NOT LISTED FOR SALE

1798 Broken Rd Bailey, NC 27807

Estimated Value: $519,836

53 Acres
$9,808 Price per Acre
2,308,680 Sq Ft Lot

Last Sold October 10, 2023

Last sale price $500,000

Est. 4% increase in value since last sale

Current estimated payment $2,760/month

385 Days on Market

Highlights

  • 53 Acre Lot
  • Wooded Lot
  • Level Lot

About This Lot

As of October 2023

Excellent location, property is located within the triangle created by 64, 264, and I-95. Access to Raleigh, Rocky Mount and Wilson. All structures on the property are sold as is where is. Property has a very good well previously used to irrigate.This is a rare opportunity to acquire before the area explodes. Make an offer!! Seller will consider all reasonable offers! Seller may consider some owner financing!

Last Agent to Sell the Property

Pamela Mundra

Century 21 Triangle Group License #141429 Listed on: 08/04/2022

Century 21 Triangle Group

Last Buyer's Agent

Pamela Mundra

Vicki Berry Realty

Property Details

Property Type

  • Land

Lot Details

  • 53 Acre Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Bailey Elementary School
  • Southern Nash Middle School
  • Southern Nash High School

Utilities

  • Well
  • Septic Needed

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Subdivision Name: Not in a Subdivision
  • Water Source Well: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Vegetation Cleared2: Yes
  • General Property Information Lot Size Acres: 53.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 53.0
  • Lot Features:Level: Yes

Utilities

  • Utilities: None
  • Water Source: Well

Schools

  • Ninth Grade High School: Nash - Southern Nash
  • Middle Or Junior School: Nash - Southern Nash

Lot Info

  • Lot Size Sq Ft: 2308680.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Nash - Bailey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 5, 2023
Sold by
Farabow Amy Louise
Bought by
Image Designs Ink Llc
Seller's Agent
Pamela Mundra
Century 21 Triangle Group
Buyer's Agent
Pamela Mundra
Century 21 Triangle Group
List Price
$674,900
Sold Price
$500,000
Premium/Discount to List
-$174,900
-25.91%
Views
122
Current Estimated Value
$519,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,836
Original Mortgage
$400,000
Outstanding Balance
$392,296
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2023
Sold by
Finch Daniel R and Finch Amy L
Bought by
Triangle East Timber Company Inc
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Image Designs Ink Llc $500,000 None Listed On Document
Triangle East Timber Company Inc $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Image Designs Ink Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $500,000 -- --
10/10/2023 10/10/23 Sold $500,000 -16.5% --
10/10/2023 10/10/23 Price Changed $599,000 -4.2% --
08/24/2023 08/24/23 Pending -- -- --
09/08/2022 09/08/22 Price Changed $625,000 -7.4% --
08/04/2022 08/04/22 For Sale $674,900 -- --
Source: Doorify 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
2023 $434 $40,190 $0 $0
2022 $434 $40,190 $0 $0
2021 $434 $40,190 $0 $0
2020 $424 $40,190 $0 $0
2019 $424 $40,190 $0 $0
2018 $424 $113,750 $0 $0
2017 $424 $40,190 $0 $0
2015 $464 $45,540 $0 $0
2014 $435 $45,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2466475

Doorify MLS

APN: 2786-00-53-5841U