NOT LISTED FOR SALE

3040 Cat Square Rd Unit 3040 Vale, NC 28168

Estimated Value: $186,158

25 Acres
$7,443 Price per Acre
1,089,436 Sq Ft Lot

Last Sold August 17, 2022

Last sale price $175,000

Est. 6% increase in value since last sale

Current estimated payment $1,044/month

27 Days on Market

Highlights

  • Barn
  • Union Elementary School Rated A-
  • Stables

About This Lot

As of August 2022

This small farm would make a great homestead for a family, horses or livestock. The existing barn needs “TLC” but has great potential with a Garage on each side that can be used for a workshop, storage or other use. there is a well in front and a pump inside right garage door. There is also a fenced area with open ended covered garage. The property is currently under the Farm Use Deferred Tax Program. If Buyer does not continue the program, (MINIMUM OF 10 ACRES) COUNTY WILL REQUIRE BUYER TO PAY BACK TAXES. Lincoln county GIS shows 569' road frontage and 25.01 acres. Property is in an Estate and may be contingent on court authorization. There are 2 other parcels in this Estate, MLS #3820156 on the market now and MLS #3827302 coming in June.

Last Listed By

Edith McAlpin

McAlpin Realty License #57979 Listed on: 05/24/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $141

Lot Details

  • Possible uses of the property include Cattle, Farm, Horses
  • Property is zoned R-SF, R-SF

Schools

  • Union Elementary School
  • West Lincoln Middle School
  • West Lincoln High School

Additional Features

  • Barn
  • Stables
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 12743

Property Details

Property Type

Land

Est. Annual Taxes

$141

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 6996.36
  • Restrictions: Other - See Media/Remarks
  • Road Frontage Type: Paved Road
  • Structure Type: Acreage
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Cattle, Farm, Horses

Exterior Features

  • Exterior Features: Barn(s), Stable
  • Tax Location: Vale

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available
  • Water Source: Well

Schools

  • Middle Or Junior School: West Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 25.013
  • Lot Size Units: Acres
  • Parcel Number: 12743
  • Out Buildings Yn: 1
  • Plat Reference Section Pages: 13-161
  • Zoning Description: R-SF
  • ResoLotSizeUnits: Acres

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Union
  • High School: West Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Aug 17, 2022
Sold by
Christian Cagle John
Bought by
Dellinger Jeffery Michael
Seller's Agent
Edith McAlpin
McAlpin Realty
Buyer's Agent
Jane McGill
Jane McGill Real Estate
List Price
$305,500
Sold Price
$175,000
Premium/Discount to List
-$130,500
-42.72%
Total Days on Market
27
Current Estimated Value
$186,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,158
Avg. Annual Appreciation
2.82%

Purchase Details

Closed on
Dec 18, 2007
Sold by
Haskins Thomas E S and Stubblebine David G
Bought by
Cagle Joe N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2004
Bought by
Haskins Thomas E and Stubblebine Davi

Purchase Details

Closed on
Jul 27, 1999
Bought by
Courneya Gary F and Heidi Courneya

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
Dellinger Jeffery Michael $350 None Listed On Document
Cagle Joe N $175,000 None Available
Haskins Thomas E $182,000 --
Courneya Gary F $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cagle Joe N $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $175,000 -42.7% --
06/20/2022 06/20/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $305,500 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $141 $195,252 $181,751 $13,501
2023 $141 $195,252 $181,751 $13,501
2022 $128 $238,566 $230,114 $8,452
2021 $291 $245,566 $237,114 $8,452
2020 $283 $245,566 $237,114 $8,452
2019 $283 $245,566 $237,114 $8,452
2018 $269 $196,684 $188,558 $8,126
2017 $269 $196,684 $188,558 $8,126
2016 $256 $0 $0 $0
2015 $251 $196,684 $188,558 $8,126
2014 $1,382 $205,328 $197,552 $7,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3820128

Canopy MLS (Canopy Realtor® Association)

APN: 12743