NOT LISTED FOR SALE

5407 Waterpoint Dr Browns Summit, NC 27214

Estimated Value: $281,000 - $303,000

4 Beds
2.5 Baths
2,500 Sq Ft
$116/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $108,900 $44 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,779/month

181 Days on Market

Highlights

  • Porch
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Northern Guilford Middle School Rated A-

About This Home

As of December 2015

This beautiful 4 bedroom Single Family home is located in a beautiful neighborhood. Attached 2 car garage. Open floor plan on the main level between the kitchen, dining, and living room area. Spacious bedrooms located on the second floor.

Last Agent to Sell the Property

Tara Tillman

WESTCHESTER REALTY License #219504 Listed on: 04/20/2015

Last Buyer's Agent

Ronald Clapp

RDC Real Estate Solutions License #219482

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 2004

Lot Details

  • 0.25 Acre Lot
  • Property is zoned CU-RS-12

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,288 Sq Ft Home
  • 2,000-2,500 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Storrington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0091095
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,781

Year Built

Built in 2004

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Subdivision Name: Storrington
  • Directions: Pisgah Church Rd becomes Lees Chapel Rd,Turn left onto Yanceyville Rd.,Turn left onto Townsend Farm Dr,. 5407 WATERPOINT DR is on the right
  • Above Grade Finished Sq Ft: 2288
  • Unit Levels: Two
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2288
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association Fee: 30
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 0091095
  • Zoning: CU-RS-12
  • TRIADMLS_PricePerAcre: 460000
  • TRIADMLS_DeedPage: 2318
  • TRIADMLS_DeedBook: 7687
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1781
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2015
Closed on
Dec 17, 2015
Sold by
Secretary Of Housing And Urban Developme
Bought by
Rdc Real Estate Solutions Inc
Seller's Agent
Tara Tillman
WESTCHESTER REALTY
Buyer's Agent
Ronald Clapp
RDC Real Estate Solutions
List Price
$121,600
Sold Price
$108,900
Premium/Discount to List
-$12,700
-10.44%
Current Estimated Value
$289,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,025
Avg. Annual Appreciation
10.56%
Original Mortgage
$110,500
Outstanding Balance
$87,739
Interest Rate
3.91%
Mortgage Type
Credit Line Revolving
Estimated Equity
$202,186

Purchase Details

Closed on
Nov 14, 2014
Sold by
Midfirst Bank
Bought by
Secretary Of Hud

Purchase Details

Closed on
Nov 12, 2014
Sold by
Pennix Teresa
Bought by
Midfirst Bank

Purchase Details

Closed on
Aug 4, 2008
Bought by
Pennix Teresa

Purchase Details

Closed on
Oct 27, 2004
Sold by
Old South Home Co
Bought by
Pennix Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,965
Interest Rate
5.64%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rdc Real Estate Solutions Inc -- Attorney
Secretary Of Hud -- None Available
Midfirst Bank $152,750 None Available
Pennix Teresa -- --
Pennix Teresa $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rdc Real Estate Solutions Inc $110,500
Previous Owner Pennix Teresa $8,037
Previous Owner Pennix Teresa $128,965
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2015 12/17/15 Sold $108,900 -10.4% $54 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $121,600 -- $61 / 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 $2,461 $175,400 $31,500 $143,900
2024 $2,461 $175,400 $31,500 $143,900
2023 $2,461 $175,400 $31,500 $143,900
2022 $2,391 $175,400 $31,500 $143,900
2021 $1,842 $132,200 $22,500 $109,700
2020 $1,842 $132,200 $22,500 $109,700
2019 $1,842 $132,200 $0 $0
2018 $1,789 $132,200 $0 $0
2017 $1,802 $132,200 $0 $0
2016 $1,758 $127,000 $0 $0
2015 $1,768 $127,000 $0 $0
2014 $1,781 $127,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 754199

Triad MLS

APN: 0091095