NOT LISTED FOR SALE

2985 Summit Point Rd Summit Point, WV 25446

Estimated Value: $173,000 - $374,000

1 Bed
2 Baths
1,800 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $90,000 $50 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $1,479/month

390 Days on Market

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • No HOA
  • Wood Burning Stove
  • Attic
  • Workshop

About This Home

As of October 2014

HISTORIC VILLAGE LANDMARK. Preserved c.1850 stone beauty perfect for home or business. In famous Taylor Civil War sketchbook. Former grain warehouse by railroad w/original 'John Brown track, cart & pulley. Hand-hewed beams. Spacious rooms plus areas ready for finishing. Upgraded electric. Wired for TV & internet. Cistern w/purification system. Sold as-is. $20/yr street lights. Lot, sq ft estim.

Last Listed By

Teresa Strohmeyer

ERA Oakcrest Realty, Inc. License #WV0021378 Listed on: 08/25/2013

ERA Oakcrest Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,211

Year Built

  • Built in 1850 | Remodeled in 1994

Lot Details

  • 0.25 Acre Lot
  • Landscaped
  • The property's topography is level
  • Historic Home
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Metal Roof
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Wainscoting
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Flue
  • Window Treatments
  • Family Room
  • Living Room
  • Workshop
  • Basement
  • Exterior Basement Entry
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Cistern
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 190616A001800000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,211

Year Built

Built in 1850 | Remodeled in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: Yes
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1850
  • Year Renovated: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Attic, Kitchen - Eat-In, Window Treatments, Wood Stove, Wainscotting, Master Bath(s)
  • Fireplace Features: Flue For Stove
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings
  • Levels Count: 2
  • Room List: Living Room, Master Bedroom, Kitchen, Family Room, Workshop, Attic
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Living Area Units: Square Feet
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 99.44
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Unfinished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Wood
  • Heating Type: Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available
  • Water Source: Cistern

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.25
  • Lot Size Area: 10890
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Very Good
  • Topography: Level
  • Year Assessed: 2012

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1210.86
  • Assessor Parcel Number: 190616A001800000000
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 678
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 10/03/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2013
Closed on
Oct 3, 2014
Sold by
Wyatt R Glenn and Wyatt Deanna L
Bought by
Herren Thomas Wade and Herren Sydney Lynn
Seller's Agent
Teresa Strohmeyer
ERA Oakcrest Realty, Inc.
Buyer's Agent
Teresa Strohmeyer
ERA Oakcrest Realty, Inc.
List Price
$218,000
Sold Price
$90,000
Premium/Discount to List
-$128,000
-58.72%
Total Days on Market
390
Current Estimated Value
$252,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,880
Avg. Annual Appreciation
9.60%
Original Mortgage
$20,000
Outstanding Balance
$15,633
Interest Rate
4.09%
Mortgage Type
Unknown
Estimated Equity
$222,390

Range of Values:

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Average Value
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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
Herren Thomas Wade $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herren Thomas Wade $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2014 10/03/14 Sold $90,000 -49.7% $50 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
03/10/2014 03/10/14 Price Changed $179,000 -5.3% $99 / Sq Ft
10/17/2013 10/17/13 Price Changed $189,000 -13.3% $105 / Sq Ft
08/25/2013 08/25/13 For Sale $218,000 -- $121 / Sq Ft
Source: Bright 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
2024 $926 $79,100 $24,400 $54,700
2023 $924 $79,100 $24,400 $54,700
2022 $847 $71,100 $22,800 $48,300
2021 $802 $66,000 $22,800 $43,200
2020 $722 $63,400 $19,700 $43,700
2019 $735 $63,400 $19,700 $43,700
2018 $686 $58,400 $15,700 $42,700
2017 $686 $58,400 $15,700 $42,700
2016 $654 $55,800 $12,700 $43,100
2015 $1,251 $53,100 $12,700 $40,400
2014 $1,260 $53,600 $12,700 $40,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003683338

Bright MLS

APN: 06-16A-00180000