NOT LISTED FOR SALE

818 Margrace Rd Kings Mountain, NC 28086

Estimated Value: $128,000 - $174,000

2 Beds
1 Bath
893 Sq Ft
$169/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $140,000 $157 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $852/month

2 Days on Market

Highlights

  • Covered Patio or Porch
  • Fireplace
  • Laundry in Utility Room
  • Kings Mountain Intermediate School Rated A-
  • No Interior Steps
  • Shed

About This Home

As of October 2023

Two Bedroom one bath home on approximately .71 acres built in 1958. It has a utility area for your washer and dryer and also room to use as storage or a pantry. A large eat in kitchen, with lots of cabinets and newer appliances. The living room is cozy and has a gas fireplace. This home also has newer flooring throughout. The front porch and side porch are covered and would be the perfect place to sit and relax. It is close to downtown Kings Mountain. If you love the outdoors it is located near the Kings Mountain Gateway Trail and the Kings Mountain National Park. Also just a hop skip and a jump to Crowders Mountain State Park. This home is also conveniently located only 1.7 miles from the new Two Kings Casino. Lots of potential for anyone who is looking for a starter home, looking to downsize, or as an investment! Priced to sell. Price reduction due to square footage change.

Last Agent to Sell the Property

Jennifer Lovelace

Dawn Jenkins Realty License #343044 Listed on: 05/12/2023

Last Buyer's Agent

Andrea Jones

Coldwell Banker Realty License #281686

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $705

Year Built

  • Built in 1958

Lot Details

  • Level Lot
  • Property is zoned R-20

Parking

  • Shared Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Kings Mountain Middle School
  • Kings Mountain High School

Utilities

  • Central Air
  • Heat Pump System
  • Propane Water Heater
  • Septic Tank

Community Details

  • Phifer Crest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11761

Home Details

Home Type

Single Family

Est. Annual Taxes

$705

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1958
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 156.77
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Linoleum, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 893
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 140
  • Sq Ft Unheated Total: 140
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Propane Water Heater, Refrigerator, Self Cleaning Oven, Wall Oven, Washer/Dryer
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 893
  • Accessibility Features: No Interior Steps
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 893
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Shared Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Utility Room
  • Cooling: Central Air
  • Utilities: Electricity Connected, Propane
  • Water Source: County Water

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Kings Mountain
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 11761
  • Zoning: R-20
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-20

MLS Schools

  • Elementary School: Unspecified
  • High School: Kings Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Sep 29, 2023
Sold by
Mckinney Barbara Woodward
Bought by
Arumugam Ramesh
Seller's Agent
Jennifer Lovelace
Dawn Jenkins Realty
Buyer's Agent
Andrea Jones
Coldwell Banker Realty
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Views
329
Current Estimated Value
$150,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,636
Avg. Annual Appreciation
3.51%
Original Mortgage
$112,000
Outstanding Balance
$109,785
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$40,851

Purchase Details

Closed on
Feb 28, 2022
Sold by
Richard Woodward William
Bought by
Woodward William Richard

Purchase Details

Closed on
Sep 10, 2019
Sold by
Mckinney Barbara Woodward and Woodward Barbara S
Bought by
Woodward Woodward Jr Homer David Jr Homer David and Woodward Huskins Nona
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
Arumugam Ramesh $140,000 None Listed On Document
Woodward William Richard -- None Listed On Document
Woodward Woodward Jr Homer David Jr Homer David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arumugam Ramesh $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2023 10/03/23 Sold $140,000 -6.7% $157 / Sq Ft
08/15/2023 08/15/23 Price Changed $150,000 -3.2% $168 / Sq Ft
06/28/2023 06/28/23 For Sale $155,000 0.0% $174 / Sq Ft
06/28/2023 06/28/23 Price Changed $155,000 -1.9% $174 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $158,000 +12.9% $177 / Sq Ft
05/11/2023 05/11/23 Off Market $140,000 -- --
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 $705 $111,038 $17,402 $93,636
2024 $330 $38,423 $12,305 $26,118
2023 $329 $38,423 $12,305 $26,118
2022 $329 $38,423 $12,305 $26,118
2021 $330 $38,423 $12,305 $26,118
2020 $362 $34,844 $12,305 $22,539
2019 $362 $34,844 $12,305 $22,539
2018 $356 $34,844 $12,305 $22,539
2017 $354 $34,844 $12,305 $22,539
2016 $337 $34,844 $12,305 $22,539
2015 $369 $38,883 $11,187 $27,696
2014 $369 $38,883 $11,187 $27,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4013015

Canopy MLS (Canopy Realtor® Association)

APN: 11761