NOT LISTED FOR SALE

5407 Chestnut Ridge Dr Summerfield, NC 27358

Estimated Value: $337,807 - $358,000

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

Last Sold November 19, 2018

Last sale price $202,000 $119 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,167/month

4 Days on Market

Highlights

  • Partially Wooded Lot
  • Wood Flooring
  • Solid Surface Countertops
  • E.P. Pearce Elementary School Rated A-
  • Attic
  • Porch

About This Home

As of November 2018

Desirable neighborhood, floor plan, schools, and price! Now is your chance to buy as this is the only one active on market now. Neutral interior, tons of windows and light, 10 ft ceilings in living and dining rooms. MBR with walk-in closet, double sink vanity, garden tub/sep shower/walk-in closet. The screened porch is a delight overlooking the wooded rear. Large kitchen with sunny breakfast area. Good sized bedrooms and closets. Perfect timing in order to spend the holidays in your new home!

Last Agent to Sell the Property

Candice Joyce

Berkshire Hathaway HomeServices Yost & Little Realty License #144696 Listed on: 10/19/2018

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Zachary Ingram

eXp Realty License #275232

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,352

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 88 x 133 x 88 x 139
  • Partially Wooded Lot
  • Property is zoned RS15

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,594 Sq Ft Home
  • 1,400-1,700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • Storm Doors
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Kernodle Middle School
  • Northwest Guilford 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 116
  • Assessor Parcel Number 0078323
  • 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: 88 x 133 x 88 x 139
  • Subdivision Name: Highland Grove
  • Directions: Pleasant Ridge Rd to Highland Grove, R Chestnut Ridge
  • Above Grade Finished Sq Ft: 1594
  • 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
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Separate Shower, Solid Surface Counter
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 1594
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot, Partially Wooded
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • 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 Guilford
  • Middle Or Junior School: Kernodle

Lot Info

  • Parcel #: 0078323
  • Zoning: RS15
  • TRIADMLS_PlatPage: 67
  • TRIADMLS_DeedPage: 1037
  • TRIADMLS_DeedBook: 4576
  • TRIADMLS_PlatBook: 122
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 2352
  • Tax Lot: 116
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Nov 19, 2018
Sold by
Addington Suzanne Z and The Estate Of Angela M Zabel
Bought by
Redmond Aaron Donald and Redmond Wanda G
Seller's Agent
Candice Joyce
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Zachary Ingram
eXp Realty
List Price
$198,500
Sold Price
$202,000
Premium/Discount to List
$3,500
1.76%
Current Estimated Value
$351,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,562
Avg. Annual Appreciation
8.51%
Original Mortgage
$20,000
Interest Rate
4.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 21, 1997
Bought by
Zabel Raymond S
Source: Public Records

Range of Values:

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Average Value
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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
Redmond Aaron Donald $202,000 None Available
Zabel Raymond S $133,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redmond Aaron $127,000
Closed Redmond Aaron Donald $20,000
Closed Redmond Aaron Donald $125,000
Previous Owner Zabel Raymond S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2018 11/19/18 Sold $202,000 +1.8% $144 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $198,500 -- $142 / 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 $3,366 $239,900 $55,000 $184,900
2022 $3,270 $239,900 $55,000 $184,900
2021 $2,408 $172,900 $42,000 $130,900
2020 $2,408 $172,900 $42,000 $130,900
2019 $2,408 $172,900 $0 $0
2018 $2,339 $172,900 $0 $0
2017 $2,339 $172,900 $0 $0
2016 $2,227 $160,900 $0 $0
2015 $2,241 $160,900 $0 $0
2014 $2,257 $160,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 908301

Triad MLS

APN: 0078323