NOT LISTED FOR SALE

38 Little Oak Rd Unit 7 Leicester, NC 28748

Estimated Value: $488,000 - $497,000

0.68 Acre
$723,040 Price per Acre
29,621 Sq Ft Lot

Last Sold October 25, 2023

Last sale price $50,000

Est. 883% increase in value since last sale

Current estimated payment $2,620/month

365 Days on Market

About This Lot

As of October 2023

Wonderful opportunity to build out your vision on this south and west-facing lot. Imagine sitting on the porch sipping your favorite beverage, soaking up the incredible long-range views to the south. The lot slopes west and is well suited for passive and active solar design, offering space for a light-filled basement. Located in a charming, pocket neighborhood situated at the end of culdesac, this lot offers privacy, views, and solar gains for an amazing value! All this and only 20 minutes to town. There are light building restrictions. No manufactured or modular homes. Minimum 1500 heated square feet/ 1200 square foot minimum for above ground level. Short-term rentals are allowed. Two new construction projects just completed at values of $600k-$1M.
Seller says there is an expired 3 bedroom septic permit on fie. Buyer to verify. Private Road agreement.

Last Agent to Sell the Property

Katie Rice

Keller Williams Professionals License #327315 Listed on: 10/10/2022

Keller Williams Professionals

Co-Listed By

Collin O'Berry

Keller Williams Professionals License #274582

Last Buyer's Agent

Katie Rice

Keller Williams Professionals License #327315 Listed on: 10/10/2022

Keller Williams Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $246

Lot Details

  • 0.68 Acre Lot
  • Possible uses of the property include Private Estate, Recreational, Residential
  • Property is zoned OU

Schools

  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Oak Knoll Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 970311229100000

Property Details

Property Type

Land

Est. Annual Taxes

$246

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Other - See Remarks,Short Term Rental Allowed,Square Feet
  • Special Assessment Yn: 0
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Possible Use: Private Estate, Recreational, Residential
  • Room Count: 0

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.68
  • Lot Size Units: Acres
  • Parcel Number: 970311229100000
  • Zoning: OU
  • Plat Book Slide: 0104/0099
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 0104/0099
  • Lot Size Acres: 0.68
  • Lot Size Sq Ft: 29620
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

MLS Schools

  • Elementary School: Unspecified
  • High School: Clyde A Erwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
2020 Builders Llc
Bought by
Lamb Zachary and Lamb Brittany
Current Estimated Value
$491,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,900
Outstanding Balance
$499,336
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$7,669

Purchase Details

Closed on
May 3, 2024
Sold by
Domo Construction And Development Llc
Bought by
2020 Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2006
Sold by
J Caldwell Properties Llc
Bought by
Cooper Robert R and Cooper Viviane
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
Lamb Zachary $500,000 None Listed On Document
Lamb Zachary $500,000 None Listed On Document
2020 Builders Llc $60,000 None Listed On Document
Cooper Robert R $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Zachary $501,900
Closed Lamb Zachary $501,900
Previous Owner 2020 Builders Llc $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $50,000 -13.8% --
08/01/2023 08/01/23 Price Changed $58,000 -7.2% --
06/07/2023 06/07/23 Price Changed $62,500 -9.4% --
06/07/2023 06/07/23 For Sale $69,000 +38.0% --
06/06/2023 06/06/23 Off Market $50,000 -- --
04/11/2023 04/11/23 Price Changed $69,000 +38.0% --
10/10/2022 10/10/22 For Sale $50,000 -- --
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
2025 $246 $252,900 $37,400 $215,500
2024 $246 $37,400 $37,400 --
2023 $246 $37,400 $37,400 $0
2022 $235 $37,400 $0 $0
2021 $235 $37,400 $0 $0
2020 $200 $29,900 $0 $0
2019 $200 $29,900 $0 $0
2018 $200 $29,900 $0 $0
2017 $0 $28,100 $0 $0
2016 $209 $28,100 $0 $0
2015 $209 $28,100 $0 $0
2014 $201 $28,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3912172

Canopy MLS (Canopy Realtor® Association)

APN: 9703-11-2291-00000