NOT LISTED FOR SALE

8562 Bailey Rd Sims, NC 27880

Estimated Value: $433,355 - $584,000

3 Beds
2.5 Baths
2,338 Sq Ft
$212/Sq Ft Est. Value

Last Sold September 21, 2017

Last sale price $215,000 $92 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,831/month

164 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Bonus Room
  • Covered Patio or Porch
  • Rock Ridge Elementary School Rated A-
  • Great Room
  • Breakfast Area or Nook

About This Home

As of September 2017

Country living with no city taxes! Nearly an acre lot, over 2300SF with 3 bedrooms, 2 1/2 baths, master bedroom downstairs. Great open view from back yard. Rocking chair front porch. Located within minutes of Buckhorn Reservoir boat ramp.

Last Agent to Sell the Property

Mike Eatmon

Our Town Properties Inc. Listed on: 03/10/2017

Last Buyer's Agent

Johnna Dorough

Branco Realty License #245525

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 90 x 377 x 119 x 379

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,338 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Formal Dining Room
  • Bonus Room
  • Crawl Space
  • Fire and Smoke Detector
  • Breakfast Area or Nook

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry in Hall
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Propane
  • Well
  • Electric Water Heater
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 2751-55-8058.000

Community Details

Overview

  • Buckhorn Plantation Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: One and One Half
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Vinyl
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Wash/Dry Connect, Walk-In Closet, Gas Logs, Ceiling Fan(s)
  • Laundry Location: Hall
  • List Price per Sq Ft: 93.63
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bonus Room Level: Second
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Great Room Level: First
  • Kitchen Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2338.00
  • Total Heated Primary Separate Sq Ft: 2338.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air, Heat Pump
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Street Lights, Taxes, Management
  • HOAAssociationFee1Year: 100.00

Lot Info

  • Deed Page: 703.00
  • Lot Acres: 0.92
  • Lot Dimensions: 90 x 377 x 119 x 379
  • Lot Number: 48
  • Lot Sq Ft: 40075.00
  • Zoning: RES

Tax Info

  • Tax Identifier: 2751-55-8058.000
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2017
Closed on
Sep 12, 2017
Sold by
Gofman Gene and Gofman Nicole Marie
Bought by
Jones Kevin Patrick and Jones Elizabeth Creeck
Seller's Agent
Mike Eatmon
Our Town Properties Inc.
Buyer's Agent
Johnna Dorough
Branco Realty
List Price
$223,900
Sold Price
$215,000
Premium/Discount to List
-$8,900
-3.97%
Current Estimated Value
$495,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,089
Avg. Annual Appreciation
10.68%
Original Mortgage
$193,500
Outstanding Balance
$162,532
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$332,557
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Kevin Patrick $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Kevin Patrick $193,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2017 09/21/17 Sold $215,000 -4.0% $92 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $223,900 -- $96 / 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 $2,623 $373,644 $70,000 $303,644
2024 $2,623 $373,644 $70,000 $303,644
2023 $1,867 $219,534 $35,000 $184,534
2022 $1,867 $219,534 $35,000 $184,534
2021 $1,857 $219,534 $35,000 $184,534
2020 $1,909 $219,534 $35,000 $184,534
2019 $1,910 $219,534 $35,000 $184,534
2018 $1,857 $219,534 $35,000 $184,534
2017 $1,857 $219,534 $35,000 $184,534
2016 $1,857 $219,534 $35,000 $184,534
2014 $1,885 $222,899 $35,000 $187,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100052508

Hive MLS

APN: 2751-55-8058.000