NOT LISTED FOR SALE

3701 Summit Lakes Dr Browns Summit, NC 27214

Estimated Value: $477,988 - $558,000

4 Beds
2.5 Baths
2,700 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $317,500 $118 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,016/month

58 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Corner Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage

About This Home

As of September 2019

Look no further, all you have to do is walk right in. Owner has updated home for the new owner with new neutral interior paint, carpet, stainless sink and HVAC. Vaulted ceiling in den and trey ceiling in main level master. 2nd story offers 3 bedrooms and bonus and opens to lower level. Tons of storage space. Side entry garage. Large deck overlooking large flat private yard. Subdivision offers a beautiful lake for outdoor enjoyment.

Last Agent to Sell the Property

Michelle Porter

Berkshire Hathaway HomeServices Yost & Little Realty License #160848 Listed on: 06/18/2019

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 2001

Lot Details

  • 1.31 Acre Lot
  • Lot Dimensions are 83 x 216 x 17 x 132 x 300 x 236
  • Corner Lot
  • Cleared Lot
  • Property is zoned RS-40

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,483 Sq Ft Home
  • 2,200-2,700 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Schools

  • Northeast Middle School
  • Northeast High School

Utilities

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

Community Details

  • Summit Lakes Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 0128478
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,300

Year Built

Built in 2001

Lot Details

0

HOA Fees

$64 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.31
  • Lot Size: 83 x 216 x 17 x 132 x 300 x 236
  • Subdivision Name: Summit Lakes
  • Directions: Take 29 N. Take the Reedy Fork Pkwy exit. L on Reedy Fork Pkwy. R on Summit Ave. Keep left to continue on Brown Summit Rd. L on NC-150 W. R on Brooks Lake Rd. L on Summit Lakes Dr. Home will be on the right at W River Ridge Dr.
  • Above Grade Finished Sq Ft: 2483
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2001
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Pantry, Separate Shower, Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 2483
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Partially Cleared, Subdivided
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Gas
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association Fee: 192
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Monticello-Brown Summit
  • High School: Northeast
  • Middle Or Junior School: Northeast

Lot Info

  • Parcel #: 0128478
  • Zoning: RS-40
  • TRIADMLS_PlatPage: 80
  • TRIADMLS_PlatBook: 129
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2300
  • Tax Lot: 12
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.8604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Sep 20, 2019
Sold by
Fisher Denise
Bought by
Cotten Quori D and Cotten Brandi T
Seller's Agent
Michelle Porter
Berkshire Hathaway HomeServices Yost & Little Realty
Sold Price
$317,500
Current Estimated Value
$518,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,497
Avg. Annual Appreciation
8.14%
Original Mortgage
$311,748
Outstanding Balance
$273,179
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$245,818

Purchase Details

Closed on
Dec 14, 2001
Sold by
Funderburk Mark E and Funderburk Teri F
Bought by
Fisher Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,900
Interest Rate
5.87%

Purchase Details

Closed on
Apr 16, 2001
Sold by
Summit Oaks Llc
Bought by
Funderburk Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cotten Quori D $317,500 None Available
Fisher Denise $257,000 --
Funderburk Mark E $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotten Quori D $311,748
Previous Owner Fisher Denise $256,900
Previous Owner Funderburk Mark E $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Off Market $317,500 -- --
09/23/2019 09/23/19 Sold $317,500 -- $144 / 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 $2,878 $323,200 $65,000 $258,200
2024 $2,878 $323,200 $65,000 $258,200
2023 $2,878 $323,200 $65,000 $258,200
2022 $2,813 $323,200 $65,000 $258,200
2021 $2,683 $308,200 $60,000 $248,200
2020 $2,683 $308,200 $60,000 $248,200
2019 $2,327 $267,300 $0 $0
2018 $2,288 $267,300 $0 $0
2017 $2,300 $267,300 $0 $0
2016 $2,293 $259,100 $0 $0
2015 $2,306 $259,100 $0 $0
2014 $2,332 $259,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 936577

Triad MLS

APN: 0128478