NOT LISTED FOR SALE

322 Summergate Dr Winston Salem, NC 27103

Salem Woods Neighborhood

Estimated Value: $229,000 - $245,000

2 Beds
2.5 Baths
1,503 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 04, 2012

Last sale price $107,500 $72 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,521/month

9 Days on Market

Highlights

  • Porch
  • Kitchen Island
  • Ceiling Fan
  • 1 Car Attached Garage
  • Central Air
  • Carpet

About This Home

As of December 2012

This is a very nice townhouse with a preferred corner unit location that's been freshly painted and comes with all appliances including refrigerator, stove and washer & dryer. This lovely townhouse represents a great value and is bargain priced $30,000 under tax value and $17,000 under the current owner's purchase price of $131,900 in 2006. Come see and come save!!

Last Buyer's Agent

Amber Boyles

Village Properties Triad brokered by EXP Realty License #217109

Village Properties Triad brokered by EXP Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,666

Year Built

  • Built in 2006

Lot Details

  • 1,742

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,503 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Kitchen Island
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Hillcrest Gallery Subdivision

Listing and Financial Details

  • Legal Lot and Block 006 / 6586
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,666

Year Built

Built in 2006

Lot Details

0

HOA Fees

$98 per month

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: Townhouse Lot
  • Subdivision Name: Hillcrest Gallery
  • Directions: Bus I-40 W to I-40 E, exit Stratford Road turning right, right on Hillcrest Center Drive, left Hillcrest Center Circle, right Summergate
  • Above Grade Finished Sq Ft: 1503
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1503
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1503
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 97.5
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Zoning: RS9

Tax Info

  • Tax Annual Amount: 1666.35
  • Tax Block: 6586
  • Tax Lot: 006
  • Tax Map Number: 606838
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2012
Closed on
Nov 13, 2012
Sold by
Jung Kim Hyon and Shin Dong Wan
Bought by
Poole Craig E
Buyer's Agent
Amber Boyles
Village Properties Triad brokered by EXP Realty
List Price
$114,900
Sold Price
$107,500
Premium/Discount to List
-$7,400
-6.44%
Current Estimated Value
$240,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,809
Avg. Annual Appreciation
6.43%
Original Mortgage
$86,000
Outstanding Balance
$59,456
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$180,853

Purchase Details

Closed on
Jul 28, 2006
Sold by
Hillcrest Townhouses Llc
Bought by
Jung Kim Hyon

Purchase Details

Closed on
Jul 25, 2006
Sold by
Hillcrest Townhouses Llc
Bought by
Jung Kim Hyon

Purchase Details

Closed on
Apr 19, 2006
Sold by
Hillcrest Townhouses Llc
Bought by
Jung Kim Hyon
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
Poole Craig E $108,000 None Available
Jung Kim Hyon -- None Available
Jung Kim Hyon -- None Available
Jung Kim Hyon $132,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poole Craig E $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2012 12/04/12 Sold $107,500 -6.4% $72 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
09/17/2012 09/17/12 For Sale $114,900 -- $76 / 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 $1,977 $237,400 $38,000 $199,400
2024 $1,886 $140,900 $24,000 $116,900
2023 $1,886 $140,900 $24,000 $116,900
2022 $1,851 $140,900 $24,000 $116,900
2021 $1,818 $140,900 $24,000 $116,900
2020 $1,544 $111,800 $18,000 $93,800
2019 $1,555 $111,800 $18,000 $93,800
2018 $1,477 $111,800 $18,000 $93,800
2016 $1,491 $110,752 $18,000 $92,752
2015 $1,609 $110,752 $18,000 $92,752
2014 $1,572 $110,752 $18,000 $92,752
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2012

    Amber Boyles

    Village Properties Triad brokered by EXP Realty

    (336) 918-4570

    1 in this area

    80 Total Sales

    Amber Boyles
    Section Image
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Map

Source: Triad MLS

MLS Number: 653381

Triad MLS

APN: 6804-70-5479

North Carolina Forsyth County Winston-Salem 27103 Salem Woods

322 Summergate Dr, Winston-Salem, NC

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