NOT LISTED FOR SALE

7675 McGee Rd Rural Hall, NC 27045

Estimated Value: $461,000 - $528,519

3 Beds
2 Baths
2,200 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $480,000 $218 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,779/month

4 Days on Market

Highlights

  • Horses Allowed On Property
  • Living Room with Fireplace
  • Great Room
  • 8.5 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of October 2022

Homesteader/horse paradise. Photos do not do it justice. Must see. This beautiful 3 bedroom 2 bath home is situated on over 8 acres of pastures, garden spaces, woods and the opportunity for expansion with a huge unfinished basement with high ceilings. This property has many established garden spaces, a 50' round pen, pasture, turnout spaces for goats, donkeys, etc., four-strand electric rope on all fencing (solar charged); 10x10 shelter logic run-in for horses; fenced space for the chicken coop (egg laying chickens and rooster convey). Also on the property are apple trees, figs, peach trees, persimmon, blackberries, wine grapes (merlot), crepe myrtles; red buds, cypress, and oak trees. There is a 275 gal IBC rainwater catch system on site for all your outside watering needs. You should never run out of water or electricity with two water heaters and 2 electric panel boxes in this home.

Last Agent to Sell the Property

Wanda Saxx

Fathom Realty License #170294 Listed on: 09/21/2022

Fathom Realty

Co-Listed By

Tina Whiteheart

Howard Hanna Allen Tate - Winston Salem License #271033

Last Buyer's Agent

Joey Miller

R&B Legacy Group License #261984

R&B Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,727

Year Built

  • Built in 1990

Lot Details

  • 8.5 Acre Lot
  • Partially Fenced Property
  • Garden
  • Property is zoned RS30

Parking

  • 4 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,046 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • Fireplace in Basement

Kitchen

  • Cooktop with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Porch
  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6920751502
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,727

Year Built

Built in 1990

Lot Details

8.5 Acres

Parking

4

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 8.5
  • Co List Office Mls Id: WPPRE01
  • Co List Office Phone: 336-655-2843
  • Subdivision Name: None
  • Directions: UNIVERSITY PARKWAY/BROAD ST TO R ON KIGER - L ON FOSTER - R ON ACADEMY ST - R ON CREEDMORE - R ON MCGEE. FIRST HOUSE ON LEFT
  • Above Grade Finished Sq Ft: 2046
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1990
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Cooktop, Range Hood, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Living Area: 2046
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced, Partial
  • Lot Features: Horses Allowed, Pasture
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage, Circular Driveway, Driveway, Garage Door Opener, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Fireplace(s), Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6920751502
  • Zoning: RS30
  • TRIADMLS_AcresRange: 8 - 9

Tax Info

  • Tax Annual Amount: 2726.7
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Oct 21, 2022
Sold by
Francis Malachi Vaughn and Francis Cassondra Lynn
Bought by
Henry Rhan S and Henry Tricia C
Seller's Agent
Wanda Saxx
Fathom Realty
Buyer's Agent
Joey Miller
R&B Legacy Group
List Price
$510,000
Sold Price
$480,000
Premium/Discount to List
-$30,000
-5.88%
Current Estimated Value
$490,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,380
Avg. Annual Appreciation
0.63%
Original Mortgage
$200,000
Outstanding Balance
$190,965
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$299,415

Purchase Details

Listed on
Sep 10, 2020
Closed on
Nov 10, 2020
Sold by
Parascandolo Francesco L and Parascandolo Dawn Bowman
Bought by
Francis Malachi Vaughn and Dillingham Cassondra Lynn
Seller's Agent
Lisa Simmons
Ann Chilton Realty, Inc.
Buyer's Agent
Gina Layton
Coldwell Banker Advantage
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%
Original Mortgage
$354,050
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2004
Sold by
Bowman Parascandolo Francesco L and Bowman Parascondolo Dawn
Bought by
Parascandolo Francesco L and Parascandolo Dawn Bowman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1999
Sold by
Harris Judy K C
Bought by
Parascandolo Francesco L and Bowman Krista D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,900
Interest Rate
7.58%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Henry Rhan S $480,000 Chicago Title
Henry Rhan S $480,000 Chicago Title
Francis Malachi Vaughn $365,000 None Available
Parascandolo Francesco L -- --
Parascandolo Francesco L $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Rhan S $200,000
Closed Henry Rhan S $200,000
Previous Owner Francis Malachi Vaughn $354,050
Previous Owner Parascandolo Francesco L $179,100
Previous Owner Parascandolo Francesco L $214,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2022 10/26/22 Sold $480,000 -5.9% $267 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $510,000 +39.7% $283 / Sq Ft
11/11/2020 11/11/20 Sold $365,000 -- $215 / Sq Ft View Prior Sale
Source: Triad MLS

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 $2,727 $496,000 $128,300 $367,700
2024 $2,727 $346,600 $106,900 $239,700
2023 $2,727 $346,600 $106,900 $239,700
2022 $2,727 $346,600 $106,900 $239,700
2021 $2,727 $346,600 $106,900 $239,700
2020 $2,294 $266,500 $83,700 $182,800
2019 $2,307 $266,500 $83,700 $182,800
2018 $2,218 $266,500 $83,700 $182,800
2016 $2,191 $262,115 $97,109 $165,006
2015 $2,191 $262,115 $97,109 $165,006
2014 $2,130 $262,115 $97,109 $165,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1084803

Triad MLS

APN: 6920-75-1502

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