$50,000
SOLD AUG 8, 2013

5319 Lake Wilson Rd Unit A Elm City, NC 27822

9 Acres
$5,556 Price per Acre
392,040 Sq Ft Lot

Recently Sold

$17 Per Sq Ft

38% Below List Price

750 Days on Market

Highlights

  • Wooded Lot
  • Pasture
  • Level Lot

About This Lot

As of May 2014

9 ACRES OF BEAUTIFUL WOODED PROPERTY. OWNER WILL CONSIDER SELLING MORE OR LESS AND PRICE PER ACRE. THIS PROPERTY ALREADY HAS DEEP WELL AND LARGE SEPTIC TANK, UNDERGROUND ELECTRICITY & PHONE LINES, LARGE INDOOR POOL BUILDING(has not been used in a while and needs some repair. No value has been put on pool house). PROPERTY JUST BEYOND LONDON'S CHURCH ROAD ON LEFT. LOOK FOR SIGN.

Last Agent to Sell the Property

Glendy Gregory

Chesson Realty License #28371 Listed on: 05/23/2011

Last Buyer's Agent

Jane Evans

Our Town Properties Inc. License #237867

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,714

Lot Details

  • 9 Acre Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned Rural home

Schools

  • Frederick Douglass Elementary School
  • Elm City Middle School
  • Fike High School

Farming

  • Pasture

Utilities

  • Well
  • On Site Septic
  • Septic Tank

Community Details

  • Wilson County Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3734-19-3534

Property Details

Property Type

Land

Est. Annual Taxes

$2,714

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)

Utilities

  • Fuel Tank: None
  • Utilities: Septic On Site, Well Water

Lot Info

  • Lot Description: Pasture, Wooded
  • Zoning: Rural home
  • Acres: 9.00
  • Current Use: Residential, Timber
  • Environmental Hazard: No, Unknown
  • List Price per Acre: 8888.89
  • Topography: Cleared/Partial, Level

Tax Info

  • Tax Identifier: 3734-19-3534

MLS Schools

  • Elementary School: Frederick Douglass
  • High School: Fike
  • Middle School: Elm City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2013
Closed on
May 13, 2014
Sold by
Brewer Douglas C and Brewer Priscilla R
Bought by
Janopolis Christopher Nicklis and Frey Erin Patricia
Seller's Agent
Allyson Moye
Womble Real Estate
Buyer's Agent
Non-mls Agent
Non Member Office
List Price
$298,500
Sold Price
$298,500
Current Estimated Value
$504,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,633
Avg. Annual Appreciation
4.47%
Original Mortgage
$283,575
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2011
Closed on
Aug 7, 2013
Sold by
Brewer Douglas C and Brewer Priscilla A
Bought by
Smith Donald Lee and Smith Susan
Seller's Agent
Glendy Gregory
Chesson Realty
Buyer's Agent
Jane Evans
Our Town Properties Inc.
List Price
$80,000
Sold Price
$50,000
Premium/Discount to List
-$30,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
918.03%
Original Mortgage
$35,400
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $299,000 None Available
Warranty Deed $50,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,500 New Conventional
Closed $283,575 New Conventional
Previous Owner $35,400 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $298,500 0.0% $104 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
12/12/2013 12/12/13 For Sale $298,500 +497.0% $104 / Sq Ft
08/08/2013 08/08/13 Sold $50,000 -37.5% $17 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
05/23/2011 05/23/11 For Sale $80,000 -- $28 / Sq Ft
Source: Hive 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 $2,714 $391,088 $71,303 $319,785
2024 $2,714 $391,088 $71,303 $319,785
2023 $2,584 $305,024 $70,803 $234,221
2022 $2,584 $305,024 $70,803 $234,221
2021 $2,407 $305,024 $70,803 $234,221
2020 $2,407 $305,024 $70,803 $234,221
2019 $2,407 $305,024 $70,803 $234,221
2018 $2,407 $288,929 $70,803 $218,126
2017 $2,246 $288,929 $70,803 $218,126
2016 $2,281 $288,929 $70,803 $218,126
2014 $2,090 $264,325 $66,474 $197,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 60046633

Hive MLS

APN: 3734-19-3534.000