NOT LISTED FOR SALE

8166 Spearman Rd Browns Summit, NC 27214

Estimated Value: $621,000 - $1,097,000

3 Beds
4 Baths
4,400 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $821,000 $187 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,400/month

73 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • 10.64 Acre Lot
  • Northern Elementary School Rated A-
  • In Ground Pool
  • Great Room with Fireplace

About This Home

As of July 2022

Enjoy 10+ acres on this charming farm estate! Cozy up indoors in one of the two downstairs living spaces in front of the wood-burning fireplace. Or have some fun outside in the in-ground pool, on the large deck, or on the stone patio with an outdoor fireplace! Come from the pool into your drop-zone in the laundry room with access to the half bath downstairs. Every room in the house has a pasture view to look out on the animals when they're not in the 5-Stall barn with a run-out pasture, wash-pit, hay loft, and separate tack room with a sink. Drive up the circle driveway and through the gates into your next farm, fenced and full of character!

Last Agent to Sell the Property

Nancy Hess

Berkshire Hathaway HomeServices Yost & Little Realty License #145797 Listed on: 04/15/2022

Berkshire Hathaway HomeServices Yost & Little Realty

Co-Listed By

Hannah Warren

Berkshire Hathaway HomeServices Yost & Little Realty License #332042

Last Buyer's Agent

Michael Fleming

Berkshire Hathaway HomeServices Yost & Little Realty License #89670

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,738

Year Built

  • Built in 1988

Lot Details

  • 10.64 Acre Lot
  • Rural Setting
  • Fenced
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned AG

Parking

  • 4 Car Garage
  • Circular Driveway

Home Design

  • Farmhouse Style Home
  • Wood Siding
  • Stone

Interior Spaces

  • 4,152 Sq Ft Home
  • 3,700-4,400 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Storage
  • Porch

Schools

  • Northern Middle School
  • Northern High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 8662 / 88
  • Assessor Parcel Number 130188
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,738

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 10.64
  • Co List Office Mls Id: GYLR01
  • Co List Office Phone: 336-272-0151
  • Subdivision Name: None
  • Directions: NC-150 E towards Browns Summit, L on Spearman Road, Property less than 1 mile down on the R.
  • Above Grade Finished Sq Ft: 4152
  • Architectural Style: Farm House
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1988
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3700 - 4400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Gas Cooktop, Electric Water Heater, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Great Room, Guest Quarters, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Living Room, Outside
  • Fireplaces: 3
  • Living Area: 4152
  • Main Level Bathrooms: 3
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 2
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Lighting, Garden
  • Fencing: Fenced, Privacy
  • Lot Features: Horses Allowed, Cleared, Level, Partially Wooded, Pasture, Rural
  • Pool Features: In Ground, Private
  • Exclusions: Dining Room Light Fixture, Outdoor Play Set, All Refrigerators
  • Construction Type: Stone, Wood Siding
  • Other Structures: Barn(s), Storage
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Driveway, Garage, Circular Driveway, Garage Door Opener, Attached, Detached
  • Garage Description: Attached Garage, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric, Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Northern
  • High School: Northern
  • Middle Or Junior School: Northern

Lot Info

  • Parcel #: 130188
  • Zoning: AG
  • TRIADMLS_PricePerAcre: 82236.8421
  • TRIADMLS_PlatPage: 93
  • TRIADMLS_DeedPage: 1203
  • TRIADMLS_DeedBook: 7954
  • TRIADMLS_PlatBook: 88
  • TRIADMLS_AcresRange: 10 - 11

Tax Info

  • Tax Annual Amount: 4738.46
  • Tax Block: 88
  • Tax Lot: 8662
  • Tax Map Number: 7970
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.8704

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jul 7, 2022
Sold by
Dean-Wallace Family Trust
Bought by
Scott Jon B and Scott Kristie J
Seller's Agent
Nancy Hess
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Michael Fleming
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$924,000
Sold Price
$821,000
Premium/Discount to List
-$103,000
-11.15%
Current Estimated Value
$892,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,332
Avg. Annual Appreciation
2.67%
Original Mortgage
$121,000
Outstanding Balance
$115,295
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$777,037

Purchase Details

Closed on
Jul 14, 2017
Sold by
Wall Thomas C and Wall Anna R
Bought by
Dean Jeffrey W and Wallace Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2007
Sold by
Johnson Warren Carrie A
Bought by
Wall Thomas C and Wall Anna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2005
Sold by
Adamson Reggie and Adamson Cynthia
Bought by
Johnson Warren Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 25, 2002
Sold by
White Stephen M and White Alice J
Bought by
Adamson Reggie and Adamson Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.14%
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
Scott Jon B $821,000 Iddings & Thacker Pllc
Dean Jeffrey W $755,000 None Available
Wall Thomas C $615,000 None Available
Johnson Warren Carrie A $580,000 None Available
Adamson Reggie $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Kristie Jo $50,000
Open Scott Jon B $121,000
Previous Owner Dean-Wallace Family Trust $518,000
Previous Owner Dean Jeffey W $518,000
Previous Owner Dean Jeffrey W $555,000
Previous Owner Wall Thomas C $615,000
Previous Owner Warren Carrie A $47,650
Previous Owner Johnson Warren Carrie A $464,000
Previous Owner Adamson Reggie $330,000
Previous Owner Adamson Reggie $340,000
Previous Owner White Stephen M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $821,000 -6.2% $222 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
05/02/2022 05/02/22 Price Changed $875,000 -5.3% $236 / Sq Ft
04/15/2022 04/15/22 For Sale $924,000 -- $250 / 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 $6,576 $711,200 $134,600 $576,600
2023 $6,576 $711,200 $134,600 $576,600
2022 $6,428 $738,500 $134,600 $603,900
2021 $4,738 $544,400 $88,700 $455,700
2020 $4,738 $544,400 $88,700 $455,700
2019 $4,738 $544,400 $0 $0
2018 $4,661 $544,400 $0 $0
2017 $4,661 $544,400 $0 $0
2016 $4,637 $524,000 $0 $0
2015 $4,663 $524,000 $0 $0
2014 $4,584 $505,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1065942

Triad MLS

APN: 0130188