See Home Value
$287,500
● House - Off Market

85 Drop Seed Lane

Smithfield, NC 27577
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,418 Ft²
$1,644
Est. Monthly
$50
HOA / Fees
6.91%
Cap Rate

About This Property

New Carpet, Paint, and Roof (new pictures coming soon)!! Discover the charm of 85 Drop Seed Lane, a beautifully maintained 1,418 sq. ft. ranch-style home that perfectly blends comfort, style, and convenience. Featuring 3 spacious bedrooms and 2 full bathrooms, this open-concept design creates a seamless flow ideal for both everyday living and entertaining.

Enjoy peace of mind with a brand-new roof, a freshly updated back deck, and a large lot perfect for outdoor gatherings or quiet evenings under the stars. The community itself offers an incredible lifestyle - residents enjoy access to all Fred Smith amenities, including multiple pools, fitness centers, and golf courses at LionsGate and Riverwood. The neighborhood also boasts its own private pool and a picturesque pond where you can relax or fish on a sunny afternoon.

Perfectly situated just 10 minutes from Flowers Plantation, 10 minutes from Downtown Smithfield, and only 30 minutes to Raleigh, this home offers the best of both worlds: small-town charm and convenient city access. Whether you're a first-time buyer or looking to downsize into a more manageable space, 85 Drop Seed Lane delivers elegance, practicality, and an unmatched community experience - a rare find in today's market.
Unit Size
1,418 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$211
Property Type
House
Property Taxes
$121
HOA Dues
$50
Year Built
2011

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Last updated: 10 months ago (TMLS #10115297)

Price History

Date / Event Date Event Price
Jan 8, 2026 Sold
Sold
Dec 19, 2025 In contract -
In contract
Oct 21, 2025 Price Decreased $299,899
↓ $1 (0%)
Price Decreased
Sep 25, 2025 Price Decreased $299,900
↓ $5K (1.6%)
Price Decreased
Aug 12, 2025 Listed by United Real Estate Triangle $304,900
Listed by United Real Estate Triangle
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Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 24
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,406
  • Gross Building Area: 2,016
  • Building Area: 1,406
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,406
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRALEE SUBDIVISION
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LOT 409 TRALEE PH 4 71/466

Neighborhood

  • School District Name: Johnston County Schools
  • School Tax School District: 26
  • School Tax District Code 2: 17
  • Census Tract: 040904

Zoning

  • Zoning: RES

Geography

  • Assessors Map Reference: BK: 71 PG: 466
  • Account Number: 2000201962
  • District: 17
  • Subdivision Phase Number: 4
  • Parcel: 17J07023N
  • Lot: 409
  • Municipality: WILSON S MILLS
  • Latitude: 35.5642
  • Longitude: -78.3648

    Address

  • Full Address: 85 Dropseed Ln
  • Address - House Number: 85
  • Address - Street Name: Dropseed
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Smithfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 9666
  • Zip Code: 27577

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $126,080
  • Tax Rate Code Area: C,FR26

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 74
  • Final Value: 294,634
  • High Value: 351,746
  • Low Value: 237,523

    Market Valuation

  • Market Total Value: $163,740
  • Market Land Value: $32,000
  • Market Improvement Value: $131,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,740
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $131,740

    Sales

  • Current Sale Contract Date: Jun 27, 2017
  • Current Sale Recording Date: Jun 30, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017535702
  • Previous Sale Recording Date: Nov 18, 2011
  • Previous Sale Contract Date: Nov 07, 2011
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tralee


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Nearby Rentals

Unit for rent at 200 Flagstone Way, Wilsons Mills, NC, 27520

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,511 ft²
200 Flagstone Way, Wilsons Mills, NC, 27520 Listing by Yuliya Klyashtoforski
Unit for rent at 144 Babbling Brook Drive, Clayton, NC, 27520

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,536 ft²
144 Babbling Brook Drive, Clayton, NC, 27520 Listing by August Gordon


Frequently Asked Questions

When was property at 85 Drop Seed Lane built and last sold?
The property at 85 Drop Seed Lane was built in 2011 and last sold on Jun 27, 2017 for $165,000.
How much is this home worth?
The estimated value of the home located at 85 Drop Seed Lane is $292,320.
What are some comparable homes to 85 Drop Seed Lane?
There are currently no comparable homes to 85 Drop Seed Lane.