NOT LISTED FOR SALE

2601 Ellis Chapel Rd Bahama, NC 27503

Estimated Value: $493,000 - $520,349

3 Beds
2 Baths
1,900 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $493,000 $259 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,950/month

31 Days on Market

Highlights

  • Horses Allowed On Property
  • Living Room with Fireplace
  • Mud Room
  • Craftsman Architecture
  • Wood Flooring
  • No HOA

About This Home

As of June 2023

Charming 1914 Craftsman house on 5 acres with 2 fenced in pastures. 3 stall barn with feed/tack room and hay loft storage. 3 storage buildings, detached 2 car garage and 1 car carport. Chicken coop with an enclosed and run area. Beautiful original hardwood floors and crown molding. Open living room and eat in kitchen. Island in kitchen, stainless steel appliances, pantry and lots of cabinets. Master bedroom with walk in closet. Master bath has walk in tiled shower. 2nd bedroom has wood burning stove. Laundry room and mudroom. Bring your horses and chickens. Enjoy the beautiful country view from your front porch. Minutes from Lake Michie. This home is a must see!

Last Agent to Sell the Property

Tabitha Wade

Grand Slam Realty License #161446 Listed on: 03/26/2023

Last Buyer's Agent

Nancy Dillard

Fathom Realty NC, LLC License #247677

Fathom Realty NC, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,361

Year Built

  • Built in 1914

Lot Details

  • 5.08 Acre Lot
  • Fenced Yard
  • Open Lot

Parking

  • 2 Car Garage
  • 1 Carport Space

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Mud Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Utility Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Walk-in Shower

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,361

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1914
  • Prop. Type: Residential
  • Horses: Yes
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1900.0
  • Architectural Style: Craftsman
  • 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 Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Hardwood: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Interior Features Shower Only: Yes
  • Architectural Style Craftsman: Yes
  • Room Types Mud Room: Yes
  • General Property Information Horse YN2: Yes
  • General Property Information Above Grade Finished Area: 1900.0
  • General Property Information Carport YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Lot Size Square Feet2: 221284.8
  • General Property Information Lot Size Acres: 5.08
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Eat-in Kitchen, Shower Only, Walk-In Shower
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Bedroom, Insert, Living Room, Wood Burning
  • Fireplaces: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Bedroom: Yes
  • Fireplace Features:Fireplaces Total: 3
  • Fireplace Features:Insert: Yes

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 5.08
  • Construction Type: Brick
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Open Lot: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Pasture2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Carport
  • Parking Features:Carport: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 221284.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2361.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Mangum

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2023
Closed on
Jun 2, 2023
Sold by
Scarborough Keith M and Scarborough Petra Christine
Bought by
Thornton Jay Wendell and Thornton Kerry Lynne
Seller's Agent
Tabitha Wade
Grand Slam Realty
Buyer's Agent
Nancy Dillard
Fathom Realty NC, LLC
List Price
$489,000
Sold Price
$493,000
Premium/Discount to List
$4,000
0.82%
Views
98
Current Estimated Value
$506,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,087
Avg. Annual Appreciation
1.10%
Original Mortgage
$200,000
Outstanding Balance
$179,743
Interest Rate
5.71%
Mortgage Type
New Conventional
Estimated Equity
$326,344

Purchase Details

Closed on
Jul 16, 2019
Sold by
Baker Timothy Thomas and Baker Jessica Hunt Mills
Bought by
Scarborough Keith M and Hofmann Scarborough Petra Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,395
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Sep 25, 2015
Sold by
Banks Patricia B
Bought by
Baker Timothy Thomas and Baker Jessica Hunt Mills

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,853
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2002
Sold by
Sullivan Edward T and Ladd Anna Marie
Bought by
Banks Patricia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
6.92%

Purchase Details

Closed on
Oct 22, 1998
Sold by
Capps John L and Capps Lynda
Bought by
Sullivan Edward T and Sullivan Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.76%
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
Thornton Jay Wendell $493,000 None Listed On Document
Scarborough Keith M $315,000 None Available
Baker Timothy Thomas $256,500 Attorney
Banks Patricia B $235,000 --
Sullivan Edward T $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Jay Wendell $200,000
Previous Owner Scarborough Keith M $325,395
Previous Owner Baker Timothy Thomas $251,853
Previous Owner Banks Patricia B $214,500
Previous Owner Sullivan Edward T $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $493,000 -- --
06/08/2023 06/08/23 Sold $493,000 +0.8% $259 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $489,000 -- $257 / 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
2025 $3,607 $503,419 $181,280 $322,139
2024 $2,729 $267,365 $75,800 $191,565
2023 $2,573 $267,621 $75,780 $191,841
2022 $2,458 $267,621 $75,780 $191,841
2021 $2,197 $267,621 $75,780 $191,841
2020 $2,170 $267,621 $75,780 $191,841
2019 $2,170 $267,621 $75,780 $191,841
2018 $1,826 $208,359 $50,475 $157,884
2017 $1,806 $208,359 $50,475 $157,884
2016 $1,748 $208,359 $50,475 $157,884
2015 $1,326 $133,089 $57,143 $75,946
2014 $1,326 $133,089 $57,143 $75,946
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2501640

Doorify MLS

APN: 192223