NOT LISTED FOR SALE

n/a Ridge Rd Lake Park, NC 28079

Estimated Value: $415,630 - $538,000

29.4 Acres
$16,218 Price per Acre
1,280,664 Sq Ft Lot

Last Sold September 15, 2020

Last sale price $400,000

Est. 19% increase in value since last sale

Current estimated payment $2,601/month

182 Days on Market

About This Lot

As of September 2020

29.4 acres and 5 usable chicken houses, outbuilding, equipment, great opportunity to have you own business or start to build your dream house. The property sits in the middle of expanding growth area of Union County. Just minutes from Highway 485, shopping and Porter Ridge middle and high schools.

Last Agent to Sell the Property

Alicia Zhao

Keller Williams Select License #305206 Listed on: 12/05/2019

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Lot Details

  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 08-264-007-A

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.88889
  • Ratio Close Price By Original Li: 0.88889
  • Ratio Current Price By Acre: 13605.44
  • Restrictions: No Representation
  • Special Features: None

Utilities

  • Water: City Water

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 08-264-007-A
  • Zoning Specification: RA-40
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 224400.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Sep 15, 2020
Sold by
Phung Frank N and Phung Sylvia H
Bought by
Union Electric Membership Corporation
Seller's Agent
Alicia Zhao
Keller Williams Select
Buyer's Agent
Non Member
Canopy Administration
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Current Estimated Value
$476,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,815
Avg. Annual Appreciation
3.49%

Purchase Details

Closed on
Sep 1, 2010
Sold by
Vu Toan and Vu Kim Chi
Bought by
Hoang Chan Man and Zheng Wei Si

Purchase Details

Closed on
Nov 23, 2009
Sold by
Lam Lynn Wong and Lam George H
Bought by
Phung Frank N and Phung Sylvia H

Purchase Details

Closed on
Oct 5, 2009
Sold by
Vu Toan and Vu Kim Chi
Bought by
Hoang Chan Man and Zheng Wei Si

Purchase Details

Closed on
Oct 12, 2006
Sold by
Furr David L and Furr Sara S
Bought by
Wong Lam George H and Wong Lam Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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ICE

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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
Union Electric Membership Corporation $400,000 None Available
Hoang Chan Man -- None Available
Phung Frank N -- None Available
Hoang Chan Man -- None Available
Wong Lam George H $520,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wong Lam George H $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $400,000 -11.1% --
06/04/2020 06/04/20 Pending -- -- --
12/05/2019 12/05/19 For Sale $450,000 -- --
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
2024 $1,197 $182,600 $182,600 $0
2023 $1,186 $182,600 $182,600 $0
2022 $1,186 $182,600 $182,600 $0
2021 $1,723 $265,300 $182,600 $82,700
2020 $1,670 $224,390 $158,490 $65,900
2019 $1,670 $224,390 $158,490 $65,900
2018 $2,620 $354,290 $158,490 $195,800
2017 $2,797 $354,300 $158,500 $195,800
2016 $2,746 $354,290 $158,490 $195,800
2015 $2,781 $354,290 $158,490 $195,800
2014 -- $311,450 $196,260 $115,190
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Alicia Zhao

    Keller Williams Select

  • N

    Buyer's Agent in 2020

    Non Member

    NC_CanopyMLS

See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3573546

Canopy MLS (Canopy Realtor® Association)

APN: 08-264-007-A

North Carolina Union County Lake Park 28079

n/a Ridge Rd, Lake Park, NC

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