$90,000
SOLD AUG 28, 2024

5545 Silk Hope Gum Springs Rd Siler City, NC 27344

1.51 Acres
$59,603 Price per Acre
65,776 Sq Ft Lot

Recently Sold

10% Below List Price

206 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Level Lot
  • Wooded Lot

About This Lot

As of August 2024

Silk Hope opportunity: Calling all developers, builders, investors & private owners! A 1.5 acre tract of land in a bucolic setting amongst farmland and only a short distance to Silk Hope schools. No HOA! This wonderful site is already cleared with a very gentle slope and offers a possible basement opportunity towards the rear of the lot. HIGH SPEED FIBER is on the street and ready for connectivity! A conventional 4BR septic permit is in place with septic field identified (can perk for more since soils are exceptional); no visible rock outcroppings. Ideal home site setting is rear south-facing w/ a tree buffer in back. ONLY 2 LOTS REMAINING. This ideal lot is shovel-ready with no additional expense required to remove trees. Driveway entrance is DOT approved. Short distance to Pittsboro, Shopping, UNC, etc. Possible Seller Financing.

Last Agent to Sell the Property

Steve Doyle

NewStone Realty, LLC License #235997 Listed on: 01/12/2024

Last Buyer's Agent

Kelly McNabb

Costello Real Estate & Investm License #316961

Costello Real Estate & Investm

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $301

Lot Details

  • 1.51 Acre Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Silk Hope Elementary And Middle School
  • Jordan Matthews High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well Required
  • Perc Test On File For Septic Tank
  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$301

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: See Survey
  • Lot Features Partially Cleared: Yes
  • Utilities Cable Available: Yes
  • General Property Information Horse YN2: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Vegetation Cleared2: Yes
  • Water Source Need Well: Yes
  • Sewer Perc Test On File: Yes
  • General Property Information Lot Size Square Feet2: 65775.6
  • General Property Information Lot Size Acres: 1.51
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.51
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Need Well

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Chatham - Jordan Matthews
  • Middle Or Junior School: Chatham - Silk Hope

Lot Info

  • Current Use: Vacant
  • Lot Dimensions: See Survey
  • Lot Size Sq Ft: 65775.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 301.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Chatham - Silk Hope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Aug 15, 2024
Sold by
Doyle Stephen J and Doyle Lisa A
Bought by
Travars Built Homes Inc
Seller's Agent
Steve Doyle
NewStone Realty, LLC
Buyer's Agent
Kelly McNabb
Costello Real Estate & Investm
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.70%
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
Warranty Deed $180,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $754,000 +737.8% $314 / Sq Ft
08/28/2024 08/28/24 Sold $90,000 0.0% --
08/06/2024 08/06/24 Pending -- -- --
08/06/2024 08/06/24 Price Changed $90,000 -5.3% --
02/24/2024 02/24/24 Price Changed $95,000 -5.0% --
01/12/2024 01/12/24 For Sale $100,000 -- --
Source: Doorify 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
2024 $310 $37,655 $37,655 $0
2023 $289 $37,655 $37,655 $0
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Lara Travars

    Costello Real Estate & Investm

    (919) 812-3154

    13 Total Sales

    Section Image
  • Steve Doyle

    Seller's Agent in 2024

    Steve Doyle

    NewStone Realty, LLC

    (919) 622-6078

    109 Total Sales

    Section Image
  • Kelly McNabb

    Buyer's Agent in 2024

    Kelly McNabb

    Costello Real Estate & Investm

    (919) 391-0315

    22 Total Sales

    Section Image
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Map

Source: Doorify MLS

MLS Number: 10006058

Doorify MLS

APN: 0095547

North Carolina Chatham County Siler City 27344

5545 Silk Hope Gum Springs Rd, Siler City, NC

This home is located at 5545 Silk Hope Gum Springs Rd, Siler City, NC 27344 and is currently priced at $90,000. 5545 Silk Hope Gum Springs Rd is a home located in Chatham County with nearby schools including Silk Hope School, Jordan Matthews High, and Haw River Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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