NOT LISTED FOR SALE

101 W Summit Ave Burlington, NC 27215

Downtown Burlington Neighborhood

Estimated Value: $162,000 - $187,198

1 Bed
1 Bath
1,290 Sq Ft
$134/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $19,000 $15 Per Sq Ft

Est. 795% increase in value since last sale

Current estimated payment $982/month

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Forced Air Heating and Cooling System
  • Attic
  • Porch
  • 5-minute walk to Willowbrook Park

About This Home

As of November 2013

Awesome opportunity for a duplex listed over $91,000 BELOW tax value! One bed, one bath each unit. Close to Williams High School.

Last Agent to Sell the Property

Thomas Somerville

eXp REO BROKERS, Inc License #190717 Listed on: 10/28/2013

eXp REO BROKERS, Inc

Co-Listed By

Mike Alala

All About You Realty Team License #242704

Last Buyer's Agent

Kristi May

Keller Williams Central License #254178

Keller Williams Central

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 72 x 141 x 78 x 137
  • Cleared Lot
  • Property is zoned OI

Parking

  • No Garage

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,290 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Vinyl Flooring
  • Dryer Hookup
  • Attic

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Central Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 125922

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 72 x 141 x 78 x 137
  • Co List Office Mls Id: GERB01
  • Co List Office Phone: 336-478-2700
  • Subdivision Name: Central Heights
  • Directions: 70/S Church St to W Summit
  • Above Grade Finished Sq Ft: 1290
  • Unit Levels: One
  • Structure Type: Remarks
  • Year Built: 1930
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1290
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1290
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 125922
  • Zoning: OI
  • TRIADMLS_DeedPage: 818
  • TRIADMLS_DeedBook: 2372

Tax Info

  • Tax Annual Amount: 573.9
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2013
Closed on
Nov 22, 2013
Sold by
Satellite Town Llc
Bought by
Sheikh Salman A
Seller's Agent
Thomas Somerville
eXp REO BROKERS, Inc
Buyer's Agent
Kristi May
Keller Williams Central
List Price
$19,900
Sold Price
$19,000
Premium/Discount to List
-$900
-4.52%
Current Estimated Value
$170,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,121
Avg. Annual Appreciation
20.35%

Purchase Details

Listed on
Oct 28, 2013
Closed on
Nov 15, 2013
Sold by
Reise Inc
Bought by
Stellite Town Llc
Seller's Agent
Thomas Somerville
eXp REO BROKERS, Inc
Buyer's Agent
Kristi May
Keller Williams Central
List Price
$19,900
Sold Price
$19,000
Premium/Discount to List
-$900
-4.52%

Purchase Details

Listed on
Oct 28, 2013
Closed on
Sep 25, 2013
Sold by
Bank Of New York Melon
Bought by
Reise Inc
Seller's Agent
Thomas Somerville
eXp REO BROKERS, Inc
Buyer's Agent
Kristi May
Keller Williams Central
List Price
$19,900
Sold Price
$19,000
Premium/Discount to List
-$900
-4.52%

Purchase Details

Closed on
Apr 11, 2013
Sold by
Tr Svcs Of Carolina Llc Sub Tr and Manares Corazon
Bought by
The Bank Of New York Mellon
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
Sheikh Salman A -- --
Stellite Town Llc $19,000 --
Reise Inc $13,000 --
The Bank Of New York Mellon $28,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manares Corazon $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2013 11/22/13 Sold $19,000 -4.5% $15 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
10/28/2013 10/28/13 For Sale $19,900 -- $15 / Sq Ft
Source: Triad MLS

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 $603 $128,590 $42,585 $86,005
2023 $1,171 $128,590 $42,585 $86,005
2022 $940 $75,750 $39,746 $36,004
2021 $948 $75,750 $39,746 $36,004
2020 $955 $75,750 $39,746 $36,004
2019 $958 $75,750 $39,746 $36,004
2018 $450 $75,750 $39,746 $36,004
2017 $892 $75,750 $39,746 $36,004
2016 $908 $78,290 $45,424 $32,866
2015 $454 $78,597 $45,424 $33,173
2014 -- $78,597 $45,424 $33,173
Source: Public Records

Agents Affiliated with this Home

  • Thomas Somerville

    Seller's Agent in 2013

    Thomas Somerville

    eXp REO BROKERS, Inc

    (336) 706-6036

    29 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2013

    Mike Alala

    All About You Realty Team

    (336) 324-8389

    23 Total Sales

    Section Image
  • Kristi May

    Buyer's Agent in 2013

    Kristi May

    Keller Williams Central

    (336) 269-1015

    7 in this area

    237 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 688788

Triad MLS

APN: 125922

North Carolina Alamance County Burlington 27215 Downtown Burlington

101 W Summit Ave, Burlington, NC

This home is located at 101 W Summit Ave, Burlington, NC 27215 since 28 October 2013 and is currently estimated at $172,550, approximately $133 per square foot. This property was built in 1930. 101 W Summit Ave is a home located in Alamance County with nearby schools including Grove Park Elementary School, Turrentine Middle School, and Walter M. Williams 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.

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