NOT LISTED FOR SALE

7615 Powell Hooks Rd Lucama, NC 27851

Estimated Value: $230,296

42 Acres
$5,529 Price per Acre
1,814,274 Sq Ft Lot

Last Sold October 05, 2018

Last sale price $68,000 $1 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $1,409/month

133 Days on Market

Highlights

  • 41.65 Acre Lot
  • Farm
  • No HOA
  • Lucama Elementary School Rated A-
  • Wooded Lot

About This Lot

As of October 2018

Appx. 41.65 acres, appx. 12 1/2 acres cleared, 29 wooded. Farm land leased until 12/31/18. Parcel #2697-21-4745 excepting appx. 1.7 ac. where improvements are located.

Last Agent to Sell the Property

Harry Gauss

First Wilson Properties License #59507 Listed on: 02/22/2018

Last Buyer's Agent

Andrew Walters

Mossy Oak Properties Land and Farms License #282248

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,844

Lot Details

  • 41.65 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned Agriculture

Schools

  • Lucama Elementary School
  • Springfield Middle School
  • Hunt High School

Additional Features

  • Farm
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2697-21-4745.000

Property Details

Property Type

Land

Est. Annual Taxes

$1,844

Lot Details

0

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Water Available, No Sewer

Association/Amenities

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

Lot Info

  • Deed Page: 569.00
  • Lot Description: Farm
  • Lot Sq Ft: 1814274.00
  • Plat Book: 38
  • Plat Page: 158
  • Zoning: Agriculture
  • Cleared Acres: 12.50
  • Acres: 41.65
  • Wooded Acres: 29.00
  • Current Use: Agriculture
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 1680.67
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Wooded

Tax Info

  • Tax Identifier: 2697-21-4745.000
  • Tax Year: 2018
  • Deferred Taxes: Yes

MLS Schools

  • Elementary School: Lucama
  • High School: Hunt
  • Middle School: Springfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Mcgrath Real Estate Holdings Llc
Bought by
Magnolia Investment Group Llc
Current Estimated Value
$230,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,800
Outstanding Balance
$360,800
Interest Rate
6.86%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 23, 2019
Sold by
Old South Foods Ltd
Bought by
Mcgrath Real Estate Holdings Llc

Purchase Details

Listed on
Feb 22, 2018
Closed on
Aug 14, 2018
Sold by
Old South Foods Ltd
Bought by
Welch Wade Dean and Welch Deborah Hodgin
Seller's Agent
Harry Gauss
First Wilson Properties
Buyer's Agent
Andrew Walters
Mossy Oak Properties Land and Farms
List Price
$70,000
Sold Price
$68,000
Premium/Discount to List
-$2,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
Commercial
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
Magnolia Investment Group Llc $451,000 First National Financial Title
Magnolia Investment Group Llc $451,000 First National Financial Title
Mcgrath Real Estate Holdings Llc $125,000 None Available
Welch Wade Dean $143,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnolia Investment Group Llc $360,800
Closed Magnolia Investment Group Llc $360,800
Previous Owner Mcgrath Real Estate Holdings Llc $277,000
Previous Owner Welch Wade Dean $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $68,000 -2.9% $1 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $70,000 -- $1 / 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
2025 $1,844 $309,891 $42,500 $267,391
2024 $1,844 $309,891 $42,500 $267,391
2023 $3,477 $415,192 $42,500 $372,692
2022 $0 $415,192 $42,500 $372,692
2021 $3,477 $415,192 $42,500 $372,692
2020 $3,477 $415,192 $42,500 $372,692
2019 $3,477 $415,192 $42,500 $372,692
2018 $0 $484,608 $113,872 $370,736
2017 $4,059 $484,608 $113,872 $370,736
2016 $4,237 $484,608 $113,872 $370,736
2014 $4,773 $574,696 $102,609 $472,087
Source: Public Records

Agents Affiliated with this Home

  • Harry Gauss

    Seller's Agent in 2018

    Harry Gauss

    First Wilson Properties

    (252) 237-9900

    145 Total Sales

    Section Image

  • A

    Buyer's Agent in 2018

    Andrew Walters

    Mossy Oak Properties Land and Farms

    (844) 480-5263

    273 Total Sales

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Map

Source: Hive MLS

MLS Number: 100102178

Hive MLS

APN: 2697-21-4745.000

North Carolina Wilson County Lucama 27851

7615 Powell Hooks Rd, Lucama, NC

This home is located at 7615 Powell Hooks Rd, Lucama, NC 27851 since 22 February 2018 and is currently estimated at $230,296, approximately $3 per square foot. 7615 Powell Hooks Rd is a home located in Wilson County with nearby schools including Lucama Elementary School, Springfield Middle School, and James Hunt High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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