NOT LISTED FOR SALE

5539 Bunch Rd Summerfield, NC 27358

Estimated Value: $247,000 - $352,000

2 Beds
1 Bath
1,100 Sq Ft
$275/Sq Ft Est. Value

Last Sold September 12, 2016

Last sale price $85,000 $77 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $1,703/month

142 Days on Market

Highlights

  • 3 Acre Lot
  • Stream or River on Lot
  • Porch
  • Oak Ridge Elementary School Rated A-
  • No HOA
  • Fireplace in Basement

About This Home

As of September 2016

JUST REDUCED! Priced well below tax value! Beautiful 3 Acres in Oak Ridge. Great starter home or rental or future building site. Bring an offer. House being sold "as is". Finished heated basement not included in sq ft. Total Acreage includes adjacent lot.

Last Agent to Sell the Property

John Thompson

Thompson & Slaughter Appraisal Services, Inc. License #204458 Listed on: 03/22/2016

Last Buyer's Agent

Jason Lawrence

United Realty Group Inc License #254937

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,546

Year Built

  • Built in 1966

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 19x74x161x74x101x101x123x334x500
  • Cleared Lot
  • Garden

Parking

  • 1 Car Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 968 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Fireplace in Basement
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Stream or River on Lot
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7818754328/3631
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,546

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 3
  • Lot Size: 19x74x161x74x101x101x123x334x500
  • Subdivision Name: None
  • Directions: Highway 68 from Oak Ridge Military Academy to Right of Bunch Rd, go 1 mile, house on Right
  • Above Grade Finished Sq Ft: 968
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1966
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Electric
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Dead Bolt(s), Dryer Connection, Smoke Alarm, Washer Connection
  • Has Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Basement
  • Fireplaces: 1
  • Living Area: 968
  • Main Level Bathrooms: 1
  • Attic Description: Remarks
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden Space
  • Fencing: None
  • Lot Features: Stream, Cleared
  • Construction Type: Brick
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic
  • Laundry Features: Dryer Connection, Washer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7818754328/3631
  • Zoning: SFR
  • TRIADMLS_AcresRange: 3 - 3

Tax Info

  • Tax Annual Amount: 1546
  • Tax Map Number: 7818
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2018
Sold by
Leland Homes Llc
Bought by
Bunton Virginia Edwards
Current Estimated Value
$302,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,450
Outstanding Balance
$122,750
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$179,952

Purchase Details

Listed on
Mar 22, 2016
Closed on
Sep 12, 2016
Sold by
Rogers Renee J and Rogers Lynn J
Bought by
Leland Homes Llc
Seller's Agent
John Thompson
Thompson & Slaughter Appraisal Services, Inc.
Buyer's Agent
Jason Lawrence
United Realty Group Inc
List Price
$130,000
Sold Price
$85,000
Premium/Discount to List
-$45,000
-34.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%
Original Mortgage
$95,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 2003
Sold by
Watkins Lucille
Bought by
Jessup Mary E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bunton Virginia Edwards $151,000 Chicago Title Insurance Comp
Leland Homes Llc $85,000 None Available
Jessup Mary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunton Virginia Edwards $143,450
Previous Owner Leland Homes Llc $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2016 09/12/16 Sold $85,000 -34.6% $106 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $130,000 -- $163 / Sq Ft
Source: Triad MLS

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 $1,572 $168,500 $78,700 $89,800
2024 $1,572 $168,500 $78,700 $89,800
2023 $1,572 $168,500 $78,700 $89,800
2022 $1,530 $168,500 $78,700 $89,800
2021 $1,084 $119,400 $64,800 $54,600
2020 $1,084 $119,400 $64,800 $54,600
2019 $1,084 $119,400 $0 $0
2018 $1,079 $119,400 $0 $0
2017 $1,084 $119,400 $0 $0
2016 $1,107 $119,500 $0 $0
2015 $1,113 $119,500 $0 $0
2014 $1,431 $152,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John Thompson

    Thompson & Slaughter Appraisal Services, Inc.

    (336) 345-3679

    5 Total Sales

    John Thompson
    Section Image

  • J

    Buyer's Agent in 2016

    Jason Lawrence

    United Realty Group Inc

    (336) 665-5205

    1 in this area

    9 Total Sales

    Jason Lawrence
    Section Image
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Map

Source: Triad MLS

MLS Number: 787937

Triad MLS

APN: 0167403

North Carolina Guilford County Summerfield 27310

5539 Bunch Rd, Summerfield, NC

Not Listed for Sale

Detached

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