$90,000
SOLD AUG 28, 2024

5545 Silk Hope Gum Springs Rd Siler City, NC 27344

1.51 Acres
$59,603 Price per Acre
65,776 Sq Ft Lot

Recently Sold

10% Below List Price

206 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Level Lot
  • Wooded Lot

About This Lot

As of August 2024

Silk Hope opportunity: Calling all developers, builders, investors & private owners! A 1.5 acre tract of land in a bucolic setting amongst farmland and only a short distance to Silk Hope schools. No HOA! This wonderful site is already cleared with a very gentle slope and offers a possible basement opportunity towards the rear of the lot. HIGH SPEED FIBER is on the street and ready for connectivity! A conventional 4BR septic permit is in place with septic field identified (can perk for more since soils are exceptional); no visible rock outcroppings. Ideal home site setting is rear south-facing w/ a tree buffer in back. ONLY 2 LOTS REMAINING. This ideal lot is shovel-ready with no additional expense required to remove trees. Driveway entrance is DOT approved. Short distance to Pittsboro, Shopping, UNC, etc. Possible Seller Financing.

Last Agent to Sell the Property

Steve Doyle

NewStone Realty, LLC License #235997

Last Buyer's Agent

Kelly McNabb

Costello Real Estate & Investm License #316961

Costello Real Estate & Investm

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $301

Lot Details

  • 1.51 Acre Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Silk Hope Elementary And Middle School
  • Jordan Matthews High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well Required
  • Perc Test On File For Septic Tank
  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$301

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: See Survey
  • Lot Features Partially Cleared: Yes
  • Utilities Cable Available: Yes
  • General Property Information Horse YN2: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Vegetation Cleared2: Yes
  • Water Source Need Well: Yes
  • Sewer Perc Test On File: Yes
  • General Property Information Lot Size Square Feet2: 65775.6
  • General Property Information Lot Size Acres: 1.51
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.51
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Need Well

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Chatham - Jordan Matthews
  • Middle Or Junior School: Chatham - Silk Hope

Lot Info

  • Current Use: Vacant
  • Lot Dimensions: See Survey
  • Lot Size Sq Ft: 65775.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 301.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Chatham - Silk Hope

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $90,000 0.0% --
08/06/2024 08/06/24 Pending -- -- --
08/06/2024 08/06/24 Price Changed $90,000 -5.3% --
02/24/2024 02/24/24 Price Changed $95,000 -5.0% --
01/12/2024 01/12/24 For Sale $100,000 -- --
Source: Doorify MLS

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Source: Doorify MLS

MLS Number: 10006058

Doorify MLS