NOT LISTED FOR SALE

7450 Strader Rd Summerfield, NC 27358

Estimated Value: $486,000 - $1,881,000

10 Acres
$116,939 Price per Acre
435,600 Sq Ft Lot

Last Sold January 19, 2021

Last sale price $425,000

Est. 175% increase in value since last sale

Current estimated payment $6,884/month

311 Days on Market

Highlights

  • Secluded Lot
  • Partially Wooded Lot
  • Views
  • Summerfield Elementary School Rated A-
  • No HOA
  • Pasture

About This Lot

As of January 2021

Approximately 10 acres in Sought after Summerfield. Rolling terrain and outstanding views. Build on your own time frame! No HOA! Subject to final survey and subdivision.

Last Agent to Sell the Property

Nancy Hess

Berkshire Hathaway HomeServices Yost & Little Realty License #145797 Listed on: 11/12/2019

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Nancy Hess

Berkshire Hathaway HomeServices Yost & Little Realty License #145797 Listed on: 11/12/2019

Berkshire Hathaway HomeServices Yost & Little Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,205

Lot Details

  • 10 Acre Lot
  • Fenced
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned AG & RS40

Schools

  • Northern Middle School
  • Northern High School

Additional Features

  • Pasture
  • Well
  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0148072
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$8,205

Lot Details

0

Listing Details

  • Property Sub Type: Agriculture
  • Prop. Type: Land
  • Lot Size Acres: 10
  • Subdivision Name: None
  • Directions: North on Lawndale/Lake Brandt across the lakes to the Southern States intersection at NC Hwy 150. Make a left heading west to right on Strader Road. Just past Strader Woods on the right hand side
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Exterior Features

  • Fencing: Fenced
  • Lot Features: Partially Cleared, Partially Wooded, Pasture, Rolling Slope, Secluded, Views
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0148072
  • Zoning: AG & RS40
  • TRIADMLS_PricePerAcre: 42500
  • TRIADMLS_DeedPage: 1340
  • TRIADMLS_DeedBook: 5101
  • TRIADMLS_AcresRange: 9 - 10

Tax Info

  • Tax Map Number: 7849
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2019
Closed on
Jan 13, 2021
Sold by
Johns Gregory A and Christian Teresa L
Bought by
Oza Jitendrakumar Vitlialbhai and Oza Punita Jitendrakumar
Seller's Agent
Nancy Hess
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Nancy Hess
Berkshire Hathaway HomeServices Yost & Little Realty
Sold Price
$425,000
Current Estimated Value
$1,169,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,393
Avg. Annual Appreciation
23.86%

Purchase Details

Closed on
Aug 14, 2020
Sold by
Johns Gregory A and Christian Teresa L
Bought by
Weavil David C and Weavil Mila D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2000
Sold by
Sessoms Development Inc
Bought by
Johns Gregory A and Christian Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.91%
Mortgage Type
Purchase Money Mortgage
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
Oza Jitendrakumar Vitlialbhai $425,000 None Available
Weavil David C $1,150,000 None Available
Johns Gregory A $280,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weavil David C $1,035,000
Previous Owner Johns Gregory A $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2021 01/19/21 Sold $425,000 -- --
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 $8,205 $922,900 $274,700 $648,200
2024 $8,205 $922,900 $274,700 $648,200
2023 $8,205 $922,900 $274,700 $648,200
2022 $8,149 $916,600 $274,700 $641,900
2021 $6,495 $730,600 $214,600 $516,000
2020 $5,057 $810,600 $294,600 $516,000
2019 $5,057 $568,822 $0 $0
2018 $5,032 $568,822 $0 $0
2017 $5,032 $568,822 $0 $0
2016 $4,860 $532,027 $0 $0
2015 $4,887 $532,027 $0 $0
2014 $4,940 $532,027 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 956462

Triad MLS

APN: 0148072