NOT LISTED FOR SALE

5402 Horse Trail Rd Summerfield, NC 27358

Estimated Value: $1,151,608 - $1,341,000

4 Beds
5.5 Baths
7,700 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 22, 2017

Last sale price $550,000 $71 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $7,183/month

103 Days on Market

Highlights

  • Great Room with Fireplace
  • Wooded Lot
  • Wood Flooring
  • Summerfield Elementary School Rated A-
  • Transitional Architecture
  • Main Floor Primary Bedroom

About This Home

As of March 2017

Reduced! Beautiful Custom built home 4/BR (Master Ste on Main w/Dbl. Sided Fpl.), 5.1/BA w/Finished full basement (Gym, Theater, Game, Den/Office), Hardwoods throughout, Kitchen w/SS Appli., Breakfast Area, Formal Dining, Great Room w/Stone Fpl, Office/Den, 2nd Floor 3/BR, Office w/Closet, Private setting in quiet neighborhood! This house is selling below tax value! Motivated Seller~Bring Offers!!

Last Agent to Sell the Property

Teresa Coleman

Action Property, Inc. License #187694 Listed on: 11/08/2016

Last Buyer's Agent

Gina Mounce

Keller Williams Realty License #225874

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,729

Year Built

  • Built in 2008

Lot Details

  • 1.84 Acre Lot
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned RS-40

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 7,300 Sq Ft Home
  • 6,500-7,700 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Arched Doorways
  • Insulated Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Sump Pump
  • Walk-In Attic
  • Intercom
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Heat Pump System
  • Private Water Source
  • Electric Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association
  • Vanguard Properties Inc. Subdivision

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 0145660
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,729

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.84
  • Subdivision Name: Vanguard Properties Inc.
  • Directions: Take I-40 West Exit Hwy 68 toward PTI. Right on Pleasant Ridge Rd. Left Ashbey Lane, Right on Horse Trail Rd. House on Right
  • Above Grade Finished Sq Ft: 7300
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2008
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1100 - 1400
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 6500 - 7700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Exhaust Fan, Slide-In Oven/Range, Water Purifier, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Great Room, Guest Quarters, Arched Doorways, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Sound System, Vaulted Ceiling(s)
  • Other Equipment: Intercom, Sump Pump
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1300
  • Door Features: Insulated Doors
  • Fireplace Features: Double Sided, Blower Fan, Gas Log, Great Room, Primary Bedroom
  • Fireplaces: 2
  • Living Area: 7300
  • Main Level Bathrooms: 2
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Balcony, Lighting, Garden
  • Fencing: None
  • Lot Features: Partially Cleared, Sloped, Wooded
  • Construction Type: Brick
  • Other Structures: Storage

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Private Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Summerfield
  • High School: Northern
  • Middle Or Junior School: Northern

Lot Info

  • Parcel #: 0145660
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 358695.6522
  • TRIADMLS_PlatPage: 117
  • TRIADMLS_DeedPage: 2463
  • TRIADMLS_DeedBook: 7127
  • TRIADMLS_PlatBook: 120
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 6729
  • Tax Lot: 44
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.9185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2016
Closed on
Mar 22, 2017
Sold by
Ahmetovic Saban and Ahmetovic Velida
Bought by
Hargett Charles F
Seller's Agent
Teresa Coleman
Action Property, Inc.
Buyer's Agent
Gina Mounce
Keller Williams Realty
List Price
$695,000
Sold Price
$550,000
Premium/Discount to List
-$145,000
-20.86%
Current Estimated Value
$1,240,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$690,152
Avg. Annual Appreciation
9.95%
Original Mortgage
$424,000
Outstanding Balance
$351,604
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$888,548

Purchase Details

Closed on
Mar 22, 2010
Sold by
Ahemtovic Saban and Ahemtovic Velida
Bought by
Ahmetovic Saban and Ahmetovic Velida

Purchase Details

Closed on
Feb 14, 2007
Sold by
Wessal Habib and Wessal Khatol
Bought by
Ahemtovic Saban and Ahemtovic Velida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hargett Charles F $550,000 None Available
Ahmetovic Saban -- None Available
Ahemtovic Saban $65,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hargett Charles F $424,000
Previous Owner Ahemtovic Saban $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2017 03/22/17 Sold $550,000 -20.9% $85 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $695,000 -- $107 / 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
2025 $7,297 $820,800 $52,700 $768,100
2024 $7,297 $820,800 $52,700 $768,100
2023 $7,297 $820,800 $52,700 $768,100
2022 $7,297 $820,800 $52,700 $768,100
2021 $6,725 $756,500 $51,000 $705,500
2020 $6,628 $745,500 $51,000 $694,500
2019 $6,628 $745,500 $0 $0
2018 $6,594 $745,500 $0 $0
2017 $6,594 $745,500 $0 $0
2016 $6,726 $736,300 $0 $0
2015 $6,763 $736,300 $0 $0
2014 $6,837 $736,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Teresa Coleman

    Action Property, Inc.

    (336) 674-3168

    81 Total Sales

    Teresa Coleman
    Section Image
  • Gina Mounce

    Buyer's Agent in 2017

    Gina Mounce

    Keller Williams Realty

    (336) 830-2088

    70 Total Sales

    Gina Mounce
    Section Image
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Map

Source: Triad MLS

MLS Number: 813400

Triad MLS

APN: 0145660

North Carolina Guilford County Summerfield 27358

5402 Horse Trail Rd, Summerfield, NC

This home is located at 5402 Horse Trail Rd, Summerfield, NC 27358 since 08 November 2016 and is currently estimated at $1,240,152, approximately $161 per square foot. This property was built in 2008. 5402 Horse Trail Rd is a home located in Guilford County with nearby schools including Summerfield Elementary School, Northern Guilford Middle School, and Northern Guilford High School.

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