NOT LISTED FOR SALE

517 Loray Farm Rd Dallas, NC 28034

Estimated Value: $293,000 - $552,701

3 Beds
2 Baths
1,393 Sq Ft
$303/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $430,000 $309 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,465/month

169 Days on Market

Highlights

  • Barn
  • 25.65 Acre Lot
  • Living Room with Fireplace
  • Stables
  • Pond
  • Wooded Lot

About This Home

As of February 2021

Incredible farm property! Over 25 acres with barns, stables, large pond, pastures, chicken house, lean to, sheds, fruit trees & more. Well maintained ranch home with a basement. Remodeled kitchen - granite countertops, tile backsplash, & stainless steel appliances. Beautiful hardwoods throughout. Updated guest bathroom - tile floors, tile surround, granite counter tops. Lots of storage. Master bedroom has private master bathroom. Master bath renovated with tile walk in shower, new vanity, tile flooring. Updated vinyl windows. Large basement with den, workshop, laundry/storage spot. 36x41 stables with 2 - 12 ft lean to additions, wired, plumbing, tack room, & wash stall. 40x24 metal workshop. Irrigation in the pastures every 30 feet connected to pond.

Last Agent to Sell the Property

Katy Moss

Moss Realty Brokerage Email: katy@mossrealty.com License #264147 Listed on: 07/22/2020

Last Buyer's Agent

Glynis Giles

Keller Williams Unified License #241217

Keller Williams Unified

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,906

Year Built

  • Built in 1970

Lot Details

  • 25.65 Acre Lot
  • Fenced
  • Open Lot
  • Wooded Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Basement Garage

Home Design

  • Ranch Style House
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Pond
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Schools

  • Costner Elementary School
  • W.C. Friday Middle School
  • North Gaston High School

Farming

  • Barn
  • Crops
  • Machine Shed
  • Pasture

Horse Facilities and Amenities

  • Stables

Utilities

  • Central Heating
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 222192

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,906

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1970
  • Restrictions: No Restrictions
  • Road Surface Type: Asphalt
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 308.69
  • Attribution Contact: katy@mossrealty.com
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Interior Amenities: Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1393
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1393
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 164
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1557
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave
  • Above Grade Finished Sq Ft: 1393
  • Has Basement: Basement, Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den, Living Room
  • Living Area: 1393
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Other Structures: Barn(s), Outbuilding, Shed(s), Tractor Shed, Workshop
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Heat Pump, Other - See Remarks
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Ceiling Fan(s)
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: W.C. Friday
  • HOA Subject To: None

Lot Info

  • Lot Features: Crops, Orchard(s), Open Lot, Pasture, Pond(s), Wooded
  • Lot Size Units: Acres
  • Parcel Number: 222192
  • Horse Amenities: Stable(s)
  • Lot Size Acres: 25.65
  • Lot Size: 25.65
  • Lot Size Sq Ft: 1117314
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

MLS Schools

  • Elementary School: Costner
  • High School: North Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Feb 12, 2021
Sold by
Redfearn John O and Redfearn Agnes L
Bought by
Latten Paul L
Seller's Agent
Katy Moss
Moss Realty
Buyer's Agent
Glynis Giles
Keller Williams Unified
List Price
$499,900
Sold Price
$430,000
Premium/Discount to List
-$69,900
-13.98%
Current Estimated Value
$421,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,325
Avg. Annual Appreciation
-0.41%
Original Mortgage
$295,000
Outstanding Balance
$263,387
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$158,288
Source: Public Records

Range of Values:

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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
Latten Paul L $430,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latten Paul L $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $430,000 -14.0% $309 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
07/22/2020 07/22/20 For Sale $499,900 -- $359 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,906 $407,010 $111,660 $295,350
2024 $2,319 $407,010 $111,660 $295,350
2023 $2,257 $407,010 $111,660 $295,350
2022 $1,717 $244,700 $81,250 $163,450
2021 $1,758 $244,700 $81,250 $163,450
2020 $1,721 $244,700 $81,250 $163,450
2019 $1,739 $244,700 $81,250 $163,450
2018 $1,178 $124,957 $23,285 $101,672
2017 $1,208 $124,957 $23,285 $101,672
2016 $1,208 $128,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3643879

Canopy MLS (Canopy Realtor® Association)

APN: 222192