NOT LISTED FOR SALE

5521 & 5523 Murphy Rd Summerfield, NC 27358

Estimated Value: $238,788 - $299,000

3 Beds
2 Baths
1,700 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $275,000 $162 Per Sq Ft

Current estimated payment $1,500/month

Highlights

  • Barn
  • Secluded Lot
  • Attic
  • Stokesdale Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of September 2023

All brick ranch style home nestled on 3+ acres. Several outbuildings (2) are wired. Spacious kitchen that flows into Dining area and Living Room. All season sunroom (heated/cooled). Vinyl replacement windows. 2010 Trane (dual fueled) Heating/Air system. Newer roof (approximate 4-6 years old). Circle gravel driveway. Expansive yard that would be perfect for small hobby farm. Detached metal carport. Kitchen features: updated solid surface countertop,deep farm sink, updated faucet, cooktop stove,built-in oven, dishwasher and refrigerator to stay. Spacious deck, perfect for outdoor entertaining.

Last Agent to Sell the Property

Phillip Stone

A New Dawn Realty, Inc License #204126 Listed on: 08/04/2023

Last Buyer's Agent

Teresa Knowles

CENTURY 21 THE KNOWLES TEAM License #169794

CENTURY 21 THE KNOWLES TEAM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,940

Year Built

  • Built in 1970

Lot Details

  • 3.19 Acre Lot
  • Rural Setting
  • Secluded Lot
  • Cleared Lot
  • Property is zoned RS-40

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,603 Sq Ft Home
  • 1,400-1,700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Dining Room with Fireplace
  • Pull Down Stairs to Attic
  • Storm Doors
  • Dishwasher
  • Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater

Additional Features

  • Outdoor Storage
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0147499 & 0147498
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,940

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 3.19
  • Subdivision Name: None
  • Directions: From Summerfield on I-73/US-220 North, take the US-158 exit, (R) on US-158 East, (L) on Murphy Rd, property will be on the left
  • Above Grade Finished Sq Ft: 1603
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1970
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1700
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Dishwasher, Electric Water Heater
  • Flooring: Laminate, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Dining Room
  • Fireplaces: 1
  • Living Area: 1603
  • Main Level Bathrooms: 2
  • Attic Description: Partially Floored, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Cleared, Rural, Secluded
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Barn(s), Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Gravel, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Dual Fuel System, Forced Air, Electric, Propane
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric
  • Energy Features: Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0147499 & 0147498
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 86206.8966
  • TRIADMLS_DeedPage: 446
  • TRIADMLS_DeedBook: 2426
  • TRIADMLS_AcresRange: 3 - 3

Tax Info

  • Tax Annual Amount: 1940.09
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.8615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Sep 6, 2023
Sold by
Powers John Walter and Powers Janelle Brown
Bought by
Costello Richard Allen and Costello Tamarah Sue
Seller's Agent
Phillip Stone
A New Dawn Realty, Inc
Buyer's Agent
Teresa Knowles
CENTURY 21 THE KNOWLES TEAM
List Price
$299,500
Sold Price
$275,000
Premium/Discount to List
-$24,500
-8.18%
Views
6
Current Estimated Value
$273,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,303
Avg. Annual Appreciation
-0.23%
Original Mortgage
$255,000
Outstanding Balance
$245,836
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$27,861
Source: Public Records

Range of Values:

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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
Costello Richard Allen $275,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costello Richard Allen $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2023 09/14/23 Sold $275,000 -8.2% $196 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $299,500 -- $214 / 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 $593 $68,800 $68,800 --
2024 $593 $68,800 $68,800 --
2023 $593 $68,800 $68,800 $0
2022 $593 $68,800 $68,800 $0
2021 $323 $37,500 $37,500 $0
2020 $1,070 $37,500 $37,500 $0
2019 $1,070 $119,500 $0 $0
2018 $1,024 $119,500 $0 $0
2017 $1,030 $119,500 $0 $0
2016 $1,043 $117,700 $0 $0
2015 $1,049 $117,700 $0 $0
2014 $1,060 $117,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1115253

Triad MLS

APN: 0147498