NOT LISTED FOR SALE

5820 Farmstead Rd Bailey, NC 27807

Estimated Value: $555,000 - $689,000

4 Beds
2.5 Baths
3,653 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $385,000 $105 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,549/month

414 Days on Market

Highlights

  • Attic
  • No HOA
  • Porch
  • Bonus Room
  • Formal Dining Room
  • Tray Ceiling

About This Home

As of August 2017

**RARE FIND** located on a cud-de-sac lot in the Morganshire neighborhood just outside of Bailey. All brick 4br home with bonus room/office or man cave. Stunning family room with fp open to kitchen that has custom cabinets, tile backsplash and quartz countertops. Open formal dining along with eat-in kitchen. Master on first floor. Master bath has oversized tile shower with dual heads, separate sinks, tub and massive walk-in closet with custom shelves. Enjoy the evenings out on the screen porch overlooking the private backyard or entertain on the newly landscaped patio area. All of this with no city taxes, Southern Nash Schools and just minutes off 264 which makes it a short drive to Wilson, Knightdale or Raleigh.

Last Agent to Sell the Property

JASON WALTERS

HOMETOWNE REALTY CLAYTON EAST License #243837 Listed on: 05/24/2016

Last Buyer's Agent

KEN MOOREFIELD

MOOREFIELD REAL ESTATE LLC License #24086

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 1.16 Acre Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,653 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Gas Log Fireplace
  • Formal Dining Room
  • Bonus Room
  • Crawl Space
  • Attic

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Morganshire Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2766-00-46-6570

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Cooktop - Electric, Dishwasher, See Remarks
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Brick/Stone, See Remarks
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 639.00
  • Directions To Property: Hwy 264 to 581 turn right. Left on Farmstead and the home in on the right
  • Document Count: 2
  • Fencing: None
  • Fireplace: 1
  • Foundation: Crawl Space
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • H O A: No
  • H O Aand Neighborhood Amenities: See Remarks
  • Listing I D: 100014119
  • List Priceper Sq Ft: 109.23
  • Location Type: Mainland
  • Lot Acres: 1.16
  • Lot Sq Ft: 50530.00
  • Marketing City: Bailey
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Patio, Screened, Porch
  • Prospect Exempt: No
  • Road Type Frontage: See Remarks
  • Bonus Room Level: Second
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Duke Progress Energy
  • Sign On Property: Yes
  • Sq Ft Heated: 3653.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Subdivision: Morganshire
  • Tax Identifier: 2766-00-46-6570
  • Tax Year: 2015
  • Terms: Conventional, See Remarks, USDA Loan
  • Total Heated Primary Separate Sq Ft: 3653.00
  • Water Heater: Propane, Tankless
  • Waterview: No
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Walk-In
  • Dining Room Type: Combination, Kitchen, Formal
  • Interior Amenities: 1st Floor Master, Walk-In Closet, Gas Logs, Ceiling - Trey
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Bedroom1 Level: Second
  • Bedroom2 Level: Second
  • Bedroom3 Level: Second
  • Primary Bedroom Level: First

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick
  • Exterior Structures: Storage
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Heated Sq Ft: 3500 - 3999
  • Heating System: Heat Pump
  • Utilities: Septic On Site, Well Water
  • Heating System Fuel Source: Propane Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Ross Heidi B
Bought by
Ross Heidi B and The Ross Family Trust
Current Estimated Value
$600,519

Purchase Details

Listed on
May 24, 2016
Closed on
Aug 2, 2017
Sold by
Wall Daniel A and Wall Karen Howell
Bought by
Ross Gary L and Ross Heidi B
Seller's Agent
JASON WALTERS
HOMETOWNE REALTY CLAYTON EAST
Buyer's Agent
KEN MOOREFIELD
MOOREFIELD REAL ESTATE LLC
List Price
$429,900
Sold Price
$385,000
Premium/Discount to List
-$44,900
-10.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$125,000
Outstanding Balance
$85,301
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$516,673

Purchase Details

Listed on
Feb 6, 2013
Closed on
Oct 2, 2013
Sold by
Smith Virginia Dexter and Bell Mark R
Bought by
Wall Daniel A and Wall Karen H
Seller's Agent
Kay Mitchell
Stone Auction & Realty
Buyer's Agent
Kay Mitchell
Stone Auction & Realty
List Price
$33,000
Sold Price
$33,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.24%
Original Mortgage
$362,700
Interest Rate
4.53%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 17, 2006
Sold by
Morganshire Partners Llc
Bought by
Smith Virginia Dexter
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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Purchase History

Date Buyer Sale Price Title Company
Ross Heidi B -- None Available
Ross Gary L $385,000 None Available
Wall Daniel A $33,000 None Available
Smith Virginia Dexter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Gary L $125,000
Previous Owner Wall Daniel A $362,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2017 08/02/17 Sold $385,000 -10.4% $105 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
05/24/2016 05/24/16 For Sale $429,900 +1202.7% $118 / Sq Ft
10/09/2013 10/09/13 Sold $33,000 0.0% $10 / Sq Ft View Prior Sale
09/13/2013 09/13/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $33,000 -- $10 / 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 $4,946 $656,250 $45,000 $611,250
2024 $4,916 $419,300 $35,960 $383,340
2023 $3,354 $419,300 $0 $0
2022 $3,354 $419,300 $35,960 $383,340
2021 $3,354 $419,300 $35,960 $383,340
2020 $3,354 $419,300 $35,960 $383,340
2019 $3,249 $419,300 $35,960 $383,340
2018 $3,249 $419,300 $0 $0
2017 $3,067 $394,890 $0 $0
2015 $2,740 $351,060 $0 $0
2014 $295 $39,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    JASON WALTERS

    HOMETOWNE REALTY CLAYTON EAST

  • K

    Buyer's Agent in 2017

    KEN MOOREFIELD

    MOOREFIELD REAL ESTATE LLC

  • K

    Seller's Agent in 2013

    Kay Mitchell

    Stone Auction & Realty

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Map

Source: Hive MLS

MLS Number: 100014119

Hive MLS

APN: 2766-00-46-6570

North Carolina Nash County Bailey 27807

5820 Farmstead Rd, Bailey, NC

Not Listed for Sale

Detached

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