NOT LISTED FOR SALE

5605 Fairlawn Dr Summerfield, NC 27358

Estimated Value: $268,000 - $344,000

3 Beds
1.5 Baths
1,900 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $240,000 $126 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,817/month

44 Days on Market

Highlights

  • Attic
  • Corner Lot
  • Kitchen Island
  • Stokesdale Elementary School Rated A-
  • No HOA
  • Ceiling Fan

About This Home

As of February 2023

NEW YEAR SPECIAL! The seller is offering $5,000 as an incentive to be used towards closing costs, price reductions, or buy-downs. SUMMERFIELD Classic Brick Ranch. Nestled on an acre lot you will find a little piece of living in the country yet right off of the major north/south corridor of 220/73. Do you like star gazing? Imagine sitting on the large deck and just looking up at the unobstructed sky. If you dream of a little hobby farm, there is just enough room to garden and maybe add those chickens you want. Once you enter the home you will find an open floor plan with flexible space. The kitchen is the center of activity as you can see your guests in the front living room/dining room and hear them in the large den...great for watching those football games! The den is cozy with a wood-burning fireplace...yes, it is that time of year. The holidays are upon us...wouldn't you love extra space for your holiday get-togethers? AND an added bonus...the refrigerator, washer, and dryer stay!

Last Agent to Sell the Property

Jan Branyon

Nest Realty Greensboro License #227715 Listed on: 11/25/2022

Nest Realty Greensboro

Last Buyer's Agent

Mitchell Mullis

Keller Williams Realty License #294902

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,122

Year Built

  • Built in 1970

Lot Details

  • 1 Acre Lot
  • Fenced
  • Corner Lot
  • Property is zoned RS30

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,793 Sq Ft Home
  • 1,600-1,900 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Den with Fireplace
  • Vinyl Flooring
  • Dryer Hookup
  • Attic

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Northwest Guilford Middle School
  • Northwest High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Campbell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0147317
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,122

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Lot Size: 01
  • Subdivision Name: Campbell
  • Directions: Travel 220 to Rt 158 Exit, R-Spottswood, L-Fairlawn, home is on the right before the curve
  • Above Grade Finished Sq Ft: 1793
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1970
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 1900
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Range, Electric Water Heater
  • Flooring: Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Kitchen Island
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1793
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • 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 Guilford

Lot Info

  • Parcel #: 0147317
  • Zoning: RS30
  • TRIADMLS_PricePerAcre: 240000
  • TRIADMLS_DeedPage: 549
  • TRIADMLS_DeedBook: 8433
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1122
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.8615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Feb 3, 2023
Sold by
Lyman Kimberly
Bought by
Valadez Alejandro and Valadez Fidelia Flores
Seller's Agent
Jan Branyon
Nest Realty Greensboro
Buyer's Agent
Mitchell Mullis
Keller Williams Realty
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Views
297
Current Estimated Value
$306,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,236
Avg. Annual Appreciation
9.99%
Original Mortgage
$235,653
Outstanding Balance
$228,439
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$77,797

Purchase Details

Closed on
Mar 17, 2021
Sold by
Lyman Jeffery
Bought by
Lyman Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,520
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2015
Closed on
Apr 25, 2016
Sold by
Hancock Holly Lynn and Lee Michae3l D
Bought by
Lyman Jeffery and Lyman Kimberly
Seller's Agent
Bobbi Gardner
Bobbie Gardner Realty, Inc
Buyer's Agent
Jake Letterman
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$144,900
Sold Price
$130,000
Premium/Discount to List
-$14,900
-10.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$133,676
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 1994
Bought by
Hancock Holly
Source: Public Records

Range of Values:

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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
Valadez Alejandro $240,000 --
Lyman Kimberly -- First American Mortgage Sln
Lyman Jeffery $130,000 None Available
Hancock Holly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valadez Alejandro $235,653
Previous Owner Lyman Kimberly $11,000
Previous Owner Lyman Kimberly $146,520
Previous Owner Lyman Jeffery $133,676
Previous Owner Hancock Holly $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $240,000 0.0% $150 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $240,000 -2.0% $150 / Sq Ft
12/21/2022 12/21/22 Price Changed $245,000 -2.0% $153 / Sq Ft
12/05/2022 12/05/22 Price Changed $249,900 -3.8% $156 / Sq Ft
11/25/2022 11/25/22 For Sale $259,900 +99.9% $162 / Sq Ft
04/29/2016 04/29/16 Sold $130,000 -10.3% $87 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
10/28/2015 10/28/15 For Sale $144,900 -- $97 / 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
2024 $1,787 $198,900 $56,000 $142,900
2023 $1,787 $198,900 $56,000 $142,900
2022 $1,465 $170,000 $56,000 $114,000
2021 $1,122 $130,200 $35,000 $95,200
2020 $1,122 $130,200 $35,000 $95,200
2019 $1,122 $130,200 $0 $0
2018 $1,116 $130,200 $0 $0
2017 $1,116 $130,200 $0 $0
2016 $1,094 $123,500 $0 $0
2015 $1,100 $123,500 $0 $0
2014 $1,113 $123,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jan Branyon

    Nest Realty Greensboro

    (336) 202-8104

    69 Total Sales

    Jan Branyon
    Section Image
  • Mitchell Mullis

    Buyer's Agent in 2023

    Mitchell Mullis

    Keller Williams Realty

    (336) 991-2654

    864 Total Sales

    Mitchell Mullis
    Section Image

  • B

    Seller's Agent in 2016

    Bobbi Gardner

    Bobbie Gardner Realty, Inc

    (336) 382-5939

    31 Total Sales

    Bobbi Gardner
    Section Image

  • J

    Buyer's Agent in 2016

    Jake Letterman

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 338-0136

    61 Total Sales

    Jake Letterman
    Section Image
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Map

Source: Triad MLS

MLS Number: 1090735

Triad MLS

APN: 0147317

North Carolina Guilford County Summerfield 27358

5605 Fairlawn Dr, Summerfield, NC

This home is located at 5605 Fairlawn Dr, Summerfield, NC 27358 since 25 November 2022 and is currently estimated at $306,236, approximately $161 per square foot. This property was built in 1970. 5605 Fairlawn Dr is a home located in Guilford County with nearby schools including Stokesdale Elementary School, Northwest Guilford Middle School, and Northwest Guilford High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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