$79,500
SOLD JUL 30, 2015

12 Summit Ln Newland, NC 28657

2 Beds
1.5 Baths
685 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

35 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Stream or River on Lot
  • Private Membership Available
  • Clubhouse
  • Attic

About This Home

As of December 2024

A sweeter little getaway cottage you will not find. Everything remains. Ready to come & enjoy. Close to Golf Course and 19th Hole. Lots of parking. Completely refurbished in 2001. Like new!! Ready to enjoy! Linville has Cool Summers! Close to concerts, Plays, Festivals and Shopping. Area Attractions include Caverns, Falls, Parkway, Grandfather Mtn., Yearly POA fees include water, sewer, cable, private police , heated swimming pool, road maintenance, trash pick-up. Resort offers 18 Hole Golf Course, Tennis Complex, Fishing, Dancing, Bridge, Dog Park Clubs, Recreational director for everybody's enjoyment! LAKE+RIVER!

Last Agent to Sell the Property

Robert Phillips

Mountain Run Properties Listed on: 05/26/2015

Co-Listed By

Lou Cooper

Century 21 Mountain Vistas

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $353

Year Built

  • Built in 1982

Lot Details

  • 4,356 Sq Ft Lot
  • Property fronts a private road

HOA Fees

  • $189 Monthly HOA Fees

Home Design

  • Cottage
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 685 Sq Ft Home
  • Double Pane Windows
  • Unfinished Basement
  • Crawl Space
  • Attic

Kitchen

  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Stream or River on Lot
  • Covered patio or porch

Schools

  • Newland Elementary School

Utilities

  • Radiant Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 2
  • Assessor Parcel Number 184409163288

Community Details

Overview

  • Private Membership Available
  • Linville Land Harbor Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$353

Year Built

Built in 1982

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 4
  • Co List Office Phone: (828) 264-9111
  • Subdivision Name: Linville Land Harbor
  • Above Grade Finished Sq Ft: 685.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1982
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Attic
  • Living Area: 685.0
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Community
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Open
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Heating: Electric, Other, Radiant, See Remarks
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Golf, Lake, Pool, River, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 2271.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Newland

Lot Info

  • Parcel #: 184409163288
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 352.8
  • Tax Book Number: 342/1460
  • Tax Lot: 2

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 & Inv. Linville
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
$277,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,033
Avg. Annual Appreciation
2.09%
Original Mortgage
$15,000
Outstanding Balance
$14,948
Interest Rate
6.72%
Estimated Equity
$258,652

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:

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Average Value
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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 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
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

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Map

Source: High Country Association of REALTORS®

MLS Number: 191824

High Country Association of REALTORS®

APN: 1844-09-16-3288-00000