NOT LISTED FOR SALE

280 Bailey Rd Coats, NC 27521

Estimated Value: $233,000 - $1,057,936

1 Bed
1 Bath
1,254 Sq Ft
$492/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $495,000 $395 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,670/month

3 Days on Market

Highlights

  • Private Waterfront
  • Home fronts a pond
  • Dock Permitted
  • Horses Allowed On Property
  • 26.46 Acre Lot
  • Secluded Lot

About This Home

As of November 2021

Do Not Email Offers! Call Agent First. Beautiful 28 acres of partially cleared land and beautiful wooded acreage. . Large metal outbuilding appr. 50x100 with 2 garage doors, concrete flooring, small stage, bathroom and office. Lovely home with hardwood floors, master with sitting area, eat in kitchen, laundry room and recently painted. Home overlooks Private Stocked Pond with Dock-great for fishing. Convenient location between Coats and Benson. Easy commute to Raleigh and Fayetteville.

Last Agent to Sell the Property

Amy Fann

HomeTowne Realty License #187785 Listed on: 08/20/2021

HomeTowne Realty

Last Buyer's Agent

Amy Fann

RE/MAX Signature Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,505

Year Built

  • Built in 2008

Lot Details

  • 26.46 Acre Lot
  • Home fronts a pond
  • Private Waterfront
  • 50 Feet of Waterfront
  • Secluded Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Private Driveway
  • Unpaved Parking

Home Design

  • Ranch Style House

Interior Spaces

  • 1,254 Sq Ft Home
  • Living Room
  • Utility Room
  • Water Views
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Dock Permitted
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outbuilding

Schools

  • Coats Elementary School
  • Coats - Erwin Middle School
  • Triton High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,505

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2008
  • Prop. Type: Residential
  • Horses: Yes
  • Road Frontage Type: Other
  • Reso Association Fee Includes: None
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1254.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See survey
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • Other Structures Outbuilding: Yes
  • Room Types Living Room2: Yes
  • Other Structures Workshop: Yes
  • General Property Information Water Frontage Length2: 50.0
  • Waterfront Access Private Ownership: Yes
  • General Property Information Horse YN2: Yes
  • Lot Water Features Water View: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 1254.0
  • General Property Information Carport YN: No
  • Lot Water Features Dock Permit Installed: Yes
  • General Property Information Lot Size Square Feet2: 1152597.6
  • General Property Information Lot Size Acres: 26.46
  • General Property Information:Living Area3: 1254.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Eat-in Kitchen
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Water Body Name: Unnamed
  • Acres: 26.46
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Open Lot: Yes
  • Lot Features:Secluded: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Driveway, Garage, Unpaved
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Unpaved: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Harnett - Triton
  • Middle Or Junior School: Harnett - Coats - Erwin

Lot Info

  • Lot Dimensions: See survey
  • Lot Size Sq Ft: 1152597.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2505.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Harnett - Coats

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Nov 1, 2021
Sold by
Mckinney Howard Walter and Mckinney Deborah Jane
Bought by
Mclamb Dicky Jan and Mclamb Sharon Clayton
Seller's Agent
Amy Fann
HomeTowne Realty
Buyer's Agent
Amy Fann
HomeTowne Realty
List Price
$475,000
Sold Price
$495,000
Premium/Discount to List
$20,000
4.21%
Current Estimated Value
$616,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,734
Avg. Annual Appreciation
5.43%
Original Mortgage
$378,650
Outstanding Balance
$346,042
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$270,692

Purchase Details

Closed on
Aug 6, 2019
Sold by
Strickland Gary E and Strickland Phyllis C
Bought by
Mckinney Howard Walter and Mckinney Deborah Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2004
Bought by
Strickland Gary E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mclamb Dicky Jan $495,000 None Available
Mckinney Howard Walter $295,000 None Available
Strickland Gary E $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclamb Dicky Jan $378,650
Previous Owner Mckinney Howard Walter $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $495,000 -- --
11/01/2021 11/01/21 Sold $495,000 +4.2% $395 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $475,000 -- $379 / 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 $5,272 $727,768 $0 $0
2024 $5,272 $727,768 $0 $0
2023 $3,213 $446,178 $0 $0
2022 $2,376 $446,178 $0 $0
2021 $2,376 $266,350 $0 $0
2020 $2,322 $266,350 $0 $0
2019 $2,338 $270,050 $0 $0
2018 $2,338 $270,050 $0 $0
2017 $2,338 $270,050 $0 $0
2016 $2,397 $277,050 $0 $0
2015 $2,397 $277,050 $0 $0
2014 $2,397 $277,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2403117

Doorify MLS

APN: 071519 0016 03