NOT LISTED FOR SALE

5540 Us Highway 220 N Summerfield, NC 27358

Estimated Value: $522,072 - $599,000

3 Beds
2.5 Baths
3,400 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $285,000 $84 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,226/month

88 Days on Market

Highlights

  • Outdoor Pool
  • Deck
  • Wood Flooring
  • Stokesdale Elementary School Rated A-
  • Traditional Architecture
  • Attic

About This Home

As of October 2015

Well maintained home on 1.47 acre lot in Summerfield! Great room w/cathedral ceiling & fireplace. Master bedroom has double doors to covered porch. Master bath w/double vanities, jacuzzi tub & large shower. Bonus room over garage. Laundry room w/utility sink. Recreational room w/half bath & 14x6 storage. Heat pump w/gas pack back up. Gorgeous in ground pool, deck & covered porch. Fenced in back yard. 3 car detached garage has pull down stairs to 40x16 storage area. Minutes from Summerfield Charter Academy

Last Agent to Sell the Property

Dawn Stone

A New Dawn Realty, Inc License #189791 Listed on: 06/04/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,593

Year Built

  • Built in 1996

Lot Details

  • 1.47 Acre Lot
  • Fenced
  • Level Lot
  • Cleared Lot
  • Property is zoned RS30

Parking

  • 3 Car Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 3,212 Sq Ft Home
  • 2,800-3,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace
  • Crawl Space
  • Attic

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Pool
  • Deck
  • Shed
  • Porch

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0147404
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,593

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 1.47
  • Subdivision Name: None
  • Directions: Hwy 220 N towards Madison Follow orange signs for M-M Tire.....(L) on Hwy 158 exit. (L) at bottom of ramp. (R) on old 220. House is on the left.
  • Above Grade Finished Sq Ft: 3212
  • Architectural Style: Traditional
  • Unit Levels: 1 Story w/upper bonus room
  • Year Built: 1996
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2800 - 3400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Attached Microwave Oven,Dishwasher,Slide-In Oven/Range, Water Heater: Gas
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dryer Connection, Garden Tub, Laundry Room - Main Level, Separate Shower, Washer Connection
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 3212
  • Main Level Bathrooms: 3
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Deck, Fenced, Paved Drive, Porch, Storage Building(s)
  • Fencing: Fenced
  • Lot Features: Fence(s), Level, Cleared, Sloped
  • Pool Features: Pool on Property
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Paved Drive, Detached
  • Garage Description: Detached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0147404
  • Zoning: RS30
  • TRIADMLS_PricePerAcre: 217687.0748
  • TRIADMLS_PlatPage: 108
  • TRIADMLS_DeedPage: 1017
  • TRIADMLS_DeedBook: 4431
  • TRIADMLS_PlatBook: 120
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 2593
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2015
Closed on
Oct 9, 2015
Sold by
Robertson Taylor Gene and Robertson Teresa F
Bought by
Schriever Rankin Tamara S and Rankin Timothy R
Seller's Agent
Dawn Stone
A New Dawn Realty, Inc
List Price
$342,000
Sold Price
$285,000
Premium/Discount to List
-$57,000
-16.67%
Current Estimated Value
$564,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,768
Avg. Annual Appreciation
7.06%
Original Mortgage
$275,793
Outstanding Balance
$218,743
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$346,025

Purchase Details

Closed on
Jun 26, 1996
Bought by
Robertson Teresa F
Source: Public Records

Range of Values:

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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
Schriever Rankin Tamara S $285,000 Attorney
Robertson Teresa F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schriever Rankin Tamara S $275,793
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2015 10/09/15 Sold $285,000 -16.7% $102 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $342,000 -- $122 / 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 $2,768 $321,300 $61,600 $259,700
2024 $2,768 $321,300 $61,600 $259,700
2023 $2,768 $321,300 $61,600 $259,700
2022 $2,768 $321,300 $61,600 $259,700
2021 $2,439 $283,100 $42,000 $241,100
2020 $2,439 $283,100 $42,000 $241,100
2019 $2,439 $283,100 $0 $0
2018 $2,427 $283,100 $0 $0
2017 $2,427 $283,100 $0 $0
2016 $2,499 $282,100 $0 $0
2015 $2,514 $282,100 $0 $0
2014 $2,542 $282,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 760527

Triad MLS

APN: 0147404