$38,250
SOLD APR 9, 2012

8205 Spotswood Rd Summerfield, NC 27358

3 Beds
1 Bath
1,000 Sq Ft
1 Acres

Recently Sold

$38 Per Sq Ft

38% Below List Price

106 Days on Market

Highlights

  • No HOA
  • Stokesdale Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of July 2013

A must see. Nice 3 bedroom home. Hardwood Floors, sits on +/- 1.0 acre lot. Close access to highway.

Last Agent to Sell the Property

Alton Cooper

Cooper Realty License #212467 Listed on: 12/06/2011

Last Buyer's Agent

Melissa Shelar

Allen Tate Oak Ridge Commons License #204882

Allen Tate Oak Ridge Commons

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $764

Year Built

  • Built in 1957

Lot Details

  • 1 Acre Lot
  • Property is zoned RS-30

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • No Heating
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Doris G Payne Prop Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0147328
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$764

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Subdivision Name: Doris G Payne Prop
  • Directions: FROM GREENSBORO TAKE HWY 220 NORTH. RIGHT ON SPOTSWOOD RD
  • Above Grade Finished Sq Ft: 1000
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1957
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1000
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air, Oil
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0147328
  • Zoning: RS-30
  • TRIADMLS_DeedPage: 0
  • TRIADMLS_DeedBook: 0

Tax Info

  • Tax Annual Amount: 764
  • Tax Year: 2010
  • TRIADMLS_TaxRate: 0.8781

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2013
Closed on
Jul 31, 2013
Sold by
Hoeflick Richard C and Hoeflick Melissa N
Bought by
Lord Shawn L and Lord Shawn Lyn
Seller's Agent
Melissa Shelar
Allen Tate Oak Ridge Commons
Buyer's Agent
Nancy Davis
House Hunter Real Estate
List Price
$123,000
Sold Price
$116,900
Premium/Discount to List
-$6,100
-4.96%
Current Estimated Value
$228,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,297
Avg. Annual Appreciation
5.59%
Original Mortgage
$119,285
Outstanding Balance
$89,092
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$136,849

Purchase Details

Listed on
Dec 6, 2011
Closed on
Apr 10, 2012
Bought by
Hoeflick Richard C
Seller's Agent
Alton Cooper
Cooper Realty
Buyer's Agent
Melissa Shelar
Allen Tate Oak Ridge Commons
List Price
$61,900
Sold Price
$38,250
Premium/Discount to List
-$23,650
-38.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
134.62%

Purchase Details

Closed on
Oct 3, 2011
Sold by
Stockdale Pamela C
Bought by
Self Help Ventures Fund

Purchase Details

Closed on
Jun 29, 2000
Sold by
Everette Rodney L and Everette Kelly A
Bought by
Stockdale Pamela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,600
Interest Rate
8.63%
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 Type Sale Price Title Company
Warranty Deed $117,000 None Available
Deed $38,500 --
Trustee Deed $66,308 None Available
Warranty Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,285 New Conventional
Previous Owner $83,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $116,900 -5.0% $108 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $123,000 +221.6% $114 / Sq Ft
04/09/2012 04/09/12 Sold $38,250 -38.2% $38 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
12/06/2011 12/06/11 For Sale $61,900 -- $62 / 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 $1,225 $142,200 $56,000 $86,200
2023 $1,225 $142,200 $56,000 $86,200
2022 $1,225 $142,200 $56,000 $86,200
2021 $980 $113,700 $35,000 $78,700
2020 $980 $113,700 $35,000 $78,700
2019 $980 $113,700 $0 $0
2018 $975 $113,700 $0 $0
2017 $980 $113,700 $0 $0
2016 $1,002 $113,100 $0 $0
2015 $1,008 $113,100 $0 $0
2014 $1,019 $113,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 629054

Triad MLS

APN: 0147328