NOT LISTED FOR SALE

1049 Pete Thomas Rd Pittsboro, NC 27312

Estimated Value: $748,814

85.55 Acres
$8,753 Price per Acre
3,726,558 Sq Ft Lot

Last Sold March 04, 2024

Last sale price $740,000

Est. 1% increase in value since last sale

Current estimated payment $4,010/month

10 Days on Market

Highlights

  • Horses Allowed On Property
  • Wooded Lot
  • Corner Lot
  • 85.55 Acre Lot

About This Lot

As of March 2024

If you're considering development or looking for your own private oasis, take a moment to explore this stunning parcel of land. It presents a significant investment potential! Whether your vision involves creating a spacious farm, seeking out exceptional hunting grounds, or contemplating the development of a thriving subdivision, this vast acreage offers boundless opportunities. Situated just 15 minutes from Downtown Pittsboro, with its array of shopping, dining, and amenities, this property is primed for your ambitious plans.

Last Agent to Sell the Property

Scott Hoffman

Keller Williams Legacy License #171366 Listed on: 09/29/2023

Keller Williams Legacy

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $999

Lot Details

  • 85.55 Acre Lot
  • Corner Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Perry Harrison Elementary School
  • Margaret B Pollard Middle School
  • Northwood High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Grass Field

Utilities

  • Well Required

Property Details

Property Type

Land

Est. Annual Taxes

$999

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Lot Features Partially Cleared: Yes
  • General Property Information Horse YN2: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Water Source Need Well: Yes
  • Vegetation Grassed: Yes
  • General Property Information Lot Size Acres: 85.55
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 85.55
  • Lot Features:Wooded: Yes
  • Lot Features:Open Lot: Yes
  • Lot Features:Corner Lot: Yes

Utilities

  • Utilities: None
  • Water Source: Need Well

Schools

  • Ninth Grade High School: Chatham - Northwood
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Zoning: Residentia
  • Current Use: Unimproved, Vacant
  • Lot Size Sq Ft: 3726558.0
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Chatham - Perry Harrison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Mar 4, 2024
Sold by
Haith Eddie Lee and Haith Michele
Bought by
M & P Land Ventures Llc
Seller's Agent
Scott Hoffman
Keller Williams Legacy
Buyer's Agent
Non Member
Non Member Office
List Price
$800,000
Sold Price
$740,000
Premium/Discount to List
-$60,000
-7.5%
Views
14
Current Estimated Value
$748,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,814
Avg. Annual Appreciation
2.08%
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
M & P Land Ventures Llc $740,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2024 03/04/24 Sold $740,000 -7.5% --
12/16/2023 12/16/23 Off Market $800,000 -- --
10/09/2023 10/09/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $800,000 -- --
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 $999 $143,166 $143,166 $0
2024 $999 $177,814 $177,814 $0
2023 $1,463 $29,831 $29,831 $0
2022 $223 $29,831 $29,831 $0
2021 $49 $29,831 $29,831 $0
2020 $182 $32,455 $32,455 $0
2019 $243 $32,455 $32,455 $0
2018 $237 $32,455 $32,455 $0
2017 $237 $32,455 $32,455 $0
2016 $239 $33,805 $32,455 $1,350
2015 $151 $41,455 $40,105 $1,350
2014 -- $41,455 $40,105 $1,350
2013 -- $41,455 $40,105 $1,350
Source: Public Records

Agents Affiliated with this Home

  • Scott Hoffman

    Seller's Agent in 2024

    Scott Hoffman

    Keller Williams Legacy

    (919) 740-0379

    195 Total Sales

    Scott Hoffman
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    Non Member Office

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Map

Source: Doorify MLS

MLS Number: 2534655

Doorify MLS

APN: 73414

North Carolina Chatham County Pittsboro 27312

1049 Pete Thomas Rd, Pittsboro, NC

This home is located at 1049 Pete Thomas Rd, Pittsboro, NC 27312 since 29 September 2023 and is currently estimated at $748,814. 1049 Pete Thomas Rd is a home located in Chatham County with nearby schools including Silk Hope School and Jordan Matthews High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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