NOT LISTED FOR SALE

5221 Paula Way Summerfield, NC 27358

Estimated Value: $619,124 - $727,000

4 Beds
3.5 Baths
3,700 Sq Ft
$188/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $525,000 $142 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,161/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Porch
  • Oak Ridge Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of August 2021

Enjoy a welcoming front porch, an open floor plan and plenty of space for work and fun. Updated kitchen includes a custom center island w/slide out utensil bins, quartz counters, SS appliances. After working from home office, make memories in the game room with custom built in booth, roast marshmallows in the secluded fire pit area and sleep easy in your spacious primary bedroom. All brick with side load garage. Low county taxes, no HOA and NW schools. (New upstairs heat/air and roof in 2016.)

Last Agent to Sell the Property

Steve Toop

United Brokers Ltd. License #130828 Listed on: 07/01/2021

Last Buyer's Agent

Tia Crouch

Allen Tate - Greensboro License #206279

Allen Tate - Greensboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,515

Year Built

  • Built in 1998

Lot Details

  • 1.08 Acre Lot
  • Cleared Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,462 Sq Ft Home
  • 3,100-3,700 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • Kitchen Island
  • Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Outdoor Features

  • Porch

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

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

Community Details

  • No Home Owners Association
  • Trotter Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0149302
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,515

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.08
  • Lot Size: irregular
  • Subdivision Name: Trotter Ridge
  • Directions: Turn onto Trotter Ridge Rd from Bunch Rd. First right onto Paula Way Second driveway on left
  • Above Grade Finished Sq Ft: 3462
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1998
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3100 - 3700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Interior Attic Fan, Kitchen Island, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Blower Fan, Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 3462
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Partially Cleared
  • Pool Features: None
  • Exclusions: Washer/Dryer, Garage Freezer, Chin- Up Bar In Garage, Free Standing Garage Shelving
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Attic Fan, Central Air
  • Heating: Dual Fuel System, Fireplace(s), Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Oak Ridge
  • High School: Northwest
  • Middle Or Junior School: Northwest

Lot Info

  • Parcel #: 0149302
  • Zoning: r
  • TRIADMLS_PricePerAcre: 453611.1111
  • TRIADMLS_DeedPage: 2982
  • TRIADMLS_DeedBook: 6175
  • TRIADMLS_PlatBook: 130-5
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 3515
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.7305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 11, 2021
Sold by
Wilbourne Edward and Wilbourne Sharon
Bought by
Martin Jeremy R and Martin Jamie W
Seller's Agent
Steve Toop
United Brokers Ltd.
Buyer's Agent
Tia Crouch
Allen Tate - Greensboro
Sold Price
$525,000
Current Estimated Value
$695,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,281
Avg. Annual Appreciation
7.20%
Original Mortgage
$482,600
Outstanding Balance
$439,779
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$255,502

Purchase Details

Closed on
Mar 26, 1999
Sold by
Turner Homes Inc
Bought by
Hartman Robert E and Hartman Patti L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martin Jeremy R $525,000 None Available
Hartman Robert E $288,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Jeremy R $482,600
Previous Owner Wilbourne Edward $30,000
Previous Owner Wilbourne Edward $265,000
Previous Owner Wilbourne Edward $280,400
Previous Owner Wilbourne Edward $75,000
Previous Owner Wilbourne Edward $295,200
Previous Owner Wilbourne Edward $295,200
Previous Owner Hartman Patti $192,000
Previous Owner Hartman Robert E $100,000
Previous Owner Hartman Robert E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $525,000 -- $169 / 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 $4,473 $503,200 $100,000 $403,200
2023 $4,473 $503,200 $100,000 $403,200
2022 $4,473 $503,200 $100,000 $403,200
2021 $3,515 $395,400 $62,000 $333,400
2020 $3,515 $395,400 $62,000 $333,400
2019 $3,515 $395,400 $0 $0
2018 $3,498 $395,400 $0 $0
2017 $3,515 $395,400 $0 $0
2016 $3,429 $375,400 $0 $0
2015 $3,448 $375,400 $0 $0
2014 $3,486 $375,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Toop

    Seller's Agent in 2021

    Steve Toop

    United Brokers Ltd.

    (910) 791-2829

    579 Total Sales

    Steve Toop
    Section Image

  • T

    Buyer's Agent in 2021

    Tia Crouch

    Allen Tate - Greensboro

    (336) 210-7822

    109 Total Sales

    Tia Crouch
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1031695

Triad MLS

APN: 0149302

North Carolina Guilford County Summerfield 27358

5221 Paula Way, Summerfield, NC

This home is located at 5221 Paula Way, Summerfield, NC 27358 since 01 July 2021 and is currently estimated at $695,281, approximately $187 per square foot. This property was built in 1998. 5221 Paula Way is a home located in Guilford County with nearby schools including Oak Ridge Elementary School, Northwest Guilford Middle School, and Northwest Guilford High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

Nearby Homes