$260,000
SOLD MAY 29, 2025

1051 Payne Rd Rural Hall, NC 27045

3 Beds
2 Baths
1,352 Sq Ft
1.47 Acres

Recently Sold

$192 Per Sq Ft

13% Below List Price

18 Days on Market

Highlights

  • 1.47 Acre Lot
  • Attic
  • Attached Carport
  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

RANCH WITH DOUBLE WORKSHOP! All Brick Rural Hall Home recently updated. Situated on 1.47Acres. Please note Parcel 6911-49-1103(.56Acres) goes with the sale of the home. Great home with unfinished basement. Oil Tank can offer back up heat to the home. NEW:ROOF,GUTTERS,HVAC,WATER HEATER. GUTTERS ON THE WORKSHOP AS WELL. IF you like to work on things. This home with the detached DOUBLE workshop is for you. Home being Sold "AS IS"

Last Agent to Sell the Property

Vivian Wilborne

Allen Tate High Point License #146840 Listed on: 03/24/2025

Allen Tate High Point

Last Buyer's Agent

Sherry Whitt

Sherry Whitt Properties License #225080

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 1966

Lot Details

  • 1.47 Acre Lot

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,352 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Den with Fireplace
  • Dishwasher
  • Dryer Hookup
  • Attic
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6911492155

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,256

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.47
  • Subdivision Name: None
  • Directions: Hwy 52 North, Exit 118/Rural Hall/Bethania. Left on Bethania Rural Hall Rd,Left Broad St,Right Leak Branch,Right Payne Rd. House on the Left with Sign
  • Above Grade Finished Sq Ft: 1352
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1966
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Range, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Unfinished, Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1352
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, See Remarks, Electric, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6911492155
  • Zoning: SFR
  • TRIADMLS_PricePerAcre: 176870.7483
  • TRIADMLS_DeedPage: 904
  • TRIADMLS_DeedBook: 778

Tax Info

  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
May 28, 2025
Sold by
Gibson Michael Glenn and Gibson Pamela Cole
Bought by
Simchik Alicia
Seller's Agent
Vivian Wilborne
Allen Tate High Point
Buyer's Agent
Sherry Whitt
Sherry Whitt Properties
List Price
$299,000
Sold Price
$260,000
Premium/Discount to List
-$39,000
-13.04%
Views
107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$250,000
Outstanding Balance
$249,575
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$14,316

Purchase Details

Listed on
Aug 12, 2024
Closed on
Aug 8, 2024
Sold by
Key Billy Charles
Bought by
Gibson Michael Glenn
Seller's Agent
NONMEMBER NONMEMBER
Buyer's Agent
Vivian Wilborne
Allen Tate High Point
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
129.25%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 None Listed On Document
Warranty Deed $260,000 None Listed On Document
Warranty Deed $135,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Closed $250,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Sold $260,000 -10.0% $192 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
04/07/2025 04/07/25 Price Changed $289,000 -3.3% $214 / Sq Ft
03/24/2025 03/24/25 For Sale $299,000 +121.5% $221 / Sq Ft
08/12/2024 08/12/24 Sold $135,000 0.0% $113 / Sq Ft
08/12/2024 08/12/24 For Sale $135,000 -- $113 / Sq Ft
Source: Triad 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
2024 $1,256 $139,300 $20,300 $119,000
2023 $1,100 $139,300 $20,300 $119,000
2022 $1,031 $139,300 $20,300 $119,000
2021 $1,031 $139,300 $20,300 $119,000
2020 $952 $128,600 $19,300 $109,300
2019 $56 $128,600 $19,300 $109,300
2018 $952 $128,600 $19,300 $109,300
2017 $945 $128,600 $19,300 $109,300
2016 $919 $125,100 $19,300 $105,800
2015 $913 $125,100 $19,300 $105,800
2014 $940 $125,100 $19,300 $105,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1174667

Triad MLS

APN: 691101492155