NOT LISTED FOR SALE

1308 S Lake Summit Rd Unit 1010769 Saluda, NC 28773

Estimated Value: $890,000 - $2,571,000

4 Beds
3 Baths
1,916 Sq Ft
$1,023/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $1,400,000 $731 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $11,781/month

40 Days on Market

Highlights

  • Waterfront
  • Hilly Lot
  • Wood Flooring
  • Community Lake
  • Cathedral Ceiling
  • Outdoor Kitchen

About This Home

As of July 2018

Discover this beautifully decorated residence with 200 feet of lake frontage easily accessible from the house. This is a rare opportunity to own an exceptional home in the sought after community of Lake Summit. The boathouse has 2 enclosed boat slips, boat lift, upstairs deck, kitchen and powder room with an outside shower adjoining a large beach area with fire pit and swimming dock. The beautiful gardens along the lake shore frame the timeless elegance of the residence with over 1800sf of deck/screened porch with 2 stone fireplaces. The main level has a kitchen, great room with large stone gas fireplace and dinning room that adjoin a covered dining porch overlooking the lake. A Master Suite with a separate study also lead out to the large deck. The bath boasts a large spa shower overlooking the gardens, double vanities, enclosed water closet and travertine floors/walls. There are 3 guest BR and 2 baths and a large screened sleeping porch with a large stone fireplace.

Last Agent to Sell the Property

Meg Atkinson

Ivester Jackson Blackstream License #288121 Listed on: 05/21/2018

Last Buyer's Agent

Meg Atkinson

Ivester Jackson Blackstream License #288121 Listed on: 05/21/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • Waterfront
  • Hilly Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Stone Siding

Interior Spaces

  • 3 Full Bathrooms
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Wood
  • Stone
  • Tile

Outdoor Features

  • Outdoor Kitchen
  • Terrace
  • Fire Pit

Community Details

  • Lake Summit Poa
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 95775930483

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.88106
  • Ratio Close Price By Original Li: 0.88106
  • Ratio Current Price By Acre: 1250000.00
  • Ratio Current Price By Sq Ft: 730.69
  • Year Built: 1965
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Range, Freezer, Electric Oven
  • Fireplace Description: FAMILYRM, Gas Logs, Propane, Wood Burning
  • Fireplace: Yes
  • Flooring: Stone, Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Pantry, Vaulted Ceiling
  • Laundry Location: Basement, Laundry Room
  • Room Count: 1
  • Second Living Quarters: Main Level, Exterior Not Connected, Exterior Connected
  • Second Living Quarters Hla: 220
  • Second Living Quarters Sq Ft: 880
  • Sq Ft Additional: 880
  • Sq Ft Basement: 377
  • Main Level Sq Ft: 1539
  • Total Sq Ft: 1916
  • Sq Ft Unheated Basement: 946
  • Sq Ft Unheated Main: 946
  • Sq Ft Unheated Total: 1892

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Outdoor Kitchen, Terrace, Fire pit

Garage/Parking

  • Driveway: Asphalt
  • Parking: Lot, On-Street Parking

Utilities

  • Heating: Central Air, Electric Hot Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 500.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Lake Summit POA
  • Hoa Subject To Dues: Voluntary

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Mountain View, Waterfront, Water view, Hilly, Lake Access, Long Range View, Lake, Year Round View
  • Lot Size Area: 1.120
  • Parcel Number: 95775930483
  • Plat Book Slide: 1010769
  • Plat Reference Section Pages: 00099
  • Zoning Specification: WR

Tax Info

  • Tax Value: 501400.00
  • Tax Location: Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Jul 11, 2018
Sold by
Newnam Angela
Bought by
Stones Throw Lake Summit Llc
Seller's Agent
Meg Atkinson
Ivester Jackson Blackstream
Buyer's Agent
Meg Atkinson
Ivester Jackson Blackstream
List Price
$1,589,000
Sold Price
$1,400,000
Premium/Discount to List
-$189,000
-11.89%
Total Days on Market
40
Current Estimated Value
$1,960,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,406
Avg. Annual Appreciation
4.99%

Purchase Details

Listed on
May 21, 2018
Closed on
Jul 9, 2018
Sold by
Arnett
Bought by
Newnam Angela
Seller's Agent
Meg Atkinson
Ivester Jackson Blackstream
Buyer's Agent
Meg Atkinson
Ivester Jackson Blackstream
List Price
$1,589,000
Sold Price
$1,400,000
Premium/Discount to List
-$189,000
-11.89%

Purchase Details

Closed on
Jul 2, 2008
Sold by
Not Provided
Bought by
Arnett Kathryn Hamilton
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Stones Throw Lake Summit Llc -- --
Newnam Angela $1,400,000 --
Arnett Kathryn Hamilton -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2018 07/09/18 Sold $1,400,000 -11.9% $731 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $1,589,000 -- $829 / 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 $8,804 $1,228,500 $729,600 $498,900
2024 $8,804 $1,658,000 $729,600 $928,400
2023 $8,804 $1,658,000 $729,600 $928,400
2022 $9,034 $1,366,700 $729,600 $637,100
2021 $8,455 $1,298,700 $729,600 $569,100
2020 $8,455 $1,298,700 $0 $0
2019 $8,455 $1,298,700 $0 $0
2018 $3,234 $501,400 $0 $0
2017 $3,234 $501,400 $0 $0
2016 $3,234 $501,400 $0 $0
2015 -- $501,400 $0 $0
2014 -- $507,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3394104

Canopy MLS (Canopy Realtor® Association)

APN: 1010769