$38,500
SOLD AUG 3, 2018

503 W Prospect Ave Raeford, NC 28376

3 Beds
2 Baths
1,152 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

20 Days on Market

Highlights

  • Ranch Style House
  • Baseboard Heating
  • 4-minute walk to Burlington Park
  • No HOA

About This Home

As of July 2021

DREAM STARTER! PERFECT INVESTMENT, AFFORDABLE AND GREAT LOCATION IN TOWN LIMITS AT AFFORDABLE PRICE. FEATURES THREE BEDROOMS, TWO BATHS, REAR DECK. GREAT OPPORTUNITY FOR FIRST TIME HOME BUYER OR INVESTOR WITH EYE FOR THE FUTURE. NEEDS SOME TOUCHING UP, BUT PRICED RIGHT, DON'T MISS OUT! SOLD AS IS WHERE IS.

Last Agent to Sell the Property

BRANDON PURDEU

BELL MANLEY REAL ESTATE License #294778 Listed on: 07/07/2018

Last Buyer's Agent

MARY GRIFFIN

REALTY ONE GROUP LIBERTY License #294827

REALTY ONE GROUP LIBERTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $768

Year Built

  • Built in 1992

Home Design

  • Ranch Style House
  • Composite Building Materials

Interior Spaces

  • 1,152 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • J.W. Mclauchlin Elementary School
  • West Hoke Middle School
  • Hoke County High School

Additional Features

  • Property is in below average condition
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Raeford Subdivision

Listing and Financial Details

  • Exclusions: -None
  • Assessor Parcel Number 694340501212

Home Details

Home Type

Single Family

Est. Annual Taxes

$768

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Inclusions: -None
  • Ownership: Less than a year
  • Subdivision Name: RAEFORD
  • Directions: -
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1992
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1152.0

Exterior Features

  • Lot Features: <1 Acre
  • Exclusions: -None
  • Home Warranty: No
  • Construction Type: Composite Siding
  • Property Condition: Poor Condition

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: J.W. Mclauchlin School
  • High School: Hoke County High School
  • Middle Or Junior School: West Hoke Middle School

Lot Info

  • Parcel #: 694340501212
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jun 15, 2021
Sold by
Brock Kayla
Bought by
Sanchez Oshei Melendez and Velez Karla M
Seller's Agent
MARY GRIFFIN
REALTY ONE GROUP LIBERTY
List Price
$110,000
Sold Price
$113,000
Premium/Discount to List
$3,000
2.73%
Current Estimated Value
$154,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,738
Avg. Annual Appreciation
8.17%
Original Mortgage
$110,953
Outstanding Balance
$101,627
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$53,941

Purchase Details

Listed on
Jul 7, 2018
Closed on
Jun 28, 2018
Sold by
Mcquage James D and Mcquage Anne
Bought by
Purdue Home Rehab Llc
Seller's Agent
BRANDON PURDEU
BELL MANLEY REAL ESTATE
Buyer's Agent
MARY GRIFFIN
REALTY ONE GROUP LIBERTY
List Price
$38,500
Sold Price
$38,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.52%

Purchase Details

Closed on
May 21, 2016
Sold by
The Bank Of New York Mellon
Bought by
Mcquage James Dewey and Mcquage Annie P

Purchase Details

Closed on
Mar 8, 2016
Sold by
Davies David M and Davies Margaret R
Bought by
The Bank Of New York Mellon and The Bank Of New Yrok
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 Type Sale Price Title Company
Warranty Deed $112,000 None Available
Warranty Deed $84,000 None Available
Warranty Deed $38,000 None Available
Warranty Deed $82,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,953 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $113,000 +2.7% $98 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $110,000 +185.7% $95 / Sq Ft
08/03/2018 08/03/18 Sold $38,500 0.0% $33 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
07/07/2018 07/07/18 For Sale $38,500 -- $33 / Sq Ft
Source: Longleaf Pine REALTORS®

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 $768 $105,200 $18,270 $86,930
2023 $768 $105,200 $18,270 $86,930
2022 $768 $105,200 $18,270 $86,930
2021 $607 $82,550 $13,550 $69,000
2020 $619 $82,550 $13,550 $69,000
2019 $619 $82,550 $13,550 $69,000
2018 $619 $82,550 $13,550 $69,000
2017 $619 $82,550 $13,550 $69,000
2016 $607 $82,550 $13,550 $69,000
2015 $607 $82,550 $13,550 $69,000
2014 $603 $82,550 $13,550 $69,000
2013 -- $74,270 $10,400 $63,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 545328

Longleaf Pine REALTORS®

APN: 694340501212