NOT LISTED FOR SALE

2505 Oak Ridge Rd Oak Ridge, NC 27310

Estimated Value: $329,000 - $607,008

3 Beds
1 Bath
1,900 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $275,000 $145 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,514/month

8 Days on Market

Highlights

  • 2.98 Acre Lot
  • Wood Flooring
  • No HOA
  • Oak Ridge Elementary School Rated A-
  • Farmhouse Style Home
  • Forced Air Heating and Cooling System

About This Home

As of November 2023

Ready for a fixer upper? Want some prime land in Triad, NC? This absolute TREASURE is located in the cusp of historical Town of Oak ridge! This 2.98 acre previous farm is ready for the new homeowner! Create YOUR dream home! Beautiful original hardwoods. Lots of privacy and centrally located! Near highways and airport! It can also be sold with an additional 4.38 acres of vacant lot. see agent to agent remarks. Check out the three fireplaces in the house!

Last Agent to Sell the Property

Pilar Powell

Keller Williams One License #275962 Listed on: 09/29/2023

Keller Williams One

Last Buyer's Agent

Kelly Hayes

Keller Williams One License #341714

Keller Williams One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,541

Year Built

  • Built in 1931

Lot Details

  • 2.98 Acre Lot
  • Property is zoned RS-30

Parking

  • Driveway

Home Design

  • Farmhouse Style Home
  • Masonite

Interior Spaces

  • 1,735 Sq Ft Home
  • 1,500-1,900 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0163181
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,541

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.98
  • Subdivision Name: None
  • Directions: N-68 to R-150 (Oak Ridge Road) House on the left past Academy
  • Above Grade Finished Sq Ft: 1735
  • Architectural Style: Farm House
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1931
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1735
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Masonite
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Oak Ridge
  • High School: Northwest
  • Middle Or Junior School: Northwest

Lot Info

  • Parcel #: 0163181
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 92281.8792
  • TRIADMLS_PlatPage: 58
  • TRIADMLS_DeedPage: 1060
  • TRIADMLS_DeedBook: 5813
  • TRIADMLS_PlatBook: 128
  • TRIADMLS_AcresRange: 3 - 3

Tax Info

  • Tax Annual Amount: 1541
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.9082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 14, 2023
Sold by
Derrick Rodney D and Derrick Donna R
Bought by
Agarwal Tanushrcc and Agarwal Akhilesh
Seller's Agent
Pilar Powell
Keller Williams One
Buyer's Agent
Kelly Hayes
Keller Williams One
List Price
$375,000
Sold Price
$275,000
Premium/Discount to List
-$100,000
-26.67%
Views
372
Current Estimated Value
$435,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,100
Avg. Annual Appreciation
31.11%

Purchase Details

Closed on
May 8, 2003
Bought by
Derrick Rodney D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Agarwal Tanushrcc $625,000 None Listed On Document
Derrick Rodney D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derrick Rodney D $124,536
Previous Owner Derrick Rodney $6,850
Previous Owner Derrick Rodney D $145,800
Previous Owner Derrick Rodney D $76,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $275,000 -26.7% $183 / Sq Ft
09/29/2023 09/29/23 For Sale $375,000 -- $250 / 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 $1,584 $169,700 $89,400 $80,300
2022 $1,541 $169,700 $89,400 $80,300
2021 $1,284 $141,400 $75,200 $66,200
2020 $1,284 $141,400 $75,200 $66,200
2019 $1,284 $141,400 $0 $0
2018 $1,278 $141,400 $0 $0
2017 $1,284 $141,400 $0 $0
2016 $1,278 $138,000 $0 $0
2015 $1,285 $138,000 $0 $0
2014 $1,299 $138,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pilar Powell

    Keller Williams One

    (336) 209-5252

    3 in this area

    100 Total Sales

    Section Image

  • K

    Buyer's Agent in 2023

    Kelly Hayes

    Keller Williams One

    (336) 455-2859

    2 in this area

    33 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 1120405

Triad MLS

APN: 0163181

North Carolina Guilford County Oak Ridge 27310

2505 Oak Ridge Rd, Oak Ridge, NC

This home is located at 2505 Oak Ridge Rd, Oak Ridge, NC 27310 since 29 September 2023 and is currently estimated at $434,252, approximately $228 per square foot. This property was built in 1931. 2505 Oak Ridge Rd is a home located in Guilford County with nearby schools including Oak Ridge Elementary School, Northwest Guilford Middle School, and Northwest Guilford High School.

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