Seller's Agent in 2024
Bobby Spivey
National Land Realty Central NC MLS LLC
(704) 995-7192
28 Total Sales
20806 Coley Store Rd Locust, NC 28097
Estimated Value: $294,000 - $2,211,000
188
Acres
$7,882
Price per Acre
8,199,298
Sq Ft Lot
Highlights
- Wooded Lot
- Level Lot
- Crops
- Locust Elementary School Rated A-
About This Lot
As of May 2024Welcome to a truly exceptional real estate opportunity in Locust, NC. This picturesque property encompasses a sprawling 188+/- acres, offering a blend of natural beauty and investment potential. Situated on both sides of Coley Store Road, this land is divided into 39+/- acres to the north and 146+/- acres to the south (over 1/2 mile of frontage on Coley Store Rd). There is a charming tenant-occupied farmhouse that adds a touch of history and character to the property. Sold "as-is," the farmhouse presents an opportunity for renovation and customization to your liking. Approximately 60 acres of fertile, open agricultural fields and 120+/- acres are graced with a lush canopy of timber, insuring both a harmonious coexistence with nature and a potential source of income from timber harvesting. The property is a haven for whitetail deer and turkey. There is a 1.75+/- acre farm pond. The AG fields are leased to a local farmer year to year. The farmer is open to continuing. Enrolled in PUV.
Last Listed By
National Land Realty Central NC MLS LLC Brokerage Email: Bspivey@NationalLand.com License #197369 Listed on: 10/11/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,033
Year Built
- 1940
Lot Details
- Property fronts a state road
- Level Lot
- Wooded Lot
- Possible uses of the property include Agricultural, Cattle, Dairy, Development, Farm, Horses, Residential, Subdevelopment
- Property is zoned RA
Additional Features
- Crops
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 5586-01-45-6657
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2023
Closed on
May 23, 2024
Sold by
Mary Ella Treece Revocable Trust and Treece Max E
Bought by
Sunshine Green Farms Llc
Seller's Agent
Bobby Spivey
National Land Realty Central NC MLS LLC
Buyer's Agent
BK Kilaru
Ram Realty LLC
List Price
$2,224,900
Sold Price
$1,911,000
Premium/Discount to List
-$313,900
-14.11%
Total Days on Market
123
Views
101
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$427,405
Avg. Annual Appreciation
-21.98%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sunshine Green Farms Llc | $1,911,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2024 05/23/24 | Sold | $1,911,000 | -14.1% | $1,715 / Sq Ft |
| 10/11/2023 10/11/23 | For Sale | $2,224,900 | -- | $1,997 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,033 | $143,493 | $92,475 | $51,018 |
| 2023 | $1,033 | $143,493 | $92,475 | $51,018 |
| 2022 | $1,130 | $143,493 | $92,475 | $51,018 |
| 2021 | $1,128 | $143,493 | $92,475 | $51,018 |
| 2020 | $1,026 | $121,311 | $81,889 | $39,422 |
| 2019 | $1,031 | $121,311 | $81,889 | $39,422 |
| 2018 | $102 | $121,311 | $81,889 | $39,422 |
| 2017 | $946 | $121,311 | $81,889 | $39,422 |
| 2016 | $907 | $119,315 | $82,232 | $37,083 |
| 2015 | $987 | $119,315 | $82,232 | $37,083 |
| 2014 | $887 | $119,315 | $82,232 | $37,083 |
Source: Public Records
Agents Affiliated with this Home
-
Bobby Spivey
-
Jeff Patterson
J
Seller Co-Listing Agent in 2024
Jeff Patterson
National Land Realty Central NC MLS LLC
(828) 748-7440
14 Total Sales
-
BK Kilaru
Buyer's Agent in 2024
BK Kilaru
Ram Realty LLC
(704) 460-4704
49 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4077681
APN: 5586-01-45-6657
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