NOT LISTED FOR SALE

306 Summergate Dr Unit 2 Winston Salem, NC 27103

Salem Woods Neighborhood

Estimated Value: $227,000 - $241,000

2 Beds
2.5 Baths
1,300 Sq Ft
1,742 Sq Ft Lot

Last Sold September 26, 2012

Last sale price $95,500 $73 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,390/month

Highlights

  • Outdoor Pool
  • Porch
  • Tile Flooring
  • No HOA
  • 1 Car Attached Garage

About This Home

As of October 2022

This home is located at 306 Summergate Dr Unit 2, Winston Salem, NC 27103 since 05 October 2022 and is currently priced at $234,038. This property was built in 2006. 306 Summergate Dr Unit 2 is a home located in Forsyth County with nearby schools including Ward Elementary School, Wiley Magnet Middle School, and Reynolds High School.

Last Agent to Rent the Property

Nick Baker

Timonier Real Estate License #262765 Listed on: 10/05/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 2006

Lot Details

  • 1,742

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,230 Sq Ft Home
  • 1,100-1,300 Sq Ft Home
  • Property has 2 Levels
  • Great Room with Fireplace

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,500

Community Details

Overview

  • No Home Owners Association
  • Hillcrest Towne Center Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,979

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • TRIADMLS_DepositSecurity: 1500

Listing Details

  • Property Sub Type: Condo/Townhouse
  • Prop. Type: Residential Lease
  • Subdivision Name: Hillcrest Towne Center
  • Directions: From Hanes Mall Blvd headed North, turn RIGHT onto Stratford Rd. Travel 2.5 miles then turn RIGHT onto Hillcrest Center Circle. Continue straight, then turn RIGHT onto Summergate Drive. The unit will be the second on the RIGHT.
  • Above Grade Finished Sq Ft: 1230
  • Unit Levels: Two
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Built-In Range, Dishwasher, Disposal, Refrigerator, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 1230
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: Community
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Lot Info

  • TRIADMLS_AcresRange: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2012
Closed on
Sep 27, 2012
Bought by
Ralex Evt Llc
Seller's Agent
Tannon Hardy
Mundy Realty Inc.
Buyer's Agent
Danny Douglas
Keller Williams Realty Elite
List Price
$117,000
Sold Price
$95,500
Premium/Discount to List
-$21,500
-18.38%
Current Estimated Value
$234,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,538
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Mar 6, 2012
Sold by
King Traci Tiera A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 28, 2006
Sold by
Hillcrest Townhouses Llc
Bought by
King Tracie Tiera A

Purchase Details

Closed on
Mar 22, 2006
Sold by
Hillcrest Townhouses Llc
Bought by
King Traci Tiera A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,700
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Ralex Evt Llc $126,000 --
Federal National Mortgage Association $99,200 None Available
King Tracie Tiera A -- None Available
King Traci Tiera A $126,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Traci Tiera A $125,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2022 10/05/22 For Rent $1,500 +3.4% --
10/05/2022 10/05/22 Rented $1,450 +11.5% --
08/02/2021 08/02/21 Rented $1,300 +13.0% --
11/23/2018 11/23/18 For Rent $1,150 0.0% --
11/23/2018 11/23/18 Rented $1,150 0.0% --
09/26/2012 09/26/12 Sold $95,500 -18.4% $78 / Sq Ft View Prior Sale
09/07/2012 09/07/12 Pending -- -- --
07/08/2012 07/08/12 For Sale $117,000 -- $95 / 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 $1,979 $237,800 $38,000 $199,800
2024 $1,889 $141,100 $24,000 $117,100
2023 $1,889 $141,100 $24,000 $117,100
2022 $1,854 $141,100 $24,000 $117,100
2021 $1,820 $141,100 $24,000 $117,100
2020 $1,547 $112,000 $18,000 $94,000
2019 $1,558 $112,000 $18,000 $94,000
2018 $1,479 $112,000 $18,000 $94,000
2016 $1,352 $102,727 $18,000 $84,727
2015 $1,331 $102,727 $18,000 $84,727
2014 $1,291 $102,727 $18,000 $84,727
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2022

    Nick Baker

    Timonier Real Estate

    (336) 701-3010

    7 Total Sales

    Nick Baker
    Section Image

  • T

    Seller's Agent in 2012

    Tannon Hardy

    Mundy Realty Inc.

    (336) 997-6349

    91 Total Sales

    Tannon Hardy
    Section Image

  • C

    Seller Co-Listing Agent in 2012

    Carol Hardy

    Mundy Realty Inc.

    (336) 997-5991

    Carol Hardy
    Section Image

  • D

    Buyer's Agent in 2012

    Danny Douglas

    Keller Williams Realty Elite

    (336) 399-0354

    26 Total Sales

    Danny Douglas
    Section Image
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Map

Source: Triad MLS

MLS Number: 1085389

Triad MLS

APN: 6804-70-6421

North Carolina Forsyth County Winston-Salem 27103 Salem Woods

306 Summergate Dr Unit 2, Winston-Salem, NC

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