NOT LISTED FOR SALE

5006 Myers Fork Rd Summerfield, NC 27358

Estimated Value: $362,000 - $481,000

3 Beds
2 Baths
2,700 Sq Ft
$155/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $242,000 $90 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,416/month

68 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System
  • Summerfield Elementary School Rated A-
  • Attached Carport
  • 3 Car Garage

About This Home

As of February 2020

RENOVATED RANCH IN HEART OF SUMMERFIELD! FANTASTIC SCHOOLS! Beautiful hardwoods throughout the main w/newly tiled/update/granite baths. Open floor plan w/light granite kitchen. New paint! Heated/cooled 800 sq ft basement/rec room w/more storage. Additional 880 sq ft basement with workshop, garage,and additional storage.
Architectural roof, insulated vinyl windows, huge deck with built-in seating.Plenty of parking with two driveways as well as over sized carport.Close to parks and lakes. LOW COUNTY TAXES!

Last Agent to Sell the Property

Rebecca Brooks Taylor

Wilkinson Triad Realty License #257869 Listed on: 11/08/2019

Last Buyer's Agent

Rebecca Brooks Taylor

Wilkinson Triad Realty License #257869 Listed on: 11/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,632

Year Built

  • Built in 1968

Lot Details

  • 1 Acre Lot
  • Property is zoned RS-30

Parking

  • 3 Car Garage
  • Attached Carport
  • Basement Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,480 Sq Ft Home
  • 2,200-2,700 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Elmhurst Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0147083
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,632

Year Built

Built in 1968

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Subdivision Name: Elmhurst Estates
  • Directions: 1-73 North to Summerfield exit left (HIGHWAY 150, Oak Ridge Rd) Right on Summerfield Rd, past school them left onto Myers Fork Rd. or....North on 220 from Greensboro, left on 150, left on Summerfield Rd. past Summerfield Elementry, left on Myers Fork.
  • Above Grade Finished Sq Ft: 2480
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1968
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 700 - 900
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Dead Bolt(s)
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 800
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 2480
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Exclusions: Chandelier In Living Room
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Carport, Driveway, Garage, Paved, Attached Carport, Basement
  • Garage Description: Attached Carport, Basement Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0147083
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 249900
  • TRIADMLS_PlatPage: 65
  • TRIADMLS_DeedPage: 112
  • TRIADMLS_DeedBook: 8161
  • TRIADMLS_PlatBook: 41
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1632
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2020
Sold by
Sippel Leonard C
Bought by
Sippel Leonard C and Tate Erica Denise
Current Estimated Value
$419,776

Purchase Details

Listed on
Nov 8, 2019
Closed on
Feb 14, 2020
Sold by
Allen Dana Y and Allen Peter A
Bought by
Sippel Leonard C
Seller's Agent
Rebecca Brooks Taylor
Wilkinson Triad Realty
Buyer's Agent
Rebecca Brooks Taylor
Wilkinson Triad Realty
Sold Price
$242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$172,000
Outstanding Balance
$155,099
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$264,677

Purchase Details

Closed on
Jun 5, 2019
Sold by
Allen Pete and Allen Dana Y
Bought by
Allen Dana Y

Purchase Details

Closed on
Dec 28, 2018
Sold by
Rathke Paulette Sue and Johnson Cara Y
Bought by
Allen Dana L and Allen Pete

Purchase Details

Listed on
May 9, 2014
Closed on
Jan 23, 2015
Sold by
Altizer Glenna M
Bought by
Montgomery Judith York
Seller's Agent
Vee Nielsen
TRIAD HOMES REALTY, INC.
Buyer's Agent
Leslie Stainback
Tyler Redhead & McAlister Real Estate, LLC
List Price
$229,000
Sold Price
$189,000
Premium/Discount to List
-$40,000
-17.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$179,550
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1997
Bought by
Altizer Joseph Wayne
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
Sippel Leonard C -- None Available
Sippel Leonard C $242,000 None Available
Allen Dana Y -- None Available
Allen Dana L -- None Available
Montgomery Judith York $189,000 None Available
Altizer Joseph Wayne $119,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sippel Leonard C $172,000
Previous Owner Montgomery Judith York $179,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2020 02/14/20 Sold $242,000 +28.0% $110 / Sq Ft
01/23/2015 01/23/15 Sold $189,000 -17.5% $76 / Sq Ft View Prior Sale
11/24/2014 11/24/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $229,000 -- $92 / 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 $2,186 $245,900 $60,000 $185,900
2024 $2,186 $245,900 $60,000 $185,900
2023 $2,186 $245,900 $60,000 $185,900
2022 $2,186 $245,900 $60,000 $185,900
2021 $1,998 $224,800 $43,000 $181,800
2020 $1,632 $216,200 $43,000 $173,200
2019 $1,632 $183,600 $0 $0
2018 $1,624 $183,600 $0 $0
2017 $1,647 $186,200 $0 $0
2016 $1,677 $183,600 $0 $0
2015 $1,686 $151,600 $0 $0
2014 $1,408 $151,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 956487

Triad MLS

APN: 0147083