NOT LISTED FOR SALE

2510 Rivers Edge Rd Summerfield, NC 27358

Estimated Value: $932,000 - $1,077,000

4 Beds
4 Baths
4,100 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $903,500 $220 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,941/month

21 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Kitchen Island
  • Northern Elementary School Rated A-
  • Tankless Water Heater
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

Another stunning Otey Construction home! Come view the superior craftsmanship and fine details that make all of the difference. Located in the Rivers Edge subdivision off Witty Rd in Summerfield. All Northern Schools. Step through the mahogany front door and be prepared to fall in love! Pella windows/ 8' tall sliders to back. Wood/Tile floors throughout..NO CARPET! 48"Jennaire commercial range/hood, HUGE kitchen island with quartz countertops. 2 story foyer and great room with artic stone fireplace. Owners suite PLUS 2nd bedroom w/full bath on the main level. Office w/drama wood ceilings on the main level, 2nd office on the second level with BR 3&4 PLUS 2 more baths,, a huge bonus and walk in storage. Note the tech shield roof sheathing for energy efficiency. GORGEOUS back covered porch with beefy cedar columns overlook private backyard with grilling patio and large boulder firepit. Sodded/irrigated lawn. Please contact LA for details if pool is on the wishlist.

Last Agent to Sell the Property

Karen Otey

Otey Homes and Land License #235964 Listed on: 08/19/2022

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 2022

Lot Details

  • 0.84 Acre Lot
  • Sprinkler System
  • Property is zoned RS-30

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,856 Sq Ft Home
  • 3,400-4,100 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Wood Flooring
  • Dryer Hookup

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Northern Middle School
  • Northern High School

Utilities

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

Community Details

  • Rivers Edge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0227157
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$732

Year Built

Built in 2022

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.84
  • Subdivision Name: Rivers Edge
  • Directions: North on Lake Brandt Rd, right on Witty Rd., cross over Scalesville Rd; development is on the left just past Bonnie Ln.
  • Above Grade Finished Sq Ft: 3856
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2022
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3400 - 4100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Gas Cooktop, Slide-In Oven/Range, Range Hood, Gas Water Heater, Tankless Water Heater
  • Flooring: Wood
  • Interior Amenities: Great Room, Dead Bolt(s), Kitchen Island, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 3856
  • 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
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas, Tankless

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 #: 0227157
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 1075595.2381
  • TRIADMLS_DeedPage: 01490
  • TRIADMLS_DeedBook: 008585
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 732
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.8615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Nov 22, 2022
Sold by
Lampe Francis and Lampe Zoya Heyat
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
$900,000
Sold Price
$903,500
Premium/Discount to List
$3,500
0.39%
Views
31
Current Estimated Value
$988,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,859
Avg. Annual Appreciation
3.06%
Original Mortgage
$677,625
Outstanding Balance
$651,389
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$336,970

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 18, 2022
Sold by
Otey Construction Inc
Bought by
Lampe Francis and Ahmadi Zoya Heyat
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
$900,000
Sold Price
$903,500
Premium/Discount to List
$3,500
0.39%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,625
Outstanding Balance
$651,389
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$336,970

Purchase Details

Closed on
Feb 24, 2022
Sold by
Rivers Edge 7 Llc
Bought by
Otey Construction Inc
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
Lampe Investment Properties Llc -- --
Lampe Francis $903,500 --
Otey Construction Inc $85,000 None Listed On Document
Otey Construction Inc $85,000 Chandler & Schiffman Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lampe Francis $677,625
Closed Otey Construction Inc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2022 10/19/22 Sold $903,500 +0.4% $266 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $900,000 -- $265 / 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
2025 $7,754 $900,000 $80,000 $820,000
2024 $7,754 $875,100 $80,000 $795,100
2023 $7,754 $875,100 $80,000 $795,100
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 2022

    Karen Otey

    Otey Homes and Land

    (336) 430-6552

    43 Total Sales

    Karen Otey
    Section Image
  • Karen Bolyard

    Buyer's Agent in 2022

    Karen Bolyard

    Karen Bolyard Real Estate Group Brokered by eXp Realty

    (336) 202-4477

    296 Total Sales

    Karen Bolyard
    Section Image
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Map

Source: Triad MLS

MLS Number: 1081408

Triad MLS

APN: 0227157

North Carolina Guilford County Summerfield 27358

2510 Rivers Edge Rd, Summerfield, NC

This home is located at 2510 Rivers Edge Rd, Summerfield, NC 27358 since 19 August 2022 and is currently estimated at $988,359, approximately $241 per square foot. This property was built in 2022. 2510 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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