NOT LISTED FOR SALE

5211 Torney Ct Summerfield, NC 27358

Estimated Value: $507,821 - $584,000

5 Beds
3 Baths
3,500 Sq Ft
$157/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $540,000 $154 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,498/month

98 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • E.P. Pearce Elementary School Rated A-
  • Porch
  • Kitchen Island

About This Home

As of July 2024

Discover the comfort in this 5-bed, 3-bath home in Summerfield, NC, built by Royal Homes with the Claremont floor plan. Featuring a main-floor bedroom and full bath for relaxation, an open living room and kitchen with a stylish island, and a flat backyard for outdoor enjoyment. Experience Southern living at its finest in this thoughtfully designed and charming residence.

Last Agent to Sell the Property

Sohaib Rehman

Iron Hand Realty License #324673 Listed on: 02/28/2024

Last Buyer's Agent

Nancy Radtke

Allen Tate - Greensboro License #196595

Allen Tate - Greensboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,869

Year Built

  • Built in 2018

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3,261 Sq Ft Home
  • 2,900-3,500 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Highland Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0226419
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,869

Year Built

Built in 2018

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: Highland Grove
  • Directions: Follow Google Maps
  • Above Grade Finished Sq Ft: 3261
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2018
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2900 - 3500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_LandDescription: Flat
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Dead Bolt(s), Kitchen Island
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 3261
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: City Lot, Level
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 40
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 0226419
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 3176470.5882
  • TRIADMLS_DeedPage: 03080
  • TRIADMLS_DeedBook: 008515
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 4869
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Jul 8, 2024
Sold by
Mylapalli and Madhavi
Bought by
Thoppul Srinivasa Deshikan Kri and Thoppul Srinivasa Shilpa
Seller's Agent
Sohaib Rehman
Iron Hand Realty
Buyer's Agent
Nancy Radtke
Allen Tate - Greensboro
List Price
$540,000
Sold Price
$540,000
Views
248
Current Estimated Value
$557,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,953
Avg. Annual Appreciation
3.44%
Original Mortgage
$513,000
Outstanding Balance
$509,148
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$51,349

Purchase Details

Closed on
Sep 20, 2021
Sold by
Mylapalli Saidaiah and Mylapalli Madhavi
Bought by
Mylapalli Saidaiah and Mylapalli Madhavi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
2.12%

Purchase Details

Closed on
Jun 29, 2018
Sold by
Royal Homes Of North Carolina Llc
Bought by
Mylapalli Saidaiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,600
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Thoppul Srinivasa Deshikan Kri $540,000 None Listed On Document
Mylapalli Saidaiah -- None Available
Mylapalli Saidaiah $316,500 Nationwide Title Learing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thoppul Srinivasa Deshikan Kri $513,000
Previous Owner Mylapalli Saidaiah $287,000
Previous Owner Mylapalli Saidaiah $290,500
Previous Owner Mylapalli Saidaiah $293,000
Previous Owner Mylapalli Saidaiah $300,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $540,000 0.0% $186 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $540,000 0.0% $186 / Sq Ft
06/03/2024 06/03/24 Off Market $540,000 -- --
03/17/2024 03/17/24 Price Changed $540,000 -2.7% $186 / Sq Ft
03/07/2024 03/07/24 Price Changed $555,000 -1.8% $191 / Sq Ft
02/28/2024 02/28/24 For Sale $565,000 -- $195 / 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 $5,012 $357,200 $77,000 $280,200
2022 $4,869 $357,200 $77,000 $280,200
2021 $4,675 $335,600 $60,000 $275,600
2020 $4,675 $335,600 $60,000 $275,600
2019 $4,675 $335,600 $0 $0
2018 $0 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1134448

Triad MLS

APN: 0226419