NOT LISTED FOR SALE

5576 Us Highway 220 N Summerfield, NC 27358

Estimated Value: $221,000 - $300,000

3 Beds
1 Bath
1,450 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $91,200 $63 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $1,534/month

352 Days on Market

Highlights

  • Attic
  • No HOA
  • Outdoor Storage
  • Stokesdale Elementary School Rated A-
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of July 2014

1 level brick home on 1.64 acres. 3 bedrooms, 1 bath with living room & den. Storage building is wired. Roof about 12 yrs old, well pump about 4 yrs old.

Last Agent to Sell the Property

Jill Shropshire

Jill Shropshire Realty License #209291 Listed on: 06/22/2013

Last Buyer's Agent

Jill Shropshire

Jill Shropshire Realty License #209291 Listed on: 06/22/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 1962

Lot Details

  • 1.64 Acre Lot
  • Property is zoned RA

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,450 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,170

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.64
  • Directions: US 220 N, home on right before Hwy 158
  • Above Grade Finished Sq Ft: 1450
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1962
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1450
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1450
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Construction Type: Brick
  • Other Structures: Storage

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: RA
  • TRIADMLS_DeedPage: 2058
  • TRIADMLS_DeedBook: 6690

Tax Info

  • Tax Annual Amount: 1170.33
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2013
Closed on
Jul 31, 2014
Sold by
Pegram Mary Ann Lester and Pegram Lindsey E
Bought by
Hammitt Scott A
Seller's Agent
Jill Shropshire
Jill Shropshire Realty
Buyer's Agent
Jill Shropshire
Jill Shropshire Realty
List Price
$135,000
Sold Price
$91,200
Premium/Discount to List
-$43,800
-32.44%
Current Estimated Value
$261,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,715
Avg. Annual Appreciation
9.95%
Original Mortgage
$72,960
Outstanding Balance
$55,736
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$206,179

Purchase Details

Closed on
Apr 5, 2010
Bought by
Pegram Mary Ann Lester

Purchase Details

Closed on
Mar 15, 2007
Bought by
Pegram Mary
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
Hammitt Scott A $91,500 None Available
Pegram Mary Ann Lester -- --
Pegram Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammitt Scott A $72,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $91,200 -32.4% $63 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
06/22/2013 06/22/13 For Sale $135,000 -- $93 / 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 $1,419 $164,700 $64,400 $100,300
2024 $1,419 $164,700 $64,400 $100,300
2023 $1,419 $164,700 $64,400 $100,300
2022 $1,419 $164,700 $64,400 $100,300
2021 $1,175 $136,400 $50,800 $85,600
2020 $1,175 $136,400 $50,800 $85,600
2019 $1,175 $133,000 $0 $0
2018 $1,140 $133,000 $0 $0
2017 $1,140 $133,000 $0 $0
2016 $1,184 $133,600 $0 $0
2015 $1,190 $133,600 $0 $0
2014 $1,204 $133,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jill Shropshire

    Jill Shropshire Realty

    (336) 554-0996

    6 Total Sales

    Jill Shropshire
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Map

Source: Triad MLS

MLS Number: 677139

Triad MLS

APN: 0147327

North Carolina Guilford County Summerfield 27358

5576 Us Highway 220 N, Summerfield, NC

This home is located at 5576 Us Highway 220 N, Summerfield, NC 27358 since 22 June 2013 and is currently estimated at $261,915, approximately $180 per square foot. This property was built in 1962. 5576 Us Highway 220 N is a home located in Guilford County with nearby schools including Stokesdale Elementary School, Northwest Guilford Middle School, and Northwest Guilford High School.

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