NOT LISTED FOR SALE

8419 Mears Fork Rd Summerfield, NC 27358

Estimated Value: $829,000 - $996,960

3 Beds
2.5 Baths
3,377 Sq Ft
$262/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $824,000 $244 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,173/month

1 Day on Market

Highlights

  • 300 Feet of Waterfront
  • Docks
  • Private Lot
  • Northern Elementary School Rated A-
  • Lake View
  • Wooded Lot

About This Home

As of October 2024

Spectacular lakefront property on a private 7.32 acre lot. This one story custom built home Includes approximately 300 feet of lake frontage with a private dock. Enjoy swimming, fishing & canoeing in the lake! Relax and take in the sights and sounds of your own private oasis from the spacious porch overlooking the water. An abundance of large windows offer panoramic views across the lake side of this home. Many custom features including vaulted ceilings in the living room. large kitchen island and an oversized primary suite. Walk up attic space offers endless possibilities for additional finished space. (Electrical and plumbing have already been started!) This property is truly one of a kind!

Last Agent to Sell the Property

Meredith Fuqua

Fathom Realty NC, LLC License #294482 Listed on: 08/16/2024

Fathom Realty NC, LLC

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,672

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 7.32 Acre Lot
  • 300 Feet of Waterfront
  • Lake Front
  • Private Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 3,377 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Lake Views

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Attic

  • Pull Down Stairs to Attic
  • Permanent Attic Stairs
  • Unfinished Attic

Outdoor Features

  • Docks
  • Front Porch

Schools

  • Guilford County Schools Elementary And Middle School
  • Guilford County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 138680

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,672

Year Built

Built in 1990 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1990
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Surface Type: Asphalt
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3377.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Flooring Carpet: Yes
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Flooring Wood: Yes
  • Foundation Details BrickMortar: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Water Frontage Length2: 300.0
  • Roof:Shingle: Yes
  • Lot Water Features Water View: Yes
  • General Property Information Above Grade Finished Area: 3377.0
  • Property Condition UpdatedRemodeled: Yes
  • Frontage Type Lakefront: Yes
  • View Lake2: Yes
  • General Property Information Lot Size Square Feet2: 318859.2
  • General Property Information Lot Size Acres: 7.32
  • General Property Information Stories2: 1
  • General Property Information Waterfront YN: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Walk-In Closet(s)
  • Appliances: Cooktop, Dishwasher, Double Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Cooktop: Yes
  • Appliances:Double Oven: Yes
  • Attic Features:Permanent Stairs: Yes
  • Interior Features:Kitchen Island: Yes

Exterior Features

  • Water Body Name: To Be Added
  • Roof: Shingle
  • Exterior Features: Dock
  • Acres: 7.32
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Brick
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Front Porch, Rear Porch
  • Lot Features:Wooded: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Private2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Exterior Features:Dock: Yes
  • Lot Features:Waterfront: Yes
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Total Parking Spaces: 8.0
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 8.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Guilford County Schools
  • Middle Or Junior School: Guilford County Schools

Lot Info

  • Lot Size Sq Ft: 318859.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 138680
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5672.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Guilford County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Oct 1, 2024
Sold by
Wishon Garrett and Wishon Pierina
Bought by
Thurman Dave and Thurman Anthony Rosalyn
Seller's Agent
Meredith Fuqua
Fathom Realty NC, LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$800,000
Sold Price
$824,000
Premium/Discount to List
$24,000
3%
Views
21
Current Estimated Value
$885,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,740
Avg. Annual Appreciation
7.49%
Original Mortgage
$659,200
Outstanding Balance
$652,452
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$233,288

Purchase Details

Closed on
Sep 30, 2021
Sold by
Leighton John Eric and Seligman Samantha
Bought by
Wishon Garrett and Wishon Pierina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2019
Closed on
Dec 13, 2019
Sold by
Mcgory Michael J and Mcgory Joanne
Bought by
Leighton John Eric and Leighton Samantha
Seller's Agent
Tammy Gardner
Howard Hanna Allen Tate Oak Ridge Commons
Buyer's Agent
Dustin Moore
Wilkinson Triad Realty
Sold Price
$505,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$454,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1996
Bought by
Mcgory Michael J
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
Thurman Dave $824,000 None Listed On Document
Wishon Garrett $665,000 Priority Title & Escrow
Leighton John Eric $505,000 None Available
Mcgory Michael J $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thurman Dave $659,200
Previous Owner Wishon Garrett $528,000
Previous Owner Leighton John Eric $454,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 Sold $824,000 +3.0% $244 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $800,000 +58.4% $237 / Sq Ft
02/07/2020 02/07/20 Sold $505,000 -- $163 / Sq Ft View Prior Sale
Source: Doorify 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 $5,729 $665,000 $249,100 $415,900
2024 $5,729 $665,000 $249,100 $415,900
2023 $5,729 $665,000 $249,100 $415,900
2022 $5,826 $676,300 $248,200 $428,100
2021 $3,447 $400,100 $126,400 $273,700
2020 $3,427 $400,100 $126,400 $273,700
2019 $3,427 $397,800 $0 $0
2018 $3,410 $397,800 $0 $0
2017 $3,410 $397,800 $0 $0
2016 $3,456 $390,100 $0 $0
2015 $3,476 $390,100 $0 $0
2014 $3,515 $390,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10047301

Doorify MLS

APN: 0138680