NOT LISTED FOR SALE

2865 Us Hwy 15 501 N Pittsboro, NC 27312

Estimated Value: $411,000 - $693,777

5.32 Acres
$110,845 Price per Acre
231,739 Sq Ft Lot

Last Sold December 22, 2023

Last sale price $675,000

Est. 13% decrease in value since last sale

Current estimated payment $3,250/month

352 Days on Market

Highlights

  • Wooded Lot
  • Brush Vegetation
  • Level Lot

About This Lot

As of December 2023

5.32 acres. Great location on corner of 15-501 and Northwood Highschool. Has plenty of road frontage on 15-501. Great potential to be rezoned for commercial site. City water plus well and septic site. This is in high growth area of Pittsboro.

Last Agent to Sell the Property

Julie Roland

Julie Roland Realty Inc License #246317 Listed on: 12/26/2022

Last Buyer's Agent

Debora Bigby

Coldwell Banker - HPW License #220594

Coldwell Banker - HPW

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,894

Lot Details

  • 5.32 Acre Lot
  • Property fronts a state road
  • Brush Vegetation
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Pittsboro Elementary School
  • Horton Middle School
  • Seaforth High School

Mobile Home

Utilities

  • Well
  • Septic Needed
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,894

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: State Road
  • Subdivision Name: Not in a Subdivision
  • Water Source Public: Yes
  • Water Source Well: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: 5.32 acres. Great location on corner of 15-501 and Northwood Highschool. Has plenty of road frontage on 15-501. Great potential to be rezoned for commercial site. City water plus well and septic site. This is in high growth area of Pittsboro. Call Julie Roland for more details 919-274-8004
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Cleared2: Yes
  • Other Structures Mobile Home: Yes
  • Vegetation Brush: Yes
  • Road Frontage Type State Road: Yes
  • General Property Information Lot Size Acres: 5.32
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 5.32
  • Lot Features:Level: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public, Well

Schools

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

Lot Info

  • Current Use: Unimproved, Vacant
  • Lot Size Sq Ft: 231739.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Chatham - Pittsboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2022
Closed on
Dec 22, 2023
Sold by
Graceledge Properties Llc
Bought by
Jc Real Property Llc
Seller's Agent
Julie Roland
Julie Roland Realty Inc
Buyer's Agent
Debora Bigby
Coldwell Banker - HPW
List Price
$675,000
Sold Price
$675,000
Views
51
Current Estimated Value
$589,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,306
Avg. Annual Appreciation
-6.80%

Purchase Details

Closed on
Apr 9, 2020
Sold by
Foust Mary Ruth and Stubbs Robert Louis
Bought by
Graceledge Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 1, 2015
Sold by
Stubbs Robert Louis
Bought by
Foust Mary Ruth and Stubbs Robert Louis

Purchase Details

Closed on
Dec 31, 1999
Sold by
Stubbs Lewis
Bought by
Stubbs Robert Louis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jc Real Property Llc $675,000 None Listed On Document
Graceledge Properties Llc $313,000 None Available
Foust Mary Ruth $28,088 Attorney
Stubbs Robert Louis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graceledge Properties Llc $313,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $675,000 0.0% --
12/14/2023 12/14/23 Off Market $675,000 -- --
12/13/2023 12/13/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $675,000 0.0% --
10/25/2023 10/25/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $675,000 0.0% --
03/07/2023 03/07/23 Pending -- -- --
02/11/2023 02/11/23 Price Changed $675,000 -10.0% --
12/26/2022 12/26/22 For Sale $750,000 -- --
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 $1,894 $218,350 $144,120 $74,230
2024 $1,570 $181,029 $127,480 $53,549
2023 $1,498 $181,029 $127,480 $53,549
2022 $1,558 $181,029 $127,480 $53,549
2021 $1,558 $181,029 $127,480 $53,549
2020 $1,480 $170,926 $107,125 $63,801
2019 $1,480 $170,926 $107,125 $63,801
2018 $1,412 $170,926 $107,125 $63,801
2017 $1,412 $170,926 $107,125 $63,801
2016 $1,038 $120,377 $85,700 $34,677
2015 $1,024 $120,377 $85,700 $34,677
2014 $1,016 $120,377 $85,700 $34,677
2013 -- $120,377 $85,700 $34,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2488119

Doorify MLS

APN: 0006724