$745,000
UNDER CONTRACT $14K PRICE DROP

7107 Rae Farms Way Greensboro, NC 27455

Estimated payment $4,467/month

Total Views 5,378
4 Beds
3 Baths
2,858 Sq Ft
$261 Price per Sq Ft

Highlights

  • In Ground Pool
  • Transitional Architecture
  • Attic
  • Northern Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Solid Surface Countertops

About This Home

Welcome home to this beautifully designed home that combines modern features, an inviting floor plan, and abundant outdoor living. Nestled on just under an acre, this property offers a fenced yard, an inviting in-ground pool, a covered back porch, and a charming gazebo. The main level offers a spacious primary suite with a luxurious bath, a dedicated office, and a second bedroom ideal for guests or multi-generational living. Upstairs, you’ll find two additional bedrooms and a generous bonus room, offering flexible space for a playroom, media room, or fitness area. There is a huge walk-in attic space that provides exceptional storage or future expansion options. Located in Northern School district with low county taxes, enjoy the convenience of the nearby neighborhood shopping that includes Lowes Foods and more! This home is also a short distance to all that Greensboro has to offer.

Listing Agent

Angie Wilkie

Keller Williams One License #192484 Listed on: 07/03/2025

Keller Williams One

Co-Listing Agent

Katrina Lazar

Keller Williams One License #186169

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,485

Year Built

  • Built in 2021

Lot Details

  • 0.81 Acre Lot
  • Street terminates at a dead end
  • Fenced
  • Property is zoned RS-30

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture

Interior Spaces

  • 2,858 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • Dryer Hookup

Kitchen

  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Attic

  • Walk-In Attic
  • Permanent Attic Stairs

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Tankless Water Heater

Community Details

  • Madison Meadows Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 226969
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,485

Year Built

Built in 2021

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.81
  • Co List Office Mls Id: GKWG01
  • Co List Office Phone: 336-297-4545
  • Subdivision Name: Madison Meadows
  • Directions: North Church St, Right on Ariel Farm, Right into Madison Meadows neighborhood, Follow Rae Farm Way to home
  • Above Grade Finished Sq Ft: 2858
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2021
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_LandDescription: Dead End, Fence(s), Subdivision
  • Special Features: UnderContract

Interior Features

  • Appliances: Free-Standing Range, Range Hood, Tankless Water Heater
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island, Pantry, Separate Shower, Solid Surface Counter
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 2858
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic, Permanent Stairs, Walk in Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Dead End, Subdivided
  • Pool Features: In Ground, Private
  • Construction Type: Cement Siding
  • Other Structures: Gazebo
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Driveway, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Private Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Tankless
  • Energy Features: Energy Star Rated

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 226969
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 919753.0864
  • TRIADMLS_PlatPage: 137
  • TRIADMLS_DeedPage: 1974
  • TRIADMLS_DeedBook: 8327
  • TRIADMLS_PlatBook: 195

Tax Info

  • Tax Annual Amount: 4484.56
  • Tax Lot: 9
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.8905

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $4,485 $503,600 $95,000 $408,600
2022 $4,309 $503,600 $95,000 $408,600
2021 $2,775 $324,300 $50,000 $274,300
2020 $428 $50,000 $50,000 $0
2019 $428 $50,000 $0 $0
2018 $0 $50,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $745,000 -1.8% $261 / Sq Ft
07/03/2025 07/03/25 For Sale $759,000 +912.0% $266 / Sq Ft
08/31/2020 08/31/20 Sold $75,000 -- --
Source: Triad MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $75,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $509,200 VA
Closed $509,160 Construction
Previous Owner $397,500 Construction
Source: Public Records

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Source: Triad MLS

MLS Number: 1185944

Triad MLS

APN: 0226969