NOT LISTED FOR SALE

227 Eason Ln Summerfield, NC 27358

Estimated Value: $236,000 - $432,000

3 Beds
2 Baths
2,472 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 19, 2014

Last sale price $115,000 $47 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,783/month

351 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Soaking Tub
  • 1 Fireplace
  • Porch
  • Tile Countertops

About This Home

As of June 2014

Significant reduction on lakefront home with great potential. Appraised recently for higher than list price. Lots of sq footage. Has 4 room studio or office space with full kitchen on 2nd floor with separate entrance. Home needs updating. Lg rooms. Master, DR & LR have great view of the lake. New roof on home & carport. Private 2.9 acres. Large 2 tier deck partially covered. Lg storage bldg. Great retreat. Buyer must pay cash or large down payment conventional loan, No FHA or USDA loans

Last Buyer's Agent

Regina Sharpe

Sharpe Realty License #220502

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 1979

Lot Details

  • 2.9 Acre Lot
  • Property is zoned RA

Parking

  • 2 Car Garage
  • Detached Carport Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,472 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Rockingham County Middle School
  • Rockingham County High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Wall Furnace
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 126983
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,109

Year Built

Built in 1979

Lot Details

2.9 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.9
  • Directions: 220 or Hwy 68 North to NC 158 East "L" on Knight Rd "L" on Eason. property on right after pond.
  • Above Grade Finished Sq Ft: 2472
  • Unit Levels: Two
  • Year Built: 1979
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2472
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Soaking Tub, Tile Counters
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: See Remarks
  • Fireplaces: 1
  • Living Area: 2472
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Construction Type: Vinyl Siding
  • Other Structures: Storage

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Baseboard, See Remarks, Wall Furnace, Electric, Propane, Wood
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas, Wood Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Rockingham County
  • Middle Or Junior School: Rockingham County

Lot Info

  • Parcel #: 126983
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 1109
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2013
Closed on
Jun 18, 2014
Sold by
Laslie Diane B and Eason Lorraine M
Bought by
Sharpe Terry and Sharpe Yanxia
Buyer's Agent
Regina Sharpe
Sharpe Realty
List Price
$135,900
Sold Price
$115,000
Premium/Discount to List
-$20,900
-15.38%
Current Estimated Value
$312,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,576
Avg. Annual Appreciation
8.86%
Original Mortgage
$78,000
Outstanding Balance
$59,306
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$253,270
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sharpe Terry $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharpe Terry $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2014 06/19/14 Sold $115,000 -15.4% $47 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
06/01/2013 06/01/13 For Sale $135,900 -- $55 / Sq Ft
Source: Triad MLS

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 $1,670 $241,992 $48,652 $193,340
2024 $1,563 $241,992 $48,652 $193,340
2023 $1,563 $136,515 $30,164 $106,351
2022 $1,074 $136,515 $30,164 $106,351
2021 $1,074 $136,515 $30,164 $106,351
2020 $1,074 $136,515 $30,164 $106,351
2019 $1,074 $136,515 $30,164 $106,351
2018 $1,037 $131,668 $36,758 $94,910
2017 $1,037 $131,668 $36,758 $94,910
2015 $1,260 $158,368 $36,758 $121,610
2014 $1,121 $142,302 $20,692 $121,610
Source: Public Records

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Map

Source: Triad MLS

MLS Number: 675142

Triad MLS

APN: 126983

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