$51,500
SOLD APR 24, 2024

1986 Sheldon Rd Bailey, NC 27807

1.19 Acres
$43,277 Price per Acre
51,836 Sq Ft Lot

Recently Sold

13% Below List Price

4 Days on Market

Highlights

  • Lake On Lot
  • Lake View
  • Corner Lot

About This Lot

As of April 2024

Beautiful corner residential lot with light restrictions and HOA (Pearson Heritage), bordering Pearson Heritage Lake. Has county water and buyer must install private septic system.

Last Agent to Sell the Property

Tony Stone

Stone Auction & Realty License #42404 Listed on: 03/13/2024

Last Buyer's Agent

Tony Stone

Stone Auction & Realty License #42404 Listed on: 03/13/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $185

Lot Details

  • 1.19 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Finished Lot(s)
  • Property is zoned R40

HOA Fees

  • $33 Monthly HOA Fees

Schools

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

Additional Features

  • Lake Views
  • Septic Needed

Community Details

Overview

  • Pearson Heritage Association, Phone Number (252) 469-9546
  • Pearson Heritage Subdivision

Recreation

  • No Personal Watercraft
  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$185

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Prop. Type: Land
  • Horses: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Pearson Heritage
  • General Property Information Association Phone: 252-469-9546
  • General Property Information Senior Community YN: No
  • General Property Information Horse YN2: No
  • Sewer Septic Needed: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • General Property Information Monthly Association Fees2: 33.33
  • Vegetation Cleared2: Yes
  • Utilities Sewer Available: Yes
  • View Lake2: Yes
  • General Property Information Lot Size Square Feet2: 51836.0
  • Lot Water Features No Motor Watercraft: Yes
  • General Property Information Lot Size Acres: 1.19
  • Development Status Finished Lot(s): Yes
  • General Property Information Waterfront YN: No
  • Lot Features Lake on Lot2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Fencing: None
  • Acres: 1.19
  • Waterfront: No
  • Lot Features:Open Lot: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: PEARSON HERITAGE
  • Phone: 252-469-9546
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PEARSON HERITAGE
  • Horse Amenities:None11: Yes
  • General Property Information:Association YN: Yes

Schools

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

Lot Info

  • Zoning: R40
  • Current Use: Residential, Vacant
  • Development Status: Finished Lot(s)
  • Horse Amenities: None
  • Lot Size Sq Ft: 51836.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 184.93
  • Tax Year: 2024
  • Tax Map Number: 278400478552

MLS Schools

  • Elementary School: Nash - Bailey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Bissette Ted Lee and Gupton Clinton Thomas
Bought by
House To Home Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,283
Outstanding Balance
$311,182
Interest Rate
6.99%
Mortgage Type
Construction
Estimated Equity
$191,328

Purchase Details

Listed on
Mar 13, 2024
Closed on
Apr 23, 2024
Sold by
Hugh Harrell Tad and Ramsey Amanda
Bought by
Bissette Ted Lee and Gupton Clinton Thomas
Seller's Agent
Tony Stone
Stone Auction & Realty
Buyer's Agent
Tony Stone
Stone Auction & Realty
List Price
$59,000
Sold Price
$51,500
Premium/Discount to List
-$7,500
-12.71%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
578.23%

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jan 25, 2023
Sold by
Watson Lester Lee and Watson Jacqueline Sauls
Bought by
Harrell Tad H and Harrell Amanda Ramsey
Seller's Agent
Lafan Forbes
The Forbes Real Estate Group
Buyer's Agent
Lafan Forbes
The Forbes Real Estate Group
List Price
$45,000
Sold Price
$42,000
Premium/Discount to List
-$3,000
-6.67%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.03%
Original Mortgage
$33,600
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 25, 2020
Sold by
Ruffin Leroy and Ruffin Frances H
Bought by
Watson Lester Lee and Watson Jacqueline Sauls
Seller's Agent
Lafan Forbes
The Forbes Real Estate Group
Buyer's Agent
Lafan Forbes
The Forbes Real Estate Group
List Price
$33,000
Sold Price
$33,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%

Purchase Details

Closed on
Apr 28, 2005
Sold by
Pearsons Heritage Inc
Bought by
Ruffin Leroy and Ruffin Frances H
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 -- None Listed On Document
Warranty Deed $51,500 None Listed On Document
Warranty Deed $42,000 --
Warranty Deed $33,000 None Available
Warranty Deed $24,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $313,283 Construction
Previous Owner $33,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $499,000 +868.9% $232 / Sq Ft
04/24/2024 04/24/24 Sold $51,500 -12.7% --
03/18/2024 03/18/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $59,000 +40.5% --
01/31/2023 01/31/23 Sold $42,000 -6.7% --
12/16/2022 12/16/22 Pending -- -- --
12/09/2022 12/09/22 For Sale $45,000 +36.4% --
08/27/2020 08/27/20 Sold $33,000 0.0% --
07/01/2020 07/01/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $33,000 -- --
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
2024 $208 $29,750 $29,750 $0
2023 $220 $29,750 $0 $0
2022 $179 $24,990 $24,990 $0
2021 $179 $24,990 $24,990 $0
2020 $179 $24,990 $24,990 $0
2019 $179 $24,990 $24,990 $0
2018 $179 $24,990 $0 $0
2017 $179 $24,990 $0 $0
2015 $179 $24,990 $0 $0
2014 $179 $24,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10016838

Doorify MLS

APN: 2784-00-47-8552