NOT LISTED FOR SALE

7701 Penns Grove Rd Summerfield, NC 27358

Estimated Value: $456,000 - $576,393

4 Beds
2.5 Baths
3,300 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $244,900 $74 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,891/month

184 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • Porch
  • Stokesdale Elementary School Rated A-
  • No HOA
  • 1 Car Attached Garage

About This Home

As of May 2016

Acreage in Summerfield. Spacious home on 6.75 acres. Formal living room, formal dining room, den w/wood burning fireplace & sliding doors to multi-level deck w/BI grill. Updated kitchen w/stainless appliances, pantry, BI china cabinet, granite counters & tile backsplash. Breakfast area w/window seating. Basement bonus room. Huge master w/2 WI closets. Master bath w/step in shower. BR 4 has it's own access to hall bath. Detached building w/wet bar & half bath. Add'l storage shed.

Last Agent to Sell the Property

Andrew Leung

Keller Williams One License #190176 Listed on: 09/23/2015

Keller Williams One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 1968

Lot Details

  • 6.75 Acre Lot
  • Property is zoned RS-30

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,105 Sq Ft Home
  • 2,700-3,300 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Den with Fireplace
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0167510
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,208

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.75
  • Subdivision Name: None
  • Directions: Battleground to left on Hwy 150. Right on Whitaker Drive, left on Penns Grove.
  • Above Grade Finished Sq Ft: 3105
  • Unit Levels: Two
  • Year Built: 1968
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 500 - 600
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2700 - 3300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry, Solid Surface Counter
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 556
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 3105
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0167510
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 36962.963
  • TRIADMLS_DeedPage: 1557
  • TRIADMLS_DeedBook: 7235
  • TRIADMLS_AcresRange: 6 - 7

Tax Info

  • Tax Annual Amount: 2207.9
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.891

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2015
Closed on
Apr 25, 2016
Sold by
Broyles Mark and Broyles Kelly
Bought by
Silver Jennifer Michelle
Seller's Agent
Andrew Leung
Keller Williams One
List Price
$269,500
Sold Price
$244,900
Premium/Discount to List
-$24,600
-9.13%
Current Estimated Value
$502,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,698
Avg. Annual Appreciation
7.90%
Original Mortgage
$251,825
Outstanding Balance
$200,926
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$301,672

Purchase Details

Closed on
Apr 25, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Broyles Mark and Broyles Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,098
Interest Rate
4.74%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2011
Sold by
Clark Robert D and Clark Claire D
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 29, 1993
Bought by
Clark Robert D
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
Silver Jennifer Michelle $250,000 None Available
Broyles Mark -- None Available
Federal Home Loan Mortgage Corporation $197,324 None Available
Clark Robert D $153,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Jennifer Michelle $251,825
Previous Owner Broyles Mark $180,098
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2016 05/02/16 Sold $244,900 -9.1% $91 / Sq Ft
03/26/2016 03/26/16 Pending -- -- --
09/23/2015 09/23/15 For Sale $269,500 -- $100 / 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 $2,714 $315,000 $121,500 $193,500
2024 $2,714 $315,000 $121,500 $193,500
2023 $2,714 $315,000 $121,500 $193,500
2022 $2,714 $315,000 $121,500 $193,500
2021 $2,142 $248,600 $132,500 $116,100
2020 $2,142 $248,600 $132,500 $116,100
2019 $2,142 $248,600 $0 $0
2018 $2,131 $248,600 $0 $0
2017 $2,131 $248,600 $0 $0
2016 $2,196 $247,800 $0 $0
2015 $2,208 $247,800 $0 $0
2014 $2,233 $247,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 772637

Triad MLS

APN: 0167510