NOT LISTED FOR SALE

507 Farmbrook Rd Mount Airy, NC 27030

Estimated Value: $390,777 - $441,000

3 Beds
2.5 Baths
2,900 Sq Ft
$144/Sq Ft Est. Value

Last Sold January 17, 2019

Last sale price $222,000 $77 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,476/month

36 Days on Market

Highlights

  • No HOA
  • Porch
  • Central Air
  • Mount Airy High School Rated A-
  • 2 Car Attached Garage

About This Home

As of January 2019

This beautiful 3 bedroom, 2.5 bath home is located in the established neighborhood of Fairfield Forest. It boasts 3 bedrooms, 2.5 baths, a 2 car garage, and a large sunroom. In addition, it has a full drive in basement that is partially finished. It has easy access to 52 and 3 lots totaling over 2 acres so plenty of room to enjoy the outside! Come make this your forever home!

Last Agent to Sell the Property

Samuel Holder

Rogers Realty & Auction Co., Inc. License #291255 Listed on: 11/20/2018

Last Buyer's Agent

Deidre Rogers

Rogers Realty & Auction Co., Inc. License #163194

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,530

Year Built

  • Built in 1990

Lot Details

  • 2.05 Acre Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,716 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dryer Hookup
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Fairfield Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 593909157484
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,530

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.05
  • Subdivision Name: Fairfield Forest
  • Directions: From Mount Airy take 52 south and turn right into Fairfield Forest. Then turn left on to Farmbrook Rd. and left again on Farmbrook Rd. at the top of the hill! The house is down the hill and around the curve on your right.
  • Above Grade Finished Sq Ft: 2716
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1990
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 300 - 500
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Built-in Features, Pantry
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 433
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2716
  • Main Level Bathrooms: 2
  • TRIADMLS_HalfBathsLower: 1
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Attached
  • Garage Description: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 593909157484
  • Zoning: R20
  • TRIADMLS_PricePerAcre: 115853.6585
  • TRIADMLS_DeedPage: 636
  • TRIADMLS_DeedBook: 770
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 1530
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.767

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2018
Closed on
Jan 17, 2019
Sold by
Ray-Gordon Rixie and Simmons-Welch Jearline
Bought by
Palmer Gary K and Dall-Palmer Jill
Seller's Agent
Samuel Holder
Rogers Realty & Auction Co., Inc.
Buyer's Agent
Deidre Rogers
Rogers Realty & Auction Co., Inc.
List Price
$237,500
Sold Price
$222,000
Premium/Discount to List
-$15,500
-6.53%
Current Estimated Value
$427,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,113
Avg. Annual Appreciation
10.54%

Purchase Details

Closed on
Mar 1, 1992

Purchase Details

Closed on
Apr 1, 1989
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
Palmer Gary K $222,000 --
-- $104,500 --
-- $4,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gordon Rixie R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2019 01/17/19 Sold $222,000 -6.5% $93 / Sq Ft
12/27/2018 12/27/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $237,500 -- $99 / 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 $1,661 $222,160 $18,450 $203,710
2023 $1,636 $222,160 $18,450 $203,710
2022 $1,636 $222,160 $18,450 $203,710
2021 $1,661 $222,160 $18,450 $203,710
2020 $1,663 $210,110 $18,450 $191,660
2019 $1,551 $210,110 $18,450 $191,660
2018 $1,547 $199,290 $0 $0
2017 $1,548 $199,290 $0 $0
2016 $1,528 $199,290 $0 $0
2013 -- $179,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 910840

Triad MLS

APN: 5939-09-15-7484