NOT LISTED FOR SALE

5305 Timber Pegg Dr Summerfield, NC 27358

Summerfield Area

Estimated Value: $470,388 - $568,000

4 Beds
2.5 Baths
2,600 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: February 29, 2016

Last sale price $243,000 $93 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,955 / mo

32 Days on Market

Highlights

  • Transitional Architecture
  • Attic
  • Solid Surface Countertops
  • Oak Ridge Elementary School Rated A-
  • Great Room with Fireplace
  • No HOA

About This Home

As of February 2016

DO NOT let this opportunity slip through your hands. Beautiful home in the coveted Southern Oaks subdivision in Summerfield. Magnolia trees and long leaf pines surround this nearly one acre lot, partially fenced and ready for you to enjoy. Sit in the breakfast area and watch deer stroll by. Walk through double doors from great room or breakfast room on fully covered deck with ceiling lighting for entertaining day or night. Relax in front of the fireplace on upcoming winter nights. Priced for quick sell!

Last Buyer's Agent

Karen Gallop

360 Realty License #275283

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,161

Year Built

  • Built in 1993

Lot Details

  • 40,075 Sq Ft Lot
  • Partially Fenced Property
  • Garden
  • Property is zoned RS-40

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,414 Sq Ft Home
  • 2,100-2,600 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • Crawl Space
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Southern Oaks Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 0149592
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,161

Year Built

Built in 1993

Lot Details

0.92 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Subdivision Name: Southern Oaks
  • Directions: Highway 68 north to right on Edgefield Rd. Left on Alcorn Rd. Right onto NW School Rd. Right onto Bunch Rd. Right onto Great Oaks Dr, Left onto Timber Pegg Dr.
  • Above Grade Finished Sq Ft: 2414
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Year Built: 1993
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2100 - 2600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Great Room, Ceiling Fan(s), Soaking Tub, Pantry, Separate Shower, Solid Surface Counter
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 2414
  • Main Level Bathrooms: 1
  • Attic Description: Partially Floored
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced, Partial
  • Construction Type: Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0149592
  • Zoning: RS-40
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2161
  • Tax Lot: 22
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.872

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Bought by
Current Estimated Value
$499,847

Purchase Details

Closed on
Nov 15, 2021
Sold by
Bought by

Purchase Details

Listed on
Oct 19, 2015
Closed on
Feb 29, 2016
Sold by
Bought by
Buyer's Agent
Karen Gallop
360 Realty
List Price
$260,000
Sold Price
$243,000
Premium/Discount to List
-$17,000
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$238,598
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
$243,000 None Available
$237,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $238,598
Previous Owner $193,500
Previous Owner $32,500
Previous Owner $207,500
Previous Owner $106,000
Previous Owner $34,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $243,000 -6.5% $116 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $260,000 -- $124 / Sq Ft
Source: Triad MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,559 $287,900 $100,000 $187,900
2024 $2,559 $287,900 $100,000 $187,900
2023 $2,559 $287,900 $100,000 $187,900
2022 $2,559 $287,900 $100,000 $187,900
2021 $2,156 $242,500 $62,000 $180,500
2020 $2,156 $242,500 $62,000 $180,500
2019 $2,156 $242,500 $0 $0
2018 $2,145 $242,500 $0 $0
2017 $2,156 $242,500 $0 $0
2016 $2,126 $232,700 $0 $0
2015 $2,137 $232,700 $0 $0
2014 $2,161 $232,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 775165

Triad MLS

APN: 0149592

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