NOT LISTED FOR SALE

7709 Penns Grove Rd Summerfield, NC 27358

Estimated Value: $481,000 - $670,613

4 Beds
2 Baths
3,100 Sq Ft
$181/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $325,000 $105 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,282/month

29 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Circular Driveway
  • Stokesdale Elementary School Rated A-
  • No HOA
  • Porch

About This Home

As of April 2020

Own a piece of history! 2 log barns-Charles Bruce homeplace (1 of founding fathers of Greensboro & George Washington's Purchasing Agent) were used in the construction of house. Reclaimed pegged wd flrs from Old King Cotton Hotel in Greensboro. Log constr dates back to 1768-1771! Situated on 5 gorgeous priv acres (part owner of private lake) in heart of Summerfield. Great 2-car det garage w/plenty of space for cars & full loft-perfect for workshop!

Last Agent to Sell the Property

Bobbi Gardner

Bobbie Gardner Realty, Inc License #175672 Listed on: 01/30/2020

Last Buyer's Agent

Mary Queen Johnson

Keller Williams Realty License #260885

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,289

Year Built

  • Built in 1971

Lot Details

  • 5 Acre Lot
  • Street terminates at a dead end
  • Rural Setting
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot
  • Property is zoned RS-30

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Circular Driveway

Home Design

  • Log Siding
  • Masonite
  • Stone

Interior Spaces

  • 2,914 Sq Ft Home
  • 2,600-3,100 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Den with Fireplace
  • Dryer Hookup
  • Property Views

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Northwest Middle School
  • Northwest High School

Farming

  • Barn

Utilities

  • Dual Heating Fuel
  • Heat Pump System
  • Heating System Uses Propane
  • Private Water Source
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0167514
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,289

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 5
  • Lot Size: 5 acres
  • Subdivision Name: None
  • Directions: Hwy 68N, R Hwy 150, L Whitaker Dr, L Penns Grove, house on the left
  • Above Grade Finished Sq Ft: 2914
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1971
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2600 - 3100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 2914
  • Main Level Bathrooms: 1
  • TRIADMLS_HalfBathsLower: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced, Partial
  • Lot Features: Cleared, Dead End, Level, Rural, Views
  • Pool Features: None
  • Construction Type: Log, Masonite, Stone
  • Other Structures: Barn(s), Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Circular Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level
  • Cooling: Heat Pump
  • Heating: Dual Fuel System, Electric, Propane
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0167514
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 76980
  • TRIADMLS_DeedPage: 597
  • TRIADMLS_DeedBook: 6697
  • TRIADMLS_AcresRange: 4 - 5

Tax Info

  • Tax Annual Amount: 2289
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Mar 31, 2020
Sold by
Jessup Elizabeth Jean and Jessup Dennis
Bought by
Cox Abby and Cox Kyle
Seller's Agent
Bobbi Gardner
Bobbie Gardner Realty, Inc
Buyer's Agent
Mary Queen Johnson
Keller Williams Realty
Sold Price
$325,000
Current Estimated Value
$562,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,403
Avg. Annual Appreciation
10.43%
Original Mortgage
$295,249
Outstanding Balance
$261,555
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$300,848

Purchase Details

Closed on
Apr 6, 2009
Bought by
Holloway Robert Watson
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
Cox Abby $325,000 None Available
Holloway Robert Watson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Abby $295,249
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2020 04/07/20 Sold $325,000 -- $125 / 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 $3,601 $405,100 $211,100 $194,000
2024 $3,601 $405,100 $211,100 $194,000
2023 $3,601 $405,100 $211,100 $194,000
2022 $3,601 $405,100 $211,100 $194,000
2021 $2,289 $257,500 $111,000 $146,500
2020 $2,289 $257,500 $111,000 $146,500
2019 $2,289 $257,500 $0 $0
2018 $2,278 $257,500 $0 $0
2017 $2,278 $257,500 $0 $0
2016 $2,268 $248,300 $0 $0
2015 $2,281 $248,300 $0 $0
2014 $2,305 $248,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 963703

Triad MLS

APN: 0167514