NOT LISTED FOR SALE

2996 Nc 268 Siloam, NC 27047

Estimated Value: $399,000 - $750,959

3 Beds
2 Baths
2,700 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $525,000 $194 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,445/month

62 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • Partially Wooded Lot
  • Shoals Elementary School Rated A
  • 62.06 Acre Lot
  • No HOA

About This Home

As of July 2020

Incredible Investment opportunity minutes from downtown Pilot Mountain. 62.06+/- Acres with the majority of acreage cleared Flat and rolling pasture land with gorgeous Mountain views from highest elevation, Stocked pond, horse barn and many out buildings. 3 homes on property. One is owner occupied, with the other two currently being leased by long time renters. Tons of potential for possibly development, residential or agricultural. Schedule your appointment today to view this excellent property.

Last Agent to Sell the Property

Zach Dawson

Mitchell Forbes Global Properties License #285039 Listed on: 03/09/2020

Last Buyer's Agent

Jeff Nicholson

NorthGroup Real Estate License #280587

NorthGroup Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,873

Year Built

  • Built in 1984

Lot Details

  • 62.06 Acre Lot
  • Rural Setting
  • Dog Run
  • Fenced
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RA

Parking

  • 2 Car Garage
  • Attached Carport
  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,504 Sq Ft Home
  • 2,200-2,700 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 594500140021
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,873

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 62.06
  • Subdivision Name: None
  • Directions: From US-52 North, take Exit 134 towards Pilot Mountain/Elkin, Left around traffic circle, then continue straight through next traffic circle, continue on NC 268, house will be on the right.
  • Above Grade Finished Sq Ft: 2504
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1984
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2504
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Dog Run, Garden
  • Fencing: Fenced
  • Lot Features: Horses Allowed, Level, Partially Cleared, Partially Wooded, Pasture, Rolling Slope, Rural
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Barn(s), Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Gravel, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 594500140021
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 9650.3384
  • TRIADMLS_DeedPage: 0993
  • TRIADMLS_DeedBook: 00657
  • TRIADMLS_AcresRange: 56 - 65

Tax Info

  • Tax Annual Amount: 2873.17
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.6907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jul 15, 2020
Sold by
Bodford Timothy C
Bought by
Webb Alan T and Webb Deborah A
Seller's Agent
Zach Dawson
Mitchell Forbes Global Properties
Buyer's Agent
Jeff Nicholson
NorthGroup Real Estate
Sold Price
$525,000
Current Estimated Value
$593,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,740
Avg. Annual Appreciation
4.75%
Original Mortgage
$250,000
Outstanding Balance
$224,139
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$443,362

Purchase Details

Closed on
May 5, 2020
Sold by
Boose Diane D and Boose Ronald G
Bought by
Bodford Timothy C
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
Webb Alan T $525,000 None Available
Bodford Timothy C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Alan T $250,000
Previous Owner Bodford Timonthy C $328,662
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $525,000 -- $239 / Sq Ft
Source: Triad 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
2024 $3,372 $497,250 $229,500 $267,750
2023 $3,318 $497,250 $229,500 $267,750
2022 $3,318 $497,250 $229,500 $267,750
2021 $3,238 $497,250 $229,500 $267,750
2020 $2,934 $415,950 $202,810 $213,140
2019 $2,922 $415,950 $0 $0
2018 $2,873 $415,950 $0 $0
2017 $2,910 $415,950 $0 $0
2016 $2,910 $415,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 968808

Triad MLS

APN: 5945-00-14-0021