NOT LISTED FOR SALE

268 S Summit Ridge Rd Saluda, NC 28773

Estimated Value: $840,000 - $1,156,000

4 Beds
6 Baths
4,046 Sq Ft
$245/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $425,000 $105 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $5,735/month

132 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Wooded Lot
  • Waterfront
  • Community Lake
  • Outdoor Fireplace

About This Home

As of December 2018

This fantastic custom-built home features 4 bedrooms and 6 bathrooms including the guest house. Enjoy lake and mountain living at the same time in this beautifully appointed home. Stacked stone fireplace in main level of home as well as in master bedroom with neat loft area and 2 bedrooms with their own bathrooms on the upper level of the home. Enjoy the modern kitchen including breakfast bar, granite countertops, and stainless appliances. The lower level space includes recreation area, exercise room, and wet bar. Wonderful outdoor living spaces as well. INCLUDES LAKE SUMMIT BOATHOUSE WITH 1 BOAT SLIP and large deck and party room (that is part of a multi-family structure).

Last Agent to Sell the Property

Noah George

George Real Estate Group Inc License #231812 Listed on: 07/11/2018

Last Buyer's Agent

Paul Klaassen

Keller Williams Mtn Partners, LLC License #109172

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Cottage

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Fireplace
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 6 Full Bathrooms

Outdoor Features

  • Spa
  • Outdoor Fireplace

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 9941481

Community Details

Overview

  • Joyce Biddix Association
  • Community Lake

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.85170
  • Ratio Close Price By Original Li: 0.80952
  • Ratio Current Price By Acre: 477528.09
  • Ratio Current Price By Sq Ft: 105.04
  • Special Assessment Description: voluntary Lake Summit Foundation
  • Special Assessment Yn: Yes
  • Year Built: 2004
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 682
  • Full Bathrooms: 6
  • Total Bathrooms: 6.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Microwave
  • Fireplace Description: Living Room, Primary Bedroom
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Open Floorplan, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main
  • Room Count: 4
  • Second Living Quarters: Guest House
  • Second Living Quarters Hla: 330
  • Lower Level Sq Ft: 1158
  • Main Level Sq Ft: 2206
  • Total Sq Ft: 4046

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, Outdoor Fireplace
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air, Heat Pump - AC
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Recreation Area
  • Association Fee: 500.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Joyce Biddix
  • Hoa Subject To Dues: Voluntary

Schools

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

Lot Info

  • Lot Features: Lake Access, Lake, Waterfront, Wooded
  • Lot Size Area: 0.890
  • Parcel Number: 9941481
  • Zoning Specification: WR

Tax Info

  • Tax Value: 555900.00
  • Tax Location: Saluda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Dec 24, 2018
Sold by
Felts Michael R
Bought by
Lake Summit Pour House Llc
Seller's Agent
Noah George
George Real Estate Group Inc
Buyer's Agent
Paul Klaassen
Keller Williams Mtn Partners, LLC
List Price
$525,000
Sold Price
$425,000
Premium/Discount to List
-$100,000
-19.05%
Current Estimated Value
$991,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,368
Avg. Annual Appreciation
13.17%

Purchase Details

Closed on
Sep 19, 2016
Bought by
Felts Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2010
Bought by
Mtsa

Purchase Details

Closed on
Jun 10, 2010
Bought by
Mtsa
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lake Summit Pour House Llc $425,000 --
Felts Michael R -- --
Mtsa $654,000 --
Mtsa $654,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Felts Michael R $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $425,000 -14.8% $105 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/15/2018 11/15/18 Price Changed $499,000 -5.0% $123 / Sq Ft
07/11/2018 07/11/18 For Sale $525,000 -- $130 / 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 $3,486 $656,500 $76,200 $580,300
2024 $3,486 $656,500 $76,200 $580,300
2023 $3,486 $656,500 $76,200 $580,300
2022 $2,824 $427,200 $19,000 $408,200
2021 $3,586 $428,300 $19,000 $409,300
2020 $2,788 $428,300 $0 $0
2019 $2,788 $428,300 $0 $0
2018 $3,586 $555,900 $0 $0
2017 $3,586 $555,900 $0 $0
2016 $3,586 $555,900 $0 $0
2015 -- $555,900 $0 $0
2014 -- $534,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3412514

Canopy MLS (Canopy Realtor® Association)

APN: 9941481