NOT LISTED FOR SALE

7110 Rae Farms Way Greensboro, NC 27455

Estimated Value: $515,746 - $793,000

4 Beds
3 Baths
3,400 Sq Ft
$198/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $485,500 $143 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,941/month

277 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Solid Surface Countertops
  • Northern Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of September 2020

MOVE IN READY MODERN FARMHOUSE by M & J Developers! This 4 bed/3 bath Energy Star Certified Home in Northern Greensboro will TAKE YOUR BREATHE AWAY! 1st Flr features a SPACIOUS Master Bdrm/Bath, 2nd Bdrm, Inviting Foyer, Large Great Room & Dining Room for entertaining. Upstairs you'll find 2 Bdrms, a Wonderful Bonus Room. Quality features & finishes throughout incl wainscoting, barn door, coffered / trey ceilings, crown, tile, granite! COUNTY TAXES! NORTHERN SCHOOLS! Call for more info! Owner is co-agent.

Last Agent to Sell the Property

Joseph Pezik

Advantage Build, LLC License #284700 Listed on: 11/22/2019

Co-Listed By

Tony Johnson

Advantage Build, LLC License #266790

Last Buyer's Agent

Tia Crouch

Howard Hanna Allen Tate - Greensboro License #206279

Howard Hanna Allen Tate - Greensboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $428

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.77 Acre Lot
  • Property is zoned RS-30

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Interior Spaces

  • 3,178 Sq Ft Home
  • 2,800-3,400 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Well
  • Tankless Water Heater

Community Details

  • Madison Meadows Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 0226978
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$428

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Co List Office Mls Id: GAVBU01
  • Co List Office Phone: 336-617-6795
  • Subdivision Name: Madison Meadows
  • Directions: Head north on North Church Street. Take right onto Ariel Farm Rd (Ariel Farm Rd is first right after Archergate Rd). Take right into new Madison Meadows subdivision (New Road is Rae Farms Way). House is on the left.
  • Above Grade Finished Sq Ft: 3178
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2020
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2800 - 3400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: New
  • Special Features: 4098

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Tankless Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 3178
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Lot Features: Subdivided
  • Pool Features: None
  • Construction Type: Cement Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Paved, Garage Door Opener, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage

Utilities

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

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 #: 0226978
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 630519.4805
  • TRIADMLS_PlatPage: 137
  • TRIADMLS_DeedPage: 0058
  • TRIADMLS_DeedBook: 8096
  • TRIADMLS_PlatBook: 195
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 427.85
  • Tax Lot: 18
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.8557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Sep 16, 2020
Sold by
M & J Devlopers Inc
Bought by
Reader David Vernon
Seller's Agent
Joseph Pezik
Advantage Build, LLC
Buyer's Agent
Tia Crouch
Howard Hanna Allen Tate - Greensboro
Sold Price
$485,500
Current Estimated Value
$674,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,937
Avg. Annual Appreciation
6.64%
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
Reader David Vernon $485,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2020 09/17/20 Sold $485,500 -- $173 / 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 $4,453 $500,100 $95,000 $405,100
2024 $4,453 $500,100 $95,000 $405,100
2023 $4,453 $500,100 $95,000 $405,100
2022 $4,279 $500,100 $95,000 $405,100
2021 $3,305 $386,200 $50,000 $336,200
2020 $428 $50,000 $50,000 $0
2019 $428 $50,000 $0 $0
2018 $0 $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joseph Pezik

    Advantage Build, LLC

    (336) 617-6795

    34 in this area

    93 Total Sales

    Joseph Pezik
    Section Image

  • T

    Seller Co-Listing Agent in 2020

    Tony Johnson

    Advantage Build, LLC

    (336) 587-3673

    15 in this area

    51 Total Sales

    Tony Johnson
    Section Image

  • T

    Buyer's Agent in 2020

    Tia Crouch

    Howard Hanna Allen Tate - Greensboro

    (336) 210-7822

    1 in this area

    109 Total Sales

    Tia Crouch
    Section Image
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Map

Source: Triad MLS

MLS Number: 958659

Triad MLS

APN: 0226978

North Carolina Guilford County Greensboro 27455

7110 Rae Farms Way, Greensboro, NC

This home is located at 7110 Rae Farms Way, Greensboro, NC 27455 since 22 November 2019 and is currently estimated at $674,437, approximately $198 per square foot. This property was built in 2020. 7110 Rae Farms Way is a home located in Guilford County with nearby schools including Northern Elementary School, Northern Guilford Middle School, and Northern Guilford High School.

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