NOT LISTED FOR SALE

4720 Bahama Rd Rougemont, NC 27572

Estimated Value: $1,023,000

91.47 Acres
$11,184 Price per Acre
3,984,433 Sq Ft Lot

Last Sold May 04, 2022

Last sale price $900,000

Est. 14% increase in value since last sale

Current estimated payment $5,767/month

114 Days on Market

Highlights

  • Barn
  • 91.47 Acre Lot
  • Separate Outdoor Workshop
  • Stables
  • Wooded Lot
  • Pasture

About This Lot

As of May 2022

Exceptional 90+/- ac; 1871 Farmhouse can be renovated plus additional building site overlooks pond. Established pastures; lovely hardwoods & wooded perimeter; 30x120’ livestock barn; wells & septic systems; extensive fencing; gravel roadways; 14 hydrants; generator. Creamery facility can be leased for added income or remodeled. Conservation Easement in place; property cannot be subdivided. Extraordinary venue for agritourism & events. 25 mins to Durham, Duke & RDU. Showings by appointment only w/realtor.

Last Agent to Sell the Property

Ann Cavallito

Peak, Swirles & Cavallito License #30805 Listed on: 10/27/2021

Co-Listed By

Sudi Swirles

Peak, Swirles & Cavallito License #92544

Last Buyer's Agent

Ann Cavallito

Peak, Swirles & Cavallito License #30805 Listed on: 10/27/2021

Property Details

Property Type

  • Land

Lot Details

  • 91.47 Acre Lot
  • Kennel or Dog Run
  • Fenced
  • Brush Vegetation
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot
  • Grass Covered Lot
  • Property is zoned Agri.

Parking

  • Driveway

Outdoor Features

  • Separate Outdoor Workshop

Schools

  • Mangum Elementary School
  • Lucas Middle School
  • Northern High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Grass Field
  • Stables

Utilities

  • Well
  • Phone Available

Property Details

Property Type

Land

Lot Details

91.47 Acres

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Co List Office Phone: 919-419-1234
  • Subdivision Name: Not in a Subdivision
  • Water Source Well: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Sudi Swirles: 919-475-8000 or Ann Cavallito: jcavallito@gmail.com. Exceptional 90+/- ac; Farmhouse can be renovated + addt’l building site overlooks pond. Established pastures; hardwds w/wooded perimeter. 30x120’ livestock barn; well/septic systems; extensive fencing; gravel roadways; 14 hydrants; generator. Creamery can be leased or remodeled. Conservation Easement in place; property cannot be divided. Great venue for agritourism & events. 25 mins to Durham, Duke & RDU. Showings by appointment ONLY.
  • Other Structures Workshop: Yes
  • General Property Information Horse YN2: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Fencing Fenced: Yes
  • Vegetation Cleared2: Yes
  • Vegetation Grassed: Yes
  • Vegetation Brush: Yes
  • Other Structures Barn(s): Yes
  • Lot Features Driveway2: Yes
  • Other Structures Stable(s)4: Yes
  • General Property Information Lot Size Acres: 91.47
  • Other Structures KennelDog Run: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Fenced
  • Acres: 91.47
  • Lot Features:Open Lot: Yes
  • Lot Features:Level: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Pasture2: Yes

Utilities

  • Utilities: Electricity Available, Phone Available, Other
  • Water Source: Well

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Lucas

Lot Info

  • Zoning: Agri.
  • Current Use: Cattle, Dairy, Grazing, Horses, Livestock, Nursery, Orchard, Row Crops, Other
  • Lot Size Sq Ft: 3984433.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Mangum

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
May 3, 2022
Sold by
Krabbe David
Bought by
Smith Jeremiah and Smith Sarah A
Seller's Agent
Ann Cavallito
Peak, Swirles & Cavallito
Buyer's Agent
Ann Cavallito
Peak, Swirles & Cavallito
List Price
$900,000
Sold Price
$900,000
Current Estimated Value
$1,023,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,000
Avg. Annual Appreciation
3.43%
Original Mortgage
$600,000
Outstanding Balance
$565,519
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$457,481

Purchase Details

Closed on
Sep 25, 2007
Sold by
Oakley Tony O and Oakley Gloria
Bought by
Krabbe David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,087
Interest Rate
6.57%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Jeremiah $1,085,000 None Listed On Document
Krabbe David $702,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jeremiah $600,000
Previous Owner Krabbe David $351,087
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $900,000 -- --
05/04/2022 05/04/22 Sold $900,000 0.0% --
02/18/2022 02/18/22 Pending -- -- --
10/27/2021 10/27/21 For Sale $900,000 -- --
Source: Doorify MLS

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 $5,464 $1,021,961 $371,359 $650,602
2024 $4,949 $919,498 $573,109 $346,389
2023 $4,603 $1,061,652 $573,109 $488,543
2022 $6,407 $687,673 $341,289 $346,384
2021 $3,511 $427,759 $81,375 $346,384
2020 $3,469 $427,759 $81,375 $346,384
2019 $3,469 $427,759 $81,375 $346,384
2018 $2,439 $278,251 $86,116 $192,135
2017 $2,411 $278,251 $86,116 $192,135
2016 $2,335 $295,251 $103,116 $192,135
2015 $908 $86,203 $64,135 $22,068
2014 $908 $86,203 $64,135 $22,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2415949

Doorify MLS

APN: 192129

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