NOT LISTED FOR SALE

1240 Somerset Crossing Ln Kernersville, NC 27284

Glenwood/Kingswood Neighborhood

Estimated Value: $316,000 - $323,000

3 Beds
2.5 Baths
1,536 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $312,000 $203 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,941/month

About This Home

As of October 2022

Somerset Crossing 2 level, 3 bedroom, 2.5 bathroom home with an oversized 2 car garage now available to lease! Almost 1/3 of an acre offered with this 1500+sf of beautiful home. This location is close to fun, food, and the hospital. All 3 bedrooms are upstairs, as is the guest bathroom. The primary bedroom features an ensuite bathroom and plenty of closet space. There is a Filter Maintenance Program at the cost of $15/month due with rent. Pets are considered on a case by case basis with 3 pets max and a pet fee of $300 per pet, and a $25/ pet/ month rent. Please see agent notes to schedule a tour or to apply with the property management company. Refer to attachments. Tenants are responsible for additional utilities and renters insurance. $150 admin fee due at move-in.

Last Agent to Rent the Property

Courtney Hall

Hall Realty Results License #309575 Listed on: 09/29/2022

Last Renter's Agent

Courtney Hall

Hall Realty Results License #309575 Listed on: 09/29/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 0.29 Acre Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6875508658

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.29
  • Directions: From I-40 West, Right on Union Cross Rd, Right on Somerset Crossing Lane.
  • Year Built: 1995
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

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

Exterior Features

  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 6875508658
  • TRIADMLS_PricePerAcre: 5603.4483
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2355
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2022
Closed on
Jun 22, 2022
Sold by
Bernilda Lewis
Bought by
Mcfi Sfr Property Owner 4 Llc
Seller's Agent
Kimberly Diop
RE/MAX Revolution
Buyer's Agent
Steve Casselman
eXp Realty LLC
List Price
$290,000
Sold Price
$312,000
Premium/Discount to List
$22,000
7.59%
Current Estimated Value
$318,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,852
Avg. Annual Appreciation
0.15%

Purchase Details

Listed on
May 30, 2022
Closed on
May 26, 2022
Sold by
Ladd and Marley
Bought by
Lewis Bermilda
Seller's Agent
Kimberly Diop
RE/MAX Revolution
Buyer's Agent
Steve Casselman
eXp Realty LLC
List Price
$290,000
Sold Price
$312,000
Premium/Discount to List
$22,000
7.59%

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 18, 2020
Sold by
Allen Timothy M and Smith Trudy Jones
Bought by
Ladd Michael and Davis Marley
Seller's Agent
Tracy Turner
Real Broker LLC
Buyer's Agent
Jeffrey Rich
TheOne.Homes
Sold Price
$196,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.40%
Original Mortgage
$2,957,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2019
Sold by
Allen Timothy M
Bought by
Smith Trudy J and Allen Timothy M

Purchase Details

Listed on
Oct 4, 2014
Closed on
Jun 16, 2015
Sold by
Byrd James Harold and Byrd Kathryn H
Bought by
Allen Timothy M
Buyer's Agent
Sandra Lenins
D & S Prime Properties
List Price
$142,900
Sold Price
$139,900
Premium/Discount to List
-$3,000
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$139,900
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Jun 2, 1995
Bought by
Byrd and Byrd
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
Mcfi Sfr Property Owner 4 Llc $312,000 Hankin & Pack Pllc
Lewis Bermilda $285,000 Barbara Stewart Pllc
Ladd Michael $193,500 None Available
Smith Trudy J -- None Available
Allen Timothy M $140,000 None Available
Byrd $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ladd Michael $2,957,500
Previous Owner Allen Timothy M $139,900
Previous Owner Byrd James Harold $15,298
Previous Owner Byrd James Harold $113,500
Previous Owner Byrd James Harold $10,637
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Rented $1,625 0.0% --
06/23/2022 06/23/22 Sold $312,000 +7.6% $240 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $290,000 +48.0% $223 / Sq Ft
07/23/2020 07/23/20 Sold $196,000 +40.1% $140 / Sq Ft
06/19/2015 06/19/15 Sold $139,900 -2.1% $108 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
10/04/2014 10/04/14 For Sale $142,900 -- $110 / 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 $2,431 $188,300 $39,000 $149,300
2022 $2,355 $183,000 $39,000 $144,000
2021 $2,355 $183,000 $39,000 $144,000
2020 $1,997 $145,100 $31,000 $114,100
2019 $2,012 $145,100 $31,000 $114,100
2018 $1,968 $145,100 $31,000 $114,100
2016 $1,759 $129,725 $28,000 $101,725
2015 $1,724 $129,725 $28,000 $101,725
2014 $1,705 $129,725 $28,000 $101,725
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Diop

    Seller's Agent in 2022

    Kimberly Diop

    RE/MAX

    (336) 210-1204

    1 in this area

    96 Total Sales

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  • Courtney Hall

    Landlord's Agent in 2022

    Courtney Hall

    Hall Realty Results

    (336) 953-1022

    53 Total Sales

    Section Image

  • S

    Buyer's Agent in 2022

    Steve Casselman

    eXp Realty LLC

    (704) 773-4345

    3 in this area

    1,965 Total Sales

    Section Image
  • Tracy Turner

    Seller's Agent in 2020

    Tracy Turner

    Real Broker LLC

    (336) 209-9966

    1 in this area

    98 Total Sales

    Section Image
  • Jeffrey Rich

    Buyer's Agent in 2020

    Jeffrey Rich

    TheOne.Homes

    (336) 212-4055

    1 in this area

    130 Total Sales

    Section Image

  • S

    Buyer's Agent in 2015

    Sandra Lenins

    D & S Prime Properties

    (336) 687-5917

    1 in this area

    84 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 1085773

Triad MLS

APN: 6875-50-8658

North Carolina Forsyth County Kernersville 27284 Glenwood/Kingswood

1240 Somerset Crossing Ln, Kernersville, NC

This home is located at 1240 Somerset Crossing Ln, Kernersville, NC 27284 since 29 September 2022 and is currently priced at $318,852. This property was built in 1995. 1240 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.

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