A
Seller's Agent in 2024
Andrew Walters
Mossy Oak Properties Land and
(844) 480-5263
6 in this area
267 Total Sales
1395 Hwy 58 S Kinston, NC 28504
172
Acres
$6,402
Price per Acre
7,484,480
Sq Ft Lot
Highlights
- 171.82 Acre Lot
- No HOA
- Agricultural
- Partially Wooded Lot
About This Lot
As of December 2024171.82 Acres of Multi-Use Farm Land For Sale in Lenoir County, NC! Take a look at this beautiful tract of land located in Lenoir County, just outside of Kinston on Highway 58! This property features thousands of feet of road frontage! There is roughly 1,655 feet of frontage along Highway 58, 2,520 feet along Elijah Loftin Road, and another 1,000 feet along Whaley Road. In regards to the farmland, it's well drained and ideal for many types of agricultural crops. There are several soil types present on the property. Goldsboro soils (GoA) consist of roughly 32% of the soils present. Lynchburg Soils (Ly) make up another 31% of the soils, and Rains Sandy Loam (Ra) make up 19% of the soils. The remainder of the soil types consist of various types of Norfolk Sandy Loams.
None of the property is encompassed in the FEMA 100 or 500 year floodplain. The only wetland areas present are the drainage ditches and canals that cut through the farmland and ensure the soils are well drained. The elevation is at approximately 70 feet above sea level and is level throughout the entirety of the property. While this property consists of primarily prime farmland, there are three sections of timber. There is a 8 acre homesite that boats beautiful century-old mature oak trees, a 6 acre block of timber on Whaley Road, and 3.65 acres of pines along the NE boundary of the property.
From this property, you are only 10 minutes from Kinston, 30 minutes from New Bern, 15 minutes from Trenton, and less than one hour from Emerald Isle. Southwood Elementary School is less than a half mile from the property. While this property features frontage on Highway 58, you are in close proximity to Highway 70 and Highway 258, making accessing the property an ease from anywhere.
This is the perfect property to add to your investment portfolio. In addition to the continuation of row crop agriculture usage, there is potential for commercial zoning and development, as well as conservation easement enrollment, and residential development. There aren't many properties that check the boxes for a property offering such diverse potential usages!
Last Agent to Sell the Property
Mossy Oak Properties Land and License #282248 Listed on: 09/17/2024
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,725
Year Built
- 1901
Lot Details
- 171.82 Acre Lot
- Partially Wooded Lot
- Few Trees
Schools
- Lenoir County Public Schools Elementary And Middle School
- Lenoir County Public Schools High School
Farming
- Agricultural
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 22156
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Nov 27, 2024
Sold by
Loftin George Edwin and Loftin Nancy
Bought by
Joel Henry Davis Family Limited Partnership
Seller's Agent
Andrew Walters
Mossy Oak Properties Land and
Buyer's Agent
Non Member
Non Member Office
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Total Days on Market
10
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$167,639
Avg. Annual Appreciation
-30.19%
Purchase Details
Closed on
Jul 27, 2023
Sold by
Loftin Etta W
Bought by
Attayek Evelyn L and Buchanan Catherine L
Purchase Details
Closed on
Nov 14, 2008
Sold by
Loftin George E and Loftin Etta Lou W
Bought by
Creel Darrell E
Purchase Details
Closed on
Oct 23, 2008
Sold by
Creel Darrell E
Bought by
Creel Darrell E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,000 | None Listed On Document | |
| Warranty Deed | $320,000 | None Listed On Document | |
| Special Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $4,000 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2024 12/27/24 | Sold | $1,100,000 | -4.3% | $312 / Sq Ft |
| 09/27/2024 09/27/24 | Pending | -- | -- | -- |
| 09/17/2024 09/17/24 | For Sale | $1,150,000 | -- | $327 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $2,725 | $278,857 | $133,342 | $145,515 |
| 2023 | $2,635 | $278,857 | $133,342 | $145,515 |
| 2022 | $2,683 | $278,857 | $133,342 | $145,515 |
| 2021 | $2,683 | $278,857 | $133,342 | $145,515 |
| 2020 | $2,683 | $278,857 | $133,342 | $145,515 |
| 2019 | $2,683 | $278,857 | $133,342 | $145,515 |
| 2018 | $2,642 | $278,857 | $133,342 | $145,515 |
| 2017 | $2,649 | $278,857 | $133,342 | $145,515 |
| 2014 | $2,584 | $633,985 | $491,055 | $142,930 |
| 2013 | -- | $633,985 | $491,055 | $142,930 |
| 2011 | -- | $633,985 | $491,055 | $142,930 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Walters
-
N
Buyer's Agent in 2024
Non Member
Non Member Office
Map
Source: Doorify MLS
MLS Number: 10053137
APN: 453300210529
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