NOT LISTED FOR SALE

0 Umberger Rd Cleveland, NC 27013

Estimated Value: $724,000 - $744,000

29 Acres
$25,753 Price per Acre
1,243,202 Sq Ft Lot

Last Sold September 16, 2022

Last sale price $480,000

Est. 50% increase in value since last sale

Current estimated payment $4,181/month

82 Days on Market

About This Lot

As of September 2022

Absolutely beautiful property!! Looking to build your personal dream home with equestrian farm in a peaceful area? Developers....this would be a perfect subdivision with equestrian amenities!! So many possibilities that will cater to just about any dream! Amazing road frontage! One parcel but separated by the country road so can easily be divided. Section 1 (12.058 aces) of the parcel is completely cleared and land is level, which makes it ideal for building as it's ready to go. This side has approx 774 ft of road frontage. Section 2 (16.477 acres) is half cleared with approx 7 acres wooded and approx 620 ft of road frontage. Crops are currently on the land so the farmers will have rights to maintain and harvest what is presently there. Please do not walk the property without an agent out of respect for the neighbors and crops. Listing agent must be notified through showing time before walking the property. Orange stakes are marking the approximate front corners of both sections.

Last Agent to Sell the Property

Kim Sadler

Lantern Realty & Development, LLC License #290260 Listed on: 06/26/2022

Lantern Realty & Development, LLC

Last Buyer's Agent

Dustin McClure

Mossy Oak Properties Land and Luxury License #254382

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,219

Lot Details

  • Open Lot
  • Cleared Lot
  • Wooded Lot
  • Possible uses of the property include Farm, Horses, Multi-Family, Pasture/Grazing, Private Estate, Residential, Subdevelopment
  • Zoning described as RA-3

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 554029

Property Details

Property Type

Land

Est. Annual Taxes

$3,219

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 16818.50
  • Restrictions: Manufactured Home Not Allowed,Modular Not Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: County Road, Paved Road
  • Structure Type: Acreage
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Farm, Horses, Multi-Family, Pasture/Grazing, Private Estate, Residential, Subdevelopment

Exterior Features

  • Tax Location: No City Taxes Paid
  • Wooded Acres: 7.00

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Open Lot, Wooded
  • Lot Size Area: 28.54
  • Lot Size Units: Acres
  • Parcel Number: 554029
  • Out Buildings Yn: 0
  • Plat Book Slide: 9995/6252
  • Cleared Acres: 21.54
  • Zoning Description: RA-3
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 37.84091

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2025
Sold by
Ridgewater Construction Llc
Bought by
Whalen Roxane and Whalen William
Current Estimated Value
$718,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,000
Outstanding Balance
$627,907
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$109,015

Purchase Details

Closed on
May 18, 2023
Sold by
Ridgewater Construction Llc
Bought by
French Kyle and French Jordan

Purchase Details

Listed on
Jun 26, 2022
Closed on
Nov 1, 2022
Sold by
Poteet Anthony and Poteet Pam
Bought by
Ridgewater Construction Llc
Seller's Agent
Kim Sadler
Lantern Realty & Development, LLC
Buyer's Agent
Dustin McClure
Mossy Oak Properties Land and Luxury
List Price
$499,500
Sold Price
$480,000
Premium/Discount to List
-$19,500
-3.9%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.81%

Purchase Details

Listed on
Jun 26, 2022
Closed on
Sep 16, 2022
Sold by
Stutts Odessa B
Bought by
Poteet Anthony Ray
Seller's Agent
Kim Sadler
Lantern Realty & Development, LLC
Buyer's Agent
Dustin McClure
Mossy Oak Properties Land and Luxury
List Price
$499,500
Sold Price
$480,000
Premium/Discount to List
-$19,500
-3.9%
Views
6
Source: Public Records

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
Whalen Roxane $740,000 None Listed On Document
French Kyle $774,500 None Listed On Document
Ridgewater Construction Llc -- --
Poteet Anthony Ray $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whalen Roxane $629,000
Previous Owner Ridgewater Construction Llc $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $480,000 -3.9% --
06/26/2022 06/26/22 For Sale $499,500 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $3,219 $480,389 $76,808 $403,581
2024 $369 $55,033 $55,033 $0
2023 $369 $55,033 $55,033 $0
2022 $99 $13,200 $13,200 $0
2021 $96 $13,200 $13,200 $0
2020 $96 $13,200 $13,200 $0
2019 $96 $13,200 $13,200 $0
2018 $95 $230,971 $230,971 $0
2017 $95 $230,971 $230,971 $0
2016 $95 $230,971 $230,971 $0
2015 $97 $230,971 $230,971 $0
2014 $94 $230,971 $230,971 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3876989

Canopy MLS (Canopy Realtor® Association)

APN: 554-029