NOT LISTED FOR SALE

1550 Farrington Rd Apex, NC 27523

Estimated Value: $558,000 - $633,000

1 Acre
$587,622 Price per Acre
43,560 Sq Ft Lot

Last Sold August 15, 2012

Last sale price $255,000 $128 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,525/month

207 Days on Market

About This Lot

As of August 2012

Completely Reovated Farmhouse-Adjoins Jordan Lake Army Corps Land. 1/4 mile to public lake access, 1/2 mile to Marina, 1.5 miles to hwy 64. Owner painstakingly preserved bead-board ceilings, refinshed hardwood floors, updated kitchen, added modern master bedroom, screened in porch, garage and cement board siding. Fenced in back yard with access to 1,000's of acres of gov't land.

Last Listed By

Eric Andrews

Realty World Carolina Prop Listed on: 12/26/2011

Realty World Carolina Prop

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,011

Year Built

  • 1941

Lot Details

  • 1 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$3,011

Year Built

1941

Lot Details

0

Listing Details

  • Copyright Remarks: Yes
  • Municipality: Apex
  • OFFICELIST_ADDRESS: 1550 Farrington Road
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2011-12-26
  • List Office I D: 1164
  • M L Number Foreign: RLIT16604
  • Sales Office I D: 912
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Road
  • Building Style: Lots & Land
  • Sellling Agent: 1121
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1941

Interior Features

  • Price Per S Q F T: 255000

Fee Information

  • Tax Class: LOTS & LAND

Lot Info

  • Acres: 1
  • Lot Size Sq Ft: 43560
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Green Cert: No

Rental Info

  • Rental License: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2017
Sold by
Roberts Parker Mark Waylon and Roberts Parker Tigh
Bought by
Erwin David P
Total Days on Market
207
Current Estimated Value
$587,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.16%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 26, 2011
Closed on
Aug 6, 2012
Sold by
Horton Aaron and Horton Heather
Bought by
Roberts Parker Mark Waylon and Roberts Parker Tigh
Seller's Agent
Eric Andrews
Realty World Carolina Prop
Buyer's Agent
Outside Selling Agent
Outside Selling Office
List Price
$300,000
Sold Price
$255,000
Premium/Discount to List
-$45,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$242,250
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2009
Sold by
Harward John Clifton
Bought by
Horton Aaron

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
Erwin David P $328,000 Attorney
Roberts Parker Mark Waylon $255,000 None Available
Horton Aaron $49,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erwin David P $276,000
Closed Erwin David P $295,000
Previous Owner Roberts Parker Mark Waylon $242,250
Previous Owner Horton Aaron Palmer $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2012 08/15/12 Sold $255,000 -15.0% $128 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
12/26/2011 12/26/11 For Sale $300,000 -- $151 / Sq Ft
Source: NoCoast 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 $3,011 $336,979 $90,000 $246,979
2023 $3,011 $336,979 $90,000 $246,979
2022 $2,803 $336,979 $90,000 $246,979
2021 $2,767 $336,979 $90,000 $246,979
2020 $1,481 $174,301 $65,625 $108,676
2019 $1,481 $174,301 $65,625 $108,676
2018 $1,399 $174,301 $65,625 $108,676
2017 $1,399 $174,301 $65,625 $108,676
2016 $1,355 $166,893 $62,500 $104,393
2015 $1,409 $159,996 $62,500 $97,496
2014 -- $159,996 $62,500 $97,496
2013 -- $159,996 $62,500 $97,496
Source: Public Records

Agents Affiliated with this Home

  • Eric Andrews

    Seller's Agent in 2012

    Eric Andrews

    Realty World Carolina Prop

    (919) 545-9911

    244 Total Sales

    Section Image

  • O

    Buyer's Agent in 2012

    Outside Selling Agent

    Outside Selling Office

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Map

Source: NoCoast MLS

MLS Number: NOC5480993

NoCoast MLS

APN: 17684

North Carolina Chatham County Apex 27523

1550 Farrington Rd, Apex, NC

Homes for Sale in Apex, NC

This home is located at 1550 Farrington Rd, Apex, NC 27523 since 26 December 2011 and is currently estimated at $587,622, approximately $294 per square foot. This property was built in 1941. 1550 Farrington Rd is a home located in Chatham County with nearby schools including North Chatham Elementary School, Margaret B. Pollard Middle School, and Jordan Lake School Of The Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NoCoast MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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