NOT LISTED FOR SALE

5432 Friendly Baptist Ch Rd Unit 7 Indian Trail, NC 28079

Estimated Value: $637,000 - $876,000

6 Acres
$128,326 Price per Acre
261,360 Sq Ft Lot

Last Sold October 22, 2015

Last sale price $62,000

Est. 1,142% increase in value since last sale

Current estimated payment $4,315/month

292 Days on Market

About This Lot

As of October 2015

Rare opportunity awaits someone wanting land for a few horses and a new home. Property on Friendly Baptist Church Road a mile from Porter Ridge Schools to the south and I/2 mile to Lawyers Road on the north. Land has perc site approved and county water is on the road. Land is mostly open with some woods on right property line. The 6 acres is part of a 49 acre tract that listing agent did minor-subdivision on several years ago.

Last Agent to Sell the Property

Ron Rushing

Central Carolina Real Estate Group LLC License #114424 Listed on: 10/09/2014

Last Buyer's Agent

Linda Singer

Southern Homes of the Carolinas, Inc License #284394

Property Details

Property Type

  • Land

Lot Details

  • Property is zoned Residential Acreage

Listing and Financial Details

  • Assessor Parcel Number 08231008C

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 1.03506
  • Ratio Close Price By Original Li: 1.03506
  • Ratio Current Price By Acre: 10333.33
  • Additional Information: Perc Report
  • Special Features: None

Utilities

  • Sewer: Septic Tank

Lot Info

  • Lot Dimension: irregular
  • Parcel Number: 08231008C
  • Zoning: Residential Acreage
  • Zoning Specification: R40
  • Plat Reference Section Pages: 690

Tax Info

  • Tax Value: 79050.00
  • Tax Location: Unionville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Deacon Eric W and Deacon Amber L
Bought by
Brower James M and Brower Cara
Current Estimated Value
$769,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$369,566
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$400,393

Purchase Details

Listed on
Oct 9, 2014
Closed on
Oct 22, 2015
Sold by
Johnson Delaveez Emily and Johnson Michael Shaun
Bought by
Deacon Eric W and Owens Amber L
Seller's Agent
Ron Rushing
Central Carolina Real Estate Group LLC
Buyer's Agent
Linda Singer
Southern Homes of the Carolinas, Inc
List Price
$59,900
Sold Price
$62,000
Premium/Discount to List
$2,100
3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.58%
Original Mortgage
$44,625
Interest Rate
3.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 2, 2014
Sold by
Rushing Brandon C and Rushing Shaunna M
Bought by
Moss Tyler Harrison and Moss Brittany L

Purchase Details

Closed on
Nov 12, 2009
Sold by
Collins April F and Collins Jerry B
Bought by
Rushing Ron R and Ron R Rushing Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,448
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2009
Sold by
Rushing Ron R and Rushing Belinda Kay
Bought by
Efird Michael Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,448
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2009
Sold by
Collins April F and Collins Jerry B
Bought by
Rushing Ron R and Ron R Rushing Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,448
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2009
Sold by
Payvar Hooman and Payvar Lori
Bought by
Trust Under The Will Of Michael Shaun Jo

Purchase Details

Closed on
Feb 10, 2009
Sold by
Collins April F and Collins Jerry B
Bought by
Payvar Hooman and Payvar Lori
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
Brower James M $520,000 Morehead Title Company
Deacon Eric W $62,000 Attorney
Moss Tyler Harrison $149,000 None Available
Rushing Ron R $39,000 None Available
Efird Michael Shane $218,000 None Available
Rushing Ron R $42,000 None Available
Trust Under The Will Of Michael Shaun Jo $56,500 None Available
Payvar Hooman $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brower James M $416,000
Previous Owner Deacon Eric W $44,625
Previous Owner Efird Michael Shane $222,448
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $62,000 +3.5% --
07/28/2015 07/28/15 Pending -- -- --
10/09/2014 10/09/14 For Sale $59,900 -- --
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
2024 $3,321 $491,500 $59,800 $431,700
2023 $3,290 $491,500 $59,800 $431,700
2022 $3,090 $475,900 $59,800 $416,100
2021 $3,187 $475,900 $59,800 $416,100
2020 $2,639 $340,130 $48,430 $291,700
2019 $2,664 $340,130 $48,430 $291,700
2018 $2,325 $303,130 $48,430 $254,700
2017 $2,477 $303,100 $48,400 $254,700
2016 $381 $48,430 $48,430 $0
2015 $386 $48,430 $48,430 $0
2014 $532 $79,050 $79,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3040543

Canopy MLS (Canopy Realtor® Association)

APN: 08-231-008-C