$159,000
SOLD APR 26, 2012

7706 Tannery Rd Summerfield, NC 27358

3 Beds
3 Baths
2,517 Sq Ft
0.96 Acres

Recently Sold

$63 Per Sq Ft

5% Below List Price

14 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Fireplace in Basement
  • Summerfield Elementary School Rated A-
  • Wet Bar
  • Outdoor Storage

About This Home

As of May 2017

This peaceful acreage is located on a quite street in the Summerfield Community. It features a traditional brick ranch-style home with a wonderful screened porch and a lower level great room with a kitchenette and fireplace. The home offers a wired outbuilding completing the idyllic rural setting.

Last Agent to Sell the Property

Burton Kennedy

Keller Williams One License #50962 Listed on: 02/22/2012

Keller Williams One

Co-Listed By

June Kennedy

Keller Williams One License #164353

Last Buyer's Agent

Ed Purgason

eXp Realty License #162492

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1971

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 111 x 314 x 147 x 347
  • Property is zoned RS-30

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,517 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Ceiling Fan
  • Basement
  • Fireplace in Basement
  • Pull Down Stairs to Attic
  • Dishwasher
  • Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Central Air
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0147081
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.96
  • Lot Size: 111 x 314 x 147 x 347
  • Co List Office Mls Id: GKWG01
  • Co List Office Phone: 336-297-4545
  • Directions: North on Battleground (Hwy 220); Right on Myers Fork; Left on Tannery
  • Above Grade Finished Sq Ft: 2517
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1971
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 860
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2517
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Wet Bar
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 860
  • Fireplace Features: Basement
  • Fireplaces: 1
  • Living Area: 2517
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Construction Type: Brick
  • Other Structures: Storage

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0147081
  • Zoning: RS-30
  • TRIADMLS_PlatPage: 65
  • TRIADMLS_DeedPage: 1631
  • TRIADMLS_DeedBook: 3756
  • TRIADMLS_PlatBook: 41

Tax Info

  • Tax Annual Amount: 1380.16
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
May 8, 2017
Sold by
Gaffney John J and Eller Melissa S
Bought by
Powell Adam and Powell Andrea
Seller's Agent
William Sims
Windsor Real Estate Group
Buyer's Agent
Amy Clark
Allen Tate - Greensboro
List Price
$250,000
Sold Price
$248,000
Premium/Discount to List
-$2,000
-0.8%
Current Estimated Value
$473,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,704
Avg. Annual Appreciation
7.83%
Original Mortgage
$198,400
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2014
Sold by
Gaffney John J and Eller Melissa S
Bought by
Gaffney John J and Eller Melissa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,900
Interest Rate
4.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 22, 2012
Closed on
Apr 26, 2012
Sold by
Patterson Mark R and Patterson Charlotte L
Bought by
Gaffney John J
Seller's Agent
Burton Kennedy
Keller Williams One
Buyer's Agent
Ed Purgason
eXp Realty
List Price
$167,000
Sold Price
$159,000
Premium/Discount to List
-$8,000
-4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$153,959
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 1989
Bought by
Patterson Mark R
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 Type Sale Price Title Company
Warranty Deed $248,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $159,000 None Available
Warranty Deed $116,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $173,000 New Conventional
Closed $198,400 New Conventional
Previous Owner $43,900 Credit Line Revolving
Previous Owner $149,600 New Conventional
Previous Owner $153,959 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2017 05/11/17 Sold $248,000 -0.8% $95 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $250,000 +57.2% $96 / Sq Ft
04/26/2012 04/26/12 Sold $159,000 -4.8% $63 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $167,000 -- $66 / 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 $2,199 $247,300 $60,000 $187,300
2022 $2,199 $247,300 $60,000 $187,300
2021 $2,034 $228,800 $43,000 $185,800
2020 $2,034 $228,800 $43,000 $185,800
2019 $2,034 $228,800 $0 $0
2018 $2,024 $228,800 $0 $0
2017 $2,034 $228,800 $0 $0
2016 $1,495 $163,700 $0 $0
2015 $1,504 $163,700 $0 $0
2014 $1,520 $163,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 634973

Triad MLS

APN: 0147081