NOT LISTED FOR SALE

473 Cornwallis Rd Teachey, NC 28464

Estimated Value: $222,000 - $253,000

52 Acres
$4,682 Price per Acre
2,265,120 Sq Ft Lot

Last Sold April 06, 2022

Last sale price $572,400 $343 Per Sq Ft

Current estimated payment $1,386/month

2 Days on Market

Highlights

  • Barn
  • 52 Acre Lot
  • Separate Outdoor Workshop
  • Horses Allowed On Property
  • Wooded Lot
  • Level Lot

About This Lot

As of April 2022

Property to be sold at auction on Wed. Feb. 23rd at 12 noon. Broker pre-registration required. This 50+ acre tract is divided into 10 tracts from 1-11+ acres. You can buy one tract up to all 10! There is a farmhouse, an old barn converted into a sleek apartment and a super farm building and 40 X 60' clear span metal building. There are 3 large building lots AND four 10+ acre tracts that are mostly cleared. Price is for MLS purposes only. New survey and soils info on record.

Last Agent to Sell the Property

Jimmy Johnson

Johnson Properties Realtors License #96609 Listed on: 02/21/2022

Last Buyer's Agent

Jimmy Johnson

Johnson Properties Realtors License #96609 Listed on: 02/21/2022

Property Details

Property Type

  • Land

Lot Details

  • 52 Acre Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Grass Covered Lot

Parking

  • Driveway

Schools

  • Duplin County Schools Elementary And Middle School
  • Duplin County Schools High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Grass Field

Additional Features

  • Separate Outdoor Workshop
  • Barn
  • Perc Test On File For Septic Tank

Listing and Financial Details

  • Auction

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Water Source Public: Yes
  • Other Structures Workshop: Yes
  • General Property Information Horse YN2: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Special Listing Conditions Auction: Yes
  • Vegetation Grassed: Yes
  • Other Structures Barn(s): Yes
  • Sewer Perc Test On File: Yes
  • Lot Features Driveway2: Yes
  • Special Circumstances Auction2: Yes
  • General Property Information Lot Size Acres: 52.0
  • Special Features: Auction
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 52.0
  • Lot Features:Open Lot: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Schools

  • Ninth Grade High School: Duplin County Schools
  • Middle Or Junior School: Duplin County Schools

Lot Info

  • Current Use: Grazing, Horses, Row Crops, Unimproved
  • Lot Size Sq Ft: 2265120.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Duplin County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2022
Sold by
Forlaw Surratt Amelia and Forlaw John P
Bought by
Armstrong Tanya and Armstrong Danny
Current Estimated Value
$243,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$199,579
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$43,895

Purchase Details

Closed on
Jun 28, 2007
Sold by
Forlaw Maude Stuart
Bought by
Forlaw Surratt Amelia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Armstrong Tanya $220,000 Boehling Lawrence S
Forlaw Surratt Amelia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Tanya $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $572,400 -- --
04/06/2022 04/06/22 Sold $572,400 +98.1% $343 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $289,000 -- $173 / Sq Ft
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
2025 $1,332 $188,000 $25,000 $163,000
2024 $924 $101,100 $16,700 $84,400
2023 $924 $101,100 $16,700 $84,400
2022 $905 $101,100 $16,700 $84,400
2021 $904 $101,100 $16,700 $84,400
2020 $904 $101,100 $16,700 $84,400
2019 $813 $101,100 $16,700 $84,400
2018 $813 $101,100 $16,700 $84,400
2016 $793 $96,300 $14,600 $81,700
2013 $768 $96,300 $14,600 $81,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2432609

Doorify MLS

APN: 10-210