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$325,000

Listing Price

3beds

2baths

1,824sqft

37,026sqft lot

7118 Martin Lake Rd, Summerfield, NC 27358

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

157.83

Price / sqft

1967

Year built

Home Details

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.

Interior Details

Square Feet
  • 1824

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 37026

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • Yes

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$496

$40,000

$71,700

--%

$111,700

2019

$496

$40,000

$71,700

--%

$111,700

2018

$496

$40,000

$71,700

--%

$111,700

2017

$496

$40,000

$71,700

--%

$111,700

2016

$1,022

$40,000

$71,900

--%

$111,900

2014

$1,038

$40,000

$71,900

--%

$111,900

2013

$1,007

$40,000

$71,900

--%

$111,900

2012

$1,019

$40,000

$71,900

--%

$111,900

percent-home-icon

Average Home Price in 27358

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$474,121

4 Beds

2 Baths

2,041 Sqft

66,211 Lot (sqft)

Sold 08/12/2026

$325,000

3 Beds

2 Baths

1,824 Sqft

37,026 Lot (sqft)

Sold 09/29/2026

$295,000

3 Beds

2 Baths

1,610 Sqft

30,928 Lot (sqft)

Sold 10/05/2026

$389,900

3 Beds

2 Baths

1,628 Sqft

135,907 Lot (sqft)

Sold 07/10/2025

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
325,000
$
Down payment
65,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,950
$
HOA (Monthly)
0
$
PMI
0
$
$2,104
Your Payment
Total Monthly Payment:$2,104
Percent of Income:36%
Affordable:No

Details for 7118 MARTIN LAKE RD

Property Debt

Foreclosure Contact Details