NOT LISTED FOR SALE

5311 Summit Ave Greensboro, NC 27405

Estimated Value: $201,000 - $251,000

3 Beds
2.5 Baths
1,500 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 21, 2015

Last sale price $102,000 $68 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,330/month

8 Days on Market

Highlights

  • A-Frame Home
  • Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • Patio
  • Wood Siding

About This Home

As of July 2015

Beautiful ranch home with open country setting. Large home with lots of space. Home has been maintained and has lots of upgraded. Enjoy your evenings on large back porch or rocking chair front porch. This home you will have to see to believe.

Last Buyer's Agent

Gloria Mitchell

Wilkinson Triad Realty License #170949

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $816

Year Built

  • Built in 1932

Lot Details

  • 0.8 Acre Lot

Parking

  • No Garage

Home Design

  • A-Frame Home
  • Wood Siding

Interior Spaces

  • 1,418 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0125528
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$816

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Subdivision Name: None
  • Directions: Highway 29 to Summit Avenue home is on the right
  • Above Grade Finished Sq Ft: 1418
  • Architectural Style: A-Frame
  • Unit Levels: One
  • Year Built: 1932
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Electric
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1418
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Patio, Porch
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0125528
  • Zoning: Residential
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 816
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2022
Sold by
Gw Property Solutions Llc
Bought by
Tellez-Mendoza Victor Manuel and Dominguez Lesly A
Current Estimated Value
$230,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Outstanding Balance
$131,574
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$97,171

Purchase Details

Closed on
Jul 18, 2022
Sold by
Sugawara and Christina
Bought by
Gw Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.23%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jul 13, 2015
Sold by
Mcredmond Marguerite A and Mcredmond Thomas
Bought by
Sugawara Yosei and Peterson Christina
Buyer's Agent
Gloria Mitchell
Wilkinson Triad Realty
List Price
$82,900
Sold Price
$102,000
Premium/Discount to List
$19,100
23.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$96,900
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2008
Sold by
Mcredmond Justin and Mcredmond Courtney
Bought by
Mcredmond Marguerite A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,515
Interest Rate
5.46%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2000
Sold by
Averett Loray B
Bought by
Mcredmond Marguerite A and Mcredmond Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,562
Interest Rate
8.54%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tellez-Mendoza Victor Manuel $172,000 --
Gw Property Solutions Llc $125,000 Lucas Kenneth S
Sugawara Yosei $102,000 Attorney
Mcredmond Marguerite A -- None Available
Mcredmond Marguerite A $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tellez-Mendoza Victor Manuel $137,600
Previous Owner Gw Property Solutions Llc $130,000
Previous Owner Sugawara Yosei $96,900
Previous Owner Mcredmond Marguerite A $102,515
Previous Owner Mcredmond Marguerite A $81,562
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2015 07/21/15 Sold $102,000 +23.0% $85 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $82,900 -- $69 / 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
2025 $1,484 $166,700 $35,000 $131,700
2024 $1,484 $166,700 $35,000 $131,700
2023 $1,484 $166,700 $35,000 $131,700
2022 $957 $111,800 $35,000 $76,800
2021 $845 $98,700 $25,000 $73,700
2020 $845 $98,700 $25,000 $73,700
2019 $845 $98,700 $0 $0
2018 $840 $98,700 $0 $0
2017 $840 $98,700 $0 $0
2016 $803 $90,700 $0 $0
2015 $807 $90,700 $0 $0
2014 -- $90,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 760078

Triad MLS

APN: 0125528