NOT LISTED FOR SALE

2048 S Main St Graham, NC 27253

Estimated Value: $2,418,222

5.57 Acres
$434,151 Price per Acre
242,629 Sq Ft Lot

Last Sold November 18, 2019

Last sale price $275,000

Est. 779% increase in value since last sale

Current estimated payment $12,829/month

476 Days on Market

About This Lot

As of November 2019

Great Opportunity For Developer. Land Was Previously Approved For 32 Unit Townhome Community With City Water And Sewer Available. Engineering Work With Survey On File. Rear Of Property In A Flood Plain But Does Not Affect Area To Be Developed. Very Convenient To Interstate.

Last Agent to Sell the Property

Jane Blythe

Blythe Real Estate Services License #204011 Listed on: 04/09/2018

Last Buyer's Agent

NonMls Agent NonMls Agent

Non Mls Firm

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $99

Lot Details

  • 5.57 Acre Lot
  • Zoning described as rers

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 8882397172

Property Details

Property Type

Land

Est. Annual Taxes

$99

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 5.57
  • Lot Size: 242629
  • Directions: I-85/40 To Hwy 87 South. Property On The Left.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement YN: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Size Sq Ft: 242629.0
  • Parcel #: 8882397172
  • Zoning Description: rers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Slippery Elm Properties Llc
Bought by
Lgi Homes-Nc Llc
Current Estimated Value
$2,418,222

Purchase Details

Closed on
Mar 26, 2020
Sold by
Glenwoacf Homes Lc
Bought by
Slippery Elm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 9, 2018
Closed on
Nov 13, 2019
Sold by
Villane Inc
Bought by
Glenwood Homes Llc
Seller's Agent
Jane Blythe
Blythe Real Estate Services
Buyer's Agent
NonMls Agent NonMls Agent
Non Mls Firm
List Price
$350,000
Sold Price
$275,000
Premium/Discount to List
-$75,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.46%
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
Lgi Homes-Nc Llc $2,400,000 None Listed On Document
Slippery Elm Properties Llc -- None Available
Glenwood Homes Llc $275,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slippery Elm Properties Llc $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2019 11/18/19 Sold $275,000 -21.4% --
07/29/2019 07/29/19 Pending -- -- --
04/09/2018 04/09/18 For Sale $350,000 -- --
Source: Alamance Multiple Listing Service

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 $99 $20,100 $20,100 $0
2024 $435 $92,830 $92,830 $0
2023 $401 $92,830 $92,830 $0
2022 $758 $68,836 $68,836 $0
2021 $765 $68,836 $68,836 $0
2020 $521 $68,836 $68,836 $0
2019 $523 $68,836 $68,836 $0
2018 $0 $68,836 $68,836 $0
2017 $459 $68,836 $68,836 $0
2016 $384 $57,383 $56,293 $1,090
2015 $383 $57,383 $56,293 $1,090
2014 $354 $57,383 $56,293 $1,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 99319

APN: 142973