NOT LISTED FOR SALE

5721 Farmstead Rd Bailey, NC 27807

Estimated Value: $495,000 - $602,000

4 Beds
3.5 Baths
2,703 Sq Ft
$204/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $529,500 $196 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,192/month

99 Days on Market

Highlights

  • Deck
  • Bonus Room
  • Great Room
  • Main Floor Primary Bedroom
  • Corner Lot
  • Mud Room

About This Home

As of March 2023

This New Construction will impress the most discerning home buyer! Featuring solid framing, fiber cement siding, and upscale interior finishes. This spacious home has 2703 square feet with 4 bedrooms, 3 1/2 baths designed for family comfort, with an open floor plan. The beautiful solid wood double door entry opens into foyer and large Formal dining area. The Great room features 42'' fireplace and opens to the large kitchen that includes a breakfast area, oversized island, quartz counter tops, walk in pantry, a true exhaust and stainless steel appliances. Water proof laminate flooring in the great room, dining room, kitchen, master bedroom, hallway, powder room, stairs and upstairs. Ceramic tile floors in baths, laundry and mudroom. Master bath has oversized tile shower, water closet, and double vanity with quartz counter tops. Three bedrooms and 2 Full Baths are upstairs. This home is nestled on a corner lot in the lovely Morganshire subdivision on Farmstead Road. Enjoy evenings on the screened-in back porch or walks in this quaint neighborhood in Nash County. This home is conveniently located with easy access to HWY 264 for a short commute to Raleigh. County taxes only!

Last Agent to Sell the Property

Kay Mitchell

Stone Auction & Realty License #216183 Listed on: 10/20/2022

Co-Listed By

Christi Ingram

Stone Auction & Realty License #318243

Last Buyer's Agent

Isabella Wagley

Compass North Carolina, LLC The Coley Group Inc License #339689

Compass North Carolina, LLC The Coley Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $261

Year Built

  • Built in 2022

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 143' x 255' x 144' x 267'
  • Vinyl Fence
  • Corner Lot
  • Property is zoned R40

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,703 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Bonus Room
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Morganshire Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2766-00-45-8980

Home Details

Home Type

Single Family

Est. Annual Taxes

$261

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2022
  • Horses Y N: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, LVT/LVP, Tile
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Ceiling Fan(s), Foyer, Gas Logs, Kitchen Island, Mud Room, Pantry, Smoke Detectors, Walk-in Shower, Walk-In Closet
  • Laundry Location: Room
  • List Price per Sq Ft: 194.23
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bonus Room Level: Second
  • Breakfast Nook Level: Main
  • Dining Room Level: Main
  • Great Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Primary Bedroom Level: Main
  • Other Level: Main
  • Sq Ft Heated: 2703.00
  • Total Heated Primary Separate Sq Ft: 2703.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Fiber Cement
  • Fencing: None, Vinyl
  • Foundation: Crawl Space
  • Is Construction Complete: Yes
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Deck, Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Attached, Concrete, Garage Door Opener, Off Street

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Stove/Oven - Electric, Vent Hood
  • Cooling System: Central, Zoned
  • Fuel Tank: None
  • Heating System: Fireplace Insert, Forced Air, Heat Pump, Zoned
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: Nash County Public Utility
  • Utilities: Community Water, Septic On Site
  • Water Heater: Electric
  • Internet Service Provider: Century Link
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Book: 3191
  • Deed Page: 200.00
  • Lot Acres: 0.92
  • Lot Description: Corner Lot
  • Lot Dimensions: 143' X 255' X 144' X 267'
  • Lot Sq Ft: 2703.00
  • Zoning: R40

Tax Info

  • Tax Identifier: 2766-00-45-8980
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 260.88

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Mar 1, 2023
Sold by
Carew Homes Llc
Bought by
Broyles Randall and Broyles Tasha
Seller's Agent
Kay Mitchell
Stone Auction & Realty
Buyer's Agent
Isabella Wagley
Compass North Carolina, LLC The Coley Group Inc
List Price
$525,000
Sold Price
$529,500
Premium/Discount to List
$4,500
0.86%
Views
91
Current Estimated Value
$550,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,263
Avg. Annual Appreciation
1.40%
Original Mortgage
$404,500
Outstanding Balance
$385,500
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$165,263

Purchase Details

Closed on
Jan 5, 2022
Sold by
Ann Robbins Shelby
Bought by
Carew Homes Llc

Purchase Details

Closed on
May 30, 2000
Bought by
Strickland Woodrow S Robbins
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Broyles Randall $529,500 --
Carew Homes Llc $37,500 Hamrick & Galanis Pllc
Strickland Woodrow S Robbins -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broyles Randall $404,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $529,500 +0.9% $196 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
10/20/2022 10/20/22 For Sale $525,000 -- $194 / Sq Ft
Source: Hive 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 $3,672 $526,830 $40,000 $486,830
2024 $3,642 $354,950 $30,800 $324,150
2023 $2,858 $354,950 $0 $0
2022 $261 $33,880 $33,880 $0
2021 $261 $33,880 $33,880 $0
2020 $252 $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

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Map

Source: Hive MLS

MLS Number: 100354917

Hive MLS

APN: 2766-00-45-8980