NOT LISTED FOR SALE

112 Summit Dr Nebo, NC 28761

Estimated Value: $380,000 - $592,000

2 Beds
20 Baths
1,217 Sq Ft
$413/Sq Ft Est. Value

Last Sold January 11, 2017

Last sale price $226,150 $186 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,991/month

272 Days on Market

About This Home

As of January 2017

OFFERS BEING SUBMITTED MONDAY, Nov.21st! SHORT SALE STATUS! BRING OFFER! This is a Beautiful turn key home nestled away in Grandview Peaks Development. There are scenic mountain views all around and you will feel like you are on a mountain retreat everyday you come home! The outside of the home has a beautiful wrap around porch that just calls you to come sit and take in the beauty that surrounds. Inside amenities include, multiple french doors, hardwood flooring, custom cabinetry, large master suite and so much more to add. Home is move in ready with all furniture and appliances staying! All you need to move in to this beautiful home is....yourself! Call today for your own private showing of this pristine mountain home in one of McDowell newest gated subdivisions of Grandview Peaks.

Last Agent to Sell the Property

Jacque Mentink

ERA Live Moore License #185300 Listed on: 04/14/2016

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 3.83

Parking

  • Gravel Driveway

Home Design

  • Log Siding

Interior Spaces

  • 20 Full Bathrooms
  • Gas Log Fireplace
  • Wood Flooring
  • Oven

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 163700408901

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.90496
  • Ratio Close Price By Original Li: 0.90496
  • Ratio Current Price By Acre: 59047.00
  • Ratio Current Price By Sq Ft: 185.83
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 497
  • Full Bathrooms: 20
  • Total Bathrooms: 20.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Microwave, Oven, Exhaust Hood, Refrigerator
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 720
  • Total Sq Ft: 1217
  • Sq Ft Unheated Basement: 720
  • Sq Ft Unheated Total: 720

Exterior Features

  • Construction: Log
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well

Condo/Co-op/Association

  • Association Fee: 350.00
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Winter View, Year Round View
  • Parcel Number: 163700408901
  • Zoning: Residential
  • Zoning Specification: Res

Tax Info

  • Tax Value: 186200.00
  • Tax Amount Ncm: 1072.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jan 11, 2017
Sold by
Michaud Daniel L
Bought by
Mcmanaman Susan K
Seller's Agent
Jacque Mentink
ERA Live Moore
Buyer's Agent
Non Member
Canopy Administration
List Price
$249,900
Sold Price
$226,150
Premium/Discount to List
-$23,750
-9.5%
Current Estimated Value
$538,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,156
Avg. Annual Appreciation
9.26%
Original Mortgage
$226,150
Outstanding Balance
$183,650
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$318,742

Purchase Details

Closed on
Jun 17, 2010
Sold by
Michaud Kristen N
Bought by
Michaud Daniel L

Purchase Details

Closed on
Sep 15, 2009
Sold by
The Carolina Cabin Company Inc
Bought by
Michaud Daniel L and Michaud Kristen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,405
Interest Rate
5.22%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mcmanaman Susan K $226,500 None Available
Michaud Daniel L -- None Available
Michaud Daniel L $290,000 None Available
The Carolina Cabin Company Inc $56,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmanaman Susan K $226,150
Previous Owner Michaud Daniel L $275,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/11/2017 01/11/17 Sold $226,150 0.0% $186 / Sq Ft View Prior Sale
01/11/2017 01/11/17 Sold $226,150 -9.5% $186 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
12/12/2016 12/12/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $249,900 +10.5% $205 / Sq Ft
02/09/2010 02/09/10 For Sale $226,150 -- $186 / 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 $2,122 $312,910 $90,000 $222,910
2024 $2,059 $312,910 $90,000 $222,910
2023 $2,059 $312,910 $90,000 $222,910
2022 $1,692 $253,240 $90,000 $163,240
2021 $1,692 $253,240 $90,000 $163,240
2020 $1,717 $253,240 $0 $0
2019 $1,717 $186,260 $0 $0
2017 $1,193 $186,260 $0 $0
2016 $1,193 $186,260 $65,000 $121,260
2014 $1,173 $186,260 $65,000 $121,260
2013 -- $186,260 $65,000 $121,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3166863

Canopy MLS (Canopy Realtor® Association)

APN: 1637-00-40-8901