NOT LISTED FOR SALE

5501 Murphy Rd Summerfield, NC 27358

Estimated Value: $393,000 - $709,801

3 Beds
2.5 Baths
2,073 Sq Ft
$275/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $330,000 $159 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,348/month

103 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Double Convection Oven
  • Stokesdale Elementary School Rated A-
  • Log Cabin
  • 4 Car Detached Garage

About This Home

As of April 2014

Custom log home on 5.54 beautiful ACRES in Summerfield. OPEN FLOOR PLAN with great flow for entertaining. Kitchen features UPGRADED hickory cabinets, solid surface counters and upgraded appliances. FIREPLACE in Great Room, main level Master BR with walk-in closet, LARGE LOFT on 2nd level, vaulted ceilings, 3 car GARAGE with plenty of storage on 2nd level, wrap around PORCH, breezeway with PATIO and a whole lot more! See AGENT ONLY remarks.

Last Agent to Sell the Property

Jason Bramblett

Jason Bramblett Real Estate License #214156 Listed on: 12/10/2013

Jason Bramblett Real Estate

Last Buyer's Agent

Robbin Smith

Berkshire Hathaway HomeServices Yost & Little Realty License #199049

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,204

Year Built

  • Built in 2006

Lot Details

  • 5.54 Acre Lot
  • Fenced
  • Property is zoned RS40

Parking

  • 4 Car Detached Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Log Cabin
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2,073 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace

Kitchen

  • Double Convection Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 0147494;7931117259
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,204

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.54
  • Co List Office Mls Id: WTBC01
  • Co List Office Phone: 336-553-0796
  • Directions: North on Hwy 220. Right on US Hwy 158. Left on Murphy Rd.
  • Above Grade Finished Sq Ft: 2073
  • Architectural Style: Log
  • Unit Levels: One and One Half
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2073
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Oven, Convection Oven, Cooktop, Dishwasher, Double Oven, Exhaust Fan, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 2073
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Exclusions: Chalkboard In Hallway
  • Construction Type: Log, Wood Siding

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Driveway, Garage Door Opener, Detached Carport, Detached
  • Garage Description: Detached Carport, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling: Central Air, Zoned
  • Heating: Forced Air, Heat Pump, Zoned, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Stokesdale
  • High School: Northwest
  • Middle Or Junior School: Northwest

Lot Info

  • Parcel #: 0147494;7931117259
  • Zoning: RS40
  • TRIADMLS_DeedPage: 2015
  • TRIADMLS_DeedBook: 6509

Tax Info

  • Tax Annual Amount: 3204
  • Tax Lot: 8
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2013
Closed on
Apr 11, 2014
Sold by
Batchelor Robert D and Batchelor Salle S
Bought by
Oxford William and Oxford Tammy
Seller's Agent
Jason Bramblett
Jason Bramblett Real Estate
Buyer's Agent
Robbin Smith
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$338,000
Sold Price
$330,000
Premium/Discount to List
-$8,000
-2.37%
Current Estimated Value
$570,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,450
Avg. Annual Appreciation
4.89%
Original Mortgage
$340,850
Outstanding Balance
$259,985
Interest Rate
4.43%
Mortgage Type
VA
Estimated Equity
$310,465
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
Oxford William $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oxford William $340,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2014 04/25/14 Sold $330,000 -2.4% $159 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
12/10/2013 12/10/13 For Sale $338,000 -- $163 / 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 $3,878 $450,100 $146,800 $303,300
2024 $3,878 $450,100 $146,800 $303,300
2023 $3,878 $450,100 $146,800 $303,300
2022 $3,878 $450,100 $146,800 $303,300
2021 $3,090 $358,700 $92,700 $266,000
2020 $3,090 $358,700 $92,700 $266,000
2019 $3,090 $358,700 $0 $0
2018 $3,075 $358,700 $0 $0
2017 $3,075 $358,700 $0 $0
2016 $3,241 $365,800 $0 $0
2015 $3,259 $365,800 $0 $0
2014 $3,296 $365,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 692202

Triad MLS

APN: 0147494