NOT LISTED FOR SALE

2557 Lamont Norwood Rd Fearrington, NC 27312

Baldwin Neighborhood

Estimated Value: $197,362

2.41 Acres
$81,893 Price per Acre
104,980 Sq Ft Lot

Last Sold October 02, 2023

Last sale price $190,000

Est. 4% increase in value since last sale

Current estimated payment $1,139/month

47 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.41 Acre Lot
  • Brush Vegetation
  • Margaret B. Pollard Middle School Rated A-
  • Heavily Wooded Lot
  • Level Lot

About This Lot

As of October 2023

Over 2.4 acres close to Chapel Hill in the northern part of Chatham County. 2.5 miles to the Chatham Grove Elementary School. 8 miles to UNC. A new, modern 4 bedroom septic permit available for buyers to use. No time frame required to build. No HOA fees or rules. South facing to road frontage on Lamont Norwood Road which is a paved public road. Incredibly fast high speed fiber optic internet on site. (Gigabit) A driveway is cut. There is a very private house site with hardwood trees surrounding the building envelope. Review on the septic permit. It borders an abandoned stagecoach road, which moved folks all over NC in times past. All properties neighboring the lot have homes. The property is well marked, please walk it before you miss the deep woods.

Last Agent to Sell the Property

Don Basnight

Weaver Street Realty & Auction License #153038 Listed on: 07/20/2023

Last Buyer's Agent

Don Basnight

Weaver Street Realty & Auction License #153038 Listed on: 07/20/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $773

Lot Details

  • 2.41 Acre Lot
  • Lot Dimensions are 357x111x220x173x361
  • Brush Vegetation
  • Level Lot
  • Cleared Lot
  • Heavily Wooded Lot

Parking

  • Driveway

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well Required
  • Conventional Septic
  • Perc Test On File For Septic Tank
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$773

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 357x111x220x173x361
  • General Property Information Horse YN2: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Vegetation Cleared2: Yes
  • Vegetation Heavily Wooded: Yes
  • Water Source Need Well: Yes
  • Vegetation Brush: Yes
  • Sewer Perc Test On File: Yes
  • Lot Features Driveway2: Yes
  • Sewer Conventional3: Yes
  • General Property Information Lot Size Square Feet2: 104979.0
  • General Property Information Lot Size Acres: 2.41
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 2.41
  • Lot Features:Wooded: Yes
  • Lot Features:Level: Yes
  • Lot Features:Sloped: Yes

Utilities

  • Utilities: Electricity Available, Phone Available, None
  • Water Source: Need Well

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Dimensions: 357x111x220x173x361
  • Lot Size Sq Ft: 104979.0
  • ResoLotSizeUnits: Acres
  • Wooded Area: 2.5
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Chatham - Chatham Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Sep 26, 2023
Sold by
Basnight Don and Basnight Mary Virigina
Bought by
Ragland John P and Ragland Sheila W
Seller's Agent
Don Basnight
Weaver Street Realty & Auction
Buyer's Agent
Don Basnight
Weaver Street Realty & Auction
List Price
$215,000
Sold Price
$190,000
Premium/Discount to List
-$25,000
-11.63%
Views
18
Current Estimated Value
$197,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,362
Avg. Annual Appreciation
0.37%
Original Mortgage
$140,000
Outstanding Balance
$73,708
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Estimated Equity
$117,601

Purchase Details

Closed on
Nov 3, 2006
Sold by
Lewis Charles E and Lewis Lisa P
Bought by
Miller Lee P and Miller Beverly A

Purchase Details

Closed on
Apr 24, 2006
Sold by
Mac Development Llc
Bought by
Lewis Charles E and Lewis Lisa P

Purchase Details

Closed on
Dec 21, 2005
Sold by
Basnight Dorothy
Bought by
Basnight Don and Holler Mary Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,930
Interest Rate
6.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Ragland John P $190,000 None Listed On Document
Miller Lee P $400,000 None Available
Lewis Charles E $40,000 None Available
Basnight Don $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ragland John P $140,000
Previous Owner Basnight Don $17,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $190,000 -- --
10/02/2023 10/02/23 Sold $190,000 0.0% --
09/05/2023 09/05/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $190,000 -11.6% --
07/20/2023 07/20/23 For Sale $215,000 -- --
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 $773 $90,573 $90,573 $0
2023 $709 $90,573 $90,573 $0
2022 $709 $90,573 $90,573 $0
2021 $700 $90,573 $90,573 $0
2020 $557 $71,580 $71,580 $0
2019 $557 $71,580 $71,580 $0
2018 $0 $71,580 $71,580 $0
2017 $523 $71,580 $71,580 $0
2016 $527 $71,580 $71,580 $0
2015 $519 $71,580 $71,580 $0
2014 $508 $71,580 $71,580 $0
2013 -- $71,580 $71,580 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Don Basnight

    Weaver Street Realty & Auction

    (919) 270-3247

    4 in this area

    20 Total Sales

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Map

Source: Doorify MLS

MLS Number: 2522673

Doorify MLS

APN: 0083100

North Carolina Chatham County 27312 Baldwin

2557 Lamont Norwood Rd, NC

This home is located at 2557 Lamont Norwood Rd, Fearrington, NC 27312 since 20 July 2023 and is currently estimated at $197,362. 2557 Lamont Norwood Rd is a home located in Chatham County with nearby schools including Margaret B. Pollard Middle School, Northwood High, and Holy Youth Christian Academy.

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