NOT LISTED FOR SALE

2512 Rivers Edge Rd Summerfield, NC 27358

Estimated Value: $100,000 - $1,335,000

4 Beds
4.5 Baths
4,252 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $1,175,000 $276 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $5,304/month

8 Days on Market

Highlights

  • Great Room with Fireplace
  • Freestanding Bathtub
  • Main Floor Primary Bedroom
  • Northern Elementary School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of October 2024

Pleased to present the newest Otey Construction home available for purchase! A fantastic floorplan which offers 2 bedrooms and 2 bathrooms on the main level. Striking kitchen with Viking appliances and a walk in pantry. There is a study/office on each level PLUS a huge bonus room. The covered porch with fireplace overlooks the pool ready backyard. All Northern Schools in Summerfield unincorporated w/low county taxes. Convenient location with easy access to airport, 73/840 and 220. Lush sodded and irrigated yard. Agents please see attachments.

Last Agent to Sell the Property

Karen Otey

Otey Homes and Land License #235964 Listed on: 09/03/2024

Co-Listed By

Jack Bickham

Otey Homes and Land License #298906

Last Buyer's Agent

Meredith Parsons

Tyler Redhead & McAlister Real Estate, LLC License #288138

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $682

Year Built

  • Built in 2024

Lot Details

  • 1.16 Acre Lot
  • Property is zoned RS-30

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,252 Sq Ft Home
  • Property has 2 Levels
  • Great Room with Fireplace
  • 2 Fireplaces
  • Walk-In Attic
  • Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Freestanding Bathtub

Outdoor Features

  • Outdoor Fireplace
  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

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

Community Details

  • Rivers Edge Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 0227158
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$682

Year Built

Built in 2024

Lot Details

0

HOA Fees

$60 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.16
  • Co List Office Mls Id: GOTEYHL01
  • Co List Office Phone: 336-430-6552
  • Subdivision Name: Rivers Edge
  • Directions: North on Lake Brandt Rd. Cross over NC - 150. Right on Witty Rd. Cross over Scalesville Rd. Subdivision is on the Left.
  • Above Grade Finished Sq Ft: 4252
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2024
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Gas Cooktop, Slide-In Oven/Range, Range Hood, Gas Water Heater, Tankless Water Heater
  • Flooring: Brick, Tile, Wood
  • Interior Amenities: Great Room, Dead Bolt(s), Freestanding Tub, Kitchen Island, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room, Outside
  • Fireplaces: 2
  • Living Area: 4252
  • Main Level Bathrooms: 3
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, Garage, Attached, Garage Faces Front, Garage Faces Side
  • Garage Description: Attached Garage, Front Load Garage, Side Load Garage

Utilities

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

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 #: 0227158
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 1012931.0345
  • TRIADMLS_DeedPage: 01969
  • TRIADMLS_DeedBook: 008447

Tax Info

  • Tax Annual Amount: 682
  • Tax Lot: 7
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.8615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 10, 2024
Sold by
Otey Construction Inc
Bought by
Revells Family Trust and Revells
Seller's Agent
Karen Otey
Otey Homes and Land
Buyer's Agent
Meredith Parsons
Tyler Redhead & McAlister Real Estate, LLC
List Price
$1,175,000
Sold Price
$1,175,000
Views
9
Current Estimated Value
$978,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$196,486
Avg. Annual Appreciation
-16.72%

Purchase Details

Closed on
Apr 29, 2021
Sold by
Rivers Edge 7 Llc
Bought by
Otey Construction Inc
Source: Public Records

Range of Values:

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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
Revells Family Trust $1,270,000 None Listed On Document
Revells Family Trust $1,270,000 None Listed On Document
Otey Construction Inc $320,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2024 10/10/24 Sold $1,175,000 0.0% $276 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $1,175,000 -- $276 / 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 $689 $952,800 $80,000 $872,800
2024 $689 $80,000 $80,000 --
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 2024

    Karen Otey

    Otey Homes and Land

    (336) 430-6552

    43 Total Sales

    Karen Otey
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    Jack Bickham

    Otey Homes and Land

    (336) 430-9981

    18 Total Sales

    Jack Bickham
    Section Image
  • Meredith Parsons

    Buyer's Agent in 2024

    Meredith Parsons

    Tyler Redhead & McAlister Real Estate, LLC

    (336) 202-7070

    109 Total Sales

    Meredith Parsons
    Section Image
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Map

Source: Triad MLS

MLS Number: 1154281

Triad MLS

APN: 0227158

North Carolina Guilford County Summerfield 27358

2512 Rivers Edge Rd, Summerfield, NC

This home is located at 2512 Rivers Edge Rd, Summerfield, NC 27358 since 03 September 2024 and is currently estimated at $978,514, approximately $230 per square foot. This property was built in 2024. 2512 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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