$270,000
SOLD DEC 17, 2024

12 Summit Ln Newland, NC 28657

2 Beds
1.5 Baths
630 Sq Ft
5,924 Sq Ft Lot

Recently Sold

$429 Per Sq Ft

5% Below List Price

37 Days on Market

Highlights

  • Golf Course Community
  • 24-Hour Security
  • Community Lake
  • Crossnore Elementary School Rated 9+
  • Fishing
  • Clubhouse

About This Home

As of December 2024

This delightful 2-bedroom, 1.5-bathroom cottage home is move-in ready and sustained no effects from Helene. Completely refurbished in 2001. Featuring a single-floor layout with a central living area floor plan, this home is perfect as a cozy getaway, year-round home, or a short-term rental investment. The property includes a half basement with plenty of storage space and even motorcycle parking, providing extra convenience.
Low-maintenance living awaits you here—no yard to tend to, just a well-maintained gravel path lined with a lush Rhododendron privacy hedge that surrounds the home. Thoughtful details throughout include hidden storm door screens, ceiling fans in every room, firepit area, gas grill, stacked washer/dryer, and even a kayak with paddles and a life vest! The home is fully furnished, right down to the linens and silverware, so it’s ready to go from day one.
Located near the “19th hole” of the LLH golf course, this property offers easy access to recreation, with the clubhouse and grill just a short walk away.

Last Agent to Sell the Property

Pamela Miller

Blue Ridge Realty & Investment Brokerage Phone: (828) 733-9694 Listed on: 11/10/2024

Last Buyer's Agent

Blake Dockery

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $574

Year Built

  • Built in 1982

Lot Details

  • 5,924 Sq Ft Lot

HOA Fees

  • $288 Monthly HOA Fees

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • Furnished

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Stream or River on Lot
  • Open Patio
  • Fire Pit
  • Outdoor Storage

Schools

  • Newland Elementary School
  • Avery County High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1844-09-16-3288-00000

Community Details

Overview

  • Linville Land Harbor Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Fishing

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$574

Year Built

Built in 1982

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.136
  • Road Surface Type: Paved
  • Subdivision Name: Linville Land Harbor
  • Above Grade Finished Sq Ft: 630.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1982
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 733-9694
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry, Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Furnished
  • Living Area: 630.0
  • Stories: 1

Exterior Features

  • Pool Features: Community
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Fire Pit, Storage, Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Main Level
  • Security: 24 Hour Security
  • Cooling: 2 Units
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Fishing, Golf, Lake, Pickleball, Pool, River, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 3456.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Newland
  • High School: Avery County

Lot Info

  • Parcel #: 1844-09-16-3288-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 574.4
  • Tax Book Number: 493/1293

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2024
Closed on
Dec 4, 2024
Sold by
Davis Jerry P and Davis Christine S
Bought by
Sylvester Anthony A and Tupponce Coreen N
Seller's Agent
Pamela Miller
Blue Ridge Realty & Investment
Buyer's Agent
Blake Dockery
Keller Williams High Country
List Price
$284,000
Sold Price
$270,000
Premium/Discount to List
-$14,000
-4.93%
Views
13
Current Estimated Value
$270,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71
Avg. Annual Appreciation
0.04%
Original Mortgage
$15,000
Outstanding Balance
$14,908
Interest Rate
6.72%
Estimated Equity
$255,163

Purchase Details

Listed on
May 26, 2015
Closed on
Jul 28, 2015
Sold by
Powley William H and Powley Patty J
Bought by
Davis Jerry P and Davis Christine S
Seller's Agent
Robert Phillips
Mountain Run Properties
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$79,500
Sold Price
$79,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.91%
Original Mortgage
$35,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $270,000 None Listed On Document
Warranty Deed $270,000 None Listed On Document
Warranty Deed $79,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000 No Value Available
Closed $15,000 No Value Available
Open $265,109 FHA
Closed $265,109 FHA
Previous Owner $35,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $270,000 -4.9% $429 / Sq Ft
11/10/2024 11/10/24 For Sale $284,000 +257.2% $451 / Sq Ft
07/30/2015 07/30/15 Sold $79,500 0.0% $116 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $79,500 -- $116 / Sq Ft
Source: High Country Association of REALTORS®

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 $574 $143,600 $30,000 $113,600
2023 $574 $143,600 $30,000 $113,600
2022 $574 $143,600 $30,000 $113,600
2021 $411 $74,700 $25,000 $49,700
2020 $411 $74,700 $25,000 $49,700
2019 $411 $74,700 $25,000 $49,700
2018 $411 $74,700 $25,000 $49,700
2017 $370 $67,200 $0 $0
2016 $301 $67,200 $0 $0
2015 $301 $67,200 $25,000 $42,200
2012 -- $98,000 $40,000 $58,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 252593

High Country Association of REALTORS®

APN: 1844-09-16-3288-00000