2502 Farmgate Rd Browns Summit, NC 27214
Estimated Value: $338,000 - $493,000
3
Beds
3
Baths
2,450
Sq Ft
$172/Sq Ft
Est. Value
About This Home
This home is located at 2502 Farmgate Rd, Browns Summit, NC 27214 and is currently estimated at $422,021, approximately $172 per square foot. 2502 Farmgate Rd is a home located in Guilford County with nearby schools including Reedy Fork Elementary School, Northeast Guilford Middle School, and Northeast Guilford High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 9, 2015
Sold by
Fields Linda A
Bought by
Fields Gerald L
Current Estimated Value
Purchase Details
Closed on
Aug 7, 2003
Sold by
Roderick Gregory A and Roderick Laurie D
Bought by
Fields Gerald and Fields Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Outstanding Balance
$94,059
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$327,962
Purchase Details
Closed on
Sep 6, 2000
Sold by
Mcclellan Sue Southerland
Bought by
Mcclellan Sue S and Sue S Mcclellan Living Trust
Purchase Details
Closed on
Feb 18, 2000
Sold by
Brown Gurney L and Brown Kathy A
Bought by
Roderick Gregory A and Roderick Laurie D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
8.17%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fields Gerald L | -- | Attorney | |
| Fields Gerald | $184,000 | -- | |
| Mcclellan Sue S | -- | -- | |
| Roderick Gregory A | $152,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fields Gerald | $184,000 | |
| Previous Owner | Roderick Gregory A | $144,400 |
Source: Public Records
Tax History Compared to Growth
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 | $1,757 | $197,300 | $40,000 | $157,300 |
| 2024 | $1,757 | $197,300 | $40,000 | $157,300 |
| 2023 | $1,757 | $197,300 | $40,000 | $157,300 |
| 2022 | $1,688 | $197,300 | $40,000 | $157,300 |
| 2021 | $1,408 | $164,600 | $30,000 | $134,600 |
| 2020 | $1,408 | $164,600 | $30,000 | $134,600 |
| 2019 | $1,408 | $164,600 | $0 | $0 |
| 2018 | $1,401 | $164,600 | $0 | $0 |
| 2017 | $1,401 | $164,600 | $0 | $0 |
| 2016 | $1,390 | $157,100 | $0 | $0 |
| 2015 | $1,398 | $157,100 | $0 | $0 |
| 2014 | $1,414 | $157,100 | $0 | $0 |
Source: Public Records
Map
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