NOT LISTED FOR SALE

7914 Red Lantern Rd Indian Trail, NC 28079

Estimated Value: $353,000 - $390,000

4 Beds
2 Baths
1,999 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 16, 2018

Last sale price $205,000 $103 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,168/month

3 Days on Market

Highlights

  • Spa
  • Cape Cod Architecture
  • Separate Outdoor Workshop
  • Hemby Bridge Elementary School Rated A
  • Attic
  • Storm Doors

About This Home

As of January 2018

Home has master on main w/large, remodeled bath. Multiple shower heads. Walk in closet. Another bedroom on main or home office. Upper floor boasts 2 large bedrooms & another full bath. There is another room that can be used for flex space. Open up the entry into the huge walk around attic storage that could be turned into another large room. The kitchen has been updated & boasts a ship lap ceiling. Large lot w/2 massive outbuildings. An above ground pool & hot tub remain. Amazing value! No HOA

Last Agent to Sell the Property

Janet Teel

NorthGroup Real Estate LLC License #108885 Listed on: 12/03/2017

NorthGroup Real Estate LLC

Last Buyer's Agent

Jackie Stutts

RE/MAX Executive License #248819

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • Level Lot

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace
  • Vinyl Flooring
  • Storm Doors
  • Attic

Pool

  • Spa
  • Above Ground Pool

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 07057545
  • Tax Block D/2

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cape Cod
  • Ratio Close Price By List Price: 1.03073
  • Ratio Close Price By Original Li: 1.03073
  • Ratio Current Price By Acre: 683333.33
  • Ratio Current Price By Sq Ft: 102.55
  • Year Built: 1979
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Concrete
  • Upper Level Sq Ft: 715
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Doors and Windows: Storm Door(s), Storm Window(s)
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Electric Oven
  • Fireplace Description: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic Walk-in
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Sq Ft Additional: 402
  • Main Level Sq Ft: 1284
  • Total Sq Ft: 1999
  • Sq Ft Unheated Main: 63
  • Sq Ft Unheated Total: 518
  • Sq Ft Unheated Upper: 455

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Pool-Above Ground, Workshop, Fenced Yard, Hot Tub, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Hemby Bridge
  • Middle School: Porter Ridge
  • High School: Porter Ridge

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.300
  • Parcel Number: 07057545
  • Plat Reference Section Pages: 355
  • Zoning: SFR
  • Zoning Specification: SF1

Tax Info

  • Tax Value: 127700.00
  • Tax Block: D/2
  • Tax Location: Indian Trail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2019
Sold by
Arcos Moises Abraham Villela
Bought by
Canela Jose Heriberto Villela and Garcia Maria Antonia Arcos
Current Estimated Value
$368,661

Purchase Details

Listed on
Dec 3, 2017
Closed on
Jan 12, 2018
Sold by
Meyer Richard T and Meyer Stephanie A
Bought by
Arcos Moises Abraham Villela
Seller's Agent
Janet Teel
NorthGroup Real Estate LLC
Buyer's Agent
Jackie Stutts
RE/MAX Executive
List Price
$198,888
Sold Price
$205,000
Premium/Discount to List
$6,112
3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$187,728
Outstanding Balance
$161,648
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$210,648

Purchase Details

Closed on
Jun 3, 1997
Sold by
Conn Constance J and Husband Rob
Bought by
Smith Smith F and Smith Sandy L

Purchase Details

Closed on
Apr 3, 1996
Sold by
Conn Constance J and Husband Rob
Bought by
Conn Constance J and Husband Rob
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
Canela Jose Heriberto Villela -- None Available
Arcos Moises Abraham Villela $205,000 None Available
Smith Smith F $102,000 --
Conn Constance J $98,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcos Moises Abraham Villela $187,728
Previous Owner Meyer Richard T $116,758
Previous Owner Meyer Richard T $109,400
Previous Owner Meyer Richard T $116,200
Previous Owner Meyer Richard T $114,339
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2018 01/16/18 Sold $205,000 +3.1% $103 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
12/03/2017 12/03/17 For Sale $198,888 -- $99 / 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
2024 $1,908 $223,700 $36,800 $186,900
2023 $1,891 $223,700 $36,800 $186,900
2022 $1,891 $223,700 $36,800 $186,900
2021 $1,891 $223,700 $36,800 $186,900
2020 $996 $127,700 $20,500 $107,200
2019 $1,296 $127,700 $20,500 $107,200
2018 $996 $127,700 $20,500 $107,200
2017 $1,361 $127,700 $20,500 $107,200
2016 $1,041 $127,700 $20,500 $107,200
2015 $1,057 $127,700 $20,500 $107,200
2014 $898 $125,720 $27,500 $98,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3333902

Canopy MLS (Canopy Realtor® Association)

APN: 07-057-545