NOT LISTED FOR SALE

Estimated Value: $286,000 - $312,000

3 Beds
2.5 Baths
1,432 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 22, 2013

Last sale price $117,500 $82 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,807/month

About This Home

As of January 2020

This home is located at 1220 Somerset Crossing Ln, Kernersville, NC 27284 since 13 November 2019 and is currently priced at $298,797. This property was built in 1995. 1220 Somerset Crossing Ln is a home located in Forsyth County with nearby schools including Caleb's Creek Elementary School, Southeast Middle School, and R.B. Glenn High School.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 0.26

Parking

  • 1 Car Attached Garage
  • Driveway

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6875507738

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential Lease
  • Directions: Take I-40 E. Take exit 201 for Union Cross Rd. Tur left onto Union Cross Rd. Turn right onto Somerset Crossing ln.
  • Year Built: 1995
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Attached
  • Garage Description: Attached Garage

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 6875507738
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 1866
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2013
Closed on
Aug 21, 2013
Sold by
The Secretary Of Veterans Affairs
Bought by
American Homes 4 Rent Properties Five Ll
Buyer's Agent
Angela Ford
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$120,000
Sold Price
$117,500
Premium/Discount to List
-$2,500
-2.08%
Current Estimated Value
$297,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,799
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
Mar 2, 2013
Sold by
Rieman Jeffrey Thomas and Rieman Mary Elizabeth
Bought by
Secretray Of Veterans Affairs

Purchase Details

Closed on
Jul 29, 2007
Sold by
Dellarena Joseph and Dellarena Lori M
Bought by
Rieman Jeffrey Thomas and Rieman Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,096
Interest Rate
6.65%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
American Homes 4 Rent Properties Five Ll -- None Available
Secretray Of Veterans Affairs -- None Available
Rieman Jeffrey Thomas $144,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amh 2015-1 Borrower Llc $552,830,000
Previous Owner Rieman Jeffrey Thomas $147,096
Previous Owner Dellarena Joseph $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Rented $1,250 -3.5% --
12/09/2019 12/09/19 Under Contract -- -- --
11/13/2019 11/13/19 For Rent $1,295 +12.6% --
08/31/2015 08/31/15 Rented $1,150 0.0% --
08/01/2015 08/01/15 Under Contract -- -- --
07/26/2015 07/26/15 For Rent $1,150 +5.0% --
04/30/2014 04/30/14 Rented $1,095 -3.9% --
03/31/2014 03/31/14 Under Contract -- -- --
02/26/2014 02/26/14 For Rent $1,140 0.0% --
08/22/2013 08/22/13 Sold $117,500 -2.1% $82 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $120,000 -- $84 / 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
2023 $2,245 $173,300 $39,000 $134,300
2022 $2,235 $173,300 $39,000 $134,300
2021 $2,235 $173,300 $39,000 $134,300
2020 $1,894 $137,200 $31,000 $106,200
2019 $1,907 $137,200 $31,000 $106,200
2018 $1,866 $137,200 $31,000 $106,200
2016 $1,685 $123,950 $28,000 $95,950
2015 $1,651 $123,950 $28,000 $95,950
2014 $1,633 $123,950 $28,000 $95,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 956829

Triad MLS

APN: 6875-50-7738