NOT LISTED FOR SALE

701 Townsend Farm Dr Browns Summit, NC 27214

Estimated Value: $294,000 - $315,768

4 Beds
2.5 Baths
2,100 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $260,000 $124 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,041/month

7 Days on Market

Highlights

  • Outdoor Pool
  • Corner Lot
  • 2 Car Attached Garage
  • Northern Guilford Middle School Rated A-
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Stop by this Beautiful 4 Bedroom, 2.1 bath home in desirable school district. This spacious floor plan features a large eat in kitchen with updated appliances. The primary suite is inviting with walk in closets, soaking tub, and separate shower. In addition there are three large bedrooms, and laundry room upstairs, along with plentiful closet space. Enjoy the raised bed gardens in your lovely huge vinyl fenced backyard perfect for entertaining. Two car garage, low HOA that includes pool, tennis, and clubhouse. Close proximity to hiking trails, shopping, and the new loop.

Last Agent to Sell the Property

Tenial Spencer

License #288039 Listed on: 06/20/2022

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 2004

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Property is zoned RS1

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,980 Sq Ft Home
  • 1,700-2,100 Sq Ft Home
  • Property has 2 Levels
  • Pull Down Stairs to Attic
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 91064
  • 1% Total Tax Rate

Community Details

Overview

  • Storrington Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,750

Year Built

Built in 2004

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: Storrington
  • Directions: Lees Chapel to Yanceyville Rd. . Left on Townsend Farms Dr.
  • Above Grade Finished Sq Ft: 1980
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1700 - 2100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Cooktop, Dishwasher, Gas Water Heater
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1980
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Pool Features: Community
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 30
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 91064
  • Zoning: RS1
  • TRIADMLS_PricePerAcre: 1444444.4444
  • TRIADMLS_DeedPage: 00231
  • TRIADMLS_DeedBook: 006170
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1749.61
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Aug 2, 2022
Sold by
Chase Drm Llc
Bought by
Sfr Jv-2 Property Llc
Seller's Agent
Tenial Spencer
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$280,000
Sold Price
$260,000
Premium/Discount to List
-$20,000
-7.14%
Current Estimated Value
$304,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,942
Avg. Annual Appreciation
5.81%
Original Mortgage
$217,500
Outstanding Balance
$208,633
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$99,565

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 15, 2022
Sold by
Mitchell Terrence B and Mitchell Ann Mary
Bought by
Chase Drm Llc
Seller's Agent
Tenial Spencer
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$280,000
Sold Price
$260,000
Premium/Discount to List
-$20,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Outstanding Balance
$208,633
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$99,565

Purchase Details

Closed on
Sep 14, 2004
Sold by
Old South Home Co
Bought by
Mitchell Terrence B and Mitchell Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,700
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage
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
Sfr Jv-2 Property Llc $295,000 New Title Company Name
Chase Drm Llc $260,000 Paladin Law
Mitchell Terrence B $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Drm Llc $217,500
Previous Owner Mitchell Mary Ann $140,400
Previous Owner Mitchell Terrence B $131,544
Previous Owner Mitchell Terrence B $98,700
Closed Mitchell Terrence B $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $260,000 -7.1% $153 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $280,000 -- $165 / 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 $3,924 $279,700 $35,000 $244,700
2022 $2,234 $163,900 $35,000 $128,900
2021 $1,750 $125,600 $25,000 $100,600
2020 $1,750 $125,600 $25,000 $100,600
2019 $1,750 $125,600 $0 $0
2018 $1,699 $125,600 $0 $0
2017 $1,712 $125,600 $0 $0
2016 $1,707 $123,300 $0 $0
2015 $1,717 $123,300 $0 $0
2014 $1,729 $123,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tenial Spencer

    Seller's Agent in 2022

    Tenial Spencer

    (336) 455-1531

    1 in this area

    30 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    NONMEMBER NONMEMBER

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Map

Source: Triad MLS

MLS Number: 1073257

Triad MLS

APN: 0091064

North Carolina Guilford County Browns Summit 27214

701 Townsend Farm Dr, Browns Summit, NC

This home is located at 701 Townsend Farm Dr, Browns Summit, NC 27214 since 20 June 2022 and is currently estimated at $304,942, approximately $145 per square foot. This property was built in 2004. 701 Townsend Farm Dr is a home located in Guilford County with nearby schools including Ronald E. McNair Elementary School, Northern Guilford Middle School, and Northern Guilford High School.

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