NOT LISTED FOR SALE

112 Summers Ln Reidsville, NC 27320

Estimated Value: $135,000 - $221,000

3 Beds
2 Baths
1,400 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $88,300 $63 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,091/month

5 Days on Market

Highlights

  • No HOA
  • Porch
  • Fenced
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Vinyl Flooring

About This Home

As of July 2018

Handyman or First Time Buyers ... come take a look! Handicap accessible. Great detached garage or workshop. A little effort in updating could create equity!! Almost acre lot! Convert utility room back as built and you would have 4th bedroom. Great fenced in back yard.

Last Agent to Sell the Property

Len Leggette

Leggette Realty Group LLC License #274128 Listed on: 05/05/2018

Co-Listed By

Chris Leggette

Leggette Realty Group LLC License #289974

Last Buyer's Agent

Regina Sharpe

Sharpe Realty License #220502

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $699

Year Built

  • Built in 1989

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 225 x 209
  • Fenced
  • Property is zoned RA

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,256 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Reidsville Middle School
  • Reidsville High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 174067
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$699

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.95
  • Lot Size: 225 x 209
  • Co List Office Mls Id: GLEGRG01
  • Co List Office Phone: 336-303-1662
  • Subdivision Name: None
  • Directions: Corner of Hwy 29 Business Loop and Summers Lane.
  • Above Grade Finished Sq Ft: 1256
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1989
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1256
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Monroeton
  • High School: Reidsville
  • Middle Or Junior School: Reidsville

Lot Info

  • Parcel #: 174067
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 94631.5789
  • TRIADMLS_DeedPage: 399
  • TRIADMLS_DeedBook: 1252
  • TRIADMLS_PlatBook: 22-34
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 699
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2018
Closed on
Jun 22, 2018
Sold by
Nemec Harry George
Bought by
Wright Monica and Wright Christopher
Seller's Agent
Len Leggette
Leggette Realty Group LLC
Buyer's Agent
Regina Sharpe
Sharpe Realty
List Price
$89,900
Sold Price
$88,300
Premium/Discount to List
-$1,600
-1.78%
Current Estimated Value
$186,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,124
Avg. Annual Appreciation
12.08%
Original Mortgage
$87,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2005
Sold by
Nemec Harry G and Nemec Elizabeth H
Bought by
Nemec Harry G and Nemec Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,335
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2005
Sold by
Hodges James W and Hodges Priscilla B
Bought by
Nemec Harry G and Nemec Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,335
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wright Monica $89,000 None Available
Nemec Harry G -- None Available
Nemec Harry G $45,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Monica $127,000
Closed Wright Monica $111,000
Closed Wright Monica $87,800
Previous Owner Nemec Harry G $38,335
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $88,300 -1.8% $80 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/05/2018 05/05/18 For Sale $89,900 -- $82 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $895 $135,025 $22,572 $112,453
2023 $895 $83,454 $12,540 $70,914
2022 $672 $83,454 $12,540 $70,914
2021 $672 $83,454 $12,540 $70,914
2020 $672 $83,454 $12,540 $70,914
2019 $672 $83,454 $12,540 $70,914
2018 $699 $86,745 $21,400 $65,345
2017 $699 $86,745 $21,400 $65,345
2015 $706 $86,745 $21,400 $65,345
2014 $699 $86,745 $21,400 $65,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 885235

Triad MLS

APN: 174067