NOT LISTED FOR SALE

7706 Locust Grove Dr Browns Summit, NC 27214

Estimated Value: $136,000 - $245,000

3 Beds
1.5 Baths
1,069 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $45,000 $42 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $1,065/month

9 Days on Market

About This Home

As of June 2014

Conveniently located near a golf course this brick ranch in Brown Summit features outside storage, fenced back yard, eat-in kitchen, and 3 bdrms, 2 baths. FHA borrowers may qualify for $100 down payment. FHA 203k renovation loan for qualified property & owner-occupant. SEE AGENT ONLY. EHO.

Last Agent to Sell the Property

David Dalton

TRIAD HOMES REALTY, INC. License #154055 Listed on: 03/28/2014

Co-Listed By

Vee Nielsen

TRIAD HOMES REALTY, INC. License #164096

Last Buyer's Agent

Mary Smothers

Sold By Smothers Realty, LLC License #229311

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $615

Year Built

  • Built in 1972

Lot Details

  • 0.46 Acre Lot
  • Property is zoned RS-30

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,069 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Northeast Middle School
  • Northeast High School

Utilities

  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Walker Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0128300
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$615

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Co List Office Mls Id: GDAD01
  • Co List Office Phone: 336-547-0298
  • Subdivision Name: Walker Estates
  • Directions: 29N, Exit for NC 150, L on 150, R Locust Grove
  • Above Grade Finished Sq Ft: 1069
  • Unit Levels: One
  • Year Built: 1972
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1069
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1069
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Fencing: None
  • Construction Type: Brick

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Monticello
  • High School: Northeast
  • Middle Or Junior School: Northeast

Lot Info

  • Parcel #: 0128300
  • Zoning: RS-30
  • TRIADMLS_DeedPage: 54
  • TRIADMLS_DeedBook: 7579

Tax Info

  • Tax Annual Amount: 615.09
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2014
Closed on
Jun 3, 2014
Sold by
Secretary Of Hud
Bought by
Thomas Eric A
Seller's Agent
David Dalton
TRIAD HOMES REALTY, INC.
Buyer's Agent
Mary Smothers
Sold By Smothers Realty, LLC
List Price
$44,000
Sold Price
$45,000
Premium/Discount to List
$1,000
2.27%
Current Estimated Value
$187,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,716
Avg. Annual Appreciation
13.37%
Original Mortgage
$49,235
Outstanding Balance
$38,032
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$149,684

Purchase Details

Closed on
Sep 3, 2013
Sold by
Bank Of America N A
Bought by
Secretary Of Hud

Purchase Details

Closed on
Aug 8, 2013
Sold by
Henderson Morris and Henderson Amanda
Bought by
Bank Of America Na

Purchase Details

Closed on
May 20, 2008
Sold by
Graves Priscilla
Bought by
Henderson Morris and Henderson Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,152
Interest Rate
5.84%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Thomas Eric A -- None Available
Secretary Of Hud -- None Available
Bank Of America Na $91,681 None Available
Henderson Morris $74,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Eric A $49,235
Previous Owner Henderson Morris $73,152
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2014 06/06/14 Sold $45,000 +2.3% $42 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $44,000 -- $41 / 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 $810 $91,000 $20,000 $71,000
2024 $810 $91,000 $20,000 $71,000
2023 $810 $91,000 $20,000 $71,000
2022 $792 $91,000 $20,000 $71,000
2021 $660 $75,800 $16,000 $59,800
2020 $660 $75,800 $16,000 $59,800
2019 $660 $75,800 $0 $0
2018 $649 $75,800 $0 $0
2017 $649 $75,800 $0 $0
2016 $626 $70,700 $0 $0
2015 $629 $70,700 $0 $0
2014 $636 $70,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 701490

Triad MLS

APN: 0128300