NOT LISTED FOR SALE

1032 Summit Ave Reidsville, NC 27320

Estimated Value: $99,000 - $120,000

2 Beds
1 Bath
1,100 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $75,000 $68 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $630/month

3 Days on Market

Highlights

  • Attic
  • Porch
  • Floor Furnace
  • No HOA
  • Bungalow
  • Level Lot

About This Home

As of August 2021

Adorable two bedroom, one bath home with updated vinyl replacement windows. Close proximity to park, and other town amenities. Great for first time buyer or seasoned investor! Call today!

Last Agent to Sell the Property

Shannon Moore

River Lake Homes LLC License #278386 Listed on: 07/15/2021

Last Buyer's Agent

Megan Johnson

Carolina Home Partners by eXp Realty License #311321

Carolina Home Partners by eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $613

Year Built

  • Built in 1941

Lot Details

  • Level Lot
  • Property is zoned R12RD

Parking

  • No Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level
  • Pull Down Stairs to Attic
  • Free-Standing Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 143960
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$613

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: tbd
  • Subdivision Name: None
  • Directions: Freeway Drive traveling North, take a right onto Vance St, right on Courtland, Left on Summit. Property will be on the left.
  • Above Grade Finished Sq Ft: 1000
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1941
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1000
  • Main Level Bathrooms: 1
  • Attic Description: Floored Attic, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Level
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Floor Furnace, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 143960
  • Zoning: R12RD
  • TRIADMLS_PlatBook: 3-6
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 613
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 19, 2021
Sold by
Dao Hang Kim
Bought by
Lewis Christal
Seller's Agent
Shannon Moore
River Lake Homes LLC
Buyer's Agent
Megan Johnson
Carolina Home Partners by eXp Realty
Sold Price
$75,000
Current Estimated Value
$106,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,680
Avg. Annual Appreciation
8.77%
Original Mortgage
$73,641
Outstanding Balance
$66,962
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$39,718

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 21, 2021
Sold by
Oakley Brian Lee and Oakley Sherri Hyler
Bought by
Dao Hang Kin
Seller's Agent
John Hall
Blue Sky Realty, Inc
Buyer's Agent
Shannon Moore
River Lake Homes LLC
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
155.96%

Purchase Details

Closed on
Aug 21, 2014
Sold by
Foster Anne Wallace and Blackman Anne Wallace
Bought by
Oakley Brian Lee and Oakley Sherri Hyler
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
Lewis Christal $75,000 None Available
Dao Hang Kin $55,000 None Available
Oakley Brian Lee $15,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Christal $73,641
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2021 08/19/21 Sold $75,000 +36.4% $94 / Sq Ft
04/21/2021 04/21/21 Sold $55,000 -- $69 / Sq Ft View Prior Sale
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 $861 $69,403 $11,770 $57,633
2024 $861 $69,403 $11,770 $57,633
2023 $861 $42,593 $10,700 $31,893
2022 $611 $42,593 $10,700 $31,893
2021 $611 $42,593 $10,700 $31,893
2020 $613 $42,593 $10,700 $31,893
2019 $615 $42,593 $10,700 $31,893
2018 $612 $42,348 $10,700 $31,648
2017 $611 $42,348 $10,700 $31,648
2015 $619 $42,348 $10,700 $31,648
2014 $608 $42,348 $10,700 $31,648
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1032962

Triad MLS

APN: 143960