2137 Old Latter Rd Newton, NC 28658
Estimated payment $2,060/month
Highlights
- 28.09 Acre Lot
- Maiden Middle School Rated A-
- Farm
About This Home
Check out this stunning +/- 28.09 acre horse farm for sale located in Newton, NC. This property combines the feel of rural living with all the small-town perks and charms. The property features ample road frontage, rolling pastures, creek access and wooded areas making it an ideal setting for a flourishing equestrian facility or building your own personal estate. Located within the city limits of Newton, zoned R-20 & R11, possibilities exist for future development in this desirable area. The equestrian facilities include a spacious concrete block barn, spanning 223'x60' with 30 12'x12' stalls with automatic waters, lights, and some have concrete flooring. The large center aisle offers an ideal area for rainy day riding. The inside grooming area has several crosstie bays, hot water washroom, a tack room, a feed room, a lounge area with a kitchenette, and a 1/2 bath that is accessible from the grooming area. There is a spacious office with a relaxing view overlooking the 200'x120' outdoor riding arena. The attached +/- 750 sq ft apartment provides flexibility for guests, staff, or rental income. It features 1 bedroom with an additional 1/2 bath off of the kitchen, living and dining area with a washer and dryer hookup. Also on the property, is a 2 bed, 2 bath singlewide mobile home. Appliances do not convey with the mobile home or apartment. Take in the beautiful sunsets from the screened porch. Pastures are fenced and include both a connecting pen as well as a covered shed providing animals with shelter. Also included is a high wall round pen and a charming older Dutch gable barn with additional 4 stalls, expansive loft and 2 overhangs. This barn has newer roofing and siding and provides some spectacular views of the pastures. Located on the backside of the property you can find a small stream that meanders along the wooded portion of the property. Property is quietly situated between the cities of Newton and Hickory, NC which is "regularly listed as one of America's most desirable and affordable places to live and retire". Within a convenient drive to Hwy 321 and Interstate 40, makes this unique property a rare find. Do not miss this unique opportunity to own a serene and versatile piece of land in a highly desirable location. The blend of turnkey equestrian facilities, flexible living space and potential for development makes this a rare offering. The property consists of 2 adjoining parcels. Property is located within the city limits of Newton, NC. Currently uses a private well and septic system. No septic permit on record. Public water currently comes to Old Conover Road which connects to Old Latter Rd. Currently there is a single wide mobile home located on the +/- 1 acre parcel which is personal property. Sellers do not plan to remove it and there is no monetary value being placed on it. Sellers indicate that they replaced the roof and siding on the Older Dutch Gable Barn a few years ago. Online Auction Ends Thursday, April 10th at 4 PM 2137 Old Latter Rd., Newton, NC 28658 PREVIEW DATE: Friday, March 21st at 11 AM and Friday, April 4th at 4 PM BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well. BUYER'S PREMIUM - TEN PERCENT (10%): Buyer's Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer's Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer's premium = total purchase price of $110,000). Buyer's Premium is not due until closing.
Property Details
Property Type
- Other
Est. Annual Taxes
- $1,808
Lot Details
- 28.09 Acre Lot
Home Design
- Farm
Listing and Financial Details
- Auction
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,808 | $213,100 | $166,500 | $46,600 |
| 2023 | $1,808 | $213,100 | $166,500 | $46,600 |
| 2022 | $1,800 | $161,400 | $145,400 | $16,000 |
| 2021 | $1,800 | $161,400 | $145,400 | $16,000 |
| 2020 | $1,800 | $161,400 | $145,400 | $16,000 |
| 2019 | $1,800 | $161,400 | $0 | $0 |
| 2018 | $1,801 | $161,500 | $146,400 | $15,100 |
| 2017 | $1,801 | $0 | $0 | $0 |
| 2016 | $1,801 | $0 | $0 | $0 |
| 2015 | $1,540 | $161,500 | $146,400 | $15,100 |
| 2014 | $1,540 | $152,500 | $137,800 | $14,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Pending | -- | -- | -- |
| 03/03/2025 03/03/25 | For Sale | $342,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $225,000 | None Available | |
| Warranty Deed | $190,000 | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Deed | -- | -- | |
| Deed | $250,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $200,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | Seller Take Back |
Source: My State MLS
MLS Number: 11443048
APN: 3720208199730000
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