NOT LISTED FOR SALE

554 Ted Smith Rd Rutherfordton, NC 28139

Estimated Value: $1,102,751

113 Acres
$9,759 Price per Acre
4,922,280 Sq Ft Lot

Last Sold August 04, 2025

Last sale price $1,100,000 $772 Per Sq Ft

Current estimated payment $5,812/month

528 Days on Market

Highlights

  • Barn
  • 113 Acre Lot
  • Property is near a creek
  • Horses Allowed On Property
  • Additional Land
  • Partially Fenced Property

About This Lot

As of August 2025

Welcome to Cooley Farms Ranch! This remarkable once in a lifetime offering features a working farm situated on over 113 acres of pristine rolling land complete with panoramic views. Beautiful storage container home with ornate woodwork throughout, a 4 stall insulated barn with separate climate controlled tasting/meeting room, separate outside bay, along with storage. Countless acres sewn in profitable Sericea crop, rolling hills, and did I mention the views? Looking for less than 113 acres? This ranch can be subdivided into smaller tracts as shown in Exhibit A, or purchase the entire farm. Prime investment opportunity with limitless options, subdivide, build an estate, plant apples or grapes, keep the fields going for hay, etc. etc. Just a few minutes from the border of SC and about 15 minutes outside of Forest City puts this prime parcel close to everything, yet still out in the country. Private gated access to the home which features a wrap around screen porch, tasteful woodwork throughout, loft sleeping area, full kitchen, plus two wings and plenty of storage in the rear. This building was constructed professionally using metal shipping containers welded together, it is durable and built to last yet tastefully brought together with the warmth of the custom woodwork throughout. Come schedule your very own private viewing of this most unique property today, you will be so glad you did! So unique, and so many options.

Last Agent to Sell the Property

Abe Mills

Keller Williams Grv Upst License #111304 Listed on: 12/07/2023

Keller Williams Grv Upst

Last Buyer's Agent

NON MLS MEMBER

Non MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $418

Lot Details

  • 113 Acre Lot
  • Property fronts a county road
  • Partially Fenced Property
  • Open Lot
  • Lot Has A Rolling Slope
  • Additional Land

Farming

  • Barn
  • Crops
  • Fenced For Horses

Utilities

  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Outbuilding
  • Property is near a creek
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 1609869, 1609870, 1606391

Property Details

Property Type

Land

Est. Annual Taxes

$418

Lot Details

0

Listing Details

  • Location: Rural
  • Estimated Number of Acres: 113
  • Class: Lots/Land
  • Equestrian Property: Yes
  • Equestrian Prop Features: Fenced
  • Lot Size Acreage: Over 100 Acres
  • Lvt Date: 12/07/2023
  • Type: Acreage
  • Water Company: well
  • Restrictions: No Restrictions
  • Assessor Parcel Number: 1609869, 1609870, 1606391
  • Topography: Rolling
  • Miscellaneous: Barn/Shed, Cable Available, Fencing-Partial, Phone Available, Storage Building, Will Consider Dividing, Additional Acreage, Outbuildings
  • Prop Description: Creek, Cropland, Open
  • Type Property: Agricultural
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: County Road, Paved Road

Utilities

  • Sewer: Septic
  • Water: Well

Tax Info

  • Total Taxes: 417.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Aug 4, 2025
Sold by
Cooley Marshall F and Cooley Betty Jo
Bought by
King William Cory and King Mary Winifred
Seller's Agent
Abe Mills
Keller Williams Grv Upst
Buyer's Agent
NON MLS MEMBER
Non MLS
List Price
$2,100,000
Sold Price
$1,100,000
Premium/Discount to List
-$1,000,000
-47.62%
Views
69
Current Estimated Value
$1,102,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,751
Avg. Annual Appreciation
0.55%

Purchase Details

Closed on
Oct 2, 2000
Bought by
Cooley Marshall F and Cooley Betty Jo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
King William Cory $1,100,000 None Listed On Document
King William Cory $1,100,000 None Listed On Document
Cooley Marshall F $30,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2025 08/04/25 Sold $1,100,000 -12.0% $772 / Sq Ft
12/11/2024 12/11/24 Price Changed $1,250,000 -16.7% $878 / Sq Ft
03/15/2024 03/15/24 Price Changed $1,500,000 -28.6% $1,053 / Sq Ft
12/07/2023 12/07/23 For Sale $2,100,000 -- $1,475 / Sq Ft
Source: Greater Greenville Association of REALTORS®

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 $412 $206,800 $142,300 $64,500
2024 $378 $206,800 $142,300 $64,500
2023 $496 $206,800 $142,300 $64,500
2022 $496 $149,000 $81,100 $67,900
2021 $489 $149,000 $81,100 $67,900
2020 $482 $149,000 $81,100 $67,900
2019 $474 $149,000 $81,100 $67,900
2018 $584 $166,000 $81,100 $84,900
2016 $216 $110,000 $81,100 $28,900
2013 -- $110,000 $81,000 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Greenville Association of REALTORS®

MLS Number: 1514299

Greater Greenville Association of REALTORS®

APN: 1609869