Rare Opportunity! Amazing Development Opportunity! 80.55 Acres of in Gibsonville! This Land sits at the End of Dunn Road and Behind Brightwood Farms Subdivision. There is an Tear Down Condition House, Cabin and 2 Barns on the Property being Sold at No Value. House has been Vacant for over 40 Years. The Estate is not aware of any Well/Septic System installed on the Land and the County has No Septic Records on File. There is a Utility Easement, See Attachments for Details. There are No Water/Sewer Hookups from the City/County. The Tax Card lists the Property Address as 220 ZZ Dunn Road.
Property Details
Property Features
Listing Office:
Office Name: 360 Realty
Office Phone: (336) 505-1080
Listing Agent: Tracey Shrouder
Lot Features
Lot Information:
Lot Size: 80.55 Acres
Other
Directions Information:
Directions: US-70 E/Burlington Rd to Knox Rd Turn left onto Knox Rd. Turn right onto Bethel Church Rd. Turn right onto Dunn Rd. The land is at the end of Dunn Road. The Red Cattle Gate is the Entrance.
Price Information
Listing Price Info
Price Summary:
List Price: $2,250,000
Tax Information:
Annual Amount: $98
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Gibsonville, NC.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11.2K
Per Month
Principal & Interest
$11.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,812
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Sedalia Elementary School
6120 Burlington Road
Distance between this listing and this school2.56 miles
Public District Grades PK-5
3
/10
Gibsonville Elementary School
401 E Joyner St
Distance between this listing and this school3.03 miles
Public District Grades PK-5
3
/10
McLeansville Elementary School
5315 Frieden Church Rd
Distance between this listing and this school3.92 miles
Public District Grades PK-5
Nearby Schools
2
/10
Eastern Guilford Middle School
435 Peeden Dr
Distance between this listing and this school1.30 miles
Public District Grades 6-8
3
/10
Northeast Guilford Middle School
6720 McLeansville Rd
Distance between this listing and this school6.59 miles
Public District Grades 6-8
3
/10
Gate City Charter
123 Flemingfield Rd
Distance between this listing and this school6.62 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Eastern Guilford High School
415 Peeden Dr
Distance between this listing and this school1.30 miles
Public District Grades 9-12
3
/10
Northeast Guilford High School
6700 McLeansville Rd
Distance between this listing and this school6.40 miles
Public District Grades 9-12
6
/10
Western Alamance High School
1731 N NC 87
Distance between this listing and this school6.72 miles
The neighbors living near this home have an average income of $56,577. The most common annual income of people living in Gibsonville, NC is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 220 Dunn Rd
What is the listing price of this property?
The listing price of 220 Dunn Rd property is $2,250,000.
What type of property is this?
The property 220 Dunn Rd is land located in Gibsonville, North Carolina, 27249.
Is this property for sale now?
Active Listing: 220 Dunn Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $98 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 220 Dunn Rd in Gibsonville, NC and zip code 27249. This home sits on a 80.55 acre lot. It has been listed on Rocket Homes since February 22, 2022 and is currently priced at $2,250,000.
In October 2024 more than 4 listings in Gibsonville, NC were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 11 were sold below. The inventory of homes for sale in Gibsonville, NC between September 2024 and October 2024 increased by 10.7%. In October 2024 median list price was $331,000 and the average listing age was 20 days.
From Rocket Homes Real Estate and based on county public records data.