NOT LISTED FOR SALE

1877 Fairfield Rd Mount Gilead, NC 27306

Estimated Value: $462,000 - $501,000

0.7 Acre
$695,239 Price per Acre
30,492 Sq Ft Lot

Last Sold January 20, 2021

Last sale price $20,000

Est. 2,333% increase in value since last sale

Current estimated payment $2,776/month

429 Days on Market

Highlights

  • Access To Lake
  • Community Lake
  • Wooded Lot
  • Gated Community
  • Clubhouse
  • Tennis Courts

About This Lot

As of January 2021

It Perks!!! New septic permit for a 3BR pump to conventional system has been issued by Montgomery County. Wooded combined double lot (treated as one lot for dues assessment) on Fairfield Road in Woodrun. Slope would allow a basement or partial basement home to be constructed. Water meter & temporary power pole are already installed on the lot. Bring your builder and get started on your vacation or dream home. Woodrun is a gated residential community on the shore of Badin Lake. Amenities include swimming pool, clubhouse, boat docks (leased and day-use), boat launch, boat storage, tennis courts, walking trails, and more. Woodrun is adjacent to the Uwharrie National Forest, and outdoor playground for hunting, hiking, 4-wheeling, horseback riding, etc.

Last Agent to Sell the Property

Greg Adams

Reeves Realty & Associates License #275064 Listed on: 08/26/2019

Reeves Realty & Associates

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $34 Monthly HOA Fees

Additional Features

  • Wooded Lot
  • Crawl Space
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 6587-10-46-6707

Community Details

Overview

  • Woodrun Tillery Assoc Association, Phone Number (910) 439-5214
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Trails
  • Access To Lake

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$34 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.80000
  • Ratio Close Price By Original Li: 0.80000
  • Ratio Current Price By Acre: 28571.43
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • H O A Management Phone: 910-439-5214

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: Septic Needed
  • Water: Public Water

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Lake, Lake Access, Playground, Security, Tennis Court(s), Walking Trails
  • Association Fee: 412.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Woodrun Tillery Assoc
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 174*170
  • Lot Features: Sloping, Wooded
  • Parcel Number: 6587-10-46-6707
  • Zoning Specification: Res
  • Plat Book Slide: A/664
  • Wooded Acres: 0.70

Tax Info

  • Tax Value: 11900.00
  • Tax Location: Mount Gilead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Jan 18, 2021
Sold by
Grindstaff John and Grindstaff Ann
Bought by
Padgett Joel Christopher and Padgett Emily Catherine
Seller's Agent
Greg Adams
Reeves Realty & Associates
Buyer's Agent
Non Member
Canopy Administration
List Price
$25,000
Sold Price
$20,000
Premium/Discount to List
-$5,000
-20%
Current Estimated Value
$486,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,667
Avg. Annual Appreciation
95.26%

Purchase Details

Closed on
Apr 10, 2017
Sold by
Adams Gregory S and Adams Sherry P
Bought by
Grindstaff John and Grindstaff Ann

Purchase Details

Closed on
Aug 2, 2016
Sold by
Lampi James Arthur
Bought by
Adams Gregory S and Adams Sherry P

Purchase Details

Listed on
May 21, 2014
Closed on
Sep 11, 2014
Sold by
Adams Gregory S and Adams Sherry P
Bought by
Lampi James Arthur
Seller's Agent
Greg Adams
Reeves Realty & Associates
Buyer's Agent
Greg Adams
Reeves Realty & Associates
List Price
$11,900
Sold Price
$11,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.53%
Original Mortgage
$9,900
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2014
Sold by
Mcnees Walter J and Mcnees Betty C
Bought by
Adams Gregory S and Adams Sherry P

Purchase Details

Closed on
Oct 27, 2008
Sold by
Mcnees Walter J
Bought by
Mcnees Walter J
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 Buyer Sale Price Title Company
Padgett Joel Christopher $20,000 None Available
Grindstaff John $4,500 None Available
Adams Gregory S -- Attorney
Lampi James Arthur $12,000 None Available
Adams Gregory S $1,000 None Available
Mcnees Walter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lampi James Arthur $9,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2021 01/20/21 Sold $20,000 -20.0% --
10/28/2020 10/28/20 Pending -- -- --
08/26/2019 08/26/19 For Sale $25,000 +110.1% --
09/11/2014 09/11/14 Sold $11,900 0.0% -- View Prior Sale
09/03/2014 09/03/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $11,900 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $2,181 $332,964 $24,500 $308,464
2024 $2,181 $332,964 $24,500 $308,464
2023 $2,201 $336,099 $24,500 $311,599
2022 $160 $24,500 $24,500 $0
2021 $160 $24,500 $24,500 $0
2020 $160 $24,500 $24,500 $0
2018 $79 $11,900 $11,900 $0
2017 $79 $11,900 $11,900 $0
2016 $79 $11,900 $11,900 $0
2015 $73 $11,900 $0 $0
2014 $73 $11,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3543920

Canopy MLS (Canopy Realtor® Association)

APN: 6587-10-46-6707