NOT LISTED FOR SALE

1118 Baileys Chapel Rd Advance, NC 27006

Estimated Value: $321,000 - $404,000

4 Beds
2.5 Baths
2,300 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $310,000 $135 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,223/month

69 Days on Market

Highlights

  • New Construction
  • No HOA
  • Kitchen Island
  • Shady Grove Elementary School Rated A-
  • 2 Car Attached Garage
  • Central Air

About This Home

As of May 2023

All Proposal Worksheets (attached in MLS docs) to be submitted to Co List Agent. Builder uses their own contract and agent will draft agreement. 10,000 in closing costs assistance if using Builders preferred vendors. Closing 35 days from CO.
The Magnolia floorplan features an open concept main level with a flex space that can be used for a study, den or dining room. The Primary Suite has a generous walk-in closet the opens right into the laundry room. The Primary Suite and 3 other bedrooms are all on the second floor. The front entry has a drop zone to leave your items until the next trip out. Large back yards and a rural, country feel yet a short drive to Advance, Bermuda Run and Tanglewood. Contact on site agent for details.

Last Agent to Sell the Property

Jodi Tate

Blue Door Group Real Estate License #191136 Listed on: 12/16/2022

Co-Listed By

Lorraine Howard

Blue Door Group Real Estate License #282467

Last Buyer's Agent

Daniel Testa

Smart Move Group License #316154

Smart Move Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $399

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.69 Acre Lot
  • Property is zoned R-A

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,096 Sq Ft Home
  • 1,800-2,300 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer Hookup

Schools

  • William Ellis Middle School
  • Davie County High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bailey's Ridge Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number H80000004324
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$399

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.692
  • Co List Office Mls Id: WBLDORE01
  • Co List Office Phone: 336-747-3245
  • Subdivision Name: Bailey's Ridge
  • Directions: Hwy 801 in Advance to right on Baileys Chapel Rd. Bailey's Ridge is on the left.
  • Above Grade Finished Sq Ft: 2096
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2022
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2300
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2096
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Garage Door Opener, Attached, Garage Faces Front
  • Garage Description: Attached Garage, Front Load Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Security: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Shady Grove
  • High School: Davie County
  • Middle Or Junior School: William Ellis

Lot Info

  • Parcel #: H80000004324
  • Zoning: R-A
  • TRIADMLS_PricePerAcre: 447976.8786
  • TRIADMLS_PlatPage: 0415
  • TRIADMLS_DeedPage: 0474
  • TRIADMLS_DeedBook: 1210
  • TRIADMLS_PlatBook: 13
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 398.69
  • Tax Lot: 4
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
May 10, 2023
Sold by
Sagamore Homes Nc Inc
Bought by
Lipscomb Kaitlyn N and Cartner Chase
Seller's Agent
Jodi Tate
Blue Door Group Real Estate
Buyer's Agent
Daniel Testa
Smart Move Group
List Price
$310,990
Sold Price
$310,000
Premium/Discount to List
-$990
-0.32%
Views
36
Current Estimated Value
$374,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,954
Avg. Annual Appreciation
7.95%
Original Mortgage
$304,385
Outstanding Balance
$295,576
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$72,679
Source: Public Records

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
Lipscomb Kaitlyn N $310,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipscomb Kaitlyn N $304,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $310,000 -0.3% $172 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
01/26/2023 01/26/23 Price Changed $310,990 0.0% $173 / Sq Ft
01/26/2023 01/26/23 For Sale $310,990 -- $173 / 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 $2,042 $256,030 $50,000 $206,030
2023 $1,455 $182,460 $50,000 $132,460
2022 $399 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jodi Tate

    Seller's Agent in 2023

    Jodi Tate

    Blue Door Group Real Estate

    (336) 360-8675

    414 Total Sales

    Section Image

  • L

    Seller Co-Listing Agent in 2023

    Lorraine Howard

    Blue Door Group Real Estate

    (336) 830-1435

    98 Total Sales

    Section Image

  • D

    Buyer's Agent in 2023

    Daniel Testa

    Smart Move Group

    (336) 909-1103

    86 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 1092003

Triad MLS

APN: H80000004324

North Carolina Davie County Advance 27006

1118 Baileys Chapel Rd, Advance, NC

This home is located at 1118 Baileys Chapel Rd, Advance, NC 27006 since 16 December 2022 and is currently estimated at $366,008, approximately $159 per square foot. This property was built in 2022. 1118 Baileys Chapel Rd is a home located in Davie County with nearby schools including Shady Grove Elementary School, William Ellis Middle School, and Davie County High School.

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