NOT LISTED FOR SALE

505 Meadowland Ct Unit 7 Hope Mills, NC 28348

South View Neighborhood

Estimated Value: $95,000

2 Beds
2 Baths
1,227 Sq Ft
$181/mo HOA Fee

Last Sold February 06, 2023

Last sale price $140,000 $114 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $806/month

35 Days on Market

Highlights

  • Gated Community
  • 1 Fireplace
  • Balcony
  • Wood Flooring
  • Granite Countertops
  • Brick Veneer

About This Home

As of February 2023

This stunning 2 bedroom condo has been fully repaired. It features 2 full baths, walk in closets, formal dining room, breakfast bar and a living room complete with a fireplace. This home has New granite countertops in the kitchen and New appliances, all cabinets in kitchen and baths have been refinished, New Carpet and New LVP throughout, New Lighting and Plumbing, New Water heater and the complete interior has been freshly painted.

Last Listed By

DANNY DAVIS JR

BHHS ALL AMERICAN HOMES #1 License #189507 Listed on: 11/29/2022

BHHS ALL AMERICAN HOMES #1

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $672

Year Built

  • Built in 1998

Lot Details

  • 1,394

HOA Fees

  • $181 Monthly HOA Fees

Home Design

  • Brick Veneer
  • Slab Foundation

Interior Spaces

  • 1,227 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 0424-36-3155-307

Community Details

Overview

  • Elk Ridge At South View Association

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$672

Year Built

Built in 1998

Lot Details

0

HOA Fees

$181 per month

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Cooling:Electric: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • General Property Information Carport YN: No
  • Laundry Features Inside: Yes
  • General Property Information Building Project Name3: Multiple Offers Deadline 11:59 p.m. Tuesday 12/27. Schedule all showings through Showing Time. This is a Fannie Mae property. ALL offers must go through Homepath.fanniemae.com. Please refer to to this website for the most up to date information on this property. Contract fell out due to buyer decision to not move forward, no inspections were completed.
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood, Luxury Vinyl, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Kitchen/Dining Room Combination, Walk-In Closet(s)
  • Appliances: Dishwasher, Microwave, Range, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Prefabricated
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances Range: Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:WasherDryer: Yes

Exterior Features

  • Exterior Features: Balcony
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Foundation Details: Slab
  • Construction Materials:Brick Veneer: Yes
  • Exterior Features:Balcony: Yes

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 181.0
  • Association Fee Frequency: Monthly
  • Association Name: Elk Ridge at South View
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elk Ridge at South View
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 181.0
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 0424-36-3155-307

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2020
Sold by
Substitute Trustee Services Inc
Bought by
Federal National Mortgage Association
Total Days on Market
35
Current Estimated Value
$95,000

Range of Values:

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Average Value
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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
Federal National Mortgage Association $70,237 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ammons Peggy J $68,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $140,000 +3.7% $114 / Sq Ft
01/03/2023 01/03/23 Pending -- -- --
11/29/2022 11/29/22 For Sale $135,000 -- $110 / Sq Ft
Source: Doorify 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
2019 $672 $67,300 $5,500 $61,800
2018 -- $67,300 $5,500 $61,800
2017 -- $67,300 $5,500 $61,800
2016 -- $93,400 $6,000 $87,400
2015 -- $93,400 $6,000 $87,400
2014 -- $93,400 $6,000 $87,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: LP695425

Doorify MLS

APN: 0424-36-3155-307