NOT LISTED FOR SALE

7302 Summerland Dr Raleigh, NC 27612

Estimated Value: $299,000 - $353,000

3 Beds
2 Baths
1,742 Sq Ft
$189/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $302,000 $173 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,959/month

2 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • No HOA
  • Wooded Lot
  • Granite Countertops
  • Patio

About This Home

As of March 2022

Updated townhome with NO HOA in convenient and desirable N. Raleigh location. Updates include new roof, water heater, fresh interior paint and carpet, new granite counters in kitchen. Enjoy Winter nights by the fireplace in the large living room, and as Spring comes, nights can be spent on the back deck. Walk out finished basement , full bath and utility room. Could be used as bedroom or office/bonus room.

Last Agent to Sell the Property

Liz Brown

Compass -- Cary License #294985 Listed on: 01/21/2022

Compass -- Cary

Last Buyer's Agent

Shaun Romisher

Choice Residential Real Estate License #306868

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,544

Year Built

  • Built in 1982

Lot Details

  • 2,178 Sq Ft Lot
  • Wooded Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Carpet

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Exterior Basement Entry
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Schools

  • Lynn Road Elementary School
  • Carroll Middle School
  • Sanderson High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Village On The Green Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,544

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Year Built: 1982
  • Prop. Type: Residential
  • Subdivision Name: Village on the Green
  • Above Grade Finished Sq Ft: 1159.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: new survey needed
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Basement
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Levels Three Or More: Yes
  • Laundry Features In Basement: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 1159.0
  • General Property Information Below Grade Finished Area: 583.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet
  • Interior Amenities: Entrance Foyer, Granite Counters
  • Basement: Daylight, Exterior Entry, Finished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 583.0
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Living Room: Yes
  • Basement Finished: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.05
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Patio
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad
  • Parking Features:Parking Pad: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Sanderson
  • Middle Or Junior School: Wake - Carroll

Lot Info

  • Lot Dimensions: new survey needed
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1544.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Lynn Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 10, 2022
Sold by
Gainey Jr Eugene D and Gainey Karen
Bought by
Pena Ari
Seller's Agent
Liz Brown
Compass -- Cary
Buyer's Agent
Shaun Romisher
Choice Residential Real Estate
List Price
$274,900
Sold Price
$302,000
Premium/Discount to List
$27,100
9.86%
Current Estimated Value
$328,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,472
Avg. Annual Appreciation
2.38%
Original Mortgage
$276,400
Outstanding Balance
$257,783
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$70,689

Purchase Details

Closed on
Nov 5, 2003
Sold by
Mortgage Electronic Registration Systems
Bought by
Gainey Eugene D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 29, 1998
Sold by
Lasko Victoria M and Narron Victoria M
Bought by
Barclift Benny A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.11%
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
Pena Ari $302,000 Adams Michele Callaway
Gainey Eugene D $87,000 --
Barclift Benny A $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Ari $276,400
Previous Owner Gainey Eugene D $78,000
Previous Owner Barclift Benny A $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $302,000 -- --
03/09/2022 03/09/22 Sold $302,000 +9.9% $173 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $274,900 -- $158 / Sq Ft
Source: Doorify 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 $2,675 $304,415 $90,000 $214,415
2024 $2,664 $304,415 $90,000 $214,415
2023 $1,727 $156,628 $50,000 $106,628
2022 $1,606 $156,628 $50,000 $106,628
2021 $1,544 $156,628 $50,000 $106,628
2020 $1,516 $156,628 $50,000 $106,628
2019 $1,389 $118,167 $25,000 $93,167
2018 $1,311 $118,167 $25,000 $93,167
2017 $1,249 $118,167 $25,000 $93,167
2016 $1,224 $118,167 $25,000 $93,167
2015 $1,194 $113,379 $22,000 $91,379
2014 $1,133 $113,379 $22,000 $91,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2427741

Doorify MLS

APN: 1707.13-13-8014-000