NOT LISTED FOR SALE

5538 Bunch Rd Summerfield, NC 27358

Estimated Value: $100,000 - $244,000

2 Beds
1 Bath
800 Sq Ft
$199/Sq Ft Est. Value

Last Sold February 07, 2014

Last sale price $45,000 $56 Per Sq Ft

Est. 253% increase in value since last sale

Current estimated payment $950/month

134 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • Bungalow
  • Oak Ridge Elementary School Rated A-
  • No HOA
  • Outdoor Storage

About This Home

As of February 2014

Great area for investment property-SOLD AS IS! great rental listing and good schools! Home has hardwood floors, not in bad condition-could be a dollhouse or moved and use the land to build a new home!

Last Agent to Sell the Property

Deryle Peaslee-Wood

Berkshire Hathaway HomeServices Yost & Little Realty License #172363 Listed on: 08/22/2013

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Tom English

Berkshire Hathaway HomeServices Yost & Little Realty License #270207

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $629

Year Built

  • Built in 1961

Lot Details

  • 1 Acre Lot
  • Fenced
  • Property is zoned RS

Parking

  • No Garage

Home Design

  • Bungalow
  • Masonite

Interior Spaces

  • 800 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • No Heating
  • Well

Additional Features

  • Outdoor Storage
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Waddleton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0167408
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$629

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Subdivision Name: Waddleton
  • Directions: 680North, R/150 at Oak Ridge, R/Bunch Rd, property on left after Brookbank Rd.
  • Above Grade Finished Sq Ft: 800
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Year Built: 1961
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 800
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: Horses Allowed
  • Construction Type: Masonite
  • Other Structures: Storage
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Oak Ridge
  • High School: Northwest
  • Middle Or Junior School: Northwest

Lot Info

  • Parcel #: 0167408
  • Zoning: RS
  • TRIADMLS_DeedPage: 1183
  • TRIADMLS_DeedBook: 7428

Tax Info

  • Tax Annual Amount: 628.58
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Feb 7, 2014
Sold by
Artichoke Holdings Lp
Bought by
Grossman Scott Alan
Seller's Agent
Deryle Peaslee-Wood
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Tom English
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$69,900
Sold Price
$45,000
Premium/Discount to List
-$24,900
-35.62%
Current Estimated Value
$158,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,821
Avg. Annual Appreciation
12.57%
Original Mortgage
$45,967
Outstanding Balance
$35,814
Interest Rate
4.55%
Mortgage Type
VA
Estimated Equity
$140,479

Purchase Details

Closed on
Dec 21, 2012
Bought by
Artichoke Holdings Lp
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
Grossman Scott Alan $45,000 None Available
Artichoke Holdings Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossman Scott Alan $45,967
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2014 02/07/14 Sold $45,000 -35.6% $56 / Sq Ft
01/04/2014 01/04/14 Pending -- -- --
08/22/2013 08/22/13 For Sale $69,900 -- $87 / 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 $1,004 $107,600 $70,000 $37,600
2022 $977 $107,600 $70,000 $37,600
2021 $548 $60,300 $50,000 $10,300
2020 $548 $60,300 $50,000 $10,300
2019 $548 $60,300 $0 $0
2018 $545 $60,300 $0 $0
2017 $548 $60,300 $0 $0
2016 $554 $59,800 $0 $0
2015 $557 $59,800 $0 $0
2014 $621 $66,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 682886

Triad MLS

APN: 0167408