NOT LISTED FOR SALE

5825 Main St Bailey, NC 27807

Estimated Value: $268,699

3.99 Acres
$67,343 Price per Acre
173,804 Sq Ft Lot

Last Sold June 07, 2021

Last sale price $199,000 $6 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,839/month

1,103 Days on Market

About This Lot

As of June 2021

FORMER CHILDREN'S CLOTHING MFG PLANT ON 3.99 ACRES. OVER 30,000 SQ FT UNDER ROOF, PRICED AT LESS THAN $7.00 PER SQ FT NO COUNTING THE 2 PLUS ACRES OF PAVED AND FENCED PARKING. MANY POTENTIAL USES INCLUDING STORAGE. CONVENIENTLY LOCATED 30 MILES TO RALEIGH AND 6 MILES FROM I-95. ONE OF THE BUILDINGS NEEDS A NEW ROOF, PRELIMINARY ESTIMATES ARE IN THE $80K TO $120K RANGE TO REPLACE THAT ROOF.

Last Agent to Sell the Property

Tony Stone

Stone Auction & Realty License #42404 Listed on: 01/26/2018

Last Buyer's Agent

Tony Stone

Stone Auction & Realty License #42404 Listed on: 01/26/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,962

Year Built

  • Built in 1960

Lot Details

  • 3.99 Acre Lot
  • Lot Dimensions are 392 x 346
  • Property is zoned COMMERCIAL

Home Design

  • 35,124 Sq Ft Home
  • Steel Frame
  • Concrete Siding
  • Block Exterior
  • Steel Siding

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2763-06-49-6233

Property Details

Property Type

Land

Est. Annual Taxes

$4,962

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: G
  • Sub Type: Land
  • Sub Type2: Business Flex, Manufacturing, Office, Warehouse
  • Cobra Zone: No
  • Construction: Concrete, Steel Frame
  • New Construction: No
  • Year Built: 1960
  • Definition: RE W/O Business
  • Space: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Attic: None
  • Basement: None
  • List Price per Sq Ft: 5.67
  • Sq Ft Heated: 35124.00
  • Sq Ft Apx Total: 35000.00

Exterior Features

  • Exterior Finish: Block, Steel Siding

Garage/Parking

  • Garage: Yes
  • Number Of Parking Spaces: 100

Association/Amenities

  • HOA: No
  • HOA Amenities: No Amenities

Lot Info

  • Deed Book: 2486
  • Deed Page: 926.00
  • Lot Acres: 3.99
  • Lot Dimensions: 392 X 346
  • Lot Sq Ft: 173804.00
  • Zoning: COMMERCIAL

Tax Info

  • Tax Identifier: 2763-06-49-6233
  • Tax Year: 2021

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
Jun 4, 2021
Sold by
Hicks Lenora and Peoples Patricia
Bought by
Patino Contracting Llc
Seller's Agent
Tony Stone
Stone Auction & Realty
Buyer's Agent
Tony Stone
Stone Auction & Realty
List Price
$199,000
Sold Price
$199,000
Current Estimated Value
$268,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,699
Avg. Annual Appreciation
7.11%
Original Mortgage
$24,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2011
Sold by
J & J Bailey Llc
Bought by
New Vision Community Missionary Baptist

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,384
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2009
Sold by
Johnson Christie F
Bought by
J & J Bailey Llc
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
Patino Contracting Llc $199,000 None Available
New Vision Community Missionary Baptist $106,000 None Available
J & J Bailey Llc -- None Available
Johnson Christie F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Patino Contracting Llc $24,000
Previous Owner New Vision Community Missionary Baptist $81,384
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $199,000 0.0% $6 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $199,000 0.0% $6 / Sq Ft
12/31/2020 12/31/20 Off Market $199,000 -- --
01/26/2018 01/26/18 For Sale $199,000 -- $6 / 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
2024 $4,962 $335,540 $167,580 $167,960
2023 $4,765 $335,540 $0 $0
2022 $4,597 $335,540 $167,580 $167,960
2021 $4,597 $335,540 $167,580 $167,960
2020 $4,597 $335,540 $167,580 $167,960
2019 $0 $335,540 $167,580 $167,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100097809

Hive MLS

APN: 2763-06-49-6233