NOT LISTED FOR SALE

5403 Brookstead Dr Summerfield, NC 27358

Estimated Value: $523,651 - $636,000

5 Beds
3.5 Baths
3,200 Sq Ft
$182/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $585,000 $183 Per Sq Ft

Current estimated payment $3,590/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Porch
  • E.P. Pearce Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of June 2024

Serene retreat with a touch of modern elegance. This spacious 5-bedroom, 3.5-bathroom abode offers relaxed living at its finest. Unwind in the open-ceiling living area or retreat to the master suite on the main floor. With plenty of upgrades, including an extended living room and ample closet space, comfort is key. The gourmet kitchen, featuring granite countertops and stainless steel appliances. Don't wait—book your appointment now and experience the tranquil charm of Highland Grove Gem.

Last Agent to Sell the Property

Sohaib Rehman

Iron Hand Realty License #324673 Listed on: 04/25/2024

Last Buyer's Agent

Sohaib Rehman

Iron Hand Realty License #324673 Listed on: 04/25/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,215

Year Built

  • Built in 2020

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned r3

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 2,983 Sq Ft Home
  • 2,600-3,200 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Kernodle Middle School
  • Northwest High School

Utilities

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

Additional Features

  • Porch
  • City Lot

Community Details

  • Highland Grove South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0145664
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,215

Year Built

Built in 2020

Lot Details

9,148 Sq Ft Lot

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Subdivision Name: Highland Grove South
  • Directions: from pleasant ridge, right on highland grove dr and left of Brookstead drive.
  • Above Grade Finished Sq Ft: 2983
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2020
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2600 - 3200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Range Hood, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2983
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Lot Features: City Lot
  • 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, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), 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: 120
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0145664
  • Zoning: r3
  • TRIADMLS_PlatBook: 191-25
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 5214.95
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jun 18, 2024
Sold by
Pusuluri Ashok and Boga Swethasree
Bought by
Kolati Ravi Babu and Devarapalli Syamala
Seller's Agent
Sohaib Rehman
Iron Hand Realty
Buyer's Agent
Sohaib Rehman
Iron Hand Realty
List Price
$599,900
Sold Price
$585,000
Premium/Discount to List
-$14,900
-2.48%
Views
54
Current Estimated Value
$582,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,087
Avg. Annual Appreciation
-0.20%
Original Mortgage
$468,000
Outstanding Balance
$462,253
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$120,660

Purchase Details

Closed on
May 27, 2020
Sold by
Royal Homes Of North Corolina Llc
Bought by
Pusuluri Ashok and Boga Swethasree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,752
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2018
Sold by
Highland Grove South Llc
Bought by
Royal Homes Of North Carolina Llc

Purchase Details

Closed on
Jun 15, 2016
Sold by
Torney Dennis L and Torney Catherine R
Bought by
Siegal Barry S and Siegal Claudia F

Purchase Details

Closed on
May 5, 2009
Sold by
Huff Mamie Maurine and Huff Thomas D
Bought by
Torney Dennis L and Torney Catherine R

Purchase Details

Closed on
Jan 27, 1997
Bought by
Torney Dennis L
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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Purchase History

Date Buyer Sale Price Title Company
Kolati Ravi Babu $585,000 None Listed On Document
Pusuluri Ashok $373,000 None Available
Royal Homes Of North Carolina Llc $165,000 None Available
Siegal Barry S $2,800,000 None Available
Torney Dennis L $40,000 None Available
Torney Dennis L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolati Ravi Babu $468,000
Previous Owner Pusuluri Ashok $316,752
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2024 06/18/24 Sold $585,000 -2.5% $225 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $599,900 -- $231 / Sq Ft
Source: Triad MLS

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 $5,215 $347,100 $77,000 $270,100
2024 $5,215 $371,700 $77,000 $294,700
2023 $5,215 $371,700 $77,000 $294,700
2022 $5,066 $371,700 $77,000 $294,700
2021 $4,775 $342,800 $60,000 $282,800
2020 $836 $335,600 $60,000 $275,600
2019 $1,311 $94,100 $0 $0
2018 $3,166 $94,100 $0 $0
2017 $5,422 $397,800 $0 $0
2016 -- $401,800 $0 $0
2015 $186 $20,887 $0 $0
2014 $188 $20,887 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1140436

Triad MLS

APN: 0145664

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