NOT LISTED FOR SALE

5532 Murphy Rd Summerfield, NC 27358

Estimated Value: $165,000 - $224,000

2 Beds
1 Bath
1,000 Sq Ft
$189/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $93,000 $93 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,037/month

4 Days on Market

Highlights

  • Secluded Lot
  • Wood Flooring
  • No HOA
  • Stokesdale Elementary School Rated A-
  • Solid Surface Countertops
  • Porch

About This Home

As of March 2017

Incredible opportunity in desirable Summerfield community and NW school district. Perfect starter home or investment property! Cute 2 bedroom bungalow w/ pretty hardwood floors & separate office that could be 3rd BR space. Eat in kitchen has great storage and natural light. Huge laundry/utility room has lots of options for additional room use. Completely renovated bath with granite top vanity. Great picture window in LR! Move in condition! Beautiful country setting & incredible price for area!

Last Agent to Sell the Property

Melissa Greer

Berkshire Hathaway HomeServices Yost & Little Realty License #74293 Listed on: 02/23/2017

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Geneva Massey

First Team Realty LLC License #272031

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $559

Year Built

  • Built in 1961

Lot Details

  • 0.83 Acre Lot
  • Rural Setting
  • Secluded Lot
  • Level Lot
  • Property is zoned RS-40

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 931 Sq Ft Home
  • 800-1,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 0147497
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$559

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.83
  • Subdivision Name: None
  • Directions: 220 North, right on 158, left on Murphy
  • Above Grade Finished Sq Ft: 931
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1961
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 931
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Level, Rural, Secluded
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, 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 #: 0147497
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 108313.253
  • TRIADMLS_DeedPage: 1233
  • TRIADMLS_DeedBook: 6499
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 559
  • Tax Lot: 11
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
Mar 30, 2017
Sold by
Hall Tammy Lynn and Hall James Laudell
Bought by
Williams Beverly S
Seller's Agent
Melissa Greer
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Geneva Massey
First Team Realty LLC
List Price
$89,900
Sold Price
$93,000
Premium/Discount to List
$3,100
3.45%
Current Estimated Value
$188,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,561
Avg. Annual Appreciation
8.63%
Original Mortgage
$40,000
Outstanding Balance
$33,231
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$155,330

Purchase Details

Closed on
Mar 16, 2006
Sold by
Hennis Coy
Bought by
Hall Tammy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
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
Williams Beverly S $93,000 None Available
Hall Tammy Lynn $35,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Beverly S $40,000
Previous Owner Hall Tammy Lynn $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $93,000 +3.4% $116 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $89,900 -- $112 / 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 $443 $102,800 $55,000 $47,800
2024 $443 $102,800 $55,000 $47,800
2023 $443 $102,800 $55,000 $47,800
2022 $443 $102,800 $55,000 $47,800
2021 $271 $62,900 $30,000 $32,900
2020 $271 $62,900 $30,000 $32,900
2019 $542 $62,900 $0 $0
2018 $539 $62,900 $0 $0
2017 $522 $60,600 $0 $0
2016 $559 $63,100 $0 $0
2015 $562 $63,100 $0 $0
2014 $569 $63,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 824037

Triad MLS

APN: 0147497