NOT LISTED FOR SALE

870 Layell Rd Elkin, NC 28621

Estimated Value: $88,000 - $134,000

2 Beds
1 Bath
800 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $49,000 $61 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $722/month

12 Days on Market

Highlights

  • No HOA
  • C B. Eller Elementary School Rated A-
  • 1 Car Detached Garage

About This Home

As of July 2020

Fixer upper-First time home buyers stop renting and enjoy your own little cottage in quiet country setting. New well drilled 2015. Nice size storage shed. 20x30 New Metal building on concrete pad. Like new appliances. Convenient to Elkin, located just minutes from Stone Mountain State Park.

Last Agent to Sell the Property

Christopher Hockenbury

Basin Creek Realty License #303819 Listed on: 06/04/2020

Last Buyer's Agent

Christopher Hockenbury

Basin Creek Realty License #303819 Listed on: 06/04/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $254

Year Built

  • Built in 1977

Lot Details

  • 1.06 Acre Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Aluminum Siding
  • Masonite

Interior Spaces

  • 738 Sq Ft Home
  • 600-800 Sq Ft Home
  • Property has 1 Level
  • Built-In Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Private Water Source
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0603462
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$254

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.06
  • Subdivision Name: None
  • Directions: Head North on Austin Traphill Road to Mining Ridge Church Road, travel 0.1 mile to right on Layell, property will be on right in 1/2 mile. Look for signs.
  • Above Grade Finished Sq Ft: 738
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1977
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 600 - 800
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Electric Water Heater
  • Has Basement: Cellar
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 738
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Aluminum Siding, Masonite
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Gravel, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Cooling: Window Unit(s)
  • Heating: None, No Fuel
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: No Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0603462
  • Zoning: none
  • TRIADMLS_PricePerAcre: 46226.4151
  • TRIADMLS_DeedPage: 228
  • TRIADMLS_DeedBook: 1296
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 254
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2022
Sold by
Mcgorty Daniel M and Mcgorty Patti A
Bought by
Mcgorty Matthew D
Current Estimated Value
$118,881

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 2, 2020
Sold by
Coston and Rene
Bought by
Mcgorty Matthew D and Mcgorty Daniel M
Seller's Agent
Christopher Hockenbury
Basin Creek Realty
Buyer's Agent
Christopher Hockenbury
Basin Creek Realty
List Price
$49,000
Sold Price
$49,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%

Purchase Details

Listed on
Oct 14, 2019
Closed on
Dec 5, 2019
Sold by
Olmsted Cheryl M
Bought by
Coston Gary and Coston Rene
Seller's Agent
Christopher Hockenbury
Basin Creek Realty
Buyer's Agent
Rhonda Clune
eXp Realty
List Price
$29,000
Sold Price
$23,000
Premium/Discount to List
-$6,000
-20.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
268.40%

Purchase Details

Closed on
Apr 12, 2013
Bought by
Peterson Lynn R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcgorty Matthew D $50,000 None Listed On Document
Mcgorty Matthew D $49,000 James N Freeman Jr Pc
Coston Gary $23,000 Freeman James N
Peterson Lynn R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $49,000 0.0% $82 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $49,000 +113.0% $82 / Sq Ft
12/16/2019 12/16/19 Sold $23,000 -20.7% $38 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $29,000 -- $48 / 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
2024 $887 $56,870 $12,220 $44,650
2023 $437 $56,870 $12,220 $44,650
2022 $437 $56,870 $12,220 $44,650
2021 $437 $56,870 $12,220 $44,650
2020 $254 $32,540 $12,220 $20,320
2019 $25,381 $32,540 $12,220 $20,320
2018 $264 $33,420 $0 $0
2017 $264 $33,420 $0 $0
2016 $264 $33,420 $0 $0
2015 $254 $33,420 $0 $0
2014 $254 $33,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 979660

Triad MLS

APN: 0603462