NOT LISTED FOR SALE

8907 Clear Springs Rd Oak Ridge, NC 27310

Estimated Value: $532,646 - $590,000

4 Beds
3 Baths
2,500 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $299,000 $120 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,227/month

19 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Oak Ridge Elementary School Rated A-
  • Porch
  • Forced Air Zoned Heating and Cooling System

About This Home

As of June 2017

Great all brick home in Pepper Ridge subdivision. Large living room with gas log fireplace opens up to eat in kitchen. Separate dining room. Bedroom and full bath on main level, all others upstairs. Spacious master bedroom with tray ceiling. Master bath has jetted tub with separate shower and double sinks. Large walk in closet, Laundry room on second level. House has side entry garage with long driveway for lots of parking. Level back yard. AGENT IS SELLER. Lease/option available

Last Buyer's Agent

Ramilya Seigel

KELLER WILLIAMS REALTY License #160857

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 103 x 150 x 102 x 150
  • Level Lot
  • Property is zoned CU-PDR

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,356 Sq Ft Home
  • 2,100-2,500 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer Hookup

Outdoor Features

  • Porch

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Pepper Ridge Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 0165898
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,276

Year Built

Built in 2004

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 103 x 150 x 102 x 150
  • Subdivision Name: Pepper Ridge
  • Directions: 68 North to Hwy 150 W. Turn left on Hwy 150 W , Turn right on Pepper Rd. left on Clear Springs Rd. House is on the left.
  • Above Grade Finished Sq Ft: 2356
  • Architectural Style: Cape Cod
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2100 - 2500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Exhaust Fan, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Pantry, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2356
  • Main Level Bathrooms: 1
  • Attic Description: Eave Storage, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Lighting
  • Fencing: None
  • Lot Features: Level, Subdivided
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Fireplace(s), Forced Air, Zoned, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Oak Ridge
  • High School: Northwest
  • Middle Or Junior School: Northwest

Lot Info

  • Parcel #: 0165898
  • Zoning: CU-PDR
  • TRIADMLS_PlatPage: 10-11
  • TRIADMLS_DeedPage: 2370
  • TRIADMLS_DeedBook: 6397
  • TRIADMLS_PlatBook: 154
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 2276
  • Tax Block: 0
  • Tax Lot: 3
  • Tax Map Number: 0
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.755

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2017
Closed on
May 22, 2017
Sold by
Wright Michael D and Wright Jeunesse
Bought by
Palani Somasundaram and Govindan Vijayalakshmi
Buyer's Agent
Ramilya Seigel
KELLER WILLIAMS REALTY
List Price
$315,000
Sold Price
$299,000
Premium/Discount to List
-$16,000
-5.08%
Current Estimated Value
$561,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,412
Avg. Annual Appreciation
7.78%
Original Mortgage
$239,200
Outstanding Balance
$198,211
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$363,201

Purchase Details

Closed on
Sep 12, 2005
Sold by
Disney Construction Co
Bought by
Wright Michael D and Wright Jeunesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac
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
Palani Somasundaram $299,000 None Available
Wright Michael D $295,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palani Somasundaram $239,200
Previous Owner Wright Michael D $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2017 06/02/17 Sold $299,000 -5.1% $142 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $315,000 0.0% $150 / Sq Ft
09/19/2014 09/19/14 Rented $1,900 -5.0% --
08/20/2014 08/20/14 Under Contract -- -- --
07/23/2014 07/23/14 For Rent $2,000 -- --
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 $3,042 $356,500 $85,000 $271,500
2024 $3,042 $356,500 $85,000 $271,500
2023 $3,042 $356,500 $85,000 $271,500
2022 $2,953 $356,500 $85,000 $271,500
2021 $2,497 $301,500 $55,000 $246,500
2020 $2,497 $301,500 $55,000 $246,500
2019 $2,497 $301,500 $0 $0
2018 $0 $301,500 $0 $0
2017 $2,513 $301,500 $0 $0
2016 $2,374 $280,500 $0 $0
2015 $2,389 $280,500 $0 $0
2014 $2,418 $280,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 826701

Triad MLS

APN: 0165898