NOT LISTED FOR SALE

5825 Gay Rd Farmville, NC 27828

Estimated Value: $115,000 - $121,890

10 Acres
$11,844 Price per Acre
435,600 Sq Ft Lot

Last Sold January 30, 2020

Last sale price $55,000

Est. 115% increase in value since last sale

Current estimated payment $679/month

150 Days on Market

Highlights

  • Farm
  • Wooded Lot
  • Pasture
  • H.B. Sugg Elementary School Rated A-
  • No HOA
  • Level Lot

About This Lot

As of January 2020

Nice 10 acre tract in the country. Perfect for country living, horses, barnyard animals, hunting or ??? Has 4 bedroom septic permit in place if you would like to build or move a home here.

Last Agent to Sell the Property

ANTHONY NG

Listed on: 08/21/2019

Last Buyer's Agent

HOMER TYRE

TYRE REALTY GROUP INC. License #209081

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $270

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 320x 125x116x910x437x1031
  • Rural Setting
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned rural homesite

Schools

  • H. B. Sugg Elementary School
  • Farmville Middle School
  • Farmville Central High School

Farming

  • Farm
  • Pasture

Utilities

  • Septic Permit Issued

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1B
  • Assessor Parcel Number 72458

Property Details

Property Type

Land

Est. Annual Taxes

$270

Lot Details

0

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 320

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Pitt Green Electric
  • Service Providers Water Provider: County
  • Utilities: Community Water Available, Septic Permit on file, Water Tap Available

Association/Amenities

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

Schools

  • School District: Pitt

Lot Info

  • Deed Page: 437.00
  • Lot Description: Farm, Open, Pasture, Rural, Wooded
  • Lot Dimensions: 320x 125x116x910x437x1031
  • Lot Number: 1B
  • Lot Sq Ft: 435600.00
  • Lot Water Features: None
  • Plat Book: MB65
  • Plat Page: 86
  • Special Assessments: none known
  • Zoning: rural homesite
  • Cleared Acres: 8.50
  • Acres: 10.00
  • Wooded Acres: 1.50
  • Current Use: Agriculture, Development, Farm, Livestock, Mobile Home Park, Recreational, Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 5988.80
  • Soil Evaluation: Soil Evaluation - Yes
  • Soil Evaluation Other: septic permit
  • Topography: Cleared/Partial, Level, Undeveloped, Wooded
  • Lot Number2: 1B

Tax Info

  • Tax Identifier: 72458
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 269.88

MLS Schools

  • Elementary School: H. B. Sugg
  • High School: Farmville Central
  • Middle School: Farmville
  • School District: Pitt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
Lofty Angela and Meekins Anthony
Bought by
Lofty Hannah Jean and Lee Demar
Current Estimated Value
$118,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Outstanding Balance
$176,131
Interest Rate
6.69%
Mortgage Type
Construction
Estimated Equity
-$57,686

Purchase Details

Closed on
Aug 23, 2019
Sold by
Tyson Harold L and Tyson Karen H
Bought by
Lofty Angela and Meekins Anthony
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
Lofty Hannah Jean -- None Listed On Document
Lofty Hannah Jean -- None Listed On Document
Lofty Angela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lofty Hannah Jean $177,000
Closed Lofty Hannah Jean $177,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $55,000 -8.2% --
01/18/2020 01/18/20 Pending -- -- --
08/21/2019 08/21/19 For Sale $59,888 -- --
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 $465 $65,000 $65,000 $0
2024 $465 $65,000 $65,000 $0
2023 $119 $51,500 $51,500 $0
2022 $429 $51,500 $51,500 $0
2021 $2,557 $51,500 $51,500 $0
2020 $192 $51,500 $51,500 $0
2019 $271 $47,500 $47,500 $0
2018 $260 $47,500 $47,500 $0
2017 $394 $47,500 $47,500 $0
2016 $389 $47,500 $47,500 $0
2015 $299 $38,500 $38,500 $0
2014 $299 $38,500 $38,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100181269

Hive MLS

APN: 072457