NOT LISTED FOR SALE

350 Summerfield Place Unit 14 D Flat Rock, NC 28731

Estimated Value: $428,956 - $483,000

2 Beds
2 Baths
1,870 Sq Ft
$185/mo HOA Fee

Last Sold June 25, 2020

Last sale price $335,000 $179 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,767/month

5 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Lawn
  • In Ground Pool
  • Clubhouse
  • Fireplace

About This Home

As of June 2020

Multiple offers received. Calling for highest and best by 12:00 pm on Wednesday, May 13th. Rare opportunity for privacy in The Orchards! This one-owner home has been very lightly lived-in (owners lived out of the country for several years) and is one of very few units in The Orchards that has a woods view, providing privacy and tranquility. The popular Canterbury model includes a spacious den/office for work or quiet retreat and a wonderful sunroom for relaxing with your morning coffee or evening glass of wine. The home also includes a large storage area conveniently located close to the garage and laundry room. The low monthly HOA fees include lawn maintenance, exterior home maintenance, clubhouse, fitness center, and pool, making for carefree living. If you have been considering a home in The Orchards, don't miss this rare opportunity.

Last Agent to Sell the Property

Charlotte Sheppard

Fathom Realty NC LLC License #113906 Listed on: 05/08/2020

Fathom Realty NC LLC

Last Buyer's Agent

David Alperin

Alperin Realty Associates License #192135

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 2,614

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Tile Flooring
  • Pull Down Stairs to Attic
  • Breakfast Bar

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • In Ground Pool
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 1009818

Community Details

Overview

  • Lifestyle Property Management Association, Phone Number (828) 274-1110

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00299
  • Ratio Close Price By Original Li: 1.00299
  • Ratio Current Price By Acre: 5583333.33
  • Ratio Current Price By Sq Ft: 179.14
  • Unit Floor Level: 1
  • Year Built: 2008
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Oven, Electric Range, Microwave, Refrigerator
  • Fireplace Description: Gas Vented, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • H O A Management Phone: 828-274-1110
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Available, Open Floorplan, Pantry, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1870
  • Total Sq Ft: 1870

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Pool-In-Ground

Garage/Parking

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

Utilities

  • Heating: Electric Hot Air, Gas Hot Air Furnace, Heat Pump - AC, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Outdoor Pool
  • Association Fee: 185.00
  • Association Fee Frequency: Monthly
  • Complex Name: Orchards of Flat Rock
  • HOA Management Company: Lifestyle Property Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Upward
  • Middle School: Flat Rock
  • High School: East Henderson

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Level, Paved Frontage
  • Lot Size Area: 0.060
  • Parcel Number: 1009818
  • Zoning Specification: R1

Tax Info

  • Tax Value: 286300.00
  • Tax Location: FLATROCK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 23, 2020
Sold by
Morrow Danny N and Morrow Kathryn W
Bought by
Corbin Royal F
Seller's Agent
Charlotte Sheppard
Fathom Realty NC LLC
Buyer's Agent
David Alperin
Alperin Realty Associates
List Price
$334,000
Sold Price
$335,000
Premium/Discount to List
$1,000
0.3%
Current Estimated Value
$452,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,989
Avg. Annual Appreciation
5.84%
Original Mortgage
$300,000
Outstanding Balance
$265,927
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$187,062

Purchase Details

Closed on
Oct 2, 2008
Sold by
Not Provided
Bought by
Morrow Danny N and Morrow Kathryn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,353
Interest Rate
5.99%
Mortgage Type
Cash

Purchase Details

Closed on
Jan 25, 2006
Sold by
Not Provided
Bought by
Morrow Danny N and Morrow Kathryn W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Corbin Royal F $335,000 None Available
Morrow Danny N $292,000 --
Morrow Danny N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corbin Royal F $300,000
Previous Owner Morrow Danny N $202,353
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2020 06/25/20 Sold $335,000 +0.3% $179 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $334,000 -- $179 / 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 $2,242 $393,300 $48,500 $344,800
2024 $2,242 $399,600 $48,500 $351,100
2023 $2,242 $399,600 $48,500 $351,100
2022 $1,981 $286,700 $44,000 $242,700
2021 $1,981 $286,300 $44,000 $242,300
2020 $1,978 $286,300 $0 $0
2019 $1,978 $286,300 $0 $0
2018 $1,743 $254,400 $0 $0
2017 $1,743 $254,400 $0 $0
2016 $1,743 $254,400 $0 $0
2015 -- $254,400 $0 $0
2014 -- $251,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3618836

Canopy MLS (Canopy Realtor® Association)

APN: 1009818