NOT LISTED FOR SALE

1017 Summit Ave Reidsville, NC 27320

Estimated Value: $180,000 - $216,000

3 Beds
2 Baths
1,352 Sq Ft
$144/Sq Ft Est. Value

Last Sold October 22, 2012

Last sale price $50,685 $37 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $1,163/month

96 Days on Market

About This Home

As of October 2012

Take a look at this charming home with an oversized lot for the neighborhood!Includes sunroom,dining area,and den.Unfinished shop space/basement garage.Circle drive with large backyard.This is a Fannie Mae HomePath property.Purchase this property for as little as 3% down!This property is approved for HomePath Renovation Mortgage Financing."The seller has directed that all offers on this listing be made using the HomePath Online Offer system at the HomePath website."

Last Agent to Sell the Property

Mary Beth Powell

RE/MAX Realty Consultants License #233426 Listed on: 05/15/2012

RE/MAX Realty Consultants

Last Buyer's Agent

Clark Faint

Chuck Faint Realty Team License #221689

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • Lot Dimensions are 103x225
  • Property is zoned R12

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,352 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Heating
  • Water heater updated in the last 3 years

Community Details

  • No Home Owners Association
  • Courtland Place Sec K Subdivision

Listing and Financial Details

  • Assessor Parcel Number 150660
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size: 103x225
  • Subdivision Name: Courtland Place Sec K
  • Directions: Maple Avenue to Summit Drive
  • Above Grade Finished Sq Ft: 1352
  • Unit Levels: One
  • Year Built: 1947
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1352
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Unknown
  • Has Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1352
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public
  • Cooling: None
  • Heating: None, No Fuel
  • Water Source: Public
  • TRIADMLS_HeatingFuel: No Fuel
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 150660
  • Zoning: R12

Tax Info

  • Tax Annual Amount: 1337.71
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2012
Sold by
Fannie Mae
Bought by
Norton Michael Shibata
Current Estimated Value
$194,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,774
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2012
Sold by
Knight Betty S and Knight Lisa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 13, 2006
Sold by
Stiers Bobby L
Bought by
Knight Betty S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
6.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Norton Michael Shibata -- None Available
Federal National Mortgage Association -- None Available
Knight Betty S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norton Michael Shibata $51,774
Previous Owner Knight Betty S $83,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2012 10/22/12 Sold $50,685 -18.3% $37 / Sq Ft
08/20/2012 08/20/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $62,000 -- $46 / 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
2025 $1,729 $139,398 $7,475 $131,923
2024 $1,729 $139,398 $7,475 $131,923
2023 $1,729 $73,746 $6,748 $66,998
2022 $1,058 $73,746 $6,748 $66,998
2021 $1,058 $73,746 $6,748 $66,998
2020 $1,058 $73,746 $6,748 $66,998
2019 $1,058 $73,746 $6,748 $66,998
2018 $773 $53,802 $12,325 $41,477
2017 $773 $53,802 $12,325 $41,477
2015 $780 $53,802 $12,325 $41,477
2014 -- $53,802 $12,325 $41,477
Source: Public Records

Agents Affiliated with this Home

  • Mary Beth Powell

    Seller's Agent in 2012

    Mary Beth Powell

    RE/MAX

    (336) 613-5006

    43 in this area

    167 Total Sales

    Mary Beth Powell
    Section Image
  • Clark Faint

    Buyer's Agent in 2012

    Clark Faint

    Chuck Faint Realty Team

    (336) 552-4343

    31 in this area

    40 Total Sales

    Clark Faint
    Section Image
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Map

Source: Triad MLS

MLS Number: 643070

Triad MLS

APN: 150660

North Carolina Rockingham County Reidsville 27320

1017 Summit Ave, Reidsville, NC

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