NOT LISTED FOR SALE

2509 Rivers Edge Rd Summerfield, NC 27358

Estimated Value: $835,745 - $941,000

4 Beds
4 Baths
3,600 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $790,000 $219 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,285/month

55 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Porch
  • Northern Elementary School Rated A-
  • Arched Doorways
  • 3 Car Attached Garage

About This Home

As of May 2023

GORGEOUS, like new Otey construction home. This spacious 4 bed/4 bath + bonus room is all of the best of a new home without the new home price tag. ML primary suite and ML guest suite. 2 bed/2 bath on the second level as well as the bonus room and additional walk in storage. Located in the quiet neighborhood of Rivers Edge, theres peace and tranquility all around. Don't forget to check out the cascading leathered granite counter top on the kitchen island. Boasting one of the larger lots in the neighborhood, you have plenty of space for spring and summer activities coming up! Heated/Cooled 3rd bay garage! Aggressively priced to sell! Agents: Please sell RELOCATION criteria in the agent only remarks. Video tour: https://videos.aryeo.com/listings/8b2b7ecd-8e2d-4e48-8e9c-0fcaddd2af52/c108b9ce-8a62-4f64-9642-63646376a937.mp4

Last Agent to Sell the Property

Deesha Sunnassee

Berkshire Hathaway HomeServices Yost & Little Realty License #290460 Listed on: 02/03/2023

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Lee Kemp

Allen Tate High Point License #275488

Allen Tate High Point

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,608

Year Built

  • Built in 2021

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 117 x 268 x 260 x 71 x 102 x 342
  • Sprinkler System
  • Property is zoned RS-30

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,335 Sq Ft Home
  • 3,000-3,600 Sq Ft Home
  • Property has 2 Levels
  • Arched Doorways
  • Great Room with Fireplace

Kitchen

  • Free-Standing Range
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

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

Community Details

  • Rivers Edge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 227173
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,608

Year Built

Built in 2021

Lot Details

0

HOA Fees

$60 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.35
  • Lot Size: 117 x 268 x 260 x 71 x 102 x 342
  • Subdivision Name: Rivers Edge
  • Directions: North on Lake Brandt Rd, right on Witty Rd, cross over Scalesville, Rivers Edge Rd is on the left just past Bonnie Lane.
  • Above Grade Finished Sq Ft: 3335
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2021
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3000 - 3600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven, Slide-In Oven/Range, Range Hood, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Arched Doorways, Dead Bolt(s), Soaking Tub, Kitchen Island, Pantry, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 3335
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Sprinkler System
  • Pool Features: None
  • Construction Type: Brick, Cement Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 60
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 227173
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 585185.1852
  • TRIADMLS_PlatPage: 114
  • TRIADMLS_DeedPage: 02418
  • TRIADMLS_DeedBook: 008492
  • TRIADMLS_PlatBook: 196
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 5607.5
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.8615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2023
Sold by
Parker Jason Earl and Parker Jennifer Lee
Bought by
Rashid Farhan Danyal
Current Estimated Value
$873,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,300
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 10, 2021
Sold by
Otey Construction Inc
Bought by
Parker Jason Earl and Parker Jennifer Lee
Seller's Agent
Karen Otey
Otey Homes and Land
Buyer's Agent
Deesha Sunnassee
Berkshire Hathaway HomeServices Yost & Little Realty
Sold Price
$657,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$525,604
Interest Rate
3%
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
Rashid Farhan Danyal $790,000 None Listed On Document
Parker Jason Earl $657,500 First American Mortgage Sln
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rashid Farhan Danyal $766,300
Previous Owner Parker Jason Earl $525,604
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $790,000 -1.2% $263 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/09/2023 03/09/23 Price Changed $799,900 -3.0% $267 / Sq Ft
03/02/2023 03/02/23 Price Changed $825,000 -1.8% $275 / Sq Ft
02/03/2023 02/03/23 For Sale $840,000 +27.9% $280 / Sq Ft
08/10/2021 08/10/21 Sold $657,005 -- $219 / 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 $5,608 $627,800 $80,000 $547,800
2022 $5,608 $650,900 $80,000 $570,900
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

  • Deesha Sunnassee

    Seller's Agent in 2023

    Deesha Sunnassee

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 848-8878

    182 Total Sales

    Section Image

  • L

    Buyer's Agent in 2023

    Lee Kemp

    Allen Tate High Point

    (336) 848-1096

    154 Total Sales

    Section Image

  • K

    Seller's Agent in 2021

    Karen Otey

    Otey Homes and Land

    (336) 430-6552

    48 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 1095628

Triad MLS

APN: 0227173

North Carolina Guilford County Summerfield 27358

2509 Rivers Edge Rd, Summerfield, NC

This home is located at 2509 Rivers Edge Rd, Summerfield, NC 27358 since 03 February 2023 and is currently estimated at $873,186, approximately $242 per square foot. This property was built in 2021. 2509 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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