NOT LISTED FOR SALE

2002 Northbay Dr Browns Summit, NC 27214

Estimated Value: $376,534 - $627,000

0.93 Acre
$543,155 Price per Acre
40,511 Sq Ft Lot

Last Sold July 15, 2014

Last sale price $45,000

Est. 1,023% increase in value since last sale

Current estimated payment $3,024/month

183 Days on Market

Highlights

  • No HOA
  • Northern Guilford Middle School Rated A-
  • Level Lot

About This Lot

As of July 2014

Beautiful building lot that backs to Greensboro City Lake property!

Last Agent to Sell the Property

Tina Marsh

Howard Hanna Allen Tate - Greensboro License #183942 Listed on: 12/03/2013

Howard Hanna Allen Tate - Greensboro

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $426

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 179 x 221 x 185 x 231
  • Level Lot
  • Property is zoned RS 40

Schools

  • Northern Middle School
  • Northern High School

Community Details

  • No Home Owners Association
  • Waterford Subdivision

Listing and Financial Details

  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$426

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.93
  • Lot Size: 179 x 221 x 185 x 231
  • Subdivision Name: Waterford
  • Directions: N. Church - R Archergate - L Yanceyville - 1st R on Northbay - home site on right
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Subdivided, Level
  • Flood Zone: Not in Flood Zone

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Ronald E McNair
  • High School: Northern
  • Middle Or Junior School: Northern

Lot Info

  • Zoning: RS 40
  • TRIADMLS_PricePerAcre: 48387.0968
  • TRIADMLS_PlatPage: 91
  • TRIADMLS_DeedPage: 693
  • TRIADMLS_DeedBook: 5151
  • TRIADMLS_PlatBook: 135
  • TRIADMLS_AcresRange: 0 - 100

Tax Info

  • Tax Annual Amount: 425.7
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2015
Sold by
Best Builders Inc
Bought by
James William L and James Candice F
Current Estimated Value
$505,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,900
Outstanding Balance
$304,153
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$200,981

Purchase Details

Listed on
Dec 3, 2013
Closed on
Jul 15, 2014
Sold by
Hamzi Imad H and Hamzi Rana S
Bought by
Best Builders Inc
Seller's Agent
Tina Marsh
Howard Hanna Allen Tate - Greensboro
List Price
$48,000
Sold Price
$45,000
Premium/Discount to List
-$3,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.07%
Original Mortgage
$294,900
Interest Rate
4.24%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 1, 2001
Sold by
Wedgewood Investment Corp
Bought by
Hamzi Imad H and Hamzi Rana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.18%
Mortgage Type
Seller Take Back
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
James William L $385,000 Attorney
Best Builders Inc $45,000 None Available
Hamzi Imad H $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James William L $384,900
Previous Owner Best Builders Inc $294,900
Previous Owner Hamzi Imad H $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2014 07/15/14 Sold $45,000 -6.3% --
06/05/2014 06/05/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $48,000 -- --
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 $4,025 $452,000 $62,400 $389,600
2024 $4,025 $452,000 $62,400 $389,600
2023 $4,025 $452,000 $62,400 $389,600
2022 $3,868 $452,000 $62,400 $389,600
2021 $3,306 $386,300 $49,500 $336,800
2020 $3,306 $386,300 $49,500 $336,800
2019 $3,306 $386,300 $0 $0
2018 $3,289 $386,300 $0 $0
2017 $3,306 $386,300 $0 $0
2016 $3,295 $372,300 $0 $0
2015 $421 $47,300 $0 $0
2014 $426 $47,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 691592

Triad MLS

APN: 0125400