NOT LISTED FOR SALE

7503 Reed Mine Trail Locust, NC 28097

Estimated Value: $382,000 - $419,000

3 Beds
2 Baths
1,898 Sq Ft
$209/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $285,500 $150 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,297/month

6 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Transitional Architecture
  • Locust Elementary School Rated A-
  • Wooded Lot
  • Skylights

About This Home

As of July 2020

*We have an executed contract, waiting for ratified disclosures.* Well you can stop holding your breath, the home you were looking for is finally available. This is a great opportunity to own 5 acre multi parcel homesite backing up to state owned Reed Gold Mine land, this spacious remodeled home sits in the middle of a piece of private paradise. The property is perferct for a multi generational family, plenty of room for additional homes. Home has new flooring, freshly painted interior, and a newly remodeled master Bath. Home features and detached 2+ car garage/ workshop with 220 service and HVAC, could possibly be used for a home based business. Please view floor plan and virtual tour, this home is amazing. This site consists of three parcels, please refer to Site overview photo for details.

Last Agent to Sell the Property

Rachel Alles

Mark Spain Real Estate License #215156 Listed on: 05/21/2020

Mark Spain Real Estate

Co-Listed By

Skip Shean

Better Homes and Gardens Real Estate Paracle License #249225

Last Buyer's Agent

Chip Lingle

EXP Realty LLC License #293380

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Home fronts a stream
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Many Trees

Parking

  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Skylights
  • Window Treatments
  • Laminate Flooring
  • Crawl Space
  • Storm Doors
  • Kitchen Island

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5565-02-87-2447

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.96780
  • Ratio Close Price By Original Li: 0.96780
  • Ratio Current Price By Acre: 54071.97
  • Ratio Current Price By Sq Ft: 150.42
  • Year Built: 1996
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s), Storm Window(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Electric, Dishwasher, Disposal, Downdraft Cooktop, Electric Dryer Hookup, Electric Oven, Microwave, Wall Oven
  • Flooring: Laminate Wood
  • Interior Amenities: Built-Ins, Cable Available, Garage Shop, Kitchen Island, Open Floorplan, Skylight(s), Split BR Plan, Window Treatments
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1898
  • Total Sq Ft: 1898

Exterior Features

  • Construction: Vinyl
  • Construction Type: Off Frame Modular
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Garage - 2 Car

Utilities

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

Lot Info

  • Lot Dimension: 205x369x241x294
  • Lot Features: Level, Private, Rolling, Stream/Creek, Trees, Wooded
  • Parcel Number: 5565-02-87-2447
  • Zoning Specification: OPS

Tax Info

  • Tax Value: 185000.00
  • Tax Location: Locust

Matterport 3D Tour

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $285,500 -3.2% $150 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $295,000 -- $155 / 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
2025 $2,382 $258,883 $52,704 $206,179
2024 $2,021 $185,448 $31,632 $153,816
2023 $2,141 $185,448 $31,632 $153,816
2022 $2,123 $185,448 $31,632 $153,816
2021 $1,865 $163,101 $31,632 $131,469
2020 $1,515 $124,827 $27,664 $97,163
2019 $1,531 $124,827 $27,664 $97,163
2018 $1,411 $124,827 $27,664 $97,163
2017 $1,411 $124,827 $27,664 $97,163
2016 $1,387 $122,733 $25,808 $96,925
2015 $1,503 $122,733 $25,808 $96,925
2014 $1,482 $92,101 $27,104 $64,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3621888

Canopy MLS (Canopy Realtor® Association)

APN: 5565-02-87-2447