Sold
Last Sold Price
34,848 Lot Size0.8 Acres
7111 Rae Farms Way, Greensboro, NC 27455
LandProperty Type
0.8 acresLot Size
$400/moHOA Fees

Description

Fabulous new neighborhood in NORTHERN SCHOOL district! This 0.8 acre lot is a great place to build your CUSTOM DREAM HOME! This beautiful lot backs up to beautiful natural area owned by HOA. Great access to all the conveniences Greensboro has to offer! Multiple lots & locations are available. Build to suit w/ M & J Developers - your plan or ours. Low county taxes! Northern elementary, middle & high schools! Call for more info! Seller is co-list agent.Fabulous new neighborhood in NORTHERN SCHOOL district! This 0.8 acre lot is a great place to build your CUSTOM DREAM HOME! This beautiful lot backs up to beautiful natural area owned by HOA. Great access to all the conveniences Greensboro has to offer! Multiple lots & locations are available. Build to suit w/ M & J Developers - your plan or ours. Low county taxes! Northern elementary, middle & high schools! Call for more info! Seller is co-list agent.
  • Listed by: Joseph Pezik • Advantage Build, Llc
  • Listed by: Tony Johnson • Advantage Build, Llc
Listing closed: 12/03/2019 12:00 AM • Source: TRIAD, MLS#: 882762

Recent comparable sales

Median sold price

$90,000

Avg days on market

33

Sale-to-list ratio

95.5%

Greensboro, NC

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Location

Listing Courtesy of Advantage Build, Llc

Sold By Advantage Build, Llc

Add your commute

Payment Calculator

$817 per month

30 year fixed, 6.55% Interest

Principal and Interest

$381

Property Taxes

$36

HOA Dues

$400

The Payment Calculator is for illustrative purposes only.

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Property Information for 7111 Rae Farms Way

Property Details
  • Taxes: $428 / year
  • MLS Type: Land / Single Family Residence
  • Flood Zone: Not in Flood Zone
  • Zoning: RS-30
Building Information
  • Lot Size: 0.80 AC
Summary
Location and General Information
  • County Or Parish: Guilford
  • City: Greensboro
  • Directions: Take Church Street North towards NC 150. Right onto Ariel Farm Rd. Right onto Rae Farms Way into subdivision.
  • Latitude: 36.188604
  • Longitude: -79.780768
  • Postal Code: 27455
  • Subdivision Name: Madison Meadows
  • City Limits: No
Taxes and HOA Information
  • HOA Fee: $400.00
  • List AOR: Greensboro
  • Tax Rate: .86%
  • Tax Annual Amount: $427.85
  • Tax Assessed Value: $50,000.00
  • Tax Lot: 7
  • Tax Year: 2017
  • Parcel Number: 0226967
  • HOA Fee Frequency: Annually
  • Association: Yes
School Information
  • High School: Northern
  • Elementary School: Northern
Property
Lot Information
  • Lot Features: Level, Subdivision
  • Lot Size Acres: 0.8
  • Lot Number: 7
  • Total Heated Finished SqFt Range: 0 - 0
  • Water Source: Private, Well
  • Possible Use: Single Res
Property and Assessments
  • Photos Count: 1
  • Property Type: Land
  • Deed Book: 7891
  • Deed Page: 74
  • PlatBook: 195
  • PlatPage: 137
  • Documents Count: 4
Utilities
  • Electric: Duke Power
  • Sewer: Private,Septic
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell

Property History for 7111 Rae Farms Way

DateEvent & SourcePriceAppreciation
Dec 3, 2019

Sold

TRIAD #882762

$75,000
Dec 3, 2019

Pending

TRIAD #882762

Dec 2, 2019

Sold

TRIAD #882762

$75,000
DateEvent & SourcePrice
12/03/2019

Sold

TRIAD #882762

$75,000
12/03/2019

Pending

TRIAD #882762

12/02/2019

Sold

TRIAD #882762

$75,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7111 Rae Farms Way

Taxable ValueLand$95,000Additions$427,600Total$522,600
Tax Record2025$4,654 ($388 / month)
Home Facts
Beds5Total Finished SqFt3,440 SqFtAbove Grade Finished SqFt3,440 SqFtStories2Lot Size34,848 SqFtStyleSingle Family ResidenceYear Built2019ZoningRS-30CountyGUILFORDAPN0226967Fireplace TypeHas Fireplace

Schools near 7111 Rae Farms Way

This home is within Guilford County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Northern Elementary School.
PublicK to 5

Northern Guilford Middle School
Public6 to 8

Northern Guilford High School
Public9 to 12

Brown Summit Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7111 Rae Farms Way, Greensboro, NC 27455
$75,000
34,848
$80,000
34,848
$75,000
4
3,552
36,590
2
1,848
40,075
$446,800
4
34,848
$710,000
4
35,283

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Advantage Build, Llc

Copyright 2026 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.