NOT LISTED FOR SALE

5553 Old Nc 75 Hwy Oxford, NC 27565

Estimated Value: $668,855

42.2 Acres
$15,850 Price per Acre
1,838,232 Sq Ft Lot

Last Sold January 18, 2022

Last sale price $480,000

Est. 39% increase in value since last sale

Current estimated payment $3,771/month

23 Days on Market

Highlights

  • Private Waterfront
  • Heavily Wooded Lot
  • Lot Has A Rolling Slope
  • 42.2 Acre Lot
  • Grass Field
  • Grass Covered Lot

About This Lot

As of January 2022

Rare Tar River property for sale. The land has 2,300 feet of frontage along the Tar River with multiple, potential homesites overlooking the river. A walking/ATV trail travels along the river, providing easy access to the water. The river contains both rocky riffles and slow moving water and is suitable for fishing, kayaking and canoeing. Includes 12 acres of open land, large hardwood timber, gated gravel driveway, soil types that normally perc well, frontage along Old NC 75 and access from Alice Drive.

Last Agent to Sell the Property

Rodney Finkbiner

Carolina Forestry & Realty License #185691 Listed on: 11/23/2021

Last Buyer's Agent

Keith Brouillard

Carolina Forestry & Realty License #185655

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,954

Lot Details

  • 42.2 Acre Lot
  • Private Waterfront
  • 2,300 Feet of Waterfront
  • River Front
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot
  • Grass Covered Lot

Schools

  • Butner - Stem Elementary School
  • Butner/Stem Middle School
  • Granville Central High School

Utilities

  • Well Required
  • Septic Needed

Additional Features

  • In Flood Plain
  • Grass Field

Property Details

Property Type

Land

Est. Annual Taxes

$2,954

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Water Frontage Length2: 2300.0
  • Waterfront Access Private Ownership: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Vegetation Heavily Wooded: Yes
  • Water Source Need Well: Yes
  • Vegetation Grassed: Yes
  • Lot Features Flood Plains: Yes
  • General Property Information Lot Size Acres: 42.2
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Water Body Name: Tar River
  • Acres: 42.2
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Rolling Slope: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: None
  • Water Source: Need Well

Schools

  • Ninth Grade High School: Granville - Granville Central
  • Middle Or Junior School: Granville - Butner/Stem Middle

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 1838232.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Granville - Butner - Stem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2022
Sold by
Mullen George Thomas
Bought by
Mullen Lowell Thomas and Mullen April
Current Estimated Value
$668,855

Purchase Details

Listed on
Nov 23, 2021
Closed on
Jan 18, 2022
Sold by
Nc Land Investments Llc
Bought by
Metzger Thomas George and Metzger Silvia West
Seller's Agent
Rodney Finkbiner
Carolina Forestry & Realty
Buyer's Agent
Keith Brouillard
Carolina Forestry & Realty
List Price
$555,000
Sold Price
$480,000
Premium/Discount to List
-$75,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%

Purchase Details

Closed on
May 20, 2011
Sold by
King David W and King Elizabeth
Bought by
Nc Land Investments Llc
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
Mullen Lowell Thomas $40,000 None Listed On Document
Metzger Thomas George $480,000 Cross James E
Nc Land Investments Llc $160,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $480,000 -- --
01/18/2022 01/18/22 Sold $480,000 -13.5% --
12/16/2021 12/16/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $555,000 -- --
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
2025 $2,954 $432,034 $432,034 $0
2024 $2,954 $432,034 $432,034 $0
2023 $946 $104,189 $104,189 $0
2022 $1,075 $118,555 $118,555 $0
2021 $1,004 $118,555 $118,555 $0
2020 $1,004 $118,555 $118,555 $0
2019 $1,004 $118,555 $118,555 $0
2018 $1,004 $118,555 $118,555 $0
2016 $1,067 $120,326 $120,326 $0
2015 $1,007 $120,326 $120,326 $0
2014 $1,007 $120,326 $120,326 $0
2013 -- $120,326 $120,326 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rodney Finkbiner

    Carolina Forestry & Realty

    (800) 706-8280

    57 Total Sales

    Rodney Finkbiner
    Section Image

  • K

    Buyer's Agent in 2022

    Keith Brouillard

    Carolina Forestry & Realty

    (919) 510-4663

    119 Total Sales

    Keith Brouillard
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2420646

Doorify MLS

APN: 099104617143

North Carolina Granville County Oxford 27565

5553 Old Nc 75 Hwy, Oxford, NC

Not Listed for Sale

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