Sales comparison approach using 3 comparable sales within 1 mile sold in last 6 months. Adjusted for lot size, age, and condition. Assessed value of $347,467 appears below market.
Contemporary 4-Bed Home on Nearly an Acre in The Lakes
What catches your eye first at 129 Bailey Circle is the generous 0.92-acre lot — rare acreage inside The Lakes at Shiloh community that opens immediate possibilities for gardening, play, or an exterior project. This contemporary 2019-built home sits level to the road with a wide driveway and a 2-car attached garage topped by a finished room over the garage (FROG) that’s perfect for a home office, hobby room, or guest suite.
Inside, the plan reads as modern and comfortable: high ceilings and consistent laminate flooring create a light, airy feeling through the main living areas while a streamlined kitchen features stainless steel appliances and clean lines that suit everyday living and entertaining. Two full bathrooms serve four bedrooms plus the versatile FROG space, and the home’s 1,742 square feet are arranged on a 1.5-story footprint that balances openness with private bedroom zones.
Systems and finishes reflect recent construction: central air, a heat pump, architectural shingle roof, and municipal water service. The property has been well maintained by owner-occupants since their 2022 purchase; county records show assessed value at $347,467 and annual property tax of $2,676. The home’s condition and contemporary finishes reduce near-term maintenance needs and make it move-in ready for buyers seeking turnkey rural living.
Location is quietly suburban-rural — The Lakes at Shiloh community park is a short distance away and NC-343 sits about 0.5 miles for convenient regional access. Elizabeth City is roughly a 30-minute drive for expanded shopping, dining, and services. Practical due diligence items include a septic inspection and confirmation of any neighborhood covenants. With balanced local market dynamics and recent area comps supporting a midpoint valuation around $370,000, this property is an attractive option for primary residence buyers who want a modern home plus substantial outdoor space.
See the properties helping shape the valuation.
Comparable sales
- Same living area
- Similar lot size
- Same year built
- 624 SF larger
- 1 additional bedroom
- 0.5 additional bathrooms
- Similar lot size
- 6 years newer
- 701 SF larger
- 1 additional bedroom
- 1 additional bathroom
- 177,725 SF larger lot
- 5 years newer
A 2019 contemporary on 0.92 acres.
Building
Site & utilities
The Lakes at Shiloh
Researched nearby locations
Location
129 Bailey Cir, Shiloh, NC 27974
The Lakes at Shiloh offers a quiet, low-density residential setting on the edge of Camden County’s lakes and low-traffic country roads. Residents enjoy a small-community feel with a community park nearby, while Elizabeth City — about 30 minutes away — provides additional shopping, dining, and healthcare options. Camden County Schools serve the area with average public school ratings, and the neighborhood appeals to buyers seeking modern homes, larger yards, and a slower pace without sacrificing regional access via NC-343.
Good local access to community green space with The Lakes at Shiloh park 0.3 miles away, nearby country roads for biking and walking, and broader recreational options a short drive toward Elizabeth City and surrounding waterways.
A factual market snapshot around 129 Bailey Cir.
Camden County’s housing market around Shiloh currently reads as balanced with modest upward movement. Recent market metrics show roughly 3 months of inventory and an average days-on-market near 45 days — conditions that favor neither aggressive seller premiums nor deep buyer discounts. The median sale price in the immediate area sits near $350,000 with one-year appreciation around 4% and five-year gains near 15%. Comparable sales within one mile support an estimated value range of $360K–$380K, and this home’s 2019 construction and excellent condition place it competitively at the midpoint estimate of $370,000. Single-family homes in The Lakes at Shiloh perform steadily: well-maintained, modern houses move reliably in the 30–60 day window. For buyers, that signals an opportunity to purchase a low-maintenance contemporary property without the intensity of a seller’s frenzy; for sellers, it indicates pricing accuracy will produce timely offers. Keep in mind localized factors — septic condition and average school ratings — which can affect buyer demand and should be verified in due diligence.
Single Family Residential
Zoning
Research-indicated uses
- Single Family
- Accessory Structures
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 74 SF larger
- 0.5 fewer bathrooms
- 1,014 SF smaller
- 4 fewer bedrooms
What the research supports — and what is still worth verifying.
Key findings
- County assessor shows 2022 purchase at $349,900 ($201/SF) — current estimate $370,000 ($212/SF)
- Assessed value $347,467 (land $238,787, improvements $108,680) — annual taxes $2,676
- Zoned Residential — suitable for single-family use
- Comparable sales within 1 mile in last 6 months range $360K–$380K
- Average days on market in area: 45 days (balanced market)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm septic system condition and capacity
- Verify any community restrictions or covenants
- Professional home inspection
- Review recent comparable sales for updated valuation
What stands out about this property.
Interior Features
- 4 bedrooms
- 2 full bathrooms
- Finished room over garage (FROG)
- Laminate flooring throughout main living areas
- High ceilings
- Modern kitchen with stainless steel appliances
- Central air conditioning
- Heat pump
Exterior & Lot
- 0.92-acre level lot
- 2-car attached garage
- Architectural shingle roof
- Ample driveway parking
- Frontage on Bailey Circle
- Municipal water; septic sewer
Location & Neighborhood
- The Lakes at Shiloh community
- Approximately 30 minutes to Elizabeth City
- NC Highway 343 about 0.5 miles
- Close to The Lakes at Shiloh community park (0.3 mi)
- Camden County Schools district
Walkability & Recreation
- Walkability Rating: 20/100 — Car-Dependent
- The Lakes at Shiloh community park (0.3 mi)
- Local country roads for walking and biking
- Community is close to regional waterways and outdoor access
- Driving access to expanded recreation in Elizabeth City
Sources & research confidence.
See where the property research came from and how confidence varies by field.