NOT LISTED FOR SALE

7011 Will Lee Rd Summerfield, NC 27358

Estimated Value: $201,985 - $224,000

2 Beds
1 Bath
1,200 Sq Ft
$180/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2020

Last sale price $151,177 $126 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,269 / mo

18 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • No HOA
  • Northwest Guilford Middle School Rated A-
  • Corner Lot
  • Cottage

About This Home

As of December 2020

**Offer deadline 10/11 -Highest and Best by 5PM** Charming 1900's cedar shake cabin on over an acre in Summerfield. Beautiful flat lot with gorgeous mature trees would make for a wonderful weekend retreat or hobby farm. Convenient to Greensboro, Oak Ridge, Kernersville, and HWY 173. Home boasts some charming original features/details, wood beams in LR, claw foot tub in master bathroom. Modern conveniences have been added throughout; new Mitsubishi mini split unit installed summer 2020. Detached garage/workshop added a few years ago. No HOA

Last Agent to Sell the Property

Helen Richardson

Tyler Redhead & McAlister Real Estate, LLC License #302215 Listed on: 09/22/2020

Last Buyer's Agent

Nicole Gillespie

RE/MAX Realty Consultants License #271240

RE/MAX Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $985

Year Built

  • Built in 1900

Lot Details

  • 1.04 Acre Lot
  • Street terminates at a dead end
  • Fenced
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Garden
  • Property is zoned AG

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace
  • Crawl Space
  • Free-Standing Range
  • Attic

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer Hookup

Outdoor Features

  • Porch

Schools

  • Northwest Guilford Middle School
  • Northwest High School

Utilities

  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0149750
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$985

Year Built

Built in 1900

Lot Details

1.04 Acres

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.04
  • Subdivision Name: None
  • Directions: From GSO - 220, left onto Oak Ridge Rd (NC 150), left onto Belford Rd, right onto Will Lee Road. I73 N, exit 116, left onto Oak Ridge Rd/NC 150, left onto Belford Rd, right onto Will Lee Road. From Oak Ridge right onto Belford Rd, right Will Lee Rd.
  • Above Grade Finished Sq Ft: 1056
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1900
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate, Vinyl, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1056
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: Cleared, Corner Lot, Dead End, Level
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Gravel, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level
  • Cooling: Remarks
  • Heating: See Remarks, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Oak Ridge
  • High School: Northwest
  • Middle Or Junior School: Northwest Guilford

Lot Info

  • Parcel #: 0149750
  • Zoning: AG
  • TRIADMLS_PlatPage: 61
  • TRIADMLS_PlatBook: 47
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 985
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.889

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Dec 22, 2020
Sold by
Bought by
Seller's Agent
Helen Richardson
Tyler Redhead & McAlister Real Estate, LLC
Buyer's Agent
Nicole Gillespie
RE/MAX Realty Consultants
Sold Price
$151,177
Current Estimated Value
$215,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,819
Avg. Annual Appreciation
6.64%
Original Mortgage
$148,437
Interest Rate
0.027%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 28, 2014
Closed on
Aug 19, 2014
Sold by
Bought by
Seller's Agent
Christopher Collins
Real Broker LLC
Buyer's Agent
John Leach
Swaim Group, LLC
List Price
$94,900
Sold Price
$77,000
Premium/Discount to List
-$17,900
-18.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$78,571
Interest Rate
0.0419%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,097
Interest Rate
0.0712%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,933
Interest Rate
0.0673%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$151,500 None Available
$79,000 None Available
$109,000 --
$97,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $148,437
Previous Owner $78,571
Previous Owner $108,097
Previous Owner $96,933
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2020 12/22/20 Sold $151,177 +96.3% $168 / Sq Ft
08/26/2014 08/26/14 Sold $77,000 -18.9% $72 / Sq Ft View Prior Sale
05/28/2014 05/28/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $94,900 -- $89 / Sq Ft
Source: Triad MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,310 $147,300 $60,000 $87,300
2024 $1,310 $147,300 $60,000 $87,300
2023 $1,310 $147,300 $60,000 $87,300
2022 $1,310 $147,300 $60,000 $87,300
2021 $1,112 $125,100 $45,000 $80,100
2020 $985 $110,800 $45,000 $65,800
2019 $985 $110,800 $0 $0
2018 $980 $110,800 $0 $0
2017 $985 $110,800 $0 $0
2016 $1,010 $110,600 $0 $0
2015 $1,016 $110,600 $0 $0
2014 $1,027 $110,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 995026

Triad MLS

APN: 0149750

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