NOT LISTED FOR SALE

1768 Scalesville Rd Summerfield, NC 27358

Estimated Value: $249,000 - $1,003,675

39 Acres
$14,273 Price per Acre
1,706,681 Sq Ft Lot

Last Sold April 11, 2022

Last sale price $1,750,000 $2,581 Per Sq Ft

Current estimated payment $3,488/month

39 Days on Market

Highlights

  • Barn
  • 39.18 Acre Lot
  • No HOA
  • Northern Elementary School Rated A-
  • Partially Wooded Lot
  • Pasture

About This Lot

As of April 2022

Rare opportunity for 39+ acres in Summerfield. Road frontage on both Lake Brandt Rd and Scalesville Rd. There are two small homes on the property plus a barn, value is in the land. Perfect for a private estate or subdivision possibility. Please see agent only remarks. Environmental Site Assesment is saved in attachments.

Last Agent to Sell the Property

Karen Otey

Otey Homes and Land License #235964 Listed on: 11/05/2021

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,859

Lot Details

  • 39.18 Acre Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned AG

Additional Homes

  • Residence on Property

Schools

  • Northern Middle School
  • Northern High School

Farming

  • Barn
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0136454
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$2,859

Lot Details

0

Listing Details

  • Property Sub Type: Agriculture
  • Prop. Type: Land
  • Lot Size Acres: 39.18
  • Road Frontage Type: 2-Lane
  • Directions: Follow Lake Brandt Rd. North and go right on Scalesville Rd. Properties will be on the left-hand side
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Exterior Features

  • Lot Features: Partially Cleared, Partially Wooded, Pasture
  • Other Structures: Barn(s), Residence

Utilities

  • Electric: Duke Power

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Northern
  • High School: Northern
  • Middle Or Junior School: Northern

Lot Info

  • Parcel #: 0136454
  • Zoning: AG
  • TRIADMLS_PricePerAcre: 44665.6457
  • TRIADMLS_DeedPage: 02645
  • TRIADMLS_DeedBook: 006834
  • TRIADMLS_AcresRange: 35 - 41

Tax Info

  • Tax Annual Amount: 2859
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.8615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Apr 11, 2022
Sold by
Phoenix Farms Llc
Bought by
Pma I Holdings Llc
Seller's Agent
Karen Otey
Otey Homes and Land
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$1,750,000
Current Estimated Value
$561,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,188,393
Avg. Annual Appreciation
-27.89%
Original Mortgage
$30,000
Outstanding Balance
$28,596
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$560,509

Purchase Details

Closed on
Jan 7, 2008
Bought by
Phoenix Farms Llc

Purchase Details

Closed on
Aug 9, 2004
Sold by
Spencer William Ray
Bought by
Spencer Carl Wayne and Spencer Bobby Ray
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Phoenix Farms Llc $1,500,000 --
Spencer Carl Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pma I Holdings Llc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $1,750,000 -- $2,581 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
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
2023 $4,955 $575,200 $548,000 $27,200
2022 $4,955 $575,200 $548,000 $27,200
2021 $2,859 $331,900 $314,800 $17,100
2020 $2,859 $331,900 $314,800 $17,100
2019 $2,859 $331,900 $0 $0
2018 $2,845 $331,900 $0 $0
2017 $2,845 $331,900 $0 $0
2016 $2,921 $329,700 $0 $0
2015 $2,938 $329,700 $0 $0
2014 $2,971 $329,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Karen Otey

    Otey Homes and Land

    (336) 430-6552

    48 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    NONMEMBER NONMEMBER

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Map

Source: Triad MLS

MLS Number: 1048437

Triad MLS

APN: 0136454

North Carolina Guilford County Summerfield 27358

1768 Scalesville Rd, Summerfield, NC

This home is located at 1768 Scalesville Rd, Summerfield, NC 27358 since 05 November 2021 and is currently estimated at $559,225, approximately $824 per square foot. 1768 Scalesville Rd is a home located in Guilford County with nearby schools including Northern Elementary School, Northern Guilford Middle School, and Northern Guilford High School.

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