NOT LISTED FOR SALE

5898 Old Siler City Rd Ramseur, NC 27316

Estimated Value: $969,000

111 Acres
$8,730 Price per Acre
4,835,160 Sq Ft Lot

Last Sold February 15, 2024

Last sale price $785,000 $516 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,247/month

76 Days on Market

Highlights

  • Barn
  • No HOA
  • Pasture
  • 111 Acre Lot
  • Separate Outdoor Workshop
  • Timber

About This Lot

As of February 2024

A remarkable opportunity to own 111 +/- acres of land with a scenic waterfall located convenient to highway 22 and new Toyota Mega-site. This property boasts 60 +/- acres of open pasture & 20 +/- acres of planted pine trees that could be cut for timber in the coming years. The property features a charming brick home with 2 beds 3 full baths, with a full unfinished basement. Includes a 2-car attached carport & a utility room. It is heated/cooled with a heat pump/central air system & also has a propane tank & fireplace. There is a 600 sqft cinder block utility building that has electricity & is perfect for a workshop, an additional shed behind the workshop & two other barns, making it ideal for livestock or other agricultural purposes. The land is currently leased to a cattle farmer & has other income potential. For hunting enthusiasts, there is an abundance of wildlife on the property. Don't miss this once-in-a-lifetime opportunity of self sustainable land. Schedule your showing today!

Last Agent to Sell the Property

Andrew Mathison

Real Broker LLC License #315495 Listed on: 10/23/2023

Real Broker LLC

Last Buyer's Agent

Andrew Mathison

Real Broker LLC License #315495 Listed on: 10/23/2023

Real Broker LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,153

Lot Details

  • 111 Acre Lot
  • Property fronts a county road
  • Barbed Wire
  • Electric Fence
  • Property is zoned RA

Farming

  • Barn
  • Timber
  • Pasture

Additional Features

  • In Flood Plain
  • Well

Listing and Financial Details

  • Assessor Parcel Number 8711514205
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association

Recreation

  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$2,153

Lot Details

0

Listing Details

  • Property Sub Type: Agriculture
  • Prop. Type: Land
  • Lot Size Acres: 111
  • Road Frontage Type: Easement, 2-Lane, County Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Heading east on US-64 (Jordan Rd). Turn right onto NC-22 (Coleridge Rd). Then turn left onto OLD SILER CITY Rd. Home is located on the right roughly 1.5 miles. If you reach the bridge, you have gone too far.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • Special Features: None

Interior Features

  • Possible Use: Farm, Hunting, Pasture, Timber

Exterior Features

  • Fencing: Barbed Wire, Electric, Fenced
  • Lot Features: Pasture, Timber
  • Other Structures: Barn(s), Workshop
  • Flood Zone: Flood Plain

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 8711514205
  • Zoning: RA
  • TRIADMLS_PlatPage: 70
  • TRIADMLS_PlatBook: 173
  • TRIADMLS_AcresRange: 100 - 117

Tax Info

  • Tax Annual Amount: 2153
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.8727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Feb 7, 2024
Sold by
Staley Victor Craig and Staley Adonna
Bought by
Odonnell Sean and Odonnell Anita
Seller's Agent
Andrew Mathison
Real Broker LLC
Buyer's Agent
Andrew Mathison
Real Broker LLC
List Price
$850,000
Sold Price
$785,000
Premium/Discount to List
-$65,000
-7.65%
Views
123
Current Estimated Value
$969,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,000

Purchase Details

Listed on
Oct 23, 2023
Closed on
Feb 5, 2024
Sold by
Staley Family Trust
Bought by
Staley Victor Craig and Stout Anthony Todd
Seller's Agent
Andrew Mathison
Real Broker LLC
Buyer's Agent
Andrew Mathison
Real Broker LLC
List Price
$850,000
Sold Price
$785,000
Premium/Discount to List
-$65,000
-7.65%
Views
123

Purchase Details

Closed on
Mar 24, 2023
Sold by
Staley Victor Craig and Staley Adonna B
Bought by
Stout Anthony Todd and Stout Angela Thomas
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
Odonnell Sean $785,000 None Listed On Document
Staley Victor Craig -- None Listed On Document
Stout Anthony Todd -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2024 02/15/24 Sold $785,000 0.0% $516 / Sq Ft
02/15/2024 02/15/24 Sold $785,000 -7.6% $604 / Sq Ft View Prior Sale
01/08/2024 01/08/24 Pending -- -- --
01/08/2024 01/08/24 Pending -- -- --
10/23/2023 10/23/23 For Sale $850,000 0.0% $559 / Sq Ft
04/13/2023 04/13/23 For Sale $850,000 -- $654 / Sq Ft
Source: Triad 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
2023 $1,739 $273,950 $88,370 $185,580
2022 $2,153 $280,490 $144,620 $135,870
2021 $2,153 $280,490 $144,620 $135,870
2020 $2,094 $280,490 $144,620 $135,870
2019 $2,094 $280,490 $144,620 $135,870
2018 $2,035 $266,290 $126,950 $139,340
2016 $2,035 $442,470 $303,130 $139,340
2015 $1,998 $442,470 $303,130 $139,340
2014 -- $442,470 $303,130 $139,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1123119

Triad MLS

APN: 8711-51-4205