NOT LISTED FOR SALE

225 Rakestraw Rd Stoneville, NC 27048

Estimated Value: $400,000 - $474,927

4 Beds
2 Baths
2,200 Sq Ft
$196/Sq Ft Est. Value

Last Sold November 05, 2019

Last sale price $275,000 $125 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,809/month

12 Days on Market

Highlights

  • Horses Allowed On Property
  • Traditional Architecture
  • No HOA
  • Partially Wooded Lot
  • Wood Flooring
  • Porch

About This Home

As of November 2019

OVER 14 ACRES IN THE COUNTY! Imagine weekends front porch sitting at this quiet country escape with low taxes & over 14 acres of property to make your own. Incredible amount of storage and parking space. Natural red oak hardwood floors throughout. Lovely landscaping with stone retaining walls, stone patio and custom fire pit. Maintenance free 24x16 PVC deck. Stone fireplace in den. 2016 Roof, energy efficient windows in 2019. Potential for expansion, basement plumbed for bath. Call for more info today!

Last Agent to Sell the Property

Shaunna Overman

Allen Tate Oak Ridge Commons License #277559 Listed on: 09/24/2019

Last Buyer's Agent

Robin White

Greenway Homes LLC License #283136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,663

Year Built

  • Built in 1978

Lot Details

  • 14.1 Acre Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RA

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,051 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Den with Fireplace
  • Dishwasher
  • Dryer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Additional Features

  • Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 129139
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,663

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 14.1
  • Subdivision Name: None
  • Directions: Traveling NC-770 E/E Main St, Turn left onto Settlement Loop, Turn left onto Rakestraw Rd, Destination will be on the right.
  • Above Grade Finished Sq Ft: 2051
  • Architectural Style: Traditional
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1978
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Dishwasher, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 2051
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Horses Allowed, Partially Cleared, Partially Wooded
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached, Basement
  • Garage Description: Attached Garage, Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Stoneville
  • High School: McMichael
  • Middle Or Junior School: Western Rockingham

Lot Info

  • Parcel #: 129139
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 20921.9858
  • TRIADMLS_DeedPage: 1360
  • TRIADMLS_DeedBook: 982
  • TRIADMLS_AcresRange: 13 - 15

Tax Info

  • Tax Annual Amount: 1663
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Nov 5, 2019
Sold by
Purgason Christopher Todd and Purgason Angela
Bought by
Wilson Ashley O Hair and Wilson Kevin Dwayne
Seller's Agent
Shaunna Overman
Allen Tate Oak Ridge Commons
Buyer's Agent
Robin White
Greenway Homes LLC
Sold Price
$275,000
Current Estimated Value
$467,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,598
Avg. Annual Appreciation
8.08%
Original Mortgage
$253,000
Outstanding Balance
$226,314
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$204,236
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 Buyer Sale Price Title Company
Wilson Ashley O Hair $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Ashley O Hair $253,000
Previous Owner Purgason Christopher T $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2019 11/05/19 Sold $275,000 -- $153 / 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
2024 $2,973 $457,552 $66,517 $391,035
2023 $2,973 $270,897 $38,061 $232,836
2022 $2,154 $270,897 $38,061 $232,836
2021 $2,154 $270,897 $38,061 $232,836
2020 $2,154 $270,897 $38,061 $232,836
2019 $1,820 $228,966 $38,061 $190,905
2018 $1,663 $208,923 $48,175 $160,748
2017 $1,663 $208,923 $48,175 $160,748
2015 $1,680 $208,923 $48,175 $160,748
2014 -- $208,923 $48,175 $160,748
Source: Public Records

Agents Affiliated with this Home

  • Shaunna Overman

    Seller's Agent in 2019

    Shaunna Overman

    Allen Tate Oak Ridge Commons

    (336) 618-7564

    304 Total Sales

    Section Image

  • R

    Buyer's Agent in 2019

    Robin White

    Greenway Homes LLC

    (336) 451-7652

    10 Total Sales

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Map

Source: Triad MLS

MLS Number: 951733

Triad MLS

APN: 129139

North Carolina Rockingham County Stoneville 27048

225 Rakestraw Rd, Stoneville, NC

This home is located at 225 Rakestraw Rd, Stoneville, NC 27048 since 24 September 2019 and is currently estimated at $431,482, approximately $196 per square foot. This property was built in 1978. 225 Rakestraw Rd is a home located in Rockingham County with nearby schools including Stoneville Elementary School, Western Rockingham Middle School, and Dalton McMichael High School.

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