NOT LISTED FOR SALE

7001 Polo Farms Dr Summerfield, NC 27358

Estimated Value: $550,341 - $652,000

4 Beds
2.5 Baths
3,300 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $480,000 $145 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,657/month

33 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • 2 Car Attached Garage
  • Summerfield Elementary School Rated A-
  • Porch
  • Kitchen Island

About This Home

As of September 2021

This home has been lovingly cared for over the years. You will enjoy quiet evenings on your back porch overlooking your huge private corner lot and fire pit area. The main level is open and bright with an oversized island in the kitchen, granite countertops, upgraded cabinetry, and beautiful refinished hard wood flooring. There is a great space up front for an office or flex room. The front entry is spacious and bright. The second floor has 4 large bedrooms and laundry area. You will love the additional 3rd floor with fresh paint and carpet, perfect for a bonus or guest suite. In addition there is tons of walk in storage.

Last Agent to Sell the Property

Matt Ingram

Real Broker LLC License #287981 Listed on: 07/15/2021

Real Broker LLC

Co-Listed By

Alison Blaum

Real Broker LLC License #257275

Last Buyer's Agent

Missy Slack

Berkshire Hathaway HomeServices Yost & Little Realty License #265101

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,119

Year Built

  • Built in 1998

Lot Details

  • 1.14 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned RS-40

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,110 Sq Ft Home
  • 2,700-3,300 Sq Ft Home
  • Property has 2.5 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Walk-In Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer Hookup

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Central Air
  • Floor Furnace
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Community Details

  • Polo Trails Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 0137006
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,119

Year Built

Built in 1998

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.14
  • Co List Office Mls Id: GERL03
  • Co List Office Phone: 888-584-9431
  • Subdivision Name: Polo Trails
  • Directions: Head northeast on Oak Ridge Rd toward US-220 S, Turn right at the 1st cross street onto US-220 S, Turn left onto Strawberry Rd, Turn right onto Polo Farms Dr, Property on Left
  • Above Grade Finished Sq Ft: 3110
  • Unit Levels: 2.5
  • Structure Type: House
  • Year Built: 1998
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2700 - 3300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 3110
  • Main Level Bathrooms: 1
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Corner Lot, Level, Subdivided
  • Pool Features: None
  • Exclusions: Kitchen And Garage Refrigerators, Washer And Dryer
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Floor Furnace, Heat Pump, Electric, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

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 #: 0137006
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 434210.5263
  • TRIADMLS_PlatPage: 64
  • TRIADMLS_DeedPage: 741-743
  • TRIADMLS_DeedBook: 6383
  • TRIADMLS_PlatBook: 122
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 3119
  • Tax Lot: 26
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 17, 2021
Sold by
Kovach David M
Bought by
Crossland Scott and Crossland Valerie
Seller's Agent
Matt Ingram
Real Broker LLC
Buyer's Agent
Missy Slack
Berkshire Hathaway HomeServices Yost & Little Realty
Sold Price
$480,000
Current Estimated Value
$609,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,585
Avg. Annual Appreciation
6.24%
Original Mortgage
$408,000
Outstanding Balance
$371,514
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$238,071

Purchase Details

Closed on
Oct 15, 1998
Sold by
Barry Van Atkins Inc
Bought by
Kovach David M and Kovach Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.8%
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
Crossland Scott $480,000 None Available
Kovach David M $259,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crossland Scott $408,000
Previous Owner Kovach David M $220,000
Previous Owner Kovach David M $239,000
Previous Owner Kovach David M $259,200
Previous Owner Kovach David M $230,000
Previous Owner Kovach David M $40,000
Previous Owner Kovach David M $207,000
Closed Kovach David M $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $480,000 -- $178 / 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
2024 $3,892 $437,800 $100,000 $337,800
2023 $3,892 $437,800 $100,000 $337,800
2022 $3,892 $437,800 $100,000 $337,800
2021 $3,120 $350,900 $85,000 $265,900
2020 $3,120 $350,900 $85,000 $265,900
2019 $3,120 $350,900 $0 $0
2018 $3,104 $350,900 $0 $0
2017 $3,104 $350,900 $0 $0
2016 $3,106 $340,000 $0 $0
2015 $3,123 $340,000 $0 $0
2014 $3,157 $340,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1033260

Triad MLS

APN: 0137006