NOT LISTED FOR SALE

516 Cummings St Gibsonville, NC 27249

Estimated Value: $244,000 - $288,000

4 Beds
2 Baths
2,100 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $148,000 $70 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,527/month

121 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Corner Lot
  • Porch
  • Farmhouse Style Home
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

1900's Farmhouse that has been updated for your family. Come sit down and enjoy your cup of coffee on the 2 screen porches This property has a newer roof, new HVAC and has vinyl siding, it has new carpet and freshly painted. Includes separate adjoining lot that could be built on. Also includes Parcel 102254

Last Agent to Sell the Property

Mark Mann

RE/MAX Realty Consultants License #201593 Listed on: 01/31/2020

Last Buyer's Agent

Anthony Jones

Keller Williams Central License #206900

Keller Williams Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $802

Year Built

  • Built in 1909

Lot Details

  • 0.59 Acre Lot
  • Corner Lot
  • Property is zoned RS-15

Parking

  • Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 1,962 Sq Ft Home
  • 1,700-2,100 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Porch

Schools

  • Eastern Guilford Middle School
  • Eastern Guilford High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0102262

Home Details

Home Type

Single Family

Est. Annual Taxes

$802

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.59
  • Lot Size: 0
  • Subdivision Name: None
  • Directions: Church St to Springwood Ave to Right on Cedar house is on corner of Cedar and Cummings
  • Above Grade Finished Sq Ft: 1962
  • Architectural Style: Farm House
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1909
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1700 - 2100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1962
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Gibsonville
  • High School: Eastern Guilford
  • Middle Or Junior School: Eastern Guilford

Lot Info

  • Parcel #: 0102262
  • Zoning: RS-15
  • TRIADMLS_PricePerAcre: 250847.4576
  • TRIADMLS_PlatPage: 56
  • TRIADMLS_DeedPage: 56
  • TRIADMLS_DeedBook: 6050
  • TRIADMLS_PlatBook: 156
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 802.47
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Jul 20, 2020
Sold by
Langhorne Richard K and Langhorne Nanette S
Bought by
Scott Dwight
Seller's Agent
Mark Mann
RE/MAX Realty Consultants
Buyer's Agent
Anthony Jones
Keller Williams Central
Sold Price
$148,000
Current Estimated Value
$251,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,452
Avg. Annual Appreciation
10.87%
Original Mortgage
$118,000
Outstanding Balance
$106,023
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$143,215

Purchase Details

Closed on
Mar 3, 2004
Sold by
Deutsche Bank National Trust Co
Bought by
Langhorne Richard K and Langhorne Nanette S

Purchase Details

Closed on
Dec 9, 2003
Sold by
Whitfield Jean C and Wilson Ralph R
Bought by
Deutsche Bank National Trust Co and Bankers Trust Co Of California Na

Purchase Details

Closed on
Jul 20, 1998
Sold by
Whitfield Anita J
Bought by
Whitfield Jean C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
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
Scott Dwight $148,000 None Available
Langhorne Richard K $45,500 --
Deutsche Bank National Trust Co $48,450 --
Whitfield Jean C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Dwight $118,000
Previous Owner Langhorne Richard K $95,000
Previous Owner Whitfield Jean C $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $148,000 -- $87 / 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
2023 $1,804 $147,800 $43,800 $104,000
2022 $1,863 $147,800 $43,800 $104,000
2021 $1,124 $89,200 $17,500 $71,700
2020 $1,080 $85,700 $14,000 $71,700
2019 $1,080 $85,700 $0 $0
2018 $623 $85,700 $0 $0
2017 $626 $85,700 $0 $0
2016 $606 $80,300 $0 $0
2015 $610 $80,300 $0 $0
2014 $618 $80,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 965087

Triad MLS

APN: 0102262