NOT LISTED FOR SALE

225 Somers Loop Reidsville, NC 27320

Estimated Value: $362,000 - $495,881

3 Beds
2.5 Baths
3,500 Sq Ft
$122/Sq Ft Est. Value

Last Sold January 22, 2016

Last sale price $206,000 $59 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,489/month

204 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Solid Surface Countertops
  • Partially Wooded Lot
  • Tudor Architecture
  • No HOA

About This Home

As of January 2016

This lovely and elegant English Tudor on over 5 acres is situated "in the country" but remarkably convenient to several population centers. Only minutes from Greensboro, Burlington, Eden, Reidsville, or Danville Virginia yet without the urban congestion and hustle and bustle. Featuring 3 bedrooms 2.5 bathrooms, solar water heating, attached garage, large detached garage/workshop, and beautiful landscaping. This is a rare find for the discerning buyer.

Last Agent to Sell the Property

Linda McInnis

Butterfly Realty License #167272 Listed on: 05/23/2015

Last Buyer's Agent

Sheryl Beauregard

Sheryl B Homes & Co License #278342

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,875

Year Built

  • Built in 1978

Lot Details

  • 5.44 Acre Lot
  • Fenced
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned RP

Parking

  • 4 Car Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 3,253 Sq Ft Home
  • 2,900-3,500 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Pull Down Stairs to Attic

Kitchen

  • Double Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Storm Windows
  • Storm Doors

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Well

Additional Features

  • Solar Water Heater
  • Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 161668
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,875

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.44
  • Lot Size: See map
  • Subdivision Name: None
  • Directions: From Reidsville take 87 east towards Burlington. Turn left on NC 150. Turn Right on Somers Loop. House is on the Right with signs in the yard.
  • Above Grade Finished Sq Ft: 3253
  • Architectural Style: Tudor
  • Unit Levels: Two
  • Year Built: 1978
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 600 - 800
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2900 - 3500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Built-In Range, Dishwasher, Double Oven, Solar Hot Water
  • Flooring: Carpet, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Solid Surface Counter
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Living Area: 3253
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Tennis Court(s)
  • Fencing: Fenced
  • Lot Features: Level, Partially Wooded
  • Construction Type: Brick, Stucco

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage Door Opener, Attached, Detached
  • Garage Description: Attached Garage, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air, Heat Pump, Zoned, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Solar
  • Energy Features: Insulated Doors, Insulated Windows, Storm Doors, Storm Windows

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 161668
  • Zoning: RP
  • TRIADMLS_AcresRange: 5 - 6

Tax Info

  • Tax Annual Amount: 1875
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.696

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2015
Closed on
Jan 14, 2016
Sold by
Sladky William J and Sladky Catherine B
Bought by
Coffey Jared and Coffey Cody L
Seller's Agent
Linda McInnis
Butterfly Realty
Buyer's Agent
Sheryl Beauregard
Sheryl B Homes & Co
List Price
$269,000
Sold Price
$206,000
Premium/Discount to List
-$63,000
-23.42%
Current Estimated Value
$425,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,970
Avg. Annual Appreciation
7.68%
Original Mortgage
$206,000
Outstanding Balance
$149,264
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$276,706
Source: Public Records

Range of Values:

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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
Coffey Jared $206,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffey Jared $206,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2016 01/22/16 Sold $206,000 -23.4% $71 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
05/23/2015 05/23/15 For Sale $269,000 -- $93 / 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 $2,922 $429,645 $69,980 $359,665
2024 $2,860 $429,645 $69,980 $359,665
2023 $2,860 $247,227 $36,448 $210,779
2022 $2,008 $247,227 $36,448 $210,779
2021 $1,990 $247,227 $36,448 $210,779
2020 $1,990 $247,227 $36,448 $210,779
2019 $1,990 $247,227 $36,448 $210,779
2018 $1,894 $235,020 $42,803 $192,217
2017 $1,894 $235,020 $42,803 $192,217
2015 $1,913 $235,020 $42,803 $192,217
2014 $1,894 $235,020 $42,803 $192,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 759319

Triad MLS

APN: 161668