NOT LISTED FOR SALE

7499 William Bailey Rd Summerfield, NC 27358

Estimated Value: $669,000 - $726,000

4 Beds
3.5 Baths
4,200 Sq Ft
$166/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $660,000 $157 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,288/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Double Oven
  • Summerfield Elementary School Rated A-
  • Solid Surface Countertops
  • Porch

About This Home

As of April 2024

Welcome to Summerfield! This southern-living home with a wrap-around porch on a gorgeous private lot is what everyone dreams of. Enjoy front or back porch sitting. The home has a wonderful sunroom/breakfast area with lots of natural light where you can watch the wildlife. The interior flow makes it a great home to entertain. Plus, the two staircases are perfect for optimal convenience! The main level office suite could be used as a bedroom. Depending on your family's needs, the upstairs office has the potential to be a large utility room or nursery. The third-floor bonus and exercise area are additional options for a large family. There are so many rooms to fit your unique needs. The .99-acre level lot has mature trees! Convenient location to highways, shopping, and restaurants. Great Schools and neighborhood!

Last Agent to Sell the Property

Andrea Wilhelm

The Art of Southern Realty, Inc License #224507 Listed on: 03/25/2024

Last Buyer's Agent

Kimberly Moore-Dudley

Compass Carolinas, LLC License #189600

Compass Carolinas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,437

Year Built

  • Built in 1998

Lot Details

  • 0.99 Acre Lot
  • Property is zoned RS-30

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 3,983 Sq Ft Home
  • 3,500-4,200 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer Hookup

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Water Purifier

Community Details

  • Elmhurst Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0146670
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,437

Year Built

Built in 1998

Lot Details

0

HOA Fees

$6 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.99
  • Subdivision Name: Elmhurst Estates
  • Directions: N on Battleground/220N, R on Joseph Hoskins Rd, R on William Bailey Rd
  • Above Grade Finished Sq Ft: 3983
  • Architectural Style: Traditional
  • Unit Levels: Three Or More
  • Structure Type: House
  • Year Built: 1998
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Double Oven, Exhaust Fan, Gas Cooktop, Water Purifier, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry, Separate Shower, Solid Surface Counter, Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 3983
  • Main Level Bathrooms: 2
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage, Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Security: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association Fee: 72
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0146670
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 666666.6667
  • TRIADMLS_DeedPage: 1267
  • TRIADMLS_DeedBook: 8591
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 4437
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Apr 30, 2024
Sold by
Wallace Andrew Nels and Kelley Dannielle Elizabeth
Bought by
Hill Julianna Linda and Wilson Christopher Ethan
Seller's Agent
Andrea Wilhelm
The Art of Southern Realty, Inc
Buyer's Agent
Kimberly Moore-Dudley
Compass Carolinas, LLC
List Price
$645,000
Sold Price
$660,000
Premium/Discount to List
$15,000
2.33%
Total Days on Market
1
Views
41
Current Estimated Value
$696,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,831
Avg. Annual Appreciation
5.06%
Original Mortgage
$528,000
Outstanding Balance
$522,847
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$173,984

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 14, 2022
Sold by
Farrell William J and Farrell Barbara
Bought by
Wallace Andrew Nels and Kelley Dannielle Elizabeth
Seller's Agent
Ed Kimbrough
Allen Tate - Greensboro
Buyer's Agent
Lauren McRae
Keller Williams One
Sold Price
$570,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$570,209
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1999
Sold by
Barry Van Atkins Inc
Bought by
Farrell William J and Farrell Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.72%
Source: Public Records

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Range of Values:

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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
Hill Julianna Linda $660,000 None Listed On Document
Wallace Andrew Nels $570,500 Stegall & Clifforf Pllc
Farrell William J $301,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Julianna Linda $528,000
Previous Owner Wallace Andrew Nels $570,209
Previous Owner Farrell William J $100,000
Previous Owner Farrell William J $200,000
Previous Owner Farrell William J $180,000
Previous Owner Farrell William J $100,000
Previous Owner Farrell William J $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $660,000 +2.3% $189 / Sq Ft
04/18/2024 04/18/24 Off Market $645,000 -- --
03/27/2024 03/27/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $645,000 +13.1% $184 / Sq Ft
03/15/2022 03/15/22 Sold $570,209 -- $190 / 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
2023 $4,437 $474,800 $80,000 $394,800
2022 $4,437 $499,100 $80,000 $419,100
2021 $2,885 $324,500 $50,000 $274,500
2020 $2,885 $324,500 $50,000 $274,500
2019 $2,885 $324,500 $0 $0
2018 $2,870 $324,500 $0 $0
2017 $2,885 $324,500 $0 $0
2016 $2,901 $317,600 $0 $0
2015 $2,917 $317,600 $0 $0
2014 $2,949 $317,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1137142

Triad MLS

APN: 0146670