NOT LISTED FOR SALE

7000 Equestrian Trail Summerfield, NC 27358

Estimated Value: $742,000 - $799,000

4 Beds
3.5 Baths
3,514 Sq Ft
$216/Sq Ft Est. Value

Last Sold November 13, 2024

Last sale price $750,000 $213 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,435/month

65 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Summerfield Elementary School Rated A-
  • Double Oven
  • Kitchen Island

About This Home

As of November 2024

MOTIVATED SELLER!! $10,000 landscaping allowance!This stunning home offers over 3,500 sqft of living space, plus 2,400 sqft of unfinished basement space that is already plumbed & wired, ready for your customization. The main level features the primary bedroom with a spa like ensuite bathroom. The epicurean kitchen boast gas cooktop & built in ovens. The lg. island w/ seating seamlessly flows into the great room & spacious dining area, creating the perfect setting for entertaining. Don’t miss the expansive pantry. Flex room on the main level is great for an office. Enjoy the screened porch, ideal for relaxing & enjoying the outdoors. Upstairs, you’ll find three addt'l bedrooms, each designed to maximize space & comfort. One bedroom boasts its own private ensuite bathroom, while two others share a convenient Jack & Jill bath. The second level also includes a lg. bonus room & a craft/hobby room. The basement is perfect for an in-law suite or addt'l living space offering privacy & comfort.

Last Agent to Sell the Property

Kimberly Mathis

Keller Williams One License #248792 Listed on: 08/05/2024

Keller Williams One

Last Buyer's Agent

Donna Russell

Allen Tate Oak Ridge Commons License #210376

Allen Tate Oak Ridge Commons

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,565

Year Built

  • Built in 2022

Lot Details

  • 0.92 Acre Lot
  • Property is zoned RS-40

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,514 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Electric Water Heater

Community Details

  • Polo Trails Subdivision

Listing and Financial Details

  • Assessor Parcel Number 137163
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,565

Year Built

Built in 2022

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Subdivision Name: Polo Trails
  • Directions: Hwy 220 North. Right on Strawberry Road. Right on Polo Farms Dr. Right on Equestrian Trail.
  • Above Grade Finished Sq Ft: 3514
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2022
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: NewHome

Interior Features

  • Appliances: Oven, Cooktop, Dishwasher, Double Oven, Gas Cooktop, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Pantry, Separate Shower
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 3514
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Private Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 137163
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 815217.3913
  • TRIADMLS_PlatPage: 63
  • TRIADMLS_DeedPage: 2629
  • TRIADMLS_DeedBook: 8292
  • TRIADMLS_PlatBook: 122

Tax Info

  • Tax Annual Amount: 4565.02
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Nov 4, 2024
Sold by
Costella Vincent Joseph and Costella Sara Kiser
Bought by
Gowda Vinay and Gowda Britany
Seller's Agent
Kimberly Mathis
Keller Williams One
Buyer's Agent
Donna Russell
Allen Tate Oak Ridge Commons
List Price
$820,000
Sold Price
$750,000
Premium/Discount to List
-$70,000
-8.54%
Total Days on Market
65
Views
116
Current Estimated Value
$760,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,110
Avg. Annual Appreciation
2.46%
Original Mortgage
$600,000
Outstanding Balance
$597,051
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$163,059

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jun 3, 2020
Sold by
Barber Thomas Nicholas and Barber Judith Mary
Bought by
Costella Vincent J and Costella Sara Kiser
Seller's Agent
Sue Wade
Tyler Redhead & McAlister Real Estate, LLC
Buyer's Agent
Kimberly Mathis
Keller Williams One
Sold Price
$37,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.25%
Original Mortgage
$30,000
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 8, 2013
Sold by
Setliff Donald Kim and Setliff Joy C
Bought by
Ollis Justin Pike and Ollis Brandi Leighann

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
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2007
Sold by
Metzler William and Metzler Robin
Bought by
Setliff Donald Kim and Setliff Joy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2005
Sold by
Avery Homes Inc
Bought by
Abbott Rita Paschal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.66%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Gowda Vinay $750,000 None Listed On Document
Gowda Vinay $750,000 None Listed On Document
Costella Vincent J $37,500 None Available
Ollis Justin Pike $40,000 None Available
Setliff Donald Kim $51,000 None Available
Abbott Rita Paschal $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gowda Vinay $600,000
Closed Gowda Vinay $600,000
Previous Owner Costella Vincent J $546,250
Previous Owner Costella Vincent J $30,000
Previous Owner Ollis Justin Pike $30,000
Previous Owner Setliff Donald Kim $45,000
Previous Owner Abbott Rita Paschal $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $750,000 -3.2% $213 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
10/02/2024 10/02/24 Price Changed $775,000 -1.9% $221 / Sq Ft
09/19/2024 09/19/24 Price Changed $789,900 -1.3% $225 / Sq Ft
08/29/2024 08/29/24 Price Changed $799,900 -2.5% $228 / Sq Ft
08/05/2024 08/05/24 For Sale $820,000 +2086.7% $233 / Sq Ft
06/17/2020 06/17/20 Sold $37,500 -18.9% --
04/20/2018 04/20/18 Sold $46,250 -15.8% --
04/05/2018 04/05/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $54,900 -- --
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 $4,565 $513,500 $70,000 $443,500
2022 $622 $70,000 $70,000 $0
2021 $529 $59,500 $59,500 $0
2020 $529 $59,500 $59,500 $0
2019 $529 $59,500 $0 $0
2018 $526 $59,500 $0 $0
2017 $526 $59,500 $0 $0
2016 $544 $59,500 $0 $0
2015 $547 $59,500 $0 $0
2014 $552 $59,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1150433

Triad MLS

APN: 0137163