NOT LISTED FOR SALE

1014 Patterson Rd Kinston, NC 28504

Estimated Value: $252,000 - $325,000

62 Acres
$4,635 Price per Acre
2,700,720 Sq Ft Lot

Last Sold January 09, 2020

Last sale price $189,000 $109 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,618/month

1,024 Days on Market

Highlights

  • 62 Acre Lot
  • Wooded Lot
  • Level Lot
  • Farm
  • No HOA

About This Lot

As of January 2020

Great potential with this +/- 62 acre farmland in Lenoir Co., NC located in the Kinston countryside. Excellent opportunity for residential development with lots of road frontage, county water available, and in a quiet community setting. There are +/- 32 acres of cleared cropland and +/- 30 acres wooded with definie timber value. Farmland, cropland, agriculture, development.

Last Agent to Sell the Property

Beverlie Brewer

Southland Properties Listed on: 02/28/2017

Last Buyer's Agent

Onyx Martin

Onyx Real Estate Company, LLC License #283887

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,323

Lot Details

  • 62 Acre Lot
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned Rural

Schools

  • South Lenior High School

Farming

  • Farm

Utilities

  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 451300338373

Property Details

Property Type

Land

Est. Annual Taxes

$1,323

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Farm
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: City of Kinston
  • Service Providers Water Provider: County
  • Utilities: Septic On Site

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Book: 1083
  • Deed Page: 952.00
  • Lot Description: Farm, Partially Cleared, Rural, Wooded
  • Lot Dimensions: irregular
  • Lot Sq Ft: 2700720.00
  • Lot Water Features: None
  • Zoning: Rural
  • Cleared Acres: 32.00
  • Acres: 62.00
  • Wooded Acres: 30.00
  • Current Use: Agriculture, Farm, Timber
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Flood Zone: No
  • List Price per Acre: 3224.19
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Cleared/Partial, Level, Wooded

Tax Info

  • Tax Identifier: 451300338373
  • Tax Year: 2017
  • Deferred Taxes: Yes

MLS Schools

  • Elementary School: Other
  • High School: South Lenior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2017
Closed on
Jan 2, 2020
Sold by
Renfro Vickie A and Renfro Billy B
Bought by
Thomas Timothy M
Seller's Agent
Beverlie Brewer
Southland Properties
Buyer's Agent
Onyx Martin
Onyx Real Estate Company, LLC
List Price
$269,900
Sold Price
$189,000
Premium/Discount to List
-$80,900
-29.97%
Current Estimated Value
$287,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,389
Avg. Annual Appreciation
7.48%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thomas Timothy M $189,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2020 01/09/20 Sold $189,000 -30.0% $109 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
02/28/2017 02/28/17 For Sale $269,900 -- $155 / Sq Ft
Source: Hive 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
2025 $1,323 $221,450 $58,242 $163,208
2024 $626 $66,241 $45,079 $21,162
2023 $616 $66,241 $45,079 $21,162
2022 $616 $66,241 $45,079 $21,162
2021 $616 $66,241 $45,079 $21,162
2020 $616 $66,241 $45,079 $21,162
2019 $616 $66,241 $45,079 $21,162
2018 $606 $66,241 $45,079 $21,162
2017 $609 $66,241 $45,079 $21,162
2014 $913 $200,924 $147,044 $53,880
2013 -- $200,924 $147,044 $53,880
2011 -- $200,924 $147,044 $53,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100050272

Hive MLS

APN: 451300338373