NOT LISTED FOR SALE

7055 Toscana Trace Summerfield, NC 27358

Estimated Value: $1,189,305 - $1,519,000

5 Beds
5.5 Baths
4,593 Sq Ft
$293/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $699,900 $152 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,907/month

187 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Attic
  • Summerfield Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

As of February 2013

Extremely handsome home offers an open floor plan with spacious well appointed rooms. First floor master suite is spacious with a tray ceiling and luxurious Ritz Carlton style bath. Gourmet kitchen enjoys granite counter tops, custom cabinets along with Dacor & Bosch stainless steel appliances. Second bedroom on 1st floor. Upstairs, big bedrooms w/private baths & large closets. Large bonus room and a full walkout, daylight unfinished basement with a patio. Inviting deck overlooks a big grassed backyard.

Last Buyer's Agent

Mark Yost

Berkshire Hathaway HomeServices Yost & Little Realty License #75630

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,271

Year Built

  • Built in 2006

Lot Details

  • 1.79 Acre Lot
  • Sloped Lot
  • Sprinkler System
  • Property is zoned RS-40

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,593 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Den with Fireplace
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Convection Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Attic

  • Attic Fan
  • Walk-In Attic
  • Permanent Attic Stairs

Outdoor Features

  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

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

Listing and Financial Details

  • Tax Lot 081
  • Assessor Parcel Number 0146516
  • 1% Total Tax Rate

Community Details

Overview

  • Vineyards/Summerfield Ph 01 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,271

Year Built

Built in 2006

Lot Details

0

HOA Fees

$103 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.79
  • Subdivision Name: Vineyards/Summerfield Ph 01
  • Directions: North on Hwy 220, right on Hwy 150 East,right into the Vineyards at Summerfield on Toscana Trace.
  • Above Grade Finished Sq Ft: 4593
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4593
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Convection Oven, Cooktop, Dishwasher, Exhaust Fan, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Interior Attic Fan, Separate Shower
  • Has Basement: Unfinished, Basement, Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Insulated Doors
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 4593
  • Main Level Bathrooms: 3
  • Attic Description: Floored Attic, Permanent Stairs, Walk in Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Lighting, Sprinkler System
  • Fencing: None
  • Lot Features: City Lot, Sloped
  • Pool Features: Community
  • Construction Type: Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level
  • Security: Security Lights, Security System, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Forced Air, Zoned, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association Fee: 102.5
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0146516
  • Zoning: RS-40
  • TRIADMLS_PlatPage: 91
  • TRIADMLS_DeedPage: 1685
  • TRIADMLS_DeedBook: 6691
  • TRIADMLS_PlatBook: 153

Tax Info

  • Tax Annual Amount: 6271.41
  • Tax Lot: 081
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.9134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2012
Closed on
Feb 20, 2013
Sold by
Lee Chad and Lee Melissa Gambill
Bought by
Entrikin Daniel W and Entrikin Joann
Buyer's Agent
Mark Yost
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$750,000
Sold Price
$699,900
Premium/Discount to List
-$50,100
-6.68%
Current Estimated Value
$1,345,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$645,926
Avg. Annual Appreciation
5.31%
Original Mortgage
$664,900
Outstanding Balance
$465,231
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$880,595

Purchase Details

Closed on
Mar 16, 2007
Sold by
Dennis Sosebee Custom Homes
Bought by
Ward Chad Lee and Ward Melissa Gambill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Entrikin Daniel W $700,000 None Available
Ward Chad Lee $700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Entrikin Daniel W $664,900
Previous Owner Ward Chad Lee $406,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2013 02/22/13 Sold $699,900 -6.7% $152 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $750,000 -- $163 / 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 $8,031 $903,400 $119,400 $784,000
2024 $8,031 $903,400 $119,400 $784,000
2023 $8,031 $903,400 $119,400 $784,000
2022 $8,031 $903,400 $119,400 $784,000
2021 $6,978 $784,900 $86,800 $698,100
2020 $6,978 $784,900 $86,800 $698,100
2019 $6,978 $766,000 $0 $0
2018 $0 $766,000 $0 $0
2017 $6,776 $766,000 $0 $0
2016 $6,096 $667,300 $0 $0
2015 $6,129 $667,300 $0 $0
2014 $6,196 $667,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2013

    Mark Yost

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 707-6275

    62 Total Sales

    Mark Yost
    Section Image
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Map

Source: Triad MLS

MLS Number: 641991

Triad MLS

APN: 0146516

North Carolina Guilford County Summerfield 27358

7055 Toscana Trace, Summerfield, NC

This home is located at 7055 Toscana Trace, Summerfield, NC 27358 since 04 May 2012 and is currently estimated at $1,345,826, approximately $293 per square foot. This property was built in 2006. 7055 Toscana Trace 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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