$275,000
SOLD MAR 31, 2025

422 Lower Thrift Rd New Hill, NC 27562

3.35 Acres
$82,090 Price per Acre
145,926 Sq Ft Lot

Recently Sold

1 Day on Market

Highlights

  • 3.35 Acre Lot
  • No HOA
  • Level Lot
  • Heavily Wooded Lot

About This Lot

As of March 2025

Rare opportunity to purchase wooded acreage to build your dream house on the east side of Jordan Lake. Convenient drive to Apex/Cary and minutes to several wonderful recreation areas on Jordan Lake including Popular Point , Ebenezer Boat Ramp, and New Hope Overlook Hiking Trail. Features of the lot include a recent 4 bedroom conventional septic permit and a currently paid ,monthly tap on fee for county water. Lot is mostly level with the highest elevation in the center Square configuration ensures wooded privacy on all sides. Light covenants- no time limit to build. Property can not be subdivided. New boundary survey recommended . Located directly across the street from Weaver Creek Subdivision with many fine homes.

Last Agent to Sell the Property

Eric Swartz

Landco Realty License #112733 Listed on: 02/15/2025

Last Buyer's Agent

Yvonne Beal

Absolute Realty Company, LLC License #247687

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $820

Lot Details

  • 3.35 Acre Lot
  • Lot Dimensions are 400x375x465x400
  • Property fronts a state road
  • Level Lot
  • Heavily Wooded Lot
  • Many Trees
  • Property is zoned R-40

Schools

  • Moncure Elementary And Middle School
  • Seaforth High School

Utilities

  • Perc Test On File For Septic Tank

Community Details

  • No Home Owners Association
  • Doe Run Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 67231

Property Details

Property Type

Land

Est. Annual Taxes

$820

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: State Road, Public Road
  • Road Surface Type: Asphalt, Paved
  • Subdivision Name: Doe Run
  • General Property Information Lot Size Dimensions: 400x375x465x400
  • Water Source Public: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Mostly pines and some Hollies
  • Utilities Water Available: Yes
  • Vegetation Heavily Wooded: Yes
  • Development Status Raw Land: Yes
  • Road Frontage Type State Road: Yes
  • Sewer Perc Test On File: Yes
  • General Property Information Lot Size Square Feet2: 145926.0
  • General Property Information Lot Size Acres: 3.35
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Vacant

Exterior Features

  • Acres: 3.35
  • Lot Features:Wooded: Yes
  • Lot Features:Level: Yes
  • Lot Features:Many Trees: Yes
  • Lot Features:Gentle Sloping: Yes

Utilities

  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Moncure

Lot Info

  • Zoning: R-40
  • Development Status: Raw Land, See Remarks
  • Lot Dimensions: 400x375x465x400
  • Lot Size Sq Ft: 145926.0
  • ResoLotSizeUnits: Acres
  • Wooded Area: 3.35
  • Parcel #: 67231
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 819.78
  • Tax Year: 2024
  • Tax Map Number: 978000937046

MLS Schools

  • Elementary School: Chatham - Moncure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2025
Closed on
Mar 12, 2025
Sold by
Rabbit Lands Llc
Bought by
Empire Contractors Inc
Seller's Agent
Eric Swartz
Landco Realty
Buyer's Agent
Yvonne Beal
Absolute Realty Company, LLC
List Price
$275,000
Sold Price
$275,000
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13070.24%
Original Mortgage
$206,250
Outstanding Balance
$205,727
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,105,273

Purchase Details

Listed on
Feb 15, 2025
Closed on
Feb 14, 2025
Sold by
Jones Dalma Bright
Bought by
Rabbit Lands Llc
Seller's Agent
Eric Swartz
Landco Realty
Buyer's Agent
Yvonne Beal
Absolute Realty Company, LLC
List Price
$275,000
Sold Price
$275,000
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Outstanding Balance
$205,727
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,105,273

Purchase Details

Closed on
Dec 31, 1996
Bought by
Jones Dalma Bright
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 Type Sale Price Title Company
Warranty Deed $275,000 None Listed On Document
Warranty Deed $150,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $206,250 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $275,000 -79.6% --
03/14/2025 03/14/25 For Sale $1,350,000 +357.6% $380 / Sq Ft
02/16/2025 02/16/25 Pending -- -- --
02/15/2025 02/15/25 Price Changed $295,000 +7.3% --
02/15/2025 02/15/25 For Sale $275,000 -- --
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
2024 $820 $95,047 $95,047 $0
2023 $763 $95,047 $95,047 $0
2022 $763 $95,047 $95,047 $0
2021 $763 $95,047 $95,047 $0
2020 $636 $78,765 $78,765 $0
2019 $626 $78,765 $78,765 $0
2018 $593 $78,765 $78,765 $0
2017 $593 $78,765 $78,765 $0
2016 $432 $56,900 $56,900 $0
2015 $425 $56,900 $56,900 $0
2014 $417 $56,900 $56,900 $0
2013 -- $56,900 $56,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Yvonne Beal

    Seller's Agent in 2025

    Yvonne Beal

    Absolute Realty Company, LLC

    (919) 599-9500

    3 in this area

    99 Total Sales

    Section Image

  • E

    Seller's Agent in 2025

    Eric Swartz

    Landco Realty

    (919) 636-2020

    5 in this area

    71 Total Sales

    Section Image
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Map

Source: Doorify MLS

MLS Number: 10076811

Doorify MLS

APN: 67231

North Carolina Chatham County New Hill 27562

422 Lower Thrift Rd, New Hill, NC

This home is located at 422 Lower Thrift Rd, New Hill, NC 27562 and is currently priced at $275,000. 422 Lower Thrift Rd is a home located in Chatham County with nearby schools including Moncure School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS 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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