NOT LISTED FOR SALE

1220 Somerset Crossing Ln Kernersville, NC 27284

Glenwood/Kingswood Neighborhood

Estimated Value: $276,761 - $314,000

3 Beds
3 Baths
1,432 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 22, 2013

Last sale price $117,500 $82 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,822/month

About This Home

As of August 2013

This home is located at 1220 Somerset Crossing Ln, Kernersville, NC 27284 and is currently estimated at $292,940, approximately $204 per square foot. 1220 Somerset Crossing Ln is a home located in Forsyth County with nearby schools including Caleb's Creek Elementary School, Southeast Middle School, and R.B. Glenn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2013
Closed on
Aug 21, 2013
Sold by
The Secretary Of Veterans Affairs
Bought by
American Homes 4 Rent Properties Five Ll
Buyer's Agent
Angela Ford
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$120,000
Sold Price
$117,500
Premium/Discount to List
-$2,500
-2.08%
Current Estimated Value
$292,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,440
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Mar 2, 2013
Sold by
Rieman Jeffrey Thomas and Rieman Mary Elizabeth
Bought by
Secretray Of Veterans Affairs

Purchase Details

Closed on
Jul 29, 2007
Sold by
Dellarena Joseph and Dellarena Lori M
Bought by
Rieman Jeffrey Thomas and Rieman Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,096
Interest Rate
6.65%
Mortgage Type
VA

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
American Homes 4 Rent Properties Five Ll -- None Available
Secretray Of Veterans Affairs -- None Available
Rieman Jeffrey Thomas $144,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amh 2015-1 Borrower Llc $552,830,000
Previous Owner Rieman Jeffrey Thomas $147,096
Previous Owner Dellarena Joseph $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Rented $1,250 -3.5% --
12/09/2019 12/09/19 Under Contract -- -- --
11/13/2019 11/13/19 For Rent $1,295 +12.6% --
08/31/2015 08/31/15 Rented $1,150 0.0% --
08/01/2015 08/01/15 Under Contract -- -- --
07/26/2015 07/26/15 For Rent $1,150 +5.0% --
04/30/2014 04/30/14 Rented $1,095 -3.9% --
03/31/2014 03/31/14 Under Contract -- -- --
02/26/2014 02/26/14 For Rent $1,140 0.0% --
08/22/2013 08/22/13 Sold $117,500 -2.1% $82 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $120,000 -- $84 / Sq Ft

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 $2,245 $173,300 $39,000 $134,300
2022 $2,235 $173,300 $39,000 $134,300
2021 $2,235 $173,300 $39,000 $134,300
2020 $1,894 $137,200 $31,000 $106,200
2019 $1,907 $137,200 $31,000 $106,200
2018 $1,866 $137,200 $31,000 $106,200
2016 $1,685 $123,950 $28,000 $95,950
2015 $1,651 $123,950 $28,000 $95,950
2014 $1,633 $123,950 $28,000 $95,950
Source: Public Records

Agents Affiliated with this Home

  • Angela Ford

    Buyer's Agent in 2013

    Angela Ford

    Berkshire Hathaway HomeServices Carolinas Realty

    53 Total Sales

    Angela Ford
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Map

North Carolina Forsyth County Kernersville 27284 Glenwood/Kingswood

1220 Somerset Crossing Ln, Kernersville, NC

Homes for Sale in Kernersville, NC

This home is located at 1220 Somerset Crossing Ln, Kernersville, NC 27284 and is currently estimated at $292,940, approximately $204 per square foot. 1220 Somerset Crossing Ln is a home located in Forsyth County with nearby schools including Caleb's Creek Elementary School, Southeast Middle School, and R.B. Glenn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.