$159,000
SOLD SEP 23, 2024

7105 Great Swamp Loop Lucama, NC 27851

2 Beds
1 Bath
1,170 Sq Ft
0.55 Acres

Recently Sold

$136 Per Sq Ft

20% Below List Price

38 Days on Market

Highlights

  • Barn
  • Pasture Views
  • No HOA
  • Horses Allowed On Property
  • Farmhouse Style Home
  • Covered patio or porch

About This Home

As of September 2024

Bring your goats and chickens! This newly updated 1935 farmhouse is your chance to begin living your starter homestead dream! It truly is one of a kind. This adorable home features new paint, flooring, fixtures and finishes throughout. The kitchen offers a breakfast nook, new sink and countertops and beautiful accent walls. The property comes with 8 raised garden beds ready to begin planting your fall veggie garden. Complete with three barns, three paddocks, and top of the line livestock fencing, bring your animals, they will love their new home. You'll never believe this property only sits on a little over half of an acre, every inch has been thought out, you won't find wasted space. After a long day, come home, sit in a rocking chair on the porch and enjoy the most stunning sunset you'll ever see. You won't find another property like this, don't miss the opportunity to call this one home.

Last Agent to Sell the Property

Virginia Hocutt

Driver Realty Group LLC License #290703 Listed on: 07/11/2024

Last Buyer's Agent

Rebecca Williams

RW Realty of NC, LLC License #282992

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $531

Year Built

  • Built in 1935 | Remodeled in 1975

Lot Details

  • 0.55 Acre Lot
  • Property fronts a county road
  • Wood Fence
  • Wire Fence
  • Landscaped
  • Cleared Lot
  • Few Trees
  • Garden
  • Back Yard Fenced and Front Yard

Home Design

  • Farmhouse Style Home
  • Fixer Upper
  • Permanent Foundation
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Shutters
  • Wood Frame Window
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Luxury Vinyl Tile Flooring
  • Pasture Views
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • 6 Open Parking Spaces

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rain Gutters

Schools

  • Lee Woodard Elementary School
  • Speight Middle School
  • Beddingfield High School

Farming

  • Barn
  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Hay Storage

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Propane
  • Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3607430060.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$531

Year Built

Built in 1935 | Remodeled in 1975

Lot Details

0

Listing Details

  • Year Built: 1935
  • Prop. Type: Residential
  • Road Frontage Type: See Remarks
  • Horses: Yes
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt, Paved
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1100.0
  • Architectural Style: Farm House, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Effective Year Built: 1975
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Architectural Style Farm House: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Primary Bedroom Level: Main
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • Other Structures Workshop: Yes
  • Foundation Details Block3: Yes
  • Property Condition Fixer: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: Yes
  • Utilities Phone Available: Yes
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • General Property Information Above Grade Finished Area: 1100.0
  • General Property Information Below Grade Finished Area: 70.0
  • Vegetation Cleared2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Utilities Electricity Connected: Yes
  • Utilities Propane3: Yes
  • Fencing Back Yard: Yes
  • Fencing Wood2: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Foundation Details Permanent: Yes
  • Other Structures Barn(s): Yes
  • Disclosures Lead Based Paint: Yes
  • Road Frontage Type County Road: Yes
  • General Property Information Lot Size Square Feet2: 23958.0
  • Fencing Wire: Yes
  • General Property Information Lot Size Acres: 0.55
  • View Pasture3: Yes
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Renovated: 1975

Interior Features

  • Flooring: Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Pantry, Storage, Walk-In Closet(s)
  • Appliances: Electric Oven, Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 70.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room, Masonry, See Remarks
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Electric Oven: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced Yard, Garden, Lighting, Private Yard, Rain Gutters, Storage, Other
  • Fencing: Back Yard, Wire, Wood
  • Acres: 0.55
  • Disclosures: Lead Based Paint
  • Construction Type: Block, Concrete, Vinyl Siding
  • Foundation Details: Block, Permanent
  • Patio And Porch Features: Covered, Front Porch, Side Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Door Features:Storm Door(s): Yes
  • Lot Features:Garden2: Yes
  • Exterior Features:Lighting: Yes
  • Exterior Features:Storage2: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Lot Features:Back Yard2: Yes
  • Exterior Features:Private Yard: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Front Yard2: Yes
  • Window Features:Shutters: Yes
  • Construction Materials:Block2: Yes
  • Lot Features:Few Trees: Yes
  • Exterior Features:Garden: Yes
  • Construction Materials:Concrete2: Yes
  • Lot Features:Agricultural: Yes
  • Window Features:Wood Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: Gravel
  • Total Parking Spaces: 6.0
  • Parking Features:Gravel: Yes
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Water Connected, Propane
  • Heating: Gas Pack, Propane
  • Cooling: Ceiling Fan(s), Central Air, Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Propane2: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Horse Amenities:Barn: Yes
  • Horse Amenities:Hay Storage: Yes
  • Horse Amenities:Pasture: Yes
  • Horse Amenities:Paddocks: Yes

Schools

  • Ninth Grade High School: Wilson - Beddingfield
  • Middle Or Junior School: Wilson - Speight

Lot Info

  • Horse Amenities: Barn, Hay Storage, Paddocks, Pasture
  • Lot Size Sq Ft: 23958.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 3607430060.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 531.02
  • Tax Year: 23

MLS Schools

  • Elementary School: Wilson - Lee Woodard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Sep 19, 2024
Sold by
Ratley Sarah Elizabeth
Bought by
Herring Tanya Michelle
Seller's Agent
Virginia Hocutt
Driver Realty Group LLC
Buyer's Agent
Rebecca Williams
RW Realty of NC, LLC
List Price
$199,000
Sold Price
$159,000
Premium/Discount to List
-$40,000
-20.1%
Total Days on Market
38
Views
48
Current Estimated Value
$167,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,361
Avg. Annual Appreciation
7.49%
Original Mortgage
$127,200
Outstanding Balance
$126,257
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$41,104

Purchase Details

Listed on
Sep 15, 2018
Closed on
Nov 28, 2018
Sold by
Aycock Randy Joel and Aycock Judy W
Bought by
Ratley Sarah Elizabeth
Seller's Agent
Andrew Walters
Mossy Oak Properties Land and Farms
Buyer's Agent
Andrew Walters
Mossy Oak Properties Land and Farms
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.24%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $159,000 Tryon Title
Warranty Deed $50,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,200 New Conventional
Previous Owner $500,000 Commercial
Previous Owner $500,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $159,000 -11.2% $136 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/11/2024 08/11/24 Price Changed $179,000 -5.3% $153 / Sq Ft
07/26/2024 07/26/24 Price Changed $189,000 -5.0% $162 / Sq Ft
07/11/2024 07/11/24 For Sale $199,000 +298.0% $170 / Sq Ft
12/21/2018 12/21/18 Sold $50,000 -16.7% $45 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $60,000 -- $55 / Sq Ft
Source: Doorify 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 $639 $80,830 $11,962 $68,868
2024 $639 $80,830 $11,962 $68,868
2023 $531 $55,577 $11,962 $43,615
2022 $531 $55,577 $11,962 $43,615
2021 $521 $55,577 $11,962 $43,615
2020 $521 $55,577 $11,962 $43,615
2019 $521 $55,577 $11,962 $43,615
2018 $521 $55,577 $11,962 $43,615
2017 $521 $55,577 $11,962 $43,615
2016 $531 $55,577 $11,962 $43,615
2014 $356 $39,556 $10,500 $29,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10040768

Doorify MLS

APN: 3607-43-0060.000