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7201 Horseshoe Bend Trail

7201 Horseshoe Bend Trail, Summerfield, NC 27358
Property in Polo Farms
Sold Jul 01, 2021
$675,000
$450,000 by Better Mortgage Corporation
Mortgage Due Aug 01, 2051
Sold Jun 03, 2005
$508,500
$371,250 by American Home Mortgage Accepta
Mortgage Due Jul 01, 2035
7201 Horseshoe Bend Trail in Summerfield, NC was first built in 2005 and is 19 years old. Although, the building on the property was most recently renovated and altered in 2008. 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. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 7201 Horseshoe Bend Trail has 4,593 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 1,980 ft and the linear feet between the front and back of the lot is 1,800. In total, the area measurement of the land is 40,075 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a garage. The garage is 829 sqft. There are a total of 3 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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 forced air unit and being fueled with gas. 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. The property was last sold in Jul 1, 2021 for $675,000. That's $146.96 per sqft. Prior to that sales transaction, the property was also sold in Jun 2, 2005 for $508,500. 7201 Horseshoe Bend Trail was last assessed in 2023. The total value of the property was assessed at $600,600. Specifically, the land the property is located on was valued at $100,000. While improvements on the property were assessed at a total of $500,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,339. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 829
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,980
  • Total Building Area: 4,593
  • Gross Building Area: 4,593
  • Building Area: 4,593
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,593
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POLO FARMS
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 269 S1 MAP 1 RPB148-82 POLO FARMS PL148-82

Ownership

  • Current Owner : SHAH PRAGNESH
  • Current Owner 2: SHAH BHUMIKA
  • Previous Owner : GARNER ANDREW K
  • Previous Owner 2: GARNER LYNN F
  • Owner Before Previous Owner: CAROLINA LANDMARKS BUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Guilford County Schools
  • Census Tract: 015800

Zoning

  • Zoning: RS-40

Geography

  • Assessors Map Reference: A-0339
  • Account Number: 4711777001
  • Subdivision Tract Number: 269
  • Parcel: 0148241
  • Block: 838S
  • Lot: 269
  • Municipality: BRUCE
  • Latitude: 36.1799
  • Longitude: -79.871

    Address

  • Full Address: 7201 Horseshoe Bend Trl
  • Address - House Number: 7201
  • Address - Street Name: Horseshoe Bend
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Summerfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 9294
  • Zip Code: 27358

Valuation

    Tax

  • Total Area: 4,829
  • Tax Year: 2023
  • Tax Amount: $5,339
  • Tax Rate Code Area: 89

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 69
  • Final Value: 821,993
  • High Value: 1,003,419
  • Low Value: 640,568

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jul 01, 2021
  • First Open Lien Mortgage Loan Amount: $450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $600,600
  • Market Land Value: $100,000
  • Market Improvement Value: $500,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $600,600
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $500,600

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Transaction ID: 11846733390
  • Current Sale Price: $675,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021049634
  • Previous Sale Recording Date: Jun 03, 2005
  • Previous Sale Contract Date: Jun 02, 2005
  • Previous Sale Amount: $508,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jul 01, 2021
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MORTGAGE ACCEPTA
  • Previous Mortgage Transaction Date: Jun 03, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $371,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Polo Farms



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Frequently Asked Questions

What neighborhood is 7201 Horseshoe Bend Trail located in?
The 7201 Horseshoe Bend Trail is a located in the neighborhood of Polo Farms in Polo Farms, Summerfield.
What is the average sales price for listings in 7201 Horseshoe Bend Trail?
The average sales price for units in 7201 Horseshoe Bend Trail is $0 currently.

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