NOT LISTED FOR SALE

7054 Toscana Trace Summerfield, NC 27358

Estimated Value: $868,000 - $994,000

4 Beds
6 Baths
4,800 Sq Ft
$193/Sq Ft Est. Value

Last Sold March 05, 2020

Last sale price $555,000 $116 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,560/month

143 Days on Market

Highlights

  • Outdoor Pool
  • Wood Flooring
  • Attic
  • Summerfield Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Solid Surface Countertops

About This Home

As of March 2020

Located in The Vineyards at Summerfield, near shopping, dining, parks & Greensboro, this home offers tasteful finishes & outstanding flexibility. Feats incl bullnose corners, arches, extensive millwork & columns. NEW carpet/paint. Kitchen open to b’fast rm & 2-sty great rm. ML master w/fabulous bath & big walk-in closet. 2nd level bonus w/office, 3rd level rec rm w/wet bar. Guest quarters w/full bath over 1-car detached garage. Patio overlooks beautiful back yard. N’hood swim/tennis. Northern Schools.

Last Agent to Sell the Property

Dj McGarrigan

Tyler Redhead & McAlister Real Estate, LLC License #264942 Listed on: 08/12/2019

Tyler Redhead & McAlister Real Estate, LLC

Last Buyer's Agent

Scott Vosburgh

eXp Realty License #213100

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,079

Year Built

  • Built in 2004

Lot Details

  • 1.01 Acre Lot
  • Property is zoned RS-40

HOA Fees

  • $144 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,534 Sq Ft Home
  • 4,000-4,800 Sq Ft Home
  • Property has 2.5 Levels
  • Wet Bar
  • Ceiling Fan
  • Arched Doorways
  • Great Room with Fireplace
  • Walk-In Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Outdoor Pool
  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0146507
  • 1% Total Tax Rate

Community Details

Overview

  • The Vineyards At Summerfield Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,079

Year Built

Built in 2004

Lot Details

0

HOA Fees

$144 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.01
  • Subdivision Name: The Vineyards At Summerfield
  • Directions: North on Battleground/Hwy 220. R - Hwy 150. R - Toscana Trace. Home on Left.
  • Above Grade Finished Sq Ft: 4534
  • Unit Levels: 2.5
  • Structure Type: House
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4000 - 4800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Guest Quarters, Arched Doorways, Ceiling Fan(s), Dead Bolt(s), Pantry, Separate Shower, Solid Surface Counter, Central Vacuum, Wet Bar
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 4534
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_HalfBathsUpper: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: Community
  • Construction Type: Brick
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage, Driveway, Attached, Detached
  • Garage Description: Attached Garage, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air, Zoned
  • Heating: Forced Air, Multiple Systems, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 144
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0146507
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 559405.9406
  • TRIADMLS_PlatPage: 91
  • TRIADMLS_DeedPage: 1806
  • TRIADMLS_DeedBook: 7351
  • TRIADMLS_PlatBook: 153
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 5079
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
Mar 4, 2020
Sold by
Thornton Gary and Thornton Gloria
Bought by
Childs David and Childs Andrea
Seller's Agent
Dj McGarrigan
Tyler Redhead & McAlister Real Estate, LLC
Buyer's Agent
Scott Vosburgh
eXp Realty
Sold Price
$555,000
Current Estimated Value
$925,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,381
Avg. Annual Appreciation
9.54%
Original Mortgage
$444,000
Outstanding Balance
$401,831
Interest Rate
4.73%
Mortgage Type
New Conventional
Estimated Equity
$523,550

Purchase Details

Listed on
Mar 29, 2012
Closed on
Apr 23, 2012
Sold by
Hsbc Bank Usa N A
Bought by
Thornton Gary and Thornton Gloria
Seller's Agent
Erica Jobe
Southern Stars Realty Group
Buyer's Agent
David Lanzi
Keller Williams One
List Price
$519,900
Sold Price
$481,600
Premium/Discount to List
-$38,300
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.83%
Original Mortgage
$381,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2012
Sold by
Mcbride Michael G
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jun 29, 2006
Sold by
Magnolia Building Corp
Bought by
Mcbride Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2004
Sold by
The Vineyard At Summerfield Llc
Bought by
Magnolia Building Corp and Mcbride Commercial Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.68%
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
Childs David $555,000 None Available
Thornton Gary $482,000 None Available
Hsbc Bank Usa National Association $476,823 None Available
Mcbride Michael G -- None Available
Magnolia Building Corp $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Childs David $444,000
Previous Owner Thornton Gary $381,600
Previous Owner Mcbride Michael G $422,000
Previous Owner Magnolia Building Corp $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2020 03/05/20 Sold $555,000 +15.2% $139 / Sq Ft
05/17/2012 05/17/12 Sold $481,600 -7.4% $108 / Sq Ft View Prior Sale
04/18/2012 04/18/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $519,900 -- $117 / 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
2025 $6,122 $688,600 $110,000 $578,600
2024 $6,122 $688,600 $110,000 $578,600
2023 $6,122 $688,600 $110,000 $578,600
2022 $5,878 $661,200 $110,000 $551,200
2021 $5,079 $571,300 $80,000 $491,300
2020 $5,079 $571,300 $80,000 $491,300
2019 $5,079 $571,300 $0 $0
2018 $5,053 $571,300 $0 $0
2017 $5,079 $571,300 $0 $0
2016 $5,080 $556,100 $0 $0
2015 $5,108 $556,100 $0 $0
2014 $5,163 $556,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 944652

Triad MLS

APN: 0146507