NOT LISTED FOR SALE

7002 Polo Farms Dr Summerfield, NC 27358

Estimated Value: $618,647 - $675,000

4 Beds
3.5 Baths
3,450 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 01, 2012

Last sale price $327,500 $95 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,863/month

211 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Kitchen Island
  • Summerfield Elementary School Rated A-
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of October 2012

BUY/RENT or LEASE PURCHASE Available! Immaculate 4BR brick home w/open floor plan featuring a spacious LR w/dual sided FP dividing the LR from the Kitchen. Silestone counters, island, pantry & plenty of counter & cabinet space; Main level Office (4th BR) w/full bath; formal DR w/ bay window. Huge MBR with jetted sub, tile floors & huge walk-in closet; two additional BR share a bath and have separate vanities; daylight basement media room w/projection system incl! Basement workshop and storage also.

Last Agent to Sell the Property

Scott Vosburgh

eXp Realty License #213100 Listed on: 01/02/2012

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,221

Year Built

  • Built in 2004

Lot Details

  • 0.93 Acre Lot
  • Property is zoned RS40

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,450 Sq Ft Home
  • Property has 2.5 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • Polo Trails Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0137011
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,221

Year Built

Built in 2004

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.93
  • Subdivision Name: Polo Trails
  • Directions: Battleground/220N to a RIGHT on Strawberry to a RIGHT on Polo Farms; located on the right almost at the end of Polo Farms Dr
  • Above Grade Finished Sq Ft: 3450
  • Architectural Style: Transitional
  • Unit Levels: 2.5
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 470
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3450
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island, Pantry, Separate Shower
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 470
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 3450
  • Main Level Bathrooms: 1
  • TRIADMLS_HalfBathsLower: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0137011
  • Zoning: RS40
  • TRIADMLS_DeedPage: 1037
  • TRIADMLS_DeedBook: 6277

Tax Info

  • Tax Annual Amount: 3220.65
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.9237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2012
Closed on
Oct 1, 2012
Seller's Agent
Scott Vosburgh
eXp Realty
List Price
$339,900
Sold Price
$327,500
Premium/Discount to List
-$12,400
-3.65%
Current Estimated Value
$644,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,162
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Mar 18, 2005
Sold by
Avery Homes Inc
Bought by
Peters Christopher R and Peters Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 17, 2001
Sold by
Spencer Richard L and Spencer Heather M
Bought by
Gregory Archie D and Gregory Julie

Purchase Details

Closed on
May 9, 2000
Sold by
Gregory Archie D and Gregory Julie
Bought by
Spencer Richard L and Spencer Heather M
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
-- $327,500 --
Peters Christopher R $345,000 --
Gregory Archie D -- --
Spencer Richard L $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peters Christopher R $255,000
Previous Owner Avery Homes Inc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2012 10/01/12 Sold $327,500 -3.6% $95 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $339,900 -- $99 / 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
2023 $3,465 $389,800 $100,000 $289,800
2022 $3,465 $389,800 $100,000 $289,800
2021 $3,106 $349,400 $85,000 $264,400
2020 $3,106 $349,400 $85,000 $264,400
2019 $3,106 $349,400 $0 $0
2018 $3,091 $349,400 $0 $0
2017 $3,091 $349,400 $0 $0
2016 $3,085 $337,700 $0 $0
2015 $3,102 $337,700 $0 $0
2014 $3,136 $337,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 630453

Triad MLS

APN: 0137011