NOT LISTED FOR SALE

124 Freeman Hill None New London, NC 28127

Estimated Value: $41,000 - $158,000

1.46 Acres
$77,625 Price per Acre
63,598 Sq Ft Lot

Last Sold October 23, 2023

Last sale price $37,500

Est. 273% increase in value since last sale

Current estimated payment $1,019/month

43 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Corner Lot
  • Fitness Center
  • Wooded Lot
  • Tennis Courts

About This Lot

As of October 2023

Beautiful tree covered 1.46 acre home site in the prestigious Southpoint neighborhood. Located on Freeman Hill, a highly desired street address in the Old North State community. Elevated home site. Join the Old North State Club and enjoy the expansive array of amenities which include golf, tennis, swimming, fitness, dining & a full service marina. Come experience the Old North State lifestyle!

Last Agent to Sell the Property

Rob Brady

Old North State Realty License #298270 Listed on: 08/30/2023

Last Buyer's Agent

Rob Brady

Old North State Realty License #298270 Listed on: 08/30/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $399

Lot Details

  • Property fronts a private road
  • Corner Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned Res-1

HOA Fees

  • $229 Monthly HOA Fees

Schools

  • Troy Elementary School
  • West Middle School
  • Montgomery Central High School

Listing and Financial Details

  • Assessor Parcel Number 6672-14-23-7135

Community Details

Overview

  • Uwharrie Point Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Putting Green
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$399

Lot Details

0

HOA Fees

$229 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Signage,Square Feet
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: Medium
  • Special Features: None

Interior Features

  • Possible Use: Residential

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: County Sewer
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Putting Green, Recreation Area, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 687.5
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 2750.00

Schools

  • Middle Or Junior School: West
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Wooded
  • Lot Size Area: 1.46
  • Lot Size Units: Acres
  • Parcel Number: 6672-14-23-7135
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res-1

MLS Schools

  • Elementary School: Troy
  • High School: Montgomery Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Oct 19, 2023
Sold by
Equity Trust Co
Bought by
Larson William E
Seller's Agent
Rob Brady
Old North State Realty
Buyer's Agent
Rob Brady
Old North State Realty
List Price
$25,000
Sold Price
$37,500
Premium/Discount to List
$12,500
50%
Views
18
Current Estimated Value
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,500
Avg. Annual Appreciation
84.00%

Purchase Details

Closed on
Aug 21, 2023
Sold by
Schaub Family Trust
Bought by
Equity Trust Co and Maloney Denis A

Purchase Details

Closed on
Mar 13, 2019
Sold by
Schaub Mark A and Schaub Susan K
Bought by
Schaub Mark A and Schaub Susan K

Purchase Details

Closed on
Jul 1, 2004
Bought by
Schaub Mark A and Schaub Susan K
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 Buyer Sale Price Title Company
Larson William E $37,500 None Listed On Document
Equity Trust Co $8,000 None Listed On Document
Schaub Mark A -- None Available
Schaub Mark A $145,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $37,500 +50.0% --
08/30/2023 08/30/23 For Sale $25,000 -- --
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
2025 $399 $58,180 $58,180 $0
2024 $399 $58,180 $58,180 $0
2023 $399 $58,180 $58,180 $0
2022 $399 $58,180 $58,180 $0
2021 $390 $58,180 $58,180 $0
2020 $390 $58,180 $58,180 $0
2019 $813 $120,500 $120,500 $0
2018 $813 $120,500 $120,500 $0
2017 $813 $120,500 $120,500 $0
2016 $813 $120,500 $120,500 $0
2015 $759 $120,500 $0 $0
2014 $759 $120,468 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4064975

Canopy MLS (Canopy Realtor® Association)

APN: 6672-14-23-7135