NOT LISTED FOR SALE

7009 Mustang Ct Summerfield, NC 27358

Estimated Value: $742,488 - $1,245,000

5 Beds
7 Baths
7,400 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $717,000 $97 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,705/month

94 Days on Market

Highlights

  • Outdoor Pool
  • Great Room with Fireplace
  • Solid Surface Countertops
  • Summerfield Elementary School Rated A-
  • Wood Flooring
  • Second Washer

About This Home

As of July 2020

Gorgeous custom home w/ in-law suite on 1.64 acres in Polo Farms! This home has been completely updated! Grande two story foyer opens to large living spaces w/ beautiful HW floors & tons of natural light. Gourmet kitchen w/ gas range, granite countertops, eat-in area. Master suite w/ spa-like bath, walk-in closet. Walk-out basement has in-law suite w/ full & half baths, bedroom, kitchen, 2nd laundry, gym area. Screened Porch ~ Huge Patio ~ Whole House Generator ~ Community Pool, Tennis Courts & Clubhouse!

Last Agent to Sell the Property

Matt Ingram

Real Broker LLC License #287981 Listed on: 03/11/2020

Real Broker LLC

Last Buyer's Agent

Adriana Benitez

Carolina Home Partners by eXp Realty License #289108

Carolina Home Partners by eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,125

Year Built

  • Built in 1998

Lot Details

  • 1.64 Acre Lot
  • Sloped Lot
  • Cleared Lot
  • Property is zoned RS-40

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,027 Sq Ft Home
  • 6,300-7,400 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Finished Basement

Kitchen

  • Convection Oven
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Separate Shower

Laundry

  • Second Washer
  • Dryer Hookup
  • Second Dryer Hookup
  • Second Washer Hookup

Outdoor Features

  • Outdoor Pool
  • Outdoor Storage
  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 0137114
  • 1% Total Tax Rate

Community Details

Overview

  • Polo Farms Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,125

Year Built

Built in 1998

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.64
  • Subdivision Name: Polo Farms
  • Directions: Battleground/220 N to Strawberry Rd., Right on Polo Farms, Right on Mustang Court, Home on Right
  • Above Grade Finished Sq Ft: 7027
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1998
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1500 - 1800
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 6300 - 7400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s), Dead Bolt(s), In-Law Floorplan, Kitchen Island, Pantry, Separate Shower, Solid Surface Counter
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1694
  • Fireplace Features: Gas Log, Great Room, Living Room
  • Fireplaces: 2
  • Living Area: 7027
  • Main Level Bathrooms: 1
  • TRIADMLS_HalfBathsLower: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 4

Exterior Features

  • Fencing: None, Invisible
  • Lot Features: Partially Cleared, Sloped
  • Pool Features: Community
  • Exclusions: Security System Does Not Convey.
  • Construction Type: Brick, Cement Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: 2nd Dryer Connection, 2nd Washer Connection, Dryer Connection, In Basement, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Zoned, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Generator

Condo/Co-op/Association

  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0137114
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 478658.5366
  • TRIADMLS_PlatPage: 116
  • TRIADMLS_DeedPage: 801
  • TRIADMLS_DeedBook: 8034
  • TRIADMLS_PlatBook: 95
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 6125
  • Tax Lot: 44
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Jul 6, 2020
Sold by
Miller Brooks and K B Revocable Living Trust
Bought by
Lovati Michael David and Lovati Jill Beth
Seller's Agent
Matt Ingram
Real Broker LLC
Buyer's Agent
Adriana Benitez
Carolina Home Partners by eXp Realty
Sold Price
$717,000
Current Estimated Value
$1,095,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,122
Avg. Annual Appreciation
9.95%
Original Mortgage
$510,400
Outstanding Balance
$373,596
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$789,752

Purchase Details

Listed on
Feb 20, 2018
Closed on
Mar 26, 2018
Sold by
Smith Craig D and Smith Susan J
Bought by
Miller Brooks and K B Revocable Living Trust
Seller's Agent
Kelly O'Day
Head Realty Group, eXp Realty
Buyer's Agent
Matt Ingram
Real Broker LLC
List Price
$700,000
Sold Price
$668,785
Premium/Discount to List
-$31,215
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%

Purchase Details

Closed on
Nov 17, 1997
Bought by
Smith Craig D
Source: Public Records

Range of Values:

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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
Lovati Michael David $717,000 None Available
Miller Brooks $669,000 None Available
Smith Craig D $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovati Michael David $510,400
Previous Owner Smith Graig D $565,000
Previous Owner Smith Craig D $100,000
Previous Owner Smith Craig D $578,000
Previous Owner Smith Craig D $631,000
Previous Owner Smith Craig D $391,800
Previous Owner Smith Craig D $539,100
Previous Owner Smith Craig D $391,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $717,000 +7.2% $114 / Sq Ft
03/29/2018 03/29/18 Sold $668,785 -4.5% $115 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $700,000 -- $121 / 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 $7,653 $860,800 $145,000 $715,800
2022 $7,653 $860,800 $145,000 $715,800
2021 $6,298 $708,400 $123,300 $585,100
2020 $6,177 $694,800 $123,300 $571,500
2019 $6,177 $689,000 $0 $0
2018 $6,095 $689,000 $0 $0
2017 $6,095 $689,000 $0 $0
2016 $6,134 $671,500 $0 $0
2015 $6,168 $671,500 $0 $0
2014 $6,235 $671,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Ingram

    Seller's Agent in 2020

    Matt Ingram

    Real Broker LLC

    (336) 209-0817

    265 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    Adriana Benitez

    Carolina Home Partners by eXp Realty

    (336) 814-6200

    110 Total Sales

    Section Image

  • K

    Seller's Agent in 2018

    Kelly O'Day

    Head Realty Group, eXp Realty

    (336) 283-8687

    8 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 968513

Triad MLS

APN: 0137114

North Carolina Guilford County Summerfield 27358

7009 Mustang Ct, Summerfield, NC

This home is located at 7009 Mustang Ct, Summerfield, NC 27358 since 11 March 2020 and is currently estimated at $1,095,122, approximately $147 per square foot. This property was built in 1998. 7009 Mustang Ct is a home located in Guilford County with nearby schools including Summerfield Elementary School, Northern Guilford Middle School, and Northern Guilford High School.

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