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7123 Summerdale Road

7123 Summerdale Road, Elon, NC 27244
Property in Guilford
Sold Jan 10, 2022
$247,000
$242,526 by Atlantic Bay Mortgage Group Ll
Mortgage Due Feb 01, 2052
Sold Jun 14, 2018
$165,000
$160,050 by Movement Mortgage
Mortgage Due Jul 01, 2048
7123 Summerdale Road in Elon, NC was first built in 1995 and is 29 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7123 Summerdale Road has 1,988 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 44,431 square feet.

Learn more about the property and building on this page. There is a open porch and a screened patio. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a carport. The garage is 360 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7123 Summerdale Road was last sold in Jan 4, 2022 for $247,000. According to our calculations, that's $124.25 per sqft. Prior to that sales transaction, the property was sold for $165,000 in Jun 8, 2018. Current property owners are expected to pay $1,642 in taxes per year. The property on 7123 Summerdale Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $188,900. To break that down further, the land itself was valued at $25,000. While improvements to the property were assessed at a total of $163,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B-
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 44,431
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,988
  • Gross Building Area: 1,988
  • Building Area: 1,988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,988
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASHLEY PROPERTIES
  • Land Acres: 1.02
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1.02AC 15 M2 PB 108-46 ASHLEY PL108-46

Ownership

  • Current Owner : BRICKLES LARRY RAY
  • Current Owner 2: BRICKLES KRYSTAL
  • Previous Owner : KERR RALPH EUGENE
  • Previous Owner 2: KERR ANNA TYRE
  • Owner Before Previous Owner: HEMPHILL LIVING TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Guilford County Schools
  • School Tax School District: FIRE DIST 28
  • Census Tract: 015201

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: A-0086
  • Account Number: 3248798001
  • District: 01
  • Parcel: 0100369
  • Block: 73S
  • Lot: 9
  • Meridian: TWN 01
  • Municipality: WASHINGTON
  • Latitude: 36.1482
  • Longitude: -79.5631

    Address

  • Full Address: 7123 Summerdale Rd
  • Address - House Number: 7123
  • Address - Street Name: Summerdale
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Elon
  • Carrier Code: R004
  • 4-Digit Zip Code: 9612
  • Zip Code: 27244

Valuation

    Tax

  • Total Area: 2,122
  • Tax Year: 2023
  • Tax Amount: $1,642
  • Tax Rate Code Area: 93

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 74
  • Final Value: 290,882
  • High Value: 347,009
  • Low Value: 234,756

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,526
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Jan 10, 2022
  • First Open Lien Mortgage Loan Amount: $242,526
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $188,900
  • Market Land Value: $25,000
  • Market Improvement Value: $163,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,900
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $163,900

    Sales

  • Current Sale Contract Date: Jan 04, 2022
  • Current Sale Recording Date: Jan 10, 2022
  • Current Sale Transaction ID: 11877548973
  • Current Sale Price: $247,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022002041
  • Previous Sale Recording Date: Jun 14, 2018
  • Previous Sale Contract Date: Jun 08, 2018
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Jan 10, 2022
  • First Mortgage Loan Amount: $242,526
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Jun 14, 2018
  • Previous Mortgage Loan Amount: $160,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Guilford



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Frequently Asked Questions

What neighborhood is 7123 Summerdale Road located in?
The 7123 Summerdale Road is a located in the neighborhood of Guilford in Guilford, Elon.
What is the average sales price for listings in 7123 Summerdale Road?
The average sales price for units in 7123 Summerdale Road is $0 currently.

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