NOT LISTED FOR SALE

3883 Busbee Rd Seagrove, NC 27341

Estimated Value: $394,591

-- Bed
-- Bath
-- Sq Ft
16.83 Acres

Last Sold November 16, 2023

Last sale price $379,000

Est. 4% increase in value since last sale

Current estimated payment $2,169/month

49 Days on Market

About This Home

As of November 2023

The possibilities are endless with this 16.55 acre property in the Pottery Capital of the World! 4,000 SF warehouse featuring 400-amp and 220V service, steel beams, two gas heaters, and a full bath. Double garage doors, floor drains, and high ceilings make any job a breeze! Attached 1,250 SF of beautiful, climate-controlled space boasting a cedar ceiling and pine plank floors. Previously used as retail but could easily be converted into living space. Brick patio allows you to take in the breathtaking scenery of 16+ acres or check out the 1,700 SF kiln shed housing the 300 cu' anagma soda/wood kiln. Plenty of room for wood, equipment, and all the pottery you can create! Let your imagination run wild: Retail, co-op workshop, events, storage, or manufacturing. It's time to visit take in the rich history and creative culture that Seagrove, NC has to offer!

Last Agent to Sell the Property

Jenna McKenzie

McKenzie Real Estate of NC LLC Listed on: 07/12/2023

Last Buyer's Agent

Rebekah Lindsey

The Rachel Kendall Team, LLC License #286051

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1992

Lot Details

  • 16.83

Additional Features

  • 1-Story Property
  • Property is zoned B1 and RA
  • Private Water Source

Community Details

  • No Home Owners Association
  • 5,250 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 860300474845

Property Details

Property Type

Other

Est. Annual Taxes

$1,097

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Lot Size: 16.55
  • Directions: From Asheboro, head south on 173/74. Take exit 61, turn left at the top of the ramp, towards Seagrove. Continue on NC-705 S through Seagrove. In 7 miles, turn left onto Busbee Rd. In 2 miles, Cady Clay Works Pottery will be on your right.
  • Building Stories: 1
  • Year Built: 1992
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None
  • Stories: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 860300474845
  • Zoning: B1 and RA
  • TRIADMLS_AcresRange: -

Rental Info

  • Land Lease Amount: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Nov 6, 2023
Sold by
Mellage John and Gore Beth
Bought by
Dps 23 Llc
Seller's Agent
Jenna McKenzie
McKenzie Real Estate of NC LLC
Buyer's Agent
Rebekah Lindsey
The Rachel Kendall Team, LLC
List Price
$420,000
Sold Price
$379,000
Premium/Discount to List
-$41,000
-9.76%
Views
46
Current Estimated Value
$394,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,591
Avg. Annual Appreciation
1.99%
Original Mortgage
$303,200
Outstanding Balance
$297,789
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$96,802

Purchase Details

Closed on
Nov 13, 1990
Sold by
Cady Clay Works Inc
Bought by
Mellage John and Gore Beth
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
Dps 23 Llc $379,000 None Listed On Document
Dps 23 Llc $379,000 None Listed On Document
Mellage John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dps 23 Llc $303,200
Closed Dps 23 Llc $303,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2023 11/16/23 Sold $379,000 -9.8% --
08/31/2023 08/31/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $420,000 -- --
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 $1,097 $252,170 $92,880 $159,290
2023 $1,147 $252,170 $92,880 $159,290
2022 $1,320 $209,600 $85,330 $124,270
2021 $1,373 $209,600 $85,330 $124,270
2020 $1,325 $202,620 $85,330 $117,290
2019 $1,199 $209,600 $85,330 $124,270
2018 $1,197 $225,020 $86,420 $138,600
2017 $1,167 $225,020 $86,420 $138,600
2015 $1,271 $225,020 $86,420 $138,600
2014 $1,167 $210,320 $85,570 $124,750
2013 -- $210,320 $85,570 $124,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1111610

Triad MLS

APN: 8603-00-47-3992