NOT LISTED FOR SALE

7601 Penns Grove Rd Summerfield, NC 27358

Estimated Value: $536,000 - $700,000

4 Beds
3.5 Baths
3,600 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $320,000 $89 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,458/month

96 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Outdoor Storage
  • Stokesdale Elementary School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2018

Open House 11/11 2-4pm~~30K under appraisal NEW CARPET!! Heating fuel being converted to Natural Gas
3400+/- sf Split bedroom plan 4 BD 3-1/2 BA on main. Large kitchen w/granite, maple cabinets, two ss ovens one convection, ss fridge. His & Her master closets.Two huge flex spaces up perfect for theater, exercise, climate controlled storage Backyard has grapevines, fire pit, pergola, wired storage bldg, stamped patio, large deck all perfect for entertaining! NW Schools, No HOA, 1 mile to new Hwy 73

Last Agent to Sell the Property

Laura Russell

Carolina Home Partners by eXp Realty License #261069 Listed on: 08/10/2018

Carolina Home Partners by eXp Realty

Last Buyer's Agent

Margaret Pelc

Berkshire Hathaway HomeServices Yost & Little Realty License #267200

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,586

Year Built

  • Built in 2005

Lot Details

  • 1.02 Acre Lot
  • Level Lot
  • Property is zoned RS-30

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,367 Sq Ft Home
  • 3,000-3,600 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace
  • Living Room with Fireplace

Kitchen

  • Convection Oven
  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Northwest Guilford Middle School
  • Northwest Guilford High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0149909
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,586

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Lot Size: 0
  • Subdivision Name: None
  • Directions: 220 North or 73 North~Left on Hwy 150~Right on Whitaker~Left on Penns Grove Rd.
  • Above Grade Finished Sq Ft: 3367
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3000 - 3600
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • Living Area: 3367
  • Main Level Bathrooms: 4
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage

Utilities

  • Sewer: Septic Tank
  • Security: Security Lights
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Stokesdale
  • High School: Northwest Guilford
  • Middle Or Junior School: Northwest Guilford

Lot Info

  • Parcel #: 0149909
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 318529.4118
  • TRIADMLS_PlatPage: 155
  • TRIADMLS_DeedPage: 2083
  • TRIADMLS_DeedBook: 7893
  • TRIADMLS_PlatBook: 75
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2586
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.0889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Dec 13, 2018
Sold by
Milone William and Milone Linda T
Bought by
Greer Michael S and Greer Laurie D
Seller's Agent
Laura Russell
Carolina Home Partners by eXp Realty
Buyer's Agent
Margaret Pelc
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$345,000
Sold Price
$320,000
Premium/Discount to List
-$25,000
-7.25%
Current Estimated Value
$603,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,472
Avg. Annual Appreciation
9.78%
Original Mortgage
$330,560
Outstanding Balance
$291,230
Interest Rate
4.8%
Mortgage Type
VA
Estimated Equity
$312,242

Purchase Details

Closed on
Dec 17, 2016
Sold by
Sutton Robert W and Milone Linda T
Bought by
Milone Linda T and Milone William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,100
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2006
Sold by
Eagle Crest Construction Inc
Bought by
Sutton Robert W and Sutton Linda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,550
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2005
Sold by
Byrd Clarence D
Bought by
Eagle Crest Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
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
Greer Michael S $320,000 None Available
Milone Linda T -- None Available
Sutton Robert W $289,000 None Available
Eagle Crest Construction Inc $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greer Michael S $330,560
Previous Owner Milone Linda T $239,100
Previous Owner Sutton Robert W $274,550
Previous Owner Eagle Crest Construction Inc $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2018 12/18/18 Sold $320,000 -7.2% $107 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $345,000 -- $115 / 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
2025 $3,105 $349,300 $68,000 $281,300
2024 $3,105 $349,300 $68,000 $281,300
2023 $3,105 $349,300 $68,000 $281,300
2022 $3,105 $349,300 $68,000 $281,300
2021 $2,629 $295,700 $48,000 $247,700
2020 $2,629 $295,700 $48,000 $247,700
2019 $2,629 $290,900 $0 $0
2018 $2,573 $290,900 $0 $0
2017 $2,586 $290,900 $0 $0
2016 $2,584 $282,900 $0 $0
2015 $2,598 $282,900 $0 $0
2014 $2,627 $282,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Laura Russell

    Carolina Home Partners by eXp Realty

    (336) 207-8018

    109 Total Sales

    Laura Russell
    Section Image

  • M

    Buyer's Agent in 2018

    Margaret Pelc

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 253-4444

    8 Total Sales

    Margaret Pelc
    Section Image
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Map

Source: Triad MLS

MLS Number: 899556

Triad MLS

APN: 0149909

North Carolina Guilford County Summerfield 27358

7601 Penns Grove Rd, Summerfield, NC

This home is located at 7601 Penns Grove Rd, Summerfield, NC 27358 since 10 August 2018 and is currently estimated at $603,472, approximately $167 per square foot. This property was built in 2005. 7601 Penns Grove Rd is a home located in Guilford County with nearby schools including Stokesdale Elementary School, Northwest Guilford Middle School, and Northwest Guilford High School.

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