NOT LISTED FOR SALE

5720 Farmstead Rd Bailey, NC 27807

Estimated Value: $467,000 - $546,000

4 Beds
3 Baths
2,777 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $476,700 $172 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,154/month

37 Days on Market

Highlights

  • New Construction
  • Cathedral Ceiling
  • Attic
  • Craftsman Architecture
  • Main Floor Primary Bedroom
  • Bonus Room

About This Home

As of March 2022

The new construction for the discerning home buyer: solid framing, hardiplank siding, and upscale interior finishes. Open floor plan, Great room w/ fireplace and built-ins, kitchen w/ breakfast bar, quartz countertops, walk-in pantry, true exhaust, ss appliances. Ceramic tile floors in baths & laundry room, all baths have tile showers & tubs. Laundry/Mud room with bench & cabinets. Flooring: laminate plank & carpet. All wood shelving. Screen porch. County taxes only. Rural subd., only 35 min. to Raleigh.

Last Agent to Sell the Property

Kay Mitchell

Stone Auction & Realty License #216183 Listed on: 11/02/2021

Last Buyer's Agent

David Ridgway

Ridgway Realty License #140969

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $247

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 129' x 319' x 117' x 350'
  • Landscaped
  • Corner Lot
  • Cleared Lot
  • Property is zoned R40

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Craftsman Architecture
  • Brick Foundation
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,777 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Crawl Space
  • Attic Floors
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Bailey Elementary School
  • Southern Nash Middle School
  • Southern Nash High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Accessible Washer and Dryer
  • Energy-Efficient Lighting

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Built by Carew Homes, LLC
  • Morganshire Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$247

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Builder Name: Carew Homes, LLC
  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Morganshire
  • Above Grade Finished Sq Ft: 2777.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 129' x 319' x 117' x 350'
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2022-03-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Partially Cleared: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Architectural Style Craftsman: Yes
  • General Property Information Senior Community YN: No
  • Flooring Laminate: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Foundation Details Block3: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Above Grade Finished Area: 2777.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 40075.2
  • General Property Information Lot Size Acres: 0.92
  • General Property Information Builder Name: Carew Homes, LLC
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Water Closet
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Range Hood, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Gas Starter, Prefabricated, Propane
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Propane: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Bookcases: Yes
  • Attic Features:Floored: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Gas Starter: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.92
  • Construction Type: Fiber Cement
  • Foundation Details: Block, Brick/Mortar
  • Patio And Porch Features: Covered, Porch, Screened
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Nash - Southern Nash
  • Middle Or Junior School: Nash - Southern Nash

Lot Info

  • Zoning: R40
  • Lot Dimensions: 129' x 319' x 117' x 350'
  • Lot Size Sq Ft: 40075.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Lighting2: Yes

Tax Info

  • Tax Annual Amount: 247.0
  • Tax Year: 2021
  • Tax Map Number: 28/257, SE 3, LOT 16

MLS Schools

  • Elementary School: Nash - Bailey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Mar 15, 2022
Sold by
Carew Homes Llc
Bought by
Williams Durwood Nicholas and Williams Katelynn Roberts
Seller's Agent
Kay Mitchell
Stone Auction & Realty
Buyer's Agent
David Ridgway
Ridgway Realty
List Price
$474,500
Sold Price
$476,700
Premium/Discount to List
$2,200
0.46%
Current Estimated Value
$520,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,702
Avg. Annual Appreciation
2.60%
Original Mortgage
$381,360
Outstanding Balance
$356,136
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$164,266

Purchase Details

Listed on
Dec 22, 2016
Closed on
May 7, 2021
Sold by
Smith Virginia Dexter and Bell Mark Reid
Bought by
Carew Homes Llc
Seller's Agent
Kay Mitchell
Stone Auction & Realty
Buyer's Agent
Kay Mitchell
Stone Auction & Realty
List Price
$33,880
Sold Price
$32,000
Premium/Discount to List
-$1,880
-5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2490.41%

Purchase Details

Closed on
Feb 17, 2006
Sold by
Morganshire Partners Llc
Bought by
Smith Virginia Dexter
Source: Public Records

Range of Values:

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Average Value
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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
Williams Durwood Nicholas $477,000 None Listed On Document
Carew Homes Llc $32,000 None Available
Smith Virginia Dexter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Durwood Nicholas $381,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $476,700 -- --
03/25/2022 03/25/22 Sold $476,700 +0.5% $172 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $474,500 +1382.8% $171 / Sq Ft
05/25/2021 05/25/21 Sold $32,000 -5.9% --
03/12/2021 03/12/21 Pending -- -- --
02/26/2021 02/26/21 Price Changed $34,000 +0.4% --
12/22/2016 12/22/16 For Sale $33,880 -- --
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 $3,830 $365,310 $33,880 $331,430
2023 $2,938 $365,310 $0 $0
2022 $940 $122,110 $33,880 $88,230
2021 $0 $33,880 $33,880 $0
2020 $261 $33,880 $33,880 $0
2019 $252 $33,880 $33,880 $0
2018 $252 $33,880 $0 $0
2017 $252 $33,880 $0 $0
2015 $252 $33,880 $0 $0
2014 $252 $33,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kay Mitchell

    Seller's Agent in 2022

    Kay Mitchell

    Stone Auction & Realty

    (252) 908-0722

    161 Total Sales

    Kay Mitchell
    Section Image

  • D

    Buyer's Agent in 2022

    David Ridgway

    Ridgway Realty

    (919) 612-1025

    24 Total Sales

    David Ridgway
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2416809

Doorify MLS

APN: 2766-00-56-1126

North Carolina Nash County Bailey 27807

5720 Farmstead Rd, Bailey, NC

This home is located at 5720 Farmstead Rd, Bailey, NC 27807 since 02 November 2021 and is currently estimated at $520,402, approximately $187 per square foot. This property was built in 2021. 5720 Farmstead Rd is a home located in Nash County with nearby schools including Bailey Elementary School, Southern Nash Middle School, and Southern Nash High School.

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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