NOT LISTED FOR SALE

151 Olive Rd Reidsville, NC 27320

Estimated Value: $860,000 - $1,009,199

3 Beds
3.5 Baths
3,900 Sq Ft
$236/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $650,000 $167 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,254/month

16 Days on Market

Highlights

  • In Ground Pool
  • Living Room with Fireplace
  • Solid Surface Countertops
  • 54.77 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of December 2020

Parcel No. 131731, Deed Bk 1273,Page 1231 a parcel of 2.17 acres across the street goes with this property. Looking for a unique property in a private setting that is convenient. Minutes from NC Hwy. 220 N for commute to Guilford or Forsyth counties. Custom built log home with large addition added in 2008-9. Over 3,600 Sq. Ft. with cathedral ceiling living room w/stone fp, open to kitchen/dining area. Large master bedroom w/fp, screened porch, 3.5 bathrooms, 3 brs., offices, hobby room, laundry room, wet bar. Inground pool, picnic shelter, detached 2 car garage w/workshop/exercise area. Guest house on the property with 872 sq. ft., 2 bedrooms, 1 bath, screened porch.

Last Agent to Sell the Property

Carole Roberts

Coldwell Banker Advantage License #60793 Listed on: 10/21/2020

Coldwell Banker Advantage

Last Buyer's Agent

Sheila Sanders

RE/MAX Realty Consultants License #207028

RE/MAX Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,435

Year Built

  • Built in 1985

Lot Details

  • 54.77 Acre Lot
  • Property is zoned RA

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Wood Siding
  • Log Siding

Interior Spaces

  • 3,647 Sq Ft Home
  • 3,200-3,900 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • In Ground Pool
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Private Water Source
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 166399
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,435

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 54.77
  • Subdivision Name: None
  • Directions: US Hwy. 220 N towards Madison, Exit on NC Hwy. 158 turn R towards Reidsville, L on Witty Rd., R on Brown, L on Iron Works Rd., R on Almond Rd., R on Olive Rd., first house on the right (there is no sign in the yard).
  • Above Grade Finished Sq Ft: 3647
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1985
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3200 - 3900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Gas Water Heater, Tankless Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Kitchen Island, Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Primary Bedroom
  • Fireplaces: 2
  • Living Area: 3647
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: In Ground
  • Construction Type: Cement Siding, Log, Wood Siding
  • TRIADMLS_PoolYN: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump, Electric, Propane
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Gas, Tankless

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 166399
  • Zoning: RA
  • TRIADMLS_AcresRange: 49 - 58

Tax Info

  • Tax Annual Amount: 3434.83
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.695

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 16, 2020
Sold by
Pervier Karen E
Bought by
Corbett David A and Corbett Laura C
Seller's Agent
Carole Roberts
Coldwell Banker Advantage
Buyer's Agent
Sheila Sanders
RE/MAX Realty Consultants
Sold Price
$650,000
Current Estimated Value
$919,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,800
Avg. Annual Appreciation
7.42%
Original Mortgage
$548,250
Outstanding Balance
$488,106
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$431,694
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
Corbett David A $650,000 None Available
Corbett David A $650,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corbett David A $548,250
Closed Corbett David A $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $650,000 -- $203 / 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
2025 $4,986 $908,518 $284,836 $623,682
2024 $4,734 $908,518 $284,836 $623,682
2023 $4,734 $588,540 $231,154 $357,386
2022 $3,435 $588,540 $231,154 $357,386
2021 $3,435 $588,540 $231,154 $357,386
2020 $3,435 $588,540 $231,154 $357,386
2019 $3,435 $588,540 $231,154 $357,386
2018 $3,005 $510,694 $220,465 $290,229
2017 $3,005 $510,694 $220,465 $290,229
2014 $3,005 $372,787 $82,558 $290,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 999228

Triad MLS

APN: 166399