See Home Value
$510,855*
House - Off Market

1301 N Main Street

China Grove, NC 28023
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2234 Sqft
$315,000 - $383,000
Reference Base Price*
46.38%
Since Dec 1, 2019
National-US
Primary Model
Sold Mar 18, 2020
$158,000
$154,842 by Primary Residential Mortgage I
Mortgage Due Apr 01, 2050
Sold Dec 31, 2014
$190,000
$190,000 by Farmers & Merchants Bank
Mortgage

About This Property

Calling all INVESTORS! Unique opportunity to buy income producing property of just under 5 acres total with 4 homes surrounding 3.5 vacant acres around the intersection of N. Main St. (near China Grove Elementary) and Shue Rd (behind Porky's BBQ), just a few hundred yards from the intersection of Hwys 152 and 29, and less than a mile from I-85.  1301 N. Main Street = 2,234 sf, 2 bedrooms, 2 baths plus office, sunroom, dining room, and spacious living room. Detached 2 car garage with storage above. Home has had many updates in the last several years and is on month-to-month at $1,000/mo (under market). 3 add'l homes at 225 Shue (1084 sf, 920 sf, 775 sf).  Two are rented month-to-month at $500/month. One has newer HVAC. Property has access to Main St and Shue Road for potential subdivision access. 30 min north of Charlotte.

The manager has listed the unit size as 2234 square feet.
Unit Size
2,234Ft²
Days on Market
-
Land Size
4.60 acres
Price per sqft
$156
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1928

Price History

Date / Event Date Event Price
Mar 18, 2020 Sold to Barry A Sidden $158,000
Sold to Barry A Sidden
Nov 8, 2019 No longer available -
No longer available
Aug 9, 2019 Price Decreased $349,000
↓ $21K (5.7%)
Price Decreased
Aug 5, 2019 Relisted $370,000
Relisted
Aug 4, 2019 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 2005
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,946
  • Total Building Area: 2,234
  • Building Area: 2,234
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,234
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.94
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 9-10 BLK 1 OAK GROVE

Ownership

  • Current Owner : SIDDEN BARRY A
  • Previous Owner : SHUE RD CHINA GROVE NC PROPERTIES LLC
  • Owner Before Previous Owner: REID MICHAEL WELDON
  • Owner Before Previous Owner 2: REID KIM PURCELL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: TOWN OF CHINA G
  • Census Tract: 051700

Zoning

  • Zoning: R3:SINGLE

Geography

  • District: 13
  • Parcel: 117 010
  • Block: 1
  • Municipality: TOWN OF CHINA GROVE
  • Latitude: 35.5776
  • Longitude: -80.5673

    Address

  • Full Address: 1301 N Main St
  • Address - House Number: 1301
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NC
  • City Name: China Grove
  • Carrier Code: C002
  • 4-Digit Zip Code: 2229
  • Zip Code: 28023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,765
  • Tax Rate Code Area: 106:CHINA

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 361,915
  • High Value: 490,073
  • Low Value: 233,756

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $159,487
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Mar 18, 2020
  • First Open Lien Mortgage Loan Amount: $154,842
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050
  • Second Open Lien Mortgage Lender: NORTH CAROLINA HOUSING FINANCE
  • Second Open Lien Mortgage Recording Date: Mar 18, 2020
  • Second Open Lien Mortgage Loan Amount: $4,645
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $256,006
  • Market Land Value: $44,000
  • Market Improvement Value: $212,006

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,006
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $212,006

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: Mar 18, 2020
  • Current Sale Transaction ID: 11748366497
  • Current Sale Price: $158,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 31, 2014
  • Previous Sale Contract Date: Dec 31, 2014
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Mar 18, 2020
  • First Mortgage Loan Amount: $154,842
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS & MERCHANTS BANK
  • Previous Mortgage Transaction Date: Dec 31, 2014
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,536 ft²
$195/ft²
$299,900 Nov 18, 2022
-
-
House
3 Beds
2.5 Baths
1,568 ft²
$185/ft²
$289,900 Nov 18, 2022
-
-

About Oak Grove East


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Nearby Rentals



Frequently Asked Questions

When was property at 1301 North Main Street built and last sold?
The property at 1301 North Main Street was built in 1928 and last sold on Mar 18, 2020 for $158,000.
How much is this home worth?
The estimated value of the home located at 1301 North Main Street is $352,490.
What are some comparable homes to 1301 North Main Street?
There are currently no comparable homes to 1301 North Main Street.

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