Come build your dream home with Otey Construction! This home site is located in the Rivers Edge subdivision in Summerfield. Bring your current home plans or we would be happy to sit down with you a create some. Please feel free to reach out to the listing agent for any questions you may have.
Property Details
Property Features
Listing Office:
Office Name: Otey Homes and Land
Office Phone: (336) 430-6552
Listing Agent: Jack Bickham
Lot Features
Lot Information:
Lot: Cleared, Cul-De-Sac
Lot Size: 0.77 Acres
Other
Directions Information:
Directions: North on Lake Brandt Rd, right on Witty Rd., LEft on Rivers Edge Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $99,000
HOA Fees:
Amount: $60
Frequency: Monthly
Tax Information:
Annual Amount: $732
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Summerfield, NC.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$622
Per Month
Principal & Interest
$495
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$60
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$363
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Northern Guilford Elementary School
3801 NC Highway 150 E
Distance between this listing and this school4.46 miles
Public District Grades KG-5
6
/10
Summerfield Elementary School
7501 Summerfield Rd
Distance between this listing and this school4.67 miles
Public District Grades KG-5
7
/10
Bethany Elementary School
271 Bethany Rd
Distance between this listing and this school4.70 miles
Public District Grades KG-5
Nearby Schools
7
/10
Northern Guilford Middle School
616 Simpson Calhoun Rd
Distance between this listing and this school3.48 miles
Public District Grades 6-8
10
/10
Summerfield Charter Academy
5303 US Highway 220 N
Distance between this listing and this school4.18 miles
Public Charter Grades KG-8
10
/10
Greensboro Academy
4049 Battleground Ave
Distance between this listing and this school6.74 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Bethany Community School
1288 Hudson Rd
Distance between this listing and this school1.74 miles
Public Charter Grades 6-12
6
/10
Northern Guilford High School
7101 Spencer Dixon Rd
Distance between this listing and this school3.30 miles
Public District Grades 9-12
5
/10
Piedmont Classical High School
4100 Yanceyville Rd
Distance between this listing and this school8.21 miles
The neighbors living near this home have an average income of $91,791. Residents of Summerfield, NC typically earn between $35k-100k each year. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2521 Rivers Edge Rd
What is the listing price of this property?
The listing price of 2521 Rivers Edge Rd property is $99,000.
What type of property is this?
The property 2521 Rivers Edge Rd is land located in Summerfield, North Carolina, 27358.
Is this property for sale now?
Active Listing: 2521 Rivers Edge Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $732 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 1, 2021 for $80,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2521 Rivers Edge Rd in Summerfield, NC and zip code 27358. This home sits on a 0.77 acre lot. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $99,000.
In November 2024 more than 4 listings in Summerfield, NC were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 9 were sold below. The number of homes for sale in Summerfield, NC decreased by 4.2% between October 2024 and November 2024. In November 2024, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $594,250.
From Rocket Homes Real Estate and based on county public records data.