$875,000
SOLD NOV 25, 2024

202 Bailey Rd Advance, NC 27006

4 Beds
2.5 Baths
2,492 Sq Ft
6.61 Acres

Recently Sold

$351 Per Sq Ft

3% Above List Price

7 Days on Market

Highlights

  • Lake Front
  • Horses Allowed On Property
  • Home fronts a pond
  • Shady Grove Elementary School Rated A-
  • In Ground Pool
  • Lake On Lot

About This Home

As of November 2024

Cherished Family Home, Ready for New Memories. This unique property isn't just a house, it's a testament to love, laughter, and the beautiful chaos of family life.The open floor plan creates a seamless flow for everyday living and entertaining, with plenty of room for family gatherings and cozy nights in. Step outside and discover a saltwater pool, perfect for refreshing swims. The entire property is a haven for outdoor play, with a swing set and plenty of space to run and explore. Inside, you'll find durable finishes that can withstand pets. Wander through the natural woodlands surrounding the property, where the calming sounds of nature will soothe your soul. Host Unforgettable Gatherings. The charming guest cottage provides a welcoming space for friends and family. A one bedroom, one bath apartment has a full kitchen, living room, laundry room, exercise room, and an oversized two car garage. This exceptional property offers the perfect blend of privacy on 6.5 Acres. Agent Related

Last Agent to Sell the Property

Amanda Cranfill

Hillsdale Real Estate Group License #179793 Listed on: 09/13/2024

Last Buyer's Agent

Alison Vannoy

Southern Signature Properties License #285107

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,393

Year Built

  • Built in 2006

Lot Details

  • 6.61 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Lake Front
  • Rural Setting
  • Fenced
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 5 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Traditional Architecture
  • Wood Siding
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,492 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Keeping Room with Fireplace
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Laundry

  • Second Washer
  • Dryer Hookup
  • Second Dryer Hookup
  • Second Washer Hookup

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Pond
  • Creek On Lot
  • Stream or River on Lot
  • Lake On Lot
  • Balcony
  • Outdoor Storage
  • Porch

Schools

  • William Ellis Middle School
  • Davie County High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater
  • Satellite Dish

Additional Features

  • 422 SF Accessory Dwelling Unit
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number G90000000403
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,393

Year Built

Built in 2006

Lot Details

0

Parking

5

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 6.614
  • Lot Size: See Survey-6.614 Acres
  • Subdivision Name: None
  • Directions: From Winston-Salem, take I-40W to Exit #180A, Right-Hwy 801-South, Left-Fire Station Rd, Left-Underpass Rd, Right-Bailey Rd, Property on the right with shared concrete driveway. No Sign.
  • Above Grade Finished Sq Ft: 2492
  • Architectural Style: Traditional
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_SecondLQHeatedFinished Sq Ft: 422
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_SecondLQAttachedYN: No
  • TRIADMLS_LandDescription: Creek, Fence(s), Lake, Lake View, Natural Land, Partially Wooded, Pond, Remarks, Rolling, Rural, Secluded Lot, Stream
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Slide-In Oven/Range, Range Hood, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Guest Quarters, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Vaulted Ceiling(s)
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Fireplace Features: Gas Log, Great Room, Keeping Room, Kitchen
  • Fireplaces: 2
  • Living Area: 2492
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Balcony, Garden
  • Fencing: Fenced
  • Lot Features: Horses Allowed, Natural Land, Partially Wooded, See Remarks, Rolling Slope, Rural, Secluded
  • Pool Features: In Ground, Private
  • Waterfront Features: Creek, Lake, Pond, Stream
  • Construction Type: Stone, Vinyl Siding, Wood Siding
  • Other Structures: Gazebo, Storage
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 5
  • Parking Features: Driveway, Garage, Paved, See Remarks, Garage Door Opener, Attached Carport, Attached, Detached
  • Garage Description: Attached Carport, Attached Garage, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: 2nd Dryer Connection, 2nd Washer Connection, Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Shady Grove
  • High School: Davie County
  • Middle Or Junior School: William Ellis

Lot Info

  • Parcel #: G90000000403
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 2393
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Nov 24, 2024
Sold by
Miller Jake S and Miller Allison S
Bought by
Mcgowan Michael and Mcgowan Vesna
Seller's Agent
Amanda Cranfill
Hillsdale Real Estate Group
Buyer's Agent
Alison Vannoy
Southern Signature Properties
List Price
$850,000
Sold Price
$875,000
Premium/Discount to List
$25,000
2.94%
Views
10
Current Estimated Value
$844,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,962
Avg. Annual Appreciation
-3.80%
Original Mortgage
$870,000
Outstanding Balance
$861,501
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
-$17,463

Purchase Details

Closed on
Sep 18, 2024
Sold by
Miller Jake S and Miller Allison S
Bought by
Miller James Richard and Miller Debbie Burton

Purchase Details

Closed on
Dec 18, 2019
Sold by
Miller Jake S and Miller Allison S
Bought by
Miller Jake S and Miller Allison S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2003
Source: Public Records

Range of Values:

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Average Value
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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 $870,000 None Listed On Document
Warranty Deed $870,000 None Listed On Document
Warranty Deed $870,000 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $870,000 New Conventional
Closed $870,000 New Conventional
Previous Owner $110,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2024 11/25/24 Sold $875,000 +2.9% $351 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $850,000 -- $341 / Sq Ft
Source: Triad 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
2025 $2,712 $380,310 $66,640 $313,670
2024 $2,393 $300,050 $34,880 $265,170
2023 $2,393 $300,050 $34,880 $265,170
2022 $2,393 $300,050 $34,880 $265,170
2021 $2,393 $300,050 $34,880 $265,170
2020 $2,380 $296,570 $34,880 $261,690
2019 $2,380 $296,570 $34,880 $261,690
2018 $2,307 $296,570 $34,880 $261,690
2017 $2,278 $296,570 $0 $0
2016 $2,391 $311,270 $0 $0
2015 $2,391 $311,270 $0 $0
2014 $2,054 $311,270 $0 $0
2013 -- $311,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1155798

Triad MLS

APN: G9-000-00-004-03