NOT LISTED FOR SALE

Estimated Value: $314,000 - $904,370

40.21 Acres
$18,474 Price per Acre
1,751,548 Sq Ft Lot

Last Sold August 10, 2023

Last sale price $799,000

Est. 7% decrease in value since last sale

Current estimated payment $3,955/month

9 Days on Market

Highlights

  • Horse Facilities
  • Equestrian Center
  • Home fronts a creek
  • Jacobs Fork Middle School Rated A-
  • Barn
  • Lake View

About This Lot

As of August 2023

TOTAL UPGRADE. This unicorn of a horse property has had a complete facelift and is truly a turn-key opportunity for either a horse boarding/training facility, wedding venue or a place for your own happy herd to reside. It is ready to roll, down to the new water buckets and feed tubs already installed in each 12 X 12 fully matted stall, some w/shared runs. Zoned R-40, the property does allow for a business to operate. Features include: new RAMM fencing https://www.rammfence.com/fence/flex-fence-for-horses/525-inch-plus-flex-fence, double fenced around perimeter w/2 solar chargers, 8 paddocks/pastures, round pen, enlarged riding arena, new birthing stall, new stall windows and lights, water line to far paddocks, refurbished barn roof and siding, hot/cold water in new wash stall w/storage area. Remodeled full bath, lounge, feed room, and tack room. Other additions include new attached and dry hay shed, new fishing dock for pond, 2 solar panels, electrical upgrades, new skylights, and fresh paint throughout. Pole barn w/storage.

Last Agent to Sell the Property

Robin Lineberger

Realty One Group Results-Boone Listed on: 03/09/2023

Realty One Group Results-Boone

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Property Details

Property Type

  • Land

Lot Details

  • 40.21 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Property fronts a private road
  • Southern Exposure
  • Property is Fully Fenced
  • Perimeter Fence
  • Level Lot
  • Partially Wooded Lot

Property Views

  • Lake
  • Pasture

Schools

  • Outside Of Area Elementary School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Equestrian Center
  • Stables

Utilities

  • Spring water is a source of water for the property
  • Well
  • Water Heater
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 8
  • Assessor Parcel Number 269802797627

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Facilities
  • Shed
  • Outbuilding

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 40.21
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Property Sub Type Additional: Acreage
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater

Exterior Features

  • Fencing: Fenced, Full, Perimeter
  • Lot Features: Acreage, Level, Pasture, Rolling Slope, Wooded
  • Topography: Level,Rolling,Pasture
  • View: Pasture, Lake, Southern Exposure
  • View: Yes
  • Waterfront Features: Creek, Pond
  • Waterfront: Yes
  • Exterior Features: Horse Facilities, Out Building(s), Storage
  • Other Structures: Barn(s), Outbuilding, Stable(s), Shed(s)

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available, Septic Available
  • Water Source: Spring, Well

Condo/Co-op/Association

  • Community Features: Equestrian Community, Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Outside of Area
  • High School: Out of Area

Lot Info

  • Parcel #: 269802797627
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 3111/92
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2023
Sold by
Light Derek and Light Brooke
Bought by
Delitted Business Services Llc
Current Estimated Value
$742,843

Purchase Details

Listed on
Mar 9, 2023
Closed on
Aug 7, 2023
Sold by
State Of Mind Horse Farm Llc
Bought by
Light Derek
Seller's Agent
Robin Lineberger
Realty One Group Results-Boone
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$799,000
Sold Price
$799,000
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.99%

Purchase Details

Listed on
Mar 18, 2022
Closed on
Apr 18, 2022
Sold by
Ponder Farms Llc
Bought by
State Of Mind Horse Farm Llc
Seller's Agent
Robin Lineberger
Realty One Group Results-Boone
Buyer's Agent
Robin Lineberger
Realty One Group Results-Boone
List Price
$465,000
Sold Price
$450,000
Premium/Discount to List
-$15,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.00%

Purchase Details

Listed on
Sep 26, 2013
Closed on
Dec 12, 2013
Sold by
Bandy John T and Bandy Jennifer M
Bought by
Ponder Farms Llc
Seller's Agent
Marty Mull
Invision Group Inc
Buyer's Agent
Rhonda Petitte-Carsten
NorthGroup Real Estate LLC
List Price
$284,900
Sold Price
$250,000
Premium/Discount to List
-$34,900
-12.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$187,500
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 15, 2011
Closed on
Jan 17, 2012
Sold by
Branch Banking & Trust Company
Bought by
Bandy John T and Bandy Jennifer M
Seller's Agent
Mike Kelly Jr.
Better Homes and Gardens Real Estate Foothills
Buyer's Agent
Marty Mull
Invision Group Inc
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
Sep 13, 2011
Sold by
Cox Fred P and Cox Michelle A
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Dec 29, 2005
Sold by
The Stutesman Family Llc
Bought by
Cox Fred P and Cox Michele A

Purchase Details

Closed on
May 26, 2000

Purchase Details

Closed on
Dec 31, 1999

Purchase Details

Closed on
Sep 23, 1993

Purchase Details

Closed on
Sep 1, 1993

Purchase Details

Closed on
Apr 11, 1983
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delitted Business Services Llc -- None Listed On Document
Light Derek $799,000 None Listed On Document
State Of Mind Horse Farm Llc $450,000 Huffman Gregory D
Ponder Farms Llc $250,000 None Available
Bandy John T $205,000 None Available
Branch Banking & Trust Company $204,000 None Available
Cox Fred P $380,000 None Available
-- -- --
-- -- --
-- -- --
-- $275,000 --
-- $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ponder Farms Llc $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2023 08/10/23 Sold $799,000 0.0% --
03/19/2023 03/19/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $799,000 +77.6% --
04/18/2022 04/18/22 Sold $450,000 -3.2% -- View Prior Sale
03/18/2022 03/18/22 For Sale $465,000 +86.0% --
12/12/2013 12/12/13 Sold $250,000 -12.2% -- View Prior Sale
10/28/2013 10/28/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $284,900 +39.0% --
01/27/2012 01/27/12 Sold $205,000 0.0% -- View Prior Sale
12/20/2011 12/20/11 Pending -- -- --
12/15/2011 12/15/11 For Sale $205,000 -- --
Source: High Country Association of REALTORS®

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 $904 $197,700 $166,800 $30,900
2024 $904 $197,700 $166,800 $30,900
2023 $904 $167,900 $143,300 $24,600
2022 $1,095 $167,900 $143,300 $24,600
2021 $1,070 $167,900 $143,300 $24,600
2020 $1,070 $167,900 $143,300 $24,600
2019 $1,070 $167,900 $0 $0
2018 $1,071 $168,100 $139,500 $28,600
2017 $1,071 $0 $0 $0
2016 $1,071 $0 $0 $0
2015 $1,044 $168,100 $139,500 $28,600
2014 $1,044 $176,500 $142,800 $33,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 242228

High Country Association of REALTORS®

APN: 2698027976270000