NOT LISTED FOR SALE

3090 Covington Farm Rd Shannon, NC 28386

Estimated Value: $179,000 - $260,000

2 Beds
2 Baths
1,600 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $210,000 $131 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,291/month

4 Days on Market

Highlights

  • Waterfront
  • Deck
  • Wooded Lot
  • PSRC Early College at RCC Rated A
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of June 2022

ATTENTION SPORTMEN: This 7 acre property offers a place to fish and target practic, you also have room to bring your horse. Within 20 miles from Raeford. Located off Covington Farm Road this cottage is privately located off it's own pond. Featuring 2 bedroom and 2 baths, heated tile in master-bath, 2 cozy fireplaces, a wrap-around porch, wood ceilings and floors and metal roof. THE PRIVACY YOU'RE LOOKING FOR!

Last Agent to Sell the Property

Natalie Lewis

LEWIS REALTY License #157699 Listed on: 04/30/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,668

Year Built

  • Built in 1995

Lot Details

  • 7.02 Acre Lot
  • Waterfront
  • Level Lot
  • Wooded Lot

Parking

  • 2 Detached Carport Spaces

Home Design

  • Cottage
  • Brick Veneer

Interior Spaces

  • 2 Fireplaces
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Insulated Windows
  • Window Treatments
  • Wood Flooring
  • Crawl Space
  • Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1805-06-00512

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,668

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Year Built: 1995
  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Architectural Style Cottage: Yes
  • General Property Information Carport YN: Yes
  • Laundry Features Inside: Yes
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Lot Size Square Feet2: 305791.2
  • General Property Information Lot Size Acres: 7.02
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Interior Amenities: Primary Downstairs, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Masonry, Wood Burning Stove
  • Fireplaces: 2
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Masonry: Yes
  • Appliances Range: Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Acres: 7.02
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Deck
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Level: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached Carport
  • Parking Features:Detached Carport: Yes

Utilities

  • Heating: Heat Pump, Wood Stove
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 305791.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 1805-06-00512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Jun 20, 2022
Sold by
Wilson Daniel I and Wilson Leah Crystal
Bought by
Evans Matthew J
Seller's Agent
Natalie Lewis
LEWIS REALTY
List Price
$229,000
Sold Price
$210,000
Premium/Discount to List
-$19,000
-8.3%
Current Estimated Value
$219,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,535
Avg. Annual Appreciation
1.35%
Original Mortgage
$198,000
Outstanding Balance
$188,447
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$31,088

Purchase Details

Listed on
Feb 27, 2017
Closed on
Nov 9, 2017
Sold by
Lemaster Courtney Marie and Fletcher Courtney Lemaster
Bought by
Wilson Daniel I
Seller's Agent
Natalie Lewis
LEWIS REALTY
Buyer's Agent
Natalie Lewis
LEWIS REALTY
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.19%
Original Mortgage
$106,837
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2011
Sold by
Household Realty Corp
Bought by
Lemaster Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,617
Interest Rate
4.26%
Mortgage Type
FHA
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
Evans Matthew J $230,000 West Eric
Evans Matthew J $230,000 West Eric
Wilson Daniel I $105,000 None Available
Lemaster Marie $75,000 None Avalible
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Matthew J $198,000
Closed Evans Matthew J $198,000
Previous Owner Wilson Daniel I $106,837
Previous Owner Lemaster Marie $83,617
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2022 06/22/22 Sold $210,000 -8.3% $131 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $229,000 +118.1% $143 / Sq Ft
11/09/2017 11/09/17 Sold $105,000 0.0% $66 / Sq Ft View Prior Sale
10/02/2017 10/02/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $105,000 -- $66 / Sq Ft
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 $1,668 $170,900 $20,000 $150,900
2024 $1,658 $170,900 $20,000 $150,900
2023 $1,129 $112,200 $15,100 $97,100
2022 $1,024 $100,500 $15,100 $85,400
2021 $1,024 $100,500 $15,100 $85,400
2020 $994 $100,500 $15,100 $85,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: LP683876

Doorify MLS

APN: 1805-06-00512