NOT LISTED FOR SALE

1040 Tobacco Rd Fairmont, NC 28340

Estimated Value: $141,000 - $173,000

3 Beds
2 Baths
2,230 Sq Ft
$71/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $149,000 $67 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $945/month

7 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Front Porch
  • PSRC Early College at RCC Rated A
  • No HOA
  • 1-Story Property

About This Home

As of June 2024

This charming home sits on 1.36 acres and has had numerous renovations and updates over the years, including granite counters in the kitchen, additions which include a gorgeous bathroom, a large room that has a lot of closets for storage and a laundry room with a shower in it. There is LVP flooring in several areas of the home. The Master bedroom has an en-suite bathroom. It is currently being used as a rental property but the lease is month to month.

Last Agent to Sell the Property

Brandi Norman

RE/MAX REAL ESTATE EXCHANGE License #335321 Listed on: 01/18/2024

RE/MAX REAL ESTATE EXCHANGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,283

Year Built

  • Built in 1928

Lot Details

  • Level Lot
  • Property is zoned Residential District

Parking

  • 2 Attached Carport Spaces

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Parquet
  • Laminate
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Front Porch

Schools

  • Robeson County Schools Middle School
  • Robeson County Schools High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Fairmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1207-01-01501

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,283

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • Prop. Type: Residential
  • Subdivision Name: Fairmont
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Hardwood: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Laminate: Yes
  • Flooring Parquet: Yes
  • General Property Information Carport YN: Yes
  • Laundry Features Inside: Yes
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Building Project Name3: The driveway is shared with the adjacent property at 1050 Tobacco Rd. and the carport that is at the end of the shared drive is on this property but belongs to the owners of 1050 Tobacco Rd. It is the current owners family that owns the adjacent land and he allowed them to build the carport slightly onto his lot.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Laminate, Luxury Vinyl, Parquet, Tile
  • Interior Amenities: Granite Counters
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Interior Features:Granite Counters: Yes
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes

Exterior Features

  • Exterior Features: Storage
  • Home Warranty: No
  • Patio And Porch Features: Front Porch
  • Lot Features:Level: Yes
  • Exterior Features:Storage2: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached Carport
  • Parking Features:Attached Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Robeson County Schools
  • Middle Or Junior School: Robeson County Schools

Lot Info

  • Zoning: Residential District
  • Parcel #: 1207-01-01501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Jun 24, 2024
Sold by
Lewis Michael Arrington and Lewis Khalalake M
Bought by
Lewis Gilbert Ashley and Lewis Timothy Clinton
Seller's Agent
Brandi Norman
RE/MAX REAL ESTATE EXCHANGE
List Price
$195,000
Sold Price
$149,000
Premium/Discount to List
-$46,000
-23.59%
Views
17
Current Estimated Value
$157,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,294
Avg. Annual Appreciation
-2.25%

Purchase Details

Listed on
Jan 18, 2024
Closed on
Jun 19, 2024
Sold by
Watson Edward L and Watson Jessie L
Bought by
Graham Kenton J and Graham Brianna M
Seller's Agent
Brandi Norman
RE/MAX REAL ESTATE EXCHANGE
List Price
$195,000
Sold Price
$149,000
Premium/Discount to List
-$46,000
-23.59%
Views
17

Purchase Details

Closed on
Jun 20, 2012
Sold by
Rogers D Jeffrey
Bought by
Lewis Michael Arrington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Lewis Gilbert Ashley $149,000 None Listed On Document
Graham Kenton J $125,000 None Listed On Document
Lewis Michael Arrington $2,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Michael Arrington $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $149,000 -23.6% $67 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $195,000 -- $87 / 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
2025 $1,283 $128,100 $10,800 $117,300
2024 $1,045 $102,800 $10,800 $92,000
2023 $638 $69,400 $10,300 $59,100
2022 $743 $69,400 $10,300 $59,100
2021 $743 $69,400 $10,300 $59,100
2020 $714 $69,400 $10,300 $59,100
2018 $728 $50,800 $9,900 $40,900
2017 $532 $50,800 $9,900 $40,900
2016 $532 $50,800 $9,900 $40,900
2015 $532 $50,800 $9,900 $40,900
2014 $532 $50,800 $9,900 $40,900
Source: Public Records

Agents Affiliated with this Home

  • Brandi Norman

    Seller's Agent in 2024

    Brandi Norman

    RE/MAX REAL ESTATE EXCHANGE

    18 Total Sales

    Brandi Norman
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Map

Source: Doorify MLS

MLS Number: LP718521

Doorify MLS

APN: 1207-01-01501

North Carolina Robeson County Fairmont 28340

1040 Tobacco Rd, Fairmont, NC

This home is located at 1040 Tobacco Rd, Fairmont, NC 28340 since 18 January 2024 and is currently estimated at $157,294, approximately $70 per square foot. This property was built in 1928. 1040 Tobacco Rd is a home located in Robeson County with nearby schools including Long Branch Elementary School, Parkton Elementary School, and Orrum Middle School.

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