NOT LISTED FOR SALE

1494 S Lake Summit Rd Saluda, NC 28773

Estimated Value: $855,000 - $2,482,633

6 Beds
4 Baths
3,036 Sq Ft
$499/Sq Ft Est. Value

Last Sold October 09, 2013

Last sale price $1,200,000 $395 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,226/month

131 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Wood Burning Fireplace
  • Cathedral Ceiling

About This Home

As of October 2013

Reduced over $500,000! Beautiful 6 Bedroom Mid-century home and 2 slip boathouse sited on one of Lake Summit's finest lots. Huge Waterfront with private sandy beach and second dock. Wood burning rock fireplace in living room and another in the boathouse. Incredible views, Spacious living room, Central heat and air, extensive rock work, cirular drive. Enjoy all that Lake Summit has to offer year round or as a summer retreat-ski, boat, kayak!

Last Agent to Sell the Property

Jim Kirkpatrick

Lake Summit Properties LLC License #102122 Listed on: 05/01/2013

Last Buyer's Agent

Jim Kirkpatrick

Lake Summit Properties LLC License #102122 Listed on: 05/01/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,675

Year Built

  • Built in 1958

Lot Details

  • 0.77

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4 Full Bathrooms
  • Cathedral Ceiling
  • Wood Burning Fireplace

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 9575936410

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,675

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.88889
  • Ratio Close Price By Original Li: 0.80000
  • Ratio Current Price By Acre: 1558441.56
  • Ratio Current Price By Sq Ft: 395.26
  • Year Built: 1958
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Equipment: Cooktop Electric, Dishwasher, Dryer, Exhaust Fan, Wall Oven, Washer
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Built-Ins, Cathedral Ceiling(s)
  • Room Count: 2
  • Sq Ft Basement: 1245
  • Main Level Sq Ft: 1791
  • Total Sq Ft: 3036

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Carport, Carport - 1 Car

Utilities

  • Heating: Central Air, Electric Hot Air, Gas Hot Air Furnace, Oil Hot Air
  • Sewer: Septic Tank
  • Water: Well

Schools

  • Elementary School: Upward
  • Middle School: Flat Rock
  • High School: East Henderson

Lot Info

  • Lot Size Area: 0.770
  • Parcel Number: 9575936410
  • Plat Reference Section Pages: 1030
  • Zoning Specification: WR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Oct 3, 2013
Sold by
Crossman Earl R
Bought by
Wedgworth Farms Inc
Seller's Agent
Jim Kirkpatrick
Lake Summit Properties LLC
Buyer's Agent
Jim Kirkpatrick
Lake Summit Properties LLC
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%
Total Days on Market
131
Current Estimated Value
$1,514,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,878
Avg. Annual Appreciation
2.02%
Source: Public Records

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Range of Values:

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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
Wedgworth Farms Inc $1,200,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2013 10/09/13 Sold $1,200,000 -20.0% $395 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $1,500,000 -- $494 / 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 $8,675 $1,633,800 $487,000 $1,146,800
2024 $8,675 $1,633,800 $487,000 $1,146,800
2023 $8,675 $1,633,800 $487,000 $1,146,800
2022 $8,533 $1,290,900 $487,000 $803,900
2021 $7,699 $1,290,900 $487,000 $803,900
2020 $8,404 $1,290,900 $0 $0
2019 $8,404 $1,290,900 $0 $0
2018 $7,699 $1,193,700 $0 $0
2017 $7,699 $1,193,700 $0 $0
2016 $7,699 $1,193,700 $0 $0
2015 -- $757,600 $0 $0
2014 -- $510,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM538104

Canopy MLS (Canopy Realtor® Association)

APN: 0600574