NOT LISTED FOR SALE

5356 Meredith Ln Bailey, NC 27807

Estimated Value: $312,000 - $326,000

3 Beds
2 Baths
1,498 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $312,996 $209 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,848/month

8 Days on Market

Highlights

  • 1 Fireplace
  • Covered Patio or Porch
  • Walk-In Closet
  • No HOA
  • Tray Ceiling
  • Laundry Room

About This Home

As of December 2023

New construction on 2 acre lot in Rural Nash County. Open floor plan. 3BR/2BA with 2 car garage. Large family room. Kitchen Island with granite countertops. Custom cabinets and stainless steel appliances. Master bedroom with trey ceiling and walk-in closet. Master bath has ceramic tile shower. Double sink vanity with granite countertop. Hall bath has fiberglass tub/shower combo, single sink vanity with granite countertop. Smooth painted 9 ft. ceiling throughout home. LVP flooring in foyer. Family room, Kitchen and Dining area. Carpet in all bedrooms. LVP in Laundry room and bath. Duke Progress Energy. County Water and On-Site Septic. County Taxes Only.

Last Agent to Sell the Property

Jeff Stone

Stone Auction & Realty License #218722 Listed on: 08/21/2023

Co-Listed By

Kay Mitchell

Stone Auction & Realty License #216183

Last Buyer's Agent

Gena Winstead

Keller Williams Realty License #246200

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 2.03 Acre Lot
  • Lot Dimensions are 139.67 x 700.12 x 114.37 x 669.90
  • Property fronts a private road
  • Property fronts an easement
  • Open Lot
  • Property is zoned R40

Home Design

  • Brick Foundation
  • Raised Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,498 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway

Schools

  • Bailey Elementary School
  • Southern Nash Middle School
  • Southern Nash High School

Utilities

  • Central Air
  • Heat Pump System
  • On Site Septic
  • Septic Tank

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Sanders Acres Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 276400745928

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Microwave - Built-In, Stove/Oven - Electric
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 46.00
  • Directions To Property: From Wilson: Take Raleigh Road PKWY W 5.9 miles. continue onto US-264 ALT W for 5.1 miles. Turn right on Pace Road for 1.3 miles. Home on left. From Raleigh : US-264 East to exit 11 Bailey/Soring Hope turn right .4 mile left at stop light. Go 1.1 miles turn left at Pace Road. Go 1.3 miles on Pace Road. Turn left onto Meredith Lane home on the right.
  • Document Count: 5
  • Elementary School: Bailey
  • Fencing: None
  • Fireplace: 1
  • Foundation: Brick/Mortar, Raised, Slab
  • Fuel Tank: None
  • Green Bldg Features: LED Lighting
  • Handicap Accessible: None
  • High School: Southern Nash
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100400981
  • List Priceper Sq Ft: 208.68
  • Location Type: Mainland
  • Lot Acres: 2.03
  • Lot Description: Open
  • Lot Dimensions: 139.67 X 700.12 X 114.37 X 669.90
  • Lot Number: 1
  • Lot Sq Ft: 88427.00
  • Marketing City: Bailey
  • Middle School: Southern Nash
  • M L S Approved: Y
  • New Construction: Yes
  • Porch Balcony Deck: Covered, Porch
  • Presale: No
  • Prospect Exempt: No
  • Road Type Frontage: Easement, Private
  • Sign On Property: Yes
  • Sq Ft Heated: 1498.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Sanders Acres
  • Tax Identifier: 276400745928
  • Tax Year: 2023
  • Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
  • Total Heated Primary Separate Sq Ft: 1498.00
  • Year Built: 2023
  • Zoning: R40
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Flooring: Carpet, LVT/LVP
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Ceiling - Trey, Ceiling Fan(s), Smoke Detectors, Walk-In Closet
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete, On Site

Utilities

  • Heated Sq Ft: 1400 - 1599
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Dec 8, 2023
Sold by
Woodcraft Home Builders Llc
Bought by
Jennings Marc Eugene and Jennings Nerissa Oller
Seller's Agent
Jeff Stone
Stone Auction & Realty
Buyer's Agent
Gena Winstead
Keller Williams Realty
List Price
$312,596
Sold Price
$312,996
Premium/Discount to List
$400
0.13%
Views
7
Current Estimated Value
$319,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,017
Avg. Annual Appreciation
0.94%
Original Mortgage
$230,000
Outstanding Balance
$226,369
Interest Rate
7.76%
Mortgage Type
VA
Estimated Equity
$92,644

Purchase Details

Closed on
May 18, 2023
Sold by
Brenton Corporation
Bought by
Woodcraft Home Builders Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jennings Marc Eugene -- None Listed On Document
Woodcraft Home Builders Llc $42,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings Marc Eugene $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $312,996 +0.1% $209 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $312,596 -- $209 / 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 $2,155 $285,760 $30,000 $255,760
2024 $2,125 $28,430 $28,430 $0
2023 $210 $28,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100400981

Hive MLS

APN: 2764-00-74-5928