NOT LISTED FOR SALE

Estimated Value: $273,000 - $317,200

4 Beds
3 Baths
1,839 Sq Ft
$157/Sq Ft Est. Value

Last Sold January 17, 2012

Last sale price $62,000 $34 Per Sq Ft

Est. 366% increase in value since last sale

Current estimated payment $1,668/month

96 Days on Market

Highlights

  • 0.97 Acre Lot
  • No HOA
  • Central Air
  • 1 Fireplace
  • 2 Car Attached Garage
  • Wood Siding

About This Home

As of January 2012

Partial brick split level home with 4 bedrooms, 3 baths, kitchen and living room. Home features fireplace, some wood floors, kitchen with island and quiet neighborhood. Home sits on a 0.97 acre lot with porch, deck, fenced backyard, 2 car attached garage and good amount of wooded area on the right.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $927

Year Built

  • Built in 1974

Lot Details

  • 0.97 Acre Lot
  • Property is zoned Rr

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,839 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$927

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.97
  • Directions: From I85, Exit 111, S on Main, R Tom Hill, L Archdale. L Valley Ridge
  • Above Grade Finished Sq Ft: 1839
  • Unit Levels: Three Or More
  • Year Built: 1974
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 690
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1839
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 690
  • Fireplaces: 1
  • Living Area: 1839
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Construction Type: Brick, Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Rr
  • TRIADMLS_DeedPage: 1165
  • TRIADMLS_DeedBook: 2238

Tax Info

  • Tax Annual Amount: 927
  • Tax Year: 2010
  • TRIADMLS_TaxRate: 0.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2011
Closed on
Jan 13, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Iqbal Fakhir
List Price
$92,000
Sold Price
$62,000
Premium/Discount to List
-$30,000
-32.61%
Current Estimated Value
$289,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,050
Avg. Annual Appreciation
11.84%
Original Mortgage
$49,600
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 10, 2011
Sold by
Lockhart Richard A and Lockhart Anita Marie
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 6, 1994
Bought by
Iqbal Fakhir

Purchase Details

Closed on
Jul 27, 1989
Bought by
Iqbal Fakhir
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
Iqbal Fakhir -- None Available
The Secretary Of Housing & Urban Develop $70,379 None Available
Iqbal Fakhir $77,500 --
Iqbal Fakhir $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Iqbal Fakhir $49,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2012 01/17/12 Sold $62,000 -32.6% $34 / Sq Ft
10/27/2011 10/27/11 Pending -- -- --
07/22/2011 07/22/11 For Sale $92,000 -- $50 / 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 $1,679 $233,080 $61,950 $171,130
2023 $1,679 $233,080 $61,950 $171,130
2022 $1,361 $155,570 $27,450 $128,120
2021 $1,126 $128,660 $27,450 $101,210
2020 $1,117 $128,660 $27,450 $101,210
2019 $1,117 $128,660 $27,450 $101,210
2018 $1,142 $127,200 $20,340 $106,860
2016 $1,112 $127,196 $20,340 $106,856
2015 $1,115 $127,196 $20,340 $106,856
2014 -- $127,196 $20,340 $106,856
Source: Public Records

Source: Triad MLS

MLS Number: 618625

Triad MLS

APN: 7726-12-9579