NOT LISTED FOR SALE

7374 Old Siler City Rd Ramseur, NC 27316

Estimated Value: $200,000 - $304,512

3 Beds
2 Baths
1,983 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 03, 2013

Last sale price $78,000 $39 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,393/month

47 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • No HOA
  • Partially Wooded Lot
  • Attic
  • Cottage

About This Home

As of June 2013

Country Charm! This spacious home on 2.5+ acres is eligible for USDA financing. Home offers new metal roof, hardwood floors, living room with wood burning fireplace, formal dining room, library w/built-in book shelves & heated sunroom. Master has walk-in closet. Large renovated upstairs bath has whirlpool tub, corner shower, vaulted ceiling & wall heater. Some replacement windows, double detached garage, fenced pasture, one stall barn, large oaks, beautiful property! Short sale-selling as is.

Last Agent to Sell the Property

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 11/28/2012

RE/MAX Central Realty

Last Buyer's Agent

Emily Smith

The Real Estate Shoppe License #190836

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $509

Year Built

  • Built in 1945

Lot Details

  • 2.59 Acre Lot
  • Lot Dimensions are 372 x 291 x 386 x 293
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RA

Parking

  • 2 Car Detached Garage

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,983 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dishwasher
  • Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Southeastern Randolph Middle School
  • Eastern Randolph High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7202 / 60
  • Assessor Parcel Number 8721607202
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$509

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.59
  • Lot Size: 372 x 291 x 386 x 293
  • Directions: Hwy 64 East to Ramseur, turn right on Hwy 22 (Coleridge Road). Go approximately 2 miles & turn left on Old Siler City Road. Go approximately 1.6 miles to stop sign & continue on Old Siler City Road 1.4 miles, property on right.
  • Above Grade Finished Sq Ft: 1983
  • Architectural Style: Cottage
  • Unit Levels: One and One Half
  • Year Built: 1945
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1983
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1983
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Lot Features: Horses Allowed, Pasture, Partially Cleared, Partially Wooded
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Coleridge
  • High School: Eastern Randolph
  • Middle Or Junior School: Southeastern Randolph

Lot Info

  • Parcel #: 8721607202
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 508.67
  • Tax Block: 60
  • Tax Lot: 7202
  • Tax Map Number: 8721
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2012
Closed on
Jun 3, 2013
Sold by
Hicks Mitchell O and Hicks Laura M
Bought by
Canoy Jessica M
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Emily Smith
The Real Estate Shoppe
List Price
$137,500
Sold Price
$78,000
Premium/Discount to List
-$59,500
-43.27%
Current Estimated Value
$251,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,128
Avg. Annual Appreciation
9.81%
Original Mortgage
$62,400
Outstanding Balance
$44,098
Interest Rate
3.42%
Mortgage Type
Construction
Estimated Equity
$207,030

Purchase Details

Closed on
Sep 28, 2007
Sold by
Patino Alberto and Patino Gladys Del S
Bought by
Hicks Mitchell O and Hicks Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Canoy Jessica M $78,000 None Available
Hicks Mitchell O $137,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canoy Jessica M $62,400
Previous Owner Hicks Mitchell O $137,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2013 06/03/13 Sold $78,000 -43.3% $39 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
11/28/2012 11/28/12 For Sale $137,500 -- $69 / Sq Ft
Source: Triad MLS

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 $851 $141,820 $35,990 $105,830
2024 $851 $141,820 $35,990 $105,830
2023 $851 $141,820 $35,990 $105,830
2022 $682 $93,030 $20,320 $72,710
2021 $682 $93,030 $20,320 $72,710
2020 $682 $93,030 $20,320 $72,710
2019 $682 $93,030 $20,320 $72,710
2018 $619 $82,230 $17,660 $64,570
2016 $619 $82,225 $17,660 $64,565
2015 $621 $82,225 $17,660 $64,565
2014 -- $82,225 $17,660 $64,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 658710

Triad MLS

APN: 8721-60-7202