$46,250
SOLD APR 20, 2018

7000 Equestrian Trail Summerfield, NC 27358

0.93 Acre
$49,731 Price per Acre
40,511 Sq Ft Lot

Recently Sold

16% Below List Price

5 Days on Market

About This Lot

As of November 2024

No other lot available in this subdivision. This is your chance to build your dream home in the desirable subdivision of Polo Trails. The lot is located in an established neighborhood with attractive homes surrounding it. Covenants and Restrictions are attached.

Last Agent to Sell the Property

Susanne H. McIntire

Berkshire Hathaway HomeServices Yost & Little Realty License #222872 Listed on: 03/30/2018

Berkshire Hathaway HomeServices Yost & Little Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $529

Lot Details

  • 0.93 Acre Lot
  • Corner Lot
  • Property is zoned RS-40

HOA Fees

  • $18 Monthly HOA Fees

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Well
  • Phone Available
  • Cable TV Available

Community Details

  • Polo Farms Trails Subdivision

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 0137163
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$529

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.93
  • Road Frontage Type: 2-Lane, Public
  • Road Surface Type: Paved
  • Subdivision Name: Polo Farms Trails
  • Directions: HWY 220 North, Right on Strawberry Rd., Right on Polo Farms, Right on Equestrain Trail
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_PhoneYN: Yes
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Corner Lot, Subdivided

Utilities

  • Sewer: Septic Tank
  • Electric: Duke Power
  • Water Source: Well
  • TRIADMLS_CableYN: Yes

Condo/Co-op/Association

  • Association Fee: 210
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0137163
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 49731.1828
  • TRIADMLS_PlatPage: 63
  • TRIADMLS_DeedPage: 2204
  • TRIADMLS_DeedBook: 7504
  • TRIADMLS_PlatBook: 122
  • TRIADMLS_AcresRange: 1 - 1

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Tax Info

  • Tax Annual Amount: 529
  • Tax Lot: 58
  • Tax Year: 2017
  • 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%
Views
116
Current Estimated Value
$778,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,448
Avg. Annual Appreciation
4.70%
Original Mortgage
$600,000
Outstanding Balance
$595,246
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$183,202

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

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 Type Sale Price Title Company
Warranty Deed $750,000 None Listed On Document
Warranty Deed $750,000 None Listed On Document
Warranty Deed $37,500 None Available
Warranty Deed $40,000 None Available
Warranty Deed $51,000 None Available
Warranty Deed $35,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Closed $600,000 New Conventional
Previous Owner $546,250 Construction
Previous Owner $30,000 Credit Line Revolving
Previous Owner $30,000 New Conventional
Previous Owner $45,000 Purchase Money Mortgage
Previous Owner $210,000 Construction
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
2024 $4,565 $513,500 $70,000 $443,500
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: 880793

Triad MLS

APN: 0137163