NOT LISTED FOR SALE

7000 May Lake Rd Clemmons, NC 27012

Estimated Value: $933,000 - $1,071,000

6 Beds
4.5 Baths
6,600 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $860,000 $130 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,440/month

23 Days on Market

Highlights

  • 2.45 Acre Lot
  • Secluded Lot
  • No HOA
  • Southwest Elementary Rated A
  • Partially Wooded Lot
  • 3 Car Attached Garage

About This Home

As of April 2022

Beautiful Clemmons home in quiet location at the back of cul-de-sac on 2.45 acres. Expansive kitchen with quartz countertops and stainless appliances opens to light filled family room with fireplace. Elegant formal rooms perfect for entertaining. Large brick patio overlooks tennis court and is just steps away from lake with dock. Main level guest room with five additional generously sized second floor bedrooms. Second floor laundry room with new tile floor. Recent paint and hardwoods throughout first and second floors. Third floor playroom with plenty of space to gather. Main level office perfect for working from home. Unfinished basement provides plenty of storage space. Three garage spaces. This one has it all! Seller possession until June 15.

Last Agent to Sell the Property

Molly Haus

Leonard Ryden Burr Real Estate License #267479 Listed on: 03/08/2022

Last Buyer's Agent

Brooke Cashion

Howard Hanna Allen Tate Kernersville License #187404

Howard Hanna Allen Tate Kernersville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,435

Year Built

  • Built in 1988

Lot Details

  • 2.45 Acre Lot
  • Secluded Lot
  • Sprinkler System
  • Cleared Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned RS40

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,234 Sq Ft Home
  • 5,600-6,600 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Den with Fireplace
  • Storage In Attic
  • Kitchen Island
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Separate Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Burke Farm Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5884410061
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,435

Year Built

Built in 1988

Lot Details

2.45 Acres

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.45
  • Subdivision Name: Burke Farm Estates
  • Directions: I-40 West to Lewisville Clemmons Rd. Right on Lewisville Clemmons, Left on Peacehaven, At traffic circle take first exit onto Harper Rd, Left on Bullard Rd, Left on Burk Farm and left on May Lake.
  • Above Grade Finished Sq Ft: 6234
  • Unit Levels: Three Or More
  • Structure Type: House
  • Year Built: 1988
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 5600 - 6600
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Kitchen Island, Separate Shower
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 6234
  • Main Level Bathrooms: 2
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Lighting, Garden, Sprinkler System
  • Lot Features: Partially Cleared, Partially Wooded, Secluded
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump, Zoned, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 5884410061
  • Zoning: RS40
  • TRIADMLS_AcresRange: 2 - 3

Tax Info

  • Tax Annual Amount: 4435.38
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.7617

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Apr 11, 2022
Sold by
John Bocock
Bought by
Snow Shawn C and Snow Whitney Lea
Seller's Agent
Molly Haus
Leonard Ryden Burr Real Estate
Buyer's Agent
Brooke Cashion
Howard Hanna Allen Tate Kernersville
Sold Price
$860,000
Current Estimated Value
$986,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,217
Avg. Annual Appreciation
3.62%
Original Mortgage
$688,000
Outstanding Balance
$650,143
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$336,074

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 11, 2021
Sold by
Sterenczak Richard Joseph and Sterenczak Chastity Daniel
Bought by
Bocock John and Bocock Sasha
Seller's Agent
Allen Smith
LEGACY Realty NC
Buyer's Agent
Molly Haus
Leonard Ryden Burr Real Estate
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.12%
Original Mortgage
$650,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2018
Closed on
May 24, 2018
Sold by
Ricono Thomas R and Ricono Patricia M
Bought by
Sterenczak Richard Joseph and Sterenczak Chastity Daniel
Seller's Agent
Zach Dawson
Mitchell Forbes Global Properties
Buyer's Agent
Allen Smith
LEGACY Realty NC
List Price
$649,000
Sold Price
$575,000
Premium/Discount to List
-$74,000
-11.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$453,100
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1999
Sold by
Stewart J Ted and Bradley James B
Bought by
Ricono Thomas R and Ricono Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Snow Shawn C $860,000 Collins A L
Bocock John $650,000 None Available
Sterenczak Richard Joseph $575,000 None Available
Ricono Thomas R $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snow Shawn C $688,000
Previous Owner Bocock John $650,000
Previous Owner Sterenczak Richard Joseph $453,100
Previous Owner Ricono Thomas R $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2022 04/12/22 Sold $860,000 +32.3% $154 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
06/14/2021 06/14/21 Sold $650,000 +13.0% $110 / Sq Ft View Prior Sale
05/25/2018 05/25/18 Sold $575,000 -11.4% $103 / Sq Ft View Prior Sale
04/12/2018 04/12/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $649,000 -- $116 / Sq Ft
Source: Triad MLS

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 $4,494 $865,800 $89,400 $776,400
2024 $4,465 $582,300 $89,400 $492,900
2023 $4,465 $582,300 $89,400 $492,900
2022 $4,465 $582,300 $89,400 $492,900
2021 $4,435 $582,300 $89,400 $492,900
2020 $4,852 $584,000 $85,300 $498,700
2019 $4,910 $584,000 $85,300 $498,700
2018 $3,500 $433,600 $85,300 $348,300
2016 $2,997 $369,470 $85,312 $284,158
2015 $2,997 $369,470 $85,312 $284,158
2014 $2,937 $369,470 $85,312 $284,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1061210

Triad MLS

APN: 5884-41-0061

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