NOT LISTED FOR SALE

1081 Phillips Rd Columbus, NC 28722

Estimated Value: $1,887,000 - $3,018,763

18 Acres
$134,412 Price per Acre
777,546 Sq Ft Lot

Last Sold May 31, 2016

Last sale price $1,425,000

Est. 68% increase in value since last sale

Current estimated payment $14,452/month

50 Days on Market

About This Lot

As of May 2016

17+ acre Professional Horse Farm, 200' x 80' covered riding ring with superb synthetic footing, 11 stall barn, 3 BR, 2 Bath main house with high grade finishes in pristine condition, 2 BR, 2 Bath separate living quarters for staff or guests, grass paddocks and grass riding field, 3 board fencing throughout, storage buildings, deeded access to private CETA trail system, quiet neighborhood of Equestrian estates.

Last Agent to Sell the Property

Linda Tinkler

Town & Country Realty of the Carolinas License #279635 Listed on: 02/23/2016

Last Buyer's Agent

Jennifer Lanning

Legacy Lifestyles LLC License #275289

Property Details

Property Type

  • Land

Year Built

  • 2005

Lot Details

Additional Features

  • Property is zoned Multiple Use
  • Crawl Space
  • Well

Listing and Financial Details

  • Assessor Parcel Number P110-54

Property Details

Property Type

Land

Year Built

2005

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Farm
  • Ratio Close Price By List Price: 0.95000
  • Ratio Close Price By Original Li: 0.95000
  • Ratio Current Price By Acre: 79831.93
  • Habitable Residence Yn: Yes
  • Special Features: None
  • Year Built (Public Record): 2005

Interior Features

  • Foundation Details: Crawl Space

Exterior Features

  • Construction Type: Site Built
  • Publically Maintained Road: Yes
  • Cleared Acres: 4.00

Utilities

  • Sewer: Septic Tank
  • Water: Well

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Polk

Lot Info

  • Lot Size Area: 17.850
  • Parcel Number: P110-54
  • Zoning: Multiple Use
  • Zoning Specification: MX
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 610086.00
  • Tax Amount Ncm: 3374.00
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2016
Closed on
May 26, 2016
Sold by
Clifton Roger L
Bought by
Loor Julio Cesar Mendoza and Mendoza Jessica
Seller's Agent
Linda Tinkler
Town & Country Realty of the Carolinas
Buyer's Agent
Jennifer Lanning
Legacy Lifestyles LLC
List Price
$1,500,000
Sold Price
$1,425,000
Premium/Discount to List
-$75,000
-5%
Total Days on Market
50
Current Estimated Value
$2,399,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$974,254
Avg. Annual Appreciation
6.07%
Original Mortgage
$1,140,000
Outstanding Balance
$922,084
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$1,499,850

Purchase Details

Closed on
Jul 5, 2007
Sold by
Foster Andrew N and Foster Patricia M
Bought by
Clifton Roger L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2003
Bought by
Clifton Roger L
Source: Public Records

Similar Property in Columbus, NC

  • 226 John Smith Rd, Columbus, NC 28722

    $1,975,000

    • Land
    • 20 Acres
    • $98,750 per Acre
    • 226 John Smith Rd
    • Columbus, NC

    This desirable professional/amateur horse facility w/ deeded CETA trails is located in the heart of horse country in Polk County! Center aisle barn includes eight 12x12 stalls, wash stall, fly spray system, a dedicated tack room for boarders, and a separate owner's tack room w/ full bath & laundry all on the main level. The upper level reveals a breathtaking 3BR/2BA ~2900sqft owner's home.

    Laura Peek Gasperson-Peek Realty

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Range of Values:

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Average Value
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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
Loor Julio Cesar Mendoza $1,425,000 None Available
Clifton Roger L $845,000 None Available
Clifton Roger L $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loor Julio Cesar Mendoza $1,140,000
Previous Owner Clifton Roger L $589,200
Previous Owner Clifton Roger L $600,000
Previous Owner Clifton Roger L $600,000
Previous Owner Foster Andrew N $286,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $1,425,000 -5.0% --
04/13/2016 04/13/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $1,500,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $11,803 $1,820,822 $703,500 $1,117,322
2023 $11,620 $1,820,822 $703,500 $1,117,322
2022 $11,291 $1,820,822 $703,500 $1,117,322
2021 $10,927 $1,820,822 $703,500 $1,117,322
2020 $8,883 $1,395,530 $703,500 $692,030
2019 $8,883 $1,395,530 $703,500 $692,030
2018 $8,324 $1,395,530 $703,500 $692,030
2017 $8,045 $610,086 $102,900 $507,186
2016 $3,685 $610,086 $102,900 $507,186
2015 $3,374 $0 $0 $0
2014 $3,374 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3150052

Canopy MLS (Canopy Realtor® Association)

APN: P110-54