NOT LISTED FOR SALE

7571 Reed Mine Trail Locust, NC 28097

Estimated Value: $267,000 - $316,000

3 Beds
2 Baths
1,495 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $230,000 $154 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,727/month

6 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Central Heating
  • Locust Elementary School Rated A-
  • Laundry Room
  • Level Lot

About This Home

As of August 2022

Handy Man Special!!!! This 3 bedroom 2 bath all brick home sitting on over 6 acres in the City of Locust needs some TLC!!!! There are 3 parcels of land and Per the deeds approx 6.24 acres. House is being sold as is with no repairs. Price reflects the work needed to be completed on the house. Seller thinks the roof was installed 2017.
Windows have been replaced. Several places in the floors across the front of the house are damaged.
Cash sale only. Please submit proof of funds with offer.
We have MULTIPLE OFFERS ON THIS PROPERTY. SELLERS ARE REQUESTING HIGHEST AND BEST OFFER BY TUESDAY AT 5 PM.

Last Agent to Sell the Property

Marilyn Huneycutt

Whitley Realty, Inc. License #192590 Listed on: 07/01/2022

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 1972

Lot Details

  • Level Lot
  • Property is zoned OPS, OPS

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,495 Sq Ft Home
  • Crawl Space
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • 1 to 5 Parking Spaces

Outdoor Features

  • Outbuilding

Utilities

  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 556502877745,556502875817,556502884099

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,874

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1972
  • Ratio Current Price By Acre: 38333.33
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 153.85
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1495
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1495
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Outbuilding(s)
  • New Construction: No
  • Tax Location: Albemarle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 556502877745,556502875817,556502884099
  • Lot Size: 6.24
  • Zoning Description: OPS
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.25125

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 17, 2022
Sold by
Thomas Carrie Rushing and Thomas Mark David
Bought by
Wilken Jeffrey M and Wilken Mary W
Seller's Agent
Marilyn Huneycutt
Whitley Realty, Inc.
Buyer's Agent
Non Member
Canopy Administration
List Price
$199,500
Sold Price
$230,000
Premium/Discount to List
$30,500
15.29%
Current Estimated Value
$297,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,464
Avg. Annual Appreciation
8.18%
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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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
Wilken Jeffrey M $230,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2022 08/17/22 Sold $230,000 +15.3% $154 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $199,500 -- $133 / 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 $1,874 $203,644 $67,392 $136,252
2024 $1,448 $132,873 $41,136 $91,737
2023 $1,568 $132,873 $41,136 $91,737
2022 $1,555 $132,873 $41,136 $91,737
2021 $1,542 $132,873 $41,136 $91,737
2020 $1,437 $117,861 $35,872 $81,989
2019 $1,452 $117,861 $35,872 $81,989
2018 $1,332 $117,861 $35,872 $81,989
2017 $1,332 $117,861 $35,872 $81,989
2016 $1,291 $114,255 $33,584 $80,671
2015 $1,407 $114,255 $33,584 $80,671
2014 $1,431 $114,255 $33,584 $80,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3879211

Canopy MLS (Canopy Realtor® Association)

APN: 5565-02-87-7745