NOT LISTED FOR SALE

7047 Sockwell Rd Elon, NC 27244

Estimated Value: $518,232 - $908,000

3 Beds
2.5 Baths
3,100 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $599,000 $193 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,937/month

6 Days on Market

Highlights

  • Barn
  • Sauna
  • Secluded Lot
  • Horses Allowed On Property
  • 30.82 Acre Lot
  • Wood Flooring

About This Home

As of October 2020

Welcome home to Rafter M Ranch: your private retreat on over 30 beautiful acres. Make your way to the charming log homealong the private, tree-lined drive that follows a meandering stream. Enjoy morning tea in a rocking chair on the screened porch, grill withfriends and family on the spacious deck, take a short-hike to the Reedy Fork River, unwind in the sauna and wrap up the day with a book bythe floor-to-ceiling, stacked-stone fireplace. Four-stall barn, his & her tack rooms, 275'x150' roping arena.

Last Agent to Sell the Property

Joel Sivertsen

NorthGroup Real Estate License #291927 Listed on: 08/19/2020

NorthGroup Real Estate

Last Buyer's Agent

Cara Buchanan

Keller Williams One License #279233

Keller Williams One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,574

Year Built

  • Built in 2000

Lot Details

  • 30.82 Acre Lot
  • Rural Setting
  • Fenced
  • Secluded Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned AG

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Log Siding

Interior Spaces

  • 2,905 Sq Ft Home
  • 2,600-3,100 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • Sauna

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Multiple cooling system units
  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Satellite Dish

Additional Features

  • Outdoor Storage
  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 8838342647
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,574

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 30.82
  • Lot Size: irregular
  • Subdivision Name: None
  • Directions: Hwy 61 north from downtown Gibsonville and continue to Sockwell Rd, RT and continue 1 mile to 7047 on left
  • Above Grade Finished Sq Ft: 2905
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2000
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2600 - 3100
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s), Soaking Tub, Sauna
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 2905
  • Main Level Bathrooms: 2
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: Horses Allowed, Cleared, Level, Rural, Secluded
  • Pool Features: None
  • Construction Type: Log
  • Other Structures: Barn(s), Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling: Central Air, Heat Pump, Multiple Systems
  • Heating: Heat Pump, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 8838342647
  • Zoning: AG
  • TRIADMLS_PricePerAcre: 19435.4315
  • TRIADMLS_DeedPage: 2727
  • TRIADMLS_DeedBook: 7983
  • TRIADMLS_AcresRange: 28 - 32

Tax Info

  • Tax Annual Amount: 3574
  • Tax Lot: 1
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.0087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Oct 5, 2020
Sold by
Mastroianni Dianna and Mastroianni Marc John
Bought by
Fajen Olivia F
Seller's Agent
Joel Sivertsen
NorthGroup Real Estate
Buyer's Agent
Cara Buchanan
Keller Williams One
Sold Price
$599,000
Current Estimated Value
$673,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,558
Avg. Annual Appreciation
2.43%
Original Mortgage
$510,400
Outstanding Balance
$454,998
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$218,560

Purchase Details

Closed on
Oct 11, 2017
Sold by
Mastroianni Marc
Bought by
Mastroianni Dianna

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jul 21, 2017
Sold by
Flynn James Brandon and Flynn Amanda K
Bought by
Mastroianni Marc and Mastroianni Dianna
Seller's Agent
Barney Lawrence
RE/MAX DIAMOND REALTY
Buyer's Agent
Barney Lawrence
RE/MAX DIAMOND REALTY
List Price
$599,000
Sold Price
$538,000
Premium/Discount to List
-$61,000
-10.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$424,100
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2014
Bought by
Flynn James Brandon

Purchase Details

Closed on
Apr 15, 2014
Sold by
Jones Samuel Harding and Jones William Weldon
Bought by
Jones Samuel Harding and Flynn James Brandon

Purchase Details

Closed on
Sep 1, 2011
Sold by
Flynn James Brandon and Flynn Amanda K
Bought by
Jones Samuel Harding and Jones William Weldon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 9, 2010
Sold by
Bell H Rob
Bought by
Flynn James Brandon and Flynn Amanda K

Purchase Details

Closed on
Dec 22, 2009
Sold by
Bell H Rob
Bought by
Collins Don
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fajen Olivia F $599,000 None Available
Mastroianni Dianna -- None Available
Mastroianni Marc $590,000 None Available
Flynn James Brandon -- --
Jones Samuel Harding -- None Available
Jones Samuel Harding $480,000 None Available
Flynn James Brandon $300,000 None Available
Collins Don -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fajen Olivia F $510,400
Previous Owner Mastroianni Dianna $465,000
Previous Owner Mastroianni Dianna $484,350
Previous Owner Mastroianni Marc $424,100
Previous Owner Jones Samuel Harding $480,000
Previous Owner Bell H Rob $36,005
Previous Owner Bell H Rob $363,789
Previous Owner Bell H Rob $85,000
Previous Owner Bell H Rob $92,400
Previous Owner Bell Hampton R $228,000
Previous Owner Bell H Rob $65,500
Previous Owner Bell H Rob $267,000
Previous Owner Bell H Rob $36,500
Previous Owner Bell H Rob $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $599,000 +11.3% $230 / Sq Ft
07/21/2017 07/21/17 Sold $538,000 0.0% $220 / Sq Ft
07/21/2017 07/21/17 Sold $538,000 0.0% $220 / Sq Ft
07/21/2017 07/21/17 Sold $538,000 -10.2% $234 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/21/2017 06/21/17 Pending -- -- --
05/04/2017 05/04/17 Pending -- -- --
04/01/2016 04/01/16 For Sale $599,000 -6.4% $260 / Sq Ft
01/12/2016 01/12/16 For Sale $640,000 0.0% $261 / Sq Ft
12/26/2015 12/26/15 For Sale $640,000 -- $261 / 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
2024 $3,200 $359,700 $55,100 $304,600
2023 $3,200 $359,700 $55,100 $304,600
2022 $3,128 $359,700 $55,100 $304,600
2021 $2,312 $265,900 $40,300 $225,600
2020 $2,312 $265,900 $40,300 $225,600
2019 $2,312 $265,900 $0 $0
2018 $2,300 $265,900 $0 $0
2017 $2,300 $265,900 $0 $0
2016 $2,457 $274,800 $0 $0
2015 $2,470 $274,800 $0 $0
2014 $2,391 $274,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joel Sivertsen

    Seller's Agent in 2020

    Joel Sivertsen

    NorthGroup Real Estate

    (919) 960-1915

    131 Total Sales

    Joel Sivertsen
    Section Image
  • Cara Buchanan

    Buyer's Agent in 2020

    Cara Buchanan

    Keller Williams One

    (336) 543-4812

    191 Total Sales

    Cara Buchanan
    Section Image
  • Barney Lawrence

    Seller's Agent in 2017

    Barney Lawrence

    RE/MAX

    (336) 227-4433

    37 Total Sales

    Barney Lawrence
    Section Image
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Map

Source: Triad MLS

MLS Number: 990350

Triad MLS

APN: 0101036

North Carolina Guilford County Elon 27244

7047 Sockwell Rd, Elon, NC

This home is located at 7047 Sockwell Rd, Elon, NC 27244 since 19 August 2020 and is currently estimated at $673,558, approximately $217 per square foot. This property was built in 2000. 7047 Sockwell Rd is a home located in Guilford County with nearby schools including Gibsonville Elementary School, Eastern Guilford Middle School, and Eastern Guilford High School.

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