NOT LISTED FOR SALE

726 Witmore Rd Wingate, NC 28174

Estimated Value: $125,000 - $231,000

2 Beds
1 Bath
960 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $70,500 $73 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $990/month

13 Days on Market

Highlights

  • Ranch Style House
  • Concrete Flooring
  • Open Lot
  • Shed

About This Home

As of January 2020

Great investment opportunity on a property on 1 acre that is 1.4 miles from Wingate University. Home is sold as-is and needs to be completely remodeled, but is priced accordingly. Tremendous potential for an investor wanting to purchase a home to rent to students, or for a buyer able to fix it up and move into his/her forever home! Home has 2 bedrooms and a study/den (a room with no closet), living room, dining/breakfast area, kitchen, and laundry room.
Property is eligible under the First Look Initiative which expires after 20 full days on market. No investor offers until first look period expires. No offers regardless of buyer type will be negotiated within the first 7 days of listing.

Last Agent to Sell the Property

Cheri Wickham

1st Choice Properties License #80809 Listed on: 12/13/2019

Last Buyer's Agent

Vivian Akins

1st Choice Properties Inc License #232315

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 1

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Flooring

  • Laminate
  • Concrete

Additional Features

  • 1 Full Bathroom
  • Shed
  • Open Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 09-028-003-B

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.08629
  • Ratio Close Price By Original Li: 1.08629
  • Ratio Current Price By Acre: 70500.00
  • Ratio Current Price By Sq Ft: 73.44
  • Year Built: 1978
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Cooktop Electric, Dishwasher
  • Flooring: Concrete, Laminate Tile
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 960
  • Total Sq Ft: 960

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Wingate
  • Middle School: East Union
  • High School: Forest Hills

Lot Info

  • Lot Dimension: 124x391x96x364
  • Lot Features: Open Lot
  • Lot Size Area: 1.000
  • Parcel Number: 09-028-003-B
  • Zoning Specification: AH7

Tax Info

  • Tax Value: 88800.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2019
Closed on
Jan 10, 2020
Sold by
Society Wilmington Savings Fund and Peetium Mortgage Acquisition T
Bought by
Dubose Cheryl
Seller's Agent
Cheri Wickham
1st Choice Properties
Buyer's Agent
Vivian Akins
1st Choice Properties Inc
List Price
$64,900
Sold Price
$70,500
Premium/Discount to List
$5,600
8.63%
Current Estimated Value
$176,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,863
Avg. Annual Appreciation
21.18%

Purchase Details

Closed on
Oct 1, 2019
Sold by
Mullis Paula J Tyson and Mullis Chad Everett
Bought by
Wilmington Savings Fund Society Fsb and Pretium Mortgage Acquisition Trust

Purchase Details

Closed on
Dec 7, 2013
Sold by
Tyson Martha Geraldine
Bought by
Justice Paula Tyson

Purchase Details

Closed on
Feb 17, 2011
Sold by
Tyson Martha Geraldine and Estate Of Joe Allen Tyson
Bought by
Tyson Martha Geraldine and Justice Paula Tyson

Purchase Details

Closed on
Jul 3, 2002
Sold by
Engle Edgar R and Engle Debbie Sue
Bought by
Mullis Paula J Tyson and Tyson Joe A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.79%
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
Dubose Cheryl $70,500 None Available
Wilmington Savings Fund Society Fsb $98,896 None Available
Justice Paula Tyson -- --
Tyson Martha Geraldine -- None Available
Mullis Paula J Tyson $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mullis Paula J Tyson $78,048
Previous Owner Mullis Paula J Tyson $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2020 01/13/20 Sold $70,500 +8.6% $73 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
12/13/2019 12/13/19 For Sale $64,900 -- $68 / 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 $697 $103,500 $24,900 $78,600
2023 $678 $103,500 $24,900 $78,600
2022 $664 $101,400 $24,900 $76,500
2021 $663 $101,400 $24,900 $76,500
2020 $663 $88,800 $12,200 $76,600
2019 $749 $88,800 $12,200 $76,600
2018 $749 $88,800 $12,200 $76,600
2017 $794 $88,800 $12,200 $76,600
2016 $781 $88,800 $12,200 $76,600
2015 $790 $88,800 $12,200 $76,600
2014 $750 $97,780 $30,500 $67,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3575681

Canopy MLS (Canopy Realtor® Association)

APN: 09-028-003-B