NOT LISTED FOR SALE

2432 Jeffress Rd Mills River, NC 28759

Estimated Value: $609,000

0.83 Acre
$733,735 Price per Acre
36,155 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $525,000 $429 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,368/month

1,166 Days on Market

About This Lot

As of March 2021

Excellent retail development opportunity at signalized intersection! Located across from new Ingles; corner lot with public water, sewer, & natural gas (public water, sewer, & fire hydrant just completed - ask listing agent re: utility agreement with neighbor). Additional land available (at added cost). Potentially up to 2.2 acres assembled & awaiting a developer to prep this site for a national credit tenant (pharmacy, fast food, etc.) or branded buyer.

Last Agent to Sell the Property

Mark Morris

NAI Allen Tate Beverly-Hanks Commercial License #C27053 Listed on: 03/06/2017

NAI Allen Tate Beverly-Hanks Commercial

Last Buyer's Agent

Scott McElrath

H Scott & Associates License #269364

Property Details

Property Type

  • Land

Lot Details

  • Corner Lot
  • Property is zoned Commercial

Listing and Financial Details

  • Assessor Parcel Number 9631694568 & 4639

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Unimproved Commercial
  • Ratio Close Price By List Price: 0.91304
  • Ratio Close Price By Original Li: 0.75540
  • Ratio Current Price By Acre: 632530.12
  • Restrictions: No Representation
  • Habitable Residence Yn: Yes
  • Special Features: None

Exterior Features

  • Publically Maintained Road: Yes
  • Cleared Acres: 0.83

Utilities

  • Sewer: City Sewer
  • Water: City Water

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 0.83
  • Lot Features: Corner Lot
  • Lot Size Area: 0.830
  • Parcel Number: 9631694568 & 4639
  • Zoning: Commercial
  • Zoning Specification: MR-MU
  • Plat Reference Section Pages: 274 & 59
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 114600.00
  • Tax Amount Ncm: 114600.00
  • Tax Location: Mills River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2024
Sold by
Norvell Development Llc
Bought by
Wmg Acquisitions Llc
Current Estimated Value
$609,000

Purchase Details

Closed on
Nov 14, 2020
Sold by
Keith Mary Catherine
Bought by
Norvell Development Llc
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
Wmg Acquisitions Llc $800,000 None Listed On Document
Norvell Development Llc $515,000 None Available
Norvell Development Llc $515,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $525,000 -8.7% $429 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
09/20/2019 09/20/19 Price Changed $575,000 0.0% $469 / Sq Ft
09/20/2019 09/20/19 For Sale $575,000 +9.5% $469 / Sq Ft
09/13/2019 09/13/19 Off Market $525,000 -- --
03/14/2019 03/14/19 For Sale $595,000 +13.3% $486 / Sq Ft
02/28/2019 02/28/19 Off Market $525,000 -- --
09/06/2018 09/06/18 For Sale $595,000 +13.3% $486 / Sq Ft
08/31/2018 08/31/18 Off Market $525,000 -- --
03/06/2017 03/06/17 For Sale $695,000 -- $567 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $600 $72,700 $72,700 $0
2023 $600 $139,300 $72,700 $66,600
2022 $665 $118,500 $69,300 $49,200
2021 $694 $123,700 $74,500 $49,200
2020 $694 $123,700 $0 $0
2019 $694 $123,700 $0 $0
2018 $495 $87,600 $0 $0
2017 $495 $87,600 $0 $0
2016 $495 $87,600 $0 $0
2015 -- $87,600 $0 $0
2014 -- $87,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3257929

Canopy MLS (Canopy Realtor® Association)

APN: 9941859