NOT LISTED FOR SALE

5782 Vanndale Rd Bailey, NC 27807

Estimated Value: $399,000 - $519,000

1.24 Acres
$371,475 Price per Acre
54,014 Sq Ft Lot

Last Sold March 03, 2020

Last sale price $40,000

Est. 1,052% increase in value since last sale

Current estimated payment $2,736/month

1 Day on Market

About This Lot

As of March 2020

Beautiful cleared lot in upscale southern Nash County subdivision with the view of landscaped pond. Convenient to Raleigh, Rocky Mount & Wilson. Subdivision has beautifully maintained entrance, paved street, underground utilities and street lights. Duke Progress Energy. Well and septic necessary. Covenants restrict 2500 square foot minimum site built home.

Last Agent to Sell the Property

Kay Mitchell

Stone Auction & Realty License #216183 Listed on: 02/27/2020

Last Buyer's Agent

Kay Mitchell

Stone Auction & Realty License #216183 Listed on: 02/27/2020

Property Details

Property Type

  • Land

Lot Details

  • 1.24 Acre Lot
  • Lot Dimensions are 109 x 340 x 196 x 362
  • Level Lot
  • Property is zoned R 40

Schools

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

Utilities

  • Well
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Morganshire Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 2766-00-45-3996

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: No

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Septic On Site, Well Water

Association/Amenities

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

Lot Info

  • Deed Page: 120.00
  • Lot Description: Subdivision
  • Lot Dimensions: 109 x 340 x 196 x 362
  • Lot Sq Ft: 54014.00
  • Lot Water Features: None
  • Zoning: R 40
  • Cleared Acres: 1.24
  • Acres: 1.24
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 40322.58
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Level

Tax Info

  • Tax Identifier: 2766-00-45-3996
  • Tax Year: 2019

MLS Schools

  • Elementary School: Bailey
  • High School: Southern Nash
  • High School2: NRMPS Early College
  • Middle School: Southern Nash
  • School District: Nash

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Feb 19, 2020
Sold by
Smith R Jackson R and Smith Susan G
Bought by
Langston Joseph Rudolph and Langston Brigitte Fleming
Seller's Agent
Kay Mitchell
Stone Auction & Realty
Buyer's Agent
Kay Mitchell
Stone Auction & Realty
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Current Estimated Value
$460,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,629
Avg. Annual Appreciation
52.07%

Purchase Details

Closed on
Jun 19, 2012
Sold by
Morganshire Partners Llc
Bought by
Smith R Jackson and Smith Susan Gleaton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.84%
Mortgage Type
New Conventional
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
Langston Joseph Rudolph $40,000 None Available
Smith R Jackson -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith R Jackson $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2020 03/03/20 Sold $40,000 -20.0% --
02/28/2020 02/28/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $50,000 -- --
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 $3,963 $521,610 $38,440 $483,170
2024 $3,939 $318,320 $38,440 $279,880
2023 $2,576 $318,320 $0 $0
2022 $2,576 $318,320 $38,440 $279,880
2021 $0 $318,320 $38,440 $279,880
2020 $286 $38,440 $38,440 $0
2019 $286 $38,440 $38,440 $0
2018 $286 $38,440 $0 $0
2017 $286 $38,440 $0 $0
2015 $286 $38,440 $0 $0
2014 $286 $38,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100206442

Hive MLS

APN: 2766-00-45-3996