NOT LISTED FOR SALE

2874 Bear Creek Church Rd Bear Creek, NC 27207

Estimated Value: $308,000 - $497,000

16.3 Acres
$25,297 Price per Acre
710,028 Sq Ft Lot

Last Sold July 13, 2020

Last sale price $63,000

Est. 554% increase in value since last sale

Current estimated payment $2,419/month

97 Days on Market

Highlights

  • Horses Allowed On Property
  • Lot Has A Rolling Slope
  • Natural State Vegetation
  • Wooded Lot

About This Lot

As of July 2020

Abundant wildlife on this 16 Acre Tract... deer and turkey. Would make an excellent mini-farm. BEAUTIFUL COUNTRY SIDE WITH ROLLING PASTURES, AND WOODED AREAS IN A FARMING COMMUNITY. The soil test results indicated that the property did not perk for a conventional septic system, (another type of septic system would be required).

Last Agent to Sell the Property

Randy Johnson

JOHNSON REAL ESTATE License #191033 Listed on: 02/01/2020

Last Buyer's Agent

Rebecca Smith

NON MEMBER COMPANY License #none

NON MEMBER COMPANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,072

Lot Details

  • 16.3 Acre Lot
  • Property fronts a highway
  • Natural State Vegetation
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Chatham Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 79789

Property Details

Property Type

Land

Est. Annual Taxes

$2,072

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 16.3
  • Road Frontage Type: Highway
  • Ownership: More than a year
  • Subdivision Name: CHATHAM CO
  • Directions: Take Bear Creek Church Rd from Main St in Goldston. The property will be on the right.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 10-25 Acres, Hardwood Trees, Partially Cleared, Rolling Slope, Wooded
  • Topography: Rolling

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Water Not Available, Sewer Not Available
  • Water Source: Other

Lot Info

  • Horse Amenities: Horses Allowed
  • Wooded Area: 13.0
  • Parcel #: 79789
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Jul 13, 2020
Sold by
Lee Harvey Glenn and Lee Rita Dianne
Bought by
Grubbs Phillip Daniel and Grubbs Brittany
Seller's Agent
Randy Johnson
JOHNSON REAL ESTATE
Buyer's Agent
Rebecca Smith
NON MEMBER COMPANY
List Price
$69,000
Sold Price
$63,000
Premium/Discount to List
-$6,000
-8.7%
Current Estimated Value
$412,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,333
Avg. Annual Appreciation
41.90%
Original Mortgage
$400,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2002
Sold by
Edwards Land & Timber Llc
Bought by
Lee Harvey Glenn and Lee Rita Dianne
Source: Public Records

Range of Values:

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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
Grubbs Phillip Daniel $63,000 None Available
Lee Harvey Glenn $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grubbs Phillip Daniel $340,000
Closed Grubbs Phillip Daniel $330,000
Closed Grubbs Phillip Daniel $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $63,000 -8.7% --
05/09/2020 05/09/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $69,000 -- --
Source: Longleaf Pine REALTORS®

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 $2,072 $231,726 $79,240 $152,486
2023 $2,072 $178,892 $76,540 $102,352
2022 $578 $76,540 $76,540 $0
2021 $578 $76,540 $76,540 $0
2020 $505 $66,427 $66,427 $0
2019 $505 $66,427 $66,427 $0
2018 $561 $78,150 $78,150 $0
2017 $561 $78,150 $78,150 $0
2016 $566 $78,150 $78,150 $0
2015 $549 $78,150 $78,150 $0
2014 $100 $78,150 $78,150 $0
2013 -- $78,150 $78,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 625454

Longleaf Pine REALTORS®

APN: 79789