$320,000
SOLD DEC 11, 2024

0 Elijah Loftin Rd Unit 10053120 Kinston, NC 28504

71.66 Acres
$4,466 Price per Acre
3,121,510 Sq Ft Lot

Recently Sold

3% Below List Price

41 Days on Market

Highlights

  • 71.66 Acre Lot
  • Heavily Wooded Lot
  • No HOA

About This Lot

As of December 2024

71.66 Acres of Multi-Use Timberland For Sale in Lenoir County, NC! Take a look at this beautiful tract of land located in Lenoir County, just outside of Kinston. This property features approximately 1,130 feet of road frontage on Elijah Loftin Road. There is one section that is roughly 80 feet and the other section of frontage is roughly 1,050 feet. The soils are well drained and none of the property is encompassed in the FEMA 100 or 500 year floodplain. Also, there aren't any wetland areas present. The land is level and the elevation is at approximately 80 feet above sea level.The timber consists of thinned, managed pines and is an ideal place to park money into a sound investment property. There is enough acreage present where various timber management practices could be implemented to stagger the income from timber harvests over a longer time period. With some clearing, there is the possibility of a secluded homesite or two. It would also be a fantastic hunting and recreational property as well. Whitetail deer, as well as wild turkey are very common in Lenoir County and there is more than enough acreage to establish roads and a trail system. There is also the potential for commercial zoning and development. As Kinston continues to grow, properties in close proximity to there, especially along the Highway 58 corridor, will become popular places to develop. From this property, you are only 10 minutes from Kinston, 30 minutes from New Bern, 15 minutes from Trenton, and less than one hour from Emerald Isle. Southwood Elementary School is less than a half mile from the property. While this property features frontage on Highway 58, you are in close proximity to Highway 70 and Highway 258, making accessing the property an ease from anywhere. This is the perfect property to add to your investment portfolio. In addition to the continuation of timber management, there is potential for commercial zoning and development, as well as conservation easement enrollment, and residential development.

Last Agent to Sell the Property

Andrew Walters

Mossy Oak Properties Land and License #282248 Listed on: 09/17/2024

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,725

Lot Details

  • 71.66 Acre Lot
  • Heavily Wooded Lot
  • Many Trees

Schools

  • Lenoir County Public Schools Elementary And Middle School
  • Lenoir County Public Schools High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22156

Property Details

Property Type

Land

Est. Annual Taxes

$2,725

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: See Remarks
  • Road Surface Type: Paved, See Remarks
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: none
  • Vegetation Wooded2: Yes
  • Contract Information Lease Term: 12 Months
  • Vegetation Heavily Wooded: Yes
  • General Property Information Lot Size Square Feet2: 3121509.6
  • General Property Information Lot Size Acres: 71.66
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Development, Hunting, Investment, Mixed Use, Recreational, Residential, Timber, See Remarks

Exterior Features

  • Acres: 71.66
  • Lot Features:Wooded: Yes
  • Lot Features:Many Trees: Yes

Utilities

  • Utilities: See Remarks
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Lenoir County Public Schools
  • Middle Or Junior School: Lenoir County Public Schools

Lot Info

  • Current Use: Timber, See Remarks
  • Lot Dimensions: none
  • Lot Size Sq Ft: 3121509.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 22156
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Annual Amount: 2725.2
  • Tax Year: 2023
  • Tax Map Number: 4533-21-0529

MLS Schools

  • Elementary School: Lenoir County Public Schools

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $320,000 -2.7% --
10/28/2024 10/28/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $329,000 -- --
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10053120

Doorify MLS