NOT LISTED FOR SALE

2504 Rivers Edge Rd Summerfield, NC 27358

Estimated Value: $657,936 - $833,000

4 Beds
3 Baths
3,100 Sq Ft
$247/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $475,000 $153 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,564/month

430 Days on Market

Highlights

  • Newly Remodeled
  • 2 Car Attached Garage
  • Central Air
  • Northern Elementary School Rated A-

About This Home

As of January 2020

Brand new by Otey Construction! Lovely single story living with beautiful views and a spacious covered porch to enjoy it from! Summerfield address and Northern Schools! 24 lot subdivision, Several lots back up to the Haw River. Other lots available, please contact listing agent for more details. Agent related to builder.

Last Agent to Sell the Property

Karen Otey

Otey Homes and Land License #235964 Listed on: 10/05/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,037

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.76 Acre Lot
  • Property is zoned RS-30

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,892 Sq Ft Home
  • 2,600-3,100 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater

Community Details

  • Rivers Edge Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 7950187937
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,037

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.76
  • Subdivision Name: Rivers Edge
  • Directions: North on Lake Brandt Rd. Right on Witty Rd. development on left just past Bonnie Rd.
  • Above Grade Finished Sq Ft: 2892
  • Unit Levels: One
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2018
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2600 - 3100
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • Living Area: 2892
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Completion Date: 2018-09-28T04:00:00.000Z

Garage/Parking

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

Utilities

  • Sewer: Private Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 55
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Northern
  • High School: Northern
  • Middle Or Junior School: Northern

Lot Info

  • Parcel #: 7950187937
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 639342.1053
  • TRIADMLS_DeedPage: 00059
  • TRIADMLS_DeedBook: 008019
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 4036.99
  • Tax Lot: 3
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.8615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
Jan 13, 2020
Sold by
Otey Construction Inc
Bought by
Kostic Radoslav and Kostic Megan
Seller's Agent
Karen Otey
Otey Homes and Land
Sold Price
$475,000
Current Estimated Value
$759,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,437
Avg. Annual Appreciation
6.84%
Original Mortgage
$427,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kostic Radoslav $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kostic Radoslav $430,100
Closed Kostic Radoslav $427,000
Previous Owner Otey Construction Inc $336,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2020 01/13/20 Sold $475,000 -- $183 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

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
2023 $4,452 $516,800 $80,000 $436,800
2022 $4,452 $516,800 $80,000 $436,800
2021 $4,037 $468,600 $85,000 $383,600
2020 $4,037 $468,600 $85,000 $383,600
2019 $4,037 $85,000 $0 $0
2018 $0 $85,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Karen Otey

    Otey Homes and Land

    (336) 430-6552

    48 Total Sales

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Map

Source: Triad MLS

MLS Number: 904914

Triad MLS

APN: 0227154

North Carolina Guilford County Summerfield 27358

2504 Rivers Edge Rd, Summerfield, NC

This home is located at 2504 Rivers Edge Rd, Summerfield, NC 27358 since 05 October 2018 and is currently estimated at $764,984, approximately $246 per square foot. This property was built in 2018. 2504 Rivers Edge Rd is a home located in Guilford County with nearby schools including Northern Elementary School, Northern Guilford Middle School, and Northern Guilford High School.

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