261 Matthews Rd Pilot Mountain, NC 27041

Get Owner Info
3 beds · 2 baths · 2,717 sq ft · Lot Size: 44,431 sq ft · Single Family Home
Est. Property Value: $341,823

Valued above Market MedianOwned for Less Than 5 Years

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

261 Matthews Rd is in the 27041 neighborhood of Pilot Mountain, NC. It is located in Surry County and ZIP code 27041. This Single Family Home was built in 2006 and is approximately 19 years old. The single family home spans 2717 sq ft with 3 bedrooms and 2 bathrooms and sits on a 44431 sq ft lot. According to public records, it was last sold in 2022 for $330,000 and has a tax-assessed value of $282,980, which is $126 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 261 Matthews Rd Pilot Mountain, NC 27041 with Property Intel by Whitepages.

261 Matthews Rd

Pilot Mountain, NC 27041

Owner Info

Owners & Occupancy for 261 Matthews Rd

This property is owned by Wayne G Simmons. Owner contact information includes .

Property Owners

Residence******************
Landline
Distance from Property**********
View All Owner Info

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************
Resident 2*******************

Property Financials for 261 Matthews Rd

261 Matthews Rd, Pilot Mountain, NC has a mortgage from Truist Bk (orig. March 18, 2022). The Surry county assessment for 2024 values it at $282,980, with annual taxes of $1,686.

Mortgage & Equity Information

Loan Amount$******
LenderTruist Bk
Origination DateMarch 18, 2022
Interest Rate****%
Term15 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateMarch 18, 2022
Property Tax Amount$1,686 in 2024
Purchase Price$330,000
Assessed Value$282,980 on 2024

Investment Potential for 261 Matthews Rd

The property has a current estimated value of $341,823, which is 44% above the zip median, based on public records. It last sold on March 18, 2022 for $330K. Projected long-term
is $32,400 annually ($2,700 per month) with a 88% occupancy rate.

Discover more Single Family Homes in 27041.
See Recommended Properties

Long-Term

Gross Rental
$32,400 per year($2,700 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
View Cap Rate
Occupancy Rate
88%in 27041 zip code
 
View Rental Potential

Property Details for 261 Matthews Rd

Property Details

Property Sq Ft

Living Area

2,717 sq ft

68% above market

Lot Size

44,431 sq ft

32% below market

Price Per Sq Ft

Living Area

$126 / sq ft

6% below market

Lot Size Area

$8 / sq ft

181% above market

Property condition, age, exterior, etc. for 261 Matthe…
Longitude: -80.491303 Latitude: 36.419108 Parcel Number (APN): 5967-03-14-1797…

Recommended Properties in 27041

Discover more single family homes near 261 Matthews Rd in Pilot Mountain, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 261 Matthews Rd in Surry County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$341,823
$257,944
$83,878 (33%)
—
—
—
YoY Price Change
—
—
—
Year Built
2006
1990
16 years
Living Space
2,717 sq ft
1,590 sq ft
1127 (71%)
$ Per Living Sq Ft
$126
$158
-$32 (-20%)
Lot Size
44,431 sq ft
20,473 sq ft
23958 (117%)
$ Per Lot Sq Ft
$8
$12
-$4 (-36%)

Net Operating Income
$*****
$18,197
$5,689 (31%)
Annual Revenue
$32,400
$25,200
$7,200 (29%)
$****
$6,673
$1,841 (28%)
Net Operating Income
$*****
$18,197
$5,689 (31%)
Cap Rate
****%
6.84%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Find More Housing Markets Near Pilot Mountain