Unlock the potential of this sprawling 114-acre property, a canvas awaiting your vision! Situated just 16 miles from Chatham Park/Pittsboro and strategically positioned within 25 miles of both the Wolfspeed Megasite and Toyota Battery Manufacturing Megasite, this prime location offers convenience and opportunity. Boasting pastures, fruit trees, and timber, the landscape presents a versatile backdrop for your dreams—whether you envision a private horse farm, exhilarating motocross space, or a visionary residential development. Several perk sites have been identified. With 486 feet of road frontage and no restrictions, the possibilities are limited only by your imagination. Don't miss your chance to seize this exceptional opportunity!
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker HPW Pittsboro
Office Phone: (919) 542-0209
Listing Agent: Donna G Thomas
Lot Features
Lot Information:
Lot: Trees, Many Trees, Private
Lot Size: 114.00 Acres
School Info
Assigned Schools Information:
Jordan Matthews High School, Public District Grades 9-12
Silk Hope School, Public District Grades PK-8
Other
Directions Information:
Directions: From Pittsboro, take NC 87 North for 10 miles Turn Left on Pete Thomas Road, Turn Right onto Otis Johnson Rd Property is approximately 1/2 mile on Right.
Price Information
Listing Price Info
Price Summary:
List Price: $2,052,000
What can I afford?
Understand what home price range makes sense for your budget.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 12:20:23 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$10.3K
Per Month
Principal & Interest
$10.2K
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
$6,219
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.
Middle School
5
/10
Silk Hope School
7945 Silk Hope Gum Springs Rd
Distance between this listing and this school5.87 miles
Public District Grades PK-8
High School
3
/10
Jordan Matthews High School
910 E Cardinal St
Distance between this listing and this school12.01 miles
Public District Grades 9-12
Nearby Schools
3
/10
B Everett Jordan Elementary School
5827 Church Rd
Distance between this listing and this school7.19 miles
Public District Grades KG-5
6
/10
Perry W Harrison Elementary School
2655 Hamlets Chapel Rd
Distance between this listing and this school7.69 miles
Public District Grades PK-5
6
/10
Sylvan Elementary School
7718 Sylvan Rd
Distance between this listing and this school8.56 miles
Public District Grades PK-5
Assigned Schools
5
/10
Silk Hope School
7945 Silk Hope Gum Springs Rd
Distance between this listing and this school5.87 miles
Public District Grades PK-8
Nearby Schools
5
/10
Margaret B. Pollard Middle School
185 Granite Mill Blvd
Distance between this listing and this school10.15 miles
Public District Grades 6-8
5
/10
Horton Middle School
79 Horton Rd
Distance between this listing and this school10.40 miles
Public District Grades 5-8
Assigned Schools
3
/10
Jordan Matthews High School
910 E Cardinal St
Distance between this listing and this school12.01 miles
Public District Grades 9-12
Nearby Schools
6
/10
The Hawbridge School
1735 Saxapahaw Bethlehem Ch Rd
Distance between this listing and this school7.55 miles
Public Charter Grades 6-12
5
/10
Northwood High School
310 Northwood High School Rd
Distance between this listing and this school8.62 miles
The neighbors living near this home have an average income of $84,268. The majority of Chatham County, NC residents have income between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 368 Otis Johnson Rd
What is the listing price of this property?
The listing price of 368 Otis Johnson Rd property is $2,052,000.
What type of property is this?
The property 368 Otis Johnson Rd is land located in Pittsboro, North Carolina, 27312.
Is this property for sale now?
Active Listing: 368 Otis Johnson Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 368 Otis Johnson Rd are: Silk Hope School: GreatSchools Rating 5/10Jordan Matthews High School: GreatSchools Rating 3/10
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 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 368 Otis Johnson Rd in Pittsboro, NC and zip code 27312. This home sits on a 114.00 acre lot. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $2,052,000.
In March 2024, from all listings sold in Chatham County, NC there were more than 6 sold above asking price, over 14 sold below and more than 12 were sold right at the asked price. Between February 2024 and March 2024, Chatham County, NC real estate market has seen increase in the number of listings by 1.3%. In March 2024 median list price was $531,666 and the average listing age was 137 days.
From Rocket Homes Real Estate and based on county public records data.