NOT LISTED FOR SALE

7029 Equestrian Trail Summerfield, NC 27358

Estimated Value: $763,000 - $1,014,133

5 Beds
4.5 Baths
4,721 Sq Ft
$195/Sq Ft Est. Value

Last Sold June 27, 2013

Last sale price $574,000 $122 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,357/month

57 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • 2 Car Attached Garage
  • Summerfield Elementary School Rated A-
  • Porch
  • Intercom

About This Home

As of June 2013

Prime location- Summerfield near lake Brandt, Polo farm neighborhood; New renovation- Updated modern kitchen, high-end new appliances, granite counter tops; All Hardwood Floor- White oak hard wood floor throughout the house, new premier carpet recently installed in basement; Finished basement- pool table, gym, extra bedrooms. Custom built, 10 ft high ceiling.

Last Buyer's Agent

Mahin Taremian

Berkshire Hathaway HomeServices Yost & Little Realty License #215377

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,627

Year Built

  • Built in 2006

Lot Details

  • 2.9 Acre Lot
  • Sloped Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,721 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Wood Flooring
  • Walk-In Attic
  • Intercom
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

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

Community Details

  • Polo Farms Sec 04 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0137110
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,627

Year Built

Built in 2006

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.9
  • Subdivision Name: Polo Farms Sec 04
  • Directions: N on 220, R on Strawberry, R on Polo Farms, R on Equestrian
  • Above Grade Finished Sq Ft: 4721
  • Unit Levels: Two
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1727
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4721
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven, Built-In Range, Cooktop, Dishwasher, Disposal, Exhaust Fan, Water Purifier, Electric Water Heater
  • Flooring: Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), In-Law Floorplan, Kitchen Island, Separate Shower, Solid Surface Counter, Central Vacuum
  • Other Equipment: Electronic Air Filter, Intercom
  • Has Basement: Finished, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1727
  • Fireplace Features: Blower Fan, Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 4721
  • Main Level Bathrooms: 2
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 2
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Lot Features: Natural Land, Sloped
  • Construction Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security Lights, Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Fireplace(s), Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0137110
  • Zoning: Res
  • TRIADMLS_DeedPage: 2109
  • TRIADMLS_DeedBook: 6466

Tax Info

  • Tax Annual Amount: 5626.54
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.9237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2013
Closed on
Jun 27, 2013
Sold by
Zhu Donghui and Gao Lu
Bought by
Nabizadeh Reza and Nabizadeh Mashan Sayyedi
Buyer's Agent
Mahin Taremian
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$620,000
Sold Price
$574,000
Premium/Discount to List
-$46,000
-7.42%
Current Estimated Value
$891,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,571
Avg. Annual Appreciation
3.49%
Original Mortgage
$516,500
Interest Rate
2.49%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 2011
Sold by
Graetz Ralph Ernst and Graetz Patrica S
Bought by
Zhu Donghui and Gao Lu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2005
Sold by
Avery Homes Inc
Bought by
Graetz Ralph Ernst and Graetz Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.18%
Mortgage Type
Construction
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
Nabizadeh Reza $574,000 None Available
Zhu Donghui $530,000 None Available
Graetz Ralph Ernst $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nabizadeh Reza $457,800
Closed Nabizadeh Reza $516,500
Previous Owner Zhu Donghui $379,000
Previous Owner Zhu Donghui $380,000
Previous Owner Graetz Ralph E $365,000
Previous Owner Graetz Ralph Ernst $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2013 06/27/13 Sold $574,000 -7.4% $122 / Sq Ft
04/04/2013 04/04/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $620,000 -- $131 / 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 $5,690 $640,000 $176,400 $463,600
2022 $5,690 $640,000 $176,400 $463,600
2021 $4,965 $558,500 $142,800 $415,700
2020 $4,965 $558,500 $142,800 $415,700
2019 $4,965 $558,500 $0 $0
2018 $4,940 $558,500 $0 $0
2017 $4,940 $558,500 $0 $0
2016 $5,041 $551,800 $0 $0
2015 $5,068 $551,800 $0 $0
2014 $5,123 $551,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2013

    Mahin Taremian

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 509-8510

    11 Total Sales

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Map

Source: Triad MLS

MLS Number: 663553

Triad MLS

APN: 0137110

North Carolina Guilford County Summerfield 27358

7029 Equestrian Trail, Summerfield, NC

This home is located at 7029 Equestrian Trail, Summerfield, NC 27358 since 05 February 2013 and is currently estimated at $922,783, approximately $195 per square foot. This property was built in 2006. 7029 Equestrian Trail 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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