NOT LISTED FOR SALE

114 Wells Rd Cove City, NC 28523

Estimated Value: $239,109

232 Acres
$1,031 Price per Acre
10,105,920 Sq Ft Lot

Last Sold May 26, 2023

Last sale price $671,000

Current estimated payment $1,337/month

197 Days on Market

Highlights

  • Home fronts a pond
  • Farm
  • No HOA
  • 232 Acre Lot
  • Wooded Lot

About This Lot

As of May 2023

There are two parcels for sale on both sides of Wintergreen road totalling approximately 232 acres (169 acres on one side and 63 on the opposite side). The land has some mature timber on it ready for cutting, there's about 93 acres of good farm land that could also be used for a development. There is approximately 3500 feet of road frontage. The second parcel is 3-023-004, along with 3-023-032. This property can be used for good farm land, development property or a great place to put a home with plenty of land to accomodate your desires. There is a pond located at the back of the property where you can observe the natural wildlife that is in the area. There is also an irrigation pond on the property that is approximately 60 feet wide by 350 feet long that would be perfect for fishing and locating a homesite adjacent to. You are just 25 miles from Historic downtown New Bern and about 1 hour from Atlantic Beach. In less that 2 hours you can be in Raleigh. Farm is in the use value program and the taxes are based on those figures.

Last Agent to Sell the Property

Russell Ipock

JRS Realty, LLC License #321420 Listed on: 12/15/2021

Last Buyer's Agent

Russell Ipock

JRS Realty, LLC License #321420 Listed on: 12/15/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $751

Lot Details

  • 232 Acre Lot
  • Home fronts a pond
  • Cleared Lot
  • Wooded Lot

Schools

  • James W. Smith Elementary School
  • West Craven Middle School
  • West Craven High School

Farming

  • Farm

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3-023-032

Property Details

Property Type

Land

Est. Annual Taxes

$751

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Agriculture
  • Cobra Zone: No
  • Road Frontage Type: Pond Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 3500

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: County
  • Utilities: County Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Book: 3073
  • Deed Page: 607.00
  • Lot Description: Farm, Wooded
  • Lot Sq Ft: 10105920.00
  • Plat Book: 3073
  • Plat Page: 0610
  • Cleared Acres: 93.00
  • Acres: 232.00
  • Wooded Acres: 139.00
  • Current Use: Agriculture, Farm, Timber
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 2923.71
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Wooded

Tax Info

  • Tax Identifier: 3-023-032
  • Tax Year: 2020
  • Deferred Taxes: No

MLS Schools

  • Elementary School: James W. Smith
  • High School: West Craven
  • Middle School: West Craven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Holloman Oscar L
Bought by
Holloman Farms Llc
Current Estimated Value
$239,109

Purchase Details

Closed on
Sep 8, 2022
Sold by
Holloman Oscar L and Holloman Carol P
Bought by
Buck Timber Company Inc

Purchase Details

Closed on
Jul 14, 2022
Sold by
Family Trust
Bought by
Holloman Oscar L and Holloman Carol P

Purchase Details

Closed on
Mar 6, 2012
Sold by
Sermons Retha Jackson and Sermons Retha J
Bought by
Sermons Retha J and Family Trust Of Retha J Sermons
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
Holloman Farms Llc -- None Listed On Document
Buck Timber Company Inc -- --
Buck Timber Company Inc -- None Listed On Document
Holloman Oscar L $200,000 L Allen Hahn Pa
Sermons Retha J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $671,000 -1.1% --
06/30/2022 06/30/22 Pending -- -- --
12/15/2021 12/15/21 For Sale $678,300 -- --
Source: Hive 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 $751 $147,350 $147,350 $0
2023 $751 $147,350 $147,350 $0
2022 $2,729 $133,400 $133,400 $0
2021 $233 $35,830 $35,830 $0
2020 $229 $35,830 $35,830 $0
2019 $229 $35,830 $35,830 $0
2018 $224 $35,830 $35,830 $0
2017 $224 $35,830 $35,830 $0
2016 $224 $42,740 $42,740 $0
2015 $233 $42,740 $42,740 $0
2014 -- $42,740 $42,740 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100304732

Hive MLS

APN: 3-023-032