$62,500
SOLD DEC 12, 2024

162 Schmidt Ln Lumber Bridge, NC 28357

9 Acres
$7,267 Price per Acre
374,616 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

1 Day on Market

About This Lot

As of February 2025

Great chance to build your dream home or keep is as a pasture for your horses. Comes as a part of a bigger lot. Approximatly 8.5 acres will be surveyed from the bigger parcel and subdividing still needs to be completed, as well as perc test. The driveway belongs to the property ( house) on the back, and it is not an easement. Please do not enter and trespass. Land is currently used by the tenant till the end of December.

Last Agent to Sell the Property

Kat Tapia

FATHOM REALTY NC, LLC FAY. License #273764 Listed on: 10/24/2024

FATHOM REALTY NC, LLC FAY.

Last Buyer's Agent

Kat Tapia

FATHOM REALTY NC, LLC FAY. License #273764 Listed on: 10/24/2024

FATHOM REALTY NC, LLC FAY.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,169

Lot Details

  • 8.6 Acre Lot
  • Level Lot
  • Cleared Lot
  • Zoning described as Residential District

Schools

  • St. Pauls Middle School
  • St. Pauls Senior High School

Utilities

  • Septic Tank
  • Septic System

Listing and Financial Details

  • Tax Lot 1-A
  • Assessor Parcel Number 0903-01-00701
  • Seller Considering Concessions

Property Details

Property Type

Land

Est. Annual Taxes

$2,169

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 8.6
  • Ownership: More than a year
  • Subdivision Name: NONE
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: 5-10 Acres, See Remarks, Level, Partially Cleared
  • Topography: Level,Pasture
  • Disclosures: Deed Restriction, See Remarks

Utilities

  • Sewer: Septic Tank
  • Utilities: Septic Available
  • Water Source: Public

Schools

  • High School: St. Pauls Senior High
  • Middle Or Junior School: St. Pauls Middle School

Lot Info

  • Wooded Area: 0.6
  • Parcel #: 0903-01-00701
  • Zoning Description: Residential District
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Lot: 1-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Feb 11, 2025
Sold by
Wilkerson Christopher A and Wilkerson Heather Marie
Bought by
Lee Carey Russell
Seller's Agent
Kat Tapia
FATHOM REALTY NC, LLC FAY.
List Price
$450,000
Sold Price
$450,000
Views
234
Current Estimated Value
$282,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$167,752
Avg. Annual Appreciation
-65.36%
Original Mortgage
$450,000
Outstanding Balance
$449,247
Interest Rate
6.91%
Mortgage Type
VA
Estimated Equity
-$166,999

Purchase Details

Listed on
Oct 24, 2024
Closed on
Dec 10, 2024
Sold by
Wilkerson Christopher Alan and Wilkerson Heather Mar
Bought by
Wright William G
Seller's Agent
Kat Tapia
FATHOM REALTY NC, LLC FAY.
Buyer's Agent
Kat Tapia
FATHOM REALTY NC, LLC FAY.
List Price
$62,500
Sold Price
$62,500
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5793630.82%

Purchase Details

Closed on
Oct 5, 2007
Sold by
Gillis Development Corporation Inc
Bought by
Wilkerson Christopher A and Wilkerson Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,755
Interest Rate
6.44%
Mortgage Type
VA
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 Type Sale Price Title Company
Warranty Deed $450,000 None Listed On Document
Warranty Deed $62,500 None Listed On Document
Warranty Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 VA
Previous Owner $238,466 VA
Previous Owner $242,471 VA
Previous Owner $242,755 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 Sold $450,000 +620.0% $204 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
12/12/2024 12/12/24 Sold $62,500 -86.1% $34 / Sq Ft
11/01/2024 11/01/24 For Sale $450,000 +620.0% $204 / Sq Ft
10/27/2024 10/27/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $62,500 -- $34 / Sq Ft
Source: Longleaf Pine REALTORS®

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 $2,169 $241,000 $11,600 $229,400
2023 $1,846 $191,000 $10,700 $180,300
2022 $1,880 $191,000 $10,700 $180,300
2021 $1,906 $191,000 $10,700 $180,300
2020 $1,903 $190,800 $10,500 $180,300
2018 $1,752 $198,800 $10,700 $188,100
2017 $1,820 $198,800 $10,700 $188,100
2016 $1,826 $198,800 $10,700 $188,100
2015 $1,825 $198,800 $10,700 $188,100
2014 $1,825 $198,800 $10,700 $188,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 733925

Longleaf Pine REALTORS®

APN: 0903-01-00701A