Seller's Agent in 2024
Linda Trevor
Compass -- Cary
(919) 730-7746
7 in this area
987 Total Sales
408 Red Hill Ln Cape Fear, NC 27562
Estimated Value: $493,146
10.02
Acres
$49,216
Price per Acre
436,471
Sq Ft Lot
About This Lot
As of June 2024Prime Chatham County location! Highly coveted 10 acre Premier parcel in the desirable New Elam Woods neighborhood adjacent to Jordan Lake State Park. Walk to direct trail access to park trails from the neighborhood! Just minutes from Jordan Lake boat ramps. The newly installed driveway brings you through this beautiful lot abundant with hardwoods, pines and holly trees. The scenic drive opens up to breathtaking views of the approximately 4 (flat) acres (seeded in fescue) cleared for the planned homesite and other amenities. This beautiful property is abundant with local wildlife, bald eagles any much more. This property adjoins to established private residential properties and horse farms giving you a quiet farm-like setting. New Elam Woods is a well-designed mostly wooded subdivision of (14) 10 acre parcels with beautifully maintained homes/properties, established covenants and very low HOA dues. Bring your horses, goats, cows or fowl for your own mini-farm or just relax and enjoy the quiet and serenity of the area. This hidden gem won't last long! Don't miss out on one of the last opportunities to build in this amazing neighborhood!
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,700
Lot Details
- 10.02 Acre Lot
- Property fronts a county road
- Wooded Lot
HOA Fees
- $25 Monthly HOA Fees
Schools
- Moncure Elementary And Middle School
- Seaforth High School
Utilities
- Septic Needed
Community Details
- Association fees include road maintenance
- New Elam Woods HOA, Phone Number (919) 698-9387
- New Elam Woods Subdivision
- The community has rules related to alterations or architectural changes
Listing and Financial Details
- Property held in a trust
- Assessor Parcel Number 9689-57-5071
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2024
Closed on
Jun 17, 2024
Sold by
Bonnie Gail Kunce Revocable Trust and Kunce Bonnie Gail
Bought by
Lazar Curtis Henry and Lazar Meredith Zanelotti
Seller's Agent
Linda Trevor
Compass -- Cary
Buyer's Agent
Johnny Chappell
Compass -- Raleigh
List Price
$500,000
Sold Price
$500,000
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,854
Avg. Annual Appreciation
-1.15%
Original Mortgage
$400,000
Interest Rate
6.94%
Mortgage Type
Balloon
Purchase Details
Closed on
Mar 15, 2021
Sold by
Tysinger Ted Wayne and Kunce Bonnie
Bought by
Kunce Bonnie Gail and Bonnie Gail Kunce Revocable Tr
Purchase Details
Closed on
Oct 13, 2016
Sold by
Fox Michael J and Fox Deborah M
Bought by
Tysinger Ted Wayne and Kunce Bonnie
Purchase Details
Closed on
Oct 28, 2003
Sold by
Kessler Michael A
Bought by
Fox Michael J and Fox Deborah M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lazar Curtis Henry | $500,000 | None Listed On Document | |
| Kunce Bonnie Gail | -- | None Available | |
| Tysinger Ted Wayne | $150,000 | Attorney | |
| Fox Michael J | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lazar Curtis Henry | $1,248,800 | |
| Closed | Lazar Curtis Henry | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $500,000 | 0.0% | -- |
| 05/07/2024 05/07/24 | Pending | -- | -- | -- |
| 04/30/2024 04/30/24 | For Sale | $500,000 | -- | -- |
Source: Doorify MLS
Tax History Compared to Growth
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 | $1,783 | $206,713 | $206,713 | $0 |
| 2023 | $1,700 | $206,713 | $206,713 | $0 |
| 2022 | $1,659 | $206,713 | $206,713 | $0 |
| 2021 | $1,152 | $206,713 | $206,713 | $0 |
| 2020 | $1,152 | $152,966 | $152,966 | $0 |
| 2019 | $1,216 | $152,966 | $152,966 | $0 |
| 2018 | $0 | $152,966 | $152,966 | $0 |
| 2017 | $1,152 | $152,966 | $152,966 | $0 |
| 2016 | $978 | $128,905 | $128,905 | $0 |
| 2015 | $963 | $128,905 | $128,905 | $0 |
| 2014 | $944 | $128,905 | $128,905 | $0 |
| 2013 | -- | $128,905 | $128,905 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Trevor
-
Johnny Chappell
Buyer's Agent in 2024
Johnny Chappell
Compass -- Raleigh
(919) 737-2247
2 in this area
866 Total Sales
-
Billy Hoffman
Buyer Co-Listing Agent in 2024
Billy Hoffman
Compass -- Raleigh
(919) 360-9218
3 in this area
171 Total Sales
Map
Source: Doorify MLS
MLS Number: 10026124
APN: 0070600
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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