NOT LISTED FOR SALE

7085 Lanier Rd Summerfield, NC 27358

Estimated Value: $715,709 - $808,000

4 Beds
3.5 Baths
3,900 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 01, 2016

Last sale price $415,000 $106 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,520/month

63 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • 3 Car Attached Garage
  • Stokesdale Elementary School Rated A-
  • Porch
  • Outdoor Storage

About This Home

As of June 2016

TRANQUILITY & SERENITY abound in this stunning lakeside home w/ beautiful views from the bright open kitchen, great room & custom back patio. Luxurious main level master suite w/ gorgeous spa bath. Vaulted 2 story great room w/ cozy fireplace. Spacious kitchen w/ island, granite counters & gas cooktop. Hardwoods throughout main level, stairs, & upstairs BR. Abundant storage & walk in closets. Large bonus ideal for entertaining & plumbed for wet bar. Sealed crawl space. Landscaping meticulously maintained.

Last Agent to Sell the Property

Kim Delahanty

Coldwell Banker Advantage License #282109 Listed on: 03/01/2016

Coldwell Banker Advantage

Co-Listed By

Pamela Harper

Coldwell Banker Advantage License #267937

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,497

Year Built

  • Built in 2004

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 125 x 375 x 106 x 390
  • Property is zoned RS-30

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,626 Sq Ft Home
  • 3,200-3,900 Sq Ft Home
  • Property has 2 Levels
  • Great Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

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

Community Details

  • Frogs Leap Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0150390
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,497

Year Built

Built in 2004

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Lot Size: 125 x 375 x 106 x 390
  • Co List Office Mls Id: GCBT01
  • Co List Office Phone: 336-282-4414
  • Subdivision Name: Frogs Leap
  • Directions: 220 North, West on 150, Right on Dubach, Left on Lanier, Home on Right
  • Above Grade Finished Sq Ft: 3626
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3200 - 3900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Soaking Tub
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 3626
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Lighting, Garden
  • Fencing: None
  • Construction Type: Brick
  • Other Structures: Storage

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Security: Security Lights
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Stokesdale
  • High School: Northwest
  • Middle Or Junior School: Northwest

Lot Info

  • Parcel #: 0150390
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 386363.6364
  • TRIADMLS_PlatPage: 113
  • TRIADMLS_DeedPage: 1542
  • TRIADMLS_DeedBook: 6841
  • TRIADMLS_PlatBook: 150
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 3497
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.9185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jun 1, 2016
Sold by
Revocab Jeffrey and Revocab Lien Kim Tu Chalmers
Bought by
Ma Zhaoming and Song Lihua
Seller's Agent
Kim Delahanty
Coldwell Banker Advantage
List Price
$435,000
Sold Price
$415,000
Premium/Discount to List
-$20,000
-4.6%
Current Estimated Value
$773,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,677
Avg. Annual Appreciation
6.87%
Original Mortgage
$394,250
Outstanding Balance
$313,984
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$459,693

Purchase Details

Closed on
Jan 25, 2008
Bought by
Chalmers Jeffrey

Purchase Details

Closed on
Oct 16, 2006
Sold by
Manuel Wendell C and Manuel Welynda H
Bought by
Tu Chalmers Lien and Chalmers Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2005
Sold by
Trimco Builders Llc
Bought by
Manuel Wendell C and Manuel Welynda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,400
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac
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
Ma Zhaoming $415,000 None Available
Chalmers Jeffrey -- --
Tu Chalmers Lien $447,000 None Available
Manuel Wendell C $358,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Zhaoming $394,250
Previous Owner Tu Chalmers Lien $320,000
Previous Owner Manuel Wendell C $358,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2016 06/01/16 Sold $415,000 -4.6% $130 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $435,000 -- $136 / 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 $4,421 $497,300 $72,000 $425,300
2024 $4,421 $497,300 $72,000 $425,300
2023 $4,421 $497,300 $72,000 $425,300
2022 $4,421 $497,300 $72,000 $425,300
2021 $3,691 $415,200 $55,000 $360,200
2020 $3,691 $415,200 $55,000 $360,200
2019 $3,691 $415,200 $0 $0
2018 $3,673 $415,200 $0 $0
2017 $3,673 $415,200 $0 $0
2016 $3,478 $380,700 $0 $0
2015 $3,497 $380,700 $0 $0
2014 $3,535 $380,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 785669

Triad MLS

APN: 0150390