NOT LISTED FOR SALE

5 Summerlake Dr Thomasville, NC 27360

Estimated Value: $239,000 - $275,000

5 Beds
2 Baths
1,900 Sq Ft
$133/Sq Ft Est. Value

Last Sold October 09, 2018

Last sale price $140,000 $74 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,552/month

307 Days on Market

Highlights

  • No HOA
  • Central Air
  • Fenced
  • Porch

About This Home

As of October 2018

LOOKING FOR 5 BEDROOMS, THIS IS IT! SPACIOUS GREAT ROOM WITH FIREPLACE! COOKS KITCHEN! LOTS OF CLOSET SPACE! FENCED IN BACK YARD! RELAX ON YOUR DECK IN THE EVENINGS OR EARLY MORNINGS, LISTEN TO THE BIRDS SINGING AS THE SUN RISES! YOU CAN BE HOME FOR THE HOLIDAYS! SELLERS ARE DOWN SIZING!***SELLER IS SELLING THIS PROPERTY "AS IS, WHERE IS, NO WARRANTY, NO REPAIRS"! (.31 +/- ACRE, SUBJECT TO SURVEY)

Last Agent to Sell the Property

Dawn Hash

Solid Rock Realty & Associates License #290395 Listed on: 10/23/2017

Last Buyer's Agent

Margarita Uribe

Terri Bias and Associates License #263494

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,885

Year Built

  • Built in 1998

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Property is zoned R10

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 1,600-1,900 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Old Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16334J0000003000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,885

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Lot Size: SUBJECT TO SURVEY
  • Subdivision Name: Old Farm
  • Directions: FROM THOMASVILLE, I85 SOUTH TAKE EXIT 102 FOR LAKE RD, TURN R ONTO LAKE RD, LEFT ONTO JOHNSONTOWN RD, TURN R ON TO JOHNIA , TURN RIGHT ONTO SUMMERLAKE DRIVE LOOK FOR # 5 ON THE RIGHT! WELCOME HOME!
  • Above Grade Finished Sq Ft: 1800
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1998
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1800
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Exclusions: Storage Building Is Not Included With The Sale Of The Property!!!
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Fireplace(s), Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 16334J0000003000
  • Zoning: R10
  • TRIADMLS_PricePerAcre: 483870.9677
  • TRIADMLS_DeedPage: 1522
  • TRIADMLS_DeedBook: 1775
  • TRIADMLS_PlatBook: 26-131
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1885
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Oct 9, 2018
Sold by
Duran Carlos V and De Duran Claudia A Jaquez
Bought by
Tellez Lugo Raul and Flores Hernandez Alejandra
Seller's Agent
Dawn Hash
Solid Rock Realty & Associates
Buyer's Agent
Margarita Uribe
Terri Bias and Associates
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Current Estimated Value
$253,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,449
Avg. Annual Appreciation
8.83%
Original Mortgage
$112,000
Outstanding Balance
$100,537
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$150,404

Purchase Details

Closed on
Mar 28, 2007
Sold by
Cecil Gilbert M and Cecil Lana S
Bought by
Duran Carlos V and Duran Jorge Oneyda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,720
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2007
Sold by
Diaz Curtis J and Diaz Kim M
Bought by
Cecil Gilbert M and Cecil Lana S

Purchase Details

Closed on
Dec 1, 1998

Purchase Details

Closed on
May 1, 1998

Purchase Details

Closed on
Jan 1, 1997
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
Tellez Lugo Raul $140,000 None Available
Duran Carlos V $131,000 None Available
Cecil Gilbert M $110,000 None Available
-- $103,000 --
-- $18,000 --
-- $14,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tellez Lugo Raul $112,000
Previous Owner Duran Carlos V $104,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2018 10/09/18 Sold $140,000 -9.7% $88 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $155,000 -- $97 / 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
2024 $2,072 $155,210 $0 $0
2023 $2,072 $155,210 $0 $0
2022 $2,072 $155,210 $0 $0
2021 $2,079 $155,210 $0 $0
2020 $1,878 $142,830 $0 $0
2019 $1,914 $142,830 $0 $0
2018 $1,914 $142,830 $0 $0
2017 $1,885 $142,830 $0 $0
2016 $1,828 $142,830 $0 $0
2015 $1,828 $142,830 $0 $0
2014 $1,728 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 854539

Triad MLS

APN: 16-334-J-000-0003-0-0-0