NOT LISTED FOR SALE

7404 Summer Wind Ct Summerfield, NC 27358

Estimated Value: $520,000 - $736,109

4 Beds
3 Baths
2,506 Sq Ft
$250/Sq Ft Est. Value

Last Sold January 06, 2014

Last sale price $318,000 $127 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,720/month

37 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Porch
  • Summerfield Elementary School Rated A-
  • Solid Surface Countertops
  • 2 Car Attached Garage

About This Home

As of January 2014

Freddie Mac/HomeSteps Foreclosure. Freddie Mac/HomeSteps offers an allowance up to $500 to owner occupant buyers towards the buyer's purchase of a home warranty of their choice. Some new carpet, interior completely painted. Home SOLD AS-IS. This property is eligible for HomeSteps Financing. See AGENT ONLY & ATTACHMENTS for details, requirements & offer instructions!

Last Agent to Sell the Property

Lisa Bennett

Carolina Homes For Sale License #171495 Listed on: 10/11/2013

Carolina Homes For Sale

Last Buyer's Agent

Jennifer Morris

Gate City Real Estate License #224307

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 2005

Lot Details

  • 0.6 Acre Lot
  • Property is zoned OSRD

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,506 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Walk-In Attic
  • Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Summerwind Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 89
  • Assessor Parcel Number 0148197
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,945

Year Built

Built in 2005

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Subdivision Name: Summerwind
  • Directions: North on Hwy 220. Right on Hwy 150 East. Left on Somersby Drive. Take first left on Citizon Lane.Take first left on Summer Wind Court
  • Above Grade Finished Sq Ft: 2506
  • Architectural Style: Transitional
  • Unit Levels: One and One Half
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2506
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Soaking Tub, Pantry, Separate Shower, Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2506
  • Main Level Bathrooms: 2
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: None
  • Construction Type: Brick, Vinyl Siding, Wood Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Zoned, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 480
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0148197
  • Zoning: OSRD
  • TRIADMLS_PlatPage: 107
  • TRIADMLS_DeedPage: 2287
  • TRIADMLS_DeedBook: 7490
  • TRIADMLS_PlatBook: 153

Tax Info

  • Tax Annual Amount: 2944.96
  • Tax Block: 89
  • Tax Lot: 10
  • Tax Map Number: S0337C0840
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.9006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2013
Closed on
Nov 25, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Smith Jaenn Bailey
Seller's Agent
Lisa Bennett
Carolina Homes For Sale
Buyer's Agent
Jennifer Morris
Gate City Real Estate
List Price
$327,900
Sold Price
$318,000
Premium/Discount to List
-$9,900
-3.02%
Current Estimated Value
$626,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,027
Avg. Annual Appreciation
5.98%

Purchase Details

Closed on
May 28, 2013
Sold by
Services Of Carolina Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 16, 2006
Sold by
Otey Construction Inc
Bought by
Lambert Roy S and Lambert Dawn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.6%
Mortgage Type
Stand Alone Second
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
Smith Jaenn Bailey -- None Available
Federal Home Loan Mortgage Corporation $261,000 None Available
Lambert Roy S $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jaenn Bailey $477,000
Previous Owner Lambert Roy S $100,000
Previous Owner Lambert Roy S $331,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2014 01/06/14 Sold $318,000 -3.0% $127 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
10/11/2013 10/11/13 For Sale $327,900 -- $131 / 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
2024 $3,537 $397,900 $80,000 $317,900
2023 $3,537 $397,900 $80,000 $317,900
2022 $3,537 $397,900 $80,000 $317,900
2021 $2,926 $329,100 $75,000 $254,100
2020 $2,926 $329,100 $75,000 $254,100
2019 $2,926 $329,100 $0 $0
2018 $2,911 $329,100 $0 $0
2017 $2,926 $329,100 $0 $0
2016 $2,987 $327,000 $0 $0
2015 $3,004 $327,000 $0 $0
2014 $3,036 $327,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 687472

Triad MLS

APN: 0148197