$135,000
SOLD AUG 12, 2024

1051 Payne Rd Rural Hall, NC 27045

3 Beds
2 Baths
1,500 Sq Ft
1.47 Acres

Recently Sold

$90 Per Sq Ft

Highlights

  • 1.47 Acre Lot
  • No HOA
  • Attached Carport
  • 1 Fireplace

About This Home

As of May 2025

Entered for Comp Purposes. Great Ranch with extra lot! Needs TLC. Detached Workshop garage. Home being SOLD "AS IS"

Last Agent to Sell the Property

NONMEMBER NONMEMBER

Listed on: 08/12/2024

Last Buyer's Agent

Vivian Wilborne

Allen Tate High Point License #146840

Allen Tate High Point

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1968

Lot Details

  • 1.47 Acre Lot

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,377 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Retreat At Hanging Rock Subdivision

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 14979,14980

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,100

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.47
  • Subdivision Name: Retreat At Hanging Rock
  • Directions: 52 North to University Pkwy to Rural Hall,Right Leak Branch,Right Payne Road. House on Left
  • Above Grade Finished Sq Ft: 1377
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1968
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1377
  • Main Level Bathrooms: 2
  • 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, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 14979,14980
  • Zoning: res
  • TRIADMLS_PricePerAcre: 91836.7347
  • TRIADMLS_DeedPage: 1252/339
  • TRIADMLS_DeedBook: 350/168
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Lot: 69
  • Tax Year: 2024

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
0.84%
Original Mortgage
$250,000
Outstanding Balance
$250,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$10,282

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

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 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 $1,100 $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: 1152244

Triad MLS

APN: 691101492155