NOT LISTED FOR SALE

516 Surles Rd Benson, NC 27504

Estimated Value: $564,000

45.8 Acres
$12,314 Price per Acre
1,995,048 Sq Ft Lot

Last Sold October 24, 2022

Last sale price $1,053,000

Est. 46% decrease in value since last sale

Current estimated payment $3,296/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • Wooded Lot
  • Grass Covered Lot
  • 45.8 Acre Lot
  • Level Lot

About This Lot

As of October 2022

This is an absolutely gorgeous tract located just minutes from the I 40 / I -95 interchange just off NC 50 South of Benson. The tract has approx. 800 ft. of frontage and is predominantly cleared and presently in crop rotation. If you have been looking for a horse farm or just want your own homestead- look no further. this tract should not last long as it is a rare find. Located right on the edge of the Benson ETJ. There is a small irrigation pond on the property for watering livestock.

Last Agent to Sell the Property

Jimmy Johnson

Johnson Properties Realtors License #96609 Listed on: 02/05/2022

Last Buyer's Agent

Kasey Shipwash

RE/MAX SOUTHLAND REALTY II License #270657

RE/MAX SOUTHLAND REALTY II

Property Details

Property Type

  • Land

Lot Details

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

Schools

  • Benson Elementary And Middle School
  • S Johnston High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Grass Field

Utilities

  • Septic Needed
  • Phone Available

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
  • General Property Information Lot Size Dimensions: 1200' x 1651' approx.
  • General Property Information Horse YN2: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Vegetation Grassed: Yes
  • General Property Information Lot Size Acres: 45.8
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 45.8
  • Lot Features:Open Lot: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Electricity Available, Phone Available

Schools

  • Ninth Grade High School: Johnston - S Johnston
  • Middle Or Junior School: Johnston - Benson

Lot Info

  • Current Use: Grazing, Row Crops, Unimproved
  • Lot Dimensions: 1200' x 1651' approx.
  • Lot Size Sq Ft: 1995048.0
  • ResoLotSizeUnits: Acres
  • Wooded Area: 7.5
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Johnston - Benson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Oct 5, 2022
Sold by
Marvin L Smith Revocable Trust
Bought by
Surles Road Land Development Llc
Seller's Agent
Jimmy Johnson
Johnson Properties Realtors
Buyer's Agent
Kasey Shipwash
RE/MAX SOUTHLAND REALTY II
List Price
$1,145,000
Sold Price
$1,053,000
Premium/Discount to List
-$92,000
-8.03%
Current Estimated Value
$564,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$489,000
Avg. Annual Appreciation
-17.93%

Purchase Details

Closed on
Nov 28, 2018
Sold by
Smith Marvin L and Family Estate Trust
Bought by
Smith Marvin L and Marvin L Smith Revocable Trust

Purchase Details

Closed on
Apr 23, 2014
Sold by
Smith Marvin L
Bought by
Lassiter Mark Wilson and Lassiter Deanna Massengill

Purchase Details

Closed on
Feb 27, 2013
Sold by
Smith Marvin L and Estate Of Helen P Smith
Bought by
Smith Marvin L and Family Estate Trust

Purchase Details

Closed on
Jul 24, 2012
Sold by
Smith Marvin L
Bought by
Smith Marvin L and Marvin L Smith Revocable Trust
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
Surles Road Land Development Llc -- --
Surles Road Land Dev Llc -- None Listed On Document
Surles Road Land Development Llc $1,519,000 --
Surles Road Land Dev Llc $1,519,000 None Listed On Document
Smith Marvin L -- None Available
Lassiter Mark Wilson $125,000 None Available
Smith Marvin L -- None Available
Smith Marvin L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $1,053,000 -- --
10/24/2022 10/24/22 Sold $1,053,000 -8.0% --
02/11/2022 02/11/22 Pending -- -- --
02/05/2022 02/05/22 For Sale $1,145,000 -- --
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
2025 $4,001 $630,140 $630,140 $0
2024 $2,435 $300,560 $300,560 $0
2023 $2,435 $300,560 $300,560 $0
2022 $296 $300,560 $300,560 $0
2021 $296 $300,560 $300,560 $0
2020 $300 $300,560 $300,560 $0
2019 $300 $300,560 $300,560 $0
2018 $0 $146,160 $146,160 $0
2017 $298 $146,160 $146,160 $0
2016 $295 $146,160 $146,160 $0
2015 $357 $146,160 $146,160 $0
2014 $357 $203,130 $203,130 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Johnson

    Seller's Agent in 2022

    Jimmy Johnson

    Johnson Properties Realtors

    (919) 639-2231

    7 in this area

    143 Total Sales

    Jimmy Johnson
    Section Image

  • K

    Buyer's Agent in 2022

    Kasey Shipwash

    RE/MAX

    (919) 868-4107

    10 in this area

    80 Total Sales

    Kasey Shipwash
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2430203

Doorify MLS

APN: 01F11077F

North Carolina Johnston County Benson 27504

516 Surles Rd, Benson, NC

Not Listed for Sale

Lots

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