NOT LISTED FOR SALE

2306 Farmgate Rd Browns Summit, NC 27214

Estimated Value: $495,000 - $594,000

3 Beds
2 Baths
3,000 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $365,000 $122 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,993/month

5 Days on Market

Highlights

  • 1.78 Acre Lot
  • Wood Flooring
  • Solid Surface Countertops
  • Wooded Lot
  • Corner Lot
  • Circular Driveway

About This Home

As of March 2021

**Highest and Best by 6:00pm 1/25/21. Immaculately renovated one level home nestled on a 1.78 acres wooded lot in pristine move in condition! Spacious ranch boasts an awesome great room w/ stone fplc, blt in's, vltd clgs & recessed lighting. Adjacent to sunroom & direct deck/outdoor access. Gleaming hdwd flrs & new flooring throughout. Spacious master w/ huge walk in closet, updated shower/tub, flrs, vanity, sinks & more. Many new windows. Updated hall bath & a new shower stall for 3rd bath option. Huge kitchen w/ new granite, large breakfast area & adjacent dining rm. Private office area ideal for work/school needs. Gorgeous slate tile in mudroom. Huge two car garage w/ epoxy flrs. Electrical panel and breakers updated in 2019 w/ generator hook up & 30 Amp RV Hookup available too. Freshly poured concrete walks & patio areas. Low traffic street w/ n'hood lake for boating/fishing/playground use. Lower county taxes but still close to amenities. A peaceful oasis & lifestyle.

Last Agent to Sell the Property

Sharon May

Gate City Real Estate License #254531 Listed on: 01/20/2021

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,709

Year Built

  • Built in 1979

Lot Details

  • 1.78 Acre Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned RS-40

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 2,762 Sq Ft Home
  • 2,400-3,000 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Hidden Lake Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7878823236
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,709

Year Built

Built in 1979

Lot Details

1.78 Acres

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.78
  • Subdivision Name: Hidden Lake Farm
  • Directions: Take Pisgah Church Road until it becomes Lees Chapel Road. When you come to a stop sign make a left onto Southshore/Rudd Station Rd. Pass Bryan Park. Take the second left onto Farm Gate Rd. The home is on the left.
  • Above Grade Finished Sq Ft: 2762
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1979
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 3000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 2762
  • Main Level Bathrooms: 3
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Corner Lot, Level, Wooded
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Circular Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association Fee: 130
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 7878823236
  • Zoning: RS-40
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 1709
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.8557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Mar 4, 2021
Sold by
Wilde Keith A and Wilde Donielle D
Bought by
Gillespie Joshua James and Gillespie Rachel Susanne
Seller's Agent
Sharon May
Gate City Real Estate
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$365,000
Current Estimated Value
$520,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,708
Avg. Annual Appreciation
7.32%
Original Mortgage
$292,000
Outstanding Balance
$261,757
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$258,951

Purchase Details

Closed on
Sep 21, 2017
Sold by
Wilde Mark A and Wilde Patricia A
Bought by
Wilde Keith A and Wilde Donielle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,354
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 19, 2013
Closed on
Jun 18, 2014
Sold by
Dorn Susan W
Bought by
Wilde Mark A and Wilde Patricia A
Buyer's Agent
Sharon May
Gate City Real Estate
List Price
$241,000
Sold Price
$195,000
Premium/Discount to List
-$46,000
-19.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$156,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2013
Closed on
May 29, 2014
Sold by
Dorn Robert C
Bought by
Dorn Susan W
Buyer's Agent
Sharon May
Gate City Real Estate
List Price
$241,000
Sold Price
$195,000
Premium/Discount to List
-$46,000
-19.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Bought by
Dorn Robert C

Purchase Details

Closed on
Aug 23, 2005
Bought by
Dorn Robert C
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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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
Gillespie Joshua James $365,000 None Available
Wilde Keith A $201,000 None Available
Wilde Mark A $195,000 Chicago Title Insurance Co
Dorn Susan W -- None Available
Dorn Robert C -- --
Dorn Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie Joshua James $292,000
Previous Owner Wilde Keith A $197,354
Previous Owner Wilde Mark A $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2021 03/04/21 Sold $365,000 +87.2% $152 / Sq Ft
07/15/2014 07/15/14 Sold $195,000 -19.1% $70 / Sq Ft View Prior Sale
05/29/2014 05/29/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $241,000 -- $87 / 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 $3,273 $367,600 $60,000 $307,600
2024 $3,273 $367,600 $60,000 $307,600
2023 $3,273 $367,600 $60,000 $307,600
2022 $3,146 $367,600 $60,000 $307,600
2021 $2,684 $313,700 $45,000 $268,700
2020 $1,709 $199,700 $36,000 $163,700
2019 $1,709 $199,700 $0 $0
2018 $1,700 $199,700 $0 $0
2017 $1,700 $199,700 $0 $0
2016 $1,747 $197,400 $0 $0
2015 $1,757 $197,400 $0 $0
2014 $1,777 $197,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sharon May

    Gate City Real Estate

    (336) 209-0568

    1 in this area

    57 Total Sales

    Sharon May
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Map

Source: Triad MLS

MLS Number: 1008910

Triad MLS

APN: 0125912

North Carolina Guilford County Browns Summit 27214

2306 Farmgate Rd, Browns Summit, NC

Not Listed for Sale

Detached

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