NOT LISTED FOR SALE

201 Summit St Locust, NC 28097

Estimated Value: $212,000 - $294,000

3 Beds
1 Bath
1,144 Sq Ft
$221/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $114,500 $100 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,464/month

36 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Separate Outdoor Workshop
  • Locust Elementary School Rated A-
  • Corner Lot

About This Home

As of April 2018

USDA eligible or qualify for the $8,000 Down Payment Assistance for first time home buyers, New HVAC system and electrical panel going in . Corner lot with 3 bedrooms, 1 bath with new paint, new carpet. New outside building 10 x 16 with electrical. Electrical with ground fault has been completed on interior. Beautiful pine knot paneling in family room. Don't miss out on this almost 1/2 acre lot. There appears to be hardwood floors in the bedrooms with the new carpet. Washer & dryer are staying along with refrigerator . Large laundry room with storage. Come look at this amazing home.

Last Agent to Sell the Property

Jolet Thomas

Team Thomas & Associates Realty Inc. License #256675 Listed on: 02/15/2018

Co-Listed By

Leslie Harrison

Team Thomas & Associates Realty Inc. License #218724

Last Buyer's Agent

Reggie Jamerson

Ashley Lambert Realty License #284923

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.42

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Asbestos Siding

Flooring

  • Wood
  • Vinyl

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Separate Outdoor Workshop
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 5575-01-36-2270

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.91600
  • Ratio Close Price By Original Li: 0.91600
  • Ratio Current Price By Acre: 272619.05
  • Ratio Current Price By Sq Ft: 100.09
  • Year Built: 1957
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Dryer, Electric Range, Refrigerator, Washer, Electric Oven
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1144
  • Total Sq Ft: 1144

Exterior Features

  • Construction: Asbestos
  • Construction Type: Site Built
  • Exterior Features: Workshop
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car

Utilities

  • Heating: Oil Hot Air, Window Unit
  • Sewer: City Sewer
  • Water: County Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.420
  • Parcel Number: 5575-01-36-2270
  • Plat Reference Section Pages: 731
  • Zoning Specification: GR

Tax Info

  • Tax Value: 59237.00
  • Tax Location: Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
Apr 27, 2018
Sold by
Starfit Glenn M and Starfit Elizabeth A
Bought by
Perez Hector Sanchez
Seller's Agent
Jolet Thomas
Team Thomas & Associates Realty Inc.
Buyer's Agent
Reggie Jamerson
Ashley Lambert Realty
List Price
$125,000
Sold Price
$114,500
Premium/Discount to List
-$10,500
-8.4%
Current Estimated Value
$253,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,811
Avg. Annual Appreciation
11.02%

Purchase Details

Closed on
May 9, 2014
Sold by
Thomas Reba P
Bought by
Safrit Glenn M and Safrit Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
4.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Perez Hector Sanchez $114,500 None Available
Safrit Glenn M $61,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Safrit Glenn M $48,800
Previous Owner Thomas Reba P $10,000
Previous Owner Thomas Reba P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $114,500 -8.4% $100 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $125,000 -- $109 / 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 $1,517 $164,900 $36,811 $128,089
2024 $1,038 $95,253 $21,752 $73,501
2023 $1,158 $95,253 $21,752 $73,501
2022 $1,149 $95,253 $21,752 $73,501
2021 $1,139 $95,253 $21,752 $73,501
2020 $781 $59,237 $19,074 $40,163
2019 $789 $59,237 $19,074 $40,163
2018 $669 $59,237 $19,074 $40,163
2017 $669 $59,237 $19,074 $40,163
2016 $648 $57,353 $17,736 $39,617
2015 $767 $57,353 $17,736 $39,617
2014 $306 $57,353 $17,736 $39,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3360858

Canopy MLS (Canopy Realtor® Association)

APN: 5575-01-36-0270