$372,000
SOLD JUL 1, 2014

7507 William Bailey Rd Summerfield, NC 27358

4 Beds
3.5 Baths
3,200 Sq Ft
1.13 Acres

Recently Sold

$116 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

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

About This Home

As of February 2016

Beautiful custom built spacious brick ranch in desirable Summerfield neighborhood. Extensive trim work & attractive archways. Great open transitional split BR plan. Huge den w/vaulted ceiling&gas log FPLC opens to kitchen w/granite,tile backsplash&custom cabinetry.Large master BR has deluxe bath&separate vanities w/granite tops. Screen porch&raised patio overlook beautiful yard w/lots of privacy&great landscaping.Great stg space.Oversized side entry garage. Pella windows!1/2 bth has custom antique vanity!

Last Agent to Sell the Property

Melissa Greer

Berkshire Hathaway HomeServices Yost & Little Realty License #74293 Listed on: 05/23/2014

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Betty Moser-Callahan

Berkshire Hathaway HomeServices Carolinas Realty License #96394

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,049

Year Built

  • Built in 1999

Lot Details

  • 1.13 Acre Lot
  • Secluded Lot
  • Property is zoned RS-30

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Solid Surface Countertops

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
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater

Community Details

  • Elmhurst Estates Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 0146666
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,049

Year Built

Built in 1999

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.13
  • Subdivision Name: Elmhurst Estates
  • Directions: 220 N to R on Joseph Hoskins Road, R on William Bailey Road, House on the R
  • Above Grade Finished Sq Ft: 3200
  • Unit Levels: One
  • Year Built: 1999
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry, Separate Shower, Solid Surface Counter, Central Vacuum
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 3200
  • Main Level Bathrooms: 4
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Garden
  • Lot Features: Secluded
  • Construction Type: Brick
  • 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
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Zoned, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0146666
  • Zoning: RS-30
  • TRIADMLS_PlatPage: 98
  • TRIADMLS_DeedPage: 1644
  • TRIADMLS_DeedBook: 4615
  • TRIADMLS_PlatBook: 123

Tax Info

  • Tax Annual Amount: 3048.53
  • Tax Lot: 24
  • Tax Map Number: A-0037
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.9006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
Feb 26, 2016
Sold by
Gamez Raul G
Bought by
Schnurman David
Seller's Agent
Betty Moser-Callahan
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Billie Wilson
Century 21 Sterling Triad
List Price
$387,900
Sold Price
$362,250
Premium/Discount to List
-$25,650
-6.61%
Total Days on Market
9
Current Estimated Value
$623,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,642
Avg. Annual Appreciation
6.31%
Original Mortgage
$242,200
Outstanding Balance
$194,116
Interest Rate
3.62%
Estimated Equity
$445,203

Purchase Details

Listed on
May 23, 2014
Closed on
Jun 26, 2014
Sold by
Mauser Stephen F and Mauser Debora L
Bought by
Gamez Raul G and Gamez Dora C
Seller's Agent
Melissa Greer
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Betty Moser-Callahan
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$378,900
Sold Price
$372,000
Premium/Discount to List
-$6,900
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.59%
Original Mortgage
$297,600
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 24, 1997
Bought by
Mauser Stephen F
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 Type Sale Price Title Company
Deed -- --
Warranty Deed $372,000 None Available
Warranty Deed $39,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,200 No Value Available
Closed -- No Value Available
Previous Owner $297,600 Adjustable Rate Mortgage/ARM
Previous Owner $106,000 New Conventional
Previous Owner $119,005 New Conventional
Previous Owner $134,500 Unknown
Previous Owner $226,000 Unknown
Previous Owner $240,000 Unknown
Previous Owner $247,800 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $362,250 -6.6% $129 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $387,900 +4.3% $139 / Sq Ft
07/01/2014 07/01/14 Sold $372,000 -1.8% $116 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $378,900 -- $118 / 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 $4,113 $462,600 $80,000 $382,600
2022 $4,113 $462,600 $80,000 $382,600
2021 $3,211 $361,200 $50,000 $311,200
2020 $3,211 $361,200 $50,000 $311,200
2019 $3,211 $361,200 $0 $0
2018 $3,195 $361,200 $0 $0
2017 $3,211 $361,200 $0 $0
2016 $3,092 $338,500 $0 $0
2015 $3,109 $338,500 $0 $0
2014 $3,143 $338,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 707912

Triad MLS

APN: 0146666