NOT LISTED FOR SALE

550 Pannel Rd Reidsville, NC 27320

Estimated Value: $443,000

3 Beds
3 Baths
2,500 Sq Ft
$177/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $345,000 $138 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,534/month

1 Day on Market

Highlights

  • In Ground Pool
  • Partially Wooded Lot
  • No HOA
  • 2.12 Acre Lot
  • Wood Flooring
  • Porch

About This Home

As of August 2023

SUMMER SPECIAL! Country Home with Refreshing Salt Water Pool on 2.12 acres in Wentworth School District - This home is ready for pool parties during hot summer days! Plenty of parking in front and around back. Extensive catwalk deck across entire back of home overlooking scenic private woods and surrounded by beautiful landscaping. Living Room with Wood Burning Stove and Beautiful Floors, Cozy Great Room with many options for placement of furniture. Recently Renovated Kitchen with New Appliances and a Custom Island for additional storage. Fenced area in Front and Rear. Huge laundry room with wash station. Updates..... Kitchen Renovation, Pool Converted to Salt Water System, NEW Pool Liner and Re-Surfaced Pool Steps, Roof approximately 6 years old, New drainage system around entire home, including pool deck. Oversize one car garage with shelves. No HOA!

Last Agent to Sell the Property

Connie Dulany

Dulany Rock Realty License #275864 Listed on: 07/19/2023

Co-Listed By

Michael Dulany

Dulany Rock Realty License #285275

Last Buyer's Agent

Brian Rock Dulany

Dulany Real Estate Company License #283970

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,438

Year Built

  • Built in 1953

Lot Details

  • 2.12 Acre Lot
  • Lot Dimensions are 417 x 208 x 131 x 223 x 169 x 215
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RP

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,321 Sq Ft Home
  • 2,000-2,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Separate Shower

Outdoor Features

  • In Ground Pool
  • Porch

Schools

  • Rockingham County Middle School
  • Rockingham County High School

Utilities

  • Central Air
  • Heat Pump System
  • Boiler Heating System
  • Heating System Uses Wood
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 172558
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,438

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.122
  • Lot Size: 417 x 208 x 131 x 223 x 169 x 215
  • Co List Office Mls Id: GDULROC01
  • Co List Office Phone: 336-613-3178
  • Subdivision Name: None
  • Directions: From Reidsville: NC 87 toward Eden and Left on Pannel - Home is on the Left
  • Above Grade Finished Sq Ft: 2321
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1953
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Separate Shower
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Living Area: 2321
  • Main Level Bathrooms: 3
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced, Partial, Privacy
  • Lot Features: Level, Partially Cleared, Partially Wooded
  • Pool Features: In Ground
  • Construction Type: Composite Siding, Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Boiler, Heat Pump, Electric, Wood
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Wood Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Wentworth
  • High School: Rockingham County
  • Middle Or Junior School: Rockingham County

Lot Info

  • Parcel #: 172558
  • Zoning: RP
  • TRIADMLS_PricePerAcre: 162582.4694
  • TRIADMLS_PlatPage: 25(1)
  • TRIADMLS_DeedPage: 2343
  • TRIADMLS_DeedBook: 1572
  • TRIADMLS_PlatBook: 95
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.798

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Aug 25, 2023
Sold by
Loye Kimberly H and Loye Mark C
Bought by
Roberts Joshua L and Gibson Amanda L
Seller's Agent
Connie Dulany
Dulany Rock Realty
Buyer's Agent
Brian Rock Dulany
Dulany Real Estate Company
List Price
$329,900
Sold Price
$345,000
Premium/Discount to List
$15,100
4.58%
Views
164
Current Estimated Value
$443,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,000
Original Mortgage
$327,750
Outstanding Balance
$322,328
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2020
Closed on
Feb 7, 2020
Sold by
Devine David L and Devine Robin S
Bought by
Loye Mark C and Loye Kimberly H
Seller's Agent
Faye Shelton
Five Star Realty
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%
Original Mortgage
$218,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2006
Sold by
Paschal Robert D and Paschal Debra M
Bought by
Devine Courtney M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.28%
Mortgage Type
New Conventional
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
Roberts Joshua L $345,000 None Listed On Document
Loye Mark C $230,000 None Available
Devine Courtney M $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Joshua L $327,750
Previous Owner Loye Mark C $218,500
Previous Owner Devine David L $80,000
Previous Owner Devine Courtney M $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $345,000 +4.6% $173 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $329,900 +43.4% $165 / Sq Ft
02/07/2020 02/07/20 Sold $230,000 -- $105 / 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 $1,438 $183,202 $31,363 $151,839
2022 $1,438 $183,202 $31,363 $151,839
2021 $1,438 $183,202 $31,363 $151,839
2020 $1,438 $183,202 $31,363 $151,839
2019 $1,438 $183,202 $31,363 $151,839
2018 $1,491 $189,632 $39,403 $150,229
2017 $1,491 $189,632 $39,403 $150,229
2015 $1,499 $188,805 $38,576 $150,229
2014 $1,484 $188,805 $38,576 $150,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1112412

Triad MLS

APN: 172558