NOT LISTED FOR SALE

Estimated Value: $619,000 - $732,000

2 Beds
3 Baths
1,905 Sq Ft
$359/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $535,000 $281 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,538/month

191 Days on Market

About This Home

As of September 2020

Beautiful 2-bedroom, 2.5-bathroom home in Summerset 2. Popular Edgewood model with a beautiful master suite with walk-in tub and separate shower, as well as a junior suite with ensuite bathroom, with newly installed tile floors. Recently updated with new floors, paint, stainless steel gas range, and fixtures. Separate office/den, inside laundry room with appliances included. Large combo living/dining room with beautiful "great room" with three-way fireplace. Breakfast nook with bay windows. No rear neighbors, newly landscaped backyard, which backs up to green space. Summerset is a lovely gated 55+ community; one person must be 55 or older. Available activities include, golf, swimming pool & spa, tennis courts, bocce ball courts, organized events, a separate center with library, workout room, etc. Close to shopping, medical offices and hospitals!! This is a must-see Summerset home!

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,282

Year Built

2000

Lot Details

0

HOA Fees

$115 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: DCOMPASS3
  • Subdivision Name: SUMMERSET 2
  • Directions: Balfour to Summerset Dr to Kent
  • Special Features: None
  • Year Built: 2000

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave, Free-Standing Range, Refrigerator, Self Cleaning Oven, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Stories: 1
  • Window Features: Window Coverings

Exterior Features

  • Construction Type: Stucco, Masonry
  • Foundation Details: Slab
  • Property Condition: Existing

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener

Utilities

  • Laundry Features: Dryer, Washer
  • Cooling: Ceiling Fan(s)
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: CALL LISTING AGENT

Lot Info

  • Lot Size Sq Ft: 5415

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2020
Closed on
Sep 1, 2020
Sold by
Velez Michelle M
Bought by
Love Willie Frances
List Price
$560,000
Sold Price
$535,000
Premium/Discount to List
-$25,000
-4.46%
Current Estimated Value
$696,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,968
Avg. Annual Appreciation
5.53%
Original Mortgage
$227,000
Outstanding Balance
$202,719
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$495,225

Purchase Details

Closed on
Oct 11, 2007
Sold by
Velez Michelle M
Bought by
Velez Michelle M

Purchase Details

Closed on
Jun 17, 2005
Sold by
The Frenna Family Trust
Bought by
Velez Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.72%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 14, 2005
Sold by
Goldie Ron R
Bought by
Frenna Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.72%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 10, 2002
Sold by
Drinkwater Arthur
Bought by
Goldie Ron R

Purchase Details

Closed on
Jul 16, 2001
Sold by
Drinkwater Arthur
Bought by
Drinkwater Arthur

Purchase Details

Closed on
Feb 28, 2000
Sold by
Adult Blackhawk Nunn Active
Bought by
Drinkwater Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,400
Interest Rate
8.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Love Willie Frances $535,000 First American Title Company
Velez Michelle M -- None Available
Velez Michelle M -- Fidelity National Title
Frenna Family Trust $550,000 Fidelity National Title
Goldie Ron R $320,000 Old Republic Title
Drinkwater Arthur -- --
Drinkwater Arthur $291,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love Willie Frances $25,000
Open Love Willie Frances $227,000
Previous Owner Velez Michelle M $544,185
Previous Owner Frenna Family Trust $200,000
Previous Owner Drinkwater Arthur $221,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $535,000 -4.5% $281 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $560,000 -- $294 / Sq Ft
Source: bridgeMLS

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 $7,282 $579,099 $227,310 $351,789
2024 $7,172 $567,745 $222,853 $344,892
2023 $7,172 $556,614 $218,484 $338,130
2022 $7,064 $545,700 $214,200 $331,500
2021 $6,895 $535,000 $210,000 $325,000
2019 $7,062 $526,000 $186,946 $339,054
2018 $6,437 $487,000 $173,085 $313,915
2017 $6,468 $481,500 $171,130 $310,370
2016 $6,174 $464,000 $164,910 $299,090
2015 $5,666 $424,500 $150,873 $273,627
2014 $5,760 $424,500 $150,872 $273,628
Source: Public Records

Map

Source: bridgeMLS

MLS Number: 40892746

bridgeMLS

APN: 010-430-013-2