NOT LISTED FOR SALE

7206 Horseshoe Bend Trail Summerfield, NC 27358

Estimated Value: $954,000 - $1,140,000

4 Beds
4.5 Baths
6,700 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $895,000 $134 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,232/month

30 Days on Market

Highlights

  • Outdoor Pool
  • Sauna
  • Den with Fireplace
  • Summerfield Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of May 2022

Indulge in this ultimate resort-like paradise overlooking a peaceful lake in coveted Polo Farms. With over 6300 square feet, choose from two primary bedrooms one on the main level and another on the second level. The main level primary bedroom has an updated bathroom with an extra-large walk-in shower, free-standing tub, and granite countertops. It also includes a spacious walk-in closet with his and her sides. This impressive residence offers an open floor plan with a remodeled gourmet kitchen that flows comfortably into the living area. Custom built-in cabinets on each side of the fireplace are the focal point of the great room. The gorgeous sunroom with lots of natural light overlooks the water. Upstairs you will find 4 ample-sized rooms, 2 full bathrooms, and hardwood floors in the hallway. The basement has so many possibilities including a Home theatre, recreational room, office, inlaw suite,etc. Enjoy a home spa with the steam shower and sauna. Build family memories on the lake!

Last Agent to Sell the Property

Andrea Wilhelm

The Art of Southern Realty, Inc License #224507 Listed on: 03/25/2022

Last Buyer's Agent

Leslie Wales Hecht

Berkshire Hathaway HomeServices Yost & Little Realty License #216427

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,495

Year Built

  • Built in 1997

Lot Details

  • 1.19 Acre Lot
  • Sprinkler System
  • Property is zoned RS-40

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 6,369 Sq Ft Home
  • 5,700-6,700 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Den with Fireplace
  • 2 Fireplaces
  • Sauna
  • Finished Basement
  • Fireplace in Basement
  • Walk-In Attic
  • Dryer Hookup

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Outdoor Pool
  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Power Generator
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0148244
  • 1% Total Tax Rate

Community Details

Overview

  • Polo Farms Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,495

Year Built

Built in 1997

Lot Details

0

HOA Fees

$108 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.19
  • Subdivision Name: Polo Farms
  • Directions: From N on Battleground, R on Stawberry Rd, R into Polo Farms
  • Above Grade Finished Sq Ft: 6369
  • Architectural Style: Colonial
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1997
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1300 - 1600
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 5700 - 6700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Convection Oven, Dishwasher, Gas Cooktop, Electric Water Heater
  • Flooring: Carpet, Laminate, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Sauna, Separate Shower, Solid Surface Counter, Sound System, Central Vacuum
  • Other Equipment: Electronic Air Filter
  • Has Basement: Finished, Basement, Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1484
  • Door Features: Insulated Doors
  • Fireplace Features: Basement, Den
  • Fireplaces: 2
  • Living Area: 6369
  • Main Level Bathrooms: 2
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Sprinkler System
  • Fencing: None, Invisible
  • Pool Features: Community
  • Construction Type: Brick, Cement Siding
  • TRIADMLS_PoolYN: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric
  • Energy Features: Generator, Generator Auto Start, Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0148244
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 780672.2689
  • TRIADMLS_DeedPage: 6249
  • TRIADMLS_DeedBook: 1473
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 5495
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 20, 2022
Sold by
Harper Michael L and Harper Tressie M
Bought by
Haddix Kevin and Haddix Whitney Ivy
Seller's Agent
Andrea Wilhelm
The Art of Southern Realty, Inc
Buyer's Agent
Leslie Wales Hecht
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$965,000
Sold Price
$895,000
Premium/Discount to List
-$70,000
-7.25%
Current Estimated Value
$1,044,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,907
Avg. Annual Appreciation
4.59%
Original Mortgage
$805,411
Outstanding Balance
$766,218
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$272,742

Purchase Details

Closed on
Jan 31, 2005
Sold by
Franklin Norman D and Franklin Maryann W
Bought by
Harper Michael L and Harper Tressie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Haddix Kevin $895,000 Coltrane & Overfield Pllc
Harper Michael L $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haddix Kevin $805,411
Previous Owner Harper Michael L $79,700
Previous Owner Harper Michael L $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $895,000 -7.3% $157 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $965,000 -- $169 / 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 $6,681 $751,500 $131,300 $620,200
2024 $6,681 $718,200 $131,300 $586,900
2023 $6,681 $718,200 $131,300 $586,900
2022 $6,681 $751,500 $131,300 $620,200
2021 $5,495 $618,100 $106,300 $511,800
2020 $5,495 $618,100 $106,300 $511,800
2019 $5,495 $618,100 $0 $0
2018 $0 $618,100 $0 $0
2017 $5,467 $618,100 $0 $0
2016 $5,483 $600,200 $0 $0
2015 $5,513 $600,200 $0 $0
2014 $5,573 $600,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1063074

Triad MLS

APN: 0148244