NOT LISTED FOR SALE

7125 Summerdale Rd Elon, NC 27244

Estimated Value: $288,949 - $303,000

3 Beds
2 Baths
1,318 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $152,000 $115 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,677/month

35 Days on Market

Highlights

  • Deck
  • Attic
  • Granite Countertops
  • Vaulted Ceiling
  • 1 Fireplace
  • Porch

About This Home

As of May 2016

Charming Home With Front Porch On 1.27 Acres With Gas Log Fireplace, Vaulted Living Room, Spacious Kitchen With Granite Counters, Split Bedroom Floor Plan, Master With Walk-In-Closet, Brand New Carpet, Wired Out Building, Double Carport, 7 Zone Irrigation System, 2-Tier Back Deck, Tree-Lined Lot. 1 Year Home Warranty! Eligible For 100% Usda Financing!

Last Agent to Sell the Property

Hilary Hill

Hill Barbour Realty License #228694 Listed on: 03/09/2016

Hill Barbour Realty

Last Buyer's Agent

Jessica Fields

Mcmasters Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,606

Year Built

  • 1994

Lot Details

  • 1.27 Acre Lot
  • Irregular Lot
  • Irrigation Equipment

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Insulated Windows
  • Laminate Flooring
  • Pull Down Stairs to Attic
  • Washer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 8837339404

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,606

Year Built

1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.27
  • Lot Size: 55321
  • Directions: From Burlington - Take Hwy 87 North, Left On Barber Rd, Rt On Elon Ossipee Rd, Left On Midway Church, Turns Into Summerdale Rd, Home On Right.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Other Equipment: Irrigation Equipment
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Attic, Granite Counters, Other, Pull Down Attic Stairs, Vaulted Ceiling(s)
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Irregular Lot
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • Patio And Porch Features: Deck, Porch

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 8837339404
  • Zoning Description: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2021
Sold by
Hicks Tanner C
Bought by
Hicks Tanner C and Hicks Kacie
Current Estimated Value
$294,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,700
Outstanding Balance
$124,049
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$170,688

Purchase Details

Listed on
Mar 9, 2016
Closed on
May 11, 2016
Sold by
Michael Brian and Michael Cameron S
Bought by
Hicks Tanner C
Seller's Agent
Hilary Hill
Hill Barbour Realty
Buyer's Agent
Jessica Fields
Mcmasters Realty
List Price
$149,900
Sold Price
$152,000
Premium/Discount to List
$2,100
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$149,246
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2004
Sold by
Moyer Greg and Moyer Jennifer Lynn Hill
Bought by
Michael Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2003
Sold by
Hewlett Craig A and Hewlett Kelly T
Bought by
Hill Jennifer Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.01%
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
Hicks Tanner C -- None Available
Hicks Tanner C $152,000 None Available
Michael Brian $132,000 --
Hill Jennifer Lynn $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks Tanner C $140,700
Closed Hicks Tanner C $149,246
Previous Owner Michael Brian $118,800
Previous Owner Hill Jennifer Lynn $106,400
Closed Hill Jennifer Lynn $26,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $152,000 +1.4% $115 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $149,900 -- $114 / Sq Ft
Source: Alamance Multiple Listing Service

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 $1,606 $180,600 $31,300 $149,300
2024 $1,606 $180,600 $31,300 $149,300
2023 $1,606 $180,600 $31,300 $149,300
2022 $1,570 $180,600 $31,300 $149,300
2021 $1,297 $149,200 $20,000 $129,200
2020 $1,297 $149,200 $20,000 $129,200
2019 $1,297 $149,200 $0 $0
2018 $1,291 $149,200 $0 $0
2017 $1,291 $149,200 $0 $0
2016 $979 $109,500 $0 $0
2015 $984 $109,500 $0 $0
2014 $953 $109,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 90547

APN: 0100370