NOT LISTED FOR SALE

537 Penny Rd Beulaville, NC 28518

Estimated Value: $151,000

0.75 Acre
$201,333 Price per Acre
32,670 Sq Ft Lot

Last Sold April 09, 2020

Last sale price $20,000

Est. 655% increase in value since last sale

Current estimated payment $943/month

536 Days on Market

About This Lot

As of April 2020

.754 acre lot 150' road frontage on Penny Rd x 220' deep cleared lots Community water available and septic permit attached. Deed restrictions The conveyance is also made subject to the following restrictions, which said restrictions shall run with the land and be binding upon the Grantee and its successors and assigns:1. All conventional framed homes, stick, modular & double wide dwellings shall have a minimum of fourteen hundred (1,400) square feet of finished living area on the main floor, if a one story structure, and seventeen hundred (1,700) square feet of total living area if more than a one story structure. All homes shall be no more than five years old or newer. All dwellings shall be on a concrete foundation with a pitched roof.2. No trailers, single mobile homes, pick up campers, camper-type trailer and other recreational vehicles, basement, tent, shack, garage, barn or other out-building erected upon any property shall at any time be used as a residence temporarily or permanently, nor shall any structure of a temporary character be use as a residence.

Last Agent to Sell the Property

Doug Brown

Brown & Kennedy Const. Co, Inc dba Doug Brown Construction Co. & Real Estate License #39199 Listed on: 10/19/2018

Last Buyer's Agent

Doug Brown

Brown & Kennedy Const. Co, Inc dba Doug Brown Construction Co. & Real Estate License #39199 Listed on: 10/19/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,742

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 150'x220x150'x220
  • Rural Setting
  • Cleared Lot

Schools

  • Beulaville Elementary School
  • None Middle School
  • East Duplin High School

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 07-4096

Property Details

Property Type

Land

Est. Annual Taxes

$1,742

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 150

Utilities

  • Fuel Tank: None
  • Utilities: Community Water Available, Not Tested

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Lot Description: Rural
  • Lot Dimensions: 150'x220x150'x220
  • Lot Sq Ft: 32844.00
  • Cleared Acres: 0.75
  • Acres: 0.75
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 26666.67
  • Soil Evaluation: Soil Evaluation - No
  • Soil Evaluation Other: seller will provide
  • Topography: Cleared, Cleared/Partial

Tax Info

  • Tax Identifier: 07-4096
  • Tax Year: 2017

MLS Schools

  • Elementary School: Beulaville
  • High School: East Duplin
  • Middle School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Apr 2, 2020
Sold by
Brown Ada C Thigpen and Brown Macon D
Bought by
Boyette Christopher Ray and Merritt Melissa F
Seller's Agent
Doug Brown
Brown & Kennedy Const. Co, Inc dba Doug Brown Construction Co. & Real Estate
Buyer's Agent
Doug Brown
Brown & Kennedy Const. Co, Inc dba Doug Brown Construction Co. & Real Estate
List Price
$20,000
Sold Price
$20,000
Current Estimated Value
$151,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,000
Avg. Annual Appreciation
44.13%
Original Mortgage
$133,333
Outstanding Balance
$118,117
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$32,883
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 Buyer Sale Price Title Company
Boyette Christopher Ray $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyette Christopher Ray $133,333
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2020 04/09/20 Sold $20,000 0.0% --
04/07/2020 04/07/20 Pending -- -- --
10/19/2018 10/19/18 For Sale $20,000 -- --
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 $1,742 $260,800 $19,800 $241,000
2024 $103 $13,200 $13,200 $0
2023 $101 $13,200 $13,200 $0
2022 $101 $13,200 $13,200 $0
2021 $0 $13,200 $13,200 $0
2020 $103 $13,200 $13,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100137259

Hive MLS

APN: 07-4096-8