NOT LISTED FOR SALE

2420 Farmgate Rd Browns Summit, NC 27214

Estimated Value: $473,542 - $519,000

3 Beds
2.5 Baths
2,397 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 20, 2025

Last sale price $490,000 $204 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,801/month

108 Days on Market

Highlights

  • Wooded Lot
  • Attic
  • Porch
  • Wood Flooring
  • Double Oven
  • 2 Car Attached Garage

About This Home

As of March 2025

You're going to LOVE living at 2420 Farmgate Road! Located in the beautiful Hidden Lake Farm neighborhood and minutes from everything that Browns Summit and Greensboro have to offer. Enjoy sipping your morning coffee on the rocking-chair front porch or lounging on the rear screened-in porch overlooking your private fenced-in backyard. The kitchen features several upgrades including granite countertops, tile backsplash, stainless steel appliances, and a custom bar area with built-in cabinets and beverage fridge. Just off the kitchen is the spacious family room complete with a beautiful stone fireplace. The second level features the oversized primary suite with dual closets, as well as the home's 2 guest rooms. Other upgrades include New Roof (2021) and water heater (2022). Minutes to Bryan Park Golf Course, Lake Townsend, and the Bryan Park sports complex.

Last Agent to Sell the Property

Ryan Gwynn

Leggette Realty Group LLC License #301355 Listed on: 11/01/2024

Last Buyer's Agent

Tyler Garlatz

Carolina Home Partners by eXp Realty License #329414

Carolina Home Partners by eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1990

Lot Details

  • 1.06 Acre Lot
  • Fenced
  • Level Lot
  • Wooded Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 2,397 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space
  • Attic

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Northeast Middle School
  • Northeast High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Hidden Lake Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 125908
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,224

Year Built

Built in 1990

Lot Details

1.06 Acres

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.06
  • Subdivision Name: Hidden Lake Farm
  • Directions: From Hwy 29N take Hicone Rd exit and turn right. Turn right onto Summit Ave. Turn left onto Scott Rd. Turn Right onto Rudd Station Rd. Once street name changes to Southshore Rd. Turn left onto Farmgate Rd and house will be on the left.
  • Above Grade Finished Sq Ft: 2397
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1990
  • TRIADMLS_PrimaryOnMainYN: No
  • Idx Status: Sold
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_LandDescription: Fence(s), Flat, Wooded
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Double Oven, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2397
  • Main Level Bathrooms: 1
  • Attic Description: Floored Attic
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Wooded
  • Pool Features: None
  • Construction Type: Wood Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Gravel, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Reedy Fork
  • High School: Northeast
  • Middle Or Junior School: Northeast

Lot Info

  • Parcel #: 125908
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 2224.47
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.8905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Mar 19, 2025
Sold by
Gann Taylor M and Gwynn Ryan
Bought by
Purves Keith and Purves Tammy
Seller's Agent
Ryan Gwynn
Leggette Realty Group LLC
Buyer's Agent
Tyler Garlatz
Carolina Home Partners by eXp Realty
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Views
251
Current Estimated Value
$494,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,886
Avg. Annual Appreciation
0.98%
Original Mortgage
$250,000
Outstanding Balance
$247,629
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$247,257

Purchase Details

Listed on
Jul 5, 2019
Closed on
Sep 19, 2019
Sold by
Hale Cody Ryan and Hale Candice Michelle
Bought by
Gann Taylor M and Gywnn Ryan
Seller's Agent
Bill Sargeson
eXp Realty, LLC - C
List Price
$274,900
Sold Price
$243,000
Premium/Discount to List
-$31,900
-11.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%
Original Mortgage
$238,598
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2007
Sold by
Weaver Brandan G and Weaver Norma G
Bought by
Hale Cody R and Hale Candice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Purves Keith $490,000 None Listed On Document
Gann Taylor M $243,000 None Available
Hale Cody R $242,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purves Keith $250,000
Previous Owner Gann Taylor M $238,598
Previous Owner Hale Cody R $194,000
Previous Owner Hale Cody R $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2025 03/20/25 Sold $490,000 -1.8% $204 / Sq Ft
02/17/2025 02/17/25 Pending -- -- --
01/08/2025 01/08/25 Price Changed $498,900 -2.2% $208 / Sq Ft
12/29/2024 12/29/24 Price Changed $510,000 -2.9% $213 / Sq Ft
11/01/2024 11/01/24 For Sale $525,000 +116.0% $219 / Sq Ft
09/24/2019 09/24/19 Sold $243,000 -11.6% $96 / Sq Ft View Prior Sale
08/22/2019 08/22/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $274,900 -- $109 / 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 $2,224 $249,800 $40,000 $209,800
2024 $2,224 $249,800 $40,000 $209,800
2023 $2,224 $249,800 $40,000 $209,800
2022 $2,138 $249,800 $40,000 $209,800
2021 $1,967 $229,900 $30,000 $199,900
2020 $1,967 $229,900 $30,000 $199,900
2019 $1,762 $205,900 $0 $0
2018 $1,753 $205,900 $0 $0
2017 $1,762 $205,900 $0 $0
2016 $1,736 $196,200 $0 $0
2015 $1,746 $196,200 $0 $0
2014 $1,766 $196,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1161800

Triad MLS

APN: 0125908

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