NOT LISTED FOR SALE

LOT 5 Henry Meadows Ln Cedar Grove, NC 27231

Estimated Value: $406,000 - $613,000

2.49 Acres
$203,304 Price per Acre
108,464 Sq Ft Lot

Last Sold July 01, 2020

Last sale price $85,000

Est. 496% increase in value since last sale

Current estimated payment $2,936/month

1 Day on Market

Highlights

  • 2.49 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • No HOA

About This Lot

As of July 2020

View Lake Orange from your future back deck/patio on a level ~ 2.5 ac lot in this new private cul-de-sac community. Bring your own builder. Surveyed and partially fenced w/ 3-board horse style; No direct lake access but lake membership can be applied for; private marina less than 1 mile away. Chickens allowed; current 4 bedroom perk & well permit on file. See plat for easements; Seller is part-owner and the NC licensed co-listing agent. 10 min drive to downtown Historic Hillsborough.

Last Agent to Sell the Property

Natalie Bree

Natalie & Co Real Estate Consultants LLC License #238878 Listed on: 06/06/2020

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $746

Lot Details

  • 2.49 Acre Lot
  • Lot Dimensions are 247 x 406 x 169 x 465
  • Property fronts a private road
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot

Home Design

  • Tar and Gravel Roof

Schools

  • Gravelly Hill Middle School
  • Orange High School

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Henry Meadows Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 9857552250
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$746

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 2.49
  • Lot Size: 247 x 406 x 169 x 465
  • Road Frontage Type: Easement, Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Henry Meadows
  • Directions: From downtown Hillsborough, take 86 N, cross over 70, left on Lake Orange, paved rd turns to gravel, left on Henry Meadows Lane
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Partial
  • Lot Features: Cleared, Level
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Septic Tank
  • Electric: Duke Power
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Central
  • High School: Orange
  • Middle Or Junior School: Gravelly Hill

Lot Info

  • Parcel #: 9857552250
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 34136.5462
  • TRIADMLS_ClearedAcres: 2.49
  • TRIADMLS_PlatPage: 168
  • TRIADMLS_DeedPage: 153-157
  • TRIADMLS_DeedBook: 6625
  • TRIADMLS_PlatBook: 120
  • TRIADMLS_AcresRange: 2 - 3

Tax Info

  • Tax Annual Amount: 745.92
  • Tax Lot: 5
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2020
Closed on
Jul 1, 2020
Sold by
44 Forty Group Llc
Bought by
Mcconnell Melissa L and Roellgen Beth A
Seller's Agent
Natalie Bree
Natalie & Co Real Estate Consultants LLC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$506,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,227
Avg. Annual Appreciation
40.39%
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
Mcconnell Melissa L $85,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $85,000 0.0% --
06/08/2020 06/08/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $85,000 -- --
Source: Triad 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
2024 $3,020 $376,600 $89,500 $287,100
2023 $3,640 $372,000 $89,500 $282,500
2022 $3,587 $372,000 $89,500 $282,500
2021 $2,263 $247,700 $89,500 $158,200
2020 $748 $77,700 $77,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Natalie Bree

    Seller's Agent in 2020

    Natalie Bree

    Natalie & Co Real Estate Consultants LLC

    (919) 357-7557

    12 in this area

    191 Total Sales

    Natalie Bree
    Section Image

  • N

    Buyer's Agent in 2020

    NONMEMBER NONMEMBER

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Map

Source: Triad MLS

MLS Number: 979396

Triad MLS

APN: 9857552250

North Carolina Orange County Cedar Grove 27231

LOT 5 Henry Meadows Ln, Cedar Grove, NC

This home is located at LOT 5 Henry Meadows Ln, Cedar Grove, NC 27231 since 06 June 2020 and is currently estimated at $506,227. LOT 5 Henry Meadows Ln is a home located in Orange County with nearby schools including Central Elementary School and Gravelly Hill Middle.

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