc License #190717 Listed on: 01/20/2017

eXp REO BROKERS, Inc

Last Buyer's Agent

Lori Gray-Brookbank

Coldwell Banker Advantage License #205705

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,702

Year Built

  • Built in 1959

Lot Details

  • 28.85 Acre Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned AG

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,768 Sq Ft Home
  • 1,500-1,900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Dishwasher
  • Washer and Dryer Hookup
  • Attic
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • No Garage
  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Porch

Schools

  • Eastern Guilford Middle School
  • Eastern Guilford High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0102985
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,702

Year Built

Built in 1959

Lot Details

28.85 Acres

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 28.85
  • Subdivision Name: None
  • Directions: ***DO NOT RELY ON GPS*** 61 to right on Shoe Rd Right on Osbourne May Rd (NOT ON GPS - GRAVEL/DIRT ROAD) Take a right at fork on Osborune May and house on left.
  • Above Grade Finished Sq Ft: 1768
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1959
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater
  • Flooring: Carpet, See Remarks, Vinyl
  • Interior Amenities: Ceiling Fan(s), See Remarks
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1768
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsUpper: 1

Exterior Features

  • Exterior Features: Remarks
  • Lot Features: Land Locked - No Easement, Level, Partially Cleared, Partially Wooded, See Remarks, Wooded
  • Pool Features: None
  • Construction Type: Brick, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Gravel, Circular Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank, Remarks
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air, Remarks
  • Heating: Heat Pump, See Remarks, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Remarks
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0102985
  • Zoning: AG
  • TRIADMLS_AcresRange: 26 - 30

Tax Info

  • Tax Annual Amount: 1702
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.8698

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2017
Closed on
Apr 26, 2017
Sold by
Vega Jaime and Vega Lindsey
Bought by
Vega Jaime and Vega Lindsey
Seller's Agent
Thomas Somerville
eXp REO BROKERS, Inc
Buyer's Agent
Lori Gray-Brookbank
Coldwell Banker Advantage
List Price
$141,500
Sold Price
$145,000
Premium/Discount to List
$3,500
2.47%
Current Estimated Value
$533,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,075
Avg. Annual Appreciation
15.75%
Original Mortgage
$203,613
Outstanding Balance
$169,515
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$363,560

Purchase Details

Listed on
Jan 20, 2017
Closed on
Apr 24, 2017
Sold by
Us Bank Na
Bought by
Vega Taime
Seller's Agent
Thomas Somerville
eXp REO BROKERS, Inc
Buyer's Agent
Lori Gray-Brookbank
Coldwell Banker Advantage
List Price
$141,500
Sold Price
$145,000
Premium/Discount to List
$3,500
2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,613
Outstanding Balance
$169,515
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$363,560

Purchase Details

Closed on
Mar 22, 2016
Sold by
May John Webster
Bought by
May David Russell and May Joseph Webster

Purchase Details

Closed on
Nov 6, 2015
Sold by
Services Of Carolina Llc
Bought by
U S Bank Trust N A

Purchase Details

Closed on
May 20, 1988
Bought by
May Lloyd V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Vega Jaime -- None Available
Vega Taime $145,000 None Available
May David Russell -- None Available
U S Bank Trust N A $119,000 None Available
May Lloyd V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Jaime $203,613
Closed Vega Taime $203,613
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2017 04/26/17 Sold $145,000 +2.5% $97 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $141,500 -- $94 / Sq Ft
Source: Triad MLS

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 $2,422 $361,400 $171,000 $190,400
2024 $2,422 $298,800 $171,000 $127,800
2023 $2,422 $298,800 $171,000 $127,800
2022 $2,422 $298,800 $171,000 $127,800
2021 $1,758 $216,900 $114,000 $102,900
2020 $1,758 $216,900 $114,000 $102,900
2019 $1,758 $216,900 $0 $0
2018 $1,749 $216,900 $0 $0
2017 $1,749 $216,900 $0 $0
2016 $1,688 $202,100 $0 $0
2015 $1,711 $202,100 $0 $0
2014 $1,732 $202,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 818618

Triad MLS

APN: 0102985

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