NOT LISTED FOR SALE

4431 Us Highway 220 N Summerfield, NC 27358

Estimated Value: $1,449,727

-- Bed
-- Bath
-- Sq Ft
5.9 Acres

Last Sold November 21, 2018

Last sale price $475,000

Est. 205% increase in value since last sale

Current estimated payment $8,218/month

578 Days on Market

About This Home

As of November 2018

Hard to find commercial opportunity in Summerfield. Part of Unified Development with Bank and Medical Practice. Includes the Summerfield Motel. Great location for Professional Office Buildings. Exposure on both Summerfield Road and 220. Possible further subdivision or ground lease. Additional acquisition may be possible with .75 acre at the point. Subject to septic testing, possible three building site. Watershed!

Last Agent to Sell the Property

Nancy Hess

Berkshire Hathaway HomeServices Yost & Little Realty License #145797 Listed on: 03/08/2017

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Kelly O'Day

Head Realty Group, eXp Realty License #284652

Head Realty Group, eXp Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,299

Year Built

  • 1962

Lot Details

  • 5.9 Acre Lot
  • Tiered Watershed
  • Cleared Lot
  • Property is zoned HB

Utilities

  • Private Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3336 / 77
  • Assessor Parcel Number 0146073

Property Details

Property Type

Other

Est. Annual Taxes

$6,299

Year Built

1962

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Commercial
  • Lot Size Acres: 5.9
  • Directions: From Battleground Ave./220 travel north over the lakes to the "point" as you enter Summerfield. Entrance is either on Summerfield Road or between the Bank of Oak Ridge and the Summerfield Family Practice.
  • Special Features: None
  • Year Built (Public Record): 1962

Exterior Features

  • Lot Features: Cleared, See Remarks, Tier(ed) Watershed

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Gas Company: Available: Nearby

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0146073
  • Zoning: HB
  • TRIADMLS_PricePerAcre: 80508.4746
  • TRIADMLS_LandType: Office
  • TRIADMLS_DeedPage: 0222-0223
  • TRIADMLS_DeedBook: 3047
  • TRIADMLS_AcresRange: 5 - 6

Tax Info

  • Tax Block: 77
  • Tax Lot: 3336
  • Tax Map Number: 7838

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Carraz Holdings Llc
Bought by
204 E 58Th Llc and Dash Development Llc
Total Days on Market
578
Current Estimated Value
$1,449,727

Purchase Details

Closed on
Apr 14, 2025
Sold by
Mbmmp-Summerfield Llc
Bought by
Carraz Holdings Llc and Davidson Mba Llc

Purchase Details

Closed on
Aug 9, 2022
Sold by
Summerfield Medical Properties Llc
Bought by
Mbmmp Summerfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2008
Sold by
Kaplan Properties Llc
Bought by
Summerfield Medical Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.96%
Mortgage Type
Commercial
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
204 E 58Th Llc $2,362,000 None Listed On Document
Carraz Holdings Llc -- None Listed On Document
Carraz Holdings Llc -- None Listed On Document
Mbmmp Summerfield Llc $1,400,000 Donato Anthony P
Summerfield Medical Properties Llc $1,300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mbmmp Summerfield Llc $1,120,000
Previous Owner Summerfield Medical Properties Llc $250,000
Previous Owner Summerfield Medical Properties Llc $1,300,000
Previous Owner Kaplan Properties Llc $50,000
Previous Owner Kaplan Properties Llc $100,000
Previous Owner Kaplan Properties Llc $592,679
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2018 11/21/18 Sold $475,000 -19.1% --
10/08/2018 10/08/18 Pending -- -- --
03/08/2017 03/08/17 For Sale $587,000 -- --
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
2024 $6,299 $708,600 $258,700 $449,900
2023 $6,299 $708,600 $258,700 $449,900
2022 $6,299 $708,600 $258,700 $449,900
2021 $5,949 $669,200 $235,200 $434,000
2020 $5,949 $669,200 $235,200 $434,000
2019 $5,949 $669,200 $0 $0
2018 $5,919 $669,200 $0 $0
2017 $0 $669,200 $0 $0
2016 $5,744 $628,800 $0 $0
2015 $5,776 $628,800 $0 $0
2014 $5,838 $628,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nancy Hess

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 272-0151

    115 Total Sales

    Nancy Hess
    Section Image

  • K

    Buyer's Agent in 2018

    Kelly O'Day

    Head Realty Group, eXp Realty

    (336) 283-8687

    7 Total Sales

    Kelly O'Day
    Section Image
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Map

Source: Triad MLS

MLS Number: 825613

Triad MLS

APN: 0146025

North Carolina Guilford County Summerfield 27358

4431 Us Highway 220 N, Summerfield, NC

This home is located at 4431 Us Highway 220 N, Summerfield, NC 27358 since 08 March 2017 and is currently estimated at $1,449,727. This property was built in 1962. 4431 Us Highway 220 N is a home located in Guilford County with nearby schools including Summerfield Elementary School, Northern Guilford Middle School, and Northern Guilford High School.

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