NOT LISTED FOR SALE

101 Summit Ln Hendersonville, TN 37075

Estimated Value: $1,706,645 - $2,270,000

5 Beds
6.5 Baths
5,464 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 14, 2012

Last sale price $975,000 $178 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $11,762/month

452 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Deck
  • Indian Lake Elementary School Rated A-
  • 2.97 Acre Lot
  • Contemporary Architecture

About This Home

As of July 2012

THIS ARCHITECTURALLY DESIGNED ONE OWNER LAKE HOME HAS EXQUISITE STYLE! EVERYTHING NEW! An Entertainers Dream! Each room has been renovated. New cabinets, appliances, HVACs, granite, floors, paint & more. All Bdrs have lakeviews, balconies & separate baths

Last Agent to Sell the Property

Jody Corley

Dale Realty Company License #219107 Listed on: 03/21/2011

Last Buyer's Agent

Jody Corley

Dale Realty Company License #219107 Listed on: 03/21/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,646

Year Built

  • Built in 1990

Lot Details

  • 2.97 Acre Lot
  • Waterfront

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,464 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Central Vacuum
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • <<energyStarQualifiedWindowsToken>>
  • Crawl Space
  • Intercom

Kitchen

  • <<microwave>>
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio

Schools

  • Indian Lake Elementary School
  • Robert E Ellis Mid Middle School
  • Hendersonville High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • Cumberland Hills Sec P Subdivision

Listing and Financial Details

  • Tax Lot 3 & 4
  • Assessor Parcel Number 083169D B 01201 00005169E

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,646

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Contemporary
  • Year Built: 1990
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RENOV
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Central Vacuum, Hot Tub, Intercom, Walk-In Closet(s), Wet Bar
  • Appliances: Disposal, Dryer, Washer, Microwave
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Finished Wood, Marble, Tile
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 5464
  • Building Area Units: Square Feet
  • Living Area: 5464
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Stucco, Wood Siding
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Shingle
  • View: No
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Green Features

  • Efficiency: Thermostat, Fireplace Insert, Windows

Lot Info

  • Lot Size Acres: 2.97
  • Lot Size: 2.97
  • Lot Size Units: Acres
  • Parcel #: 083169D B 01201 00005169E
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 5646
  • Tax Lot: 3 & 4

MLS Schools

  • Elementary School: Indian Lake Elementary
  • High School: Hendersonville High School
  • Middle Or Junior School: Robert E Ellis Mid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2011
Closed on
Jul 12, 2012
Sold by
Webb Robert T and Webb Gayle A
Bought by
Webb Justin M and Webb Jennifer M
Seller's Agent
Jody Corley
Dale Realty Company
Buyer's Agent
Jody Corley
Dale Realty Company
List Price
$1,600,000
Sold Price
$975,000
Premium/Discount to List
-$625,000
-39.06%
Current Estimated Value
$2,033,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,058,215
Avg. Annual Appreciation
5.87%
Original Mortgage
$778,750
Interest Rate
1.66%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2002
Sold by
James George B
Bought by
Webb Robert T and Webb Gayle A
Source: Public Records

Range of Values:

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Average Value
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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
Webb Justin M $975,000 Chapman & Rosenthal Title In
Webb Robert T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Justin M $625,000
Closed Webb Justin M $510,400
Closed Webb Justin M $625,000
Closed Webb Justin M $200,000
Closed Webb Justin M $778,750
Previous Owner Webb Robert T $694,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2012 07/14/12 Sold $975,000 -39.1% $178 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
03/21/2011 03/21/11 For Sale $1,600,000 -- $293 / Sq Ft
Source: Realtracs

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
2024 $6,001 $422,275 $253,000 $169,275
2023 $10,089 $315,925 $208,350 $107,575
2022 $10,120 $315,925 $208,350 $107,575
2021 $10,120 $315,925 $208,350 $107,575
2020 $10,120 $315,925 $208,350 $107,575
2019 $10,120 $0 $0 $0
2018 $6,774 $0 $0 $0
2017 $6,774 $0 $0 $0
2016 $6,774 $0 $0 $0
2015 $7,037 $0 $0 $0
2014 $5,898 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1260343

Realtracs

APN: 169D-B-012.01