NOT LISTED FOR SALE

8505 Richardsonwood Rd Browns Summit, NC 27214

Estimated Value: $513,000 - $528,580

1.34 Acres
$389,951 Price per Acre
58,327 Sq Ft Lot

Last Sold October 31, 2018

Last sale price $47,500 $54 Per Sq Ft

Est. 999% increase in value since last sale

Current estimated payment $3,048/month

677 Days on Market

Highlights

  • Partially Wooded Lot
  • No HOA
  • Level Lot
  • Northern Elementary School Rated A-

About This Lot

As of October 2018

1.339 Acres nestled in the hardwoods! Private setting in Northern Schools. Bring your builder or use ours.
No time limit to build, buy now and build later. Level lot with long private drive. No HOA Dues but some restriction apply. Architectural approval required by developer. Current septic permit allows for a 4 bedroom home.

Last Agent to Sell the Property

Nancy Hess

Berkshire Hathaway HomeServices Yost & Little Realty License #145797 Listed on: 10/07/2016

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Nancy Hess

Berkshire Hathaway HomeServices Yost & Little Realty License #145797 Listed on: 10/07/2016

Berkshire Hathaway HomeServices Yost & Little Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $248

Lot Details

  • 1.34 Acre Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RS-40

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Richardson Woods Subdivision

Listing and Financial Details

  • Legal Lot and Block 7950 / 48
  • Assessor Parcel Number 0221275
  • 0% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$248

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 1.339
  • Road Frontage Type: 2-Lane, Public
  • Road Surface Type: Paved
  • Subdivision Name: Richardson Woods
  • Directions: From NC HWY 150, turn North onto Fairgrove Church Rd, pass the Wellington neighborhood to next left onto Richardsonwood Rd. There are 4 lots left!
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Level, Partially Cleared, Partially Wooded
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Septic Tank
  • Electric: Duke Power
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0221275
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 35474.2345
  • TRIADMLS_PlatPage: 69
  • TRIADMLS_DeedPage: 232-233
  • TRIADMLS_DeedBook: 7590
  • TRIADMLS_PlatBook: 186
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 248
  • Tax Block: 48
  • Tax Lot: 7950
  • Tax Map Number: 7980
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.0885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
Nov 1, 2018
Sold by
Dads Farm Llc
Bought by
Tori Leahumber
Seller's Agent
Nancy Hess
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Nancy Hess
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$54,000
Sold Price
$47,500
Premium/Discount to List
-$6,500
-12.04%
Current Estimated Value
$522,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,645
Avg. Annual Appreciation
40.98%
Original Mortgage
$346,860
Outstanding Balance
$303,867
Interest Rate
4.62%
Mortgage Type
Construction
Estimated Equity
$218,278

Purchase Details

Listed on
Sep 9, 2013
Closed on
Apr 21, 2014
Sold by
Mitchell Doris and Gonzalez Gilbert A
Bought by
Dads Farms Llc
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.19%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tori Leahumber $47,500 None Available
Dads Farms Llc $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tori Leahumber $346,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2018 10/31/18 Sold $47,500 -12.0% $54 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
10/07/2016 10/07/16 For Sale $54,000 -43.2% $61 / Sq Ft
04/21/2014 04/21/14 Sold $95,000 0.0% $113 / Sq Ft View Prior Sale
11/15/2013 11/15/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $95,000 -- $113 / 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 $3,457 $388,300 $67,500 $320,800
2024 $3,457 $388,300 $67,500 $320,800
2023 $3,457 $388,300 $67,500 $320,800
2022 $3,380 $388,300 $67,500 $320,800
2021 $2,972 $341,400 $58,500 $282,900
2020 $2,972 $341,400 $58,500 $282,900
2019 $509 $58,500 $0 $0
2018 $0 $58,500 $0 $0
2017 $503 $58,500 $0 $0
2016 $248 $28,000 $0 $0
2015 $249 $28,000 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 810606

Triad MLS

APN: 0221275