NOT LISTED FOR SALE

7112 Rae Farms Way Greensboro, NC 27455

Estimated Value: $78,000 - $430,000

0.69 Acre
$319,088 Price per Acre
30,056 Sq Ft Lot

Last Sold January 04, 2023

Last sale price $75,000

Est. 194% increase in value since last sale

Current estimated payment $1,259/month

265 Days on Market

About This Lot

As of January 2023

Great neighborhood in NORTHERN SCHOOL district! This 0.69 acre lot is a great place to build your CUSTOM DREAM HOME! Great access to all the conveniences Greensboro has to offer! Multiple lots & locations are available. Custom Build to Suit - your plan or ours. LOW COUNTY TAXES! Northern elementary, middle & high schools! Call agent or builder for more information! Seller is a licensed real estate agent.

Last Agent to Sell the Property

Joseph Pezik

Advantage Build, LLC License #284700 Listed on: 03/28/2022

Co-Listed By

Tony Johnson

Advantage Build, LLC License #266790

Last Buyer's Agent

Cynthia Davis

Realty One Group Results License #308470

Realty One Group Results

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $813

Lot Details

  • 0.69 Acre Lot
  • Property is zoned RS-30

HOA Fees

  • $33 Monthly HOA Fees

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Private Water Source
  • Well
  • Phone Available
  • Cable TV Available

Community Details

  • Madison Meadows Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 0226979
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$813

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.69
  • Road Surface Type: Paved
  • Co List Office Mls Id: GAVBU01
  • Subdivision Name: Madison Meadows
  • Directions: Take Church Street North towards NC 150. Right onto Ariel Farm Rd. Right onto Rae Farms Way to enter subdivision. Lot is on the left.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_PhoneYN: Yes
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Subdivided
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Electric: Duke Power
  • Water Source: Private, Well
  • TRIADMLS_CableYN: Yes

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 #: 0226979
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 108695.6522
  • TRIADMLS_PlatPage: 137
  • TRIADMLS_DeedPage: 2714
  • TRIADMLS_DeedBook: 8008
  • TRIADMLS_PlatBook: 195
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 812.92
  • Tax Lot: 19
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.8557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
Dec 28, 2022
Sold by
M & J Developers Inc
Bought by
Gibson Ciera and Dandridge Frank
Seller's Agent
Joseph Pezik
Advantage Build, LLC
Buyer's Agent
Cynthia Davis
Realty One Group Results
List Price
$75,000
Sold Price
$75,000
Views
116
Current Estimated Value
$220,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,171
Avg. Annual Appreciation
46.70%
Original Mortgage
$516,170
Interest Rate
5.69%

Purchase Details

Closed on
Feb 8, 2018
Sold by
Ghid Reedy Fork Llc
Bought by
D R Horton Inc

Purchase Details

Closed on
Dec 21, 2017
Sold by
Ld Acquisitions I Llc
Bought by
M & J Developers Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gibson Ciera $75,000 --
Gibson Ciera $75,000 None Listed On Document
D R Horton Inc $154,000 None Available
M & J Developers Inc $65,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gibson Ciera $516,170
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2023 01/04/23 Sold $75,000 0.0% --
12/19/2022 12/19/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $75,000 -- --
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 $846 $95,000 $95,000 --
2024 $846 $95,000 $95,000 --
2023 $846 $95,000 $95,000 $0
2022 $813 $95,000 $95,000 $0
2021 $428 $50,000 $50,000 $0
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 2023

    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 2023

    Tony Johnson

    Advantage Build, LLC

    (336) 587-3673

    15 in this area

    51 Total Sales

    Tony Johnson
    Section Image
  • Cynthia Davis

    Buyer's Agent in 2023

    Cynthia Davis

    Realty One Group Results

    (336) 408-0725

    2 in this area

    59 Total Sales

    Cynthia Davis
    Section Image
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Map

Source: Triad MLS

MLS Number: 1063760

Triad MLS

APN: 0226979

North Carolina Guilford County Greensboro 27455

7112 Rae Farms Way, Greensboro, NC

This home is located at 7112 Rae Farms Way, Greensboro, NC 27455 since 28 March 2022 and is currently estimated at $220,171. 7112 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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Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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