NOT LISTED FOR SALE

196 Summit Dr Mount Airy, NC 27030

Estimated Value: $161,000 - $230,000

3 Beds
2 Baths
1,400 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 30, 2018

Last sale price $90,000 $64 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,119/month

85 Days on Market

Highlights

  • No HOA
  • Cottage
  • Built-In Features
  • Franklin Elementary School Rated A-
  • 1 Car Detached Garage
  • Garden

About This Home

As of January 2018

Very nice home with extra large lot and 3 bedrooms and two full bathrooms, home has extra large kitchen, den, deck and heat pump is only 4 years old and roof is two years old,, and painted throughout. Convenient to town but the feel of country living. You must set up appointment to see this one! Stove, refrig., washer, dryer and window treatments stay. Fireplace in den is not a working fireplace. Chimney was closed off when new roof was installed two years ago.

Last Agent to Sell the Property

Shelia Vernon

Homestead Realty License #140935 Listed on: 10/11/2017

Last Buyer's Agent

Diann Beamer

Beamer and Kirkman Realty LLC License #196164

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $452

Year Built

  • Built in 1935

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 214 x 154 x 201 x 156
  • Level Lot
  • Cleared Lot
  • Garden

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,268 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Meadowview Middle School
  • North Surry High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Franklin Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 3186 / 20
  • Assessor Parcel Number 501020903186
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$452

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.74
  • Lot Size: 214 x 154 x 201 x 156
  • Subdivision Name: Franklin Heights
  • Directions: From Mount Airy, take Hwy. 89 West to Toast stoplight. turn left onto South Franklin Rd., then turn right onto Summit Drive near Franklin Elementary School. Home will be on right. See sign!
  • Above Grade Finished Sq Ft: 1268
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1935
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Remarks, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), See Remarks
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Living Area: 1268
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden, Remarks
  • Lot Features: Cleared, Level
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Franklin
  • High School: North Surry
  • Middle Or Junior School: Meadowview

Lot Info

  • Parcel #: 501020903186
  • Zoning: SFR
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 451.5
  • Tax Block: 20
  • Tax Lot: 3186
  • Tax Map Number: 5010
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.665

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Jan 30, 2018
Sold by
Vaught Jimmy R and Vaught Judy L
Bought by
Potts Katrina A and Potts William
Seller's Agent
Shelia Vernon
Homestead Realty
Buyer's Agent
Diann Beamer
Beamer and Kirkman Realty LLC
List Price
$98,900
Sold Price
$90,000
Premium/Discount to List
-$8,900
-9%
Current Estimated Value
$202,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,895
Avg. Annual Appreciation
10.75%
Original Mortgage
$88,369
Outstanding Balance
$75,594
Interest Rate
4.49%
Mortgage Type
FHA
Estimated Equity
$127,301

Purchase Details

Closed on
Feb 23, 2005
Sold by
Frye Lenora S and Amburn Gaye F
Bought by
Vaught Jimmy R and Vaught Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Potts Katrina A $90,000 --
Vaught Jimmy R $67,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts Katrina A $88,369
Previous Owner Vaught Jimmy R $53,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2018 01/30/18 Sold $90,000 -9.0% $82 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
10/11/2017 10/11/17 For Sale $98,900 -- $90 / Sq Ft
Source: Triad MLS

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 $699 $108,340 $19,800 $88,540
2024 $631 $90,150 $18,000 $72,150
2023 $622 $90,150 $18,000 $72,150
2022 $622 $90,150 $18,000 $72,150
2021 $631 $90,150 $18,000 $72,150
2020 $545 $73,720 $18,000 $55,720
2019 $542 $73,720 $18,000 $55,720
2018 $455 $73,720 $0 $0
2017 $451 $62,030 $0 $0
2016 $447 $62,030 $0 $0
2013 -- $62,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelia Vernon

    Seller's Agent in 2018

    Shelia Vernon

    Homestead Realty

    (336) 325-8099

    28 Total Sales

    Shelia Vernon
    Section Image
  • Diann Beamer

    Buyer's Agent in 2018

    Diann Beamer

    Beamer and Kirkman Realty LLC

    (336) 325-7577

    399 Total Sales

    Diann Beamer
    Section Image
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Map

Source: Triad MLS

MLS Number: 853240

Triad MLS

APN: 5010-20-90-3186

North Carolina Surry County Mount Airy 27030

196 Summit Dr, Mount Airy, NC

Not Listed for Sale

Detached

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