NOT LISTED FOR SALE

Estimated Value: $120,571 - $196,000

0.37 Acre
$441,054 Price per Acre
16,117 Sq Ft Lot

Last Sold February 23, 2023

Last sale price $110,000

Est. 48% increase in value since last sale

Current estimated payment $937/month

176 Days on Market

About This Lot

As of February 2023

Vacant lot in desirable Hope Valley CC. Gentle topography with mature hardwoods. Portions of the lot are in a flood zone, and flood insurance would be required. This opportunity is for someone that doesn't mind going through some extra steps in exchange for the discounted land cost.

Last Agent to Sell the Property

Bryan Sinnett

Compass -- Raleigh License #234073 Listed on: 11/18/2021

Compass -- Raleigh

Last Buyer's Agent

Maggie Sparling

Compass -- Raleigh License #282646

Compass -- Raleigh

Property Details

Property Type

  • Land

Lot Details

  • 0.37 Acre Lot
  • Wooded Lot

Schools

  • Hope Valley Elementary School
  • Githens Middle School
  • Jordan High School

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Remarks and Miscellaneous Syndication Remarks2: Vacant lot in desirable Hope Valley CC. Gentle topography with mature hardwoods. Portions of the lot are in a flood zone, and flood insurance would be required. This opportunity is for someone that doesn't mind going through some extra steps in exchange for the discounted land cost.
  • Utilities Electricity Available: Yes
  • General Property Information Lot Size Acres: 0.37
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.37
  • Lot Features:Wooded: Yes

Utilities

  • Utilities: Electricity Available

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Lot Info

  • Current Use: Unimproved, Vacant
  • Lot Size Sq Ft: 16117.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Hope Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Feb 23, 2023
Sold by
Morton Tammy Lynn
Bought by
Cumming Eric and Chandler Stephanie Lyn
Seller's Agent
Bryan Sinnett
Compass -- Raleigh
Buyer's Agent
Maggie Sparling
Compass -- Raleigh
List Price
$150,000
Sold Price
$110,000
Premium/Discount to List
-$40,000
-26.67%
Current Estimated Value
$163,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,190
Avg. Annual Appreciation
14.73%

Purchase Details

Closed on
Dec 15, 2006
Sold by
Nielson Mark J and Nielson Catherine S
Bought by
Prince Tammy Lynn and Morton James Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
6.29%
Mortgage Type
Unknown
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
Cumming Eric $110,000 --
Prince Tammy Lynn $267,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prince Tammy Lynn $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $110,000 -- --
02/23/2023 02/23/23 Sold $110,000 -26.7% --
05/13/2022 05/13/22 Pending -- -- --
11/18/2021 11/18/21 For Sale $150,000 -- --
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 $1,019 $102,750 $102,750 $0
2024 $1,433 $102,750 $102,750 $0
2023 $537 $41,010 $41,010 $0
2022 $525 $41,010 $41,010 $0
2021 $522 $41,010 $41,010 $0
2020 $510 $41,010 $41,010 $0
2019 $510 $41,010 $41,010 $0
2018 $578 $42,625 $42,625 $0
2017 $574 $42,625 $42,625 $0
2016 $555 $42,625 $42,625 $0
2015 $628 $45,387 $45,387 $0
2014 $628 $45,387 $45,387 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2419815

Doorify MLS

APN: 124448