NOT LISTED FOR SALE

5302 Chestnut Ridge Dr Summerfield, NC 27358

Estimated Value: $361,000 - $393,000

4 Beds
2.5 Baths
2,100 Sq Ft
$178/Sq Ft Est. Value

Last Sold April 08, 2014

Last sale price $181,000 $86 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,364/month

41 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Level Lot
  • E.P. Pearce Elementary School Rated A-
  • Ceiling Fan
  • Carpet

About This Home

As of April 2014

"Don't Miss Out" Great deal in the Northwest School District(Highland Grove Subdivision). This well kept 3 bedroom/optional 4th bedroom or bonus room home has 2.5 baths and an open floor plan with cozy fireplace. The master suite has vaulted ceilings, master bath with separate double vanity, and a garden tub. The screened patio is great for relaxing and entertaining. Home comes with an Old Republic 1 year home warranty. Bring your offer today. See agent only comments.

Last Agent to Sell the Property

Antonia Clayton

ERA Live Moore License #276554 Listed on: 01/13/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1997

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 86 x 136 x 55 x 42 x 128
  • Level Lot
  • Property is zoned RS-15

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Schools

  • Kernodle Middle School
  • Northwest High School

Utilities

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

Community Details

  • Highland Grove Ph 03 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0069916
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,470

Year Built

Built in 1997

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 86 x 136 x 55 x 42 x 128
  • Subdivision Name: Highland Grove Ph 03
  • Directions: Take Fleming Rd. make Rt onto Pleasent Ridge, Rt onto Highland Grove, Rt onto Chestnut Ridge #5302
  • Above Grade Finished Sq Ft: 2100
  • Unit Levels: Two
  • Year Built: 1997
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2100
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • TRIADMLS_AdCopy: l
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry, Separate Shower
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2100
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Smoke 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: 20
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Pearce
  • High School: Northwest
  • Middle Or Junior School: Kernodle

Lot Info

  • Parcel #: 0069916
  • Zoning: RS-15
  • TRIADMLS_PlatPage: 75
  • TRIADMLS_DeedPage: 810
  • TRIADMLS_DeedBook: 6719
  • TRIADMLS_PlatBook: 125

Tax Info

  • Tax Annual Amount: 2470
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 1.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2014
Closed on
Mar 3, 2014
Sold by
Winston David L and Winston Hamidah H
Bought by
Zhang Bo and Chen Jun
Seller's Agent
Antonia Clayton
ERA Live Moore
List Price
$184,900
Sold Price
$181,000
Premium/Discount to List
-$3,900
-2.11%
Current Estimated Value
$374,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,093
Avg. Annual Appreciation
6.61%
Original Mortgage
$144,800
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2007
Sold by
Fulton William J and Fulton June M
Bought by
Winston David and Winston Hamidah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2006
Sold by
Reid William Edward and Reid Virginia B
Bought by
Fulton William J and Roberts Stephen F

Purchase Details

Closed on
Mar 10, 2000
Sold by
D R Horton Inc Greensboro
Bought by
Reid William E and Reid Virginia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,450
Interest Rate
8.38%
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
Zhang Bo $181,000 None Available
Winston David $190,000 None Available
Fulton William J $149,100 None Available
Reid William E $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Bo $120,000
Closed Zhang Bo $144,800
Previous Owner Winston David $148,946
Previous Owner Winston David $151,920
Previous Owner Reid William E $141,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2014 04/08/14 Sold $181,000 -2.1% $86 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $184,900 -- $88 / 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 $3,669 $261,500 $55,000 $206,500
2022 $3,564 $261,500 $55,000 $206,500
2021 $2,587 $185,700 $42,000 $143,700
2020 $2,587 $185,700 $42,000 $143,700
2019 $2,587 $185,700 $0 $0
2018 $2,513 $185,700 $0 $0
2017 $2,531 $185,700 $0 $0
2016 $2,438 $176,100 $0 $0
2015 $2,452 $176,100 $0 $0
2014 $2,470 $176,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 694417

Triad MLS

APN: 0069916