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4922 Old Way Road

4922 Old Way Road, Browns Summit, NC 27214
House in Guilford
Sold Nov 08, 2019
$247,000
$234,600 by Fairway Independent Mortgage C
Mortgage Due Dec 01, 2049
Sold Oct 20, 2010
$226,000
$222,997 by Midcarolina Bank
Mortgage Due Nov 01, 2040
4922 Old Way Road in Browns Summit, NC was first built in 1975 and is 49 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4922 Old Way Road has 2,234 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 119,354 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gambrel style roof made of asphalt. For those who need parking, there is a garage. The garage is 280 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4922 Old Way Road sold most recently in Nov 8, 2019 for a total of $247,000. If you work out the math, that's approximately a cost of $110.56 per sqft. Before that, the property was also sold for $226,000 in Oct 19, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,210 in taxes each year. 4922 Old Way Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $253,900. If we break it down further, the land itself was valued at $51,400. Improvements to the property, however, were assessed at a total of $202,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 119,354
  • Lot Size Frontage Feet: 1,900
  • Total Building Area: 2,234
  • Gross Building Area: 2,234
  • Building Area: 2,234
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,234
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OTTIS GORDON
  • Land Acres: 2.74
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROBERT J.& TAKFOON F. KNIGHT LO2

Ownership

  • Current Owner : OSBORNE JOSHUA BRADLEY
  • Current Owner 2: BAKER ALANA FAYE
  • Previous Owner : KNIGHT ROBERT J
  • Previous Owner 2: KNIGHT TAKFOON F
  • Owner Before Previous Owner: GORDON EDWARD L
  • Owner Before Previous Owner 2: GORDON CYNTHIA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Guilford County Schools
  • School Tax School District: NORTHEAST
  • Census Tract: 015100

Zoning

  • Zoning: RS-30

Geography

  • Assessors Map Reference: MAP 7899861967
  • District: 04
  • Parcel: 0114020
  • Block: 38100
  • Lot: 2
  • Meridian: TWN 04
  • Municipality: MADISON
  • Latitude: 36.2127
  • Longitude: -79.6846

    Address

  • Full Address: 4922 Old Way Rd
  • Address - House Number: 4922
  • Address - Street Name: Old Way
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Browns Summit
  • Carrier Code: R007
  • 4-Digit Zip Code: 9715
  • Zip Code: 27214

Valuation

    Tax

  • Total Area: 2,202
  • Tax Year: 2023
  • Tax Amount: $2,210

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 74
  • Final Value: 376,087
  • High Value: 448,683
  • Low Value: 303,491

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $234,600
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Nov 08, 2019
  • First Open Lien Mortgage Loan Amount: $234,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $253,900
  • Market Land Value: $51,400
  • Market Improvement Value: $202,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,900
  • Assessed Land Value: $51,400
  • Assessed Improvements Value: $202,500

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 08, 2019
  • Current Sale Transaction ID: 11677832302
  • Current Sale Price: $247,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019061419
  • Previous Sale Recording Date: Oct 20, 2010
  • Previous Sale Contract Date: Oct 19, 2010
  • Previous Sale Amount: $226,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Nov 08, 2019
  • First Mortgage Loan Amount: $234,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MIDCAROLINA BANK
  • Previous Mortgage Transaction Date: Oct 20, 2010
  • Previous Mortgage Loan Amount: $222,997
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2040

About Guilford



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Frequently Asked Questions

What neighborhood is 4922 Old Way Road located in?
The 4922 Old Way Road is a house located in the neighborhood of Guilford in Guilford, Browns Summit.
What is the average sales price for listings in 4922 Old Way Road?
The average sales price for units in 4922 Old Way Road is $259,000 currently.

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