NOT LISTED FOR SALE

2396 Farrington Rd Apex, NC 27523

Estimated Value: $381,000 - $666,000

2 Beds
1 Bath
1,188 Sq Ft
$408/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $225,000 $189 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,749/month

18 Days on Market

Highlights

  • No HOA
  • Rustic Architecture
  • 1-Story Property
  • North Chatham Elementary School Rated A-
  • Window Unit Cooling System
  • Private Driveway

About This Home

As of July 2021

Great Location Near Jordan Lake and Crosswinds Marina. 1.28 acres with lots of road frontage. 3 bedroom septic system installed in 2014 is not hooked to the house but is installed. There are 2 wells on the property, an old hand dug well and a drilled well. The house is built in the 1940s and was built from the timber that was milled from the property. Power (Duke Energy is hooked to the house but currently not on) The home was lived in 10 years ago. Pine floors under the carpet. Property to be sold As Is.

Last Agent to Sell the Property

Kris Howard

Chatham Homes Realty License #222860 Listed on: 04/24/2021

Last Buyer's Agent

Freddie Johnson

EXP Realty LLC License #314343

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $668

Year Built

  • Built in 1940

Lot Details

  • 1.28 Acre Lot
  • Property is zoned R1

Home Design

  • Rustic Architecture
  • Pillar, Post or Pier Foundation
  • Wood Siding

Interior Spaces

  • 2 Bedrooms
  • 1,188 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry Located Outside

Parking

  • Private Driveway
  • Unpaved Parking

Schools

  • N Chatham Elementary School
  • Margaret B Pollard Middle School
  • Northwood High School

Utilities

  • Window Unit Cooling System
  • No Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$668

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1188.0
  • Architectural Style: Rustic
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Plat
  • General Property Information Association Fee Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Room Types Primary Bedroom Level: M
  • Architectural Style Rustic: Yes
  • Heating None12: Yes
  • General Property Information Above Grade Finished Area: 1188.0
  • General Property Information Carport YN: No
  • Laundry Features Outside2: Yes
  • Foundation Details PillarPostPier: Yes
  • Cooling Window Unit(s): Yes
  • General Property Information Lot Size Square Feet2: 55756.8
  • General Property Information Lot Size Acres: 1.28
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 1.28
  • Construction Type: Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Unpaved
  • Parking Features:Driveway: Yes
  • Parking Features:Unpaved: Yes

Utilities

  • Heating: None
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Chatham - Northwood
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Zoning: R1
  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 55756.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 668.0
  • Tax Year: 2020
  • Tax Map Number: Parcel 17634

MLS Schools

  • Elementary School: Chatham - N Chatham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Jun 30, 2021
Sold by
Lewter Jimmy Ray and Lewter Elizabeth Bryan
Bought by
Smith Scott Charles and Smith Helen Kluttz
Seller's Agent
Kris Howard
Chatham Homes Realty
Buyer's Agent
Freddie Johnson
EXP Realty LLC
List Price
$299,000
Sold Price
$225,000
Premium/Discount to List
-$74,000
-24.75%
Current Estimated Value
$484,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,790
Avg. Annual Appreciation
17.86%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Scott Charles $225,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $225,000 -- --
07/02/2021 07/02/21 Sold $225,000 -10.0% $189 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/07/2021 05/07/21 Price Changed $250,000 -16.4% $210 / Sq Ft
04/24/2021 04/24/21 For Sale $299,000 -- $252 / Sq Ft
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 $2,271 $266,190 $79,000 $187,190
2023 $1,139 $224,126 $79,000 $145,126
2022 $1,139 $129,548 $79,000 $50,548
2021 $1,126 $129,548 $79,000 $50,548
2020 $669 $69,898 $54,285 $15,613
2019 $669 $69,898 $54,285 $15,613
2018 $636 $69,898 $54,285 $15,613
2017 $636 $69,898 $54,285 $15,613
2016 $615 $66,570 $51,700 $14,870
2015 $608 $66,570 $51,700 $14,870
2014 $598 $66,570 $51,700 $14,870
2013 -- $66,570 $51,700 $14,870
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2379892

Doorify MLS

APN: 17634