NOT LISTED FOR SALE

3700 Summit Lakes Dr Browns Summit, NC 27214

Estimated Value: $601,000 - $701,000

4 Beds
4.5 Baths
4,000 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $345,000 $86 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,864/month

Highlights

  • 1.91 Acre Lot
  • Wood Flooring
  • 2 Car Attached Garage
  • Great Room with Fireplace
  • Porch
  • Kitchen Island

About This Home

As of May 2016

For Comps purposes only.

Last Agent to Sell the Property

Angie Wilkie

Keller Williams One License #192484 Listed on: 03/21/2016

Keller Williams One

Last Buyer's Agent

Sheila Sanders

RE/MAX Realty Consultants License #207028

RE/MAX Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 2001

Lot Details

  • 1.91 Acre Lot
  • Property is zoned RS-40

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,798 Sq Ft Home
  • 3,400-4,000 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • 2 Fireplaces
  • Game Room with Fireplace
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater

Community Details

  • Summit Lakes Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 0128500
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,937

Year Built

Built in 2001

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.91
  • Subdivision Name: Summit Lakes
  • Directions: 150 E to Brown Summit, Turn Left on Brooks Lake Rd, Turn Left on Summit Lakes Dr, Home on Left
  • Above Grade Finished Sq Ft: 3798
  • Unit Levels: Two
  • Year Built: 2001
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 800 - 1100
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3400 - 4000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Separate Shower
  • Has Basement: Finished, Unfinished, Partial
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1000
  • Fireplace Features: Gas Log, Great Room, Playroom
  • Fireplaces: 2
  • Living Area: 3798
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Construction Type: Brick
  • Other Structures: Storage

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 190
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Parcel #: 0128500
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 183193.7173
  • TRIADMLS_PlatPage: 79
  • TRIADMLS_DeedPage: 1674
  • TRIADMLS_DeedBook: 7280
  • TRIADMLS_PlatBook: 129
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 2937
  • Tax Lot: 33
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
May 12, 2016
Sold by
Nei Global Relocation Co
Bought by
Brown Nathan A and Brown Melissa M
Seller's Agent
Angie Wilkie
Keller Williams One
Buyer's Agent
Sheila Sanders
RE/MAX Realty Consultants
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%
Current Estimated Value
$646,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,661
Avg. Annual Appreciation
7.22%
Original Mortgage
$276,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2016
Closed on
Mar 20, 2016
Sold by
Garrison Brian K and Garrison Brooke T
Bought by
Nei Global Relocation Company
Seller's Agent
Angie Wilkie
Keller Williams One
Buyer's Agent
Sheila Sanders
RE/MAX Realty Consultants
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2011
Sold by
Askew Michael D and Askew Caroline W
Bought by
Garrison Brian K and Garrison Brooke T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2001
Sold by
M & J Developers Inc
Bought by
Askew Michael D and Askew Caroline W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.89%
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
Brown Nathan A $345,000 None Available
Nei Global Relocation Company $345,000 None Available
Garrison Brian K $337,500 None Available
Askew Michael D $299,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Nathan A $418,000
Closed Brown Nathan A $276,000
Previous Owner Garrison Brian K $303,750
Previous Owner Askew Michael D $180,000
Previous Owner Askew Michael D $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Sold $345,000 -1.4% $101 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $349,900 -- $103 / 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
2024 $3,424 $384,500 $65,000 $319,500
2023 $3,424 $384,500 $65,000 $319,500
2022 $3,347 $384,500 $65,000 $319,500
2021 $2,985 $342,900 $60,000 $282,900
2020 $2,985 $342,900 $60,000 $282,900
2019 $2,985 $342,900 $0 $0
2018 $2,936 $342,900 $0 $0
2017 $2,936 $342,900 $0 $0
2016 $2,935 $331,700 $0 $0
2015 $2,952 $331,700 $0 $0
2014 $2,985 $331,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 787778

Triad MLS

APN: 0128500