NOT LISTED FOR SALE

7018 Equestrian Trail Summerfield, NC 27358

Estimated Value: $394,952 - $680,000

3 Beds
2.5 Baths
3,100 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 16, 2015

Last sale price $352,500 $114 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,640/month

188 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Summerfield Elementary School Rated A-
  • Attic
  • Forced Air Heating and Cooling System

About This Home

As of December 2015

Polo Trails brick custom home on large private, wooded lot. Very functional floor plan with formal living/office, nice den open to large updated kitchen. Formal dining & breakfast area. Beautiful master, large closet with built-ins & tray ceiling. Master bath offers two large vanity areas with new granite, tub and shower. Lot perked for 4 bedrooms but bonus does not have a closet. Updated fixtures & hardwoods. Oversized deck & wooded back. Close to trails around Lake Brandt. Polo Trails low HOA dues

Last Agent to Sell the Property

Donna Russell

Allen Tate Oak Ridge Commons License #210376 Listed on: 05/05/2015

Allen Tate Oak Ridge Commons

Last Buyer's Agent

Crissy O'Connor

Gate City Real Estate License #233470

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,166

Year Built

  • Built in 1997

Lot Details

  • 0.93 Acre Lot
  • Property is zoned RS40

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,871 Sq Ft Home
  • 2,500-3,100 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Den with Fireplace
  • Dishwasher
  • Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • Polo Trails Subdivision

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number 0136974
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,166

Year Built

Built in 1997

Lot Details

0

HOA Fees

$18 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 north to Right at Light at Strawberry Rd., right on Polo Farms Dr. to back of neighborhoood, right on Equestrian, home on left
  • Above Grade Finished Sq Ft: 2871
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Year Built: 1997
  • TRIADMLS_BuiltInformation: Estimated
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Dishwasher
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 2871
  • Main Level Bathrooms: 1
  • Attic Description: Partially Floored
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Construction Type: Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

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

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 #: 0136974
  • Zoning: RS40
  • TRIADMLS_PricePerAcre: 392365.5914
  • TRIADMLS_PlatPage: 15
  • TRIADMLS_DeedPage: 1943
  • TRIADMLS_DeedBook: 7538
  • TRIADMLS_PlatBook: 122
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 3166
  • Tax Lot: 74
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.928

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2015
Closed on
Dec 15, 2015
Sold by
Balderamos Joan M and Bergman Joan M
Bought by
Shanks Kevin S
Seller's Agent
Donna Russell
Allen Tate Oak Ridge Commons
Buyer's Agent
Crissy O'Connor
Gate City Real Estate
List Price
$369,900
Sold Price
$352,500
Premium/Discount to List
-$17,400
-4.7%
Total Days on Market
188
Current Estimated Value
$589,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,238
Avg. Annual Appreciation
5.58%
Original Mortgage
$327,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2013
Sold by
Bergman Jack L and Bergman Joan M
Bought by
Bergman Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2002
Sold by
Miller Mark F and Graham Janice Y
Bought by
Bergman Jack L and Bergman Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.01%

Purchase Details

Closed on
Aug 14, 1998
Sold by
Beyer Lehrer Custom Homes Inc
Bought by
Miller Mark F and Graham Janice Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.97%
Source: Public Records

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Range of Values:

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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
Shanks Kevin S $352,500 Attorney
Bergman Joan M -- None Available
Bergman Jack L $315,000 --
Miller Mark F $281,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanks Kevin $301,000
Closed Shanks Kevin S $327,500
Previous Owner Bergman Joan M $292,000
Previous Owner Bergman Jack L $272,000
Previous Owner Bergman Jack L $25,000
Previous Owner Bergman Jack L $252,000
Previous Owner Miller Mark F $43,000
Previous Owner Miller Mark F $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2015 12/16/15 Sold $352,500 -4.7% $141 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $369,900 -- $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
2023 $3,743 $421,000 $80,000 $341,000
2022 $3,743 $421,000 $80,000 $341,000
2021 $3,132 $352,300 $68,000 $284,300
2020 $3,132 $352,300 $68,000 $284,300
2019 $3,132 $352,300 $0 $0
2018 $3,116 $352,300 $0 $0
2017 $3,132 $352,300 $0 $0
2016 $3,115 $341,000 $0 $0
2015 $3,132 $341,000 $0 $0
2014 $3,166 $341,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 757205

Triad MLS

APN: 0136974