NOT LISTED FOR SALE

262 Summit Dr Mount Airy, NC 27030

Estimated Value: $144,000 - $230,611

2 Beds
1.5 Baths
1,300 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $132,500 $102 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $973/month

12 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Central Air
  • Franklin Elementary School Rated A-
  • Outdoor Storage
  • Wood Siding

About This Home

As of July 2024

Brick and wood home, 4 bedrooms (two upstairs bedrooms do not meet the height requirement to be counted on the square footage), 1 & 1/2 bath, 2.19 Acres of land, all appliances stay, hardwood floors, 2 car garage, heat pump & central air, home needs some TLC, great location, call today to see this one.

Last Agent to Sell the Property

Diann Beamer

Beamer and Kirkman Realty LLC License #196164 Listed on: 05/15/2024

Last Buyer's Agent

Diann Beamer

Beamer and Kirkman Realty LLC License #196164 Listed on: 05/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $570

Year Built

  • Built in 1935

Lot Details

  • 2.19 Acre Lot
  • Property is zoned RL

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 591908994515
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$570

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.19
  • Subdivision Name: None
  • Directions: From E. Pine St., turn LEFT onto S. Franklin Rd. in 0.3 miles home will be on your RIGHT
  • Above Grade Finished Sq Ft: 1200
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1935
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1200
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Brick, Wood Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 591908994515
  • Zoning: RL
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 569.72
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 27, 2024
Sold by
Peterson Glenn Robert and Peterson Kimberly Ann
Bought by
Bradley Brian Keith and Moore Christine Martha
Seller's Agent
Diann Beamer
Beamer and Kirkman Realty LLC
Buyer's Agent
Diann Beamer
Beamer and Kirkman Realty LLC
List Price
$169,000
Sold Price
$132,500
Premium/Discount to List
-$36,500
-21.6%
Views
113
Current Estimated Value
$173,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,903
Avg. Annual Appreciation
18.82%
Original Mortgage
$75,000
Outstanding Balance
$72,734
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$100,669

Purchase Details

Closed on
Mar 21, 2016
Sold by
20 Properties Llc
Bought by
Peterson Glenn

Purchase Details

Closed on
Dec 16, 2009
Sold by
Harrell Rita F
Bought by
Brown Garrett W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
4.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 1, 1994

Purchase Details

Closed on
May 1, 1994

Purchase Details

Closed on
Oct 1, 1991

Purchase Details

Closed on
Jun 1, 1946
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
Bradley Brian Keith $132,500 None Listed On Document
Peterson Glenn $20,000 None Available
Brown Garrett W $75,000 None Available
-- -- --
-- -- --
-- $32,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Brian Keith $75,000
Previous Owner Brown Garrett W $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2024 07/03/24 Sold $132,500 -21.6% $133 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $169,000 -- $169 / Sq Ft
Source: Triad MLS

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 $845 $132,990 $16,500 $116,490
2024 $579 $81,980 $15,000 $66,980
2023 $453 $81,980 $15,000 $66,980
2022 $570 $81,980 $15,000 $66,980
2021 $579 $81,980 $15,000 $66,980
2020 $555 $75,150 $15,000 $60,150
2019 $552 $75,150 $0 $0
2018 $543 $75,150 $0 $0
2017 $539 $75,150 $0 $0
2016 $533 $75,150 $0 $0
2013 -- $73,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1142521

Triad MLS

APN: 5919-08-99-4515