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Sold for $280,000
    • $280,000

    7118 Martin Lake Rd, Summerfield, NC 27358

    3beds
    1,824sqft
    Stick/Site Built, Residential, Single Family Residence
    Built in 1967
    0.94 Acres Lot
    $330,600 Zestimate®
    $--/sqft
    $2,246 Estimated rent

    Home value

    $330,600

    $311,000 - $354,000

    $2,246/mo

    Zestimate® history
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    $1,721/mo

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    What's special

    Adorable house offers location, many updates and almost an acre! Roof new in 2020, new vinyl windows, new flooring, refinished hardwoods, granite countertops. The oversize Den/Bonus room even has space for your ping pong table! The wood burning fireplace is the perfect spot for those coming cozy nights. Northern schools, close to 220, easy access to 73 and 840 make this the perfect spot. AND, a new basketball court! Ready to move in. Come and see your new home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Becky Mills 336-314-3900,

    Howard Hanna Allen Tate Oak Ridge Commons

    Bought with:

    Becky Mills

    Howard Hanna Allen Tate Oak Ridge Commons

    Source: Triad MLS,MLS#: 1155404MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Main
    • Dimensions: 13 x 11
    Bedroom 2
    • Level: Main
    • Dimensions: 15 x 11
    Bedroom 3
    • Level: Main
    • Dimensions: 11 x 9
    Great room
    • Level: Main
    • Dimensions: 22 x 22
    Kitchen
    • Level: Main
    • Dimensions: 19 x 11
    Laundry
    • Level: Main
    • Dimensions: 16 x 5
    Living room
    • Level: Main
    • Dimensions: 18 x 11
    Heating
    • Heat Pump, Electric
    Cooling
    • Heat Pump
    Appliances
    • Included: Microwave, Dishwasher, Range, Electric Water Heater
    • Laundry: Dryer Connection, Washer Hookup
    Features
    • Great Room, Ceiling Fan(s), Dead Bolt(s), Pantry
    • Flooring: Laminate, Vinyl, Wood
    • Doors: Insulated Doors
    • Windows: Insulated Windows
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Den
    Interior area
    • Total structure area: 1,824
    • Total interior livable area: 1,824 sqft
    • Finished area above ground: 1,824

    Property

    Parking
    • Parking features: Driveway, Circular Driveway, No Garage
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 0.94 Acres
    • Features: City Lot
    Details
    • Additional structures: Storage
    • Parcel number: 7939708066
    • Zoning: SFR
    • Special conditions: Owner Sale

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Stick/Site Built, Residential, Single Family Residence
    Materials
    • Masonite
    Condition
    • Year built: 1967

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Rayle Heights
    HOA
    • Has HOA: No
    Location
    • Region: Summerfield

    Financial & listing details

    • Tax assessed value: $228,000
    • Annual tax amount: $2,026
    • Date on market: 9/13/2024
    • Cumulative days on market: 5 days
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    7/7/2025Listing removed$1,985$1/sqft
    Source: Zillow Rentals Report a problem
    7/1/2025Price change$1,985-5.5%$1/sqft
    Source: Zillow Rentals Report a problem
    6/24/2025Listed for rent$2,100$1/sqft
    Source: Zillow Rentals Report a problem
    10/31/2024Sold$280,000-13.8%
    Source: Triad MLS #1155404 Report a problem
    9/18/2024Pending sale$325,000
    Source: Triad MLS #1155404 Report a problem
    9/13/2024Listed for sale$325,000+42.5%
    Source: Triad MLS #1155404 Report a problem
    2/26/2021Sold$228,000-3%
    Source: Triad MLS #997462 Report a problem
    1/25/2021Pending sale$235,000$129/sqft
    Source: LINDELL U. LEHRER, B #997462 Report a problem
    1/13/2021Price change$235,000-1.1%$129/sqft
    Source: LINDELL U. LEHRER, B #997462 Report a problem
    1/5/2021Pending sale$237,500$130/sqft
    Source: LINDELL U. LEHRER, B #997462 Report a problem
    12/2/2020Price change$237,500-1%$130/sqft
    Source: LINDELL U. LEHRER, B #997462 Report a problem
    11/24/2020Listed for sale$240,000$132/sqft
    Source: LINDELL U. LEHRER, B #997462 Report a problem
    10/30/2020Pending sale$240,000$132/sqft
    Source: LINDELL U. LEHRER, B #997462 Report a problem
    10/27/2020Price change$240,000-2%$132/sqft
    Source: LINDELL U. LEHRER, B #997462 Report a problem
    10/12/2020Price change$244,900-1.6%$134/sqft
    Source: LINDELL U. LEHRER, B #997462 Report a problem
    10/3/2020Listed for sale$249,000+50.9%$137/sqft
    Source: LINDELL U. LEHRER, B #997462 Report a problem
    8/18/2020Listing removed$165,000$90/sqft
    Source: Allen Tate Realtors #969408 Report a problem
    8/18/2020Listed for sale$165,000+2.8%$90/sqft
    Source: Allen Tate Realtors #969408 Report a problem
    8/17/2020Sold$160,500-2.7%
    Source: Triad MLS #969408 Report a problem
    7/2/2020Pending sale$165,000$90/sqft
    Source: Allen Tate Realtors #969408 Report a problem
    3/11/2020Listed for sale$165,000$90/sqft
    Source: Allen Tate Realtors #969408 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,094 +4.7%$225,000
    2024$2,000 $225,000
    2023$2,000 $225,000
    2022$2,000 +114.4%$225,000 +39.9%
    2021$933 +87.9%$160,800 +44%
    2018$497 -51.2%$111,700
    2017$1,017 $111,700 -0.2%
    2016$1,017 $111,900
    2015$1,017 -2.1%$111,900
    2014$1,039 $111,900
    2013-- $111,900
    2012-- $111,900 +11.2%
    2011-- $100,600
    2010-- $100,600
    2009-- $100,600
    2008-- $100,600
    2007-- $100,600
    2006-- $100,600
    2005-- $100,600
    2004-- $100,600 +38.2%
    2002-- $72,800
    2001-- $72,800
    Find assessor info on the county website

    Neighborhood: 27358

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Summerfield
    • Middle: Northern
    • High: Northern

    Source: Triad MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $330,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $330,600

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