NOT LISTED FOR SALE

7005 Polo Farms Dr Summerfield, NC 27358

Estimated Value: $401,969 - $607,000

3 Beds
2.5 Baths
2,900 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $355,000 $122 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,217/month

Highlights

  • Transitional Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Summerfield Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Central Air

About This Home

As of June 2020

Entered for Comps Only. Square Footage is approximate.

Last Agent to Sell the Property

Roberta Wall

Allen Tate Oak Ridge Commons License #189976 Listed on: 06/18/2020

Last Buyer's Agent

Roberta Wall

Allen Tate Oak Ridge Commons License #189976 Listed on: 06/18/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 2000

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 150 x 270
  • Property is zoned RS-40

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,700 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 2 Levels
  • Great Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Polo Trails Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0138032
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,052

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.93
  • Lot Size: 150 x 270
  • Subdivision Name: Polo Trails
  • Directions: 220 North Right on Strawberry Road Right on Polo Farms.
  • Above Grade Finished Sq Ft: 2700
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2000
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 2700
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

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: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Parcel #: 0138032
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 381720.4301
  • TRIADMLS_PlatPage: 64
  • TRIADMLS_DeedPage: 79
  • TRIADMLS_DeedBook: 8252
  • TRIADMLS_PlatBook: 122
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 3051.94
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2020
Sold by
Davis Wilson M and Davis Jean T
Bought by
Cribbs Ralph Eugene and Cribbs Tetu
Current Estimated Value
$535,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 19, 2000
Sold by
Brown Realty Co
Bought by
Davis Wilson M and Davis Jean T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
8.27%
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 Buyer Sale Price Title Company
Cribbs Ralph Eugene $355,000 None Available
Davis Wilson M $248,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cribbs Ralph Eugene $280,000
Closed Davis Wilson M $192,000
Previous Owner Davis Wilson M $50,000
Previous Owner Davis Jean T $124,000
Previous Owner Davis Wilson M $124,677
Previous Owner Davis Wilson M $120,000
Previous Owner Davis Wilson M $17,118
Previous Owner Davis Wilson M $150,000
Previous Owner Davis Wilson M $142,200
Previous Owner Davis Wilson M $140,400
Previous Owner Davis Wilson M $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $355,000 -- $148 / 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 $3,664 $412,100 $100,000 $312,100
2023 $3,664 $412,100 $100,000 $312,100
2022 $3,664 $412,100 $100,000 $312,100
2021 $3,052 $343,300 $85,000 $258,300
2020 $3,052 $343,300 $85,000 $258,300
2019 $3,052 $343,300 $0 $0
2018 $3,037 $343,300 $0 $0
2017 $3,052 $343,300 $0 $0
2016 $3,060 $335,000 $0 $0
2015 $3,077 $335,000 $0 $0
2014 $3,110 $335,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 980405

Triad MLS

APN: 0138032