NOT LISTED FOR SALE

3610 Summit Lakes Dr Browns Summit, NC 27214

Estimated Value: $534,000 - $726,000

4 Beds
3 Baths
4,106 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $255,303 $62 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $3,593/month

264 Days on Market

Highlights

  • 1.97 Acre Lot
  • Porch
  • Forced Air Heating and Cooling System
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of June 2014

Beautiful single family home in quiet neighborhood built in 2003. Spacious kitchen with dining room. Gorgeous living room. Features 4 bedrroms and 3 baths. On a spacious 85,813 square fot lot. This is a Fannie Mae HomePath property. Attachments See agent remarks

Last Buyer's Agent

Marcy Jones

ALMAJANNIE REALTY, LLC License #245392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,112

Year Built

  • Built in 2003

Lot Details

  • 1.97 Acre Lot
  • Property is zoned RS-40

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,106 Sq Ft Home
  • Property has 2 Levels
  • Den with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Summit Lks Sub Ph 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0128498
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,112

Year Built

Built in 2003

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 1.97
  • Co List Office Mls Id: HPIN01
  • Co List Office Phone: 336-899-8902
  • Subdivision Name: Summit Lks Sub Ph 1
  • Directions: N Elm, R Pisgah, L Yanceyville, Bear R on Doggett, L on Hwy 150, R Brooks Lake Rd, L Summit Lakes Dr
  • Above Grade Finished Sq Ft: 4106
  • Unit Levels: Two
  • Year Built: 2003
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1045
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4106
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Gas
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 4106
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 65
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 0128498
  • Zoning: RS-40

Tax Info

  • Tax Annual Amount: 3112
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.7824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2013
Closed on
Jun 30, 2014
Sold by
Fannie Mae
Bought by
Carter Erica and Patterson Joe Jonior
Buyer's Agent
Marcy Jones
ALMAJANNIE REALTY, LLC
List Price
$344,900
Sold Price
$255,303
Premium/Discount to List
-$89,597
-25.98%
Current Estimated Value
$615,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,451
Avg. Annual Appreciation
8.04%
Original Mortgage
$250,678
Outstanding Balance
$190,655
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$425,099

Purchase Details

Closed on
Mar 1, 2013
Sold by
Mcwilliams Crystal B and Mcwilliams Clemente K
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 26, 2003
Sold by
M & J Developers Inc
Bought by
Mcwilliams Crystal B and Mcwilliams Clemente K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2002
Sold by
Summit Oaks Llc
Bought by
M & J Developers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Carter Erica -- None Available
Federal National Mortgage Association $243,931 None Available
Mcwilliams Crystal B $339,500 --
M & J Developers Inc $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Erica $250,678
Previous Owner Mcwilliams Crystal B $322,500
Previous Owner M & J Developers Inc $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $255,303 -26.0% $62 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
07/16/2013 07/16/13 For Sale $344,900 -- $84 / 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 $3,378 $379,400 $65,000 $314,400
2024 $3,378 $379,400 $65,000 $314,400
2023 $3,378 $379,400 $65,000 $314,400
2022 $3,302 $379,400 $65,000 $314,400
2021 $2,965 $340,600 $60,000 $280,600
2020 $2,965 $340,600 $60,000 $280,600
2019 $2,965 $340,600 $0 $0
2018 $2,916 $340,600 $0 $0
2017 $2,931 $340,600 $0 $0
2016 $2,946 $332,900 $0 $0
2015 $2,962 $332,900 $0 $0
2014 $2,996 $332,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 679181

Triad MLS

APN: 0128498