NOT LISTED FOR SALE

281 Old Homestead Rd Pittsboro, NC 27312

Estimated Value: $274,000 - $283,197

10.52 Acres
$26,483 Price per Acre
458,251 Sq Ft Lot

Last Sold January 05, 2022

Last sale price $210,000

Est. 33% increase in value since last sale

Current estimated payment $1,546/month

5 Days on Market

Highlights

  • Heavily Wooded Lot
  • Secluded Lot
  • Cul-De-Sac

About This Lot

As of January 2022

LARGE wooded 10.52 acre lot located in the heart of Pittsboro! No HOA or timeline to build - bring your builder of choice! Zoned R-1. Great opportunity to live in a tucked away secluded subdivision.Travel to nearby beautiful Haw River or pristine Jordan Lake. Centrally located for commutes to cities such as Chapel Hill,Apex,Cary,Raleigh,Burlington,and Greensboro! Underground electricity & high speed fiber cable available. Frontage to Old Homestead. Land is scarce and this property is a GEM - Call today!

Last Agent to Sell the Property

Jade de Leon

Costello Real Estate & Investm License #313494 Listed on: 11/26/2021

Last Buyer's Agent

Ann Ward

Standout Properties License #170336

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,004

Lot Details

  • 10.52 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Cul-De-Sac
  • Secluded Lot
  • Level Lot
  • Heavily Wooded Lot

Schools

  • Pittsboro Elementary School
  • Horton Middle School
  • Northwood High School

Utilities

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

Community Details

  • Faun Woods Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,004

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Easement, Private Road
  • Road Surface Type: Unimproved
  • Subdivision Name: Faun Woods
  • Utilities Cable Available: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Vegetation Heavily Wooded: Yes
  • Water Source Need Well: Yes
  • Road Frontage Type Easement: Yes
  • Sewer Perc Test On File: Yes
  • General Property Information Lot Size Acres: 10.52
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 10.52
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Need Well

Schools

  • Ninth Grade High School: Chatham - Northwood
  • Middle Or Junior School: Chatham - Horton

Lot Info

  • Current Use: Unimproved, Vacant
  • Lot Size Sq Ft: 458251.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Chatham - Pittsboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2021
Closed on
Dec 27, 2021
Sold by
Pape and Katharine
Bought by
Msp Sdg Llc
Seller's Agent
Jade de Leon
Costello Real Estate & Investm
Buyer's Agent
Ann Ward
Standout Properties
List Price
$195,000
Sold Price
$210,000
Premium/Discount to List
$15,000
7.69%
Current Estimated Value
$278,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,599
Avg. Annual Appreciation
7.70%
Original Mortgage
$105,000
Interest Rate
3.12%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 19, 2016
Sold by
Bainbridge Cynthia Jean
Bought by
Pape Katharine and Pape Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2006
Sold by
Gewanter Vera and Gewanter Sidney M
Bought by
Miller Mary Amaryllis and Cole Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,700
Interest Rate
6.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Msp Sdg Llc $210,000 Brady Boyette Pllc
Pape Katharine $85,000 Attorney
Miller Mary Amaryllis $121,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Msp Sdg Llc $105,000
Previous Owner Pape Katharine $84,000
Previous Owner Miller Mary Amaryllis $84,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $210,000 -- --
01/05/2022 01/05/22 Sold $210,000 +7.7% --
12/01/2021 12/01/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $195,000 -- --
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
2025 $1,004 $143,939 $141,600 $2,339
2024 $1,004 $101,728 $99,195 $2,533
2023 $837 $101,728 $99,195 $2,533
2022 $760 $101,728 $99,195 $2,533
2021 $760 $101,728 $99,195 $2,533
2020 $634 $84,645 $84,645 $0
2019 $634 $84,645 $84,645 $0
2018 $598 $84,645 $84,645 $0
2017 $590 $84,645 $84,645 $0
2016 $661 $94,050 $94,050 $0
2015 $649 $94,050 $94,050 $0
2014 $649 $94,050 $94,050 $0
2013 -- $94,050 $94,050 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jade de Leon

    Costello Real Estate & Investm

  • A

    Buyer's Agent in 2022

    Ann Ward

    Standout Properties

    (919) 274-6678

    14 Total Sales

    Ann Ward
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Map

Source: Doorify MLS

MLS Number: 2420813

Doorify MLS

APN: 74193

North Carolina Chatham County Pittsboro 27312

281 Old Homestead Rd, Pittsboro, NC

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