NOT LISTED FOR SALE

2306 Farmgate Rd Browns Summit, NC 27214

Browns Summit Area

Estimated Value: $458,000 - $505,421

3 Beds
2 Baths
3,000 Sq Ft
$160/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2021

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

Est. 31% increase in value since last sale

Current estimated payment $2,887 / mo

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Mar 4, 2021
Sold by
Bought by
Seller's Agent
Sharon May
Gate City Real Estate
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$365,000
Current Estimated Value
$479,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,105
Avg. Annual Appreciation
5.20%
Original Mortgage
$292,000
Outstanding Balance
$255,743
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$223,362

Purchase Details

Closed on
Sep 21, 2017
Sold by
Bought by

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
Bought by
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
7.77%
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
Bought by
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

Purchase Details

Closed on
Aug 23, 2005
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$365,000 None Available
$201,000 None Available
$195,000 Chicago Title Insurance Co
-- None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $292,000
Previous Owner $197,354
Previous Owner $156,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    50 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

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