NOT LISTED FOR SALE

6806 Palomino Ridge Ct Summerfield, NC 27358

Estimated Value: $1,162,263 - $1,506,000

5 Beds
5.5 Baths
7,400 Sq Ft
$173/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $650,000 $88 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $7,463/month

504 Days on Market

Highlights

  • 3 Fireplaces
  • Community Pool
  • 3 Car Attached Garage
  • Summerfield Elementary School Rated A-
  • Porch
  • Intercom

About This Home

As of April 2016

Beautiful home in a tranquil setting on 2.55 acres. Attention to detail w/arched doorways & moldings. Stunning fireplace w/hand carved mantle. Kitchen boasts professional 6 burner gas stove & custom cherry cabinets. Home theater on 3rd floor. Finished walkout basement with a kitchen, bedroom, workout room & more. For cars & toys there is a 3 car garage + separate workshop. *Need 24 hr notice to show & please show after 2 pm due to a 3rd shift sleeper*

Last Agent to Sell the Property

Ashley Renn

Realty One Group Results License #126359 Listed on: 10/23/2014

Realty One Group Results

Last Buyer's Agent

Kathy Moore

Carolina Homes For Sale License #267017

Carolina Homes For Sale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,976

Year Built

  • Built in 2003

Lot Details

  • 2.55 Acre Lot
  • Property is zoned RS-40

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,034 Sq Ft Home
  • 6,300-7,400 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 3 Fireplaces
  • Intercom
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0136952
  • 1% Total Tax Rate

Community Details

Overview

  • Polo Farms Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,976

Year Built

Built in 2003

Lot Details

0

HOA Fees

$88 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.55
  • Subdivision Name: Polo Farms
  • Directions: Pleasant Ridge Rd, Rt-Hamburg Mill Rd, Left-220N, Rt-Strawberry Rd, Rt-Polo Farms Dr, Left-Alley Rd, Left-Palomino Ridge Court
  • Above Grade Finished Sq Ft: 7034
  • Unit Levels: Three Or More
  • Year Built: 2003
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1200 - 1500
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 6300 - 7400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Electric Water Heater
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island
  • Other Equipment: Intercom
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1344
  • Fireplace Features: Gas Log
  • Fireplaces: 3
  • Living Area: 7034
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Lighting
  • Fencing: None
  • Pool Features: Community
  • Construction Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 1050
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 0136952
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 272509.8039
  • TRIADMLS_DeedPage: 265
  • TRIADMLS_DeedBook: 5111

Tax Info

  • Tax Annual Amount: 5976.38
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.9285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2014
Closed on
May 31, 2016
Sold by
Larry Douglas Self
Bought by
Daly Nathan and Daly Jaimie
Seller's Agent
Ashley Renn
Realty One Group Results
Buyer's Agent
Kathy Moore
Carolina Homes For Sale
List Price
$749,900
Sold Price
$650,000
Premium/Discount to List
-$99,900
-13.32%
Current Estimated Value
$1,277,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,754
Avg. Annual Appreciation
7.44%
Original Mortgage
$533,000
Interest Rate
3.64%

Purchase Details

Listed on
Oct 23, 2014
Closed on
Apr 11, 2016
Sold by
Hughes Self Larry Douglas and Hughes Self Sandra
Bought by
Daly Nathan J and Daly Jaimie P
Seller's Agent
Ashley Renn
Realty One Group Results
Buyer's Agent
Kathy Moore
Carolina Homes For Sale
List Price
$749,900
Sold Price
$650,000
Premium/Discount to List
-$99,900
-13.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
3.64%

Purchase Details

Closed on
Nov 6, 2000
Sold by
Doggett Truman B and Doggett Judy M
Bought by
Hughes Self Larry Douglas and Hughes Self Sandra
Source: Public Records

Range of Values:

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Average Value
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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
Daly Nathan -- --
Daly Nathan J $650,000 None Available
Hughes Self Larry Douglas $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daly Nathan J $204,000
Closed Daly Nathan J $200,000
Open Daly Nathan J $492,500
Closed Daly Nathan J $492,500
Closed Daly Nathan $533,000
Closed Daly Nathan --
Closed Daly Nathan $533,000
Previous Owner Self Larry Douglas $315,000
Previous Owner Self Larry Douglas $60,000
Previous Owner Self Larry D $100,000
Previous Owner Self Larry D $224,000
Previous Owner Self Larry D $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $650,000 -13.3% $103 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
10/23/2014 10/23/14 For Sale $749,900 -- $119 / 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 $6,798 $764,700 $100,000 $664,700
2024 $6,798 $764,700 $100,000 $664,700
2023 $6,798 $764,700 $100,000 $664,700
2022 $6,798 $764,700 $100,000 $664,700
2021 $5,750 $646,800 $85,000 $561,800
2020 $5,750 $646,800 $85,000 $561,800
2019 $5,693 $640,400 $0 $0
2018 $5,665 $640,400 $0 $0
2017 $5,693 $640,400 $0 $0
2016 $6,062 $663,600 $0 $0
2015 $6,095 $663,600 $0 $0
2014 $6,162 $663,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Ashley Renn

    Realty One Group Results

    (336) 399-6606

    66 Total Sales

    Ashley Renn
    Section Image
  • Kathy Moore

    Buyer's Agent in 2016

    Kathy Moore

    RE/MAX

    44 Total Sales

    Kathy Moore
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 722649

Triad MLS

APN: 0136952

North Carolina Guilford County Summerfield 27358

6806 Palomino Ridge Ct, Summerfield, NC

This home is located at 6806 Palomino Ridge Ct, Summerfield, NC 27358 since 23 October 2014 and is currently estimated at $1,277,754, approximately $172 per square foot. This property was built in 2003. 6806 Palomino Ridge Ct 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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