NOT LISTED FOR SALE

520 Sunset Hill Siler City, NC 27344

Estimated Value: $917,932 - $1,491,000

3 Beds
3 Baths
4,000 Sq Ft
$288/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $700,000 $175 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,434/month

123 Days on Market

Highlights

  • 29 Acre Lot
  • 3 Car Detached Garage
  • Fenced
  • No HOA
  • Central Air
  • Lot Has A Rolling Slope

About This Home

As of December 2020

Stunning residential, equestrian & recreational property ideally located in popular Chatham County. Infrastructure includes a stunning timber frame home w/ heart pine floors, detached garage equipped w/ workshop & office/craft room, 6 & 4 stall barns, 2 large equipment sheds, 10,000+ft of fencing, massive refurbished poultry barn, & a gated entrance for maximum privacy. Land features include lush pastures, spring fed pond, rolling topography, long range views, tree lined gravel driveway, and much more!

Last Agent to Sell the Property

Ben Wolfe

Wolfe Farms and Land, LLC License #207232 Listed on: 07/06/2020

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1994

Lot Details

  • 29 Acre Lot
  • Rural Setting
  • Fenced
  • Lot Has A Rolling Slope
  • Cleared Lot

Parking

  • 3 Car Detached Garage
  • Carport
  • Gravel Driveway

Home Design

  • Log Siding

Interior Spaces

  • 3,724 Sq Ft Home
  • 3,300-4,000 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1361913
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 29
  • Lot Size: 29
  • Subdivision Name: None
  • Directions: From Siler City travel South on Airport Rd, turn R onto Lambert Chapel Rd, turn L onto Jim Gilliland Rd, turn R onto Sunset Hills Rd, look for gated entrance on R
  • Above Grade Finished Sq Ft: 3724
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1994
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3300 - 4000
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 3724
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cleared, Rolling Slope, Rural
  • Pool Features: None
  • Construction Type: Log
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Carport, Driveway, Garage, Gravel, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Heat Pump
  • Heating: Fireplace(s), Heat Pump, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1361913
  • Zoning: residental
  • TRIADMLS_AcresRange: 26 - 30

Tax Info

  • Tax Annual Amount: 4000
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Dec 23, 2020
Sold by
Hughes James G and Hughes Vivian L
Bought by
Shepard Shannon and Shepard Brian
Seller's Agent
Ben Wolfe
Wolfe Farms and Land, LLC
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$700,000
Current Estimated Value
$1,150,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,483
Avg. Annual Appreciation
10.36%
Original Mortgage
$713,804
Outstanding Balance
$635,184
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$515,299

Purchase Details

Closed on
Oct 20, 2017
Sold by
Ladybug Saddle Farm Llc
Bought by
Hughes James G and Hughes Vivian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2015
Sold by
Farnsworth John T and Farnsworth Stacey B
Bought by
Ladybug Saddle Farm Llc

Purchase Details

Closed on
Oct 25, 2013
Sold by
May John C and May Cheryl D
Bought by
Farnsworth John T and Farnsworth Stacey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
4.33%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Shepard Shannon $700,000 None Available
Hughes James G $672,000 None Available
Ladybug Saddle Farm Llc -- None Available
Farnsworth John T $615,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepard Shannon $713,804
Previous Owner Hughes James G $520,000
Previous Owner Farnsworth John T $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $700,000 -- $212 / Sq Ft
Source: Triad 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 $5,092 $695,055 $100,283 $594,772
2024 $5,092 $539,828 $122,261 $417,567
2023 $4,645 $539,828 $122,261 $417,567
2022 $4,309 $539,828 $122,261 $417,567
2021 $4,309 $539,828 $122,261 $417,567
2020 $4,920 $630,938 $127,650 $503,288
2019 $4,920 $630,938 $127,650 $503,288
2018 $0 $630,938 $127,650 $503,288
2017 $2,924 $389,767 $32,233 $357,534
2016 $2,611 $343,488 $29,993 $313,495
2015 $2,536 $343,488 $29,993 $313,495
2014 -- $343,488 $29,993 $313,495
2013 -- $343,488 $29,993 $313,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 984283

Triad MLS

APN: 68408