NOT LISTED FOR SALE

7033 Equestrian Trail Summerfield, NC 27358

Estimated Value: $812,577 - $976,000

4 Beds
4.5 Baths
4,900 Sq Ft
$185/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $488,000 $100 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,134/month

45 Days on Market

Highlights

  • Secluded Lot
  • Partially Wooded Lot
  • Wood Flooring
  • Summerfield Elementary School Rated A-
  • Traditional Architecture
  • Solid Surface Countertops

About This Home

As of April 2016

Stunning Custom Built Home in Polo Farms. Spacious 4 BR, 4.5 BA 2 Story Home w/Finished Daylight Basement. Gleaming Hardwoods, Open Floorplan & Upgraded Gourmet Kitchen w/Attention to Every Detail. Granite Counters, Viking Range, Double Oven & Bfast Nook (High End Appliances). Formal Living, Huge Den w/Stone Fireplace, & Office on Main & in Basement. Screened Porch w/Seasonal Lake View. Master Retreat w/Sitting Area & Spa Bath & Double WalkinClosets. 3 Car Garage w/Storage. Many Updates & Great Storage!

Last Agent to Sell the Property

Tracey Shrouder

360 Realty License #239529 Listed on: 01/30/2016

Last Buyer's Agent

Christy Armstrong

360 Realty, LLC License #277260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,159

Year Built

  • Built in 2001

Lot Details

  • 1.24 Acre Lot
  • Secluded Lot
  • Sloped Lot
  • Sprinkler System
  • Partially Wooded Lot
  • Property is zoned RS-40

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 4,628 Sq Ft Home
  • 4,100-4,900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Den with Fireplace
  • Finished Basement

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Polo Farms Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0136972
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,159

Year Built

Built in 2001

Lot Details

0

HOA Fees

$18 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.24
  • Lot Size: buyer to verify with survey
  • Subdivision Name: Polo Farms
  • Directions: North on Battleground/Highway 220 past Lakes. Right at light at Strawberry Road. Right on Polo Farms Drive. Right on Equestrian. 2nd home on Right.
  • Above Grade Finished Sq Ft: 4628
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Year Built: 2001
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1200 - 1500
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4100 - 4900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Built-In Range, Dishwasher, Disposal, Double Oven, Range, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island, Separate Shower, Solid Surface Counter
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Blower Fan, Gas Log, Den
  • Fireplaces: 1
  • Living Area: 4628
  • Main Level Bathrooms: 1
  • Attic Description: Eave Storage, Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Sprinkler System
  • Lot Features: Sloped, Partially Wooded, Secluded
  • Exclusions: Bicycle Racks In Garage, Hanging Storage In Garage, Transfer Switches, Fuel Tank Belongs To Killiam Oil, Dish Satellite And Receivers, And Televisions/Mounts.
  • Construction Type: Brick, Stucco, Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Heat Pump, Zoned, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Gas

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 #: 0136972
  • Zoning: RS-40
  • TRIADMLS_PlatPage: 84
  • TRIADMLS_PlatBook: 126
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 4159
  • Tax Lot: 1
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.913

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2016
Closed on
Feb 19, 2016
Sold by
Stein Lawrence D and Stein Nancy E
Bought by
Nayanar Deepesh and Nayanar Sindhu
Seller's Agent
Tracey Shrouder
360 Realty
Buyer's Agent
Christy Armstrong
360 Realty, LLC
List Price
$524,999
Sold Price
$488,000
Premium/Discount to List
-$36,999
-7.05%
Current Estimated Value
$905,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,144
Avg. Annual Appreciation
6.51%
Original Mortgage
$390,400
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 27, 2011
Sold by
Prudential Relocation Inc
Bought by
Stein Lawrence D and Stein Nancy E

Purchase Details

Closed on
Jun 21, 2011
Sold by
Bush Gerard J and Bush Julie M
Bought by
Prudential Relocation Inc

Purchase Details

Closed on
Jun 30, 2005
Sold by
Semon Brad B and Semon Randi L
Bought by
Bush Gerard J and Bush Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,600
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 25, 2002
Sold by
Avery Homes Inc
Bought by
Semon Brad B and Semon Randi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.07%
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Nayanar Deepesh $488,000 None Available
Stein Lawrence D $447,000 None Available
Prudential Relocation Inc $482,000 None Available
Bush Gerard J $547,000 None Available
Semon Brad B $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nayanar Deepesh $390,400
Previous Owner Bush Gerard J $437,600
Previous Owner Semon Brad B $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2016 04/11/16 Sold $488,000 -7.0% $119 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $524,999 -- $128 / Sq Ft
Source: Triad MLS

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
2025 $4,991 $561,400 $88,000 $473,400
2024 $4,991 $561,400 $88,000 $473,400
2023 $4,991 $561,400 $88,000 $473,400
2022 $4,991 $561,400 $88,000 $473,400
2021 $4,234 $476,300 $74,800 $401,500
2020 $4,234 $476,300 $74,800 $401,500
2019 $4,234 $476,300 $0 $0
2018 $4,213 $476,300 $0 $0
2017 $4,234 $476,300 $0 $0
2016 $4,157 $455,100 $0 $0
2015 $4,180 $455,100 $0 $0
2014 $4,226 $455,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 782871

Triad MLS

APN: 0136972

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