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3893 Hugo Rd, Grifton, NC, 28530

2beds
1baths
800sqft
$169,000
$211price/sqft
$1,285/moest. monthly cost
$51,400/yrincome needed

About This Home

Nestled in the peaceful Hugo-Grifton area of Lenoir County, this charming two-bedroom, one-bath brick farmhouse sits on approximately 12 acres of beautiful countryside, offering the perfect blend of rural living and convenience. Located just 20 minutes from Greenville, the property features productive, cleared farmland that is currently being farmed, making it ideal for agricultural use, a hobby farm, or simply enjoying wide-open spaces. With ample acreage, there's plenty of room to build your dream custom home, add a barn or workshop, establish a large garden, or create the country lifestyle you've always envisioned. Preliminary soil types appear favorable for a septic system to support future construction, though testing will be required for confirmation. Whether you're looking for a peaceful homestead, an investment opportunity, or a property with room to grow, this versatile acreage offers endless possibilities in a desirable rural setting with easy access to nearby amenities.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

4/10
3/10
North Lenoir HighGrades 9-1210.7 mi
8/10

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Interior Area

  • Total structure area: 800
  • Total interior livable area: 800 sqft

Property

Details

  • Parcel number: 464000389228

Lot

  • Lot size: 13 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Winter Weather
Hurricane
Inland Flooding
Lightning
Tornado
Cold Wave
Drought
Hail
Heat Wave
Ice Storm

FEMA Declared Disasters in Lenoir County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $854$10,248
Home Insurance *$132$1,584
Property Taxes $99$1,188
Electricity $200$2,405
Total$1,285$15,420
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,057/yr
40% on housing$38,550/yr
45% on housing$34,266/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$211This listing

vs Other Active Listings

Avg $/sqft

ZIP 28530$102
Lenoir County$98

vs Homes Sold Last Month

Median $/sqft

ZIP 28530$151
Lenoir County$119

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-28Listed for sale$169,000
2020-12-02Sold$500,000

For Sale by Agent

AgentAaron Sutton
BrokerageThe Land Company

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