NOT LISTED FOR SALE

2508 Rivers Edge Rd Summerfield, NC 27358

Estimated Value: $101,000 - $551,000

0.88 Acre
$272,640 Price per Acre
38,333 Sq Ft Lot

Last Sold December 03, 2023

Last sale price $99,000

Est. 142% increase in value since last sale

Current estimated payment $1,364/month

About This Lot

As of December 2023

This home is located at 2508 Rivers Edge Rd, Summerfield, NC 27358 since 31 October 2023 and is currently estimated at $239,923. 2508 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.

Last Agent to Sell the Property

Karen Otey

Otey Homes and Land License #235964 Listed on: 10/31/2023

Last Buyer's Agent

Karen Bolyard

Karen Bolyard Real Estate Group Brokered by eXp Realty License #304087

Karen Bolyard Real Estate Group Brokered by eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $689

Lot Details

  • 0.88 Acre Lot
  • Property is zoned RS-30

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Rivers Edge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0227156
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$689

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.88
  • Subdivision Name: Rivers Edge
  • Directions: Lake Brandt -> Witty -> Rivers Edge Rd.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_PhoneYN: Yes
  • Special Features: None

Utilities

  • Electric: Duke Power
  • TRIADMLS_CableYN: Yes
  • Gas Company: Type: Natural Gas

Condo/Co-op/Association

  • Association Fee: 55
  • Association: Yes

Lot Info

  • Parcel #: 0227156
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 112500
  • TRIADMLS_DeedPage: 00066
  • TRIADMLS_DeedBook: 008600
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 689
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.8615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Nov 1, 2023
Sold by
Otey Construction Inc
Bought by
Lampe Investment Properties Llc
Seller's Agent
Karen Otey
Otey Homes and Land
Buyer's Agent
Karen Bolyard
Karen Bolyard Real Estate Group Brokered by eXp Realty
List Price
$99,000
Sold Price
$99,000
Views
4
Current Estimated Value
$239,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,923
Avg. Annual Appreciation
60.77%

Purchase Details

Closed on
Mar 31, 2022
Sold by
Rivers Edge 7 Llc
Bought by
Otey Construction Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lampe Investment Properties Llc $99,000 None Listed On Document
Otey Construction Inc $85,000 Chandler & Schiffman Pa
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2023 12/03/23 Sold $99,000 0.0% --
10/31/2023 10/31/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $99,000 -- --
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 $689 $80,000 $80,000 $0
2022 $689 $80,000 $80,000 $0
2021 $732 $85,000 $85,000 $0
2020 $732 $85,000 $85,000 $0
2019 $732 $85,000 $0 $0
2018 $0 $85,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Karen Otey

    Otey Homes and Land

    (336) 430-6552

    47 Total Sales

    Section Image
  • Karen Bolyard

    Buyer's Agent in 2023

    Karen Bolyard

    Karen Bolyard Real Estate Group Brokered by eXp Realty

    (336) 202-4477

    287 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 1124014

Triad MLS

APN: 0227156

North Carolina Guilford County Summerfield 27358

2508 Rivers Edge Rd, Summerfield, NC

This home is located at 2508 Rivers Edge Rd, Summerfield, NC 27358 since 31 October 2023 and is currently estimated at $239,923. 2508 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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