Seller's Agent in 2026
Natalie Pearse
United Real Estate Triangle
(919) 839-3131
1 in this area
34 Total Sales
85 Dropseed Ln Smithfield, NC 27577
3
Beds
2
Baths
1,418
Sq Ft
0.27
Acres
Highlights
- Open Floorplan
- Property is near clubhouse
- Main Floor Bedroom
- Clubhouse
- Deck
- Community Pool
About This Home
As of January 2026New Carpet, Paint, and Roof (new pictures coming soon)!! Discover the charm of 85 Drop Seed Lane, a beautifully maintained 1,418 sq. ft. ranch-style home that perfectly blends comfort, style, and convenience. Featuring 3 spacious bedrooms and 2 full bathrooms, this open-concept design creates a seamless flow ideal for both everyday living and entertaining. Enjoy peace of mind with a brand-new roof, a freshly updated back deck, and a large lot perfect for outdoor gatherings or quiet evenings under the stars. The community itself offers an incredible lifestyle — residents enjoy access to all Fred Smith amenities, including multiple pools, fitness centers, and golf courses at LionsGate and Riverwood. The neighborhood also boasts its own private pool and a picturesque pond where you can relax or fish on a sunny afternoon. Perfectly situated just 10 minutes from Flowers Plantation, 10 minutes from Downtown Smithfield, and only 30 minutes to Raleigh, this home offers the best of both worlds: small-town charm and convenient city access. Whether you're a first-time buyer or looking to downsize into a more manageable space, 85 Drop Seed Lane delivers elegance, practicality, and an unmatched community experience — a rare find in today's market.
Last Agent to Sell the Property
United Real Estate Triangle License #305394 Listed on: 08/22/2025
Last Buyer's Agent
Non Member
Non Member Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,457
Year Built
- Built in 2011
Lot Details
- 0.27 Acre Lot
- Landscaped
- Rectangular Lot
- Level Lot
- Cleared Lot
- Back and Front Yard
HOA Fees
- $50 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Private Driveway
- On-Street Parking
- 4 Open Parking Spaces
Home Design
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,418 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Blinds
- Window Screens
- Family Room
- Dining Room
- Crawl Space
- Kitchen Island
- Laundry on main level
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Primary bathroom on main floor
- Walk-in Shower
Outdoor Features
- Deck
- Covered Patio or Porch
Location
- Property is near clubhouse
Schools
- Wilsons Mill Elementary School
- Smithfield Middle School
- Smithfield Selma High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 17J07023N
Community Details
Overview
- Association fees include insurance, road maintenance, storm water maintenance
- Tralee Homeowners Ass/ Fred Smith Association, Phone Number (919) 322-4680
- Tralee Subdivision
Amenities
- Clubhouse
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2025
Closed on
Dec 30, 2025
Sold by
Lee Shannon Renee
Bought by
Kang Michael and Kang Rachel
Seller's Agent
Natalie Pearse
United Real Estate Triangle
Buyer's Agent
Non Member
Non Member Office
List Price
$304,900
Sold Price
$287,500
Premium/Discount to List
-$17,400
-5.71%
Views
62
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.99%
Purchase Details
Closed on
Jun 27, 2017
Sold by
Flanagan Patrick A and Flanagan Stacey Elkes
Bought by
Lee Shannon Renee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 7, 2011
Sold by
Simmental Ventures Llc
Bought by
Palawasta John F and Palawasta Elaine L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2011
Sold by
Simmental Ventures Llc
Bought by
Flanagan Patrick A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 31, 2011
Sold by
Wilsons Mills Llc
Bought by
Simmental Ventures Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,683
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $287,500 | None Listed On Document | |
| Warranty Deed | $165,000 | None Available | |
| Warranty Deed | $120,000 | None Available | |
| Warranty Deed | $131,500 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $132,000 | New Conventional | |
| Previous Owner | $96,000 | New Conventional | |
| Previous Owner | $136,683 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/08/2026 01/08/26 | Sold | $287,500 | -4.1% | $203 / Sq Ft |
| 12/18/2025 12/18/25 | Pending | -- | -- | -- |
| 10/21/2025 10/21/25 | Price Changed | $299,899 | 0.0% | $211 / Sq Ft |
| 09/25/2025 09/25/25 | Price Changed | $299,900 | -1.6% | $211 / Sq Ft |
| 08/22/2025 08/22/25 | For Sale | $304,900 | -- | $215 / Sq Ft |
Source: Doorify MLS
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 | $1,783 | $280,730 | $60,000 | $220,730 |
| 2024 | $1,326 | $163,740 | $32,000 | $131,740 |
| 2023 | $1,261 | $163,740 | $32,000 | $131,740 |
| 2022 | $1,294 | $163,740 | $32,000 | $131,740 |
| 2021 | $1,294 | $163,740 | $32,000 | $131,740 |
| 2020 | $1,343 | $163,740 | $32,000 | $131,740 |
| 2019 | $1,343 | $163,740 | $32,000 | $131,740 |
| 2018 | $1,211 | $144,130 | $24,960 | $119,170 |
| 2017 | $1,211 | $144,130 | $24,960 | $119,170 |
| 2016 | $1,211 | $144,130 | $24,960 | $119,170 |
| 2015 | $1,211 | $144,130 | $24,960 | $119,170 |
| 2014 | $1,211 | $144,130 | $24,960 | $119,170 |
Source: Public Records
Agents Affiliated with this Home
-
Natalie Pearse
-
N
Buyer's Agent in 2026
Non Member
Non Member Office
Map
Source: Doorify MLS
MLS Number: 10115297
APN: 17J07023N
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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