NOT LISTED FOR SALE

982 King Farm Rd Sanford, NC 27330

Estimated Value: $930,720

85 Acres
$10,990 Price per Acre
3,689,096 Sq Ft Lot

Last Sold November 26, 2024

Last sale price $900,000

Est. 3% increase in value since last sale

Current estimated payment $5,274/month

34 Days on Market

Highlights

  • 84.69 Acre Lot
  • No HOA
  • Spring water is a source of water for the property
  • Heavily Wooded Lot
  • Grass Field

About This Lot

As of November 2024

Unleash the full potential of this breathtaking 84.6-acre property, perfectly situated just 15 minutes from downtown Sanford, North Carolina. This expansive land offers a diverse landscape featuring rolling meadows, lush forests, and two peaceful ponds, creating a private paradise for nature lovers, outdoor enthusiasts, or anyone seeking a tranquil escape. Whether you're dreaming of multi-family living, establishing a wilderness retreat, or creating a recreational haven, the possibilities here are endless.

With multiple building sites already identified, and five septic systems perced, this land is primed for development. The expansive property could easily accommodate tiny homes, accessory dwelling units (ADUs), or even a small campground for those looking to capitalize on North Carolina's growing tourism and recreation industry. Imagine a community of tiny homes nestled among the trees or an eco-friendly retreat, attracting those seeking peace and adventure.

The property also offers the perfect setting for off-road activities. Wide-open spaces and existing trails make it ideal for four-wheelers, motocross, and mountain biking, offering plenty of recreational opportunities for thrill-seekers. For the investor, this could be a unique opportunity to develop a one-of-a-kind outdoor adventure park or recreational retreat that draws visitors from across the region. Additionally, the property can be used hiking, biking and camping, whether RVs or tent camping.

The serene surroundings and existing infrastructure, such as outbuildings and well-maintained paths, further add to the convenience and charm. Imagine sitting by the pond or hiking through your own private trails after a day of off-roading or horseback riding. There's no limit to how this versatile property can be tailored to meet your vision.

Now is the perfect time to explore the endless opportunities this property provides. Your North Carolina dream, whether it be development, investment, or recreation, is ready to come to life. Do not access the property without an agent—this exceptional land won't be available for long!

Please do not access the property without an agent.

Last Listed By

Scott Lawrence

VIVID PROPERTY GROUP License #354187 Listed on: 09/10/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,782

Lot Details

  • 84.69 Acre Lot
  • Lot Dimensions are 1113 x 2692 x 1453 x 2435
  • Property fronts a county road
  • Cleared Lot
  • Heavily Wooded Lot
  • Property is zoned RA

Schools

  • Jr Ingram Elementary School
  • Sanlee Middle School
  • Southern Lee High School

Horse Facilities and Amenities

  • Grass Field

Utilities

  • Spring water is a source of water for the property
  • Water Not Available
  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 961108402000, 961117297900, 961109809400

Property Details

Property Type

Land

Est. Annual Taxes

$1,782

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel, Paved
  • Co List Office Mls Id: T29
  • Co List Office Phone: 919-624-8476
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 1113 x 2692 x 1453 x 2435
  • Sewer Septic Needed: Yes
  • Vegetation Cleared2: Yes
  • Vegetation Heavily Wooded: Yes
  • Water Source Need Well: Yes
  • Utilities Electricity Connected: Yes
  • Vegetation Grassed: Yes
  • Road Surface Type Gravel2: Yes
  • Vegetation Partially Wooded: Yes
  • Road Frontage Type County Road: Yes
  • Utilities Septic Available: Yes
  • General Property Information Lot Size Square Feet2: 3689096.4
  • Utilities Water Not Available: Yes
  • General Property Information Lot Size Acres: 84.69
  • Water Source Spring: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 84.69

Utilities

  • Utilities: Electricity Connected, Septic Available, Water Not Available
  • Water Source: Spring, Need Well

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Lee - Southern Lee High
  • Middle Or Junior School: Lee - SanLee

Lot Info

  • Zoning: RA
  • Lot Dimensions: 1113 x 2692 x 1453 x 2435
  • Lot Size Sq Ft: 3689096.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 961108402000, 961117297900, 961109809400
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1781.6
  • Tax Year: 2024

MLS Schools

  • Elementary School: Lee - JR Ingram

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Nov 22, 2024
Sold by
Krishna Gita Lillian and Pattis Gregory Basil
Bought by
Montgomery Michael Todd
Seller's Agent
Scott Lawrence
VIVID PROPERTY GROUP
Buyer's Agent
Steve Gillooly
Gillooly & Associates Realty
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Total Days on Market
34
Views
12
Current Estimated Value
$930,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,720
Avg. Annual Appreciation
8.62%

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jun 13, 2022
Sold by
Cameron Family Limited Liability Company
Bought by
Pattis Gregory Basil and Pattis Deborah Lawrence
Seller's Agent
Samara Presley
Smart Choice Realty Company
Buyer's Agent
Katie Rother
VIVID PROPERTY GROUP
List Price
$589,900
Sold Price
$650,000
Premium/Discount to List
$60,100
10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.21%
Original Mortgage
$476,250
Interest Rate
5.1%
Mortgage Type
New Conventional

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
Montgomery Michael Todd $900,000 None Listed On Document
Montgomery Michael Todd $900,000 None Listed On Document
Pattis Gregory Basil $650,000 Callaway Michele Howell
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pattis Gregory Basil $476,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $900,000 -5.3% --
10/15/2024 10/15/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $950,000 +46.2% --
12/14/2023 12/14/23 Off Market $650,000 -- --
06/14/2022 06/14/22 Sold $650,000 +10.2% --
04/03/2022 04/03/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $589,900 -- --
Source: Doorify 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 $1,070 $294,100 $289,400 $4,700
2023 $1,029 $294,100 $289,400 $4,700
2022 $693 $158,500 $153,700 $4,800
2021 $717 $158,500 $153,700 $4,800
2020 $729 $158,500 $153,700 $4,800
2019 $729 $158,500 $153,700 $4,800
2018 $745 $150,800 $139,700 $11,100
2017 $745 $150,800 $139,700 $11,100
2016 $745 $150,800 $139,700 $11,100
2014 $673 $150,800 $139,700 $11,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10051696

Doorify MLS

APN: 9611-08-4020-00