NOT LISTED FOR SALE

5403 Chestnut Ridge Dr Summerfield, NC 27358

Estimated Value: $336,029 - $371,000

3 Beds
2 Baths
1,700 Sq Ft
$205/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $195,000 $115 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,205/month

5 Days on Market

Highlights

  • Partially Wooded Lot
  • Wood Flooring
  • Porch
  • E.P. Pearce Elementary School Rated A-
  • Attic
  • 2 Car Attached Garage

About This Home

As of September 2018

Desirable Highland Grove with privacy as it backs up to 10 acres! Fresh paint through out & new carpet! Large vaulted Great Room with windowed back & transoms across the top! Fireplace with gas logs! Spacious eat-in Kitchen w/freshly painted cabinets! Big Master Bedroom has trey ceiling, bay window & walk-in closet! MBR Bath with garden tub, separate shower & double sink vanity! Ceiling fans! Fenced backyard! Roof is 4 yrs old! Home Warranty!

Last Agent to Sell the Property

Beth Brannan Brannan

Berkshire Hathaway HomeServices Yost & Little Realty License #96143 Listed on: 08/10/2018

Berkshire Hathaway HomeServices Yost & Little Realty

Co-Listed By

Nicole Rabe

Berkshire Hathaway HomeServices Yost & Little Realty License #227115

Last Buyer's Agent

Sheryl Beauregard

Sheryl B Homes & Co License #278342

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,352

Year Built

  • Built in 1997

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned RS-15

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,591 Sq Ft Home
  • 1,400-1,700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • Storm Doors
  • Dryer Hookup
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Porch

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 Subdivision

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 0078321
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,352

Year Built

Built in 1997

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Co List Office Mls Id: GYLR01
  • Co List Office Phone: 336-272-0151
  • Subdivision Name: Highland Grove
  • Directions: Pleasant Ridge Road to Highland Grove, Right on Chestnut Ridge, home on right.
  • Above Grade Finished Sq Ft: 1591
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1997
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Pantry, Separate Shower, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 1591
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Level, Partially Wooded
  • Pool Features: None
  • Exclusions: Spectrum Alarm Control Unit And Camera. Adt System Remains.
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Windows, Storm Doors

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 #: 0078321
  • Zoning: RS-15
  • TRIADMLS_PricePerAcre: 696428.5714
  • TRIADMLS_PlatPage: 15
  • TRIADMLS_DeedPage: 712
  • TRIADMLS_DeedBook: 5343
  • TRIADMLS_PlatBook: 125
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2352
  • Tax Lot: 114
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 17, 2018
Sold by
Atwell Theodore K and Atwell Heather E
Bought by
Lowe Rodney A and Lowe Denise M
Seller's Agent
Beth Brannan Brannan
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Sheryl Beauregard
Sheryl B Homes & Co
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$349,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,257
Avg. Annual Appreciation
8.53%
Original Mortgage
$136,500
Outstanding Balance
$120,249
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$223,111

Purchase Details

Closed on
Oct 24, 2001
Sold by
Reinhardt Augustus E and Reinhardt Elizabeth M
Bought by
Atwell Theodore K and Atwell Heather E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,344
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 1999
Sold by
Henderson Doris S and Henderson William Douglas
Bought by
Reinhardt Augustus E and Reinhardt Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,033
Interest Rate
6.84%
Mortgage Type
FHA
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
Lowe Rodney A $195,000 None Available
Atwell Theodore K $139,500 --
Reinhardt Augustus E $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Rodney A $136,500
Previous Owner Atwell Theodore K $4,289
Previous Owner Atwell Theodore K $2,364
Previous Owner Atwell Theodore K $119,000
Previous Owner Atwell Theodore K $137,344
Previous Owner Reinhardt Augustus E $131,033
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2018 09/20/18 Sold $195,000 0.0% $139 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $195,000 -- $139 / 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 $3,385 $241,300 $55,000 $186,300
2022 $3,289 $241,300 $55,000 $186,300
2021 $2,473 $177,500 $42,000 $135,500
2020 $2,404 $172,600 $42,000 $130,600
2019 $2,404 $172,600 $0 $0
2018 $2,335 $172,600 $0 $0
2017 $2,335 $172,600 $0 $0
2016 $2,223 $160,600 $0 $0
2015 $2,236 $160,600 $0 $0
2014 $2,252 $160,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 898306

Triad MLS

APN: 0078321