NOT LISTED FOR SALE

7880 Falling Brook Ln Vale, NC 28168

Estimated Value: $308,000 - $504,000

3 Beds
2.5 Baths
1,854 Sq Ft
$231/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $389,000 $210 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,422/month

4 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Vaulted Ceiling
  • Deck
  • Wooded Lot
  • Arts and Crafts Architecture

About This Home

As of September 2022

Welcome to this Arts & Crafts style home! Perched on 5.81 private acres in Lincoln County & only minutes away from shopping, restaurants & highways. The exterior has all the old-world rustic charm & the inside has been beautifully updated. The home boasts a 2-story great room w/large windows to enjoy the views & natural sunlight. The kitchen possesses a large quartz counter island w/seating, subway tile backsplash, black SS appliances, 5 burner gas stove top, new cabinetry & accent open wood shelving. The first floor also includes an eat-in area, 2 ample size bedrooms, 1.5 baths & laundry room. Upstairs you will find the sizeable primary bedroom w/upgraded en suite & walk-in closet. Basement includes 1 car garage parking, outside entrance & would make amazing workshop/storage space. Enjoy your summer nights on the expansive front deck or a hot cup of coffee this upcoming fall season. Plenty of space for a garden. If privacy is what you yearn for, you have found your forever home.

Last Agent to Sell the Property

Cyndi Newton

NorthGroup Real Estate LLC License #298327 Listed on: 08/03/2022

NorthGroup Real Estate LLC

Co-Listed By

Alycia Stewart

NorthGroup Real Estate LLC License #275253

Last Buyer's Agent

Debbie Pope

Century 21 Town & Country Rlty License #220038

Century 21 Town & Country Rlty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 475x350x382x107x159x89x404
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Zoning described as R-R

Home Design

  • Arts and Crafts Architecture
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Storm Windows
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Attached Garage
  • Basement Garage
  • 1 to 5 Parking Spaces

Outdoor Features

  • Deck
  • Shed

Schools

  • North Brook Elementary School
  • West Lincoln Middle School
  • West Lincoln High School

Utilities

  • Heat Pump System
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 12077

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 1989
  • Ratio Current Price By Acre: 66942.01
  • Restrictions: No Representation
  • Doors and Windows: Storm Window(s)
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 209.82
  • Special Features: None

Interior Features

  • Foundation Details: Basement Garage Door, Basement Outside Entrance
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: Basement Shop, Breakfast Bar, Kitchen Island, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1399
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1399
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1399
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 455
  • Porch: Deck
  • Appliances: Gas Cooktop, Dishwasher, Microwave, Wall Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1854
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Shingle Siding, Wood Siding

Garage/Parking

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

Utilities

  • Heating: Heat Pump, Heat Pump, See Remarks
  • Sewer: Septic Installed
  • Water Heater: Propane
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: West Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Private, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 12077
  • Lot Size: 475x350x382x107x159x89x404
  • Zoning Description: R-R
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.14965

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: North Brook
  • High School: West Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Sep 7, 2022
Sold by
Bartlett Whitfield and Bartlett Hannah
Bought by
Beaver Payton D and Beaver Patrick Shane
Seller's Agent
Cyndi Newton
NorthGroup Real Estate LLC
Buyer's Agent
Debbie Pope
Century 21 Town & Country Rlty
List Price
$385,000
Sold Price
$389,000
Premium/Discount to List
$4,000
1.04%
Current Estimated Value
$428,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,505
Avg. Annual Appreciation
2.97%
Original Mortgage
$369,550
Outstanding Balance
$353,203
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$75,302

Purchase Details

Listed on
Mar 7, 2021
Closed on
May 5, 2021
Sold by
Anderson Beth Anne
Bought by
Whitfield Zachary
Seller's Agent
Suzie Blazer
Better Homes and Gardens Real Estate Foothills
Buyer's Agent
Flora (Cat) Myers
Excel Real Estate Group
List Price
$185,000
Sold Price
$205,000
Premium/Discount to List
$20,000
10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.29%
Original Mortgage
$183,150
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2014
Sold by
Norman Donald M
Bought by
Anderson Beth Anne

Purchase Details

Closed on
Sep 17, 2014
Sold by
Anderson Beth Anne
Bought by
Anderson Beth Anne

Purchase Details

Closed on
Jul 24, 2013
Sold by
Potter Amy and Potter Ryan
Bought by
Anderson Beth Anne

Purchase Details

Closed on
Jul 17, 2013
Sold by
Anderson David Lee and Anderson Miranda
Bought by
Anderson Beth Anne
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
Beaver Payton D $389,000 --
Whitfield Zachary $205,000 None Available
Whitfield Zachary $205,000 None Listed On Document
Anderson Beth Anne $3,000 None Available
Anderson Beth Anne -- None Available
Anderson Beth Anne -- None Available
Anderson Beth Anne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beaver Payton D $369,550
Previous Owner Whitfield Zachary $183,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2022 09/07/22 Sold $389,000 +1.0% $210 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $385,000 +87.8% $208 / Sq Ft
05/06/2021 05/06/21 Sold $205,000 +10.8% $111 / Sq Ft View Prior Sale
03/12/2021 03/12/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $185,000 -- $100 / 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 $2,121 $333,419 $50,479 $282,940
2024 $1,866 $294,022 $50,479 $243,543
2023 $1,861 $294,022 $50,479 $243,543
2022 $1,403 $179,099 $33,737 $145,362
2021 $1,403 $179,099 $33,737 $145,362
2020 $1,252 $179,099 $33,737 $145,362
2019 $1,252 $179,099 $33,737 $145,362
2018 $1,217 $157,012 $31,876 $125,136
2017 $1,116 $157,012 $31,876 $125,136
2016 $1,116 $157,012 $31,876 $125,136
2015 $1,180 $157,012 $31,876 $125,136
2014 $1,199 $169,615 $35,541 $134,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3888457

Canopy MLS (Canopy Realtor® Association)

APN: 12077