NOT LISTED FOR SALE

7231 Thorne Farm Rd Elm City, NC 27822

Estimated Value: $206,000 - $317,897

1.19 Acres
$230,783 Price per Acre
51,836 Sq Ft Lot

Last Sold July 02, 2024

Last sale price $40,000 $38 Per Sq Ft

Est. 587% increase in value since last sale

Current estimated payment $1,473/month

7 Days on Market

Highlights

  • Pasture Views
  • No HOA
  • Level Lot
  • Partially Wooded Lot
  • Brush Vegetation

About This Lot

As of July 2024

NO RESTRICTIONS! This 1.19 acre parcel, nestled conveniently between Wilson & Rocky Mount sits outside of the city limits of Elm City. Flat and even terrain makes this lot ideal for a manufactured or modular home build site. Let your imagination run wild as you envision this as your future homesite with a few shade trees and farm views! There is an old structure on the property that possibly dates back to the 1940s and has no value, please do not enter. County water/electric available, needs new septic. Bring your own builder!

Last Agent to Sell the Property

Nicole Migneco

Better Homes & Gardens Real Es License #313348 Listed on: 05/14/2024

Better Homes & Gardens Real Es

Last Buyer's Agent

Jason Walters

eXp Realty, LLC - C License #243837

eXp Realty, LLC - C

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $265

Lot Details

  • 1.19 Acre Lot
  • Lot Dimensions are 260x167x236x266
  • Property fronts a county road
  • Brush Vegetation
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned AR

Property Views

  • Pasture
  • Rural

Schools

  • Frederick Douglass Elementary School
  • Elm City Middle School
  • Fike High School

Utilities

  • Perc Test Required For Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3756608251.000

Property Details

Property Type

Land

Est. Annual Taxes

$265

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: County Road, Public Road
  • Road Surface Type: Asphalt, Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 260x167x236x266
  • Water Source Public: Yes
  • Lot Features Partially Cleared: Yes
  • Utilities Cable Available: Yes
  • Vegetation Wooded Description: few large trees, most vegetation <15 years old, tall ground vegetation
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Brush: Yes
  • Vegetation Partially Wooded: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Perc Test Required: Yes
  • General Property Information Lot Size Square Feet2: 51836.4
  • General Property Information Lot Size Acres: 1.19
  • View Rural: Yes
  • View Pasture3: Yes
  • Other Structures Residence: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural, Farm, Manufactured Home, Residential, Single Family, Vacant
  • Community Features:None3: Yes

Exterior Features

  • Acres: 1.19
  • Lot Features:Wooded: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wilson - Fike
  • Middle Or Junior School: Wilson - Elm City

Lot Info

  • Zoning: AR
  • Current Use: Residential, Single Family, Vacant, See Remarks
  • Development Status: See Remarks
  • Lot Dimensions: 260x167x236x266
  • Lot Size Sq Ft: 51836.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 3756608251.000

Tax Info

  • Tax Annual Amount: 265.07
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wilson - Frederick Douglass

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Paradise Homes Of Johnston County Of Nc
Bought by
Farmer Dennis Neal and Farmer Demetria Denae
Current Estimated Value
$274,632

Purchase Details

Listed on
May 14, 2024
Closed on
Jun 28, 2024
Sold by
Byrd Laura Wooten and Byrd Efrem Zimbalist
Bought by
Paradise Homes Of Johnston County Of Nc Inc
Seller's Agent
Nicole Migneco
Better Homes & Gardens Real Es
Buyer's Agent
Jason Walters
eXp Realty, LLC - C
List Price
$40,000
Sold Price
$40,000
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
303.92%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Farmer Dennis Neal $300,000 None Listed On Document
Paradise Homes Of Johnston County Of Nc Inc $40,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2024 07/02/24 Sold $40,000 0.0% $38 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $40,000 -- $38 / 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 $314 $212,200 $26,700 $185,500
2024 $314 $43,227 $26,748 $16,479
2023 $260 $28,179 $16,092 $12,087
2022 $260 $28,179 $16,092 $12,087
2021 $250 $28,179 $16,092 $12,087
2020 $250 $28,179 $16,092 $12,087
2019 $250 $28,179 $16,092 $12,087
2018 $250 $28,179 $16,092 $12,087
2017 $250 $28,179 $16,092 $12,087
2016 $250 $28,179 $16,092 $12,087
2014 $274 $31,393 $17,850 $13,543
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10029099

Doorify MLS

APN: 3756-60-8251.000