NOT LISTED FOR SALE

2387 Red Mountain Rd Mangum, NC 27572

Estimated Value: $629,803

142.93 Acres
$4,406 Price per Acre
6,226,030 Sq Ft Lot

Last Sold August 20, 2021

Last sale price $525,000

Est. 20% increase in value since last sale

Current estimated payment $3,461/month

635 Days on Market

Highlights

  • 142.93 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Mangum Elementary School Rated 9+
  • Grass Field

About This Lot

As of August 2021

Fantastic 142 acres on the border of Durham and Person counties. 131 acres in Durham county with the remainder in Person county. Property includes open fields, streams, and wooded areas. The acreage in Durham county has a deed of conservation easement. Would be great for farming or ecotourism. The remaining acreage in Person county could be a potential location for a single family residence.

Last Agent to Sell the Property

Nicholas Yarrington

Grow Local Realty, LLC License #238601 Listed on: 09/03/2019

Co-Listed By

Rino Viskovich

Grow Local Realty, LLC License #208257

Last Buyer's Agent

John Whaley

Frasher Whaley Realty Group License #262351

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $432

Lot Details

  • 142.93 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot

Schools

  • Mangum Elementary School
  • Lucas Middle School
  • Northern High School

Horse Facilities and Amenities

  • Grass Field

Utilities

  • Well Required
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$432

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Easement, Private Road
  • Road Surface Type: Unimproved
  • Co List Office Mls Id: 72924
  • Co List Office Phone: 919-830-5233
  • Subdivision Name: Not in a Subdivision
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Vegetation Cleared2: Yes
  • Water Source Need Well: Yes
  • Vegetation Grassed: Yes
  • Road Frontage Type Easement: Yes
  • General Property Information Lot Size Acres: 142.93
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 142.93
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: None
  • Water Source: Need Well

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Lucas

Lot Info

  • Lot Size Sq Ft: 6226030.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Mangum

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Aug 18, 2021
Sold by
Poole Russell Patricia Kay
Bought by
Stoner Brian R and Lee Stoner Sharow
Seller's Agent
Nicholas Yarrington
Grow Local Realty, LLC
Buyer's Agent
John Whaley
Frasher Whaley Realty Group
List Price
$600,000
Sold Price
$525,000
Premium/Discount to List
-$75,000
-12.5%
Current Estimated Value
$629,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,803
Avg. Annual Appreciation
4.05%
Original Mortgage
$393,700
Outstanding Balance
$338,834
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$277,497
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
Stoner Brian R $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoner Brian R $393,700
Previous Owner Russell Patricia P $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $525,000 -- --
08/20/2021 08/20/21 Sold $525,000 -9.4% --
05/30/2021 05/30/21 Pending -- -- --
04/23/2021 04/23/21 Price Changed $579,500 -0.1% --
04/01/2021 04/01/21 Price Changed $580,000 -1.7% --
08/11/2020 08/11/20 Price Changed $589,900 -1.6% --
08/06/2020 08/06/20 Price Changed $599,300 0.0% --
07/06/2020 07/06/20 Price Changed $599,400 -0.1% --
09/03/2019 09/03/19 For Sale $600,000 -- --
Source: Doorify 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 $432 $404,444 $404,444 $0
2023 $258 $404,444 $404,444 $0
2022 $395 $48,164 $48,164 $0
2021 $395 $48,164 $48,164 $0
2020 $391 $48,164 $48,164 $0
2019 $391 $48,164 $48,164 $0
2018 $392 $44,697 $44,697 $0
2017 $387 $44,697 $44,697 $0
2016 $375 $44,697 $44,697 $0
2015 $328 $36,833 $36,833 $0
2014 $328 $36,833 $36,833 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Yarrington

    Seller's Agent in 2021

    Nicholas Yarrington

    Grow Local Realty, LLC

    (910) 639-4890

    485 Total Sales

    Nicholas Yarrington
    Section Image
  • Rino Viskovich

    Seller Co-Listing Agent in 2021

    Rino Viskovich

    Grow Local Realty, LLC

    (910) 315-1888

    208 Total Sales

    Rino Viskovich
    Section Image
  • John Whaley

    Buyer's Agent in 2021

    John Whaley

    Frasher Whaley Realty Group

    (919) 475-3891

    89 Total Sales

    John Whaley
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2276383

Doorify MLS

APN: 190834

North Carolina Durham County 27572

2387 Red Mountain Rd, NC

This home is located at 2387 Red Mountain Rd, Mangum, NC 27572 since 03 September 2019 and is currently estimated at $629,803. 2387 Red Mountain Rd is a home located in Durham County with nearby schools including Mangum Elementary School, Lucas Middle School, and Northern High School.

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