NOT LISTED FOR SALE

108 Summit Dr Nebo, NC 28761

Estimated Value: $722,000 - $878,000

4 Beds
4 Baths
2,712 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $670,000 $247 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,406/month

38 Days on Market

Highlights

  • Covered Dock
  • Gated Community
  • Vaulted Ceiling
  • Access To Lake
  • Mountain View
  • Recreation Facilities

About This Home

As of October 2023

"The Mountains Are Calling"...and here is your DREAM home! Located in the community of Grandview Peaks, nestled perfectly between Marion and Morganton in the Blue Ridge Mountains. On the main level you will find a nicely appointed living area with stone fireplace, vaulted ceiling, kitchen/dining area, loft above, large and private owner's suite, additional bedroom, bath, laundry area, "rocking chair" front porch, expansive decking (covered and uncovered) with excellent long range views of the Blue Ridge. The upper level offers another private bedroom suite, loft, and a private covered deck. The basement offers another private bedroom suite, den with bar area, laundry area covered porch area and steps to the expansive stone fire-pit area. There is a chair lift from the main level to the basement. The one car garage has breezeway to the front porch and storage above that could be finished for extra space. Being sold fully furnished with exception of a few items.

Last Agent to Sell the Property

Tami Newman

ERA Live Moore Brokerage Email: tami_newman@yahoo.com License #195385 Listed on: 08/06/2023

ERA Live Moore

Last Buyer's Agent

Lacey Power

Mosaic Community Lifestyle Realty License #284911

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 2.72

HOA Fees

  • $101 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • 4 Open Parking Spaces

Home Design

  • Rustic Architecture
  • Wood Siding
  • Log Siding
  • Radon Mitigation System

Interior Spaces

  • 1.5-Story Property
  • Wired For Data
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Finished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Interior and Exterior Basement Entry

Outdoor Features

  • Access To Lake
  • Covered Dock
  • Fire Pit

Schools

  • Glenwood Elementary School
  • East Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Heat Pump System
  • Propane
  • Septic Tank

Additional Features

  • More Than Two Accessible Exits
  • Lot Has A Rolling Slope

Listing and Financial Details

  • Assessor Parcel Number 1637-00-41-9259

Community Details

Overview

  • Essential Property Management Association, Phone Number (828) 484-0469
  • Grandview Peaks Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities
  • Trails

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$101 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Year Built: 2007
  • Restrictions: Architectural Review,Deed,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 247.05
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: tami_newman@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1350
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 566
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 1916
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Exterior Entry, Finished, Interior Entry, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 796
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2712
  • Bedroom Main: 2
  • Bedroom Basement: 1
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s)
  • Waterfront Features: Covered structure, Boat Slip – Community
  • Construction Type: Log, Wood

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Main Level, Multiple Locations
  • Security: Radon Mitigation System
  • Cooling: Heat Pump
  • Utilities: Electricity Connected, Propane, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Lake Access, Picnic Area, Recreation Area, Walking Trails
  • Association Fee: 1210
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Essential Property Management
  • Phone: 828-484-0469
  • ResoAssociationFeeFrequency: Annually
  • Association Email: julie.gonzalez@essentialpropertync.com

Association/Amenities

  • Association Annual Expense: 1210.00

Schools

  • Middle Or Junior School: East McDowell
  • HOA Subject To: Required

Lot Info

  • Lot Features: Rolling Slope, Views
  • Lot Size Units: Acres
  • Parcel Number: 1637-00-41-9259
  • Zoning: R-1
  • Plat Book Slide: 13/79
  • Plat Reference Section Pages: 13/79
  • ResoLotSizeUnits: Acres
  • Zoning Specification: res

MLS Schools

  • Elementary School: Glenwood
  • High School: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2023
Closed on
Oct 9, 2023
Sold by
Wells Robert and Wells Marie
Bought by
Serenity Summit Trust
Seller's Agent
Tami Newman
ERA Live Moore
Buyer's Agent
Lacey Power
Mosaic Community Lifestyle Realty
List Price
$699,000
Sold Price
$670,000
Premium/Discount to List
-$29,000
-4.15%
Views
160
Current Estimated Value
$769,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,766
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Dec 6, 2018
Sold by
Holmes Hamp E and Holmes Julia E
Bought by
Wells Robert and Wells Maria

Purchase Details

Closed on
Oct 10, 2011
Sold by
Carolina Cabin Co Inc
Bought by
Holmes Hamp E and Holmes Julia E

Purchase Details

Closed on
Apr 4, 2007
Sold by
Fall Creek Land Co Inc
Bought by
Carolina Cabin Co Inc
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Serenity Summit Trust $670,000 None Listed On Document
Wells Robert $400,000 None Available
Holmes Hamp E $300,000 None Available
Carolina Cabin Co Inc $65,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2023 10/11/23 Sold $670,000 -4.1% $247 / Sq Ft
08/06/2023 08/06/23 For Sale $699,000 -- $258 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,365 $496,280 $90,000 $406,280
2024 $3,266 $496,280 $90,000 $406,280
2023 $3,266 $496,280 $90,000 $406,280
2022 $2,658 $397,880 $90,000 $307,880
2021 $2,658 $397,880 $90,000 $307,880
2020 $2,698 $397,880 $0 $0
2019 $2,698 $376,720 $0 $0
2017 $2,413 $376,720 $0 $0
2016 $2,413 $361,240 $65,000 $296,240
2014 $1,462 $232,150 $65,000 $167,150
2013 -- $216,670 $65,000 $151,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4057414

Canopy MLS (Canopy Realtor® Association)

APN: 1637-00-41-9259