NOT LISTED FOR SALE

7920 Old Reidsville Rd Browns Summit, NC 27214

Estimated Value: $251,724 - $294,000

3 Beds
1 Bath
1,800 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $160,000 $89 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,525/month

16 Days on Market

Highlights

  • 13.71 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Living Room with Fireplace
  • Attached Carport

About This Home

As of February 2019

Looking for a garage to do Auto-mechanics or land to farm, this is the perfect spot. Functioning Auto mechanic garage with 3 bedroom brick home located off 150 on 13.71 acres. Home needs a ton of work however lots of potential awaits. Bring your DIY belt and make this a beauty! Will need to be cash or land loan due to land values more than home.

Last Agent to Sell the Property

Crystal Hutchens

Premier Realty NC License #281630 Listed on: 12/15/2018

Last Buyer's Agent

Crystal Hutchens

Premier Realty NC License #281630 Listed on: 12/15/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,048

Year Built

  • Built in 1936

Lot Details

  • 13.71 Acre Lot
  • Cleared Lot
  • Property is zoned RS-30

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,693 Sq Ft Home
  • 1,500-1,800 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 3 Fireplaces

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0114049
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,048

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 13.71
  • Subdivision Name: None
  • Directions: Corner of Hwy 150 and Old Reidsville Rd
  • Above Grade Finished Sq Ft: 1693
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1936
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1800
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Cellar
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Primary Bedroom, See Remarks
  • Fireplaces: 3
  • Living Area: 1693
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • 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 #: 0114049
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 10940.919
  • TRIADMLS_DeedPage: 0464
  • TRIADMLS_DeedBook: 1038
  • TRIADMLS_AcresRange: 12 - 14

Tax Info

  • Tax Annual Amount: 1048
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.8604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2018
Closed on
Feb 15, 2019
Sold by
Faucette George Arnold
Bought by
Kernodle Andrew Jennings and Kernodle Aubum Kristianne
Seller's Agent
Crystal Hutchens
Premier Realty NC
Buyer's Agent
Crystal Hutchens
Premier Realty NC
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Current Estimated Value
$269,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,681
Avg. Annual Appreciation
8.13%
Original Mortgage
$120,000
Outstanding Balance
$91,633
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$178,048
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
Kernodle Andrew Jennings $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kernodle Andrew Jennings $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $160,000 +6.7% $107 / Sq Ft
01/01/2019 01/01/19 Pending -- -- --
12/15/2018 12/15/18 For Sale $150,000 -- $100 / 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 $1,203 $135,100 $102,100 $33,000
2024 $1,203 $135,100 $102,100 $33,000
2023 $1,203 $135,100 $102,100 $33,000
2022 $898 $170,100 $102,100 $68,000
2021 $615 $142,400 $105,000 $37,400
2020 $615 $142,400 $105,000 $37,400
2019 $606 $69,672 $0 $0
2018 $596 $69,672 $0 $0
2017 $599 $69,672 $0 $0
2016 $560 $63,272 $0 $0
2015 $563 $63,272 $0 $0
2014 $569 $63,272 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 912483

Triad MLS

APN: 0114049