NOT LISTED FOR SALE

1296 Posey Farm Rd Raeford, NC 28376

Raeford Area

Estimated Value: $277,000 - $297,000

3 Beds
3 Baths
1,536 Sq Ft
$187/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2023

Last sale price $275,000 $179 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,700 / mo

103 Days on Market

Highlights

  • 2.91 Acre Lot
  • Wood Burning Stove
  • No HOA
  • Deck
  • Wood Flooring
  • Formal Dining Room

About This Home

As of June 2023

1,536 square foot farm house on 3 acres in Hoke County. Located on Posey Farm Road, this property has a lot of potential with a large barn, a great little work cottage that could be converted into living space, a carport, and an outdoor entertainment patio. Everything needs a little work but nothing too major. Great starter house or possible flip. The barn has plenty of room for a garage and living/workspace above and the cottage could easily be a one bedroom apartment or guest house. Easy access to Fayetteville Road and Fort Bragg, not far from shopping and access to the new 295 freeway. Property is vacant. There are plans to build 6 houses along Posey Farm Road in front of the house. Please see attached map of where the homes will be built.

Last Agent to Sell the Property

Larry Bergin

Bell Manley Real Estate LLC License #308790 Listed on: 02/27/2023

Last Buyer's Agent

A Non Member

Berkshire Hathaway HomeServices Carolina Premier Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 2.91 Acre Lot
  • Lot Dimensions are 613x356x328x85x115
  • Property fronts a state road
  • Property is zoned R20

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Living Room
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Deck
  • Wrap Around Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 494640001126

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

2.91 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 1992
  • Property Sub Type: Single Family Residence
  • Appliances: Electric Oven, Built-In Microwave, Refrigerator, Dishwasher
  • Original List Price: 295000.00
  • Unit Levels: Two
  • Living Area: 1536.00
  • Is New Construction?: No
  • Type Type: 3 Bedroom
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 192.06
  • Special Features: None

Interior Features

  • Dining Room Type: Formal
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Walk-in Closet(s), Ceiling Fan(s), Walk-in Shower, Walk-In Closet(s), Wood Burning Stove
  • Master Bedroom Level: Non Primary Living Area
  • Stories: 2
  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Has Fireplace?: Yes
  • Total Bedrooms: 6
  • Room Types: Living Room, Dining Area, Bathroom 1, Dining Room, Bedroom 1, Bedroom 2, Master Bedroom
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 3.00
  • Living Area Range: 1400 - 1599

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Roof: Shingle
  • Road Frontage Type: City Street, State Road
  • Waterfront?: No
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck, Porch, Wrap Around

Garage/Parking

  • Has Attached Garage?: No
  • Garaged Spaces: 2.00
  • Has Attached Garage?: Yes
  • Parking Features: Covered, Detached
  • Total Parking Spaces: 2.00
  • Detached Garage Spaces: 2.00

Utilities

  • Utilities: Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Cooling: Central Air, Heat Pump
  • Has Cooling?: Yes
  • Heating: Heat Pump, Fireplace(s), Electric
  • Heating Yn: Yes
  • Sewer Provider: Septic Tank

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Schools

  • Junior High Dist: Hoke County Schools

Lot Info

  • Deed Book: 1444
  • Deed Page: 369.00
  • Zoning: R20
  • Lot Size Acres: 2.91
  • Lot Size: 613x356x328x85x115
  • Lot Size Sq Ft: 126760.00
  • Purchase Contract Date: 2023-04-28
  • Parcel#: 494640001126
  • Cobra Zone Y N: No

Tax Info

  • Tax Year: 2022
  • Tax Book Number: 8
  • Tax Map Number: 18
  • Tax Other Assessment Amount Frequency: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Jun 12, 2023
Sold by
Bought by
Seller's Agent
Larry Bergin
Bell Manley Real Estate LLC
Buyer's Agent
A Non Member
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Views
604
Current Estimated Value
$286,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,877
Avg. Annual Appreciation
1.36%

Purchase Details

Closed on
Jun 2, 2022
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Raeford, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$275,000 None Listed On Document
$389,000 Lee Parker C
$202,000 None Available
$120,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $30,000
Previous Owner $130,150
Previous Owner $202,000
Previous Owner $120,000
Previous Owner $70,000
Previous Owner $15,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Sold $275,000 -6.8% $179 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $295,000 0.0% $192 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
01/15/2023 01/15/23 For Sale $295,000 -- $192 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,492 $168,170 $48,580 $119,590
2024 $1,492 $168,170 $48,580 $119,590
2023 $1,315 $168,170 $48,580 $119,590
2022 $1,315 $146,260 $26,670 $119,590
2021 $1,367 $152,080 $23,240 $128,840
2020 $1,390 $152,080 $23,240 $128,840
2019 $1,390 $152,080 $23,240 $128,840
2018 $1,390 $152,080 $23,240 $128,840
2017 $1,390 $152,080 $23,240 $128,840
2016 $1,365 $152,080 $23,240 $128,840
2015 $1,365 $152,080 $23,240 $128,840
2014 $1,342 $152,080 $23,240 $128,840
2013 -- $135,630 $18,410 $117,220
Source: Public Records

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Map

Source: Hive MLS

MLS Number: 100364889

Hive MLS

APN: 494640001126

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