NOT LISTED FOR SALE

7618 Summerfield Rd Summerfield, NC 27358

Estimated Value: $249,000 - $376,000

3 Beds
3.5 Baths
2,000 Sq Ft
$156/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $118,000 $59 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,831/month

2 Days on Market

Highlights

  • Dining Room with Fireplace
  • No HOA
  • Central Air
  • Summerfield Elementary School Rated A-
  • Attached Garage

About This Home

As of October 2017

This home is located at 7618 Summerfield Rd, Summerfield, NC 27358 since 01 September 2017 and is currently estimated at $312,799, approximately $156 per square foot. This property was built in 1958. 7618 Summerfield Rd is a home located in Guilford County with nearby schools including Summerfield Elementary School, Northern Guilford Middle School, and Northern Guilford High School.

Last Agent to Sell the Property

Lee Childress

eXp Realty, LLC License #297728 Listed on: 09/01/2017

Last Buyer's Agent

Lee Childress

eXp Realty, LLC License #297728 Listed on: 09/01/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,517

Year Built

  • Built in 1958

Lot Details

  • 1.16 Acre Lot
  • Property is zoned rs30

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,897 Sq Ft Home
  • 1,700-2,000 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Attached Garage
  • Driveway

Utilities

  • Central Air
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0146696
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,517

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.16
  • Subdivision Name: None
  • Directions: off of Summerfield rd
  • Above Grade Finished Sq Ft: 1897
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1958
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1700 - 2000
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room, Living Room
  • Fireplaces: 2
  • Living Area: 1897
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Baseboard, Electric, No Fuel
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, No Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0146696
  • Zoning: rs30
  • TRIADMLS_PricePerAcre: 86206.8966
  • TRIADMLS_DeedPage: 549
  • TRIADMLS_DeedBook: 1593
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1517
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.0275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Nov 29, 2017
Sold by
Mccanless Karen Tuttle and Smith Donna Tuttle
Bought by
Shropshire Michael Todd and Shropshire Jeanie Hall
Seller's Agent
Lee Childress
eXp Realty, LLC
Buyer's Agent
Lee Childress
eXp Realty, LLC
List Price
$100,000
Sold Price
$118,000
Premium/Discount to List
$18,000
18%
Current Estimated Value
$312,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,799
Avg. Annual Appreciation
11.97%

Purchase Details

Listed on
Sep 1, 2017
Closed on
Sep 29, 2017
Sold by
Mccanless Karen Tuttle and Smith Donna Tuttle
Bought by
Shropshire Michael Todd and Shropshire Jeanie Hall
Seller's Agent
Lee Childress
eXp Realty, LLC
Buyer's Agent
Lee Childress
eXp Realty, LLC
List Price
$100,000
Sold Price
$118,000
Premium/Discount to List
$18,000
18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
3.86%
Mortgage Type
Future Advance Clause Open End 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
Shropshire Michael Todd $118,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shropshire Michael Todd $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2017 10/03/17 Sold $118,000 +18.0% $69 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $100,000 -- $59 / 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 $1,685 $189,500 $66,000 $123,500
2023 $1,685 $189,500 $66,000 $123,500
2022 $1,685 $189,500 $66,000 $123,500
2021 $1,486 $167,200 $47,300 $119,900
2020 $1,486 $167,200 $47,300 $119,900
2019 $1,486 $167,200 $0 $0
2018 $1,479 $167,200 $0 $0
2017 $1,486 $167,200 $0 $0
2016 $1,517 $166,100 $0 $0
2015 $1,526 $166,100 $0 $0
2014 $1,542 $166,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lee Childress

    eXp Realty, LLC

See All Agents

Map

Source: Triad MLS

MLS Number: 848996

Triad MLS

APN: 0146696

North Carolina Guilford County Summerfield 27358

7618 Summerfield Rd, Summerfield, NC

This home is located at 7618 Summerfield Rd, Summerfield, NC 27358 since 01 September 2017 and is currently estimated at $312,799, approximately $156 per square foot. This property was built in 1958. 7618 Summerfield Rd is a home located in Guilford County with nearby schools including Summerfield Elementary School, Northern Guilford Middle School, and Northern Guilford High School.

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